South Korea vs Netherlands: Net errors and omissions
Net errors and omissions over time
- South Korea
- Netherlands
How they compare
South Korea currently reports -3.55 billion BoP, current US$ against -4.18 billion BoP, current US$ in Netherlands, a difference of 634.68 million BoP, current US$.
The two have swapped places 17 times across 49 shared years of data; in 1976 it was Netherlands ahead.
South Korea ranks 179th and Netherlands ranks 182nd of 197 countries.
Across the 6 decades both report, South Korea averaged higher in 5 and Netherlands in 1.
Head to head by decade
| Decade | South Korea | Netherlands | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -224.71 million BoP, current US$ | -277.67 million BoP, current US$ | 52.95 million BoP, current US$ | South Korea |
| 1980s | 694.20 million BoP, current US$ | -913.74 million BoP, current US$ | 1.61 billion BoP, current US$ | South Korea |
| 1990s | -1.86 billion BoP, current US$ | -5.41 billion BoP, current US$ | 3.55 billion BoP, current US$ | South Korea |
| 2000s | 2.59 billion BoP, current US$ | -2.73 billion BoP, current US$ | 5.32 billion BoP, current US$ | South Korea |
| 2010s | 1.19 billion BoP, current US$ | 1.45 billion BoP, current US$ | 254.16 million BoP, current US$ | Netherlands |
| 2020s | -5.58 million BoP, current US$ | -4.01 billion BoP, current US$ | 4.01 billion BoP, current US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, South Korea or Netherlands?
- South Korea, at -3.55 billion BoP, current US$ against -4.18 billion BoP, current US$ in Netherlands as of 2025.
- What is the difference in net errors and omissions between South Korea and Netherlands?
- 634.68 million BoP, current US$, with South Korea ahead.
- How many years of comparable data are there for South Korea and Netherlands?
- 49 years are reported by both, from 1976 to 2024.
- How do South Korea and Netherlands rank globally for net errors and omissions?
- South Korea ranks 179th and Netherlands ranks 182nd of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.