Latvia vs Nepal: Net errors and omissions
Net errors and omissions over time
- Latvia
- Nepal
How they compare
Nepal currently reports 376.05 million BoP, current US$ against 342.81 million BoP, current US$ in Latvia, a difference of 33.24 million BoP, current US$.
That makes Nepal's figure about 1.1 times Latvia's.
The two have swapped places 11 times across 33 shared years of data; in 1992 it was Nepal ahead.
Latvia ranks 55th and Nepal ranks 53rd of 197 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Nepal in 3.
Head to head by decade
| Decade | Latvia | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -151.85 million BoP, current US$ | 61.54 million BoP, current US$ | 213.38 million BoP, current US$ | Nepal |
| 2000s | -64.25 million BoP, current US$ | 123.47 million BoP, current US$ | 187.73 million BoP, current US$ | Nepal |
| 2010s | 274.89 million BoP, current US$ | 348.16 million BoP, current US$ | 73.27 million BoP, current US$ | Nepal |
| 2020s | 858.14 million BoP, current US$ | 632.19 million BoP, current US$ | 225.95 million BoP, current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Latvia or Nepal?
- Nepal, at 376.05 million BoP, current US$ against 342.81 million BoP, current US$ in Latvia as of 2024.
- What is the difference in net errors and omissions between Latvia and Nepal?
- 33.24 million BoP, current US$, with Nepal ahead.
- How many years of comparable data are there for Latvia and Nepal?
- 33 years are reported by both, from 1992 to 2024.
- How do Latvia and Nepal rank globally for net errors and omissions?
- Latvia ranks 55th and Nepal ranks 53rd of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.