Latvia vs Romania: Net errors and omissions
Net errors and omissions over time
- Latvia
- Romania
How they compare
Romania currently reports 388.11 million BoP, current US$ against 342.81 million BoP, current US$ in Latvia, a difference of 45.30 million BoP, current US$.
That makes Romania's figure about 1.1 times Latvia's.
The two have swapped places 10 times across 34 shared years of data; in 1992 it was Romania ahead.
Latvia ranks 55th and Romania ranks 52nd of 197 countries.
Romania has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Romania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -151.85 million BoP, current US$ | 388.38 million BoP, current US$ | 540.22 million BoP, current US$ | Romania |
| 2000s | -64.25 million BoP, current US$ | -13.53 million BoP, current US$ | 50.73 million BoP, current US$ | Romania |
| 2010s | 274.89 million BoP, current US$ | 1.27 billion BoP, current US$ | 999.51 million BoP, current US$ | Romania |
| 2020s | 772.25 million BoP, current US$ | 1.81 billion BoP, current US$ | 1.03 billion BoP, current US$ | Romania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Latvia or Romania?
- Romania, at 388.11 million BoP, current US$ against 342.81 million BoP, current US$ in Latvia as of 2025.
- What is the difference in net errors and omissions between Latvia and Romania?
- 45.30 million BoP, current US$, with Romania ahead.
- How many years of comparable data are there for Latvia and Romania?
- 34 years are reported by both, from 1992 to 2025.
- How do Latvia and Romania rank globally for net errors and omissions?
- Latvia ranks 55th and Romania ranks 52nd of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.