Libya vs Uganda: Net errors and omissions
Net errors and omissions over time
- Libya
- Uganda
How they compare
Libya currently reports 711.10 million BoP, current US$ against 608.51 million BoP, current US$ in Uganda, a difference of 102.58 million BoP, current US$.
That makes Libya's figure about 1.2 times Uganda's.
The two have swapped places 23 times across 44 shared years of data; in 1980 it was Uganda ahead.
Libya ranks 38th and Uganda ranks 39th of 199 countries.
Across the 5 decades both report, Libya averaged higher in 3 and Uganda in 2.
Head to head by decade
| Decade | Libya | Uganda | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -439,300 BoP, current US$ | 11.39 million BoP, current US$ | 11.83 million BoP, current US$ | Uganda |
| 1990s | 109.04 million BoP, current US$ | 13.92 million BoP, current US$ | 95.12 million BoP, current US$ | Libya |
| 2000s | 341.55 million BoP, current US$ | -111.65 million BoP, current US$ | 453.20 million BoP, current US$ | Libya |
| 2010s | -975.10 million BoP, current US$ | 416.41 million BoP, current US$ | 1.39 billion BoP, current US$ | Uganda |
| 2020s | 778.62 million BoP, current US$ | 404.65 million BoP, current US$ | 373.97 million BoP, current US$ | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Libya or Uganda?
- Libya, at 711.10 million BoP, current US$ against 608.51 million BoP, current US$ in Uganda as of 2023.
- What is the difference in net errors and omissions between Libya and Uganda?
- 102.58 million BoP, current US$, with Libya ahead.
- How many years of comparable data are there for Libya and Uganda?
- 44 years are reported by both, from 1980 to 2023.
- How do Libya and Uganda rank globally for net errors and omissions?
- Libya ranks 38th and Uganda ranks 39th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.