Micronesia (country) vs Tuvalu: Net errors and omissions (BoP, current US$)
Net errors and omissions (BoP, current US$) over time
- Micronesia (country)
- Tuvalu
How they compare
Tuvalu currently reports -2.81 million BoP, current US$ against -5.84 million BoP, current US$ in Micronesia (country), a difference of 3.03 million BoP, current US$.
Across all 6 years both countries report, Tuvalu has been ahead every year.
Micronesia (country) ranks 102nd and Tuvalu ranks 100th of 199 countries.
Tuvalu has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Micronesia (country) | Tuvalu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -13.10 million BoP, current US$ | 1.93 million BoP, current US$ | 15.03 million BoP, current US$ | Tuvalu |
| 2010s | -11.55 million BoP, current US$ | 6.40 million BoP, current US$ | 17.95 million BoP, current US$ | Tuvalu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Micronesia (country) or Tuvalu?
- Tuvalu, at -2.81 million BoP, current US$ against -5.84 million BoP, current US$ in Micronesia (country) as of 2023.
- What is the difference in net errors and omissions between Micronesia (country) and Tuvalu?
- 3.03 million BoP, current US$, with Tuvalu ahead.
- How many years of comparable data are there for Micronesia (country) and Tuvalu?
- 6 years are reported by both, from 2009 to 2014.
- How do Micronesia (country) and Tuvalu rank globally for net errors and omissions?
- Micronesia (country) ranks 102nd and Tuvalu ranks 100th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.