Mongolia vs New Zealand: Net errors and omissions
Net errors and omissions over time
- Mongolia
- New Zealand
How they compare
Mongolia currently reports -393.23 million BoP, current US$ against -416.44 million BoP, current US$ in New Zealand, a difference of 23.21 million BoP, current US$.
The two have swapped places 7 times across 25 shared years of data; in 2000 it was Mongolia ahead.
Mongolia ranks 146th and New Zealand ranks 148th of 197 countries.
Across the 3 decades both report, Mongolia averaged higher in 1 and New Zealand in 2.
Head to head by decade
| Decade | Mongolia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -191.62 million BoP, current US$ | -492.71 million BoP, current US$ | 301.09 million BoP, current US$ | Mongolia |
| 2010s | -116.76 million BoP, current US$ | 1.72 billion BoP, current US$ | 1.84 billion BoP, current US$ | New Zealand |
| 2020s | -249.19 million BoP, current US$ | 4.29 billion BoP, current US$ | 4.54 billion BoP, current US$ | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Mongolia or New Zealand?
- Mongolia, at -393.23 million BoP, current US$ against -416.44 million BoP, current US$ in New Zealand as of 2024.
- What is the difference in net errors and omissions between Mongolia and New Zealand?
- 23.21 million BoP, current US$, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and New Zealand?
- 25 years are reported by both, from 2000 to 2024.
- How do Mongolia and New Zealand rank globally for net errors and omissions?
- Mongolia ranks 146th and New Zealand ranks 148th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.