Nigeria vs Saudi Arabia: Net errors and omissions
Net errors and omissions over time
- Nigeria
- Saudi Arabia
How they compare
Saudi Arabia currently reports -14.58 billion BoP, current US$ against -15.73 billion BoP, current US$ in Nigeria, a difference of 1.14 billion BoP, current US$.
The two have swapped places 15 times across 44 shared years of data; in 1978 it was Nigeria ahead.
Nigeria ranks 193rd and Saudi Arabia ranks 191st of 197 countries.
Across the 6 decades both report, Nigeria averaged higher in 5 and Saudi Arabia in 1.
Head to head by decade
| Decade | Nigeria | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 210.65 million BoP, current US$ | 150,467 BoP, current US$ | 210.50 million BoP, current US$ | Nigeria |
| 1980s | 53.75 million BoP, current US$ | 239,672 BoP, current US$ | 53.51 million BoP, current US$ | Nigeria |
| 1990s | -15.80 million BoP, current US$ | 96,667 BoP, current US$ | 15.90 million BoP, current US$ | Saudi Arabia |
| 2000s | -8.22 billion BoP, current US$ | -8.24 billion BoP, current US$ | 11.24 million BoP, current US$ | Nigeria |
| 2010s | -9.37 billion BoP, current US$ | -15.69 billion BoP, current US$ | 6.32 billion BoP, current US$ | Nigeria |
| 2020s | -7.28 billion BoP, current US$ | -7.37 billion BoP, current US$ | 95.08 million BoP, current US$ | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Nigeria or Saudi Arabia?
- Saudi Arabia, at -14.58 billion BoP, current US$ against -15.73 billion BoP, current US$ in Nigeria as of 2025.
- What is the difference in net errors and omissions between Nigeria and Saudi Arabia?
- 1.14 billion BoP, current US$, with Saudi Arabia ahead.
- How many years of comparable data are there for Nigeria and Saudi Arabia?
- 44 years are reported by both, from 1978 to 2025.
- How do Nigeria and Saudi Arabia rank globally for net errors and omissions?
- Nigeria ranks 193rd and Saudi Arabia ranks 191st of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.