Norway vs United Kingdom: Net errors and omissions (BoP, current US$)
Net errors and omissions (BoP, current US$) over time
- Norway
- United Kingdom
How they compare
Norway currently reports 21.54 billion BoP, current US$ against 18.05 billion BoP, current US$ in United Kingdom, a difference of 3.49 billion BoP, current US$.
That makes Norway's figure about 1.2 times United Kingdom's.
The two have swapped places 22 times across 51 shared years of data; in 1975 it was Norway ahead.
Norway ranks 4th and United Kingdom ranks 6th of 199 countries.
Across the 6 decades both report, Norway averaged higher in 1 and United Kingdom in 5.
Head to head by decade
| Decade | Norway | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 394.67 million BoP, current US$ | 2.53 billion BoP, current US$ | 2.14 billion BoP, current US$ | United Kingdom |
| 1980s | -552.32 million BoP, current US$ | 2.95 billion BoP, current US$ | 3.50 billion BoP, current US$ | United Kingdom |
| 1990s | -2.95 billion BoP, current US$ | 4.07 billion BoP, current US$ | 7.02 billion BoP, current US$ | United Kingdom |
| 2000s | -7.66 billion BoP, current US$ | -8.84 billion BoP, current US$ | 1.18 billion BoP, current US$ | Norway |
| 2010s | -5.09 billion BoP, current US$ | -2.97 billion BoP, current US$ | 2.11 billion BoP, current US$ | United Kingdom |
| 2020s | -3.81 billion BoP, current US$ | -1.17 billion BoP, current US$ | 2.64 billion BoP, current US$ | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Norway or United Kingdom?
- Norway, at 21.54 billion BoP, current US$ against 18.05 billion BoP, current US$ in United Kingdom as of 2025.
- What is the difference in net errors and omissions between Norway and United Kingdom?
- 3.49 billion BoP, current US$, with Norway ahead.
- How many years of comparable data are there for Norway and United Kingdom?
- 51 years are reported by both, from 1975 to 2025.
- How do Norway and United Kingdom rank globally for net errors and omissions?
- Norway ranks 4th and United Kingdom ranks 6th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.