Oman vs Singapore: Net errors and omissions
Net errors and omissions over time
- Oman
- Singapore
How they compare
Oman currently reports -1.01 billion BoP, current US$ against -1.11 billion BoP, current US$ in Singapore, a difference of 102.59 million BoP, current US$.
The two have swapped places 16 times across 51 shared years of data; in 1974 it was Singapore ahead.
Oman ranks 159th and Singapore ranks 161st of 197 countries.
Across the 6 decades both report, Oman averaged higher in 1 and Singapore in 5.
Head to head by decade
| Decade | Oman | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -213.62 million BoP, current US$ | 267.29 million BoP, current US$ | 480.91 million BoP, current US$ | Singapore |
| 1980s | -265.44 million BoP, current US$ | 2.58 million BoP, current US$ | 268.02 million BoP, current US$ | Singapore |
| 1990s | 246.67 million BoP, current US$ | 655.99 million BoP, current US$ | 409.32 million BoP, current US$ | Singapore |
| 2000s | -388.83 million BoP, current US$ | -1.46 billion BoP, current US$ | 1.07 billion BoP, current US$ | Oman |
| 2010s | -351.76 million BoP, current US$ | -326.67 million BoP, current US$ | 25.09 million BoP, current US$ | Singapore |
| 2020s | -482.85 million BoP, current US$ | 1.50 billion BoP, current US$ | 1.99 billion BoP, current US$ | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Oman or Singapore?
- Oman, at -1.01 billion BoP, current US$ against -1.11 billion BoP, current US$ in Singapore as of 2024.
- What is the difference in net errors and omissions between Oman and Singapore?
- 102.59 million BoP, current US$, with Oman ahead.
- How many years of comparable data are there for Oman and Singapore?
- 51 years are reported by both, from 1974 to 2024.
- How do Oman and Singapore rank globally for net errors and omissions?
- Oman ranks 159th and Singapore ranks 161st of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.