Singapore vs South Africa: Net errors and omissions
Net errors and omissions over time
- Singapore
- South Africa
How they compare
South Africa currently reports -1.10 billion BoP, current US$ against -1.11 billion BoP, current US$ in Singapore, a difference of 11.68 million BoP, current US$.
The two have swapped places 14 times across 54 shared years of data; in 1972 it was South Africa ahead.
Singapore ranks 162nd and South Africa ranks 161st of 198 countries.
Across the 6 decades both report, Singapore averaged higher in 4 and South Africa in 2.
Head to head by decade
| Decade | Singapore | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 281.03 million BoP, current US$ | 156.48 million BoP, current US$ | 124.54 million BoP, current US$ | Singapore |
| 1980s | 2.58 million BoP, current US$ | 557.23 million BoP, current US$ | 554.65 million BoP, current US$ | South Africa |
| 1990s | 655.99 million BoP, current US$ | -1.11 billion BoP, current US$ | 1.77 billion BoP, current US$ | Singapore |
| 2000s | -1.46 billion BoP, current US$ | 1.05 billion BoP, current US$ | 2.51 billion BoP, current US$ | South Africa |
| 2010s | -326.67 million BoP, current US$ | -827.59 million BoP, current US$ | 500.92 million BoP, current US$ | Singapore |
| 2020s | 1.07 billion BoP, current US$ | -22.85 million BoP, current US$ | 1.09 billion BoP, current US$ | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Singapore or South Africa?
- South Africa, at -1.10 billion BoP, current US$ against -1.11 billion BoP, current US$ in Singapore as of 2025.
- What is the difference in net errors and omissions between Singapore and South Africa?
- 11.68 million BoP, current US$, with South Africa ahead.
- How many years of comparable data are there for Singapore and South Africa?
- 54 years are reported by both, from 1972 to 2025.
- How do Singapore and South Africa rank globally for net errors and omissions?
- Singapore ranks 162nd and South Africa ranks 161st of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.