Solomon Islands vs Vanuatu: Net errors and omissions (BoP, current US$)
Net errors and omissions (BoP, current US$) over time
- Solomon Islands
- Vanuatu
How they compare
Vanuatu currently reports 14.40 million BoP, current US$ against 11.60 million BoP, current US$ in Solomon Islands, a difference of 2.80 million BoP, current US$.
That makes Vanuatu's figure about 1.2 times Solomon Islands's.
The two have swapped places 21 times across 41 shared years of data; in 1982 it was Solomon Islands ahead.
Solomon Islands ranks 84th and Vanuatu ranks 81st of 199 countries.
Across the 5 decades both report, Solomon Islands averaged higher in 4 and Vanuatu in 1.
Head to head by decade
| Decade | Solomon Islands | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -421,984 BoP, current US$ | -5.20 million BoP, current US$ | 4.78 million BoP, current US$ | Solomon Islands |
| 1990s | -2.66 million BoP, current US$ | -14.18 million BoP, current US$ | 11.52 million BoP, current US$ | Solomon Islands |
| 2000s | 16.89 million BoP, current US$ | -8.31 million BoP, current US$ | 25.20 million BoP, current US$ | Solomon Islands |
| 2010s | -3.65 million BoP, current US$ | -40.19 million BoP, current US$ | 36.54 million BoP, current US$ | Solomon Islands |
| 2020s | -11.33 million BoP, current US$ | 9.66 million BoP, current US$ | 20.98 million BoP, current US$ | Vanuatu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Solomon Islands or Vanuatu?
- Vanuatu, at 14.40 million BoP, current US$ against 11.60 million BoP, current US$ in Solomon Islands as of 2022.
- What is the difference in net errors and omissions between Solomon Islands and Vanuatu?
- 2.80 million BoP, current US$, with Vanuatu ahead.
- How many years of comparable data are there for Solomon Islands and Vanuatu?
- 41 years are reported by both, from 1982 to 2022.
- How do Solomon Islands and Vanuatu rank globally for net errors and omissions?
- Solomon Islands ranks 84th and Vanuatu ranks 81st of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.