Net errors and omissions in Algeria
Algeria: Net errors and omissions was -192.96 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Algeria, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Algeria is -192.96 million BoP, current US$, measured in 2024.
That represents a change of down 11.3% on the previous year and up 45.3% over ten years.
Over the whole period, net errors and omissions in Algeria peaked at 2.53 billion BoP, current US$ in 2021 and was at its lowest, -3.38 billion BoP, current US$, in 2008.
That places Algeria 134th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Algeria, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -43.89 million BoP, current US$ | — |
| 1978 | 145.74 million BoP, current US$ | -432.1% |
| 1979 | -408.23 million BoP, current US$ | -380.1% |
| 1980 | 142.02 million BoP, current US$ | -134.8% |
| 1981 | 14.37 million BoP, current US$ | -89.9% |
| 1982 | -87.10 million BoP, current US$ | -706.3% |
| 1983 | 195.25 million BoP, current US$ | -324.2% |
| 1984 | -203.88 million BoP, current US$ | -204.4% |
| 1985 | 138.83 million BoP, current US$ | -168.1% |
| 1986 | 182.04 million BoP, current US$ | +31.1% |
| 1987 | -802.52 million BoP, current US$ | -540.9% |
| 1988 | 301.79 million BoP, current US$ | -137.6% |
| 1989 | -455.28 million BoP, current US$ | -250.9% |
| 1990 | -336.03 million BoP, current US$ | -26.2% |
| 1991 | -337.52 million BoP, current US$ | +0.4% |
| 2005 | -203.00 million BoP, current US$ | -39.9% |
| 2006 | -1.96 billion BoP, current US$ | +866.5% |
| 2007 | -1.30 billion BoP, current US$ | -33.7% |
| 2008 | -3.38 billion BoP, current US$ | +159.7% |
| 2009 | -2.13 billion BoP, current US$ | -37.0% |
| 2010 | -1.30 billion BoP, current US$ | -38.8% |
| 2011 | -80.42 million BoP, current US$ | -93.8% |
| 2012 | -2.39 billion BoP, current US$ | +2871.9% |
| 2013 | -798.50 million BoP, current US$ | -66.6% |
| 2014 | -353.04 million BoP, current US$ | -55.8% |
| 2015 | -161.67 million BoP, current US$ | -54.2% |
| 2016 | 267.09 million BoP, current US$ | -265.2% |
| 2017 | -21.87 million BoP, current US$ | -108.2% |
| 2018 | 285.52 million BoP, current US$ | -1405.5% |
| 2019 | -78.25 million BoP, current US$ | -127.4% |
| 2020 | -678.05 million BoP, current US$ | +766.6% |
| 2021 | 2.53 billion BoP, current US$ | -473.3% |
| 2022 | -44.55 million BoP, current US$ | -101.8% |
| 2023 | -173.42 million BoP, current US$ | +289.3% |
| 2024 | -192.96 million BoP, current US$ | +11.3% |
Algeria compared with similar countries
- Algeria's -192.96 million BoP, current US$ is below the median for upper middle income countries, which is 2.76 million BoP, current US$. (57 countries reporting)
- Algeria's -192.96 million BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 490.89 million BoP, current US$. (22 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Algeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | -2871.9% | -80.42 million BoP, current US$ | -2.39 billion BoP, current US$ |
| 2018 | +1405.5% | -21.87 million BoP, current US$ | 285.52 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -102.12 million BoP, current US$ | -408.23 million BoP, current US$ | 145.74 million BoP, current US$ | 3 |
| 1980s | -57.45 million BoP, current US$ | -802.52 million BoP, current US$ | 301.79 million BoP, current US$ | 10 |
| 1990s | -336.78 million BoP, current US$ | -337.52 million BoP, current US$ | -336.03 million BoP, current US$ | 2 |
| 2000s | -1.79 billion BoP, current US$ | -3.38 billion BoP, current US$ | -203.00 million BoP, current US$ | 5 |
| 2010s | -463.36 million BoP, current US$ | -2.39 billion BoP, current US$ | 285.52 million BoP, current US$ | 10 |
| 2020s | 288.42 million BoP, current US$ | -678.05 million BoP, current US$ | 2.53 billion BoP, current US$ | 5 |
Countries ranked near Algeria
- 131 Malta -165.29 million BoP, current US$ compare
- 132 Iceland -167.65 million BoP, current US$ compare
- 133 Paraguay -185.75 million BoP, current US$ compare
- 135 New Caledonia -193.68 million BoP, current US$ compare
- 136 Italy -200.60 million BoP, current US$ compare
- 137 Botswana -211.98 million BoP, current US$ compare
More economy & growth data for Algeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9727 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 264,865 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0057 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.23 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 0.9906 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0046 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.2 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -12.66 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Algeria?
- Net errors and omissions in Algeria was -192.96 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Algeria?
- The highest recorded value was 2.53 billion BoP, current US$ in 2021.
- What is the lowest net errors and omissions recorded in Algeria?
- The lowest recorded value was -3.38 billion BoP, current US$ in 2008.
- How does Algeria rank for net errors and omissions?
- Algeria ranks 134th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Algeria?
- Over the last ten years it is up 45.3%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net errors and omissions (BoP, current US$). Statizoid updates them automatically from the source API.
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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.