Net errors and omissions (BoP, current US$) in Bahamas
Bahamas: Net errors and omissions (BoP, current US$) was 147.90 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bahamas recorded 147.90 million BoP, current US$ for net errors and omissions in 2024.
The figure is up 183.8% on the previous year and down 64.3% over ten years.
Over the whole period, net errors and omissions in Bahamas peaked at 936.84 million BoP, current US$ in 2021 and was at its lowest, -286.34 million BoP, current US$, in 2010.
Bahamas ranks 62nd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$) in Bahamas, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | -71.60 million BoP, current US$ | — |
| 1977 | -60.20 million BoP, current US$ | -15.9% |
| 1978 | 13.40 million BoP, current US$ | -122.3% |
| 1979 | 82.00 million BoP, current US$ | +511.9% |
| 1980 | 69.20 million BoP, current US$ | -15.6% |
| 1981 | -17.60 million BoP, current US$ | -125.4% |
| 1982 | 46.10 million BoP, current US$ | -361.9% |
| 1983 | 111.20 million BoP, current US$ | +141.2% |
| 1984 | 173.00 million BoP, current US$ | +55.6% |
| 1985 | 32.80 million BoP, current US$ | -81.0% |
| 1986 | -80.11 million BoP, current US$ | -344.2% |
| 1987 | 9.90 million BoP, current US$ | -112.4% |
| 1988 | -5.20 million BoP, current US$ | -152.5% |
| 1989 | -30.60 million BoP, current US$ | +488.5% |
| 1990 | -17.60 million BoP, current US$ | -42.5% |
| 1991 | 19.00 million BoP, current US$ | -208.0% |
| 1992 | -58.60 million BoP, current US$ | -408.4% |
| 1993 | -39.96 million BoP, current US$ | -31.8% |
| 1994 | -15.50 million BoP, current US$ | -61.2% |
| 1995 | 38.40 million BoP, current US$ | -347.7% |
| 1996 | 74.60 million BoP, current US$ | +94.3% |
| 1997 | 116.60 million BoP, current US$ | +56.3% |
| 1998 | 296.90 million BoP, current US$ | +154.6% |
| 1999 | -226.50 million BoP, current US$ | -176.3% |
| 2000 | 141.53 million BoP, current US$ | -162.5% |
| 2001 | 349.16 million BoP, current US$ | +146.7% |
| 2002 | 79.04 million BoP, current US$ | -77.4% |
| 2003 | 48.92 million BoP, current US$ | -38.1% |
| 2004 | 132.30 million BoP, current US$ | +170.4% |
| 2005 | -210.35 million BoP, current US$ | -259.0% |
| 2006 | 44.50 million BoP, current US$ | -121.2% |
| 2007 | 238.69 million BoP, current US$ | +436.4% |
| 2008 | 107.58 million BoP, current US$ | -54.9% |
| 2009 | -59.78 million BoP, current US$ | -155.6% |
| 2010 | -286.34 million BoP, current US$ | +379.0% |
| 2011 | 235.58 million BoP, current US$ | -182.3% |
| 2012 | 116.49 million BoP, current US$ | -50.6% |
| 2013 | 444.50 million BoP, current US$ | +281.6% |
| 2014 | 414.62 million BoP, current US$ | -6.7% |
| 2015 | 852.07 million BoP, current US$ | +105.5% |
| 2016 | 10.51 million BoP, current US$ | -98.8% |
| 2017 | 489.32 million BoP, current US$ | +4556.6% |
| 2018 | 263.58 million BoP, current US$ | -46.1% |
| 2019 | -187.74 million BoP, current US$ | -171.2% |
| 2020 | -57.77 million BoP, current US$ | -69.2% |
| 2021 | 936.84 million BoP, current US$ | -1721.7% |
| 2022 | 9.39 million BoP, current US$ | -99.0% |
| 2023 | -176.40 million BoP, current US$ | -1979.1% |
| 2024 | 147.90 million BoP, current US$ | -183.8% |
Bahamas compared with similar countries
- Bahamas's 147.90 million BoP, current US$ is above the median for high income countries, which is -132.48 million BoP, current US$. (71 countries reporting)
- Bahamas's 147.90 million BoP, current US$ is above the median for Latin America & Caribbean, which is -31.22 million BoP, current US$. (37 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$) in Bahamas 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 |
|---|---|---|---|
| 2017 | +4556.6% | 10.51 million BoP, current US$ | 489.32 million BoP, current US$ |
| 2023 | -1979.1% | 9.39 million BoP, current US$ | -176.40 million BoP, current US$ |
| 2021 | +1721.7% | -57.77 million BoP, current US$ | 936.84 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -9.10 million BoP, current US$ | -71.60 million BoP, current US$ | 82.00 million BoP, current US$ | 4 |
| 1980s | 30.87 million BoP, current US$ | -80.11 million BoP, current US$ | 173.00 million BoP, current US$ | 10 |
| 1990s | 18.73 million BoP, current US$ | -226.50 million BoP, current US$ | 296.90 million BoP, current US$ | 10 |
| 2000s | 87.16 million BoP, current US$ | -210.35 million BoP, current US$ | 349.16 million BoP, current US$ | 10 |
| 2010s | 235.26 million BoP, current US$ | -286.34 million BoP, current US$ | 852.07 million BoP, current US$ | 10 |
| 2020s | 171.99 million BoP, current US$ | -176.40 million BoP, current US$ | 936.84 million BoP, current US$ | 5 |
Countries ranked near Bahamas
- 59 Albania 241.46 million BoP, current US$ compare
- 60 Costa Rica 190.65 million BoP, current US$ compare
- 61 Rwanda 178.66 million BoP, current US$ compare
- 63 Mauritania 143.75 million BoP, current US$ compare
- 64 Bolivia 140.32 million BoP, current US$ compare
- 65 Estonia 131.44 million BoP, current US$ compare
More economy & growth data for Bahamas
- Real gdp growth, annual growth rate 10.82 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Bahamas?
- Net errors and omissions in Bahamas was 147.90 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 Bahamas?
- The highest recorded value was 936.84 million BoP, current US$ in 2021.
- What is the lowest net errors and omissions recorded in Bahamas?
- The lowest recorded value was -286.34 million BoP, current US$ in 2010.
- How does Bahamas rank for net errors and omissions?
- Bahamas ranks 62nd out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Bahamas?
- Over the last ten years it is down 64.3%. The long-run trend across the full record is volatile.
- Where does this Bahamas 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.