Net errors and omissions in Barbados
Barbados: Net errors and omissions was -132.48 million BoP, current US$ in 2017. ◆ Volatile
Net errors and omissions in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Barbados is -132.48 million BoP, current US$, measured in 2017.
That represents a change of down 430.8% on the previous year and down 30.8% over ten years.
Over the whole period, net errors and omissions in Barbados peaked at 185.21 million BoP, current US$ in 2008 and was at its lowest, -322.51 million BoP, current US$, in 2010.
Barbados ranks 125th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.82 million BoP, current US$ | 11.28 million BoP, current US$ | 38.28 million BoP, current US$ | 3 |
| 1970s | 28.90 million BoP, current US$ | -551,500 BoP, current US$ | 63.69 million BoP, current US$ | 10 |
| 1980s | -11.18 million BoP, current US$ | -116.03 million BoP, current US$ | 54.84 million BoP, current US$ | 10 |
| 1990s | 15.92 million BoP, current US$ | -54.42 million BoP, current US$ | 118.73 million BoP, current US$ | 10 |
| 2000s | 68.15 million BoP, current US$ | -101.27 million BoP, current US$ | 185.21 million BoP, current US$ | 10 |
| 2010s | -123.77 million BoP, current US$ | -322.51 million BoP, current US$ | 64.05 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 122 Namibia -80.84 million BoP, current US$ compare
- 123 South Sudan -92.80 million BoP, current US$ compare
- 124 Samoa -104.12 million BoP, current US$ compare
- 126 Lesotho -148.77 million BoP, current US$ compare
- 127 Cayman Islands -152.97 million BoP, current US$ compare
- 128 Ghana -162.81 million BoP, current US$ compare
More economy & growth data for Barbados
- Inflation of consumer prices 0.8% (2025)
- GDP per capita 23,014 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.9% (2024)
- Gross domestic product (GDP) 6.50 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 23,014 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 181.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 90.50 million current US$ (2025)
- Taxes less subsidies on products 1.67 billion current LCU (2025)
- Taxes less subsidies on products 833.40 million current US$ (2025)
Frequently asked questions
- What is net errors and omissions in Barbados?
- Net errors and omissions in Barbados was -132.48 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Barbados?
- The highest recorded value was 185.21 million BoP, current US$ in 2008.
- What is the lowest net errors and omissions recorded in Barbados?
- The lowest recorded value was -322.51 million BoP, current US$ in 2010.
- How does Barbados rank for net errors and omissions?
- Barbados ranks 125th out of 197 countries with data for 2017.
- Is net errors and omissions rising or falling in Barbados?
- Over the last ten years it is down 30.8%. The long-run trend across the full record is volatile.
- Where does this Barbados 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.