Net errors and omissions in Burkina Faso
Burkina Faso: Net errors and omissions was -8.15 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Burkina Faso, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net errors and omissions in Burkina Faso stood at -8.15 million BoP, current US$.
Compared with earlier readings it is down 12.4% on the previous year and down 5.9% over ten years.
Over the whole period, net errors and omissions in Burkina Faso peaked at 33.06 million BoP, current US$ in 2009 and was at its lowest, -42.22 million BoP, current US$, in 2021.
Burkina Faso ranks 100th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.11 million BoP, current US$ | -9.05 million BoP, current US$ | 33.06 million BoP, current US$ | 5 |
| 2010s | -1.50 million BoP, current US$ | -9.07 million BoP, current US$ | 22.33 million BoP, current US$ | 10 |
| 2020s | -20.91 million BoP, current US$ | -42.22 million BoP, current US$ | -7.25 million BoP, current US$ | 5 |
Countries ranked near Burkina Faso
- 97 Eswatini -4.69 million BoP, current US$ compare
- 98 Kiribati -4.71 million BoP, current US$ compare
- 99 Micronesia (country) -5.84 million BoP, current US$ compare
- 101 Antigua and Barbuda -19.23 million BoP, current US$ compare
- 102 Seychelles -19.83 million BoP, current US$ compare
- 103 Tonga -22.70 million BoP, current US$ compare
More economy & growth data for Burkina Faso
- External balance on goods and services as a percent of gdp 4.98 (2025)
- Inflation of consumer prices -0.5862 (2025)
- Gdp per capita worldbank constant usd 786.97 (2025)
- Manufacturing value added to gdp 6.62 (2025)
- Gdp worldbank constant usd 18.95 billion (2025)
- Gdp per capita in international and market dollars 786.97 (2025)
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 460.81 billion current LCU (2022)
- Net secondary income (Net current transfers from abroad) 738.76 million current US$ (2022)
- Taxes less subsidies on products 1.36 trillion current LCU (2025)
Frequently asked questions
- What is net errors and omissions in Burkina Faso?
- Net errors and omissions in Burkina Faso was -8.15 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 Burkina Faso?
- The highest recorded value was 33.06 million BoP, current US$ in 2009.
- What is the lowest net errors and omissions recorded in Burkina Faso?
- The lowest recorded value was -42.22 million BoP, current US$ in 2021.
- How does Burkina Faso rank for net errors and omissions?
- Burkina Faso ranks 100th out of 197 countries with data for 2024.
- Is net errors and omissions rising or falling in Burkina Faso?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso 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.