Net errors and omissions in Cameroon
Cameroon: Net errors and omissions was 9.06 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Cameroon, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Cameroon is 9.06 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 125.4% on the previous year and up 110.5% over ten years.
Over the whole period, net errors and omissions in Cameroon peaked at 212.96 million BoP, current US$ in 1988 and was at its lowest, -584.64 million BoP, current US$, in 1992.
That places Cameroon 86th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Cameroon, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 409,594 BoP, current US$ | — |
| 1978 | 19.11 million BoP, current US$ | +4566.4% |
| 1979 | 1.29 million BoP, current US$ | -93.2% |
| 1980 | -3.29 million BoP, current US$ | -354.9% |
| 1981 | -789,610 BoP, current US$ | -76.0% |
| 1982 | 964,378 BoP, current US$ | -222.1% |
| 1983 | 2.93 million BoP, current US$ | +203.5% |
| 1984 | -126.24 million BoP, current US$ | -4412.7% |
| 1985 | 110.61 million BoP, current US$ | -187.6% |
| 1986 | -28.36 million BoP, current US$ | -125.6% |
| 1987 | -403.21 million BoP, current US$ | +1321.9% |
| 1988 | 212.96 million BoP, current US$ | -152.8% |
| 1989 | -153.66 million BoP, current US$ | -172.2% |
| 1990 | -79.33 million BoP, current US$ | -48.4% |
| 1991 | -41.79 million BoP, current US$ | -47.3% |
| 1992 | -584.64 million BoP, current US$ | +1298.9% |
| 1993 | -21.86 million BoP, current US$ | -96.3% |
| 1994 | 116.62 million BoP, current US$ | -633.5% |
| 1995 | -170.85 million BoP, current US$ | -246.5% |
| 1996 | 167.44 million BoP, current US$ | -198.0% |
| 1997 | 160.98 million BoP, current US$ | -3.9% |
| 1998 | -128.27 million BoP, current US$ | -179.7% |
| 1999 | 112.45 million BoP, current US$ | -187.7% |
| 2000 | 84.89 million BoP, current US$ | -24.5% |
| 2001 | -162.75 million BoP, current US$ | -291.7% |
| 2002 | -147.42 million BoP, current US$ | -9.4% |
| 2003 | 117.68 million BoP, current US$ | -179.8% |
| 2004 | 64.29 million BoP, current US$ | -45.4% |
| 2005 | -46.35 million BoP, current US$ | -172.1% |
| 2006 | 183.13 million BoP, current US$ | -495.1% |
| 2007 | 180.50 million BoP, current US$ | -1.4% |
| 2008 | 205.09 million BoP, current US$ | +13.6% |
| 2009 | 165.53 million BoP, current US$ | -19.3% |
| 2010 | 183.87 million BoP, current US$ | +11.1% |
| 2011 | -96.95 million BoP, current US$ | -152.7% |
| 2012 | -159.90 million BoP, current US$ | +64.9% |
| 2013 | -147.72 million BoP, current US$ | -7.6% |
| 2014 | -86.05 million BoP, current US$ | -41.8% |
| 2015 | -4.04 million BoP, current US$ | -95.3% |
| 2016 | -13.74 million BoP, current US$ | +240.0% |
| 2017 | -31.53 million BoP, current US$ | +129.4% |
| 2018 | -25.99 million BoP, current US$ | -17.6% |
| 2019 | -12.40 million BoP, current US$ | -52.3% |
| 2020 | 13.94 million BoP, current US$ | -212.5% |
| 2021 | -123.62 million BoP, current US$ | -986.6% |
| 2022 | 25.73 million BoP, current US$ | -120.8% |
| 2023 | -35.65 million BoP, current US$ | -238.6% |
| 2024 | 9.06 million BoP, current US$ | -125.4% |
Cameroon compared with similar countries
- Cameroon's 9.06 million BoP, current US$ is above the median for lower middle income countries, which is 3.83 million BoP, current US$, 2.4× the median. (47 countries reporting)
- Cameroon's 9.06 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -8.15 million BoP, current US$. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Cameroon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +4566.4% | 409,594 BoP, current US$ | 19.11 million BoP, current US$ |
| 1984 | -4412.7% | 2.93 million BoP, current US$ | -126.24 million BoP, current US$ |
| 1987 | -1321.9% | -28.36 million BoP, current US$ | -403.21 million BoP, current US$ |
| 1992 | -1298.9% | -41.79 million BoP, current US$ | -584.64 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.94 million BoP, current US$ | 409,594 BoP, current US$ | 19.11 million BoP, current US$ | 3 |
| 1980s | -38.81 million BoP, current US$ | -403.21 million BoP, current US$ | 212.96 million BoP, current US$ | 10 |
| 1990s | -46.92 million BoP, current US$ | -584.64 million BoP, current US$ | 167.44 million BoP, current US$ | 10 |
| 2000s | 64.46 million BoP, current US$ | -162.75 million BoP, current US$ | 205.09 million BoP, current US$ | 10 |
| 2010s | -39.45 million BoP, current US$ | -159.90 million BoP, current US$ | 183.87 million BoP, current US$ | 10 |
| 2020s | -22.11 million BoP, current US$ | -123.62 million BoP, current US$ | 25.73 million BoP, current US$ | 5 |
Countries ranked near Cameroon
- 83 Solomon Islands 11.60 million BoP, current US$ compare
- 84 Senegal 11.13 million BoP, current US$ compare
- 85 Sint Maarten (Dutch part) 11.07 million BoP, current US$ compare
- 87 Cote d'Ivoire 6.96 million BoP, current US$ compare
- 88 Guinea-Bissau 6.61 million BoP, current US$ compare
- 89 Luxembourg 6.53 million BoP, current US$ compare
More economy & growth data for Cameroon
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.05 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.53 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 63.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.18 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 888.22 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.12 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.5 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 3.68 % change on previous year (2024)
Frequently asked questions
- What is net errors and omissions in Cameroon?
- Net errors and omissions in Cameroon was 9.06 million BoP, current US$ 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 Cameroon?
- The highest recorded value was 212.96 million BoP, current US$ in 1988.
- What is the lowest net errors and omissions recorded in Cameroon?
- The lowest recorded value was -584.64 million BoP, current US$ in 1992.
- How does Cameroon rank for net errors and omissions?
- Cameroon ranks 86th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Cameroon?
- Over the last ten years it is up 110.5%. The long-run trend across the full record is volatile.
- Where does this Cameroon 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.