Net errors and omissions in Canada
Canada: Net errors and omissions was 8.01 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
8.01 billion BoP, current US$
Change on year
up 304.3%
World rank
6th
of 199 countries
All-time high
8.01 billion BoP, current US$
in 2025
All-time low
-5.59 billion BoP, current US$
in 1984
Years of data
66
1960–2025
Net errors and omissions in Canada, 1960–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Canada is 8.01 billion BoP, current US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 304.3% on the previous year and up 223.9% over ten years.
Over the whole period, net errors and omissions in Canada peaked at 8.01 billion BoP, current US$ in 2025 and was at its lowest, -5.59 billion BoP, current US$, in 1984.
That places Canada 6th out of 199 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Canada, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | 102.43 million BoP, current US$ | — |
| 1961 | 193.84 million BoP, current US$ | +89.2% |
| 1962 | -120.47 million BoP, current US$ | -162.1% |
| 1963 | 72.10 million BoP, current US$ | -159.8% |
| 1964 | 140.26 million BoP, current US$ | +94.5% |
| 1965 | -201.86 million BoP, current US$ | -243.9% |
| 1966 | -176.59 million BoP, current US$ | -12.5% |
| 1967 | -425.14 million BoP, current US$ | +140.7% |
| 1968 | -690.78 million BoP, current US$ | +62.5% |
| 1969 | -188.02 million BoP, current US$ | -72.8% |
| 1970 | -181.29 million BoP, current US$ | -3.6% |
| 1971 | -1.29 billion BoP, current US$ | +611.7% |
| 1972 | -1.46 billion BoP, current US$ | +13.0% |
| 1973 | -749.97 million BoP, current US$ | -48.5% |
| 1974 | -888.67 million BoP, current US$ | +18.5% |
| 1975 | -558.38 million BoP, current US$ | -37.2% |
| 1976 | -3.02 billion BoP, current US$ | +441.1% |
| 1977 | -1.40 billion BoP, current US$ | -53.6% |
| 1978 | -2.12 billion BoP, current US$ | +51.2% |
| 1979 | -1.13 billion BoP, current US$ | -46.7% |
| 1980 | 120.53 million BoP, current US$ | -110.7% |
| 1981 | -3.86 billion BoP, current US$ | -3302.2% |
| 1982 | -1.86 billion BoP, current US$ | -51.9% |
| 1983 | -2.76 billion BoP, current US$ | +48.5% |
| 1984 | -5.59 billion BoP, current US$ | +102.7% |
| 1985 | -4.15 billion BoP, current US$ | -25.8% |
| 1986 | -1.18 billion BoP, current US$ | -71.4% |
| 1987 | -2.07 billion BoP, current US$ | +74.6% |
| 1988 | 752.69 million BoP, current US$ | -136.4% |
| 1989 | -1.21 billion BoP, current US$ | -261.3% |
| 1990 | -1.39 billion BoP, current US$ | +14.4% |
| 1991 | 209.69 million BoP, current US$ | -115.1% |
| 1992 | 3.15 billion BoP, current US$ | +1400.0% |
| 1993 | -4.97 billion BoP, current US$ | -257.9% |
| 1994 | 477.27 million BoP, current US$ | -109.6% |
| 1995 | 3.87 billion BoP, current US$ | +710.8% |
| 1996 | 4.31 billion BoP, current US$ | +11.3% |
| 1997 | -1.64 billion BoP, current US$ | -138.2% |
| 1998 | 3.55 billion BoP, current US$ | -315.8% |
| 1999 | 5.32 billion BoP, current US$ | +49.9% |
| 2000 | -4.31 billion BoP, current US$ | -181.0% |
| 2001 | -4.76 billion BoP, current US$ | +10.5% |
| 2002 | -3.11 billion BoP, current US$ | -34.7% |
| 2003 | 1.53 billion BoP, current US$ | -149.2% |
| 2004 | 1.75 billion BoP, current US$ | +14.6% |
| 2005 | -1.34 billion BoP, current US$ | -176.5% |
| 2006 | 2.18 billion BoP, current US$ | -262.6% |
| 2007 | 2.59 billion BoP, current US$ | +18.8% |
| 2008 | -4.23 billion BoP, current US$ | -263.4% |
| 2009 | -647.64 million BoP, current US$ | -84.7% |
| 2010 | -16.17 million BoP, current US$ | -97.5% |
| 2011 | -4.25 billion BoP, current US$ | +26181.9% |
| 2012 | 950.89 million BoP, current US$ | -122.4% |
| 2013 | 1.01 billion BoP, current US$ | +6.6% |
| 2014 | -1.72 billion BoP, current US$ | -270.0% |
| 2015 | 2.47 billion BoP, current US$ | -243.5% |
| 2016 | 1.90 billion BoP, current US$ | -23.3% |
| 2017 | 1.98 billion BoP, current US$ | +4.7% |
| 2018 | 5.26 billion BoP, current US$ | +165.2% |
| 2019 | -3.78 billion BoP, current US$ | -171.7% |
| 2020 | -712.64 million BoP, current US$ | -81.1% |
| 2021 | 4.94 billion BoP, current US$ | -792.8% |
| 2022 | 2.17 billion BoP, current US$ | -56.0% |
| 2023 | 3.40 billion BoP, current US$ | +56.4% |
| 2024 | -3.92 billion BoP, current US$ | -215.3% |
| 2025 | 8.01 billion BoP, current US$ | -304.3% |
Canada compared with similar countries
- Canada's 8.01 billion BoP, current US$ is above the median for high income countries, which is -132.48 million BoP, current US$. (71 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | -26181.9% | -16.17 million BoP, current US$ | -4.25 billion BoP, current US$ |
| 1981 | -3302.2% | 120.53 million BoP, current US$ | -3.86 billion BoP, current US$ |
| 1992 | +1400.0% | 209.69 million BoP, current US$ | 3.15 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -129.42 million BoP, current US$ | -690.78 million BoP, current US$ | 193.84 million BoP, current US$ | 10 |
| 1970s | -1.28 billion BoP, current US$ | -3.02 billion BoP, current US$ | -181.29 million BoP, current US$ | 10 |
| 1980s | -2.18 billion BoP, current US$ | -5.59 billion BoP, current US$ | 752.69 million BoP, current US$ | 10 |
| 1990s | 1.29 billion BoP, current US$ | -4.97 billion BoP, current US$ | 5.32 billion BoP, current US$ | 10 |
| 2000s | -1.03 billion BoP, current US$ | -4.76 billion BoP, current US$ | 2.59 billion BoP, current US$ | 10 |
| 2010s | 381.73 million BoP, current US$ | -4.25 billion BoP, current US$ | 5.26 billion BoP, current US$ | 10 |
| 2020s | 2.31 billion BoP, current US$ | -3.92 billion BoP, current US$ | 8.01 billion BoP, current US$ | 6 |
Countries ranked near Canada
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 57.17 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0246 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,373 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 69.03 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.48 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0298 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,657 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Canada?
- Net errors and omissions in Canada was 8.01 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Canada?
- The highest recorded value was 8.01 billion BoP, current US$ in 2025.
- What is the lowest net errors and omissions recorded in Canada?
- The lowest recorded value was -5.59 billion BoP, current US$ in 1984.
- How does Canada rank for net errors and omissions?
- Canada ranks 6th out of 199 countries with data for 2025.
- Is net errors and omissions rising or falling in Canada?
- Over the last ten years it is up 223.9%. The long-run trend across the full record is volatile.
- Where does this Canada 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.