Net errors and omissions in Chad
Chad: Net errors and omissions was -32.00 million BoP, current US$ in 1994. ◆ Volatile
Net errors and omissions in Chad, 1977–1994
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 1994, net errors and omissions in Chad stood at -32.00 million BoP, current US$.
That represents a change of down 1,495.3% on the previous year and down 345.6% over ten years.
Over the whole period, net errors and omissions in Chad peaked at 15.12 million BoP, current US$ in 1987 and was at its lowest, -83.24 million BoP, current US$, in 1988.
Chad ranks 110th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Chad, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -6.98 million BoP, current US$ | — |
| 1978 | 1.45 million BoP, current US$ | -120.7% |
| 1979 | -2.33 million BoP, current US$ | -260.6% |
| 1980 | -20.81 million BoP, current US$ | +794.3% |
| 1981 | -1.48 million BoP, current US$ | -92.9% |
| 1982 | -8.18 million BoP, current US$ | +454.1% |
| 1983 | -8.32 million BoP, current US$ | +1.7% |
| 1984 | 13.03 million BoP, current US$ | -256.6% |
| 1985 | -6.33 million BoP, current US$ | -148.6% |
| 1986 | 4.22 million BoP, current US$ | -166.6% |
| 1987 | 15.12 million BoP, current US$ | +258.6% |
| 1988 | -83.24 million BoP, current US$ | -650.7% |
| 1989 | 11.98 million BoP, current US$ | -114.4% |
| 1990 | -27.07 million BoP, current US$ | -326.0% |
| 1991 | -12.99 million BoP, current US$ | -52.0% |
| 1992 | 8.61 million BoP, current US$ | -166.3% |
| 1993 | -2.01 million BoP, current US$ | -123.3% |
| 1994 | -32.00 million BoP, current US$ | +1495.3% |
Chad compared with similar countries
- Chad's -32.00 million BoP, current US$ is below the median for low income countries, which is -4.68 million BoP, current US$, 6.8× the median. (23 countries reporting)
- Chad's -32.00 million BoP, current US$ is below the median for Sub-Saharan Africa, which is -8.15 million BoP, current US$, 3.9× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.62 million BoP, current US$ | -6.98 million BoP, current US$ | 1.45 million BoP, current US$ | 3 |
| 1980s | -8.40 million BoP, current US$ | -83.24 million BoP, current US$ | 15.12 million BoP, current US$ | 10 |
| 1990s | -13.09 million BoP, current US$ | -32.00 million BoP, current US$ | 8.61 million BoP, current US$ | 5 |
Countries ranked near Chad
- 107 Sierra Leone -25.03 million BoP, current US$ compare
- 108 Belize -31.22 million BoP, current US$ compare
- 109 Aruba -31.77 million BoP, current US$ compare
- 111 Papua New Guinea -33.44 million BoP, current US$ compare
- 112 French Polynesia -34.59 million BoP, current US$
- 113 Palau -38.17 million BoP, current US$
More economy & growth data for Chad
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -0.2407 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.66 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -2.15 million BoP, current US$ (1999)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0014 BoP, current US$ per US$ of GDP (1999)
- Foreign direct investment, net outflows (BoP, current US$), per capita -0.2611 BoP, current US$ per person (1999)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 11.62 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0512 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 50.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 47.42 % change on previous year (2024)
Frequently asked questions
- What is net errors and omissions in Chad?
- Net errors and omissions in Chad was -32.00 million BoP, current US$ in 1994, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Chad?
- The highest recorded value was 15.12 million BoP, current US$ in 1987.
- What is the lowest net errors and omissions recorded in Chad?
- The lowest recorded value was -83.24 million BoP, current US$ in 1988.
- How does Chad rank for net errors and omissions?
- Chad ranks 110th out of 199 countries with data for 1994.
- Is net errors and omissions rising or falling in Chad?
- Over the last ten years it is down 345.6%. The long-run trend across the full record is volatile.
- Where does this Chad 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.