Net errors and omissions in Congo
Congo: Net errors and omissions was -383.56 million BoP, current US$ in 2021. ◆ Volatile
Net errors and omissions in Congo, 1978–2021
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Congo is -383.56 million BoP, current US$, measured in 2021.
That represents a change of down 487.9% on the previous year and down 3.5% over ten years.
Over the whole period, net errors and omissions in Congo peaked at 3.11 billion BoP, current US$ in 2016 and was at its lowest, -403.40 million BoP, current US$, in 2012.
Congo ranks 145th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.43 million BoP, current US$ | -1.29 million BoP, current US$ | 30.14 million BoP, current US$ | 2 |
| 1980s | 50.81 million BoP, current US$ | 9.09 million BoP, current US$ | 173.09 million BoP, current US$ | 10 |
| 1990s | 12.34 million BoP, current US$ | -91.19 million BoP, current US$ | 243.32 million BoP, current US$ | 10 |
| 2000s | 258.94 million BoP, current US$ | -220.47 million BoP, current US$ | 1.56 billion BoP, current US$ | 10 |
| 2010s | 264.80 million BoP, current US$ | -403.40 million BoP, current US$ | 3.11 billion BoP, current US$ | 8 |
| 2020s | -224.40 million BoP, current US$ | -383.56 million BoP, current US$ | -65.24 million BoP, current US$ | 2 |
Countries ranked near Congo
- 142 Philippines -346.43 million BoP, current US$ compare
- 143 Malaysia -347.42 million BoP, current US$ compare
- 144 Bermuda -370.23 million BoP, current US$ compare
- 146 Mongolia -393.23 million BoP, current US$ compare
- 147 Finland -408.69 million BoP, current US$ compare
- 148 New Zealand -416.44 million BoP, current US$ compare
More economy & growth data for Congo
- External balance on goods and services as a percent of GDP 4.4% (2025)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 1,683 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 12.9% (2020)
- Gross domestic product (GDP) 10.91 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,683 constant 2015 US$ (2025)
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 172.96 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 297.23 million current US$ (2025)
- Taxes less subsidies on products 512.42 billion current LCU (2025)
Frequently asked questions
- What is net errors and omissions in Congo?
- Net errors and omissions in Congo was -383.56 million BoP, current US$ in 2021, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Congo?
- The highest recorded value was 3.11 billion BoP, current US$ in 2016.
- What is the lowest net errors and omissions recorded in Congo?
- The lowest recorded value was -403.40 million BoP, current US$ in 2012.
- How does Congo rank for net errors and omissions?
- Congo ranks 145th out of 197 countries with data for 2021.
- Is net errors and omissions rising or falling in Congo?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is volatile.
- Where does this Congo 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.