Net errors and omissions in Denmark
Denmark: Net errors and omissions was -15.21 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-15.21 billion BoP, current US$
Change on year
down 45.9%
World rank
194th
of 199 countries
All-time high
11.64 billion BoP, current US$
in 2004
All-time low
-21.90 billion BoP, current US$
in 2010
Years of data
50
1975–2024
Net errors and omissions in Denmark, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Denmark is -15.21 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is down 45.9% on the previous year and down 757.4% over ten years.
Over the whole period, net errors and omissions in Denmark peaked at 11.64 billion BoP, current US$ in 2004 and was at its lowest, -21.90 billion BoP, current US$, in 2010.
Denmark ranks 194th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Denmark, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | -103.61 million BoP, current US$ | — |
| 1976 | 113.79 million BoP, current US$ | -209.8% |
| 1977 | -53.64 million BoP, current US$ | -147.1% |
| 1978 | 98.71 million BoP, current US$ | -284.0% |
| 1979 | -228.31 million BoP, current US$ | -331.3% |
| 1980 | -13.76 million BoP, current US$ | -94.0% |
| 1981 | -273.54 million BoP, current US$ | +1888.7% |
| 1982 | -489.21 million BoP, current US$ | +78.8% |
| 1983 | -113.82 million BoP, current US$ | -76.7% |
| 1984 | -396.10 million BoP, current US$ | +248.0% |
| 1985 | -303.80 million BoP, current US$ | -23.3% |
| 1986 | -287.16 million BoP, current US$ | -5.5% |
| 1987 | -1.02 million BoP, current US$ | -99.6% |
| 1988 | -525.09 million BoP, current US$ | +51297.2% |
| 1989 | -346.81 million BoP, current US$ | -34.0% |
| 1990 | -2.41 billion BoP, current US$ | +594.0% |
| 1991 | -2.18 billion BoP, current US$ | -9.5% |
| 1992 | -561.83 million BoP, current US$ | -74.2% |
| 1993 | 1.15 billion BoP, current US$ | -305.2% |
| 1994 | 606.53 million BoP, current US$ | -47.4% |
| 1995 | 1.08 billion BoP, current US$ | +78.4% |
| 1996 | -1.41 billion BoP, current US$ | -230.2% |
| 1997 | -3.01 billion BoP, current US$ | +113.7% |
| 1998 | -846.65 million BoP, current US$ | -71.9% |
| 1999 | -973.15 million BoP, current US$ | +14.9% |
| 2000 | -4.46 billion BoP, current US$ | +357.8% |
| 2001 | 4.17 billion BoP, current US$ | -193.5% |
| 2002 | -1.90 billion BoP, current US$ | -145.5% |
| 2003 | 2.84 billion BoP, current US$ | -249.8% |
| 2004 | 11.64 billion BoP, current US$ | +309.7% |
| 2005 | -2.42 billion BoP, current US$ | -120.8% |
| 2006 | -7.29 billion BoP, current US$ | +200.8% |
| 2007 | -1.04 billion BoP, current US$ | -85.7% |
| 2008 | -13.56 billion BoP, current US$ | +1198.5% |
| 2009 | -4.15 billion BoP, current US$ | -69.4% |
| 2010 | -21.90 billion BoP, current US$ | +428.3% |
| 2011 | -4.17 billion BoP, current US$ | -80.9% |
| 2012 | -2.58 billion BoP, current US$ | -38.1% |
| 2013 | -11.99 billion BoP, current US$ | +364.0% |
| 2014 | -1.77 billion BoP, current US$ | -85.2% |
| 2015 | -5.28 billion BoP, current US$ | +197.6% |
| 2016 | -6.56 billion BoP, current US$ | +24.2% |
| 2017 | 224.92 million BoP, current US$ | -103.4% |
| 2018 | -5.96 billion BoP, current US$ | -2748.7% |
| 2019 | -2.79 billion BoP, current US$ | -53.2% |
| 2020 | -4.44 billion BoP, current US$ | +59.4% |
| 2021 | 8.87 billion BoP, current US$ | -299.7% |
| 2022 | 189.42 million BoP, current US$ | -97.9% |
| 2023 | -10.43 billion BoP, current US$ | -5604.1% |
| 2024 | -15.21 billion BoP, current US$ | +45.9% |
Denmark compared with similar countries
- Denmark's -15.21 billion BoP, current US$ is below the median for high income countries, which is -132.48 million BoP, current US$, 114.8× the median. (71 countries reporting)
- Denmark's -15.21 billion BoP, current US$ is below the median for Europe & Central Asia, which is 27.46 million BoP, current US$. (50 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Denmark changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | -51297.2% | -1.02 million BoP, current US$ | -525.09 million BoP, current US$ |
| 2023 | -5604.1% | 189.42 million BoP, current US$ | -10.43 billion BoP, current US$ |
| 2018 | -2748.7% | 224.92 million BoP, current US$ | -5.96 billion BoP, current US$ |
| 1981 | -1888.7% | -13.76 million BoP, current US$ | -273.54 million BoP, current US$ |
| 2008 | -1198.5% | -1.04 billion BoP, current US$ | -13.56 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -34.61 million BoP, current US$ | -228.31 million BoP, current US$ | 113.79 million BoP, current US$ | 5 |
| 1980s | -275.03 million BoP, current US$ | -525.09 million BoP, current US$ | -1.02 million BoP, current US$ | 10 |
| 1990s | -854.34 million BoP, current US$ | -3.01 billion BoP, current US$ | 1.15 billion BoP, current US$ | 10 |
| 2000s | -1.62 billion BoP, current US$ | -13.56 billion BoP, current US$ | 11.64 billion BoP, current US$ | 10 |
| 2010s | -6.28 billion BoP, current US$ | -21.90 billion BoP, current US$ | 224.92 million BoP, current US$ | 10 |
| 2020s | -4.20 billion BoP, current US$ | -15.21 billion BoP, current US$ | 8.87 billion BoP, current US$ | 5 |
Countries ranked near Denmark
- 191 Russia -12.33 billion BoP, current US$ compare
- 192 Japan -13.57 billion BoP, current US$ compare
- 193 Saudi Arabia -14.58 billion BoP, current US$ compare
- 195 Nigeria -15.73 billion BoP, current US$ compare
- 196 France -24.81 billion BoP, current US$ compare
- 197 Vietnam -31.31 billion BoP, current US$ compare
More economy & growth data for Denmark
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9574 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 30.70 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0723 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5,136 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 18.24 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 121.54 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3,052 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.85 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Denmark?
- Net errors and omissions in Denmark was -15.21 billion BoP, current US$ 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 Denmark?
- The highest recorded value was 11.64 billion BoP, current US$ in 2004.
- What is the lowest net errors and omissions recorded in Denmark?
- The lowest recorded value was -21.90 billion BoP, current US$ in 2010.
- How does Denmark rank for net errors and omissions?
- Denmark ranks 194th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Denmark?
- Over the last ten years it is down 757.4%. The long-run trend across the full record is volatile.
- Where does this Denmark 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.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.