Net errors and omissions in Eritrea
Eritrea: Net errors and omissions was -22.87 million BoP, current US$ in 2000. ◆ Volatile
Net errors and omissions in Eritrea, 1992–2000
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Eritrea is -22.87 million BoP, current US$, measured in 2000.
The figure is down 278.8% on the previous year and up 54.6% over ten years.
Over the whole period, net errors and omissions in Eritrea peaked at 31.67 million BoP, current US$ in 1993 and was at its lowest, -139.37 million BoP, current US$, in 1997.
Eritrea ranks 104th of 197 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -47.27 million BoP, current US$ | -139.37 million BoP, current US$ | 31.67 million BoP, current US$ | 8 |
| 2000s | -22.87 million BoP, current US$ | -22.87 million BoP, current US$ | -22.87 million BoP, current US$ | 1 |
Countries ranked near Eritrea
- 101 Antigua and Barbuda -19.23 million BoP, current US$ compare
- 102 Seychelles -19.83 million BoP, current US$ compare
- 103 Tonga -22.70 million BoP, current US$ compare
- 105 Sierra Leone -25.03 million BoP, current US$ compare
- 106 Belize -31.22 million BoP, current US$ compare
- 107 Aruba -31.77 million BoP, current US$ compare
More economy & growth data for Eritrea
- External balance on goods and services as a percent of GDP -11.1% (2011)
- GDP per capita 751.38 constant 2015 US$ (2011)
- Share of manufacturing in gross domestic product (GDP) 5.5% (2009)
- Gross domestic product (GDP) 2.25 billion constant 2015 US$ (2011)
- GDP per capita in international and market dollars 751.38 constant 2015 US$ (2011)
- DEC alternative conversion factor 15.07 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.43 billion current LCU (2009)
- Net secondary income (Net current transfers from abroad) 353.00 million current US$ (2009)
- Taxes less subsidies on products 795.00 million current LCU (2009)
- Taxes less subsidies on products 51.71 million current US$ (2009)
Frequently asked questions
- What is net errors and omissions in Eritrea?
- Net errors and omissions in Eritrea was -22.87 million BoP, current US$ in 2000, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Eritrea?
- The highest recorded value was 31.67 million BoP, current US$ in 1993.
- What is the lowest net errors and omissions recorded in Eritrea?
- The lowest recorded value was -139.37 million BoP, current US$ in 1997.
- How does Eritrea rank for net errors and omissions?
- Eritrea ranks 104th out of 197 countries with data for 2000.
- Is net errors and omissions rising or falling in Eritrea?
- Over the last ten years it is up 54.6%. The long-run trend across the full record is volatile.
- Where does this Eritrea 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.