Net errors and omissions (BoP, current US$) in Ethiopia
Ethiopia: Net errors and omissions (BoP, current US$) was -48.85 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Ethiopia is -48.85 million BoP, current US$, measured in 2024.
The figure is up 75.1% on the previous year and up 98.0% over ten years.
Over the whole period, net errors and omissions in Ethiopia peaked at 2.00 billion BoP, current US$ in 2012 and was at its lowest, -3.99 billion BoP, current US$, in 2018.
Ethiopia ranks 117th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$) in Ethiopia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 1.84 million BoP, current US$ | — |
| 1978 | 28.26 million BoP, current US$ | +1439.5% |
| 1979 | 20.24 million BoP, current US$ | -28.4% |
| 1980 | -39.37 million BoP, current US$ | -294.5% |
| 1981 | 74.06 million BoP, current US$ | -288.1% |
| 1982 | 33.28 million BoP, current US$ | -55.1% |
| 1983 | -46.33 million BoP, current US$ | -239.2% |
| 1984 | -149.52 million BoP, current US$ | +222.7% |
| 1985 | -186.67 million BoP, current US$ | +24.8% |
| 1986 | 201.45 million BoP, current US$ | -207.9% |
| 1987 | -183.24 million BoP, current US$ | -191.0% |
| 1988 | -94.44 million BoP, current US$ | -48.5% |
| 1989 | -34.78 million BoP, current US$ | -63.2% |
| 1990 | -136.96 million BoP, current US$ | +293.8% |
| 1991 | -254.94 million BoP, current US$ | +86.1% |
| 1992 | -80.86 million BoP, current US$ | -68.3% |
| 1993 | -15.24 million BoP, current US$ | -81.2% |
| 1994 | 68.03 million BoP, current US$ | -546.4% |
| 1995 | -121.69 million BoP, current US$ | -278.9% |
| 1996 | -45.33 million BoP, current US$ | -62.7% |
| 1997 | -627.98 million BoP, current US$ | +1285.3% |
| 1998 | -7.76 million BoP, current US$ | -98.8% |
| 1999 | 406.03 million BoP, current US$ | -5333.6% |
| 2000 | -234.94 million BoP, current US$ | -157.9% |
| 2001 | -197.43 million BoP, current US$ | -16.0% |
| 2002 | -889.57 million BoP, current US$ | +350.6% |
| 2003 | -392.11 million BoP, current US$ | -55.9% |
| 2004 | -324.16 million BoP, current US$ | -17.3% |
| 2005 | 478.39 million BoP, current US$ | -247.6% |
| 2006 | 998.22 million BoP, current US$ | +108.7% |
| 2007 | -157.71 million BoP, current US$ | -115.8% |
| 2008 | 1.45 billion BoP, current US$ | -1019.4% |
| 2009 | -501.45 million BoP, current US$ | -134.6% |
| 2010 | -2.77 billion BoP, current US$ | +452.7% |
| 2011 | -1.32 billion BoP, current US$ | -52.4% |
| 2012 | 2.00 billion BoP, current US$ | -251.9% |
| 2013 | -302.31 million BoP, current US$ | -115.1% |
| 2014 | -2.47 billion BoP, current US$ | +718.6% |
| 2015 | -29.96 million BoP, current US$ | -98.8% |
| 2016 | 1.24 billion BoP, current US$ | -4232.0% |
| 2017 | -1.88 billion BoP, current US$ | -252.0% |
| 2018 | -3.99 billion BoP, current US$ | +112.2% |
| 2019 | 480.68 million BoP, current US$ | -112.0% |
| 2020 | -2.96 billion BoP, current US$ | -715.5% |
| 2021 | -175.34 million BoP, current US$ | -94.1% |
| 2022 | 1.68 billion BoP, current US$ | -1060.4% |
| 2023 | -196.29 million BoP, current US$ | -111.7% |
| 2024 | -48.85 million BoP, current US$ | -75.1% |
Ethiopia compared with similar countries
- Ethiopia's -48.85 million BoP, current US$ is below the median for low income countries, which is -8.15 million BoP, current US$, 6.0× the median. (23 countries reporting)
- Ethiopia's -48.85 million BoP, current US$ is below the median for Sub-Saharan Africa, which is -2.34 million BoP, current US$, 20.9× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$) in Ethiopia 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 |
|---|---|---|---|
| 1999 | +5333.6% | -7.76 million BoP, current US$ | 406.03 million BoP, current US$ |
| 2016 | +4232.0% | -29.96 million BoP, current US$ | 1.24 billion BoP, current US$ |
| 1978 | +1439.5% | 1.84 million BoP, current US$ | 28.26 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.78 million BoP, current US$ | 1.84 million BoP, current US$ | 28.26 million BoP, current US$ | 3 |
| 1980s | -42.56 million BoP, current US$ | -186.67 million BoP, current US$ | 201.45 million BoP, current US$ | 10 |
| 1990s | -81.67 million BoP, current US$ | -627.98 million BoP, current US$ | 406.03 million BoP, current US$ | 10 |
| 2000s | 22.92 million BoP, current US$ | -889.57 million BoP, current US$ | 1.45 billion BoP, current US$ | 10 |
| 2010s | -904.98 million BoP, current US$ | -3.99 billion BoP, current US$ | 2.00 billion BoP, current US$ | 10 |
| 2020s | -339.00 million BoP, current US$ | -2.96 billion BoP, current US$ | 1.68 billion BoP, current US$ | 5 |
Countries ranked near Ethiopia
- 114 Bosnia and Herzegovina -36.30 million BoP, current US$ compare
- 115 Palau -38.17 million BoP, current US$ compare
- 116 Saint Lucia -41.36 million BoP, current US$ compare
- 118 Cape Verde -49.76 million BoP, current US$ compare
- 119 Marshall Islands -49.93 million BoP, current US$ compare
- 120 Turks and Caicos Islands -65.78 million BoP, current US$ compare
More economy & growth data for Ethiopia
- Real gdp growth, annual growth rate 13.66 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 4.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0318 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.4608 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0232 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -16.34 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 3.57 units per person (2025)
Frequently asked questions
- What is net errors and omissions in Ethiopia?
- Net errors and omissions in Ethiopia was -48.85 million 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 Ethiopia?
- The highest recorded value was 2.00 billion BoP, current US$ in 2012.
- What is the lowest net errors and omissions recorded in Ethiopia?
- The lowest recorded value was -3.99 billion BoP, current US$ in 2018.
- How does Ethiopia rank for net errors and omissions?
- Ethiopia ranks 117th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Ethiopia?
- Over the last ten years it is up 98.0%. The long-run trend across the full record is volatile.
- Where does this Ethiopia 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.