Net errors and omissions in Ethiopia
Ethiopia: Net errors and omissions 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$, in 2018.
Ethiopia ranks 114th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.78 million BoP, current US$ | 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
- 111 Palau -38.17 million BoP, current US$ compare
- 112 Cape Verde -38.88 million BoP, current US$ compare
- 113 Saint Lucia -41.36 million BoP, current US$ compare
- 115 Sao Tome and Principe -49.27 million BoP, current US$ compare
- 116 Marshall Islands -49.93 million BoP, current US$ compare
- 117 San Marino -53.75 million BoP, current US$ compare
More economy & growth data for Ethiopia
- External balance on goods and services as a percent of GDP -6.9% (2025)
- Inflation of consumer prices 13.2% (2025)
- GDP per capita 945.36 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.2% (2025)
- Gross domestic product (GDP) 128.07 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 945.36 constant 2015 US$ (2025)
- DEC alternative conversion factor 119.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.06 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 8.86 billion current US$ (2025)
- Taxes less subsidies on products 575.80 billion current LCU (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 114th out of 197 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.