Net errors and omissions in Guatemala
Guatemala: Net errors and omissions was -332.97 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Guatemala, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Guatemala recorded -332.97 million BoP, current US$ for net errors and omissions in 2024.
Compared with earlier readings it is up 13.0% on the previous year and down 357.7% over ten years.
Over the whole period, net errors and omissions in Guatemala peaked at 835.60 million BoP, current US$ in 2004 and was at its lowest, -733.08 million BoP, current US$, in 2020.
That places Guatemala 142nd out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Guatemala, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -26.50 million BoP, current US$ | — |
| 1978 | -57.40 million BoP, current US$ | +116.6% |
| 1979 | -43.70 million BoP, current US$ | -23.9% |
| 1980 | -19.20 million BoP, current US$ | -56.1% |
| 1981 | 1.20 million BoP, current US$ | -106.2% |
| 1982 | -18.40 million BoP, current US$ | -1633.3% |
| 1983 | -37.40 million BoP, current US$ | +103.3% |
| 1984 | 15.60 million BoP, current US$ | -141.7% |
| 1985 | 43.50 million BoP, current US$ | +178.8% |
| 1986 | 67.40 million BoP, current US$ | +54.9% |
| 1987 | -72.67 million BoP, current US$ | -207.8% |
| 1988 | 17.30 million BoP, current US$ | -123.8% |
| 1989 | 63.51 million BoP, current US$ | +267.1% |
| 1990 | 27.17 million BoP, current US$ | -57.2% |
| 1991 | 82.60 million BoP, current US$ | +204.0% |
| 1992 | 67.70 million BoP, current US$ | -18.0% |
| 1993 | 85.30 million BoP, current US$ | +26.0% |
| 1994 | -22.60 million BoP, current US$ | -126.5% |
| 1995 | -135.80 million BoP, current US$ | +500.9% |
| 1996 | -72.70 million BoP, current US$ | -46.5% |
| 1997 | 39.80 million BoP, current US$ | -154.7% |
| 1998 | 67.40 million BoP, current US$ | +69.3% |
| 1999 | 194.70 million BoP, current US$ | +188.9% |
| 2000 | 85.50 million BoP, current US$ | -56.1% |
| 2001 | 86.88 million BoP, current US$ | +1.6% |
| 2002 | -64.06 million BoP, current US$ | -173.7% |
| 2003 | -60.01 million BoP, current US$ | -6.3% |
| 2004 | 835.60 million BoP, current US$ | -1492.4% |
| 2005 | 799.10 million BoP, current US$ | -4.4% |
| 2006 | 481.00 million BoP, current US$ | -39.8% |
| 2007 | 407.40 million BoP, current US$ | -15.3% |
| 2008 | 197.82 million BoP, current US$ | -51.4% |
| 2009 | -303.52 million BoP, current US$ | -253.4% |
| 2010 | 233.30 million BoP, current US$ | -176.9% |
| 2011 | -178.21 million BoP, current US$ | -176.4% |
| 2012 | 371.14 million BoP, current US$ | -308.3% |
| 2013 | 311.93 million BoP, current US$ | -16.0% |
| 2014 | 129.19 million BoP, current US$ | -58.6% |
| 2015 | -340.17 million BoP, current US$ | -363.3% |
| 2016 | -271.19 million BoP, current US$ | -20.3% |
| 2017 | -451.57 million BoP, current US$ | +66.5% |
| 2018 | -268.23 million BoP, current US$ | -40.6% |
| 2019 | -424.89 million BoP, current US$ | +58.4% |
| 2020 | -733.08 million BoP, current US$ | +72.5% |
| 2021 | -548.01 million BoP, current US$ | -25.2% |
| 2022 | -662.21 million BoP, current US$ | +20.8% |
| 2023 | -382.55 million BoP, current US$ | -42.2% |
| 2024 | -332.97 million BoP, current US$ | -13.0% |
Guatemala compared with similar countries
- Guatemala's -332.97 million BoP, current US$ is below the median for upper middle income countries, which is 2.76 million BoP, current US$. (57 countries reporting)
- Guatemala's -332.97 million BoP, current US$ is below the median for Latin America & Caribbean, which is -31.77 million BoP, current US$, 10.5× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Guatemala changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | -1633.3% | 1.20 million BoP, current US$ | -18.40 million BoP, current US$ |
| 2004 | +1492.4% | -60.01 million BoP, current US$ | 835.60 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -42.53 million BoP, current US$ | -57.40 million BoP, current US$ | -26.50 million BoP, current US$ | 3 |
| 1980s | 6.08 million BoP, current US$ | -72.67 million BoP, current US$ | 67.40 million BoP, current US$ | 10 |
| 1990s | 33.36 million BoP, current US$ | -135.80 million BoP, current US$ | 194.70 million BoP, current US$ | 10 |
| 2000s | 246.57 million BoP, current US$ | -303.52 million BoP, current US$ | 835.60 million BoP, current US$ | 10 |
| 2010s | -88.87 million BoP, current US$ | -451.57 million BoP, current US$ | 371.14 million BoP, current US$ | 10 |
| 2020s | -531.76 million BoP, current US$ | -733.08 million BoP, current US$ | -332.97 million BoP, current US$ | 5 |
Countries ranked near Guatemala
- 139 Tajikistan -239.52 million BoP, current US$ compare
- 140 Madagascar -240.77 million BoP, current US$ compare
- 141 Sri Lanka -325.42 million BoP, current US$ compare
- 143 Gambia -333.27 million BoP, current US$ compare
- 144 Philippines -346.43 million BoP, current US$ compare
- 145 Malaysia -347.42 million BoP, current US$ compare
More economy & growth data for Guatemala
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.86 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 865.22 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 47.01 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 11.98 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0163 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 100.4 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 34.17 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Guatemala?
- Net errors and omissions in Guatemala was -332.97 million BoP, current US$ 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 Guatemala?
- The highest recorded value was 835.60 million BoP, current US$ in 2004.
- What is the lowest net errors and omissions recorded in Guatemala?
- The lowest recorded value was -733.08 million BoP, current US$ in 2020.
- How does Guatemala rank for net errors and omissions?
- Guatemala ranks 142nd out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Guatemala?
- Over the last ten years it is down 357.7%. The long-run trend across the full record is volatile.
- Where does this Guatemala 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 — 48 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.