Net errors and omissions (BoP, current US$) in Guinea-Bissau
Guinea-Bissau: Net errors and omissions (BoP, current US$) was 6.61 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Guinea-Bissau, 1982–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Guinea-Bissau is 6.61 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 203.2% on the previous year and down 46.8% over ten years.
Over the whole period, net errors and omissions in Guinea-Bissau peaked at 22.01 million BoP, current US$ in 1992 and was at its lowest, -24.33 million BoP, current US$, in 1994.
That places Guinea-Bissau 90th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$) in Guinea-Bissau, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1982 | -9.10 million BoP, current US$ | — |
| 1983 | -5.40 million BoP, current US$ | -40.7% |
| 1984 | -13.10 million BoP, current US$ | +142.6% |
| 1985 | -9.60 million BoP, current US$ | -26.7% |
| 1986 | -3.70 million BoP, current US$ | -61.5% |
| 1987 | -7.84 million BoP, current US$ | +111.9% |
| 1988 | 3.51 million BoP, current US$ | -144.8% |
| 1989 | -11.63 million BoP, current US$ | -431.1% |
| 1990 | -1.08 million BoP, current US$ | -90.7% |
| 1991 | -15.73 million BoP, current US$ | +1359.5% |
| 1992 | 22.01 million BoP, current US$ | -239.9% |
| 1993 | -15.97 million BoP, current US$ | -172.6% |
| 1994 | -24.33 million BoP, current US$ | +52.3% |
| 1995 | -11.02 million BoP, current US$ | -54.7% |
| 1996 | -11.53 million BoP, current US$ | +4.6% |
| 1997 | -19.33 million BoP, current US$ | +67.6% |
| 2001 | 5.18 million BoP, current US$ | -126.8% |
| 2002 | -4.11 million BoP, current US$ | -179.3% |
| 2003 | 5.33 million BoP, current US$ | -229.8% |
| 2004 | -5.72 million BoP, current US$ | -207.2% |
| 2005 | -5.30 million BoP, current US$ | -7.2% |
| 2006 | -990,648 BoP, current US$ | -81.3% |
| 2007 | 5.20 million BoP, current US$ | -624.9% |
| 2008 | -4.85 million BoP, current US$ | -193.3% |
| 2009 | -9.27 million BoP, current US$ | +91.1% |
| 2010 | -4.22 million BoP, current US$ | -54.5% |
| 2011 | -4.79 million BoP, current US$ | +13.6% |
| 2012 | -9.55 million BoP, current US$ | +99.3% |
| 2013 | 10.06 million BoP, current US$ | -205.3% |
| 2014 | 12.42 million BoP, current US$ | +23.5% |
| 2015 | -13.25 million BoP, current US$ | -206.7% |
| 2016 | -21.02 million BoP, current US$ | +58.6% |
| 2017 | -15.37 million BoP, current US$ | -26.9% |
| 2018 | -7.28 million BoP, current US$ | -52.6% |
| 2019 | -6.00 million BoP, current US$ | -17.5% |
| 2020 | -9.72 million BoP, current US$ | +62.0% |
| 2021 | 11.34 million BoP, current US$ | -216.7% |
| 2022 | -12.58 million BoP, current US$ | -210.9% |
| 2023 | -6.41 million BoP, current US$ | -49.1% |
| 2024 | 6.61 million BoP, current US$ | -203.2% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 6.61 million BoP, current US$ is above the median for low income countries, which is -8.15 million BoP, current US$. (23 countries reporting)
- Guinea-Bissau's 6.61 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -2.34 million BoP, current US$. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$) in Guinea-Bissau 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 |
|---|---|---|---|
| 1991 | -1359.5% | -1.08 million BoP, current US$ | -15.73 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -7.11 million BoP, current US$ | -13.10 million BoP, current US$ | 3.51 million BoP, current US$ | 8 |
| 1990s | -9.62 million BoP, current US$ | -24.33 million BoP, current US$ | 22.01 million BoP, current US$ | 8 |
| 2000s | -1.61 million BoP, current US$ | -9.27 million BoP, current US$ | 5.33 million BoP, current US$ | 9 |
| 2010s | -5.90 million BoP, current US$ | -21.02 million BoP, current US$ | 12.42 million BoP, current US$ | 10 |
| 2020s | -2.15 million BoP, current US$ | -12.58 million BoP, current US$ | 11.34 million BoP, current US$ | 5 |
Countries ranked near Guinea-Bissau
- 87 Cameroon 9.06 million BoP, current US$ compare
- 88 Seychelles 8.68 million BoP, current US$ compare
- 89 Cote d'Ivoire 6.96 million BoP, current US$ compare
- 91 Saint Kitts and Nevis 4.12 million BoP, current US$ compare
- 92 Benin 3.83 million BoP, current US$ compare
- 93 Togo 3.69 million BoP, current US$ compare
More economy & growth data for Guinea-Bissau
- Real gdp growth, annual growth rate 13.04 % change on previous year (2023)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 8.52 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0357 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 40.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 3.34 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 29.26 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.94 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Guinea-Bissau?
- Net errors and omissions in Guinea-Bissau was 6.61 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 Guinea-Bissau?
- The highest recorded value was 22.01 million BoP, current US$ in 1992.
- What is the lowest net errors and omissions recorded in Guinea-Bissau?
- The lowest recorded value was -24.33 million BoP, current US$ in 1994.
- How does Guinea-Bissau rank for net errors and omissions?
- Guinea-Bissau ranks 90th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Guinea-Bissau?
- Over the last ten years it is down 46.8%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau 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 — 40 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.