Net errors and omissions in Iran
Iran: Net errors and omissions was -1.35 billion BoP, current US$ in 2000. ◆ Volatile
Net errors and omissions in Iran, 1976–2000
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2000, net errors and omissions in Iran stood at -1.35 billion BoP, current US$.
The figure is down 214.4% on the previous year and down 47.0% over ten years.
Over the whole period, net errors and omissions in Iran peaked at 2.62 billion BoP, current US$ in 1996 and was at its lowest, -3.69 billion BoP, current US$, in 1994.
Iran ranks 167th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Iran, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | -243.00 million BoP, current US$ | — |
| 1977 | -322.00 million BoP, current US$ | +32.5% |
| 1978 | -186.00 million BoP, current US$ | -42.2% |
| 1979 | -488.00 million BoP, current US$ | +162.4% |
| 1980 | 948.00 million BoP, current US$ | -294.3% |
| 1981 | 1.75 billion BoP, current US$ | +84.1% |
| 1982 | 1.05 billion BoP, current US$ | -39.7% |
| 1983 | 864.00 million BoP, current US$ | -17.9% |
| 1984 | -906.00 million BoP, current US$ | -204.9% |
| 1985 | 551.00 million BoP, current US$ | -160.8% |
| 1986 | 853.00 million BoP, current US$ | +54.8% |
| 1987 | 193.00 million BoP, current US$ | -77.4% |
| 1988 | 593.00 million BoP, current US$ | +207.3% |
| 1989 | -741.00 million BoP, current US$ | -225.0% |
| 1990 | -922.00 million BoP, current US$ | +24.4% |
| 1991 | 1.32 billion BoP, current US$ | -243.0% |
| 1992 | 1.64 billion BoP, current US$ | +24.1% |
| 1993 | -1.12 billion BoP, current US$ | -168.3% |
| 1994 | -3.69 billion BoP, current US$ | +230.6% |
| 1995 | 284.00 million BoP, current US$ | -107.7% |
| 1996 | 2.62 billion BoP, current US$ | +823.2% |
| 1997 | -1.10 billion BoP, current US$ | -141.8% |
| 1998 | -2.20 billion BoP, current US$ | +100.5% |
| 1999 | 1.18 billion BoP, current US$ | -153.9% |
| 2000 | -1.35 billion BoP, current US$ | -214.4% |
Iran compared with similar countries
- Iran's -1.35 billion BoP, current US$ is below the median for upper middle income countries, which is 2.76 million BoP, current US$. (57 countries reporting)
- Iran's -1.35 billion BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 490.89 million BoP, current US$. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -309.75 million BoP, current US$ | -488.00 million BoP, current US$ | -186.00 million BoP, current US$ | 4 |
| 1980s | 515.20 million BoP, current US$ | -906.00 million BoP, current US$ | 1.75 billion BoP, current US$ | 10 |
| 1990s | -197.80 million BoP, current US$ | -3.69 billion BoP, current US$ | 2.62 billion BoP, current US$ | 10 |
| 2000s | -1.35 billion BoP, current US$ | -1.35 billion BoP, current US$ | -1.35 billion BoP, current US$ | 1 |
Countries ranked near Iran
More economy & growth data for Iran
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 89.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.9766 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.45 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 1.88 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.003 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 15.83 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 130.68 % change on previous year (1982)
Frequently asked questions
- What is net errors and omissions in Iran?
- Net errors and omissions in Iran was -1.35 billion BoP, current US$ 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 Iran?
- The highest recorded value was 2.62 billion BoP, current US$ in 1996.
- What is the lowest net errors and omissions recorded in Iran?
- The lowest recorded value was -3.69 billion BoP, current US$ in 1994.
- How does Iran rank for net errors and omissions?
- Iran ranks 167th out of 199 countries with data for 2000.
- Is net errors and omissions rising or falling in Iran?
- Over the last ten years it is down 47.0%. The long-run trend across the full record is volatile.
- Where does this Iran 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.