Net errors and omissions in Italy
Italy: Net errors and omissions was -200.60 million BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
-200.60 million BoP, current US$
Change on year
down 100.7%
World rank
136th
of 199 countries
All-time high
35.73 billion BoP, current US$
in 2014
All-time low
-36.74 billion BoP, current US$
in 2010
Years of data
56
1970–2025
Net errors and omissions in Italy, 1970–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net errors and omissions in Italy stood at -200.60 million BoP, current US$.
Compared with earlier readings it is down 100.7% on the previous year and down 101.6% over ten years.
Over the whole period, net errors and omissions in Italy peaked at 35.73 billion BoP, current US$ in 2014 and was at its lowest, -36.74 billion BoP, current US$, in 2010.
Italy ranks 136th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Italy, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1970 | -260.80 million BoP, current US$ | — |
| 1971 | -176.35 million BoP, current US$ | -32.4% |
| 1972 | -494.24 million BoP, current US$ | +180.3% |
| 1973 | -503.40 million BoP, current US$ | +1.9% |
| 1974 | 245.06 million BoP, current US$ | -148.7% |
| 1975 | -387.91 million BoP, current US$ | -258.3% |
| 1976 | -883.37 million BoP, current US$ | +127.7% |
| 1977 | -200.03 million BoP, current US$ | -77.4% |
| 1978 | 849.89 million BoP, current US$ | -524.9% |
| 1979 | -659.89 million BoP, current US$ | -177.6% |
| 1980 | -829.94 million BoP, current US$ | +25.8% |
| 1981 | 1.04 billion BoP, current US$ | -225.7% |
| 1982 | -96.95 million BoP, current US$ | -109.3% |
| 1983 | 1.13 billion BoP, current US$ | -1264.5% |
| 1984 | 2.60 billion BoP, current US$ | +130.5% |
| 1985 | -3.74 billion BoP, current US$ | -243.8% |
| 1986 | -1.97 billion BoP, current US$ | -47.3% |
| 1987 | -1.32 billion BoP, current US$ | -33.0% |
| 1988 | -1.95 billion BoP, current US$ | +47.7% |
| 1989 | -1.64 billion BoP, current US$ | -16.0% |
| 1990 | -15.44 billion BoP, current US$ | +841.7% |
| 1991 | -7.14 billion BoP, current US$ | -53.8% |
| 1992 | -7.24 billion BoP, current US$ | +1.4% |
| 1993 | -17.73 billion BoP, current US$ | +144.9% |
| 1994 | 1.52 billion BoP, current US$ | -108.6% |
| 1995 | -21.19 billion BoP, current US$ | -1498.2% |
| 1996 | -20.22 billion BoP, current US$ | -4.6% |
| 1997 | -15.64 billion BoP, current US$ | -22.6% |
| 1998 | -25.63 billion BoP, current US$ | +63.9% |
| 1999 | -20.02 billion BoP, current US$ | -21.9% |
| 2000 | -1.50 billion BoP, current US$ | -92.5% |
| 2001 | 6.50 billion BoP, current US$ | -533.8% |
| 2002 | 6.05 billion BoP, current US$ | -7.0% |
| 2003 | -13.18 billion BoP, current US$ | -317.9% |
| 2004 | -3.45 billion BoP, current US$ | -73.8% |
| 2005 | -24.14 billion BoP, current US$ | +599.3% |
| 2006 | -15.57 billion BoP, current US$ | -35.5% |
| 2007 | -1.89 billion BoP, current US$ | -87.9% |
| 2008 | 24.54 billion BoP, current US$ | -1397.9% |
| 2009 | -9.06 billion BoP, current US$ | -136.9% |
| 2010 | -36.74 billion BoP, current US$ | +305.5% |
| 2011 | -17.98 billion BoP, current US$ | -51.1% |
| 2012 | -2.99 billion BoP, current US$ | -83.4% |
| 2013 | 12.84 billion BoP, current US$ | -529.9% |
| 2014 | 35.73 billion BoP, current US$ | +178.4% |
| 2015 | 12.57 billion BoP, current US$ | -64.8% |
| 2016 | -5.04 billion BoP, current US$ | -140.1% |
| 2017 | 14.09 billion BoP, current US$ | -379.7% |
| 2018 | -13.85 billion BoP, current US$ | -198.3% |
| 2019 | -4.71 billion BoP, current US$ | -66.0% |
| 2020 | 8.14 billion BoP, current US$ | -272.6% |
| 2021 | 8.31 billion BoP, current US$ | +2.2% |
| 2022 | 17.76 billion BoP, current US$ | +113.7% |
| 2023 | 13.24 billion BoP, current US$ | -25.5% |
| 2024 | 29.23 billion BoP, current US$ | +120.8% |
| 2025 | -200.60 million BoP, current US$ | -100.7% |
Italy compared with similar countries
- Italy's -200.60 million BoP, current US$ is below the median for high income countries, which is -132.48 million BoP, current US$, 1.5× the median. (71 countries reporting)
- Italy's -200.60 million BoP, current US$ is below the median for Europe & Central Asia, which is 27.46 million BoP, current US$. (50 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | -1498.2% | 1.52 billion BoP, current US$ | -21.19 billion BoP, current US$ |
| 2008 | +1397.9% | -1.89 billion BoP, current US$ | 24.54 billion BoP, current US$ |
| 1983 | +1264.5% | -96.95 million BoP, current US$ | 1.13 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -247.10 million BoP, current US$ | -883.37 million BoP, current US$ | 849.89 million BoP, current US$ | 10 |
| 1980s | -677.82 million BoP, current US$ | -3.74 billion BoP, current US$ | 2.60 billion BoP, current US$ | 10 |
| 1990s | -14.87 billion BoP, current US$ | -25.63 billion BoP, current US$ | 1.52 billion BoP, current US$ | 10 |
| 2000s | -3.17 billion BoP, current US$ | -24.14 billion BoP, current US$ | 24.54 billion BoP, current US$ | 10 |
| 2010s | -607.98 million BoP, current US$ | -36.74 billion BoP, current US$ | 35.73 billion BoP, current US$ | 10 |
| 2020s | 12.75 billion BoP, current US$ | -200.60 million BoP, current US$ | 29.23 billion BoP, current US$ | 6 |
Countries ranked near Italy
- 133 Paraguay -185.75 million BoP, current US$ compare
- 134 Algeria -192.96 million BoP, current US$ compare
- 135 New Caledonia -193.68 million BoP, current US$ compare
- 137 Botswana -211.98 million BoP, current US$ compare
- 138 Laos -227.17 million BoP, current US$ compare
- 139 Tajikistan -239.52 million BoP, current US$ compare
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 22.90 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 388.75 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 882.91 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -96.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 14.99 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 49.38 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Italy?
- Net errors and omissions in Italy was -200.60 million BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Italy?
- The highest recorded value was 35.73 billion BoP, current US$ in 2014.
- What is the lowest net errors and omissions recorded in Italy?
- The lowest recorded value was -36.74 billion BoP, current US$ in 2010.
- How does Italy rank for net errors and omissions?
- Italy ranks 136th out of 199 countries with data for 2025.
- Is net errors and omissions rising or falling in Italy?
- Over the last ten years it is down 101.6%. The long-run trend across the full record is volatile.
- Where does this Italy 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.