Net errors and omissions (BoP, current US$) in Italy
Italy: Net errors and omissions (BoP, current US$) was -200.60 million BoP, current US$ in 2025. ◆ Volatile
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$, in 2010.
Italy ranks 138th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$) 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 28.51 million BoP, current US$. (50 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$) 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
- 135 Jamaica -171.49 million BoP, current US$ compare
- 136 Lesotho -188.75 million BoP, current US$ compare
- 137 New Caledonia -193.68 million BoP, current US$ compare
- 139 Mongolia -238.16 million BoP, current US$ compare
- 140 Tajikistan -307.42 million BoP, current US$ compare
- 141 Uganda -323.31 million BoP, current US$ compare
More economy & growth data for Italy
- Real gdp growth, annual growth rate -31.03 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.59 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 502.25 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.3992 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 366.74 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.39 % 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 138th 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.