Net errors and omissions in Laos
Laos: Net errors and omissions was -227.17 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Laos, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Laos is -227.17 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 62.0% on the previous year and down 297.8% over ten years.
Over the whole period, net errors and omissions in Laos peaked at 114.82 million BoP, current US$ in 2014 and was at its lowest, -1.35 billion BoP, current US$, in 2016.
Laos ranks 136th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.83 million BoP, current US$ | -22.90 million BoP, current US$ | 39.20 million BoP, current US$ | 6 |
| 1990s | -11.71 million BoP, current US$ | -162.80 million BoP, current US$ | 102.30 million BoP, current US$ | 10 |
| 2000s | -236.49 million BoP, current US$ | -735.13 million BoP, current US$ | 72.17 million BoP, current US$ | 10 |
| 2010s | -576.28 million BoP, current US$ | -1.35 billion BoP, current US$ | 114.82 million BoP, current US$ | 10 |
| 2020s | -483.38 million BoP, current US$ | -725.86 million BoP, current US$ | -227.17 million BoP, current US$ | 5 |
Countries ranked near Laos
- 133 New Caledonia -193.68 million BoP, current US$ compare
- 134 Italy -200.60 million BoP, current US$ compare
- 135 Botswana -211.98 million BoP, current US$ compare
- 137 Tajikistan -239.52 million BoP, current US$ compare
- 138 Madagascar -240.77 million BoP, current US$ compare
- 139 Sri Lanka -325.42 million BoP, current US$ compare
More economy & growth data for Laos
- External balance on goods and services as a percent of GDP -8.7% (2016)
- Inflation of consumer prices 7.7% (2025)
- GDP per capita 2,807 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.1% (2025)
- Gross domestic product (GDP) 22.10 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,807 constant 2015 US$ (2025)
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
Frequently asked questions
- What is net errors and omissions in Laos?
- Net errors and omissions in Laos was -227.17 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 Laos?
- The highest recorded value was 114.82 million BoP, current US$ in 2014.
- What is the lowest net errors and omissions recorded in Laos?
- The lowest recorded value was -1.35 billion BoP, current US$ in 2016.
- How does Laos rank for net errors and omissions?
- Laos ranks 136th out of 197 countries with data for 2024.
- Is net errors and omissions rising or falling in Laos?
- Over the last ten years it is down 297.8%. The long-run trend across the full record is volatile.
- Where does this Laos 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 — 41 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.