Net errors and omissions in Lebanon
Lebanon: Net errors and omissions was 1.63 billion BoP, current US$ in 2023. ◆ Volatile
Net errors and omissions in Lebanon, 2002–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net errors and omissions in Lebanon stood at 1.63 billion BoP, current US$.
The figure is up 1,769.5% on the previous year and down 46.9% over ten years.
Over the whole period, net errors and omissions in Lebanon peaked at 7.79 billion BoP, current US$ in 2018 and was at its lowest, -8.66 billion BoP, current US$, in 2020.
Lebanon ranks 23rd of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -788.02 million BoP, current US$ | -6.00 billion BoP, current US$ | 4.84 billion BoP, current US$ | 8 |
| 2010s | 2.14 billion BoP, current US$ | -2.90 billion BoP, current US$ | 7.79 billion BoP, current US$ | 10 |
| 2020s | -2.46 billion BoP, current US$ | -8.66 billion BoP, current US$ | 1.63 billion BoP, current US$ | 4 |
Countries ranked near Lebanon
More economy & growth data for Lebanon
- External balance on goods and services as a percent of GDP -35.6% (2024)
- Inflation of consumer prices 14.6% (2025)
- GDP per capita 5,391 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 1.4% (2021)
- Gross domestic product (GDP) 31.30 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 5,391 constant 2015 US$ (2024)
- DEC alternative conversion factor 89,500 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 571.94 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 6.39 billion current US$ (2024)
- Taxes less subsidies on products 1,408.46 trillion current LCU (2024)
Frequently asked questions
- What is net errors and omissions in Lebanon?
- Net errors and omissions in Lebanon was 1.63 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Lebanon?
- The highest recorded value was 7.79 billion BoP, current US$ in 2018.
- What is the lowest net errors and omissions recorded in Lebanon?
- The lowest recorded value was -8.66 billion BoP, current US$ in 2020.
- How does Lebanon rank for net errors and omissions?
- Lebanon ranks 23rd out of 197 countries with data for 2023.
- Is net errors and omissions rising or falling in Lebanon?
- Over the last ten years it is down 46.9%. The long-run trend across the full record is volatile.
- Where does this Lebanon 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.