Net errors and omissions (BoP, current US$) in Liberia
Liberia: Net errors and omissions (BoP, current US$) was -860.70 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Liberia, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net errors and omissions in Liberia stood at -860.70 million BoP, current US$.
Compared with earlier readings it is down 230.7% on the previous year and down 72.6% over ten years.
Over the whole period, net errors and omissions in Liberia peaked at 156.99 million BoP, current US$ in 2019 and was at its lowest, -3.58 billion BoP, current US$, in 2010.
That places Liberia 157th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$) in Liberia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | -4.55 million BoP, current US$ | — |
| 1980 | -3.77 million BoP, current US$ | -17.1% |
| 1981 | -3.93 million BoP, current US$ | +4.4% |
| 1982 | -5.67 million BoP, current US$ | +44.2% |
| 1983 | -205,700 BoP, current US$ | -96.4% |
| 1984 | -2.89 million BoP, current US$ | +1305.6% |
| 1985 | -2.34 million BoP, current US$ | -19.0% |
| 1986 | -1.58 million BoP, current US$ | -32.5% |
| 1987 | -211,534 BoP, current US$ | -86.6% |
| 2004 | -57.55 million BoP, current US$ | +27107.1% |
| 2005 | -39.25 million BoP, current US$ | -31.8% |
| 2006 | -98.41 million BoP, current US$ | +150.7% |
| 2007 | -75.96 million BoP, current US$ | -22.8% |
| 2008 | -42.69 million BoP, current US$ | -43.8% |
| 2009 | -288.49 million BoP, current US$ | +575.7% |
| 2010 | -3.58 billion BoP, current US$ | +1139.3% |
| 2011 | -1.31 billion BoP, current US$ | -63.3% |
| 2012 | -1.27 billion BoP, current US$ | -3.2% |
| 2013 | -1.71 billion BoP, current US$ | +34.2% |
| 2014 | -498.79 million BoP, current US$ | -70.8% |
| 2015 | -733.52 million BoP, current US$ | +47.1% |
| 2016 | -335.81 million BoP, current US$ | -54.2% |
| 2017 | -175.68 million BoP, current US$ | -47.7% |
| 2018 | -62.76 million BoP, current US$ | -64.3% |
| 2019 | 156.99 million BoP, current US$ | -350.1% |
| 2020 | 52.06 million BoP, current US$ | -66.8% |
| 2021 | -115.38 million BoP, current US$ | -321.6% |
| 2022 | -114.31 million BoP, current US$ | -0.9% |
| 2023 | -260.25 million BoP, current US$ | +127.7% |
| 2024 | -860.70 million BoP, current US$ | +230.7% |
Liberia compared with similar countries
- Liberia's -860.70 million BoP, current US$ is below the median for low income countries, which is -8.15 million BoP, current US$, 105.7× the median. (23 countries reporting)
- Liberia's -860.70 million BoP, current US$ is below the median for Sub-Saharan Africa, which is -2.34 million BoP, current US$, 367.7× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$) in Liberia 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 |
|---|---|---|---|
| 2004 | -27107.1% | -211,534 BoP, current US$ | -57.55 million BoP, current US$ |
| 1984 | -1305.6% | -205,700 BoP, current US$ | -2.89 million BoP, current US$ |
| 2010 | -1139.3% | -288.49 million BoP, current US$ | -3.58 billion BoP, current US$ |
| 2009 | -575.7% | -42.69 million BoP, current US$ | -288.49 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -4.55 million BoP, current US$ | -4.55 million BoP, current US$ | -4.55 million BoP, current US$ | 1 |
| 1980s | -2.58 million BoP, current US$ | -5.67 million BoP, current US$ | -205,700 BoP, current US$ | 8 |
| 2000s | -100.39 million BoP, current US$ | -288.49 million BoP, current US$ | -39.25 million BoP, current US$ | 6 |
| 2010s | -951.43 million BoP, current US$ | -3.58 billion BoP, current US$ | 156.99 million BoP, current US$ | 10 |
| 2020s | -259.72 million BoP, current US$ | -860.70 million BoP, current US$ | 52.06 million BoP, current US$ | 5 |
Countries ranked near Liberia
- 154 Macao -622.76 million BoP, current US$ compare
- 155 Guyana -791.79 million BoP, current US$ compare
- 156 Sri Lanka -808.02 million BoP, current US$ compare
- 158 Bahrain -868.23 million BoP, current US$ compare
- 159 Djibouti -872.54 million BoP, current US$ compare
- 160 Paraguay -941.60 million BoP, current US$ compare
More economy & growth data for Liberia
- Real gdp growth, annual growth rate 28.05 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.97 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.15 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -5.6 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0527 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 48.22 units per person (2025)
- SDRs holdings, SDR, annual growth rate -10.11 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0385 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 35.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Liberia?
- Net errors and omissions in Liberia was -860.70 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 Liberia?
- The highest recorded value was 156.99 million BoP, current US$ in 2019.
- What is the lowest net errors and omissions recorded in Liberia?
- The lowest recorded value was -3.58 billion BoP, current US$ in 2010.
- How does Liberia rank for net errors and omissions?
- Liberia ranks 157th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Liberia?
- Over the last ten years it is down 72.6%. The long-run trend across the full record is volatile.
- Where does this Liberia 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.