Net errors and omissions in Macao
Macao: Net errors and omissions was 3.67 billion BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Macao, 2002–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net errors and omissions in Macao stood at 3.67 billion BoP, current US$. That is the highest value across all 23 years on record.
That represents a change of up 226.7% on the previous year and up 158.9% over ten years.
Over the whole period, net errors and omissions in Macao peaked at 3.67 billion BoP, current US$ in 2024 and was at its lowest, -7.06 billion BoP, current US$, in 2007.
Macao ranks 13th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Macao, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | -909.74 million BoP, current US$ | — |
| 2003 | -175.05 million BoP, current US$ | -80.8% |
| 2004 | -868.26 million BoP, current US$ | +396.0% |
| 2005 | -1.95 billion BoP, current US$ | +124.0% |
| 2006 | 701.54 million BoP, current US$ | -136.1% |
| 2007 | -7.06 billion BoP, current US$ | -1106.0% |
| 2008 | -4.73 billion BoP, current US$ | -33.0% |
| 2009 | -1.15 billion BoP, current US$ | -75.7% |
| 2010 | -4.20 billion BoP, current US$ | +265.4% |
| 2011 | -3.68 billion BoP, current US$ | -12.5% |
| 2012 | 1.96 billion BoP, current US$ | -153.1% |
| 2013 | -2.60 billion BoP, current US$ | -233.0% |
| 2014 | -6.24 billion BoP, current US$ | +140.0% |
| 2015 | -4.23 billion BoP, current US$ | -32.1% |
| 2016 | -1.28 billion BoP, current US$ | -69.8% |
| 2017 | -517.75 million BoP, current US$ | -59.5% |
| 2018 | -6.54 billion BoP, current US$ | +1162.6% |
| 2019 | -5.62 billion BoP, current US$ | -14.0% |
| 2020 | 966.96 million BoP, current US$ | -117.2% |
| 2021 | -5.65 billion BoP, current US$ | -684.6% |
| 2022 | -6.35 billion BoP, current US$ | +12.4% |
| 2023 | -2.90 billion BoP, current US$ | -54.3% |
| 2024 | 3.67 billion BoP, current US$ | -226.7% |
Macao compared with similar countries
- Macao's 3.67 billion BoP, current US$ is above the median for high income countries, which is -132.48 million BoP, current US$. (71 countries reporting)
- Macao's 3.67 billion BoP, current US$ is above the median for East Asia & Pacific, which is -34.59 million BoP, current US$. (33 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | -1162.6% | -517.75 million BoP, current US$ | -6.54 billion BoP, current US$ |
| 2007 | -1106.0% | 701.54 million BoP, current US$ | -7.06 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.02 billion BoP, current US$ | -7.06 billion BoP, current US$ | 701.54 million BoP, current US$ | 8 |
| 2010s | -3.30 billion BoP, current US$ | -6.54 billion BoP, current US$ | 1.96 billion BoP, current US$ | 10 |
| 2020s | -2.05 billion BoP, current US$ | -6.35 billion BoP, current US$ | 3.67 billion BoP, current US$ | 5 |
Countries ranked near Macao
More economy & growth data for Macao
- Households and NPISHs Final consumption expenditure (current LCU) 1.63 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.9796 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 74,350 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 3.02 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0988 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 7,499 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.3012 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 22,860 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.4232 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is net errors and omissions in Macao?
- Net errors and omissions in Macao was 3.67 billion 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 Macao?
- The highest recorded value was 3.67 billion BoP, current US$ in 2024.
- What is the lowest net errors and omissions recorded in Macao?
- The lowest recorded value was -7.06 billion BoP, current US$ in 2007.
- How does Macao rank for net errors and omissions?
- Macao ranks 13th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Macao?
- Over the last ten years it is up 158.9%. The long-run trend across the full record is volatile.
- Where does this Macao 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.