Net errors and omissions in Malaysia
Malaysia: Net errors and omissions was -347.42 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-347.42 million BoP, current US$
Change on year
up 95.3%
World rank
145th
of 199 countries
All-time high
3.55 billion BoP, current US$
in 1993
All-time low
-19.99 billion BoP, current US$
in 2010
Years of data
51
1974–2024
Net errors and omissions in Malaysia, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Malaysia recorded -347.42 million BoP, current US$ for net errors and omissions in 2024.
That represents a change of up 95.3% on the previous year and up 91.2% over ten years.
Over the whole period, net errors and omissions in Malaysia peaked at 3.55 billion BoP, current US$ in 1993 and was at its lowest, -19.99 billion BoP, current US$, in 2010.
That places Malaysia 145th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Malaysia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | -93.47 million BoP, current US$ | — |
| 1975 | -92.74 million BoP, current US$ | -0.8% |
| 1976 | -300.21 million BoP, current US$ | +223.7% |
| 1977 | -396.13 million BoP, current US$ | +32.0% |
| 1978 | -474.95 million BoP, current US$ | +19.9% |
| 1979 | -339.05 million BoP, current US$ | -28.6% |
| 1980 | -705.60 million BoP, current US$ | +108.1% |
| 1981 | -626.27 million BoP, current US$ | -11.2% |
| 1982 | -428.19 million BoP, current US$ | -31.6% |
| 1983 | -395.48 million BoP, current US$ | -7.6% |
| 1984 | -886.65 million BoP, current US$ | +124.2% |
| 1985 | -161.09 million BoP, current US$ | -81.8% |
| 1986 | 490.81 million BoP, current US$ | -404.7% |
| 1987 | 119.06 million BoP, current US$ | -75.7% |
| 1988 | -310.83 million BoP, current US$ | -361.1% |
| 1989 | -421.58 million BoP, current US$ | +35.6% |
| 1990 | 1.07 billion BoP, current US$ | -353.0% |
| 1991 | -196.36 million BoP, current US$ | -118.4% |
| 1992 | -7.85 million BoP, current US$ | -96.0% |
| 1993 | 3.55 billion BoP, current US$ | -45345.6% |
| 1994 | 80.40 million BoP, current US$ | -97.7% |
| 1995 | -757.07 million BoP, current US$ | -1041.6% |
| 1996 | -2.53 billion BoP, current US$ | +234.5% |
| 1997 | -134.01 million BoP, current US$ | -94.7% |
| 1998 | 3.29 billion BoP, current US$ | -2555.4% |
| 1999 | -1.30 billion BoP, current US$ | -139.4% |
| 2000 | -3.19 billion BoP, current US$ | +146.0% |
| 2001 | -2.43 billion BoP, current US$ | -23.7% |
| 2002 | -312.89 million BoP, current US$ | -87.1% |
| 2003 | 93.89 million BoP, current US$ | -130.0% |
| 2004 | 1.86 billion BoP, current US$ | +1884.4% |
| 2005 | -6.63 billion BoP, current US$ | -456.0% |
| 2006 | -7.46 billion BoP, current US$ | +12.5% |
| 2007 | -5.20 billion BoP, current US$ | -30.3% |
| 2008 | -8.59 billion BoP, current US$ | +65.2% |
| 2009 | -5.24 billion BoP, current US$ | -39.0% |
| 2010 | -19.99 billion BoP, current US$ | +281.4% |
| 2011 | -8.95 billion BoP, current US$ | -55.2% |
| 2012 | -5.15 billion BoP, current US$ | -42.5% |
| 2013 | -6.19 billion BoP, current US$ | +20.4% |
| 2014 | -3.97 billion BoP, current US$ | -36.0% |
| 2015 | -8.27 billion BoP, current US$ | +108.6% |
| 2016 | -5.81 billion BoP, current US$ | -29.8% |
| 2017 | -4.05 billion BoP, current US$ | -30.3% |
| 2018 | -13.11 billion BoP, current US$ | +223.6% |
| 2019 | -5.72 billion BoP, current US$ | -56.3% |
| 2020 | -269.57 million BoP, current US$ | -95.3% |
| 2021 | -7.33 billion BoP, current US$ | +2619.3% |
| 2022 | -3.00 billion BoP, current US$ | -59.1% |
| 2023 | -7.35 billion BoP, current US$ | +144.9% |
| 2024 | -347.42 million BoP, current US$ | -95.3% |
Malaysia compared with similar countries
- Malaysia's -347.42 million BoP, current US$ is below the median for upper middle income countries, which is 2.76 million BoP, current US$. (57 countries reporting)
- Malaysia's -347.42 million BoP, current US$ is below the median for East Asia & Pacific, which is -34.59 million BoP, current US$, 10.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Malaysia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +45345.6% | -7.85 million BoP, current US$ | 3.55 billion BoP, current US$ |
| 2021 | -2619.3% | -269.57 million BoP, current US$ | -7.33 billion BoP, current US$ |
| 1998 | +2555.4% | -134.01 million BoP, current US$ | 3.29 billion BoP, current US$ |
| 2004 | +1884.4% | 93.89 million BoP, current US$ | 1.86 billion BoP, current US$ |
| 1995 | -1041.6% | 80.40 million BoP, current US$ | -757.07 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -282.76 million BoP, current US$ | -474.95 million BoP, current US$ | -92.74 million BoP, current US$ | 6 |
| 1980s | -332.58 million BoP, current US$ | -886.65 million BoP, current US$ | 490.81 million BoP, current US$ | 10 |
| 1990s | 306.63 million BoP, current US$ | -2.53 billion BoP, current US$ | 3.55 billion BoP, current US$ | 10 |
| 2000s | -3.71 billion BoP, current US$ | -8.59 billion BoP, current US$ | 1.86 billion BoP, current US$ | 10 |
| 2010s | -8.12 billion BoP, current US$ | -19.99 billion BoP, current US$ | -3.97 billion BoP, current US$ | 10 |
| 2020s | -3.66 billion BoP, current US$ | -7.35 billion BoP, current US$ | -269.57 million BoP, current US$ | 5 |
Countries ranked near Malaysia
- 142 Guatemala -332.97 million BoP, current US$ compare
- 143 Gambia -333.27 million BoP, current US$ compare
- 144 Philippines -346.43 million BoP, current US$ compare
- 146 Bermuda -370.23 million BoP, current US$ compare
- 147 Congo -383.56 million BoP, current US$ compare
- 148 Mongolia -393.23 million BoP, current US$ compare
More economy & growth data for Malaysia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.97 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 13.04 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0309 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 366.69 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.59 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 96.92 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0369 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 438.53 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 8.09 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Malaysia?
- Net errors and omissions in Malaysia was -347.42 million BoP, current US$ 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 Malaysia?
- The highest recorded value was 3.55 billion BoP, current US$ in 1993.
- What is the lowest net errors and omissions recorded in Malaysia?
- The lowest recorded value was -19.99 billion BoP, current US$ in 2010.
- How does Malaysia rank for net errors and omissions?
- Malaysia ranks 145th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Malaysia?
- Over the last ten years it is up 91.2%. The long-run trend across the full record is volatile.
- Where does this Malaysia 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
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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.