Net errors and omissions in Maldives
Maldives: Net errors and omissions was 197.38 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
197.38 million BoP, current US$
Change on year
up 25.8%
World rank
59th
of 199 countries
All-time high
486.34 million BoP, current US$
in 2019
All-time low
-326.27 million BoP, current US$
in 2021
Years of data
48
1977–2024
Net errors and omissions in Maldives, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Maldives recorded 197.38 million BoP, current US$ for net errors and omissions in 2024.
That represents a change of up 25.8% on the previous year and up 209.9% over ten years.
Over the whole period, net errors and omissions in Maldives peaked at 486.34 million BoP, current US$ in 2019 and was at its lowest, -326.27 million BoP, current US$, in 2021.
That places Maldives 59th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Maldives, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -2.40 million BoP, current US$ | — |
| 1978 | -1.70 million BoP, current US$ | -29.2% |
| 1979 | -3.30 million BoP, current US$ | +94.1% |
| 1980 | 6.10 million BoP, current US$ | -284.8% |
| 1981 | -3.10 million BoP, current US$ | -150.8% |
| 1982 | 8.20 million BoP, current US$ | -364.5% |
| 1983 | 13.70 million BoP, current US$ | +67.1% |
| 1984 | 9.50 million BoP, current US$ | -30.7% |
| 1985 | 11.30 million BoP, current US$ | +18.9% |
| 1986 | 8.12 million BoP, current US$ | -28.2% |
| 1987 | -1.41 million BoP, current US$ | -117.4% |
| 1988 | 6.09 million BoP, current US$ | -530.9% |
| 1989 | -20.15 million BoP, current US$ | -431.0% |
| 1990 | -18.20 million BoP, current US$ | -9.7% |
| 1991 | 2.29 million BoP, current US$ | -112.6% |
| 1992 | -21.37 million BoP, current US$ | -1034.5% |
| 1993 | 7.38 million BoP, current US$ | -134.5% |
| 1994 | -10.80 million BoP, current US$ | -246.2% |
| 1995 | -32.13 million BoP, current US$ | +197.6% |
| 1996 | -16.46 million BoP, current US$ | -48.8% |
| 1997 | -12.21 million BoP, current US$ | -25.8% |
| 1998 | -20.02 million BoP, current US$ | +64.0% |
| 1999 | 11.30 million BoP, current US$ | -156.4% |
| 2000 | -18.52 million BoP, current US$ | -263.9% |
| 2001 | -4.12 million BoP, current US$ | -77.7% |
| 2002 | 15.81 million BoP, current US$ | -483.6% |
| 2003 | 10.70 million BoP, current US$ | -32.3% |
| 2004 | 46.61 million BoP, current US$ | +335.6% |
| 2005 | 33.16 million BoP, current US$ | -28.9% |
| 2006 | 108.23 million BoP, current US$ | +226.4% |
| 2007 | 79.46 million BoP, current US$ | -26.6% |
| 2008 | 311.50 million BoP, current US$ | +292.0% |
| 2009 | 38.77 million BoP, current US$ | -87.6% |
| 2010 | 122.57 million BoP, current US$ | +216.1% |
| 2011 | -76.70 million BoP, current US$ | -162.6% |
| 2012 | -51.01 million BoP, current US$ | -33.5% |
| 2013 | 119.81 million BoP, current US$ | -334.9% |
| 2014 | -179.63 million BoP, current US$ | -249.9% |
| 2015 | -236.36 million BoP, current US$ | +31.6% |
| 2016 | 263.16 million BoP, current US$ | -211.3% |
| 2017 | 234.15 million BoP, current US$ | -11.0% |
| 2018 | -236.08 million BoP, current US$ | -200.8% |
| 2019 | 486.34 million BoP, current US$ | -306.0% |
| 2020 | 244.35 million BoP, current US$ | -49.8% |
| 2021 | -326.27 million BoP, current US$ | -233.5% |
| 2022 | 221.97 million BoP, current US$ | -168.0% |
| 2023 | 156.92 million BoP, current US$ | -29.3% |
| 2024 | 197.38 million BoP, current US$ | +25.8% |
Maldives compared with similar countries
- Maldives's 197.38 million BoP, current US$ is above the median for upper middle income countries, which is 2.76 million BoP, current US$, 71.5× the median. (57 countries reporting)
- Maldives's 197.38 million BoP, current US$ is below the median for South Asia, which is 273.75 million BoP, current US$, 72% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.47 million BoP, current US$ | -3.30 million BoP, current US$ | -1.70 million BoP, current US$ | 3 |
| 1980s | 3.83 million BoP, current US$ | -20.15 million BoP, current US$ | 13.70 million BoP, current US$ | 10 |
| 1990s | -11.02 million BoP, current US$ | -32.13 million BoP, current US$ | 11.30 million BoP, current US$ | 10 |
| 2000s | 62.16 million BoP, current US$ | -18.52 million BoP, current US$ | 311.50 million BoP, current US$ | 10 |
| 2010s | 44.63 million BoP, current US$ | -236.36 million BoP, current US$ | 486.34 million BoP, current US$ | 10 |
| 2020s | 98.87 million BoP, current US$ | -326.27 million BoP, current US$ | 244.35 million BoP, current US$ | 5 |
Countries ranked near Maldives
- 56 Kosovo 254.67 million BoP, current US$ compare
- 56 Kosovo (UNSCR 1244) 254.67 million BoP, current US$ compare
- 58 Albania 241.46 million BoP, current US$ compare
- 60 Rwanda 178.66 million BoP, current US$ compare
- 61 Ukraine 159.00 million BoP, current US$ compare
- 62 Bahamas 147.90 million BoP, current US$ compare
More economy & growth data for Maldives
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 806.20 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.13 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1142 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,527 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Maldives?
- Net errors and omissions in Maldives was 197.38 million BoP, current US$ 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 Maldives?
- The highest recorded value was 486.34 million BoP, current US$ in 2019.
- What is the lowest net errors and omissions recorded in Maldives?
- The lowest recorded value was -326.27 million BoP, current US$ in 2021.
- How does Maldives rank for net errors and omissions?
- Maldives ranks 59th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Maldives?
- Over the last ten years it is up 209.9%. The long-run trend across the full record is volatile.
- Where does this Maldives 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.