Net errors and omissions in Malta
Malta: Net errors and omissions was -165.29 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Malta, 1971–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Malta is -165.29 million BoP, current US$, measured in 2024.
Compared with earlier readings it is down 157.8% on the previous year and up 70.3% over ten years.
Over the whole period, net errors and omissions in Malta peaked at 990.57 million BoP, current US$ in 2012 and was at its lowest, -1.69 billion BoP, current US$, in 2017.
That places Malta 129th out of 197 regions with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.70 million BoP, current US$ | -1.88 million BoP, current US$ | 18.97 million BoP, current US$ | 9 |
| 1980s | 3.55 million BoP, current US$ | -43.22 million BoP, current US$ | 68.87 million BoP, current US$ | 10 |
| 1990s | 13.73 million BoP, current US$ | -86.13 million BoP, current US$ | 100.58 million BoP, current US$ | 10 |
| 2000s | 17.81 million BoP, current US$ | -382.69 million BoP, current US$ | 462.11 million BoP, current US$ | 10 |
| 2010s | -55.96 million BoP, current US$ | -1.69 billion BoP, current US$ | 990.57 million BoP, current US$ | 10 |
| 2020s | 147.38 million BoP, current US$ | -165.29 million BoP, current US$ | 422.84 million BoP, current US$ | 5 |
Countries ranked near Malta
- 126 Lesotho -148.77 million BoP, current US$ compare
- 127 Cayman Islands -152.97 million BoP, current US$ compare
- 128 Ghana -162.81 million BoP, current US$ compare
- 130 Iceland -167.65 million BoP, current US$ compare
- 131 Paraguay -185.75 million BoP, current US$ compare
- 132 Algeria -192.96 million BoP, current US$ compare
More economy & growth data for Malta
- External balance on goods and services as a percent of GDP 19.2% (2025)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 35,197 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.3% (2025)
- Gross domestic product (GDP) 20.40 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 35,197 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Taxes less subsidies on products 2.00 billion current LCU (2025)
- Taxes less subsidies on products 2.26 billion current US$ (2025)
- Net primary income (Net income from abroad) -2.49 billion current LCU (2025)
Frequently asked questions
- What is net errors and omissions in Malta?
- Net errors and omissions in Malta was -165.29 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 Malta?
- The highest recorded value was 990.57 million BoP, current US$ in 2012.
- What is the lowest net errors and omissions recorded in Malta?
- The lowest recorded value was -1.69 billion BoP, current US$ in 2017.
- How does Malta rank for net errors and omissions?
- Malta ranks 129th out of 197 regions with data for 2024.
- Is net errors and omissions rising or falling in Malta?
- Over the last ten years it is up 70.3%. The long-run trend across the full record is volatile.
- Where does this Malta 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.