Net errors and omissions in Malta
Malta: Net errors and omissions was -165.29 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-165.29 million BoP, current US$
Change on year
down 157.8%
World rank
131st
of 199 countries
All-time high
990.57 million BoP, current US$
in 2012
All-time low
-1.69 billion BoP, current US$
in 2017
Years of data
54
1971–2024
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$, in 2017.
That places Malta 131st out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Malta, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1971 | 13.02 million BoP, current US$ | — |
| 1972 | 4.19 million BoP, current US$ | -67.8% |
| 1973 | 12.20 million BoP, current US$ | +191.0% |
| 1974 | 9.60 million BoP, current US$ | -21.3% |
| 1975 | 18.97 million BoP, current US$ | +97.7% |
| 1976 | -1.88 million BoP, current US$ | -109.9% |
| 1977 | 1.89 million BoP, current US$ | -200.7% |
| 1978 | 1.56 million BoP, current US$ | -17.8% |
| 1979 | 9.76 million BoP, current US$ | +527.1% |
| 1980 | -12.16 million BoP, current US$ | -224.5% |
| 1981 | 19.65 million BoP, current US$ | -261.6% |
| 1982 | 15.53 million BoP, current US$ | -21.0% |
| 1983 | 19.89 million BoP, current US$ | +28.1% |
| 1984 | 1.52 million BoP, current US$ | -92.4% |
| 1985 | -16.84 million BoP, current US$ | -1209.0% |
| 1986 | 6.87 million BoP, current US$ | -140.8% |
| 1987 | -24.60 million BoP, current US$ | -458.1% |
| 1988 | -43.22 million BoP, current US$ | +75.7% |
| 1989 | 68.87 million BoP, current US$ | -259.3% |
| 1990 | 2.49 million BoP, current US$ | -96.4% |
| 1991 | -84.77 million BoP, current US$ | -3505.7% |
| 1992 | -16.67 million BoP, current US$ | -80.3% |
| 1993 | 17.44 million BoP, current US$ | -204.6% |
| 1994 | 33.36 million BoP, current US$ | +91.3% |
| 1995 | 15.47 million BoP, current US$ | -53.6% |
| 1996 | 58.81 million BoP, current US$ | +280.1% |
| 1997 | 100.58 million BoP, current US$ | +71.0% |
| 1998 | 96.71 million BoP, current US$ | -3.9% |
| 1999 | -86.13 million BoP, current US$ | -189.1% |
| 2000 | 5.47 million BoP, current US$ | -106.3% |
| 2001 | 259.02 million BoP, current US$ | +4638.9% |
| 2002 | -55.98 million BoP, current US$ | -121.6% |
| 2003 | 23.49 million BoP, current US$ | -142.0% |
| 2004 | 170.82 million BoP, current US$ | +627.3% |
| 2005 | 82.76 million BoP, current US$ | -51.6% |
| 2006 | -54.18 million BoP, current US$ | -165.5% |
| 2007 | -382.69 million BoP, current US$ | +606.3% |
| 2008 | -332.70 million BoP, current US$ | -13.1% |
| 2009 | 462.11 million BoP, current US$ | -238.9% |
| 2010 | 188.20 million BoP, current US$ | -59.3% |
| 2011 | 184.56 million BoP, current US$ | -1.9% |
| 2012 | 990.57 million BoP, current US$ | +436.7% |
| 2013 | -464.39 million BoP, current US$ | -146.9% |
| 2014 | -556.50 million BoP, current US$ | +19.8% |
| 2015 | -418.92 million BoP, current US$ | -24.7% |
| 2016 | 989.82 million BoP, current US$ | -336.3% |
| 2017 | -1.69 billion BoP, current US$ | -270.8% |
| 2018 | 235.11 million BoP, current US$ | -113.9% |
| 2019 | -17.19 million BoP, current US$ | -107.3% |
| 2020 | -146.18 million BoP, current US$ | +750.3% |
| 2021 | 339.42 million BoP, current US$ | -332.2% |
| 2022 | 422.84 million BoP, current US$ | +24.6% |
| 2023 | 286.10 million BoP, current US$ | -32.3% |
| 2024 | -165.29 million BoP, current US$ | -157.8% |
Malta compared with similar countries
- Malta's -165.29 million BoP, current US$ is below the median for high income countries, which is -132.48 million BoP, current US$, 1.2× the median. (71 countries reporting)
- Malta's -165.29 million BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 490.89 million BoP, current US$. (22 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Malta changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +4638.9% | 5.47 million BoP, current US$ | 259.02 million BoP, current US$ |
| 1991 | -3505.7% | 2.49 million BoP, current US$ | -84.77 million BoP, current US$ |
| 1985 | -1209.0% | 1.52 million BoP, current US$ | -16.84 million BoP, current US$ |
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
- 128 Lesotho -148.77 million BoP, current US$ compare
- 129 Cayman Islands -152.97 million BoP, current US$ compare
- 130 Ghana -162.81 million BoP, current US$ compare
- 132 Iceland -167.65 million BoP, current US$ compare
- 133 Paraguay -185.75 million BoP, current US$ compare
- 134 Algeria -192.96 million BoP, current US$ compare
More economy & growth data for Malta
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.35 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.51 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 36.46 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 1.46 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64,096 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 42.59 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 73.1 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 1.7 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 74,864 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 8.88 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Malta?
- Net errors and omissions in Malta was -165.29 million BoP, current US$ 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 131st out of 199 countries 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.
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.