Net errors and omissions in Marshall Islands
Marshall Islands: Net errors and omissions was -49.93 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Marshall Islands is -49.93 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 18.9% on the previous year and down 177.8% over ten years.
Over the whole period, net errors and omissions in Marshall Islands peaked at 37.79 million BoP, current US$ in 2016 and was at its lowest, -106.56 million BoP, current US$, in 2018.
Marshall Islands ranks 116th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -26.19 million BoP, current US$ | -43.80 million BoP, current US$ | -7.45 million BoP, current US$ | 5 |
| 2010s | -18.55 million BoP, current US$ | -106.56 million BoP, current US$ | 37.79 million BoP, current US$ | 10 |
| 2020s | -46.04 million BoP, current US$ | -61.55 million BoP, current US$ | -18.24 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 113 Saint Lucia -41.36 million BoP, current US$ compare
- 114 Ethiopia -48.85 million BoP, current US$ compare
- 115 Sao Tome and Principe -49.27 million BoP, current US$ compare
- 117 San Marino -53.75 million BoP, current US$ compare
- 118 Turks and Caicos Islands -65.78 million BoP, current US$ compare
- 119 Mozambique -77.07 million BoP, current US$ compare
More economy & growth data for Marshall Islands
- External balance on goods and services as a percent of GDP -43.8% (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 3.2% (2024)
- Gross domestic product (GDP) 224.00 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,174 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 124.43 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 124.43 million current US$ (2024)
- Taxes less subsidies on products 12.05 million current LCU (2024)
- Taxes less subsidies on products 12.05 million current US$ (2024)
Frequently asked questions
- What is net errors and omissions in Marshall Islands?
- Net errors and omissions in Marshall Islands was -49.93 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 Marshall Islands?
- The highest recorded value was 37.79 million BoP, current US$ in 2016.
- What is the lowest net errors and omissions recorded in Marshall Islands?
- The lowest recorded value was -106.56 million BoP, current US$ in 2018.
- How does Marshall Islands rank for net errors and omissions?
- Marshall Islands ranks 116th out of 197 countries with data for 2024.
- Is net errors and omissions rising or falling in Marshall Islands?
- Over the last ten years it is down 177.8%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands 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.