Net errors and omissions (BoP, current US$) in Micronesia (country)
Micronesia (country): Net errors and omissions (BoP, current US$) was -5.84 million BoP, current US$ in 2014. ◆ Volatile
Net errors and omissions in Micronesia (country), 2009–2014
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Micronesia (country) is -5.84 million BoP, current US$, measured in 2014.
That represents a change of up 75.7% on the previous year and up 55.4% over ten years.
Micronesia (country) ranks 102nd of 199 countries on this measure, in the middle of the range.
Net errors and omissions (BoP, current US$) in Micronesia (country), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2009 | -13.10 million BoP, current US$ | — |
| 2010 | -10.71 million BoP, current US$ | -18.2% |
| 2011 | -12.07 million BoP, current US$ | +12.7% |
| 2012 | -5.12 million BoP, current US$ | -57.5% |
| 2013 | -23.98 million BoP, current US$ | +368.1% |
| 2014 | -5.84 million BoP, current US$ | -75.7% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s -5.84 million BoP, current US$ is above the median for upper middle income countries, which is -5.84 million BoP, current US$, 1.0× the median. (57 countries reporting)
- Micronesia (country)'s -5.84 million BoP, current US$ is above the median for East Asia & Pacific, which is -38.17 million BoP, current US$, 15% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -13.10 million BoP, current US$ | -13.10 million BoP, current US$ | -13.10 million BoP, current US$ | 1 |
| 2010s | -11.55 million BoP, current US$ | -23.98 million BoP, current US$ | -5.12 million BoP, current US$ | 5 |
Countries ranked near Micronesia (country)
- 99 Comoros -2.34 million BoP, current US$ compare
- 100 Tuvalu -2.81 million BoP, current US$ compare
- 101 Central African Republic -4.68 million BoP, current US$
- 103 Burkina Faso -8.15 million BoP, current US$ compare
- 104 Kiribati -10.92 million BoP, current US$ compare
- 105 Tonga -13.57 million BoP, current US$ compare
More economy & growth data for Micronesia (country)
- Real gdp growth, annual growth rate 101.67 % change on previous year (2024)
- SDR Allocation, US dollar, per unit of GDP 0.032 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 154.27 units per person (2025)
- SDR Allocation, US dollar, per capita 141.04 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
- SDR Allocation, SDR, per unit of GDP 0.0233 units per US$ of GDP (2025)
- SDR Allocation, SDR, per capita 102.98 units per person (2025)
- IMF Quota, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0349 units per US$ of GDP (2025)
- IMF Quota, SDR, per capita 63.33 units per person (2025)
Frequently asked questions
- What is net errors and omissions in Micronesia (country)?
- Net errors and omissions in Micronesia (country) was -5.84 million BoP, current US$ in 2014, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Micronesia (country)?
- The highest recorded value was -5.12 million BoP, current US$ in 2012.
- What is the lowest net errors and omissions recorded in Micronesia (country)?
- The lowest recorded value was -23.98 million BoP, current US$ in 2013.
- How does Micronesia (country) rank for net errors and omissions?
- Micronesia (country) ranks 102nd out of 199 countries with data for 2014.
- Is net errors and omissions rising or falling in Micronesia (country)?
- Over the last ten years it is up 55.4%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) 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.