Net errors and omissions in Mozambique
Mozambique: Net errors and omissions was -77.07 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Mozambique, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Mozambique recorded -77.07 million BoP, current US$ for net errors and omissions in 2024.
The figure is up 33.5% on the previous year and down 338.0% over ten years.
Over the whole period, net errors and omissions in Mozambique peaked at 52.03 million BoP, current US$ in 2010 and was at its lowest, -289.47 million BoP, current US$, in 2020.
Mozambique ranks 121st of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Mozambique, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 39.47 million BoP, current US$ | — |
| 2006 | 1.24 million BoP, current US$ | -96.9% |
| 2007 | 27.61 million BoP, current US$ | +2123.2% |
| 2008 | -67.18 million BoP, current US$ | -343.4% |
| 2009 | -48.81 million BoP, current US$ | -27.3% |
| 2010 | 52.03 million BoP, current US$ | -206.6% |
| 2011 | -8.29 million BoP, current US$ | -115.9% |
| 2012 | 32.08 million BoP, current US$ | -486.9% |
| 2013 | 22.35 million BoP, current US$ | -30.3% |
| 2014 | 32.37 million BoP, current US$ | +44.9% |
| 2015 | -61.39 million BoP, current US$ | -289.6% |
| 2016 | -53.13 million BoP, current US$ | -13.5% |
| 2017 | -48.45 million BoP, current US$ | -8.8% |
| 2018 | -103.66 million BoP, current US$ | +114.0% |
| 2019 | -271.49 million BoP, current US$ | +161.9% |
| 2020 | -289.47 million BoP, current US$ | +6.6% |
| 2021 | -11.39 million BoP, current US$ | -96.1% |
| 2022 | -226.60 million BoP, current US$ | +1889.6% |
| 2023 | -115.81 million BoP, current US$ | -48.9% |
| 2024 | -77.07 million BoP, current US$ | -33.5% |
Mozambique compared with similar countries
- Mozambique's -77.07 million BoP, current US$ is below the median for low income countries, which is -4.68 million BoP, current US$, 16.5× the median. (23 countries reporting)
- Mozambique's -77.07 million BoP, current US$ is below the median for Sub-Saharan Africa, which is -8.15 million BoP, current US$, 9.5× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Mozambique changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +2123.2% | 1.24 million BoP, current US$ | 27.61 million BoP, current US$ |
| 2022 | -1889.6% | -11.39 million BoP, current US$ | -226.60 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.54 million BoP, current US$ | -67.18 million BoP, current US$ | 39.47 million BoP, current US$ | 5 |
| 2010s | -40.76 million BoP, current US$ | -271.49 million BoP, current US$ | 52.03 million BoP, current US$ | 10 |
| 2020s | -144.07 million BoP, current US$ | -289.47 million BoP, current US$ | -11.39 million BoP, current US$ | 5 |
Countries ranked near Mozambique
- 118 Marshall Islands -49.93 million BoP, current US$ compare
- 119 San Marino -53.75 million BoP, current US$ compare
- 120 Turks and Caicos Islands -65.78 million BoP, current US$ compare
- 122 Burundi -80.21 million BoP, current US$ compare
- 123 Moldova -80.78 million BoP, current US$ compare
- 124 Namibia -80.84 million BoP, current US$ compare
More economy & growth data for Mozambique
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 8.46 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -44.11 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0019 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1.27 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.51 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1542 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 101.31 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.66 % change on previous year (2024)
Frequently asked questions
- What is net errors and omissions in Mozambique?
- Net errors and omissions in Mozambique was -77.07 million BoP, current US$ 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 Mozambique?
- The highest recorded value was 52.03 million BoP, current US$ in 2010.
- What is the lowest net errors and omissions recorded in Mozambique?
- The lowest recorded value was -289.47 million BoP, current US$ in 2020.
- How does Mozambique rank for net errors and omissions?
- Mozambique ranks 121st out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Mozambique?
- Over the last ten years it is down 338.0%. The long-run trend across the full record is volatile.
- Where does this Mozambique 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
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.