Net errors and omissions in Nauru
Nauru: Net errors and omissions was 2.06 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Nauru, 2008–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Nauru recorded 2.06 million BoP, current US$ for net errors and omissions in 2024.
The figure is down 67.2% on the previous year and up 112.7% over ten years.
Over the whole period, net errors and omissions in Nauru peaked at 13.46 million BoP, current US$ in 2021 and was at its lowest, -32.87 million BoP, current US$, in 2013.
That places Nauru 94th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Nauru, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2008 | -26.83 million BoP, current US$ | — |
| 2009 | -19.95 million BoP, current US$ | -25.7% |
| 2010 | -522,913 BoP, current US$ | -97.4% |
| 2011 | -8.29 million BoP, current US$ | +1484.9% |
| 2012 | 485,108 BoP, current US$ | -105.9% |
| 2013 | -32.87 million BoP, current US$ | -6875.3% |
| 2014 | -16.13 million BoP, current US$ | -50.9% |
| 2015 | -11.18 million BoP, current US$ | -30.7% |
| 2016 | 10.95 million BoP, current US$ | -198.0% |
| 2017 | -4.09 million BoP, current US$ | -137.3% |
| 2018 | -11.33 million BoP, current US$ | +177.1% |
| 2019 | 11.56 million BoP, current US$ | -202.1% |
| 2020 | 12.09 million BoP, current US$ | +4.6% |
| 2021 | 13.46 million BoP, current US$ | +11.3% |
| 2022 | 4.10 million BoP, current US$ | -69.5% |
| 2023 | 6.26 million BoP, current US$ | +52.7% |
| 2024 | 2.06 million BoP, current US$ | -67.2% |
Nauru compared with similar countries
- Nauru's 2.06 million BoP, current US$ is above the median for high income countries, which is -132.48 million BoP, current US$. (71 countries reporting)
- Nauru's 2.06 million BoP, current US$ is above the median for East Asia & Pacific, which is -34.59 million BoP, current US$. (33 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Nauru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | -6875.3% | 485,108 BoP, current US$ | -32.87 million BoP, current US$ |
| 2011 | -1484.9% | -522,913 BoP, current US$ | -8.29 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -23.39 million BoP, current US$ | -26.83 million BoP, current US$ | -19.95 million BoP, current US$ | 2 |
| 2010s | -6.14 million BoP, current US$ | -32.87 million BoP, current US$ | 11.56 million BoP, current US$ | 10 |
| 2020s | 7.59 million BoP, current US$ | 2.06 million BoP, current US$ | 13.46 million BoP, current US$ | 5 |
Countries ranked near Nauru
- 91 Benin 3.83 million BoP, current US$ compare
- 92 Togo 3.69 million BoP, current US$ compare
- 93 Saint Vincent and the Grenadines 2.76 million BoP, current US$ compare
- 95 Guinea -780,000 BoP, current US$ compare
- 96 Comoros -2.34 million BoP, current US$ compare
- 97 Tuvalu -2.81 million BoP, current US$ compare
More economy & growth data for Nauru
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.2806 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.827 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.34 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.008 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -111.87 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -5.85 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -504.22 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0348 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -489.34 BoP, current US$ per person (2024)
- Exports of goods and services (current US$), annual growth rate 21.06 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Nauru?
- Net errors and omissions in Nauru was 2.06 million BoP, current US$ 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 Nauru?
- The highest recorded value was 13.46 million BoP, current US$ in 2021.
- What is the lowest net errors and omissions recorded in Nauru?
- The lowest recorded value was -32.87 million BoP, current US$ in 2013.
- How does Nauru rank for net errors and omissions?
- Nauru ranks 94th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Nauru?
- Over the last ten years it is up 112.7%. The long-run trend across the full record is volatile.
- Where does this Nauru 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.