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$, in 2013.
That places Nauru 92nd out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -23.39 million BoP, current US$ | -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
- 89 Benin 3.83 million BoP, current US$ compare
- 90 Togo 3.69 million BoP, current US$ compare
- 91 Saint Vincent and the Grenadines 2.76 million BoP, current US$ compare
- 93 Guinea -780,000 BoP, current US$ compare
- 94 Comoros -2.34 million BoP, current US$ compare
- 95 Tuvalu -2.81 million BoP, current US$ compare
More economy & growth data for Nauru
- External balance on goods and services as a percent of GDP -41.9% (2025)
- GDP per capita 8,340 constant 2015 US$ (2025)
- Gross domestic product (GDP) 100.29 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,340 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 6.20 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 4.01 million current US$ (2025)
- Net primary income (Net income from abroad) 115.00 million current LCU (2025)
- Net primary income (Net income from abroad) 74.43 million current US$ (2025)
- GNI per capita 32,183 current LCU (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 92nd out of 197 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.