Net errors and omissions in Nepal
Nepal: Net errors and omissions was 376.05 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
376.05 million BoP, current US$
Change on year
down 58.9%
World rank
53rd
of 199 countries
All-time high
1.21 billion BoP, current US$
in 2022
All-time low
-175.13 million BoP, current US$
in 2010
Years of data
49
1976–2024
Net errors and omissions in Nepal, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net errors and omissions in Nepal stood at 376.05 million BoP, current US$.
Compared with earlier readings it is down 58.9% on the previous year and up 133.9% over ten years.
Over the whole period, net errors and omissions in Nepal peaked at 1.21 billion BoP, current US$ in 2022 and was at its lowest, -175.13 million BoP, current US$, in 2010.
Nepal ranks 53rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Nepal, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | -592,000 BoP, current US$ | — |
| 1977 | -601,124 BoP, current US$ | +1.5% |
| 1978 | 12.04 million BoP, current US$ | -2103.0% |
| 1979 | 4.79 million BoP, current US$ | -60.2% |
| 1980 | 5.37 million BoP, current US$ | +12.1% |
| 1981 | 8.32 million BoP, current US$ | +54.8% |
| 1982 | 16.50 million BoP, current US$ | +98.4% |
| 1983 | 25.30 million BoP, current US$ | +53.3% |
| 1984 | 14.84 million BoP, current US$ | -41.4% |
| 1985 | 923,723 BoP, current US$ | -93.8% |
| 1986 | 157,704 BoP, current US$ | -82.9% |
| 1987 | -552,526 BoP, current US$ | -450.4% |
| 1988 | 7.67 million BoP, current US$ | -1488.4% |
| 1989 | 204,859 BoP, current US$ | -97.3% |
| 1990 | 556,745 BoP, current US$ | +171.8% |
| 1991 | 218,863 BoP, current US$ | -60.7% |
| 1992 | 771,990 BoP, current US$ | +252.7% |
| 1993 | 176,632 BoP, current US$ | -77.1% |
| 1994 | 931,559 BoP, current US$ | +427.4% |
| 1995 | 374,912 BoP, current US$ | -59.8% |
| 1996 | 83.45 million BoP, current US$ | +22159.3% |
| 1997 | 216.04 million BoP, current US$ | +158.9% |
| 1998 | 131.89 million BoP, current US$ | -39.0% |
| 1999 | 58.67 million BoP, current US$ | -55.5% |
| 2000 | 145.70 million BoP, current US$ | +148.3% |
| 2001 | 256.77 million BoP, current US$ | +76.2% |
| 2002 | -66.72 million BoP, current US$ | -126.0% |
| 2003 | 309.53 million BoP, current US$ | -563.9% |
| 2004 | 424.51 million BoP, current US$ | +37.1% |
| 2005 | 139.09 million BoP, current US$ | -67.2% |
| 2006 | 108.36 million BoP, current US$ | -22.1% |
| 2007 | 17.72 million BoP, current US$ | -83.6% |
| 2008 | -107.25 million BoP, current US$ | -705.1% |
| 2009 | 7.03 million BoP, current US$ | -106.6% |
| 2010 | -175.13 million BoP, current US$ | -2590.7% |
| 2011 | 278.65 million BoP, current US$ | -259.1% |
| 2012 | 56.38 million BoP, current US$ | -79.8% |
| 2013 | 63.10 million BoP, current US$ | +11.9% |
| 2014 | 160.80 million BoP, current US$ | +154.9% |
| 2015 | -57.42 million BoP, current US$ | -135.7% |
| 2016 | 544.64 million BoP, current US$ | -1048.6% |
| 2017 | 609.22 million BoP, current US$ | +11.9% |
| 2018 | 1.05 billion BoP, current US$ | +71.9% |
| 2019 | 954.23 million BoP, current US$ | -8.9% |
| 2020 | 451.76 million BoP, current US$ | -52.7% |
| 2021 | 209.72 million BoP, current US$ | -53.6% |
| 2022 | 1.21 billion BoP, current US$ | +476.7% |
| 2023 | 913.96 million BoP, current US$ | -24.4% |
| 2024 | 376.05 million BoP, current US$ | -58.9% |
Nepal compared with similar countries
- Nepal's 376.05 million BoP, current US$ is above the median for lower middle income countries, which is 3.83 million BoP, current US$, 98.3× the median. (47 countries reporting)
- Nepal's 376.05 million BoP, current US$ is above the median for South Asia, which is 273.75 million BoP, current US$, 1.4× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +22159.3% | 374,912 BoP, current US$ | 83.45 million BoP, current US$ |
| 2010 | -2590.7% | 7.03 million BoP, current US$ | -175.13 million BoP, current US$ |
| 1978 | +2103.0% | -601,124 BoP, current US$ | 12.04 million BoP, current US$ |
| 1988 | +1488.4% | -552,526 BoP, current US$ | 7.67 million BoP, current US$ |
| 2016 | +1048.6% | -57.42 million BoP, current US$ | 544.64 million BoP, current US$ |
| 2008 | -705.1% | 17.72 million BoP, current US$ | -107.25 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.91 million BoP, current US$ | -601,124 BoP, current US$ | 12.04 million BoP, current US$ | 4 |
| 1980s | 7.87 million BoP, current US$ | -552,526 BoP, current US$ | 25.30 million BoP, current US$ | 10 |
| 1990s | 49.31 million BoP, current US$ | 176,632 BoP, current US$ | 216.04 million BoP, current US$ | 10 |
| 2000s | 123.47 million BoP, current US$ | -107.25 million BoP, current US$ | 424.51 million BoP, current US$ | 10 |
| 2010s | 348.16 million BoP, current US$ | -175.13 million BoP, current US$ | 1.05 billion BoP, current US$ | 10 |
| 2020s | 632.19 million BoP, current US$ | 209.72 million BoP, current US$ | 1.21 billion BoP, current US$ | 5 |
Countries ranked near Nepal
- 50 Gabon 452.22 million BoP, current US$ compare
- 51 Honduras 403.37 million BoP, current US$ compare
- 52 Romania 388.11 million BoP, current US$ compare
- 54 Bhutan 350.13 million BoP, current US$ compare
- 55 Latvia 342.81 million BoP, current US$ compare
- 56 Kosovo 254.67 million BoP, current US$ compare
- 56 Kosovo (UNSCR 1244) 254.67 million BoP, current US$ compare
More economy & growth data for Nepal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 56.90 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -23.95 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1.92 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 33.15 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Nepal?
- Net errors and omissions in Nepal was 376.05 million BoP, current US$ 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 Nepal?
- The highest recorded value was 1.21 billion BoP, current US$ in 2022.
- What is the lowest net errors and omissions recorded in Nepal?
- The lowest recorded value was -175.13 million BoP, current US$ in 2010.
- How does Nepal rank for net errors and omissions?
- Nepal ranks 53rd out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Nepal?
- Over the last ten years it is up 133.9%. The long-run trend across the full record is volatile.
- Where does this Nepal 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.