Net errors and omissions in Nicaragua
Nicaragua: Net errors and omissions was -1.44 billion BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Nicaragua, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Nicaragua is -1.44 billion BoP, current US$, measured in 2024. That is the lowest value across all 48 years on record.
Compared with earlier readings it is down 31.2% on the previous year and down 148.5% over ten years.
Over the whole period, net errors and omissions in Nicaragua peaked at 320.07 million BoP, current US$ in 1997 and was at its lowest, -1.44 billion BoP, current US$, in 2024.
Nicaragua ranks 168th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -17.53 million BoP, current US$ | -38.50 million BoP, current US$ | -3.90 million BoP, current US$ | 3 |
| 1980s | -64.25 million BoP, current US$ | -185.94 million BoP, current US$ | 48.32 million BoP, current US$ | 10 |
| 1990s | 27.04 million BoP, current US$ | -297.32 million BoP, current US$ | 320.07 million BoP, current US$ | 10 |
| 2000s | -98.32 million BoP, current US$ | -405.60 million BoP, current US$ | 226.50 million BoP, current US$ | 10 |
| 2010s | -381.91 million BoP, current US$ | -602.30 million BoP, current US$ | 141.10 million BoP, current US$ | 10 |
| 2020s | -901.98 million BoP, current US$ | -1.44 billion BoP, current US$ | -509.49 million BoP, current US$ | 5 |
Countries ranked near Nicaragua
- 165 Iran -1.35 billion BoP, current US$ compare
- 166 Slovakia -1.43 billion BoP, current US$ compare
- 167 Angola -1.43 billion BoP, current US$ compare
- 169 Bolivia -1.48 billion BoP, current US$ compare
- 170 Chile -1.81 billion BoP, current US$ compare
- 171 Czechia -1.82 billion BoP, current US$ compare
More economy & growth data for Nicaragua
- External balance on goods and services as a percent of GDP -13.3% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 2,372 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 12.6% (2025)
- Gross domestic product (GDP) 16.62 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,372 constant 2015 US$ (2025)
- DEC alternative conversion factor 36.62 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 225.76 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.16 billion current US$ (2025)
- Taxes less subsidies on products 90.12 billion current LCU (2025)
Frequently asked questions
- What is net errors and omissions in Nicaragua?
- Net errors and omissions in Nicaragua was -1.44 billion 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 Nicaragua?
- The highest recorded value was 320.07 million BoP, current US$ in 1997.
- What is the lowest net errors and omissions recorded in Nicaragua?
- The lowest recorded value was -1.44 billion BoP, current US$ in 2024.
- How does Nicaragua rank for net errors and omissions?
- Nicaragua ranks 168th out of 197 countries with data for 2024.
- Is net errors and omissions rising or falling in Nicaragua?
- Over the last ten years it is down 148.5%. The long-run trend across the full record is volatile.
- Where does this Nicaragua 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.