Net errors and omissions (BoP, current US$) in Nicaragua
Nicaragua: Net errors and omissions (BoP, current US$) 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$, in 2024.
Nicaragua ranks 169th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$) in Nicaragua, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -3.90 million BoP, current US$ | — |
| 1978 | -10.20 million BoP, current US$ | +161.5% |
| 1979 | -38.50 million BoP, current US$ | +277.5% |
| 1980 | -74.68 million BoP, current US$ | +94.0% |
| 1981 | 15.80 million BoP, current US$ | -121.2% |
| 1982 | 10.80 million BoP, current US$ | -31.6% |
| 1983 | -105.26 million BoP, current US$ | -1074.7% |
| 1984 | -38.19 million BoP, current US$ | -63.7% |
| 1985 | -185.94 million BoP, current US$ | +386.8% |
| 1986 | -179.91 million BoP, current US$ | -3.2% |
| 1987 | -78.80 million BoP, current US$ | -56.2% |
| 1988 | 48.32 million BoP, current US$ | -161.3% |
| 1989 | -54.68 million BoP, current US$ | -213.2% |
| 1990 | -149.20 million BoP, current US$ | +172.9% |
| 1991 | 17.20 million BoP, current US$ | -111.5% |
| 1992 | 60.27 million BoP, current US$ | +250.4% |
| 1993 | 128.01 million BoP, current US$ | +112.4% |
| 1994 | 43.51 million BoP, current US$ | -66.0% |
| 1995 | 142.65 million BoP, current US$ | +227.9% |
| 1996 | 146.47 million BoP, current US$ | +2.7% |
| 1997 | 320.07 million BoP, current US$ | +118.5% |
| 1998 | -141.26 million BoP, current US$ | -144.1% |
| 1999 | -297.32 million BoP, current US$ | +110.5% |
| 2000 | 159.80 million BoP, current US$ | -153.7% |
| 2001 | 226.50 million BoP, current US$ | +41.7% |
| 2002 | -328.00 million BoP, current US$ | -244.8% |
| 2003 | -100.20 million BoP, current US$ | -69.5% |
| 2004 | -405.60 million BoP, current US$ | +304.8% |
| 2005 | -64.53 million BoP, current US$ | -84.1% |
| 2006 | -221.40 million BoP, current US$ | +243.1% |
| 2007 | -130.10 million BoP, current US$ | -41.2% |
| 2008 | 3.90 million BoP, current US$ | -103.0% |
| 2009 | -123.60 million BoP, current US$ | -3269.2% |
| 2010 | 141.10 million BoP, current US$ | -214.2% |
| 2011 | -588.10 million BoP, current US$ | -516.8% |
| 2012 | -602.30 million BoP, current US$ | +2.4% |
| 2013 | -269.60 million BoP, current US$ | -55.2% |
| 2014 | -580.70 million BoP, current US$ | +115.4% |
| 2015 | -426.50 million BoP, current US$ | -26.6% |
| 2016 | -195.50 million BoP, current US$ | -54.2% |
| 2017 | -272.90 million BoP, current US$ | +39.6% |
| 2018 | -507.70 million BoP, current US$ | +86.0% |
| 2019 | -516.90 million BoP, current US$ | +1.8% |
| 2020 | -590.91 million BoP, current US$ | +14.3% |
| 2021 | -509.49 million BoP, current US$ | -13.8% |
| 2022 | -867.12 million BoP, current US$ | +70.2% |
| 2023 | -1.10 billion BoP, current US$ | +26.8% |
| 2024 | -1.44 billion BoP, current US$ | +31.2% |
Nicaragua compared with similar countries
- Nicaragua's -1.44 billion BoP, current US$ is below the median for lower middle income countries, which is 11.13 million BoP, current US$. (47 countries reporting)
- Nicaragua's -1.44 billion BoP, current US$ is below the median for Latin America & Caribbean, which is -31.22 million BoP, current US$, 46.2× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$) in Nicaragua 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 |
|---|---|---|---|
| 2009 | -3269.2% | 3.90 million BoP, current US$ | -123.60 million BoP, current US$ |
| 1983 | -1074.7% | 10.80 million BoP, current US$ | -105.26 million BoP, current US$ |
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
More economy & growth data for Nicaragua
- Real gdp growth, annual growth rate 37.5 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0168 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 53.46 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8097 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0123 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 39.04 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -11.79 % change on previous year (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 169th out of 199 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.