Net errors and omissions in Norway
Norway: Net errors and omissions was 20.91 billion BoP, current US$ in 2025. ◆ Volatile
Net errors and omissions in Norway, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Norway recorded 20.91 billion BoP, current US$ for net errors and omissions in 2025. That is the highest value across all 51 years on record.
The figure is up 411.8% on the previous year and up 178.0% over ten years.
Over the whole period, net errors and omissions in Norway peaked at 20.91 billion BoP, current US$ in 2025 and was at its lowest, -31.78 billion BoP, current US$, in 2007.
Norway ranks 4th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Norway, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | 201.10 million BoP, current US$ | — |
| 1976 | 213.54 million BoP, current US$ | +6.2% |
| 1977 | 406.74 million BoP, current US$ | +90.5% |
| 1978 | 543.41 million BoP, current US$ | +33.6% |
| 1979 | 608.54 million BoP, current US$ | +12.0% |
| 1980 | 936.19 million BoP, current US$ | +53.8% |
| 1981 | 31.21 million BoP, current US$ | -96.7% |
| 1982 | -37.01 million BoP, current US$ | -218.6% |
| 1983 | 416.52 million BoP, current US$ | -1225.3% |
| 1984 | -313.93 million BoP, current US$ | -175.4% |
| 1985 | -1.09 billion BoP, current US$ | +247.3% |
| 1986 | -1.64 billion BoP, current US$ | +50.7% |
| 1987 | -1.34 billion BoP, current US$ | -18.1% |
| 1988 | -1.13 billion BoP, current US$ | -16.3% |
| 1989 | -1.35 billion BoP, current US$ | +20.0% |
| 1990 | -2.79 billion BoP, current US$ | +106.7% |
| 1991 | -264.15 million BoP, current US$ | -90.5% |
| 1992 | -3.99 billion BoP, current US$ | +1408.8% |
| 1993 | -1.84 billion BoP, current US$ | -53.7% |
| 1994 | -1.97 billion BoP, current US$ | +7.0% |
| 1995 | -3.89 billion BoP, current US$ | +96.9% |
| 1996 | -2.95 billion BoP, current US$ | -24.0% |
| 1997 | -4.44 billion BoP, current US$ | +50.4% |
| 1998 | -6.44 billion BoP, current US$ | +44.9% |
| 1999 | -886.27 million BoP, current US$ | -86.2% |
| 2000 | -6.81 billion BoP, current US$ | +667.9% |
| 2001 | -1.17 billion BoP, current US$ | -82.8% |
| 2002 | -6.37 billion BoP, current US$ | +443.8% |
| 2003 | -6.41 billion BoP, current US$ | +0.7% |
| 2004 | -5.24 billion BoP, current US$ | -18.3% |
| 2005 | -116.81 million BoP, current US$ | -97.8% |
| 2006 | -14.39 billion BoP, current US$ | +12221.7% |
| 2007 | -31.78 billion BoP, current US$ | +120.8% |
| 2008 | 2.70 billion BoP, current US$ | -108.5% |
| 2009 | -7.04 billion BoP, current US$ | -360.9% |
| 2010 | -7.14 billion BoP, current US$ | +1.5% |
| 2011 | 13.36 billion BoP, current US$ | -287.1% |
| 2012 | -15.24 billion BoP, current US$ | -214.0% |
| 2013 | 9.84 billion BoP, current US$ | -164.6% |
| 2014 | -6.91 billion BoP, current US$ | -170.2% |
| 2015 | -26.79 billion BoP, current US$ | +287.6% |
| 2016 | 16.65 billion BoP, current US$ | -162.1% |
| 2017 | -12.36 billion BoP, current US$ | -174.3% |
| 2018 | -2.09 billion BoP, current US$ | -83.1% |
| 2019 | -20.20 billion BoP, current US$ | +864.7% |
| 2020 | -11.79 billion BoP, current US$ | -41.6% |
| 2021 | -1.47 billion BoP, current US$ | -87.6% |
| 2022 | -26.21 billion BoP, current US$ | +1688.4% |
| 2023 | 3.68 billion BoP, current US$ | -114.1% |
| 2024 | -6.71 billion BoP, current US$ | -282.0% |
| 2025 | 20.91 billion BoP, current US$ | -411.8% |
Norway compared with similar countries
- Norway's 20.91 billion BoP, current US$ is above the median for high income countries, which is -132.48 million BoP, current US$. (71 countries reporting)
- Norway's 20.91 billion BoP, current US$ is above the median for Europe & Central Asia, which is 27.46 million BoP, current US$, 761.2× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | -12221.7% | -116.81 million BoP, current US$ | -14.39 billion BoP, current US$ |
| 2022 | -1688.4% | -1.47 billion BoP, current US$ | -26.21 billion BoP, current US$ |
| 1992 | -1408.8% | -264.15 million BoP, current US$ | -3.99 billion BoP, current US$ |
| 1983 | +1225.3% | -37.01 million BoP, current US$ | 416.52 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 394.67 million BoP, current US$ | 201.10 million BoP, current US$ | 608.54 million BoP, current US$ | 5 |
| 1980s | -552.32 million BoP, current US$ | -1.64 billion BoP, current US$ | 936.19 million BoP, current US$ | 10 |
| 1990s | -2.95 billion BoP, current US$ | -6.44 billion BoP, current US$ | -264.15 million BoP, current US$ | 10 |
| 2000s | -7.66 billion BoP, current US$ | -31.78 billion BoP, current US$ | 2.70 billion BoP, current US$ | 10 |
| 2010s | -5.09 billion BoP, current US$ | -26.79 billion BoP, current US$ | 16.65 billion BoP, current US$ | 10 |
| 2020s | -3.60 billion BoP, current US$ | -26.21 billion BoP, current US$ | 20.91 billion BoP, current US$ | 6 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Norway?
- Net errors and omissions in Norway was 20.91 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Norway?
- The highest recorded value was 20.91 billion BoP, current US$ in 2025.
- What is the lowest net errors and omissions recorded in Norway?
- The lowest recorded value was -31.78 billion BoP, current US$ in 2007.
- How does Norway rank for net errors and omissions?
- Norway ranks 4th out of 199 countries with data for 2025.
- Is net errors and omissions rising or falling in Norway?
- Over the last ten years it is up 178.0%. The long-run trend across the full record is volatile.
- Where does this Norway 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.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.