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$, in 2007.
Norway ranks 4th of 197 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 394.67 million BoP, current US$ | 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
- External balance on goods and services as a percent of GDP 11.7% (2025)
- Inflation of consumer prices 3.1% (2025)
- GDP per capita 83,813 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.1% (2025)
- Gross domestic product (GDP) 470.26 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 83,813 constant 2015 US$ (2025)
- DEC alternative conversion factor 10.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -56.92 billion current LCU (2022)
- Net secondary income (Net current transfers from abroad) -5.92 billion current US$ (2022)
- Taxes less subsidies on products 488.47 billion current LCU (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 197 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.
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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.