Net errors and omissions in Panama
Panama: Net errors and omissions was -3.54 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
-3.54 billion BoP, current US$
Change on year
down 5.7%
World rank
180th
of 199 countries
All-time high
1.66 billion BoP, current US$
in 2014
All-time low
-4.84 billion BoP, current US$
in 2022
Years of data
49
1977–2025
Net errors and omissions in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net errors and omissions in Panama stood at -3.54 billion BoP, current US$.
That represents a change of down 5.7% on the previous year and down 113.5% over ten years.
Over the whole period, net errors and omissions in Panama peaked at 1.66 billion BoP, current US$ in 2014 and was at its lowest, -4.84 billion BoP, current US$, in 2022.
That places Panama 180th out of 199 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Panama, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -70.10 million BoP, current US$ | — |
| 1978 | -1.50 million BoP, current US$ | -97.9% |
| 1979 | -421.40 million BoP, current US$ | +27993.3% |
| 1980 | 622.80 million BoP, current US$ | -247.8% |
| 1981 | 59.70 million BoP, current US$ | -90.4% |
| 1982 | -252.90 million BoP, current US$ | -523.6% |
| 1983 | -312.20 million BoP, current US$ | +23.4% |
| 1984 | 139.60 million BoP, current US$ | -144.7% |
| 1985 | -120.90 million BoP, current US$ | -186.6% |
| 1986 | 141.20 million BoP, current US$ | -216.8% |
| 1987 | -385.80 million BoP, current US$ | -373.2% |
| 1988 | -745.30 million BoP, current US$ | +93.2% |
| 1989 | -236.30 million BoP, current US$ | -68.3% |
| 1990 | -110.40 million BoP, current US$ | -53.3% |
| 1991 | 610.80 million BoP, current US$ | -653.3% |
| 1992 | 390.20 million BoP, current US$ | -36.1% |
| 1993 | 309.00 million BoP, current US$ | -20.8% |
| 1994 | -89.60 million BoP, current US$ | -129.0% |
| 1995 | 9.60 million BoP, current US$ | -110.7% |
| 1996 | -99.00 million BoP, current US$ | -1131.2% |
| 1997 | -197.10 million BoP, current US$ | +99.1% |
| 1998 | 672.50 million BoP, current US$ | -441.2% |
| 1999 | -966.60 million BoP, current US$ | -243.7% |
| 2000 | 654.10 million BoP, current US$ | -167.7% |
| 2001 | -399.10 million BoP, current US$ | -161.0% |
| 2002 | 58.40 million BoP, current US$ | -114.6% |
| 2003 | 283.70 million BoP, current US$ | +385.8% |
| 2004 | -100.90 million BoP, current US$ | -135.6% |
| 2005 | -241.40 million BoP, current US$ | +139.2% |
| 2006 | 300.70 million BoP, current US$ | -224.6% |
| 2007 | -313.60 million BoP, current US$ | -204.3% |
| 2008 | 405.90 million BoP, current US$ | -229.4% |
| 2009 | 409.00 million BoP, current US$ | +0.8% |
| 2010 | 218.10 million BoP, current US$ | -46.7% |
| 2011 | -356.40 million BoP, current US$ | -263.4% |
| 2012 | 328.50 million BoP, current US$ | -192.2% |
| 2013 | -881.70 million BoP, current US$ | -368.4% |
| 2014 | 1.66 billion BoP, current US$ | -288.0% |
| 2015 | -1.66 billion BoP, current US$ | -200.0% |
| 2016 | -3.18 billion BoP, current US$ | +91.8% |
| 2017 | -2.44 billion BoP, current US$ | -23.4% |
| 2018 | 517.36 million BoP, current US$ | -121.2% |
| 2019 | 8.00 million BoP, current US$ | -98.5% |
| 2020 | -2.18 billion BoP, current US$ | -27408.3% |
| 2021 | -877.67 million BoP, current US$ | -59.8% |
| 2022 | -4.84 billion BoP, current US$ | +451.1% |
| 2023 | 811.68 million BoP, current US$ | -116.8% |
| 2024 | -3.35 billion BoP, current US$ | -512.7% |
| 2025 | -3.54 billion BoP, current US$ | +5.7% |
Panama compared with similar countries
- Panama's -3.54 billion BoP, current US$ is below the median for high income countries, which is -132.48 million BoP, current US$, 26.7× the median. (71 countries reporting)
- Panama's -3.54 billion BoP, current US$ is below the median for Latin America & Caribbean, which is -31.77 million BoP, current US$, 111.4× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | -27993.3% | -1.50 million BoP, current US$ | -421.40 million BoP, current US$ |
| 2020 | -27408.3% | 8.00 million BoP, current US$ | -2.18 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -164.33 million BoP, current US$ | -421.40 million BoP, current US$ | -1.50 million BoP, current US$ | 3 |
| 1980s | -109.01 million BoP, current US$ | -745.30 million BoP, current US$ | 622.80 million BoP, current US$ | 10 |
| 1990s | 52.94 million BoP, current US$ | -966.60 million BoP, current US$ | 672.50 million BoP, current US$ | 10 |
| 2000s | 105.68 million BoP, current US$ | -399.10 million BoP, current US$ | 654.10 million BoP, current US$ | 10 |
| 2010s | -578.34 million BoP, current US$ | -3.18 billion BoP, current US$ | 1.66 billion BoP, current US$ | 10 |
| 2020s | -2.33 billion BoP, current US$ | -4.84 billion BoP, current US$ | 811.68 million BoP, current US$ | 6 |
Countries ranked near Panama
- 177 Venezuela -2.79 billion BoP, current US$ compare
- 178 Ecuador -2.81 billion BoP, current US$ compare
- 179 Uzbekistan -3.52 billion BoP, current US$ compare
- 181 South Korea -3.55 billion BoP, current US$ compare
- 182 Bulgaria -4.02 billion BoP, current US$ compare
- 183 Argentina -4.18 billion BoP, current US$ compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Panama?
- Net errors and omissions in Panama was -3.54 billion BoP, current US$ 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 Panama?
- The highest recorded value was 1.66 billion BoP, current US$ in 2014.
- What is the lowest net errors and omissions recorded in Panama?
- The lowest recorded value was -4.84 billion BoP, current US$ in 2022.
- How does Panama rank for net errors and omissions?
- Panama ranks 180th out of 199 countries with data for 2025.
- Is net errors and omissions rising or falling in Panama?
- Over the last ten years it is down 113.5%. The long-run trend across the full record is volatile.
- Where does this Panama 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 — 49 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.