Net errors and omissions (BoP, current US$) in Rwanda
Rwanda: Net errors and omissions (BoP, current US$) was 178.66 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Rwanda, 2010–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Rwanda is 178.66 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 136.8% on the previous year and up 79.3% over ten years.
Over the whole period, net errors and omissions in Rwanda peaked at 327.92 million BoP, current US$ in 2016 and was at its lowest, -172.51 million BoP, current US$, in 2021.
Rwanda ranks 61st of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$) in Rwanda, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2010 | -29.17 million BoP, current US$ | — |
| 2011 | 180.15 million BoP, current US$ | -717.6% |
| 2012 | -73.36 million BoP, current US$ | -140.7% |
| 2013 | -128.83 million BoP, current US$ | +75.6% |
| 2014 | 99.65 million BoP, current US$ | -177.4% |
| 2015 | 279.80 million BoP, current US$ | +180.8% |
| 2016 | 327.92 million BoP, current US$ | +17.2% |
| 2017 | 156.02 million BoP, current US$ | -52.4% |
| 2018 | 15.19 million BoP, current US$ | -90.3% |
| 2019 | 156.69 million BoP, current US$ | +931.3% |
| 2020 | 128.27 million BoP, current US$ | -18.1% |
| 2021 | -172.51 million BoP, current US$ | -234.5% |
| 2022 | 88.03 million BoP, current US$ | -151.0% |
| 2023 | 75.43 million BoP, current US$ | -14.3% |
| 2024 | 178.66 million BoP, current US$ | +136.8% |
Rwanda compared with similar countries
- Rwanda's 178.66 million BoP, current US$ is above the median for low income countries, which is -8.15 million BoP, current US$. (23 countries reporting)
- Rwanda's 178.66 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -2.34 million BoP, current US$. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 98.41 million BoP, current US$ | -128.83 million BoP, current US$ | 327.92 million BoP, current US$ | 10 |
| 2020s | 59.58 million BoP, current US$ | -172.51 million BoP, current US$ | 178.66 million BoP, current US$ | 5 |
Countries ranked near Rwanda
- 59 Albania 241.46 million BoP, current US$ compare
- 60 Costa Rica 190.65 million BoP, current US$ compare
- 62 Bahamas 147.90 million BoP, current US$ compare
- 63 Mauritania 143.75 million BoP, current US$ compare
- 64 Bolivia 140.32 million BoP, current US$ compare
More economy & growth data for Rwanda
- Real gdp growth, annual growth rate -15.81 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.1 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -78.73 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.51 units per person (2025)
- SDRs holdings, SDR, annual growth rate -79.75 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.1 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Rwanda?
- Net errors and omissions in Rwanda was 178.66 million 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 Rwanda?
- The highest recorded value was 327.92 million BoP, current US$ in 2016.
- What is the lowest net errors and omissions recorded in Rwanda?
- The lowest recorded value was -172.51 million BoP, current US$ in 2021.
- How does Rwanda rank for net errors and omissions?
- Rwanda ranks 61st out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Rwanda?
- Over the last ten years it is up 79.3%. The long-run trend across the full record is volatile.
- Where does this Rwanda 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.