Net errors and omissions in Senegal
Senegal: Net errors and omissions was 11.13 million BoP, current US$ in 2023. ◆ Volatile
Net errors and omissions in Senegal, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Senegal is 11.13 million BoP, current US$, measured in 2023.
Compared with earlier readings it is up 222.5% on the previous year and down 2.3% over ten years.
Over the whole period, net errors and omissions in Senegal peaked at 30.79 million BoP, current US$ in 2002 and was at its lowest, -34.02 million BoP, current US$, in 1979.
That places Senegal 82nd out of 197 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.49 million BoP, current US$ | -34.02 million BoP, current US$ | 19.18 million BoP, current US$ | 6 |
| 1980s | -3.56 million BoP, current US$ | -30.39 million BoP, current US$ | 15.24 million BoP, current US$ | 10 |
| 1990s | -1.02 million BoP, current US$ | -21.88 million BoP, current US$ | 12.43 million BoP, current US$ | 10 |
| 2000s | 10.38 million BoP, current US$ | -8.84 million BoP, current US$ | 30.79 million BoP, current US$ | 10 |
| 2010s | 6.64 million BoP, current US$ | -3.92 million BoP, current US$ | 11.39 million BoP, current US$ | 10 |
| 2020s | 6.20 million BoP, current US$ | -9.09 million BoP, current US$ | 11.60 million BoP, current US$ | 4 |
Countries ranked near Senegal
- 79 Montenegro 13.05 million BoP, current US$ compare
- 80 Bosnia and Herzegovina 12.79 million BoP, current US$ compare
- 81 Solomon Islands 11.60 million BoP, current US$ compare
- 83 Sint Maarten (Dutch part) 11.07 million BoP, current US$ compare
- 84 Cameroon 9.06 million BoP, current US$ compare
- 85 Cote d'Ivoire 6.96 million BoP, current US$ compare
More economy & growth data for Senegal
- External balance on goods and services as a percent of GDP -6.1% (2025)
- Inflation of consumer prices 1.5% (2025)
- GDP per capita 1,582 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.2% (2025)
- Gross domestic product (GDP) 29.96 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,582 constant 2015 US$ (2025)
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 2.51 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 4.31 billion current US$ (2025)
- Taxes less subsidies on products 2.25 trillion current LCU (2025)
Frequently asked questions
- What is net errors and omissions in Senegal?
- Net errors and omissions in Senegal was 11.13 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Senegal?
- The highest recorded value was 30.79 million BoP, current US$ in 2002.
- What is the lowest net errors and omissions recorded in Senegal?
- The lowest recorded value was -34.02 million BoP, current US$ in 1979.
- How does Senegal rank for net errors and omissions?
- Senegal ranks 82nd out of 197 countries with data for 2023.
- Is net errors and omissions rising or falling in Senegal?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is volatile.
- Where does this Senegal 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.