Net errors and omissions (BoP, current US$) in Sierra Leone
Sierra Leone: Net errors and omissions (BoP, current US$) was -25.03 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Sierra Leone, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Sierra Leone is -25.03 million BoP, current US$, measured in 2024.
Compared with earlier readings it is down 196.0% on the previous year and up 91.1% over ten years.
Over the whole period, net errors and omissions in Sierra Leone peaked at 545.76 million BoP, current US$ in 2015 and was at its lowest, -280.53 million BoP, current US$, in 2014.
Sierra Leone ranks 108th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$) in Sierra Leone, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 12.21 million BoP, current US$ | — |
| 1978 | 26.74 million BoP, current US$ | +119.0% |
| 1979 | 17.79 million BoP, current US$ | -33.5% |
| 1980 | -25.91 million BoP, current US$ | -245.7% |
| 1981 | -42.10 million BoP, current US$ | +62.5% |
| 1982 | 68.06 million BoP, current US$ | -261.7% |
| 1983 | 10.13 million BoP, current US$ | -85.1% |
| 1984 | -12.35 million BoP, current US$ | -221.9% |
| 1985 | -10.35 million BoP, current US$ | -16.2% |
| 1986 | 42.29 million BoP, current US$ | -508.8% |
| 1987 | -20.40 million BoP, current US$ | -148.2% |
| 1988 | -62.66 million BoP, current US$ | +207.2% |
| 1989 | 29.40 million BoP, current US$ | -146.9% |
| 1990 | 48.35 million BoP, current US$ | +64.5% |
| 1991 | -43.88 million BoP, current US$ | -190.7% |
| 1992 | 32.88 million BoP, current US$ | -174.9% |
| 1993 | 467,699 BoP, current US$ | -98.6% |
| 1994 | 105.67 million BoP, current US$ | +22492.7% |
| 1995 | -27.52 million BoP, current US$ | -126.0% |
| 1996 | 111.32 million BoP, current US$ | -504.5% |
| 1997 | 58.44 million BoP, current US$ | -47.5% |
| 1998 | 29.24 million BoP, current US$ | -50.0% |
| 1999 | 108.97 million BoP, current US$ | +272.6% |
| 2000 | -24.01 million BoP, current US$ | -122.0% |
| 2001 | 36.42 million BoP, current US$ | -251.7% |
| 2002 | -25.47 million BoP, current US$ | -169.9% |
| 2003 | -90.30 million BoP, current US$ | +254.6% |
| 2004 | -113.13 million BoP, current US$ | +25.3% |
| 2005 | -61.82 million BoP, current US$ | -45.4% |
| 2006 | -27.62 million BoP, current US$ | -55.3% |
| 2007 | -15.12 million BoP, current US$ | -45.3% |
| 2008 | -27.17 million BoP, current US$ | +79.8% |
| 2009 | 4.23 million BoP, current US$ | -115.6% |
| 2010 | 11.48 million BoP, current US$ | +171.1% |
| 2011 | 17.71 million BoP, current US$ | +54.3% |
| 2012 | 20.51 million BoP, current US$ | +15.8% |
| 2013 | 11.86 million BoP, current US$ | -42.2% |
| 2014 | -280.53 million BoP, current US$ | -2464.3% |
| 2015 | 545.76 million BoP, current US$ | -294.5% |
| 2016 | -140.05 million BoP, current US$ | -125.7% |
| 2017 | -76.42 million BoP, current US$ | -45.4% |
| 2018 | 172.66 million BoP, current US$ | -325.9% |
| 2019 | 11.50 million BoP, current US$ | -93.3% |
| 2020 | -35.65 million BoP, current US$ | -410.0% |
| 2021 | 39.80 million BoP, current US$ | -211.7% |
| 2022 | -71.03 million BoP, current US$ | -278.5% |
| 2023 | 26.06 million BoP, current US$ | -136.7% |
| 2024 | -25.03 million BoP, current US$ | -196.0% |
Sierra Leone compared with similar countries
- Sierra Leone's -25.03 million BoP, current US$ is below the median for low income countries, which is -8.15 million BoP, current US$, 3.1× the median. (23 countries reporting)
- Sierra Leone's -25.03 million BoP, current US$ is below the median for Sub-Saharan Africa, which is -2.34 million BoP, current US$, 10.7× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$) in Sierra Leone 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 |
|---|---|---|---|
| 1994 | +22492.7% | 467,699 BoP, current US$ | 105.67 million BoP, current US$ |
| 2014 | -2464.3% | 11.86 million BoP, current US$ | -280.53 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.91 million BoP, current US$ | 12.21 million BoP, current US$ | 26.74 million BoP, current US$ | 3 |
| 1980s | -2.39 million BoP, current US$ | -62.66 million BoP, current US$ | 68.06 million BoP, current US$ | 10 |
| 1990s | 42.39 million BoP, current US$ | -43.88 million BoP, current US$ | 111.32 million BoP, current US$ | 10 |
| 2000s | -34.40 million BoP, current US$ | -113.13 million BoP, current US$ | 36.42 million BoP, current US$ | 10 |
| 2010s | 29.45 million BoP, current US$ | -280.53 million BoP, current US$ | 545.76 million BoP, current US$ | 10 |
| 2020s | -13.17 million BoP, current US$ | -71.03 million BoP, current US$ | 39.80 million BoP, current US$ | 5 |
Countries ranked near Sierra Leone
- 105 Tonga -13.57 million BoP, current US$ compare
- 106 Antigua and Barbuda -19.23 million BoP, current US$ compare
- 107 Eritrea -22.87 million BoP, current US$ compare
- 109 Belize -31.22 million BoP, current US$ compare
- 110 Aruba -31.77 million BoP, current US$ compare
- 111 Chad -32.00 million BoP, current US$ compare
More economy & growth data for Sierra Leone
- Real gdp growth, annual growth rate -24.83 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.55 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.53 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -18.54 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0324 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 27.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -22.43 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0236 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 20.01 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 Sierra Leone?
- Net errors and omissions in Sierra Leone was -25.03 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 Sierra Leone?
- The highest recorded value was 545.76 million BoP, current US$ in 2015.
- What is the lowest net errors and omissions recorded in Sierra Leone?
- The lowest recorded value was -280.53 million BoP, current US$ in 2014.
- How does Sierra Leone rank for net errors and omissions?
- Sierra Leone ranks 108th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Sierra Leone?
- Over the last ten years it is up 91.1%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone 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.