Net errors and omissions in Singapore
Singapore: Net errors and omissions was -1.11 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
-1.11 billion BoP, current US$
Change on year
down 137.8%
World rank
163rd
of 199 countries
All-time high
4.59 billion BoP, current US$
in 1993
All-time low
-6.12 billion BoP, current US$
in 2006
Years of data
54
1972–2025
Net errors and omissions in Singapore, 1972–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Singapore is -1.11 billion BoP, current US$, measured in 2025.
That represents a change of down 137.8% on the previous year and up 72.8% over ten years.
Over the whole period, net errors and omissions in Singapore peaked at 4.59 billion BoP, current US$ in 1993 and was at its lowest, -6.12 billion BoP, current US$, in 2006.
That places Singapore 163rd out of 199 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Singapore, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1972 | 434.49 million BoP, current US$ | — |
| 1973 | 209.98 million BoP, current US$ | -51.7% |
| 1974 | 815.80 million BoP, current US$ | +288.5% |
| 1975 | 411.59 million BoP, current US$ | -49.5% |
| 1976 | 16.59 million BoP, current US$ | -96.0% |
| 1977 | 1.23 million BoP, current US$ | -92.6% |
| 1978 | 104.22 million BoP, current US$ | +8374.5% |
| 1979 | 254.31 million BoP, current US$ | +144.0% |
| 1980 | 643.10 million BoP, current US$ | +152.9% |
| 1981 | 211.58 million BoP, current US$ | -67.1% |
| 1982 | 164.02 million BoP, current US$ | -22.5% |
| 1983 | -793.64 million BoP, current US$ | -583.9% |
| 1984 | 329.10 million BoP, current US$ | -141.5% |
| 1985 | 642.68 million BoP, current US$ | +95.3% |
| 1986 | 681.08 million BoP, current US$ | +6.0% |
| 1987 | 793.45 million BoP, current US$ | +16.5% |
| 1988 | -1.21 billion BoP, current US$ | -252.2% |
| 1989 | -1.44 billion BoP, current US$ | +19.1% |
| 1990 | -1.59 billion BoP, current US$ | +10.5% |
| 1991 | -2.99 billion BoP, current US$ | +88.0% |
| 1992 | -1.56 billion BoP, current US$ | -47.9% |
| 1993 | 4.59 billion BoP, current US$ | -395.2% |
| 1994 | 2.31 billion BoP, current US$ | -49.8% |
| 1995 | -317.56 million BoP, current US$ | -113.8% |
| 1996 | 3.45 billion BoP, current US$ | -1186.5% |
| 1997 | 152.14 million BoP, current US$ | -95.6% |
| 1998 | -570.09 million BoP, current US$ | -474.7% |
| 1999 | 3.08 billion BoP, current US$ | -640.1% |
| 2000 | 2.03 billion BoP, current US$ | -34.1% |
| 2001 | -770.60 million BoP, current US$ | -138.0% |
| 2002 | -1.43 billion BoP, current US$ | +85.3% |
| 2003 | -2.68 billion BoP, current US$ | +87.9% |
| 2004 | -1.95 billion BoP, current US$ | -27.2% |
| 2005 | -1.87 billion BoP, current US$ | -4.2% |
| 2006 | -6.12 billion BoP, current US$ | +226.9% |
| 2007 | -1.26 billion BoP, current US$ | -79.5% |
| 2008 | -2.91 billion BoP, current US$ | +131.6% |
| 2009 | 2.36 billion BoP, current US$ | -181.0% |
| 2010 | 4.45 billion BoP, current US$ | +88.5% |
| 2011 | 69.65 million BoP, current US$ | -98.4% |
| 2012 | -1.64 billion BoP, current US$ | -2457.0% |
| 2013 | 1.97 billion BoP, current US$ | -219.9% |
| 2014 | -2.43 billion BoP, current US$ | -223.3% |
| 2015 | -4.07 billion BoP, current US$ | +67.8% |
| 2016 | -1.58 billion BoP, current US$ | -61.2% |
| 2017 | -1.71 billion BoP, current US$ | +7.9% |
| 2018 | -408.87 million BoP, current US$ | -76.0% |
| 2019 | 2.08 billion BoP, current US$ | -609.9% |
| 2020 | -580.76 million BoP, current US$ | -127.9% |
| 2021 | 2.47 billion BoP, current US$ | -524.8% |
| 2022 | 1.60 billion BoP, current US$ | -35.3% |
| 2023 | 1.10 billion BoP, current US$ | -31.0% |
| 2024 | 2.93 billion BoP, current US$ | +166.4% |
| 2025 | -1.11 billion BoP, current US$ | -137.8% |
Singapore compared with similar countries
- Singapore's -1.11 billion BoP, current US$ is below the median for high income countries, which is -132.48 million BoP, current US$, 8.4× the median. (71 countries reporting)
- Singapore's -1.11 billion BoP, current US$ is below the median for East Asia & Pacific, which is -34.59 million BoP, current US$, 32.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +8374.5% | 1.23 million BoP, current US$ | 104.22 million BoP, current US$ |
| 2012 | -2457.0% | 69.65 million BoP, current US$ | -1.64 billion BoP, current US$ |
| 1996 | +1186.5% | -317.56 million BoP, current US$ | 3.45 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 281.03 million BoP, current US$ | 1.23 million BoP, current US$ | 815.80 million BoP, current US$ | 8 |
| 1980s | 2.58 million BoP, current US$ | -1.44 billion BoP, current US$ | 793.45 million BoP, current US$ | 10 |
| 1990s | 655.99 million BoP, current US$ | -2.99 billion BoP, current US$ | 4.59 billion BoP, current US$ | 10 |
| 2000s | -1.46 billion BoP, current US$ | -6.12 billion BoP, current US$ | 2.36 billion BoP, current US$ | 10 |
| 2010s | -326.67 million BoP, current US$ | -4.07 billion BoP, current US$ | 4.45 billion BoP, current US$ | 10 |
| 2020s | 1.07 billion BoP, current US$ | -1.11 billion BoP, current US$ | 2.93 billion BoP, current US$ | 6 |
Countries ranked near Singapore
- 160 Djibouti -872.54 million BoP, current US$ compare
- 161 Oman -1.01 billion BoP, current US$ compare
- 162 South Africa -1.10 billion BoP, current US$ compare
- 164 Slovenia -1.11 billion BoP, current US$ compare
- 165 Zambia -1.15 billion BoP, current US$ compare
- 166 Qatar -1.25 billion BoP, current US$ compare
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Singapore?
- Net errors and omissions in Singapore was -1.11 billion BoP, current US$ 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 Singapore?
- The highest recorded value was 4.59 billion BoP, current US$ in 1993.
- What is the lowest net errors and omissions recorded in Singapore?
- The lowest recorded value was -6.12 billion BoP, current US$ in 2006.
- How does Singapore rank for net errors and omissions?
- Singapore ranks 163rd out of 199 countries with data for 2025.
- Is net errors and omissions rising or falling in Singapore?
- Over the last ten years it is up 72.8%. The long-run trend across the full record is volatile.
- Where does this Singapore 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 — 54 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.