Net errors and omissions in Singapore
Singapore: Net errors and omissions was -1.11 billion BoP, current US$ in 2025. ◆ Volatile
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$, in 2006.
That places Singapore 161st out of 197 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 281.03 million BoP, current US$ | 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
- 158 Djibouti -872.54 million BoP, current US$ compare
- 159 Oman -1.01 billion BoP, current US$ compare
- 160 South Africa -1.10 billion BoP, current US$ compare
- 162 Slovenia -1.11 billion BoP, current US$ compare
- 163 Zambia -1.15 billion BoP, current US$ compare
- 164 Qatar -1.25 billion BoP, current US$ compare
More economy & growth data for Singapore
- External balance on goods and services as a percent of GDP 35.4% (2025)
- Inflation of consumer prices 0.9% (2025)
- GDP per capita 70,684 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 17.4% (2025)
- Gross domestic product (GDP) 431.96 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 70,684 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -14.11 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -10.79 billion current US$ (2025)
- Taxes less subsidies on products 45.11 billion current LCU (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 161st out of 197 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.
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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.