Net errors and omissions in South Africa
South Africa: Net errors and omissions was -1.10 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
-1.10 billion BoP, current US$
Change on year
down 10.6%
World rank
162nd
of 199 countries
All-time high
6.60 billion BoP, current US$
in 2008
All-time low
-6.54 billion BoP, current US$
in 2009
Years of data
66
1960–2025
Net errors and omissions in South Africa, 1960–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net errors and omissions in South Africa stood at -1.10 billion BoP, current US$.
Compared with earlier readings it is down 10.6% on the previous year and up 22.1% over ten years.
Over the whole period, net errors and omissions in South Africa peaked at 6.60 billion BoP, current US$ in 2008 and was at its lowest, -6.54 billion BoP, current US$, in 2009.
South Africa ranks 162nd of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in South Africa, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | -249.20 million BoP, current US$ | — |
| 1961 | -149.80 million BoP, current US$ | -39.9% |
| 1962 | -109.20 million BoP, current US$ | -27.1% |
| 1963 | -74.20 million BoP, current US$ | -32.1% |
| 1964 | 36.40 million BoP, current US$ | -149.1% |
| 1965 | 459.20 million BoP, current US$ | +1161.5% |
| 1966 | 343.00 million BoP, current US$ | -25.3% |
| 1967 | 348.60 million BoP, current US$ | +1.6% |
| 1968 | 767.20 million BoP, current US$ | +120.1% |
| 1969 | 389.20 million BoP, current US$ | -49.3% |
| 1970 | 889.00 million BoP, current US$ | +128.4% |
| 1971 | 1.15 billion BoP, current US$ | +29.8% |
| 1972 | 657.10 million BoP, current US$ | -43.0% |
| 1973 | 101.31 million BoP, current US$ | -84.6% |
| 1974 | 1.28 billion BoP, current US$ | +1163.4% |
| 1975 | 2.55 billion BoP, current US$ | +98.9% |
| 1976 | 1.32 billion BoP, current US$ | -48.3% |
| 1977 | -638.25 million BoP, current US$ | -148.5% |
| 1978 | -1.06 billion BoP, current US$ | +65.9% |
| 1979 | -2.95 billion BoP, current US$ | +178.6% |
| 1980 | -2.41 billion BoP, current US$ | -18.4% |
| 1981 | 3.58 billion BoP, current US$ | -248.5% |
| 1982 | 4.37 billion BoP, current US$ | +22.2% |
| 1983 | 1.28 billion BoP, current US$ | -70.8% |
| 1984 | 1.36 billion BoP, current US$ | +6.7% |
| 1985 | -801.55 million BoP, current US$ | -158.9% |
| 1986 | 100.64 million BoP, current US$ | -112.6% |
| 1987 | -698.40 million BoP, current US$ | -794.0% |
| 1988 | -905.11 million BoP, current US$ | +29.6% |
| 1989 | -295.25 million BoP, current US$ | -67.4% |
| 1990 | -159.89 million BoP, current US$ | -45.8% |
| 1991 | 176.26 million BoP, current US$ | -210.2% |
| 1992 | -1.22 billion BoP, current US$ | -792.9% |
| 1993 | -2.47 billion BoP, current US$ | +102.0% |
| 1994 | -514.49 million BoP, current US$ | -79.1% |
| 1995 | -891.97 million BoP, current US$ | +73.4% |
| 1996 | -2.45 billion BoP, current US$ | +174.4% |
| 1997 | -1.19 billion BoP, current US$ | -51.4% |
| 1998 | -1.84 billion BoP, current US$ | +54.5% |
| 1999 | -556.00 million BoP, current US$ | -69.7% |
| 2000 | 641.54 million BoP, current US$ | -215.4% |
| 2001 | 949.21 million BoP, current US$ | +48.0% |
| 2002 | -686.31 million BoP, current US$ | -172.3% |
| 2003 | 3.05 billion BoP, current US$ | -544.7% |
| 2004 | 5.25 billion BoP, current US$ | +72.0% |
| 2005 | 1.16 billion BoP, current US$ | -77.9% |
| 2006 | -307.76 million BoP, current US$ | -126.6% |
| 2007 | 342.57 million BoP, current US$ | -211.3% |
| 2008 | 6.60 billion BoP, current US$ | +1826.5% |
| 2009 | -6.54 billion BoP, current US$ | -199.1% |
| 2010 | -2.12 billion BoP, current US$ | -67.6% |
| 2011 | -3.20 billion BoP, current US$ | +50.9% |
| 2012 | -3.95 billion BoP, current US$ | +23.5% |
| 2013 | 2.76 billion BoP, current US$ | -169.8% |
| 2014 | -4.65 billion BoP, current US$ | -268.8% |
| 2015 | -1.41 billion BoP, current US$ | -69.7% |
| 2016 | -254.17 million BoP, current US$ | -82.0% |
| 2017 | 840.79 million BoP, current US$ | -430.8% |
| 2018 | 716.79 million BoP, current US$ | -14.7% |
| 2019 | 2.99 billion BoP, current US$ | +316.9% |
| 2020 | 1.08 billion BoP, current US$ | -63.7% |
| 2021 | 1.29 billion BoP, current US$ | +19.3% |
| 2022 | -801.79 million BoP, current US$ | -162.0% |
| 2023 | 375.58 million BoP, current US$ | -146.8% |
| 2024 | -991.84 million BoP, current US$ | -364.1% |
| 2025 | -1.10 billion BoP, current US$ | +10.6% |
South Africa compared with similar countries
- South Africa's -1.10 billion BoP, current US$ is below the median for upper middle income countries, which is 2.76 million BoP, current US$. (57 countries reporting)
- South Africa's -1.10 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -8.15 million BoP, current US$, 134.6× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in South Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +1826.5% | 342.57 million BoP, current US$ | 6.60 billion BoP, current US$ |
| 1965 | +1161.5% | 36.40 million BoP, current US$ | 459.20 million BoP, current US$ |
| 1974 | +1163.4% | 101.31 million BoP, current US$ | 1.28 billion BoP, current US$ |
| 1987 | -794.0% | 100.64 million BoP, current US$ | -698.40 million BoP, current US$ |
| 1992 | -792.9% | 176.26 million BoP, current US$ | -1.22 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 176.12 million BoP, current US$ | -249.20 million BoP, current US$ | 767.20 million BoP, current US$ | 10 |
| 1970s | 329.45 million BoP, current US$ | -2.95 billion BoP, current US$ | 2.55 billion BoP, current US$ | 10 |
| 1980s | 557.23 million BoP, current US$ | -2.41 billion BoP, current US$ | 4.37 billion BoP, current US$ | 10 |
| 1990s | -1.11 billion BoP, current US$ | -2.47 billion BoP, current US$ | 176.26 million BoP, current US$ | 10 |
| 2000s | 1.05 billion BoP, current US$ | -6.54 billion BoP, current US$ | 6.60 billion BoP, current US$ | 10 |
| 2010s | -827.59 million BoP, current US$ | -4.65 billion BoP, current US$ | 2.99 billion BoP, current US$ | 10 |
| 2020s | -22.85 million BoP, current US$ | -1.10 billion BoP, current US$ | 1.29 billion BoP, current US$ | 6 |
Countries ranked near South Africa
- 159 Liberia -860.70 million BoP, current US$ compare
- 160 Djibouti -872.54 million BoP, current US$ compare
- 161 Oman -1.01 billion BoP, current US$ compare
- 163 Singapore -1.11 billion BoP, current US$ compare
- 164 Slovenia -1.11 billion BoP, current US$ compare
- 165 Zambia -1.15 billion BoP, current US$ compare
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -61.95 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -2.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -192.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0051 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -33.37 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 16.18 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in South Africa?
- Net errors and omissions in South Africa was -1.10 billion BoP, current US$ 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 South Africa?
- The highest recorded value was 6.60 billion BoP, current US$ in 2008.
- What is the lowest net errors and omissions recorded in South Africa?
- The lowest recorded value was -6.54 billion BoP, current US$ in 2009.
- How does South Africa rank for net errors and omissions?
- South Africa ranks 162nd out of 199 countries with data for 2025.
- Is net errors and omissions rising or falling in South Africa?
- Over the last ten years it is up 22.1%. The long-run trend across the full record is volatile.
- Where does this South Africa 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.