Net errors and omissions in Sri Lanka
Sri Lanka: Net errors and omissions was -325.42 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Sri Lanka, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net errors and omissions in Sri Lanka stood at -325.42 million BoP, current US$.
The figure is down 5,164.0% on the previous year and down 182.7% over ten years.
Over the whole period, net errors and omissions in Sri Lanka peaked at 764.71 million BoP, current US$ in 2020 and was at its lowest, -951.79 million BoP, current US$, in 2021.
Sri Lanka ranks 139th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.01 million BoP, current US$ | -17.68 million BoP, current US$ | 49.36 million BoP, current US$ | 5 |
| 1980s | -26.16 million BoP, current US$ | -122.46 million BoP, current US$ | 37.33 million BoP, current US$ | 10 |
| 1990s | 98.85 million BoP, current US$ | -115.06 million BoP, current US$ | 225.59 million BoP, current US$ | 10 |
| 2000s | 81.55 million BoP, current US$ | -184.31 million BoP, current US$ | 738.56 million BoP, current US$ | 10 |
| 2010s | -376.82 million BoP, current US$ | -867.24 million BoP, current US$ | 393.38 million BoP, current US$ | 10 |
| 2020s | -129.09 million BoP, current US$ | -951.79 million BoP, current US$ | 764.71 million BoP, current US$ | 5 |
Countries ranked near Sri Lanka
- 136 Laos -227.17 million BoP, current US$ compare
- 137 Tajikistan -239.52 million BoP, current US$ compare
- 138 Madagascar -240.77 million BoP, current US$ compare
- 140 Guatemala -332.97 million BoP, current US$ compare
- 141 Gambia -333.27 million BoP, current US$ compare
- 142 Philippines -346.43 million BoP, current US$ compare
More economy & growth data for Sri Lanka
- External balance on goods and services as a percent of GDP -3.9% (2025)
- Inflation of consumer prices -4.8% (2025)
- GDP per capita 4,439 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 17.1% (2025)
- Gross domestic product (GDP) 96.58 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,439 constant 2015 US$ (2025)
- DEC alternative conversion factor 300.95 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 2.39 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 7.96 billion current US$ (2025)
- Taxes less subsidies on products 3.79 trillion current LCU (2025)
Frequently asked questions
- What is net errors and omissions in Sri Lanka?
- Net errors and omissions in Sri Lanka was -325.42 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 Sri Lanka?
- The highest recorded value was 764.71 million BoP, current US$ in 2020.
- What is the lowest net errors and omissions recorded in Sri Lanka?
- The lowest recorded value was -951.79 million BoP, current US$ in 2021.
- How does Sri Lanka rank for net errors and omissions?
- Sri Lanka ranks 139th out of 197 countries with data for 2024.
- Is net errors and omissions rising or falling in Sri Lanka?
- Over the last ten years it is down 182.7%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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.