Net errors and omissions in Sudan
Sudan: Net errors and omissions was 538.74 million BoP, current US$ in 2022. ◆ Volatile
Net errors and omissions in Sudan, 1977–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2022, net errors and omissions in Sudan stood at 538.74 million BoP, current US$.
That represents a change of down 55.1% on the previous year and down 76.8% over ten years.
Over the whole period, net errors and omissions in Sudan peaked at 2.32 billion BoP, current US$ in 2012 and was at its lowest, -1.15 billion BoP, current US$, in 2007.
That places Sudan 41st out of 199 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Sudan, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -14.52 million BoP, current US$ | — |
| 1978 | 14.04 million BoP, current US$ | -196.7% |
| 1979 | -65.23 million BoP, current US$ | -564.5% |
| 1980 | 62.11 million BoP, current US$ | -195.2% |
| 1981 | -206.80 million BoP, current US$ | -433.0% |
| 1982 | -138.85 million BoP, current US$ | -32.9% |
| 1983 | 174.79 million BoP, current US$ | -225.9% |
| 1984 | -1.23 million BoP, current US$ | -100.7% |
| 1985 | -120.74 million BoP, current US$ | +9710.1% |
| 1986 | -88.52 million BoP, current US$ | -26.7% |
| 1987 | -196.44 million BoP, current US$ | +121.9% |
| 1988 | 3.13 million BoP, current US$ | -101.6% |
| 1989 | -160.31 million BoP, current US$ | -5216.4% |
| 1990 | 9.50 million BoP, current US$ | -105.9% |
| 1991 | 97.90 million BoP, current US$ | +930.5% |
| 1992 | 31.00 million BoP, current US$ | -68.3% |
| 1993 | -82.59 million BoP, current US$ | -366.4% |
| 1994 | 344.80 million BoP, current US$ | -517.5% |
| 1995 | 49.80 million BoP, current US$ | -85.6% |
| 1996 | 691.95 million BoP, current US$ | +1289.5% |
| 1997 | 609.10 million BoP, current US$ | -12.0% |
| 1998 | 693.30 million BoP, current US$ | +13.8% |
| 1999 | 129.40 million BoP, current US$ | -81.3% |
| 2000 | 314.40 million BoP, current US$ | +143.0% |
| 2001 | -52.80 million BoP, current US$ | -116.8% |
| 2002 | 469.74 million BoP, current US$ | -989.7% |
| 2003 | -28.79 million BoP, current US$ | -106.1% |
| 2004 | 194.53 million BoP, current US$ | -775.7% |
| 2005 | 880.13 million BoP, current US$ | +352.4% |
| 2006 | 281.67 million BoP, current US$ | -68.0% |
| 2007 | -1.15 billion BoP, current US$ | -506.9% |
| 2008 | 985.51 million BoP, current US$ | -186.0% |
| 2009 | -162.40 million BoP, current US$ | -116.5% |
| 2010 | -307.44 million BoP, current US$ | +89.3% |
| 2011 | -765.27 million BoP, current US$ | +148.9% |
| 2012 | 2.32 billion BoP, current US$ | -403.0% |
| 2013 | 1.38 billion BoP, current US$ | -40.4% |
| 2014 | 1.44 billion BoP, current US$ | +3.9% |
| 2015 | 100.08 million BoP, current US$ | -93.0% |
| 2016 | 635.26 million BoP, current US$ | +534.7% |
| 2017 | 1.05 billion BoP, current US$ | +65.3% |
| 2018 | 1.55 billion BoP, current US$ | +47.9% |
| 2019 | 647.62 million BoP, current US$ | -58.3% |
| 2020 | 1.21 billion BoP, current US$ | +86.6% |
| 2021 | 1.20 billion BoP, current US$ | -0.7% |
| 2022 | 538.74 million BoP, current US$ | -55.1% |
Sudan compared with similar countries
- Sudan's 538.74 million BoP, current US$ is above the median for low income countries, which is -4.68 million BoP, current US$. (23 countries reporting)
- Sudan's 538.74 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -8.15 million BoP, current US$. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Sudan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | -9710.1% | -1.23 million BoP, current US$ | -120.74 million BoP, current US$ |
| 1989 | -5216.4% | 3.13 million BoP, current US$ | -160.31 million BoP, current US$ |
| 1996 | +1289.5% | 49.80 million BoP, current US$ | 691.95 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -21.90 million BoP, current US$ | -65.23 million BoP, current US$ | 14.04 million BoP, current US$ | 3 |
| 1980s | -67.29 million BoP, current US$ | -206.80 million BoP, current US$ | 174.79 million BoP, current US$ | 10 |
| 1990s | 257.42 million BoP, current US$ | -82.59 million BoP, current US$ | 693.30 million BoP, current US$ | 10 |
| 2000s | 173.60 million BoP, current US$ | -1.15 billion BoP, current US$ | 985.51 million BoP, current US$ | 10 |
| 2010s | 805.08 million BoP, current US$ | -765.27 million BoP, current US$ | 2.32 billion BoP, current US$ | 10 |
| 2020s | 982.69 million BoP, current US$ | 538.74 million BoP, current US$ | 1.21 billion BoP, current US$ | 3 |
Countries ranked near Sudan
- 38 Libya 711.10 million BoP, current US$ compare
- 39 Uganda 608.51 million BoP, current US$ compare
- 40 Bangladesh 591.90 million BoP, current US$ compare
- 42 Pakistan 520.00 million BoP, current US$ compare
- 43 East Timor 518.76 million BoP, current US$ compare
- 44 Malawi 494.44 million BoP, current US$ compare
More economy & growth data for Sudan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.1 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 54.24 million BoP, current US$ (2021)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0016 BoP, current US$ per US$ of GDP (2021)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.13 BoP, current US$ per person (2021)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 548.20 million BoP, current US$ (2023)
- Foreign direct investment, net inflows (BoP, current US$), annual -4.41 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2023)
- Foreign direct investment, net inflows (BoP, current US$), per capita 10.95 BoP, current US$ per person (2023)
- Total reserves (includes gold, current US$), annual growth rate 5.73 % change on previous year (2017)
Frequently asked questions
- What is net errors and omissions in Sudan?
- Net errors and omissions in Sudan was 538.74 million BoP, current US$ in 2022, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Sudan?
- The highest recorded value was 2.32 billion BoP, current US$ in 2012.
- What is the lowest net errors and omissions recorded in Sudan?
- The lowest recorded value was -1.15 billion BoP, current US$ in 2007.
- How does Sudan rank for net errors and omissions?
- Sudan ranks 41st out of 199 countries with data for 2022.
- Is net errors and omissions rising or falling in Sudan?
- Over the last ten years it is down 76.8%. The long-run trend across the full record is volatile.
- Where does this Sudan 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.