Net errors and omissions in Trinidad and Tobago
Trinidad and Tobago: Net errors and omissions was -563.94 million BoP, current US$ in 2025. ◆ Volatile
Net errors and omissions in Trinidad and Tobago, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Trinidad and Tobago is -563.94 million BoP, current US$, measured in 2025.
The figure is down 29.9% on the previous year and up 82.0% over ten years.
Over the whole period, net errors and omissions in Trinidad and Tobago peaked at 252.19 million BoP, current US$ in 1998 and was at its lowest, -4.76 billion BoP, current US$, in 2013.
That places Trinidad and Tobago 155th out of 199 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Trinidad and Tobago, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | 79.37 million BoP, current US$ | — |
| 1976 | -44.31 million BoP, current US$ | -155.8% |
| 1977 | -21.33 million BoP, current US$ | -51.9% |
| 1978 | -4.50 million BoP, current US$ | -78.9% |
| 1979 | -9.33 million BoP, current US$ | +107.4% |
| 1980 | 64.54 million BoP, current US$ | -791.5% |
| 1981 | -149.04 million BoP, current US$ | -330.9% |
| 1982 | -49.33 million BoP, current US$ | -66.9% |
| 1983 | -298.29 million BoP, current US$ | +504.6% |
| 1984 | -104.54 million BoP, current US$ | -65.0% |
| 1985 | -275.68 million BoP, current US$ | +163.7% |
| 1986 | -93.00 million BoP, current US$ | -66.3% |
| 1987 | -86.03 million BoP, current US$ | -7.5% |
| 1988 | 11.63 million BoP, current US$ | -113.5% |
| 1989 | 27.40 million BoP, current US$ | +135.5% |
| 1990 | -130.81 million BoP, current US$ | -577.4% |
| 1991 | -44.98 million BoP, current US$ | -65.6% |
| 1992 | -89.13 million BoP, current US$ | +98.2% |
| 1993 | -53.27 million BoP, current US$ | -40.2% |
| 1994 | -153,704 BoP, current US$ | -99.7% |
| 1995 | 4.53 million BoP, current US$ | -3047.9% |
| 1996 | 89.95 million BoP, current US$ | +1885.2% |
| 1997 | 110.02 million BoP, current US$ | +22.3% |
| 1998 | 252.19 million BoP, current US$ | +129.2% |
| 1999 | 93.30 million BoP, current US$ | -63.0% |
| 2000 | -277.00 million BoP, current US$ | -396.9% |
| 2001 | -266.90 million BoP, current US$ | -3.6% |
| 2002 | -491.70 million BoP, current US$ | +84.2% |
| 2003 | 20.10 million BoP, current US$ | -104.1% |
| 2004 | -242.96 million BoP, current US$ | -1308.8% |
| 2005 | -896.95 million BoP, current US$ | +269.2% |
| 2006 | -344.02 million BoP, current US$ | -61.6% |
| 2007 | -345.26 million BoP, current US$ | +0.4% |
| 2008 | 96.97 million BoP, current US$ | -128.1% |
| 2009 | 7.12 million BoP, current US$ | -92.7% |
| 2010 | 8.57 million BoP, current US$ | +20.3% |
| 2011 | -2.82 billion BoP, current US$ | -33028.3% |
| 2012 | -367.43 million BoP, current US$ | -87.0% |
| 2013 | -4.76 billion BoP, current US$ | +1194.5% |
| 2014 | -2.91 billion BoP, current US$ | -38.8% |
| 2015 | -3.13 billion BoP, current US$ | +7.7% |
| 2016 | -1.08 billion BoP, current US$ | -65.6% |
| 2017 | -2.06 billion BoP, current US$ | +90.9% |
| 2018 | -2.25 billion BoP, current US$ | +9.3% |
| 2019 | -1.10 billion BoP, current US$ | -51.0% |
| 2020 | -132.55 million BoP, current US$ | -88.0% |
| 2021 | 90.49 million BoP, current US$ | -168.3% |
| 2022 | -1.86 billion BoP, current US$ | -2150.9% |
| 2023 | -1.91 billion BoP, current US$ | +3.1% |
| 2024 | -434.21 million BoP, current US$ | -77.3% |
| 2025 | -563.94 million BoP, current US$ | +29.9% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's -563.94 million BoP, current US$ is below the median for high income countries, which is -132.48 million BoP, current US$, 4.3× the median. (71 countries reporting)
- Trinidad and Tobago's -563.94 million BoP, current US$ is below the median for Latin America & Caribbean, which is -31.77 million BoP, current US$, 17.7× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | -33028.3% | 8.57 million BoP, current US$ | -2.82 billion BoP, current US$ |
| 1995 | +3047.9% | -153,704 BoP, current US$ | 4.53 million BoP, current US$ |
| 2022 | -2150.9% | 90.49 million BoP, current US$ | -1.86 billion BoP, current US$ |
| 1996 | +1885.2% | 4.53 million BoP, current US$ | 89.95 million BoP, current US$ |
| 2004 | -1308.8% | 20.10 million BoP, current US$ | -242.96 million BoP, current US$ |
| 2013 | -1194.5% | -367.43 million BoP, current US$ | -4.76 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -20,226 BoP, current US$ | -44.31 million BoP, current US$ | 79.37 million BoP, current US$ | 5 |
| 1980s | -95.23 million BoP, current US$ | -298.29 million BoP, current US$ | 64.54 million BoP, current US$ | 10 |
| 1990s | 23.16 million BoP, current US$ | -130.81 million BoP, current US$ | 252.19 million BoP, current US$ | 10 |
| 2000s | -274.06 million BoP, current US$ | -896.95 million BoP, current US$ | 96.97 million BoP, current US$ | 10 |
| 2010s | -2.05 billion BoP, current US$ | -4.76 billion BoP, current US$ | 8.57 million BoP, current US$ | 10 |
| 2020s | -801.54 million BoP, current US$ | -1.91 billion BoP, current US$ | 90.49 million BoP, current US$ | 6 |
Countries ranked near Trinidad and Tobago
- 152 Zimbabwe -548.25 million BoP, current US$ compare
- 153 Brunei -562.85 million BoP, current US$ compare
- 154 Uruguay -563.28 million BoP, current US$ compare
- 156 Serbia -564.11 million BoP, current US$ compare
- 157 Dominican Republic -738.20 million BoP, current US$ compare
- 158 Guyana -791.79 million BoP, current US$ compare
More economy & growth data for Trinidad and Tobago
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.79 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -390.11 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.015 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -285.22 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -794.39 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -75.3 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0306 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -580.8 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -10.46 % change on previous year (2024)
Frequently asked questions
- What is net errors and omissions in Trinidad and Tobago?
- Net errors and omissions in Trinidad and Tobago was -563.94 million BoP, current US$ 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 Trinidad and Tobago?
- The highest recorded value was 252.19 million BoP, current US$ in 1998.
- What is the lowest net errors and omissions recorded in Trinidad and Tobago?
- The lowest recorded value was -4.76 billion BoP, current US$ in 2013.
- How does Trinidad and Tobago rank for net errors and omissions?
- Trinidad and Tobago ranks 155th out of 199 countries with data for 2025.
- Is net errors and omissions rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 82.0%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago 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.