Net errors and omissions in United Kingdom
United Kingdom: Net errors and omissions was -10.39 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
-10.39 billion BoP, current US$
Change on year
down 99.3%
World rank
188th
of 199 countries
All-time high
26.10 billion BoP, current US$
in 2004
All-time low
-29.40 billion BoP, current US$
in 2006
Years of data
56
1970–2025
Net errors and omissions in United Kingdom, 1970–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net errors and omissions in United Kingdom stood at -10.39 billion BoP, current US$.
That represents a change of down 99.3% on the previous year and up 23.5% over ten years.
Over the whole period, net errors and omissions in United Kingdom peaked at 26.10 billion BoP, current US$ in 2004 and was at its lowest, -29.40 billion BoP, current US$, in 2006.
United Kingdom ranks 188th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in United Kingdom, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1970 | -155.52 million BoP, current US$ | — |
| 1971 | 658.28 million BoP, current US$ | -523.3% |
| 1972 | -1.92 billion BoP, current US$ | -392.2% |
| 1973 | 308.78 million BoP, current US$ | -116.1% |
| 1974 | 333.48 million BoP, current US$ | +8.0% |
| 1975 | -4.02 million BoP, current US$ | -101.2% |
| 1976 | 767.42 million BoP, current US$ | -19208.9% |
| 1977 | 6.63 billion BoP, current US$ | +764.5% |
| 1978 | 3.38 billion BoP, current US$ | -49.0% |
| 1979 | 1.89 billion BoP, current US$ | -44.0% |
| 1980 | 1.93 billion BoP, current US$ | +1.7% |
| 1981 | 1.80 billion BoP, current US$ | -6.6% |
| 1982 | -3.79 billion BoP, current US$ | -310.4% |
| 1983 | 1.51 billion BoP, current US$ | -140.0% |
| 1984 | 9.36 billion BoP, current US$ | +518.1% |
| 1985 | 915.63 million BoP, current US$ | -90.2% |
| 1986 | 6.81 billion BoP, current US$ | +643.3% |
| 1987 | -5.62 billion BoP, current US$ | -182.5% |
| 1988 | 4.30 billion BoP, current US$ | -176.5% |
| 1989 | 12.31 billion BoP, current US$ | +186.4% |
| 1990 | 11.73 billion BoP, current US$ | -4.7% |
| 1991 | 8.93 billion BoP, current US$ | -23.9% |
| 1992 | 13.83 billion BoP, current US$ | +54.9% |
| 1993 | -19.68 million BoP, current US$ | -100.1% |
| 1994 | 7.03 billion BoP, current US$ | -35795.8% |
| 1995 | 9.02 billion BoP, current US$ | +28.4% |
| 1996 | 4.10 billion BoP, current US$ | -54.5% |
| 1997 | 14.64 billion BoP, current US$ | +257.0% |
| 1998 | -11.40 billion BoP, current US$ | -177.9% |
| 1999 | -17.12 billion BoP, current US$ | +50.2% |
| 2000 | -4.65 billion BoP, current US$ | -72.8% |
| 2001 | 3.47 billion BoP, current US$ | -174.5% |
| 2002 | -20.38 billion BoP, current US$ | -688.0% |
| 2003 | -26.00 billion BoP, current US$ | +27.6% |
| 2004 | 26.10 billion BoP, current US$ | -200.4% |
| 2005 | -4.43 billion BoP, current US$ | -117.0% |
| 2006 | -29.40 billion BoP, current US$ | +563.8% |
| 2007 | -26.44 billion BoP, current US$ | -10.1% |
| 2008 | -9.05 billion BoP, current US$ | -65.8% |
| 2009 | 2.40 billion BoP, current US$ | -126.5% |
| 2010 | -26.97 billion BoP, current US$ | -1222.4% |
| 2011 | -6.71 billion BoP, current US$ | -75.1% |
| 2012 | 14.86 billion BoP, current US$ | -321.4% |
| 2013 | 24.49 billion BoP, current US$ | +64.9% |
| 2014 | 7.65 billion BoP, current US$ | -68.8% |
| 2015 | -13.58 billion BoP, current US$ | -277.5% |
| 2016 | -7.02 billion BoP, current US$ | -48.3% |
| 2017 | 4.69 billion BoP, current US$ | -166.8% |
| 2018 | -6.64 billion BoP, current US$ | -241.6% |
| 2019 | -20.51 billion BoP, current US$ | +208.8% |
| 2020 | -11.46 billion BoP, current US$ | -44.1% |
| 2021 | -19.58 billion BoP, current US$ | +70.8% |
| 2022 | -8.64 billion BoP, current US$ | -55.9% |
| 2023 | 22.81 billion BoP, current US$ | -364.2% |
| 2024 | -5.21 billion BoP, current US$ | -122.8% |
| 2025 | -10.39 billion BoP, current US$ | +99.3% |
United Kingdom compared with similar countries
- United Kingdom's -10.39 billion BoP, current US$ is below the median for high income countries, which is -132.48 million BoP, current US$, 78.4× the median. (71 countries reporting)
- United Kingdom's -10.39 billion BoP, current US$ is below the median for Europe & Central Asia, which is 27.46 million BoP, current US$. (50 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in United Kingdom changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +35795.8% | -19.68 million BoP, current US$ | 7.03 billion BoP, current US$ |
| 1976 | +19208.9% | -4.02 million BoP, current US$ | 767.42 million BoP, current US$ |
| 2010 | -1222.4% | 2.40 billion BoP, current US$ | -26.97 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.19 billion BoP, current US$ | -1.92 billion BoP, current US$ | 6.63 billion BoP, current US$ | 10 |
| 1980s | 2.95 billion BoP, current US$ | -5.62 billion BoP, current US$ | 12.31 billion BoP, current US$ | 10 |
| 1990s | 4.07 billion BoP, current US$ | -17.12 billion BoP, current US$ | 14.64 billion BoP, current US$ | 10 |
| 2000s | -8.84 billion BoP, current US$ | -29.40 billion BoP, current US$ | 26.10 billion BoP, current US$ | 10 |
| 2010s | -2.97 billion BoP, current US$ | -26.97 billion BoP, current US$ | 24.49 billion BoP, current US$ | 10 |
| 2020s | -5.41 billion BoP, current US$ | -19.58 billion BoP, current US$ | 22.81 billion BoP, current US$ | 6 |
Countries ranked near United Kingdom
More economy & growth data for United Kingdom
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 86.93 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0217 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,251 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 76.63 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 691.49 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0191 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,103 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 22.77 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in United Kingdom?
- Net errors and omissions in United Kingdom was -10.39 billion BoP, current US$ 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 United Kingdom?
- The highest recorded value was 26.10 billion BoP, current US$ in 2004.
- What is the lowest net errors and omissions recorded in United Kingdom?
- The lowest recorded value was -29.40 billion BoP, current US$ in 2006.
- How does United Kingdom rank for net errors and omissions?
- United Kingdom ranks 188th out of 199 countries with data for 2025.
- Is net errors and omissions rising or falling in United Kingdom?
- Over the last ten years it is up 23.5%. The long-run trend across the full record is volatile.
- Where does this United Kingdom 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.