Net errors and omissions in Yemen
Yemen: Net errors and omissions was 1.26 billion BoP, current US$ in 2016. ◆ Volatile
Net errors and omissions in Yemen, 2005–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2016, net errors and omissions in Yemen stood at 1.26 billion BoP, current US$.
That represents a change of up 92.9% on the previous year and up 595.1% over ten years.
Over the whole period, net errors and omissions in Yemen peaked at 1.59 billion BoP, current US$ in 2009 and was at its lowest, -343.58 million BoP, current US$, in 2011.
Yemen ranks 26th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Yemen, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 213.76 million BoP, current US$ | — |
| 2006 | 181.10 million BoP, current US$ | -15.3% |
| 2007 | 467.57 million BoP, current US$ | +158.2% |
| 2008 | 56.64 million BoP, current US$ | -87.9% |
| 2009 | 1.59 billion BoP, current US$ | +2702.4% |
| 2010 | 119.98 million BoP, current US$ | -92.4% |
| 2011 | -343.58 million BoP, current US$ | -386.4% |
| 2012 | 974.99 million BoP, current US$ | -383.8% |
| 2013 | 716.48 million BoP, current US$ | -26.5% |
| 2014 | 445.56 million BoP, current US$ | -37.8% |
| 2015 | 652.47 million BoP, current US$ | +46.4% |
| 2016 | 1.26 billion BoP, current US$ | +92.9% |
Yemen compared with similar countries
- Yemen's 1.26 billion BoP, current US$ is above the median for low income countries, which is -4.68 million BoP, current US$. (23 countries reporting)
- Yemen's 1.26 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 490.89 million BoP, current US$, 2.6× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 501.27 million BoP, current US$ | 56.64 million BoP, current US$ | 1.59 billion BoP, current US$ | 5 |
| 2010s | 546.39 million BoP, current US$ | -343.58 million BoP, current US$ | 1.26 billion BoP, current US$ | 7 |
Countries ranked near Yemen
More economy & growth data for Yemen
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.38 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 3.33 million BoP, current US$ (2019)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2018)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0949 BoP, current US$ per person (2019)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -370.98 million BoP, current US$ (2019)
- Foreign direct investment, net inflows (BoP, current US$), annual -31.51 % change on previous year (2019)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0131 BoP, current US$ per US$ of GDP (2018)
- Foreign direct investment, net inflows (BoP, current US$), per capita -10.57 BoP, current US$ per person (2019)
- Total reserves (includes gold, current US$), annual growth rate -25.9 % change on previous year (2022)
Frequently asked questions
- What is net errors and omissions in Yemen?
- Net errors and omissions in Yemen was 1.26 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Yemen?
- The highest recorded value was 1.59 billion BoP, current US$ in 2009.
- What is the lowest net errors and omissions recorded in Yemen?
- The lowest recorded value was -343.58 million BoP, current US$ in 2011.
- How does Yemen rank for net errors and omissions?
- Yemen ranks 26th out of 199 countries with data for 2016.
- Is net errors and omissions rising or falling in Yemen?
- Over the last ten years it is up 595.1%. The long-run trend across the full record is volatile.
- Where does this Yemen 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.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.