Net errors and omissions in Zambia
Zambia: Net errors and omissions was -1.15 billion BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Zambia, 1978–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Zambia recorded -1.15 billion BoP, current US$ for net errors and omissions in 2024.
That represents a change of down 52.6% on the previous year and down 6,458.4% over ten years.
Over the whole period, net errors and omissions in Zambia peaked at 365.10 million BoP, current US$ in 2000 and was at its lowest, -1.71 billion BoP, current US$, in 1989.
Zambia ranks 163rd of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -110.60 million BoP, current US$ | -129.00 million BoP, current US$ | -92.20 million BoP, current US$ | 2 |
| 1980s | -152.34 million BoP, current US$ | -1.71 billion BoP, current US$ | 312.50 million BoP, current US$ | 10 |
| 1990s | -12.78 million BoP, current US$ | -229.30 million BoP, current US$ | 319.60 million BoP, current US$ | 5 |
| 2000s | -228,829 BoP, current US$ | -210.92 million BoP, current US$ | 365.10 million BoP, current US$ | 10 |
| 2010s | -23.88 million BoP, current US$ | -101.53 million BoP, current US$ | 30.70 million BoP, current US$ | 10 |
| 2020s | -333.43 million BoP, current US$ | -1.15 billion BoP, current US$ | 263.53 million BoP, current US$ | 5 |
Countries ranked near Zambia
- 160 South Africa -1.10 billion BoP, current US$ compare
- 161 Singapore -1.11 billion BoP, current US$ compare
- 162 Slovenia -1.11 billion BoP, current US$ compare
- 164 Qatar -1.25 billion BoP, current US$ compare
- 165 Iran -1.35 billion BoP, current US$ compare
- 166 Slovakia -1.43 billion BoP, current US$ compare
More economy & growth data for Zambia
- External balance on goods and services as a percent of GDP 7.4% (2024)
- Inflation of consumer prices 13.9% (2025)
- GDP per capita 1,356 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.7% (2025)
- Gross domestic product (GDP) 29.71 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,356 constant 2015 US$ (2025)
- DEC alternative conversion factor 25.13 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 16.91 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 673.13 million current US$ (2025)
- Taxes less subsidies on products 25.61 billion current LCU (2025)
Frequently asked questions
- What is net errors and omissions in Zambia?
- Net errors and omissions in Zambia was -1.15 billion 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 Zambia?
- The highest recorded value was 365.10 million BoP, current US$ in 2000.
- What is the lowest net errors and omissions recorded in Zambia?
- The lowest recorded value was -1.71 billion BoP, current US$ in 1989.
- How does Zambia rank for net errors and omissions?
- Zambia ranks 163rd out of 197 countries with data for 2024.
- Is net errors and omissions rising or falling in Zambia?
- Over the last ten years it is down 6,458.4%. The long-run trend across the full record is volatile.
- Where does this Zambia 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.