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$, in 1989.
Zambia ranks 165th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Zambia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | -92.20 million BoP, current US$ | — |
| 1979 | -129.00 million BoP, current US$ | +39.9% |
| 1980 | 4.50 million BoP, current US$ | -103.5% |
| 1981 | -194.10 million BoP, current US$ | -4413.3% |
| 1982 | -81.90 million BoP, current US$ | -57.8% |
| 1983 | 203.40 million BoP, current US$ | -348.4% |
| 1984 | -93.10 million BoP, current US$ | -145.8% |
| 1985 | -148.70 million BoP, current US$ | +59.7% |
| 1986 | 312.50 million BoP, current US$ | -310.2% |
| 1987 | 150.50 million BoP, current US$ | -51.8% |
| 1988 | 38.10 million BoP, current US$ | -74.7% |
| 1989 | -1.71 billion BoP, current US$ | -4600.3% |
| 1990 | 319.60 million BoP, current US$ | -118.6% |
| 1991 | 108.50 million BoP, current US$ | -66.1% |
| 1997 | -225.40 million BoP, current US$ | -307.7% |
| 1998 | -37.30 million BoP, current US$ | -83.5% |
| 1999 | -229.30 million BoP, current US$ | +514.7% |
| 2000 | 365.10 million BoP, current US$ | -259.2% |
| 2001 | -193.02 million BoP, current US$ | -152.9% |
| 2002 | 175.88 million BoP, current US$ | -191.1% |
| 2003 | -94.46 million BoP, current US$ | -153.7% |
| 2004 | 153.52 million BoP, current US$ | -262.5% |
| 2005 | -110.60 million BoP, current US$ | -172.0% |
| 2006 | -210.92 million BoP, current US$ | +90.7% |
| 2007 | -65.74 million BoP, current US$ | -68.8% |
| 2008 | -13.68 million BoP, current US$ | -79.2% |
| 2009 | -8.38 million BoP, current US$ | -38.8% |
| 2010 | -27.17 million BoP, current US$ | +224.3% |
| 2011 | -30.74 million BoP, current US$ | +13.1% |
| 2012 | -32.33 million BoP, current US$ | +5.2% |
| 2013 | -29.43 million BoP, current US$ | -9.0% |
| 2014 | -17.59 million BoP, current US$ | -40.2% |
| 2015 | 15.13 million BoP, current US$ | -186.0% |
| 2016 | -70.71 million BoP, current US$ | -567.4% |
| 2017 | 30.70 million BoP, current US$ | -143.4% |
| 2018 | 24.83 million BoP, current US$ | -19.1% |
| 2019 | -101.53 million BoP, current US$ | -508.8% |
| 2020 | -216.66 million BoP, current US$ | +113.4% |
| 2021 | 195.09 million BoP, current US$ | -190.0% |
| 2022 | 263.53 million BoP, current US$ | +35.1% |
| 2023 | -755.79 million BoP, current US$ | -386.8% |
| 2024 | -1.15 billion BoP, current US$ | +52.6% |
Zambia compared with similar countries
- Zambia's -1.15 billion BoP, current US$ is below the median for lower middle income countries, which is 3.83 million BoP, current US$. (47 countries reporting)
- Zambia's -1.15 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -8.15 million BoP, current US$, 141.6× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Zambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | -4600.3% | 38.10 million BoP, current US$ | -1.71 billion BoP, current US$ |
| 1981 | -4413.3% | 4.50 million BoP, current US$ | -194.10 million BoP, current US$ |
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
- 162 South Africa -1.10 billion BoP, current US$ compare
- 163 Singapore -1.11 billion BoP, current US$ compare
- 164 Slovenia -1.11 billion BoP, current US$ compare
- 166 Qatar -1.25 billion BoP, current US$ compare
- 167 Iran -1.35 billion BoP, current US$ compare
- 168 Slovakia -1.43 billion BoP, current US$ compare
More economy & growth data for Zambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.92 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 310.54 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0123 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.57 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.36 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 268.02 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0932 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 110.69 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 28.89 % change on previous year (2024)
Frequently asked questions
- What is net errors and omissions in Zambia?
- Net errors and omissions in Zambia was -1.15 billion BoP, current US$ 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 165th out of 199 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.
Download this data
CSV · JSON — 42 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.