Net errors and omissions in Zimbabwe
Zimbabwe: Net errors and omissions was -548.25 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Zimbabwe, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Zimbabwe recorded -548.25 million BoP, current US$ for net errors and omissions in 2024.
The figure is up 63.9% on the previous year and down 344.0% over ten years.
Over the whole period, net errors and omissions in Zimbabwe peaked at 1.61 billion BoP, current US$ in 2011 and was at its lowest, -1.52 billion BoP, current US$, in 2023.
That places Zimbabwe 152nd out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Zimbabwe, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -20.51 million BoP, current US$ | — |
| 1978 | -78.39 million BoP, current US$ | +282.3% |
| 1979 | 36.88 million BoP, current US$ | -147.1% |
| 1980 | 69.74 million BoP, current US$ | +89.1% |
| 1981 | 40.09 million BoP, current US$ | -42.5% |
| 1982 | 18.00 million BoP, current US$ | -55.1% |
| 1983 | -28.51 million BoP, current US$ | -258.4% |
| 1984 | -16.88 million BoP, current US$ | -40.8% |
| 1985 | 11.07 million BoP, current US$ | -165.6% |
| 1986 | -65.20 million BoP, current US$ | -689.0% |
| 1987 | 5.13 million BoP, current US$ | -107.9% |
| 1988 | -86.35 million BoP, current US$ | -1784.4% |
| 1989 | -150.26 million BoP, current US$ | +74.0% |
| 1990 | -39.39 million BoP, current US$ | -73.8% |
| 1991 | -40.91 million BoP, current US$ | +3.9% |
| 1992 | 260.93 million BoP, current US$ | -737.8% |
| 1993 | 82.30 million BoP, current US$ | -68.5% |
| 1994 | 111.50 million BoP, current US$ | +35.5% |
| 2009 | -956.65 million BoP, current US$ | -958.0% |
| 2010 | 837.08 million BoP, current US$ | -187.5% |
| 2011 | 1.61 billion BoP, current US$ | +92.5% |
| 2012 | 489.82 million BoP, current US$ | -69.6% |
| 2013 | 822.44 million BoP, current US$ | +67.9% |
| 2014 | 224.67 million BoP, current US$ | -72.7% |
| 2015 | -83.61 million BoP, current US$ | -137.2% |
| 2016 | -455.59 million BoP, current US$ | +444.9% |
| 2017 | -1.10 billion BoP, current US$ | +141.1% |
| 2018 | 242.13 million BoP, current US$ | -122.0% |
| 2019 | -1.04 billion BoP, current US$ | -529.8% |
| 2020 | -516.33 million BoP, current US$ | -50.4% |
| 2021 | -915.40 million BoP, current US$ | +77.3% |
| 2022 | -1.02 billion BoP, current US$ | +11.2% |
| 2023 | -1.52 billion BoP, current US$ | +49.0% |
| 2024 | -548.25 million BoP, current US$ | -63.9% |
Zimbabwe compared with similar countries
- Zimbabwe's -548.25 million BoP, current US$ is below the median for lower middle income countries, which is 3.83 million BoP, current US$. (47 countries reporting)
- Zimbabwe's -548.25 million BoP, current US$ is below the median for Sub-Saharan Africa, which is -8.15 million BoP, current US$, 67.3× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Zimbabwe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | -1784.4% | 5.13 million BoP, current US$ | -86.35 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -20.67 million BoP, current US$ | -78.39 million BoP, current US$ | 36.88 million BoP, current US$ | 3 |
| 1980s | -20.32 million BoP, current US$ | -150.26 million BoP, current US$ | 69.74 million BoP, current US$ | 10 |
| 1990s | 74.89 million BoP, current US$ | -40.91 million BoP, current US$ | 260.93 million BoP, current US$ | 5 |
| 2000s | -956.65 million BoP, current US$ | -956.65 million BoP, current US$ | -956.65 million BoP, current US$ | 1 |
| 2010s | 154.93 million BoP, current US$ | -1.10 billion BoP, current US$ | 1.61 billion BoP, current US$ | 10 |
| 2020s | -902.94 million BoP, current US$ | -1.52 billion BoP, current US$ | -516.33 million BoP, current US$ | 5 |
Countries ranked near Zimbabwe
- 149 Finland -408.69 million BoP, current US$ compare
- 150 New Zealand -416.44 million BoP, current US$ compare
- 151 Bahrain -494.68 million BoP, current US$ compare
- 153 Brunei -562.85 million BoP, current US$ compare
- 154 Uruguay -563.28 million BoP, current US$ compare
- 155 Trinidad and Tobago -563.94 million BoP, current US$ compare
More economy & growth data for Zimbabwe
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.02 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 131.30 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0032 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7.89 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 465.43 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -22.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0112 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 27.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 319.78 % change on previous year (2024)
Frequently asked questions
- What is net errors and omissions in Zimbabwe?
- Net errors and omissions in Zimbabwe was -548.25 million BoP, current US$ 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 Zimbabwe?
- The highest recorded value was 1.61 billion BoP, current US$ in 2011.
- What is the lowest net errors and omissions recorded in Zimbabwe?
- The lowest recorded value was -1.52 billion BoP, current US$ in 2023.
- How does Zimbabwe rank for net errors and omissions?
- Zimbabwe ranks 152nd out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Zimbabwe?
- Over the last ten years it is down 344.0%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe 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.