Papua New Guinea - Net errors and omissions

Net errors and omissions (BoP, current US$)

The latest value for Net errors and omissions (BoP, current US$) in Papua New Guinea was ($1,382,661,000) as of 2018. Over the past 42 years, the value for this indicator has fluctuated between $1,426,678,000 in 2013 and ($1,382,661,000) in 2018.

Definition: 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. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 ($38,722,600)
1977 $9,579,629
1978 $5,150,768
1979 ($34,399,320)
1980 $115,288,900
1981 $4,908,095
1982 ($67,399,010)
1983 $79,595,430
1984 $77,863,680
1985 ($13,440,170)
1986 ($31,975,380)
1987 $7,556,504
1988 ($10,738,810)
1989 ($10,769,110)
1990 ($57,587,910)
1991 $3,974,107
1992 ($14,799,580)
1993 ($27,734,690)
1994 $5,677,253
1995 ($52,224,250)
1996 ($29,701,710)
1997 $7,894,761
1998 ($12,211,050)
1999 ($9,229,691)
2000 $12,571,880
2001 $9,257,872
2002 $77,330,180
2003 ($188,657,600)
2004 ($209,512,100)
2005 ($201,009,600)
2006 ($1,321,042,000)
2007 ($1,170,142,000)
2008 $365,977,600
2009 ($1,219,580,000)
2010 ($882,542,200)
2011 ($1,058,565,000)
2012 $773,113,000
2013 $1,426,678,000
2014 $721,101,900
2015 $511,028,000
2016 ($16,300,630)
2017 ($220,843,100)
2018 ($1,382,661,000)

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments