United Kingdom - Net errors and omissions

Net errors and omissions (BoP, current US$)

The latest value for Net errors and omissions (BoP, current US$) in United Kingdom was ($7,009,149,000) as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $19,981,080,000 in 2014 and ($25,088,910,000) in 2003.

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
1970 ($155,520,200)
1971 $658,282,200
1972 ($1,923,239,000)
1973 $308,781,200
1974 $333,483,300
1975 ($4,016,015)
1976 $767,416,000
1977 $6,634,296,000
1978 $3,382,042,000
1979 $1,894,592,000
1980 $1,926,274,000
1981 $1,799,412,000
1982 ($3,785,931,000)
1983 $1,514,758,000
1984 $9,362,246,000
1985 $915,631,700
1986 $6,806,261,000
1987 ($5,617,188,000)
1988 $4,297,605,000
1989 $12,306,680,000
1990 $11,725,260,000
1991 $8,928,342,000
1992 $13,833,700,000
1993 ($19,681,200)
1994 $7,025,361,000
1995 $9,021,249,000
1996 $4,100,436,000
1997 $14,639,320,000
1998 ($11,397,800,000)
1999 $7,764,960,000
2000 ($802,433,900)
2001 $9,602,056,000
2002 $4,602,849,000
2003 ($25,088,910,000)
2004 ($12,566,530)
2005 ($23,465,880,000)
2006 ($7,371,744,000)
2007 ($23,334,560,000)
2008 ($3,532,066,000)
2009 ($24,947,590,000)
2010 ($23,176,140,000)
2011 ($1,510,177,000)
2012 $15,993,280,000
2013 $9,108,041,000
2014 $19,981,080,000
2015 ($10,566,150,000)
2016 ($12,421,790,000)
2017 $15,098,430,000
2018 $14,685,050,000
2019 ($10,387,710,000)
2020 ($7,009,149,000)

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments