Canada - Net errors and omissions

Net errors and omissions (BoP, current US$)

The latest value for Net errors and omissions (BoP, current US$) in Canada was $1,629,357,000 as of 2021. Over the past 61 years, the value for this indicator has fluctuated between $5,315,516,000 in 1999 and ($5,587,892,000) in 1984.

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
1960 $102,429,900
1961 $193,842,600
1962 ($120,470,800)
1963 $72,101,640
1964 $140,262,200
1965 ($201,855,600)
1966 ($176,589,100)
1967 ($425,138,500)
1968 ($690,784,500)
1969 ($188,018,000)
1970 ($181,294,900)
1971 ($1,290,281,000)
1972 ($1,457,569,000)
1973 ($749,969,100)
1974 ($888,672,200)
1975 ($558,380,300)
1976 ($3,021,439,000)
1977 ($1,403,048,000)
1978 ($2,121,443,000)
1979 ($1,129,767,000)
1980 $120,529,600
1981 ($3,859,645,000)
1982 ($1,855,737,000)
1983 ($2,756,095,000)
1984 ($5,587,892,000)
1985 ($4,147,220,000)
1986 ($1,184,351,000)
1987 ($2,068,064,000)
1988 $752,692,200
1989 ($1,213,823,000)
1990 ($1,388,918,000)
1991 $209,685,700
1992 $3,145,338,000
1993 ($4,965,263,000)
1994 $477,274,900
1995 $3,869,610,000
1996 $4,306,271,000
1997 ($1,643,405,000)
1998 $3,545,686,000
1999 $5,315,516,000
2000 ($4,306,498,000)
2001 ($4,760,366,000)
2002 ($3,107,371,000)
2003 $1,528,145,000
2004 $1,751,524,000
2005 ($1,339,441,000)
2006 $2,178,157,000
2007 $2,587,707,000
2008 ($4,227,237,000)
2009 ($647,645,300)
2010 ($16,167,400)
2011 ($4,249,097,000)
2012 $950,889,500
2013 $1,013,203,000
2014 ($1,722,877,000)
2015 $2,472,115,000
2016 $1,896,396,000
2017 $1,984,783,000
2018 $5,264,292,000
2019 ($2,715,309,000)
2020 $298,938,300
2021 $1,629,357,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments