Euro area - Net errors and omissions

Net errors and omissions (BoP, current US$)

The latest value for Net errors and omissions (BoP, current US$) in Euro area was $29,471,800,000 as of 2020. Over the past 21 years, the value for this indicator has fluctuated between $127,140,000,000 in 2013 and ($77,575,000,000) in 2008.

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
1999 ($1,884,985,000)
2000 $9,254,282,000
2001 $44,346,880,000
2002 ($36,945,850,000)
2003 ($23,234,540,000)
2004 $6,325,076,000
2005 $15,768,300,000
2006 $19,093,570,000
2007 ($20,457,980,000)
2008 ($77,575,000,000)
2009 $72,947,680,000
2010 $2,613,204,000
2011 ($14,475,960,000)
2012 $34,482,600,000
2013 $127,140,000,000
2014 $6,036,890,000
2015 ($33,776,920,000)
2016 ($59,530,060,000)
2017 $8,889,914,000
2018 ($3,166,332,000)
2019 ($9,274,031,000)
2020 $29,471,800,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments