Iraq - Net errors and omissions (BoP, current US$)

The latest value for Net errors and omissions (BoP, current US$) in Iraq was ($3,338,065,000) as of 2020. Over the past 15 years, the value for this indicator has fluctuated between $579,059,000 in 2006 and ($20,911,300,000) in 2014.

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
2005 $452,424,100
2006 $579,059,000
2007 ($3,659,630,000)
2008 ($9,244,700,000)
2009 ($6,116,100,000)
2010 ($7,950,700,000)
2011 ($3,269,000,000)
2012 ($4,116,000,000)
2013 ($12,070,950,000)
2014 ($20,911,300,000)
2015 ($13,556,910,000)
2016 ($4,991,830,000)
2017 ($8,640,166,000)
2018 ($12,061,110,000)
2019 ($2,630,830,000)
2020 ($3,338,065,000)

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments