Kuwait - Net errors and omissions

Net errors and omissions (BoP, current US$)

The latest value for Net errors and omissions (BoP, current US$) in Kuwait was ($1,240,034,000) as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $20,066,290,000 in 2017 and ($10,989,610,000) in 1991.

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
1975 $1,034,367,000
1976 $2,038,391,000
1977 $408,282,900
1978 ($1,403,367,000)
1979 ($3,697,993,000)
1980 ($2,974,501,000)
1981 ($5,122,221,000)
1982 ($41,679,550)
1983 ($5,873,541,000)
1984 $979,524,900
1985 ($1,891,916,000)
1986 $1,906,436,000
1987 ($836,134,700)
1988 $842,205,600
1989 $469,740,200
1990 ($5,207,051,000)
1991 ($10,989,610,000)
1992 ($8,723,746,000)
1993 ($4,141,617,000)
1994 ($6,269,191,000)
1995 ($5,036,058,000)
1996 $644,604,200
1997 ($1,681,233,000)
1998 $826,892,000
1999 $919,798,000
2000 ($844,282,500)
2001 ($2,897,467,000)
2002 ($1,853,154,000)
2003 ($508,369,600)
2004 $1,571,961,000
2005 $2,546,261,000
2006 $7,087,065,000
2007 ($4,731,503,000)
2008 ($10,049,470,000)
2009 $2,345,102,000
2010 $7,047,330,000
2011 ($5,029,093,000)
2012 $668,453,200
2013 ($1,902,628,000)
2014 $320,660,900
2015 $3,142,901,000
2016 ($3,538,106,000)
2017 $20,066,290,000
2018 $3,113,214,000
2019 ($5,363,041,000)
2020 ($1,240,034,000)

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments