Libya - Net errors and omissions

Net errors and omissions (BoP, current US$)

The latest value for Net errors and omissions (BoP, current US$) in Libya was ($3,876,700,000) as of 2019. Over the past 42 years, the value for this indicator has fluctuated between $2,633,000,000 in 2011 and ($3,876,700,000) in 2019.

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
1977 $32,764,630
1978 $56,746,980
1979 ($252,996,900)
1980 ($102,009,500)
1981 $328,658,800
1982 $170,915,300
1983 ($235,768,600)
1984 ($1,151,821,000)
1985 ($327,306,300)
1986 $795,508,400
1987 $144,767,200
1988 $242,156,000
1989 $130,506,600
1990 ($37,432,390)
1991 $301,002,800
1992 $31,610,350
1993 ($150,803,200)
1994 $219,021,100
1995 $229,824,600
1996 ($209,707,100)
1997 $711,920,400
1998 $332,567,400
1999 ($337,637,700)
2000 ($818,000,000)
2001 ($1,244,000,000)
2002 $400,000,000
2003 $1,996,500,000
2004 $1,791,000,000
2005 ($1,450,000,000)
2006 $2,030,000,000
2007 $1,141,200,000
2008 ($1,752,700,000)
2009 $1,321,500,000
2010 ($2,136,900,000)
2011 $2,633,000,000
2012 ($2,534,800,000)
2013 ($2,504,000,000)
2014 ($2,124,000,000)
2015 $2,131,900,000
2016 ($1,206,400,000)
2017 ($790,200,000)
2018 ($1,234,400,000)
2019 ($3,876,700,000)

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments