Norway - Net errors and omissions

Net errors and omissions (BoP, current US$)

The latest value for Net errors and omissions (BoP, current US$) in Norway was ($3,608,292,000) as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $24,377,540,000 in 2016 and ($31,783,030,000) in 2007.

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 $201,101,400
1976 $213,538,900
1977 $406,736,600
1978 $543,413,100
1979 $608,542,100
1980 $936,190,100
1981 $31,212,110
1982 ($37,014,200)
1983 $416,516,700
1984 ($313,930,400)
1985 ($1,090,317,000)
1986 ($1,642,715,000)
1987 ($1,344,860,000)
1988 ($1,126,245,000)
1989 ($1,352,049,000)
1990 ($2,794,799,000)
1991 ($264,152,700)
1992 ($3,985,517,000)
1993 ($1,844,201,000)
1994 ($1,973,787,000)
1995 ($3,885,759,000)
1996 ($2,953,136,000)
1997 ($4,441,659,000)
1998 ($6,438,141,000)
1999 ($886,271,100)
2000 ($6,805,277,000)
2001 ($1,171,231,000)
2002 ($6,369,392,000)
2003 ($6,412,084,000)
2004 ($5,235,734,000)
2005 ($116,812,800)
2006 ($14,393,340,000)
2007 ($31,783,030,000)
2008 $2,698,077,000
2009 ($7,040,010,000)
2010 ($7,142,286,000)
2011 $13,360,950,000
2012 ($16,556,170,000)
2013 $2,308,161,000
2014 $238,763,400
2015 ($21,944,370,000)
2016 $24,377,540,000
2017 ($13,874,510,000)
2018 ($2,818,317,000)
2019 ($14,686,450,000)
2020 ($3,608,292,000)

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments