Australia vs Spain: Net errors and omissions
Net errors and omissions over time
- Australia
- Spain
How they compare
Spain currently reports 1.12 billion BoP, current US$ against 1.04 billion BoP, current US$ in Australia, a difference of 82.16 million BoP, current US$.
That makes Spain's figure about 1.1 times Australia's.
The two have swapped places 13 times across 37 shared years of data; in 1989 it was Australia ahead.
Globally, Australia ranks 30th and Spain ranks 28th of 198 countries.
Individual pages
About this data
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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.