Iceland vs New Caledonia: Net errors and omissions

Iceland
-167.65 million BoP, current US$
in 2025
New Caledonia
-193.68 million BoP, current US$
in 2016
Iceland rank
131st
New Caledonia rank
134th

Net errors and omissions over time

  • Iceland
  • New Caledonia
-10.0B-5.0B05.0B197620002025

How they compare

Iceland currently reports -167.65 million BoP, current US$ against -193.68 million BoP, current US$ in New Caledonia, a difference of 26.03 million BoP, current US$.

The two have swapped places 9 times across 15 shared years of data; in 2002 it was New Caledonia ahead.

Globally, Iceland ranks 131st and New Caledonia ranks 134th of 198 countries.

Individual pages

About this data

Indicator
Net errors and omissions (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 7,770 data points, 1960–2025
Last refreshed

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.