Nigeria vs Saudi Arabia: Net errors and omissions
Net errors and omissions over time
- Nigeria
- Saudi Arabia
How they compare
Saudi Arabia currently reports -14.58 billion BoP, current US$ against -15.73 billion BoP, current US$ in Nigeria, a difference of 1.14 billion BoP, current US$.
The two have swapped places 15 times across 44 shared years of data; in 1978 it was Nigeria ahead.
Globally, Nigeria ranks 194th and Saudi Arabia ranks 192nd of 198 countries.
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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.