Statizoid

Palau vs Papua New Guinea: Net errors and omissions

Palau
-38.17 million BoP, current US$
in 2023
Papua New Guinea
-33.44 million BoP, current US$
in 2024
Palau rank
112th
Papua New Guinea rank
110th

Net errors and omissions over time

  • Palau
  • Papua New Guinea
-1.0B01.0B197620002024

How they compare

Papua New Guinea currently reports -33.44 million BoP, current US$ against -38.17 million BoP, current US$ in Palau, a difference of 4.73 million BoP, current US$.

The two have swapped places 7 times across 19 shared years of data; in 2005 it was Palau ahead.

Globally, Palau ranks 112th and Papua New Guinea ranks 110th 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.