Net errors and omissions in Bhutan
Bhutan: Net errors and omissions was 350.13 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Bhutan, 2006–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bhutan recorded 350.13 million BoP, current US$ for net errors and omissions in 2024. That is the highest value across all 19 years on record.
The figure is up 42.2% on the previous year and up 608.9% over ten years.
Over the whole period, net errors and omissions in Bhutan peaked at 350.13 million BoP, current US$ in 2024 and was at its lowest, -196.34 million BoP, current US$, in 2021.
Bhutan ranks 54th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -962,200 BoP, current US$ | -100.80 million BoP, current US$ | 49.76 million BoP, current US$ | 4 |
| 2010s | 18.26 million BoP, current US$ | -172.86 million BoP, current US$ | 174.25 million BoP, current US$ | 10 |
| 2020s | 122.79 million BoP, current US$ | -196.34 million BoP, current US$ | 350.13 million BoP, current US$ | 5 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- Gross fixed capital formation 5.7% (2024)
- Exports of goods and services 1.01 billion constant 2015 US$ (2024)
- Exports of goods and services 19.3% (2024)
- Exports of goods and services 31.5% (2024)
- Gross value added at basic prices (GVA) 272.56 billion current LCU (2024)
- Gross value added at basic prices (GVA) 3.26 billion current US$ (2024)
- Gross fixed capital formation 1.41 billion current US$ (2024)
- Gross fixed capital formation 118.01 billion current LCU (2024)
- Gross fixed capital formation 1.37 billion constant 2015 US$ (2024)
- Gross capital formation 1.43 billion current US$ (2024)
Frequently asked questions
- What is net errors and omissions in Bhutan?
- Net errors and omissions in Bhutan was 350.13 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Bhutan?
- The highest recorded value was 350.13 million BoP, current US$ in 2024.
- What is the lowest net errors and omissions recorded in Bhutan?
- The lowest recorded value was -196.34 million BoP, current US$ in 2021.
- How does Bhutan rank for net errors and omissions?
- Bhutan ranks 54th out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Bhutan?
- Over the last ten years it is up 608.9%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net errors and omissions (BoP, current US$). Statizoid updates them automatically from the source API.
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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.