Net errors and omissions in Canada
Canada: Net errors and omissions was 8.01 billion BoP, current US$ in 2025. ◆ Volatile
Net errors and omissions in Canada, 1960–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Canada is 8.01 billion BoP, current US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 304.3% on the previous year and up 223.9% over ten years.
Over the whole period, net errors and omissions in Canada peaked at 8.01 billion BoP, current US$ in 2025 and was at its lowest, -5.59 billion BoP, current US$, in 1984.
That places Canada 6th out of 198 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -129.42 million BoP, current US$ | -690.78 million BoP, current US$ | 193.84 million BoP, current US$ | 10 |
| 1970s | -1.28 billion BoP, current US$ | -3.02 billion BoP, current US$ | -181.29 million BoP, current US$ | 10 |
| 1980s | -2.18 billion BoP, current US$ | -5.59 billion BoP, current US$ | 752.69 million BoP, current US$ | 10 |
| 1990s | 1.29 billion BoP, current US$ | -4.97 billion BoP, current US$ | 5.32 billion BoP, current US$ | 10 |
| 2000s | -1.03 billion BoP, current US$ | -4.76 billion BoP, current US$ | 2.59 billion BoP, current US$ | 10 |
| 2010s | 381.73 million BoP, current US$ | -4.25 billion BoP, current US$ | 5.26 billion BoP, current US$ | 10 |
| 2020s | 2.31 billion BoP, current US$ | -3.92 billion BoP, current US$ | 8.01 billion BoP, current US$ | 6 |
Countries ranked near Canada
More economy & growth data for Canada
- Exports of goods and services -1.7% (2025)
- Gross national expenditure 3.27 trillion current LCU (2025)
- Gross national expenditure 1.95 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 27.4% (2022)
- Gross national expenditure 100.8% (2025)
- Exports of goods and services 726.88 billion current US$ (2025)
- Exports of goods and services 1.02 trillion current LCU (2025)
- Exports of goods and services 560.95 billion constant 2015 US$ (2025)
- Gross fixed capital formation 1.4% (2025)
- Gross fixed capital formation 399.43 billion constant 2015 US$ (2025)
Frequently asked questions
- What is net errors and omissions in Canada?
- Net errors and omissions in Canada was 8.01 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Canada?
- The highest recorded value was 8.01 billion BoP, current US$ in 2025.
- What is the lowest net errors and omissions recorded in Canada?
- The lowest recorded value was -5.59 billion BoP, current US$ in 1984.
- How does Canada rank for net errors and omissions?
- Canada ranks 6th out of 198 countries with data for 2025.
- Is net errors and omissions rising or falling in Canada?
- Over the last ten years it is up 223.9%. The long-run trend across the full record is volatile.
- Where does this Canada 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.