Net errors and omissions in Denmark
Denmark: Net errors and omissions was -15.21 billion BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Denmark, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Denmark is -15.21 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is down 45.9% on the previous year and down 757.4% over ten years.
Over the whole period, net errors and omissions in Denmark peaked at 11.64 billion BoP, current US$ in 2004 and was at its lowest, -21.90 billion BoP, current US$, in 2010.
Denmark ranks 193rd of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -34.61 million BoP, current US$ | -228.31 million BoP, current US$ | 113.79 million BoP, current US$ | 5 |
| 1980s | -275.03 million BoP, current US$ | -525.09 million BoP, current US$ | -1.02 million BoP, current US$ | 10 |
| 1990s | -854.34 million BoP, current US$ | -3.01 billion BoP, current US$ | 1.15 billion BoP, current US$ | 10 |
| 2000s | -1.62 billion BoP, current US$ | -13.56 billion BoP, current US$ | 11.64 billion BoP, current US$ | 10 |
| 2010s | -6.28 billion BoP, current US$ | -21.90 billion BoP, current US$ | 224.92 million BoP, current US$ | 10 |
| 2020s | -4.20 billion BoP, current US$ | -15.21 billion BoP, current US$ | 8.87 billion BoP, current US$ | 5 |
Countries ranked near Denmark
- 190 Russia -12.33 billion BoP, current US$ compare
- 191 Japan -13.57 billion BoP, current US$ compare
- 192 Saudi Arabia -14.58 billion BoP, current US$ compare
- 194 Nigeria -15.73 billion BoP, current US$ compare
- 195 France -24.81 billion BoP, current US$ compare
- 196 Vietnam -31.31 billion BoP, current US$ compare
More economy & growth data for Denmark
- Exports of goods and services 3.0% (2025)
- Gross national expenditure 2.73 trillion current LCU (2025)
- Gross national expenditure 325.75 billion constant 2015 US$ (2025)
- Services, value added 289.82 billion current US$ (2025)
- Gross national expenditure 89.0% (2025)
- Exports of goods and services 324.31 billion current US$ (2025)
- Exports of goods and services 2.15 trillion current LCU (2025)
- Exports of goods and services 252.72 billion constant 2015 US$ (2025)
- Gross fixed capital formation -3.5% (2025)
- Gross fixed capital formation 79.59 billion constant 2015 US$ (2025)
Frequently asked questions
- What is net errors and omissions in Denmark?
- Net errors and omissions in Denmark was -15.21 billion 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 Denmark?
- The highest recorded value was 11.64 billion BoP, current US$ in 2004.
- What is the lowest net errors and omissions recorded in Denmark?
- The lowest recorded value was -21.90 billion BoP, current US$ in 2010.
- How does Denmark rank for net errors and omissions?
- Denmark ranks 193rd out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Denmark?
- Over the last ten years it is down 757.4%. The long-run trend across the full record is volatile.
- Where does this Denmark 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.