Net errors and omissions in Eritrea
Eritrea: Net errors and omissions was -22.87 million BoP, current US$ in 2000. ◆ Volatile
Net errors and omissions in Eritrea, 1992–2000
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Eritrea is -22.87 million BoP, current US$, measured in 2000.
The figure is down 278.8% on the previous year and up 54.6% over ten years.
Over the whole period, net errors and omissions in Eritrea peaked at 31.67 million BoP, current US$ in 1993 and was at its lowest, -139.37 million BoP, current US$, in 1997.
Eritrea ranks 105th of 198 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -47.27 million BoP, current US$ | -139.37 million BoP, current US$ | 31.67 million BoP, current US$ | 8 |
| 2000s | -22.87 million BoP, current US$ | -22.87 million BoP, current US$ | -22.87 million BoP, current US$ | 1 |
Countries ranked near Eritrea
- 102 Antigua and Barbuda -19.23 million BoP, current US$ compare
- 103 Seychelles -19.83 million BoP, current US$ compare
- 104 Tonga -22.70 million BoP, current US$ compare
- 106 Sierra Leone -25.03 million BoP, current US$ compare
- 107 Belize -31.22 million BoP, current US$ compare
- 108 Aruba -31.77 million BoP, current US$ compare
More economy & growth data for Eritrea
- Exports of goods and services 18.2% (2011)
- Gross national expenditure 137.4% (2011)
- Exports of goods and services 374.90 million current US$ (2011)
- Exports of goods and services 5.76 billion current LCU (2011)
- Exports of goods and services 575.7% (2011)
- Inflation, GDP deflator 19.5% (2011)
- Gross fixed capital formation 260.73 million current US$ (2011)
- Gross fixed capital formation 466.9% (2011)
- Gross fixed capital formation 4.01 billion current LCU (2011)
- GDP deflator 100 base year varies by country (2011)
Frequently asked questions
- What is net errors and omissions in Eritrea?
- Net errors and omissions in Eritrea was -22.87 million BoP, current US$ in 2000, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Eritrea?
- The highest recorded value was 31.67 million BoP, current US$ in 1993.
- What is the lowest net errors and omissions recorded in Eritrea?
- The lowest recorded value was -139.37 million BoP, current US$ in 1997.
- How does Eritrea rank for net errors and omissions?
- Eritrea ranks 105th out of 198 countries with data for 2000.
- Is net errors and omissions rising or falling in Eritrea?
- Over the last ten years it is up 54.6%. The long-run trend across the full record is volatile.
- Where does this Eritrea 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.