Net errors and omissions in Fiji
Fiji: Net errors and omissions was 36.77 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Fiji, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net errors and omissions in Fiji stood at 36.77 million BoP, current US$.
The figure is down 59.4% on the previous year and up 109.0% over ten years.
Over the whole period, net errors and omissions in Fiji peaked at 367.36 million BoP, current US$ in 2010 and was at its lowest, -408.24 million BoP, current US$, in 2014.
Fiji ranks 71st of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.97 million BoP, current US$ | 9.97 million BoP, current US$ | 9.97 million BoP, current US$ | 1 |
| 1980s | -10.44 million BoP, current US$ | -31.89 million BoP, current US$ | 14.48 million BoP, current US$ | 10 |
| 1990s | -19.49 million BoP, current US$ | -58.81 million BoP, current US$ | 10.22 million BoP, current US$ | 10 |
| 2000s | -86.55 million BoP, current US$ | -292.26 million BoP, current US$ | 79.35 million BoP, current US$ | 10 |
| 2010s | -11.36 million BoP, current US$ | -408.24 million BoP, current US$ | 367.36 million BoP, current US$ | 10 |
| 2020s | 86.93 million BoP, current US$ | -1.19 million BoP, current US$ | 163.40 million BoP, current US$ | 5 |
Countries ranked near Fiji
- 68 North Macedonia 55.51 million BoP, current US$ compare
- 69 Azerbaijan 52.51 million BoP, current US$ compare
- 70 Andorra 41.88 million BoP, current US$ compare
- 72 Mauritius 31.94 million BoP, current US$ compare
- 73 Dominica 25.09 million BoP, current US$ compare
- 74 Equatorial Guinea 23.71 million BoP, current US$ compare
More economy & growth data for Fiji
- Gross national expenditure 110.2% (2024)
- Households and NPISHs final consumption expenditure 70.4% (2024)
- Final consumption expenditure 5.33 billion current US$ (2024)
- Final consumption expenditure 12.09 billion current LCU (2024)
- Final consumption expenditure 89.3% (2024)
- Gross national expenditure 6.57 billion current US$ (2024)
- Gross national expenditure 14.91 billion current LCU (2024)
- Gross fixed capital formation 2.72 billion current LCU (2024)
- Gross fixed capital formation 1.20 billion current US$ (2024)
- Exports of goods and services 54.4% (2024)
Frequently asked questions
- What is net errors and omissions in Fiji?
- Net errors and omissions in Fiji was 36.77 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 Fiji?
- The highest recorded value was 367.36 million BoP, current US$ in 2010.
- What is the lowest net errors and omissions recorded in Fiji?
- The lowest recorded value was -408.24 million BoP, current US$ in 2014.
- How does Fiji rank for net errors and omissions?
- Fiji ranks 71st out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Fiji?
- Over the last ten years it is up 109.0%. The long-run trend across the full record is volatile.
- Where does this Fiji 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.