Net errors and omissions in Gabon

Gabon: Net errors and omissions was 452.22 million BoP, current US$ in 2015. ◆ Volatile

Latest (2015)
452.22 million BoP, current US$
Change on year
up 155.2%
World rank
50th
of 198 countries
All-time high
457.31 million BoP, current US$
in 1998
All-time low
-1.32 billion BoP, current US$
in 2010
Years of data
37
1978–2015

Net errors and omissions in Gabon, 1978–2015

-1.5B-1.0B-500.0M0500.0M1978199620151978: -44.9M BoP, current US$1979: -30.0M BoP, current US$1980: -21.7M BoP, current US$1981: -8.5M BoP, current US$1982: -51.5M BoP, current US$1983: -96.7M BoP, current US$1984: -83.1M BoP, current US$1985: -63.0M BoP, current US$1986: -47.7M BoP, current US$1987: -50.7M BoP, current US$1988: -106.2M BoP, current US$1989: 35.5M BoP, current US$1990: -41.2M BoP, current US$1991: -12.1M BoP, current US$1992: -60.1M BoP, current US$1993: -18.0M BoP, current US$1994: 254.5M BoP, current US$1995: -227.2M BoP, current US$1996: -100.0M BoP, current US$1997: -91.1M BoP, current US$1998: 457.3M BoP, current US$1999: 298.7M BoP, current US$2000: -145.2M BoP, current US$2001: -115.0M BoP, current US$2002: -138.7M BoP, current US$2003: -274.4M BoP, current US$2004: -319.8M BoP, current US$2005: -439.2M BoP, current US$2007: -1.1B BoP, current US$2008: -798.5M BoP, current US$2009: -227.4M BoP, current US$2010: -1.3B BoP, current US$2011: -980.1M BoP, current US$2012: -539.8M BoP, current US$2013: -350.7M BoP, current US$2014: -819.7M BoP, current US$2015: 452.2M BoP, current US$

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 Gabon is 452.22 million BoP, current US$, measured in 2015.

Compared with earlier readings it is up 155.2% on the previous year and up 203.0% over ten years.

Over the whole period, net errors and omissions in Gabon peaked at 457.31 million BoP, current US$ in 1998 and was at its lowest, -1.32 billion BoP, current US$, in 2010.

Gabon ranks 50th of 198 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s -37.44 million BoP, current US$ -44.89 million BoP, current US$ -29.99 million BoP, current US$ 2
1980s -49.34 million BoP, current US$ -106.16 million BoP, current US$ 35.55 million BoP, current US$ 10
1990s 46.10 million BoP, current US$ -227.16 million BoP, current US$ 457.31 million BoP, current US$ 10
2000s -396.31 million BoP, current US$ -1.11 billion BoP, current US$ -114.99 million BoP, current US$ 9
2010s -593.10 million BoP, current US$ -1.32 billion BoP, current US$ 452.22 million BoP, current US$ 6

Countries ranked near Gabon

  1. 47 Palestine 461.79 million BoP, current US$ compare
  2. 48 Jamaica 459.56 million BoP, current US$ compare
  3. 49 Tunisia 453.89 million BoP, current US$ compare
  4. 51 Honduras 403.37 million BoP, current US$ compare
  5. 52 Romania 388.11 million BoP, current US$ compare
  6. 53 Nepal 376.05 million BoP, current US$ compare

See the full ranking of 199 places →

More economy & growth data for Gabon

All data for Gabon →

Frequently asked questions

What is net errors and omissions in Gabon?
Net errors and omissions in Gabon was 452.22 million BoP, current US$ in 2015, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest net errors and omissions recorded in Gabon?
The highest recorded value was 457.31 million BoP, current US$ in 1998.
What is the lowest net errors and omissions recorded in Gabon?
The lowest recorded value was -1.32 billion BoP, current US$ in 2010.
How does Gabon rank for net errors and omissions?
Gabon ranks 50th out of 198 countries with data for 2015.
Is net errors and omissions rising or falling in Gabon?
Over the last ten years it is up 203.0%. The long-run trend across the full record is volatile.
Where does this Gabon 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.

Download this data

CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Net errors and omissions (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 7,770 data points, 1960–2025
Last refreshed

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.