Net errors and omissions in Laos
Laos: Net errors and omissions was -227.17 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Laos, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Laos is -227.17 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 62.0% on the previous year and down 297.8% over ten years.
Over the whole period, net errors and omissions in Laos peaked at 114.82 million BoP, current US$ in 2014 and was at its lowest, -1.35 billion BoP, current US$, in 2016.
Laos ranks 137th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.83 million BoP, current US$ | -22.90 million BoP, current US$ | 39.20 million BoP, current US$ | 6 |
| 1990s | -11.71 million BoP, current US$ | -162.80 million BoP, current US$ | 102.30 million BoP, current US$ | 10 |
| 2000s | -236.49 million BoP, current US$ | -735.13 million BoP, current US$ | 72.17 million BoP, current US$ | 10 |
| 2010s | -576.28 million BoP, current US$ | -1.35 billion BoP, current US$ | 114.82 million BoP, current US$ | 10 |
| 2020s | -483.38 million BoP, current US$ | -725.86 million BoP, current US$ | -227.17 million BoP, current US$ | 5 |
Countries ranked near Laos
- 134 New Caledonia -193.68 million BoP, current US$ compare
- 135 Italy -200.60 million BoP, current US$ compare
- 136 Botswana -211.98 million BoP, current US$ compare
- 138 Tajikistan -239.52 million BoP, current US$ compare
- 139 Madagascar -240.77 million BoP, current US$ compare
- 140 Sri Lanka -325.42 million BoP, current US$ compare
More economy & growth data for Laos
- Industry (including construction), value added 109.15 trillion current LCU (2025)
- Final consumption expenditure 3.7% (2016)
- Industry (including construction), value added 4.8% (2025)
- Final consumption expenditure 79.7% (2016)
- Industry (including construction), value added 7.33 billion constant 2015 US$ (2025)
- Gross national expenditure 17.29 billion current US$ (2016)
- Gross national expenditure 140.49 trillion current LCU (2016)
- Gross national expenditure 17.78 billion constant 2015 US$ (2016)
- Industry (including construction), value added 5.34 billion current US$ (2025)
- Exports of goods and services 10.5% (2016)
Frequently asked questions
- What is net errors and omissions in Laos?
- Net errors and omissions in Laos was -227.17 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 Laos?
- The highest recorded value was 114.82 million BoP, current US$ in 2014.
- What is the lowest net errors and omissions recorded in Laos?
- The lowest recorded value was -1.35 billion BoP, current US$ in 2016.
- How does Laos rank for net errors and omissions?
- Laos ranks 137th out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Laos?
- Over the last ten years it is down 297.8%. The long-run trend across the full record is volatile.
- Where does this Laos 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.