Net errors and omissions in Liberia
Liberia: Net errors and omissions was -860.70 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Liberia, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net errors and omissions in Liberia stood at -860.70 million BoP, current US$.
Compared with earlier readings it is down 230.7% on the previous year and down 72.6% over ten years.
Over the whole period, net errors and omissions in Liberia peaked at 156.99 million BoP, current US$ in 2019 and was at its lowest, -3.58 billion BoP, current US$, in 2010.
That places Liberia 158th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -4.55 million BoP, current US$ | -4.55 million BoP, current US$ | -4.55 million BoP, current US$ | 1 |
| 1980s | -2.58 million BoP, current US$ | -5.67 million BoP, current US$ | -205,700 BoP, current US$ | 8 |
| 2000s | -100.39 million BoP, current US$ | -288.49 million BoP, current US$ | -39.25 million BoP, current US$ | 6 |
| 2010s | -951.43 million BoP, current US$ | -3.58 billion BoP, current US$ | 156.99 million BoP, current US$ | 10 |
| 2020s | -259.72 million BoP, current US$ | -860.70 million BoP, current US$ | 52.06 million BoP, current US$ | 5 |
Countries ranked near Liberia
- 155 Serbia -564.11 million BoP, current US$ compare
- 156 Dominican Republic -738.20 million BoP, current US$ compare
- 157 Guyana -791.79 million BoP, current US$ compare
- 159 Djibouti -872.54 million BoP, current US$ compare
- 160 Oman -1.01 billion BoP, current US$ compare
- 161 South Africa -1.10 billion BoP, current US$ compare
More economy & growth data for Liberia
- Gross value added at basic prices (GVA) 5.10 billion current US$ (2025)
- Inflation, consumer prices 8.3% (2025)
- Total reserves minus gold 338.80 million current US$ (2025)
- Total reserves 338.80 million includes gold, current US$ (2025)
- Services, value added 4.4% (2025)
- Services, value added 1.61 billion constant LCU (2025)
- Services, value added 40.0% (2025)
- Inflation, GDP deflator 4.5% (2025)
- GDP deflator 125.09 base year varies by country (2025)
- Foreign direct investment, net inflows 471.54 million BoP, current US$ (2024)
Frequently asked questions
- What is net errors and omissions in Liberia?
- Net errors and omissions in Liberia was -860.70 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 Liberia?
- The highest recorded value was 156.99 million BoP, current US$ in 2019.
- What is the lowest net errors and omissions recorded in Liberia?
- The lowest recorded value was -3.58 billion BoP, current US$ in 2010.
- How does Liberia rank for net errors and omissions?
- Liberia ranks 158th out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Liberia?
- Over the last ten years it is down 72.6%. The long-run trend across the full record is volatile.
- Where does this Liberia 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.