Net errors and omissions in Maldives
Maldives: Net errors and omissions was 197.38 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Maldives, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Maldives recorded 197.38 million BoP, current US$ for net errors and omissions in 2024.
That represents a change of up 25.8% on the previous year and up 209.9% over ten years.
Over the whole period, net errors and omissions in Maldives peaked at 486.34 million BoP, current US$ in 2019 and was at its lowest, -326.27 million BoP, current US$, in 2021.
That places Maldives 58th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.47 million BoP, current US$ | -3.30 million BoP, current US$ | -1.70 million BoP, current US$ | 3 |
| 1980s | 3.83 million BoP, current US$ | -20.15 million BoP, current US$ | 13.70 million BoP, current US$ | 10 |
| 1990s | -11.02 million BoP, current US$ | -32.13 million BoP, current US$ | 11.30 million BoP, current US$ | 10 |
| 2000s | 62.16 million BoP, current US$ | -18.52 million BoP, current US$ | 311.50 million BoP, current US$ | 10 |
| 2010s | 44.63 million BoP, current US$ | -236.36 million BoP, current US$ | 486.34 million BoP, current US$ | 10 |
| 2020s | 98.87 million BoP, current US$ | -326.27 million BoP, current US$ | 244.35 million BoP, current US$ | 5 |
Countries ranked near Maldives
More economy & growth data for Maldives
- Gross value added at basic prices (GVA) 5.98 billion constant 2015 US$ (2025)
- Exports of goods and services 85.00 billion current LCU (2024)
- Exports of goods and services 5.97 billion constant 2015 US$ (2024)
- Exports of goods and services 5.2% (2024)
- Exports of goods and services 78.2% (2024)
- Gross fixed capital formation 2.46 billion current US$ (2024)
- Gross fixed capital formation 37.86 billion current LCU (2024)
- Gross fixed capital formation 1.06 billion constant 2015 US$ (2024)
- Gross fixed capital formation 5.4% (2024)
- Gross capital formation 948.67 million constant 2015 US$ (2024)
Frequently asked questions
- What is net errors and omissions in Maldives?
- Net errors and omissions in Maldives was 197.38 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 Maldives?
- The highest recorded value was 486.34 million BoP, current US$ in 2019.
- What is the lowest net errors and omissions recorded in Maldives?
- The lowest recorded value was -326.27 million BoP, current US$ in 2021.
- How does Maldives rank for net errors and omissions?
- Maldives ranks 58th out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Maldives?
- Over the last ten years it is up 209.9%. The long-run trend across the full record is volatile.
- Where does this Maldives 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.