Net errors and omissions in Marshall Islands
Marshall Islands: Net errors and omissions was -49.93 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Marshall Islands is -49.93 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 18.9% on the previous year and down 177.8% over ten years.
Over the whole period, net errors and omissions in Marshall Islands peaked at 37.79 million BoP, current US$ in 2016 and was at its lowest, -106.56 million BoP, current US$, in 2018.
Marshall Islands ranks 117th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -26.19 million BoP, current US$ | -43.80 million BoP, current US$ | -7.45 million BoP, current US$ | 5 |
| 2010s | -18.55 million BoP, current US$ | -106.56 million BoP, current US$ | 37.79 million BoP, current US$ | 10 |
| 2020s | -46.04 million BoP, current US$ | -61.55 million BoP, current US$ | -18.24 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 114 Saint Lucia -41.36 million BoP, current US$ compare
- 115 Ethiopia -48.85 million BoP, current US$ compare
- 116 Sao Tome and Principe -49.27 million BoP, current US$ compare
- 118 San Marino -53.75 million BoP, current US$ compare
- 119 Turks and Caicos Islands -65.78 million BoP, current US$ compare
- 120 Mozambique -77.07 million BoP, current US$ compare
More economy & growth data for Marshall Islands
- Industry (including construction), value added 4.2% (2024)
- Gross national expenditure 326.93 million constant 2015 US$ (2024)
- Industry (including construction), value added 28.56 million constant LCU (2024)
- Gross national expenditure 145.1% (2024)
- Exports of goods and services 111.00 million current US$ (2025)
- Exports of goods and services 111.00 million current LCU (2025)
- Exports of goods and services 90.49 million constant 2015 US$ (2024)
- Exports of goods and services 18.7% (2024)
- Gross fixed capital formation 19.0% (2024)
- Gross fixed capital formation 60.68 million constant 2015 US$ (2024)
Frequently asked questions
- What is net errors and omissions in Marshall Islands?
- Net errors and omissions in Marshall Islands was -49.93 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 Marshall Islands?
- The highest recorded value was 37.79 million BoP, current US$ in 2016.
- What is the lowest net errors and omissions recorded in Marshall Islands?
- The lowest recorded value was -106.56 million BoP, current US$ in 2018.
- How does Marshall Islands rank for net errors and omissions?
- Marshall Islands ranks 117th out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Marshall Islands?
- Over the last ten years it is down 177.8%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands 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.