Net errors and omissions in Nepal
Nepal: Net errors and omissions was 376.05 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Nepal, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net errors and omissions in Nepal stood at 376.05 million BoP, current US$.
Compared with earlier readings it is down 58.9% on the previous year and up 133.9% over ten years.
Over the whole period, net errors and omissions in Nepal peaked at 1.21 billion BoP, current US$ in 2022 and was at its lowest, -175.13 million BoP, current US$, in 2010.
Nepal ranks 53rd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.91 million BoP, current US$ | -601,124 BoP, current US$ | 12.04 million BoP, current US$ | 4 |
| 1980s | 7.87 million BoP, current US$ | -552,526 BoP, current US$ | 25.30 million BoP, current US$ | 10 |
| 1990s | 49.31 million BoP, current US$ | 176,632 BoP, current US$ | 216.04 million BoP, current US$ | 10 |
| 2000s | 123.47 million BoP, current US$ | -107.25 million BoP, current US$ | 424.51 million BoP, current US$ | 10 |
| 2010s | 348.16 million BoP, current US$ | -175.13 million BoP, current US$ | 1.05 billion BoP, current US$ | 10 |
| 2020s | 632.19 million BoP, current US$ | 209.72 million BoP, current US$ | 1.21 billion BoP, current US$ | 5 |
Countries ranked near Nepal
More economy & growth data for Nepal
- Gross national expenditure 7.60 trillion current LCU (2025)
- Final consumption expenditure 5.77 trillion current LCU (2025)
- Final consumption expenditure 33.58 billion constant 2015 US$ (2025)
- Final consumption expenditure 3.2% (2025)
- Industry (including construction), value added 747.12 billion current LCU (2025)
- Final consumption expenditure 93.1% (2025)
- Industry (including construction), value added 5.48 billion current US$ (2025)
- Gross national expenditure 55.73 billion current US$ (2025)
- Exports of goods and services 3.10 billion constant 2015 US$ (2025)
- Exports of goods and services 547.30 billion current LCU (2025)
Frequently asked questions
- What is net errors and omissions in Nepal?
- Net errors and omissions in Nepal was 376.05 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 Nepal?
- The highest recorded value was 1.21 billion BoP, current US$ in 2022.
- What is the lowest net errors and omissions recorded in Nepal?
- The lowest recorded value was -175.13 million BoP, current US$ in 2010.
- How does Nepal rank for net errors and omissions?
- Nepal ranks 53rd out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Nepal?
- Over the last ten years it is up 133.9%. The long-run trend across the full record is volatile.
- Where does this Nepal 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.