Net errors and omissions in Nepal

Nepal: Net errors and omissions was 376.05 million BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
376.05 million BoP, current US$
Change on year
down 58.9%
World rank
53rd
of 198 countries
All-time high
1.21 billion BoP, current US$
in 2022
All-time low
-175.13 million BoP, current US$
in 2010
Years of data
49
1976–2024

Net errors and omissions in Nepal, 1976–2024

0500.0M1.0B197620002024

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

DecadeAverage LowestHighest 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

  1. 50 Gabon 452.22 million BoP, current US$ compare
  2. 51 Honduras 403.37 million BoP, current US$ compare
  3. 52 Romania 388.11 million BoP, current US$ compare
  4. 54 Bhutan 350.13 million BoP, current US$ compare
  5. 55 Latvia 342.81 million BoP, current US$ compare

See the full ranking of 199 places →

More economy & growth data for Nepal

All data for Nepal →

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.

Download this data

CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Net errors and omissions (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 7,770 data points, 1960–2025
Last refreshed

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.