Net errors and omissions in San Marino
San Marino: Net errors and omissions was -53.75 million BoP, current US$ in 2023. ◆ Volatile
Net errors and omissions in San Marino, 2017–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net errors and omissions in San Marino stood at -53.75 million BoP, current US$.
Compared with earlier readings it is down 200.1% on the previous year and down 184.1% over ten years.
San Marino ranks 118th of 198 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 64.20 million BoP, current US$ | 51.55 million BoP, current US$ | 77.10 million BoP, current US$ | 3 |
| 2020s | 2.32 million BoP, current US$ | -82.51 million BoP, current US$ | 91.87 million BoP, current US$ | 4 |
Countries ranked near San Marino
- 115 Ethiopia -48.85 million BoP, current US$ compare
- 116 Sao Tome and Principe -49.27 million BoP, current US$ compare
- 117 Marshall Islands -49.93 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
- 121 Burundi -80.21 million BoP, current US$ compare
More economy & growth data for San Marino
- Gross fixed capital formation -4.7% (2023)
- Exports of goods and services 3.25 billion constant 2015 US$ (2023)
- Exports of goods and services -5.4% (2023)
- Services, value added 3.7% (2023)
- Exports of goods and services 186.0% (2023)
- Gross fixed capital formation 342.26 million current US$ (2023)
- Gross fixed capital formation 316.53 million current LCU (2023)
- Gross fixed capital formation 294.14 million constant 2015 US$ (2023)
- Services, value added 1.07 billion current LCU (2023)
- Changes in inventories -5.62 million current LCU (2023)
Frequently asked questions
- What is net errors and omissions in San Marino?
- Net errors and omissions in San Marino was -53.75 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in San Marino?
- The highest recorded value was 91.87 million BoP, current US$ in 2020.
- What is the lowest net errors and omissions recorded in San Marino?
- The lowest recorded value was -82.51 million BoP, current US$ in 2021.
- How does San Marino rank for net errors and omissions?
- San Marino ranks 118th out of 198 countries with data for 2023.
- Is net errors and omissions rising or falling in San Marino?
- Over the last ten years it is down 184.1%. The long-run trend across the full record is volatile.
- Where does this San Marino 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.