Net errors and omissions in Senegal

Senegal: Net errors and omissions was 11.13 million BoP, current US$ in 2023. ◆ Volatile

Latest (2023)
11.13 million BoP, current US$
Change on year
up 222.5%
World rank
83rd
of 198 countries
All-time high
30.79 million BoP, current US$
in 2002
All-time low
-34.02 million BoP, current US$
in 1979
Years of data
50
1974–2023

Net errors and omissions in Senegal, 1974–2023

-40.0M-20.0M020.0M40.0M197419982023

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 Senegal is 11.13 million BoP, current US$, measured in 2023.

Compared with earlier readings it is up 222.5% on the previous year and down 2.3% over ten years.

Over the whole period, net errors and omissions in Senegal peaked at 30.79 million BoP, current US$ in 2002 and was at its lowest, -34.02 million BoP, current US$, in 1979.

That places Senegal 83rd out of 198 countries with data for 2023, 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

DecadeAverage LowestHighest Years
1970s -1.49 million BoP, current US$ -34.02 million BoP, current US$ 19.18 million BoP, current US$ 6
1980s -3.56 million BoP, current US$ -30.39 million BoP, current US$ 15.24 million BoP, current US$ 10
1990s -1.02 million BoP, current US$ -21.88 million BoP, current US$ 12.43 million BoP, current US$ 10
2000s 10.38 million BoP, current US$ -8.84 million BoP, current US$ 30.79 million BoP, current US$ 10
2010s 6.64 million BoP, current US$ -3.92 million BoP, current US$ 11.39 million BoP, current US$ 10
2020s 6.20 million BoP, current US$ -9.09 million BoP, current US$ 11.60 million BoP, current US$ 4

Countries ranked near Senegal

  1. 80 Montenegro 13.05 million BoP, current US$ compare
  2. 81 Bosnia and Herzegovina 12.79 million BoP, current US$ compare
  3. 82 Solomon Islands 11.60 million BoP, current US$ compare
  4. 84 Sint Maarten (Dutch part) 11.07 million BoP, current US$ compare
  5. 85 Cameroon 9.06 million BoP, current US$ compare
  6. 86 Cote d'Ivoire 6.96 million BoP, current US$ compare

See the full ranking of 199 places →

More economy & growth data for Senegal

All data for Senegal →

Frequently asked questions

What is net errors and omissions in Senegal?
Net errors and omissions in Senegal was 11.13 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 Senegal?
The highest recorded value was 30.79 million BoP, current US$ in 2002.
What is the lowest net errors and omissions recorded in Senegal?
The lowest recorded value was -34.02 million BoP, current US$ in 1979.
How does Senegal rank for net errors and omissions?
Senegal ranks 83rd out of 198 countries with data for 2023.
Is net errors and omissions rising or falling in Senegal?
Over the last ten years it is down 2.3%. The long-run trend across the full record is volatile.
Where does this Senegal 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

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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.