Net errors and omissions in Sierra Leone
Sierra Leone: Net errors and omissions was -25.03 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Sierra Leone, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Sierra Leone is -25.03 million BoP, current US$, measured in 2024.
Compared with earlier readings it is down 196.0% on the previous year and up 91.1% over ten years.
Over the whole period, net errors and omissions in Sierra Leone peaked at 545.76 million BoP, current US$ in 2015 and was at its lowest, -280.53 million BoP, current US$, in 2014.
Sierra Leone ranks 106th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.91 million BoP, current US$ | 12.21 million BoP, current US$ | 26.74 million BoP, current US$ | 3 |
| 1980s | -2.39 million BoP, current US$ | -62.66 million BoP, current US$ | 68.06 million BoP, current US$ | 10 |
| 1990s | 42.39 million BoP, current US$ | -43.88 million BoP, current US$ | 111.32 million BoP, current US$ | 10 |
| 2000s | -34.40 million BoP, current US$ | -113.13 million BoP, current US$ | 36.42 million BoP, current US$ | 10 |
| 2010s | 29.45 million BoP, current US$ | -280.53 million BoP, current US$ | 545.76 million BoP, current US$ | 10 |
| 2020s | -13.17 million BoP, current US$ | -71.03 million BoP, current US$ | 39.80 million BoP, current US$ | 5 |
Countries ranked near Sierra Leone
- 103 Seychelles -19.83 million BoP, current US$ compare
- 104 Tonga -22.70 million BoP, current US$ compare
- 105 Eritrea -22.87 million BoP, current US$ compare
- 107 Belize -31.22 million BoP, current US$ compare
- 108 Aruba -31.77 million BoP, current US$ compare
- 109 Chad -32.00 million BoP, current US$ compare
More economy & growth data for Sierra Leone
- Imports of goods and services 4.24 billion constant 2015 US$ (2025)
- External balance on goods and services -12.37 billion current LCU (2025)
- External balance on goods and services -545.92 million current US$ (2025)
- Imports of goods and services 28.2% (2025)
- Imports of goods and services 11.7% (2025)
- Imports of goods and services 2.11 billion current US$ (2025)
- Gross capital formation 18.7% (2025)
- Gross capital formation 23.2% (2025)
- External balance on goods and services -7.3% (2025)
- Imports of goods and services 47.70 billion current LCU (2025)
Frequently asked questions
- What is net errors and omissions in Sierra Leone?
- Net errors and omissions in Sierra Leone was -25.03 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 Sierra Leone?
- The highest recorded value was 545.76 million BoP, current US$ in 2015.
- What is the lowest net errors and omissions recorded in Sierra Leone?
- The lowest recorded value was -280.53 million BoP, current US$ in 2014.
- How does Sierra Leone rank for net errors and omissions?
- Sierra Leone ranks 106th out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Sierra Leone?
- Over the last ten years it is up 91.1%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone 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.