Net errors and omissions in Spain
Spain: Net errors and omissions was 1.12 billion BoP, current US$ in 2025. ◆ Volatile
Net errors and omissions in Spain, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Spain recorded 1.12 billion BoP, current US$ for net errors and omissions in 2025.
The figure is down 93.1% on the previous year and up 39.6% over ten years.
Over the whole period, net errors and omissions in Spain peaked at 16.15 billion BoP, current US$ in 2024 and was at its lowest, -8.29 billion BoP, current US$, in 2009.
Spain ranks 28th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -219.99 million BoP, current US$ | -1.99 billion BoP, current US$ | 802.61 million BoP, current US$ | 5 |
| 1980s | -1.38 billion BoP, current US$ | -2.55 billion BoP, current US$ | 87.05 million BoP, current US$ | 10 |
| 1990s | -1.32 billion BoP, current US$ | -5.91 billion BoP, current US$ | 2.74 billion BoP, current US$ | 10 |
| 2000s | 1.32 billion BoP, current US$ | -8.29 billion BoP, current US$ | 5.48 billion BoP, current US$ | 10 |
| 2010s | -359.58 million BoP, current US$ | -5.26 billion BoP, current US$ | 5.48 billion BoP, current US$ | 10 |
| 2020s | 2.79 billion BoP, current US$ | -4.22 billion BoP, current US$ | 16.15 billion BoP, current US$ | 6 |
Countries ranked near Spain
More economy & growth data for Spain
- Exports of goods and services 618.13 billion current LCU (2025)
- Industry (including construction), value added 19.6% (2025)
- Gross national expenditure 1.83 trillion current US$ (2025)
- Gross national expenditure 1.62 trillion current LCU (2025)
- Gross national expenditure 1.42 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 260.19 billion constant LCU (2025)
- Gross national expenditure 96.2% (2025)
- Exports of goods and services 698.48 billion current US$ (2025)
- Gross fixed capital formation 347.70 billion current LCU (2025)
- Gross fixed capital formation 392.89 billion current US$ (2025)
Frequently asked questions
- What is net errors and omissions in Spain?
- Net errors and omissions in Spain was 1.12 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Spain?
- The highest recorded value was 16.15 billion BoP, current US$ in 2024.
- What is the lowest net errors and omissions recorded in Spain?
- The lowest recorded value was -8.29 billion BoP, current US$ in 2009.
- How does Spain rank for net errors and omissions?
- Spain ranks 28th out of 198 countries with data for 2025.
- Is net errors and omissions rising or falling in Spain?
- Over the last ten years it is up 39.6%. The long-run trend across the full record is volatile.
- Where does this Spain 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.