Net errors and omissions in Sri Lanka
Sri Lanka: Net errors and omissions was -325.42 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Sri Lanka, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net errors and omissions in Sri Lanka stood at -325.42 million BoP, current US$.
The figure is down 5,164.0% on the previous year and down 182.7% over ten years.
Over the whole period, net errors and omissions in Sri Lanka peaked at 764.71 million BoP, current US$ in 2020 and was at its lowest, -951.79 million BoP, current US$, in 2021.
Sri Lanka ranks 140th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.01 million BoP, current US$ | -17.68 million BoP, current US$ | 49.36 million BoP, current US$ | 5 |
| 1980s | -26.16 million BoP, current US$ | -122.46 million BoP, current US$ | 37.33 million BoP, current US$ | 10 |
| 1990s | 98.85 million BoP, current US$ | -115.06 million BoP, current US$ | 225.59 million BoP, current US$ | 10 |
| 2000s | 81.55 million BoP, current US$ | -184.31 million BoP, current US$ | 738.56 million BoP, current US$ | 10 |
| 2010s | -376.82 million BoP, current US$ | -867.24 million BoP, current US$ | 393.38 million BoP, current US$ | 10 |
| 2020s | -129.09 million BoP, current US$ | -951.79 million BoP, current US$ | 764.71 million BoP, current US$ | 5 |
Countries ranked near Sri Lanka
- 137 Laos -227.17 million BoP, current US$ compare
- 138 Tajikistan -239.52 million BoP, current US$ compare
- 139 Madagascar -240.77 million BoP, current US$ compare
- 141 Guatemala -332.97 million BoP, current US$ compare
- 142 Gambia -333.27 million BoP, current US$ compare
- 143 Philippines -346.43 million BoP, current US$ compare
More economy & growth data for Sri Lanka
- Gross national expenditure 113.04 billion current US$ (2025)
- Final consumption expenditure 80.78 billion current US$ (2025)
- Final consumption expenditure 24.31 trillion current LCU (2025)
- Final consumption expenditure 74.55 billion constant 2015 US$ (2025)
- Final consumption expenditure 5.3% (2025)
- Industry (including construction), value added 27.69 billion current US$ (2025)
- Final consumption expenditure 74.2% (2025)
- Manufacturing, value added 17.1% (2025)
- Exports of goods and services 6.21 trillion current LCU (2025)
- Exports of goods and services 20.64 billion current US$ (2025)
Frequently asked questions
- What is net errors and omissions in Sri Lanka?
- Net errors and omissions in Sri Lanka was -325.42 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 Sri Lanka?
- The highest recorded value was 764.71 million BoP, current US$ in 2020.
- What is the lowest net errors and omissions recorded in Sri Lanka?
- The lowest recorded value was -951.79 million BoP, current US$ in 2021.
- How does Sri Lanka rank for net errors and omissions?
- Sri Lanka ranks 140th out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Sri Lanka?
- Over the last ten years it is down 182.7%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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.