Net errors and omissions in Tanzania

Tanzania: Net errors and omissions was 15.34 million BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
15.34 million BoP, current US$
Change on year
up 101.8%
World rank
77th
of 198 countries
All-time high
1.12 billion BoP, current US$
in 2014
All-time low
-1.91 billion BoP, current US$
in 2019
Years of data
49
1976–2024

Net errors and omissions in Tanzania, 1976–2024

-2.0B-1.0B01.0B197620002024

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 Tanzania is 15.34 million BoP, current US$, measured in 2024.

Compared with earlier readings it is up 101.8% on the previous year and down 98.6% over ten years.

Over the whole period, net errors and omissions in Tanzania peaked at 1.12 billion BoP, current US$ in 2014 and was at its lowest, -1.91 billion BoP, current US$, in 2019.

Tanzania ranks 77th 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

DecadeAverage LowestHighest Years
1970s 19.72 million BoP, current US$ -11.07 million BoP, current US$ 63.81 million BoP, current US$ 4
1980s 5.66 million BoP, current US$ -61.72 million BoP, current US$ 126.93 million BoP, current US$ 10
1990s 20.42 million BoP, current US$ -214.74 million BoP, current US$ 158.62 million BoP, current US$ 10
2000s -255.74 million BoP, current US$ -839.46 million BoP, current US$ 376.55 million BoP, current US$ 10
2010s -260.40 million BoP, current US$ -1.91 billion BoP, current US$ 1.12 billion BoP, current US$ 10
2020s -202.29 million BoP, current US$ -831.66 million BoP, current US$ 585.14 million BoP, current US$ 5

Countries ranked near Tanzania

  1. 74 Equatorial Guinea 23.71 million BoP, current US$ compare
  2. 75 Grenada 19.00 million BoP, current US$ compare
  3. 76 Mali 18.29 million BoP, current US$ compare
  4. 78 Vanuatu 14.40 million BoP, current US$ compare
  5. 79 Niger 14.32 million BoP, current US$ compare
  6. 80 Montenegro 13.05 million BoP, current US$ compare

See the full ranking of 199 places →

More economy & growth data for Tanzania

All data for Tanzania →

Frequently asked questions

What is net errors and omissions in Tanzania?
Net errors and omissions in Tanzania was 15.34 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 Tanzania?
The highest recorded value was 1.12 billion BoP, current US$ in 2014.
What is the lowest net errors and omissions recorded in Tanzania?
The lowest recorded value was -1.91 billion BoP, current US$ in 2019.
How does Tanzania rank for net errors and omissions?
Tanzania ranks 77th out of 198 countries with data for 2024.
Is net errors and omissions rising or falling in Tanzania?
Over the last ten years it is down 98.6%. The long-run trend across the full record is volatile.
Where does this Tanzania 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.