Net errors and omissions in Tonga
Tonga: Net errors and omissions was -22.70 million BoP, current US$ in 2024. ◆ Volatile
Net errors and omissions in Tonga, 1971–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net errors and omissions in Tonga stood at -22.70 million BoP, current US$.
Compared with earlier readings it is up 60.7% on the previous year and down 31.8% over ten years.
Over the whole period, net errors and omissions in Tonga peaked at 38.95 million BoP, current US$ in 2019 and was at its lowest, -73.17 million BoP, current US$, in 2018.
Tonga ranks 104th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 50,020 BoP, current US$ | -2.40 million BoP, current US$ | 2.96 million BoP, current US$ | 9 |
| 1980s | -222,374 BoP, current US$ | -4.07 million BoP, current US$ | 7.07 million BoP, current US$ | 10 |
| 1990s | -797,044 BoP, current US$ | -4.01 million BoP, current US$ | 1.59 million BoP, current US$ | 5 |
| 2000s | 963,177 BoP, current US$ | -42.85 million BoP, current US$ | 37.60 million BoP, current US$ | 9 |
| 2010s | 2.74 million BoP, current US$ | -73.17 million BoP, current US$ | 38.95 million BoP, current US$ | 10 |
| 2020s | -21.56 million BoP, current US$ | -57.76 million BoP, current US$ | -1.26 million BoP, current US$ | 5 |
Countries ranked near Tonga
- 101 Burkina Faso -8.15 million BoP, current US$ compare
- 102 Antigua and Barbuda -19.23 million BoP, current US$ compare
- 103 Seychelles -19.83 million BoP, current US$ compare
- 105 Eritrea -22.87 million BoP, current US$ compare
- 106 Sierra Leone -25.03 million BoP, current US$ compare
- 107 Belize -31.22 million BoP, current US$ compare
More economy & growth data for Tonga
- Manufacturing, value added 63.22 million constant LCU (2024)
- Households and NPISHs final consumption expenditure 96.2% (2024)
- Final consumption expenditure 775.34 million current US$ (2024)
- Final consumption expenditure 1.84 billion current LCU (2024)
- Final consumption expenditure 642.46 million constant 2015 US$ (2024)
- Final consumption expenditure 0.9% (2024)
- Manufacturing, value added 5.5% (2024)
- Final consumption expenditure 119.7% (2024)
- Exports of goods and services 109.42 million current US$ (2024)
- Gross national expenditure 146.1% (2024)
Frequently asked questions
- What is net errors and omissions in Tonga?
- Net errors and omissions in Tonga was -22.70 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 Tonga?
- The highest recorded value was 38.95 million BoP, current US$ in 2019.
- What is the lowest net errors and omissions recorded in Tonga?
- The lowest recorded value was -73.17 million BoP, current US$ in 2018.
- How does Tonga rank for net errors and omissions?
- Tonga ranks 104th out of 198 countries with data for 2024.
- Is net errors and omissions rising or falling in Tonga?
- Over the last ten years it is down 31.8%. The long-run trend across the full record is volatile.
- Where does this Tonga 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
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.