Net errors and omissions in Turks and Caicos Islands

Turks and Caicos Islands: Net errors and omissions was -65.78 million BoP, current US$ in 2018. ◆ Volatile

Latest (2018)
-65.78 million BoP, current US$
Change on year
down 209.5%
World rank
119th
of 198 countries
All-time high
286.35 million BoP, current US$
in 2015
All-time low
-65.78 million BoP, current US$
in 2018
Years of data
5
2014–2018

Net errors and omissions in Turks and Caicos Islands, 2014–2018

-100.0M0100.0M200.0M300.0M2014201620182014: -10.6M BoP, current US$2015: 286.3M BoP, current US$2016: 22.9M BoP, current US$2017: -21.2M BoP, current US$2018: -65.8M BoP, current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

Turks and Caicos Islands recorded -65.78 million BoP, current US$ for net errors and omissions in 2018. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 209.5% on the previous year and down 522.6% over five years.

That places Turks and Caicos Islands 119th out of 198 countries with data for 2018, putting it in the middle of the range.

Countries ranked near Turks and Caicos Islands

  1. 116 Sao Tome and Principe -49.27 million BoP, current US$ compare
  2. 117 Marshall Islands -49.93 million BoP, current US$ compare
  3. 118 San Marino -53.75 million BoP, current US$ compare
  4. 120 Mozambique -77.07 million BoP, current US$ compare
  5. 121 Burundi -80.21 million BoP, current US$ compare
  6. 122 Moldova -80.78 million BoP, current US$ compare

See the full ranking of 199 places →

More economy & growth data for Turks and Caicos Islands

All data for Turks and Caicos Islands →

Frequently asked questions

What is net errors and omissions in Turks and Caicos Islands?
Net errors and omissions in Turks and Caicos Islands was -65.78 million BoP, current US$ in 2018, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest net errors and omissions recorded in Turks and Caicos Islands?
The highest recorded value was 286.35 million BoP, current US$ in 2015.
What is the lowest net errors and omissions recorded in Turks and Caicos Islands?
The lowest recorded value was -65.78 million BoP, current US$ in 2018.
How does Turks and Caicos Islands rank for net errors and omissions?
Turks and Caicos Islands ranks 119th out of 198 countries with data for 2018.
Where does this Turks and Caicos Islands 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

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.