Australia - Net errors and omissions
Net errors and omissions (BoP, current US$)
The latest value for Net errors and omissions (BoP, current US$) in Australia was $1,391,073,000.00 as of 2011. Over the past 6 years, the value for this indicator has fluctuated between $1,391,073,000.00 in 2011 and ($576,200,800.00) in 2005.
Definition: 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. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
Sub-Topic: Balance of payments