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 ($4,770,335,000) as of 2020. Over the past 31 years, the value for this indicator has fluctuated between $3,790,090,000 in 2016 and ($8,435,350,000) in 2012.

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.

See also:

Year Value
1989 $1,565,608,000
1990 $1,621,775,000
1991 $883,177,200
1992 $1,528,925,000
1993 ($463,133,000)
1994 $324,067,600
1995 $123,701,800
1996 $588,058,400
1997 ($654,677,100)
1998 $272,742,700
1999 $380,978,000
2000 $755,023,400
2001 $475,663,000
2002 $190,866,400
2003 $691,009,900
2004 $816,879,400
2005 $1,268,798,000
2006 $1,356,187,000
2007 $1,433,381,000
2008 $1,347,438,000
2009 $984,679,400
2010 $866,990,400
2011 $2,060,146,000
2012 ($8,435,350,000)
2013 $91,434,590
2014 $52,632,440
2015 ($3,004,636,000)
2016 $3,790,090,000
2017 ($2,206,528,000)
2018 $246,287,300
2019 $2,388,908,000
2020 ($4,770,335,000)

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments