Iceland - Net errors and omissions
Net errors and omissions (BoP, current US$)
The latest value for Net errors and omissions (BoP, current US$) in Iceland was $1,186,392,000 as of 2020. Over the past 44 years, the value for this indicator has fluctuated between $6,174,800,000 in 2009 and ($9,633,559,000) in 2008.
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 |
|---|---|
| 1976 | ($5,100,000) |
| 1977 | ($20,300,000) |
| 1978 | ($33,300,000) |
| 1979 | ($40,700,000) |
| 1980 | ($53,800,000) |
| 1981 | ($16,800,000) |
| 1982 | ($50,400,000) |
| 1983 | $1,900,000 |
| 1984 | ($27,100,000) |
| 1985 | ($53,500,000) |
| 1986 | ($30,100,000) |
| 1987 | ($75,400,000) |
| 1988 | $5,500,000 |
| 1989 | $31,600,000 |
| 1990 | ($27,823,430) |
| 1991 | $16,083,460 |
| 1992 | $714,874 |
| 1993 | ($46,710,860) |
| 1994 | $27,065,640 |
| 1995 | ($41,295,870) |
| 1996 | $21,719,640 |
| 1997 | ($120,533,500) |
| 1998 | $62,489,920 |
| 1999 | ($167,556,200) |
| 2000 | ($182,327,500) |
| 2001 | $252,477,800 |
| 2002 | ($76,620,810) |
| 2003 | $466,823,500 |
| 2004 | ($303,343,600) |
| 2005 | $326,846,100 |
| 2006 | ($1,829,471,000) |
| 2007 | ($1,252,763,000) |
| 2008 | ($9,633,559,000) |
| 2009 | $6,174,800,000 |
| 2010 | $192,715,300 |
| 2011 | $1,471,054,000 |
| 2012 | ($399,353,500) |
| 2013 | $91,190,580 |
| 2014 | ($67,424,690) |
| 2015 | ($147,659,000) |
| 2016 | $146,845,700 |
| 2017 | ($740,454,700) |
| 2018 | $534,214,500 |
| 2019 | $36,477,750 |
| 2020 | $1,186,392,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
