Kiribati - Net errors and omissions

Net errors and omissions (BoP, current US$)

The latest value for Net errors and omissions (BoP, current US$) in Kiribati was $7,248,081 as of 2020. Over the past 41 years, the value for this indicator has fluctuated between $9,724,409 in 2009 and ($19,463,760) 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
1979 ($12,109,890)
1980 ($1,737,558)
1981 ($7,226,953)
1982 $1,628,016
1983 $127,926
1984 ($3,195,207)
1985 ($4,761,523)
1986 ($5,016,130)
1987 ($1,804,394)
1988 ($4,219,834)
1989 ($4,724,827)
1990 ($5,009,146)
1991 ($9,637,347)
1992 ($8,983,964)
1993 $769,775
1994 ($5,112,774)
2006 $7,249,333
2007 ($4,014,085)
2008 $1,309,897
2009 $9,724,409
2010 ($11,052,460)
2011 $2,948,761
2012 ($19,463,760)
2013 $6,681,862
2014 ($3,912,661)
2015 ($4,739,563)
2016 $3,397,448
2017 ($454,525)
2018 ($1,832,818)
2019 ($793,513)
2020 $7,248,081

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments