Venezuela - Net errors and omissions

Net errors and omissions (BoP, current US$)

The latest value for Net errors and omissions (BoP, current US$) in Venezuela was ($2,794,000,000) as of 2016. Over the past 46 years, the value for this indicator has fluctuated between $3,090,000,000 in 1988 and ($3,730,000,000) in 2010.

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
1970 $69,000,000
1971 ($74,000,000)
1972 $497,000,000
1973 ($475,000,000)
1974 ($468,000,000)
1975 $408,000,000
1976 $2,012,000,000
1977 $2,293,000,000
1978 $1,531,000,000
1979 $527,000,000
1980 ($1,137,000,000)
1981 ($2,139,000,000)
1982 ($2,385,000,000)
1983 ($278,000,000)
1984 ($1,071,000,000)
1985 ($910,000,000)
1986 ($850,000,000)
1987 ($411,000,000)
1988 $3,090,000,000
1989 $1,623,000,000
1990 ($1,760,000,000)
1991 ($1,516,000,000)
1992 ($494,000,000)
1993 ($538,000,000)
1994 ($281,000,000)
1995 ($493,000,000)
1996 ($892,000,000)
1997 ($1,520,000,000)
1998 ($1,662,000,000)
1999 ($534,000,000)
2000 ($2,926,000,000)
2001 ($3,603,000,000)
2002 ($2,783,000,000)
2003 ($795,000,000)
2004 ($2,503,000,000)
2005 ($3,593,000,000)
2006 ($2,211,000,000)
2007 ($790,000,000)
2008 ($1,908,000,000)
2009 ($2,804,000,000)
2010 ($3,730,000,000)
2011 ($1,481,000,000)
2012 ($2,122,000,000)
2013 ($3,418,000,000)
2014 ($3,219,000,000)
2015 ($2,252,000,000)
2016 ($2,794,000,000)

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments