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Net errors and omissions in current prices

(US dollars)

The United States of America is the top country by net errors and omissions in the world. As of 2017, net errors and omissions in the United States of America was 92,527 million US dollars that accounts for -46.19 % of the world's net errors and omissions. The top 5 countries (others are Germany, Kuwait, the United Kingdom, and Ireland) account for -79.63 % of it. The world's total net errors and omissions was estimated at -200,321 million US dollars in 2017.

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What is net errors and omissions?

Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero.