Iceland vs Latvia: Net errors and omissions, Net (credits less debits), Adjusted using

Iceland
1.09 billion
in 2024
Latvia
960.28 million
in 2024
Iceland rank
31st
Latvia rank
33rd

Net errors and omissions, Net (credits less debits), Adjusted using over time

  • Iceland
  • Latvia
-10.0B-5.0B05.0B200520142024

How they compare

Iceland currently reports 1.09 billion against 960.28 million in Latvia, a difference of 129.32 million.

That makes Iceland's figure about 1.1 times Latvia's.

The two have swapped places 8 times across 20 shared years of data; in 2005 it was Iceland ahead.

Iceland ranks 31st and Latvia ranks 33rd of 197 countries.

Latvia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Latvia Difference Ahead
2000s -1.19 billion -322.51 million 870.67 million Latvia
2010s 58.83 million 384.84 million 326.01 million Latvia
2020s 414.59 million 858.36 million 443.77 million Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net errors and omissions, net (credits less debits), adjusted using, Iceland or Latvia?
Iceland, at 1.09 billion against 960.28 million in Latvia as of 2024.
What is the difference in net errors and omissions, net (credits less debits), adjusted using between Iceland and Latvia?
129.32 million, with Iceland ahead.
How many years of comparable data are there for Iceland and Latvia?
20 years are reported by both, from 2005 to 2024.
How do Iceland and Latvia rank globally for net errors and omissions, net (credits less debits), adjusted using?
Iceland ranks 31st and Latvia ranks 33rd of 197 countries.
Where does this data come from?
International Monetary Fund, published as Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latvia: Net errors and omissions, Net (credits less debits), Adjusted using. Statizoid, drawing on International Monetary Fund. Retrieved 22 August 2026, from https://financial-sector.statizoid.com/compare/net-errors-and-omissions-net-credits-less-debits-adjusted-using-imf-accounting-records-us/iceland/latvia/

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About this data

Indicator
Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,854 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.