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

Iceland
1.09 billion
in 2024
South Africa
1.04 billion
in 2024
Iceland rank
31st
South Africa rank
32nd

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

  • Iceland
  • South Africa
-10.0B-5.0B05.0B200520142024

How they compare

Iceland currently reports 1.09 billion against 1.04 billion in South Africa, a difference of 54.54 million.

That makes Iceland's figure about 1.1 times South Africa's.

The two have swapped places 7 times across 20 shared years of data; in 2005 it was South Africa ahead.

Iceland ranks 31st and South Africa ranks 32nd of 197 countries.

Across the 3 decades both report, Iceland averaged higher in 1 and South Africa in 2.

Head to head by decade

Decade Iceland South Africa Difference Ahead
2000s -1.19 billion 247.19 million 1.44 billion South Africa
2010s 58.83 million -803.45 million 862.29 million Iceland
2020s 414.59 million 696.39 million 281.79 million South Africa

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 South Africa?
Iceland, at 1.09 billion against 1.04 billion in South Africa as of 2024.
What is the difference in net errors and omissions, net (credits less debits), adjusted using between Iceland and South Africa?
54.54 million, with Iceland ahead.
How many years of comparable data are there for Iceland and South Africa?
20 years are reported by both, from 2005 to 2024.
How do Iceland and South Africa rank globally for net errors and omissions, net (credits less debits), adjusted using?
Iceland ranks 31st and South Africa ranks 32nd 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 South Africa: Net errors and omissions, Net (credits less debits), Adjusted using. Statizoid, drawing on International Monetary Fund. Retrieved 30 August 2026, from https://financial-sector.statizoid.com/compare/net-errors-and-omissions-net-credits-less-debits-adjusted-using-imf-accounting-records-us/iceland/south-africa/

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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.