Net errors and omissions, Net (credits less debits), Adjusted using in Australia
Australia: Net errors and omissions, Net (credits less debits), Adjusted using was -11.46 billion in 2024. β Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Australia, 2005β2024
Source: International Monetary Fund.
Analysis
Australia recorded -11.46 billion for net errors and omissions, net (credits less debits), adjusted using in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 618.6% on the previous year and down 432.9% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Australia peaked at 7.55 billion in 2020 and was at its lowest, -11.46 billion, in 2024.
That places Australia 189th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -67.33 million | -3.83 billion | 1.82 billion | 5 |
| 2010s | -524.69 million | -8.60 billion | 5.08 billion | 10 |
| 2020s | 1.26 billion | -11.46 billion | 7.55 billion | 5 |
Countries ranked near Australia
More financial sector data for Australia
- Domestic credit to private sector by banks 133.8% (2025)
- Total reserves in months of imports 1.58 (2025)
- Net domestic credit 5.96 trillion current LCU (2025)
- Net foreign assets -136.13 billion current LCU (2025)
- Monetary Sector credit to private sector 133.8% (2025)
- Broad money 133.1% (2025)
- Claims on central government, etc. 8.0% (2025)
- Domestic credit to private sector 133.8% (2025)
- Official exchange rate 1.55 LCU per US$, period average (2025)
- Net migration 137,109 (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Australia?
- Net errors and omissions, net (credits less debits), adjusted using in Australia was -11.46 billion in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Australia?
- The highest recorded value was 7.55 billion in 2020.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Australia?
- The lowest recorded value was -11.46 billion in 2024.
- How does Australia rank for net errors and omissions, net (credits less debits), adjusted using?
- Australia ranks 189th out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Australia?
- Over the last ten years it is down 432.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
Download this data
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About this data
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.