Net errors and omissions, Net (credits less debits), Adjusted using in Bermuda
Bermuda: Net errors and omissions, Net (credits less debits), Adjusted using was -370.23 million in 2023. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Bermuda, 2006–2023
Source: International Monetary Fund.
Analysis
Bermuda recorded -370.23 million for net errors and omissions, net (credits less debits), adjusted using in 2023.
That represents a change of down 78.8% on the previous year and down 492.2% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Bermuda peaked at 140.36 million in 2014 and was at its lowest, -2.85 billion, in 2006.
Bermuda ranks 141st of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions, Net (credits less debits), Adjusted using in Bermuda, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | -2.85 billion | — |
| 2007 | -2.14 billion | -25.0% |
| 2008 | -437.33 million | -79.5% |
| 2009 | -893.72 million | +104.4% |
| 2010 | 18.03 million | -102.0% |
| 2011 | -630.19 million | -3594.7% |
| 2012 | -98.75 million | -84.3% |
| 2013 | 94.41 million | -195.6% |
| 2014 | 140.36 million | +48.7% |
| 2015 | -183.32 million | -230.6% |
| 2016 | -15.43 million | -91.6% |
| 2017 | -116.47 million | +655.1% |
| 2018 | 11.90 million | -110.2% |
| 2019 | 52.88 million | +344.2% |
| 2020 | -24.63 million | -146.6% |
| 2021 | -93.08 million | +277.9% |
| 2022 | -207.01 million | +122.4% |
| 2023 | -370.23 million | +78.8% |
Bermuda compared with similar countries
- Bermuda's -370.23 million is below the median for high income countries, which is -38.17 million, 9.7× the median. (71 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions, Net (credits less debits), Adjusted using in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | -3594.7% | 18.03 million | -630.19 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.58 billion | -2.85 billion | -437.33 million | 4 |
| 2010s | -72.66 million | -630.19 million | 140.36 million | 10 |
| 2020s | -173.74 million | -370.23 million | -24.63 million | 4 |
Countries ranked near Bermuda
More financial sector data for Bermuda
- Net migration, annual growth rate 60 % change on previous year (2025)
- Net migration -2 (2025)
- Official exchange rate 1 LCU per US$, period average (2025)
- GDP deflator: linked series 129.48 base year varies by country (2024)
- Inflation, GDP deflator: linked series 4.9% (2024)
- GDP deflator: linked series (base year varies by country), annual 4.9 % change on previous year (2024)
- Reserve assets 211.49 million US dollar (2023)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Total assets, Adjusted using IMF accounting records 15.85 billion US dollar (2023)
- Reserve assets (Assets, Positions, US dollar), annual growth rate -3.04 % change on previous year (2023)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Bermuda?
- Net errors and omissions, net (credits less debits), adjusted using in Bermuda was -370.23 million in 2023, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Bermuda?
- The highest recorded value was 140.36 million in 2014.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Bermuda?
- The lowest recorded value was -2.85 billion in 2006.
- How does Bermuda rank for net errors and omissions, net (credits less debits), adjusted using?
- Bermuda ranks 141st out of 197 countries with data for 2023.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Bermuda?
- Over the last ten years it is down 492.2%. The long-run trend across the full record is volatile.
- Where does this Bermuda 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.
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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.