Net errors and omissions, Net (credits less debits), Adjusted using in Canada
Canada: Net errors and omissions, Net (credits less debits), Adjusted using was -3.25 billion in 2024. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Canada, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Canada stood at -3.25 billion.
That represents a change of down 206.3% on the previous year and down 89.4% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Canada peaked at 5.26 billion in 2018 and was at its lowest, -4.40 billion, in 2011.
That places Canada 179th 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.
Net errors and omissions, Net (credits less debits), Adjusted using in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.33 billion | — |
| 2006 | 2.17 billion | -263.2% |
| 2007 | 2.59 billion | +19.1% |
| 2008 | -4.23 billion | -263.5% |
| 2009 | -600.84 million | -85.8% |
| 2010 | -18.49 million | -96.9% |
| 2011 | -4.40 billion | +23674.7% |
| 2012 | 955.06 million | -121.7% |
| 2013 | 1.01 billion | +5.9% |
| 2014 | -1.72 billion | -269.8% |
| 2015 | 2.47 billion | -244.1% |
| 2016 | 1.83 billion | -25.8% |
| 2017 | 2.04 billion | +11.3% |
| 2018 | 5.26 billion | +157.7% |
| 2019 | -3.71 billion | -170.5% |
| 2020 | -714.07 million | -80.7% |
| 2021 | 5.22 billion | -831.3% |
| 2022 | -196.74 million | -103.8% |
| 2023 | 3.06 billion | -1654.5% |
| 2024 | -3.25 billion | -206.3% |
Canada compared with similar countries
- Canada's -3.25 billion is below the median for high income countries, which is -38.17 million, 85.2× the median. (71 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions, Net (credits less debits), Adjusted using in Canada 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 | -23674.7% | -18.49 million | -4.40 billion |
| 2023 | +1654.5% | -196.74 million | 3.06 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -280.64 million | -4.23 billion | 2.59 billion | 5 |
| 2010s | 373.46 million | -4.40 billion | 5.26 billion | 10 |
| 2020s | 823.58 million | -3.25 billion | 5.22 billion | 5 |
Countries ranked near Canada
- 176 Venezuela -2.80 billion compare
- 177 Bangladesh -3.18 billion compare
- 178 Czechia -3.21 billion compare
- 180 Nigeria -3.59 billion compare
- 181 South Korea -4.14 billion compare
- 182 Netherlands -4.14 billion compare
More financial sector data for Canada
- Reserve position in the IMF, US dollar, annual growth rate 6.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.02 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.36 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.02 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Canada?
- Net errors and omissions, net (credits less debits), adjusted using in Canada was -3.25 billion in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Canada?
- The highest recorded value was 5.26 billion in 2018.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Canada?
- The lowest recorded value was -4.40 billion in 2011.
- How does Canada rank for net errors and omissions, net (credits less debits), adjusted using?
- Canada ranks 179th out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Canada?
- Over the last ten years it is down 89.4%. The long-run trend across the full record is volatile.
- Where does this Canada 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.