Net errors and omissions, Net (credits less debits), Adjusted using in Cyprus
Cyprus: Net errors and omissions, Net (credits less debits), Adjusted using was 378.37 million in 2024. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Cyprus, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Cyprus stood at 378.37 million.
That represents a change of down 48.1% on the previous year and down 30.3% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Cyprus peaked at 872.57 million in 2020 and was at its lowest, -861.98 million, in 2011.
That places Cyprus 52nd out of 197 countries with data for 2024, putting it 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 Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 217.20 million | — |
| 2006 | 13.41 million | -93.8% |
| 2007 | -797.30 million | -6045.6% |
| 2008 | -389.89 million | -51.1% |
| 2009 | -661.84 million | +69.7% |
| 2010 | -370.65 million | -44.0% |
| 2011 | -861.98 million | +132.6% |
| 2012 | -580.19 million | -32.7% |
| 2013 | 730.16 million | -225.8% |
| 2014 | 543.24 million | -25.6% |
| 2015 | -71.66 million | -113.2% |
| 2016 | 371.58 million | -618.5% |
| 2017 | -828.67 million | -323.0% |
| 2018 | 454.04 million | -154.8% |
| 2019 | 216.90 million | -52.2% |
| 2020 | 872.57 million | +302.3% |
| 2021 | 385.82 million | -55.8% |
| 2022 | 679.04 million | +76.0% |
| 2023 | 729.45 million | +7.4% |
| 2024 | 378.37 million | -48.1% |
Cyprus compared with similar countries
- Cyprus's 378.37 million is above the median for high income countries, which is -38.17 million. (71 countries reporting)
- Cyprus's 378.37 million is above the median for Europe & Central Asia, which is 92.86 million, 4.1× the median. (49 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions, Net (credits less debits), Adjusted using in Cyprus 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 |
|---|---|---|---|
| 2007 | -6045.6% | 13.41 million | -797.30 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -323.68 million | -797.30 million | 217.20 million | 5 |
| 2010s | -39.72 million | -861.98 million | 730.16 million | 10 |
| 2020s | 609.05 million | 378.37 million | 872.57 million | 5 |
Countries ranked near Cyprus
More financial sector data for Cyprus
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 84.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 62.06 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 84.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Cyprus?
- Net errors and omissions, net (credits less debits), adjusted using in Cyprus was 378.37 million in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Cyprus?
- The highest recorded value was 872.57 million in 2020.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Cyprus?
- The lowest recorded value was -861.98 million in 2011.
- How does Cyprus rank for net errors and omissions, net (credits less debits), adjusted using?
- Cyprus ranks 52nd out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Cyprus?
- Over the last ten years it is down 30.3%. The long-run trend across the full record is volatile.
- Where does this Cyprus 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.