Net errors and omissions, Net (credits less debits), Adjusted using in Italy
Italy: Net errors and omissions, Net (credits less debits), Adjusted using was 30.84 billion in 2024. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Italy, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Italy stood at 30.84 billion.
The figure is up 129.2% on the previous year and down 13.7% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Italy peaked at 35.74 billion in 2014 and was at its lowest, -36.76 billion, in 2010.
Italy ranks 4th of 197 countries on this measure, in the top 10%.
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 Italy, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -24.14 billion | — |
| 2006 | -15.57 billion | -35.5% |
| 2007 | -1.89 billion | -87.9% |
| 2008 | 24.52 billion | -1397.3% |
| 2009 | -9.84 billion | -140.1% |
| 2010 | -36.76 billion | +273.7% |
| 2011 | -17.97 billion | -51.1% |
| 2012 | -2.99 billion | -83.4% |
| 2013 | 12.84 billion | -529.1% |
| 2014 | 35.74 billion | +178.4% |
| 2015 | 12.58 billion | -64.8% |
| 2016 | -5.04 billion | -140.0% |
| 2017 | 14.09 billion | -379.7% |
| 2018 | -13.86 billion | -198.4% |
| 2019 | -4.71 billion | -66.0% |
| 2020 | 8.14 billion | -272.7% |
| 2021 | 8.32 billion | +2.2% |
| 2022 | 17.74 billion | +113.3% |
| 2023 | 13.46 billion | -24.1% |
| 2024 | 30.84 billion | +129.2% |
Italy compared with similar countries
- Italy's 30.84 billion is above the median for high income countries, which is -38.17 million. (71 countries reporting)
- Italy's 30.84 billion is above the median for Europe & Central Asia, which is 92.86 million, 332.1× the median. (49 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions, Net (credits less debits), Adjusted using in Italy 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 |
|---|---|---|---|
| 2008 | +1397.3% | -1.89 billion | 24.52 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.38 billion | -24.14 billion | 24.52 billion | 5 |
| 2010s | -608.96 million | -36.76 billion | 35.74 billion | 10 |
| 2020s | 15.70 billion | 8.14 billion | 30.84 billion | 5 |
Countries ranked near Italy
- 1 United States 53.16 billion compare
- 2 Sweden 51.87 billion compare
- 3 Germany 38.26 billion compare
- 5 United Kingdom 22.68 billion compare
- 6 Spain 16.16 billion compare
- 7 New Zealand 12.16 billion compare
More financial sector data for Italy
- Reserve position in the IMF, US dollar, annual growth rate 13.19 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 91.77 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.79 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 67.01 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.19 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 91.77 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.79 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Italy?
- Net errors and omissions, net (credits less debits), adjusted using in Italy was 30.84 billion in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Italy?
- The highest recorded value was 35.74 billion in 2014.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Italy?
- The lowest recorded value was -36.76 billion in 2010.
- How does Italy rank for net errors and omissions, net (credits less debits), adjusted using?
- Italy ranks 4th out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Italy?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is volatile.
- Where does this Italy 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.