Net errors and omissions, Net (credits less debits), Adjusted using in Korea
Korea: Net errors and omissions, Net (credits less debits), Adjusted using was -4.14 billion in 2024. β Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Korea, 2005β2024
Source: International Monetary Fund.
Analysis
The most recent figure for net errors and omissions, net (credits less debits), adjusted using in Korea is -4.14 billion, measured in 2024.
Compared with earlier readings it is down 425.9% on the previous year and down 218.6% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Korea peaked at 10.06 billion in 2006 and was at its lowest, -7.99 billion, in 2008.
Korea ranks 181st of 197 countries on this measure, 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 | 1.72 billion | -7.99 billion | 10.06 billion | 5 |
| 2010s | 1.19 billion | -6.37 billion | 9.31 billion | 10 |
| 2020s | -890.45 million | -6.63 billion | 5.87 billion | 5 |
Countries ranked near Korea
More financial sector data for Korea
- Domestic credit to private sector by banks 160.3% (2024)
- Total reserves in months of imports 6.46 (2025)
- Net domestic credit 5,011.74 trillion current LCU (2024)
- Net foreign assets 627.85 trillion current LCU (2024)
- Monetary Sector credit to private sector 160.3% (2024)
- Broad money 162.7% (2024)
- Claims on central government, etc. 3.4% (2024)
- Domestic credit to private sector 160.3% (2024)
- Official exchange rate 1,422 LCU per US$, period average (2025)
- Net migration 65,731 (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Korea?
- Net errors and omissions, net (credits less debits), adjusted using in Korea was -4.14 billion in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Korea?
- The highest recorded value was 10.06 billion in 2006.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Korea?
- The lowest recorded value was -7.99 billion in 2008.
- How does Korea rank for net errors and omissions, net (credits less debits), adjusted using?
- Korea ranks 181st out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Korea?
- Over the last ten years it is down 218.6%. The long-run trend across the full record is volatile.
- Where does this Korea 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.