Net errors and omissions, Net (credits less debits), Adjusted using in Spain
Spain: Net errors and omissions, Net (credits less debits), Adjusted using was 16.16 billion in 2024. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Spain, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Spain stood at 16.16 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 525.1% on the previous year and up 468.3% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Spain peaked at 16.16 billion in 2024 and was at its lowest, -12.42 billion, in 2009.
That places Spain 6th out of 197 countries with data for 2024, putting it 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 Spain, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.57 billion | — |
| 2006 | 4.67 billion | +81.9% |
| 2007 | -6.43 billion | -237.7% |
| 2008 | -1.91 billion | -70.3% |
| 2009 | -12.42 billion | +548.8% |
| 2010 | 3.30 billion | -126.6% |
| 2011 | -5.26 billion | -259.6% |
| 2012 | 2.09 billion | -139.8% |
| 2013 | 5.45 billion | +160.3% |
| 2014 | -4.39 billion | -180.5% |
| 2015 | 812.90 million | -118.5% |
| 2016 | -4.49 billion | -652.4% |
| 2017 | 513.46 million | -111.4% |
| 2018 | 2.84 billion | +453.5% |
| 2019 | -4.44 billion | -256.2% |
| 2020 | -4.21 billion | -5.2% |
| 2021 | 6.78 billion | -261.1% |
| 2022 | 675.45 million | -90.0% |
| 2023 | -3.80 billion | -662.7% |
| 2024 | 16.16 billion | -525.1% |
Spain compared with similar countries
- Spain's 16.16 billion is above the median for high income countries, which is -38.17 million. (71 countries reporting)
- Spain's 16.16 billion is above the median for Europe & Central Asia, which is 92.86 million, 174.0× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.70 billion | -12.42 billion | 4.67 billion | 5 |
| 2010s | -357.27 million | -5.26 billion | 5.45 billion | 10 |
| 2020s | 3.12 billion | -4.21 billion | 16.16 billion | 5 |
Countries ranked near Spain
More financial sector data for Spain
- Reserve position in the IMF, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 69.18 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.11 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 50.52 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 69.18 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.11 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Spain?
- Net errors and omissions, net (credits less debits), adjusted using in Spain was 16.16 billion in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Spain?
- The highest recorded value was 16.16 billion in 2024.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Spain?
- The lowest recorded value was -12.42 billion in 2009.
- How does Spain rank for net errors and omissions, net (credits less debits), adjusted using?
- Spain ranks 6th out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Spain?
- Over the last ten years it is up 468.3%. The long-run trend across the full record is volatile.
- Where does this Spain 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.