Net errors and omissions, Net (credits less debits), Adjusted using in Western Hemisphere
Western Hemisphere: Net errors and omissions, Net (credits less debits), Adjusted using was -21.17 billion in 2024. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Western Hemisphere, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Western Hemisphere stood at -21.17 billion.
The figure is down 62.2% on the previous year and down 55.4% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Western Hemisphere peaked at 6.18 billion in 2008 and was at its lowest, -25.85 billion, in 2010.
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 Western Hemisphere, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.47 billion | — |
| 2006 | -3.71 billion | -353.2% |
| 2007 | -2.24 billion | -39.5% |
| 2008 | 6.18 billion | -375.2% |
| 2009 | -4.32 billion | -169.9% |
| 2010 | -25.85 billion | +498.9% |
| 2011 | -21.28 billion | -17.7% |
| 2012 | -15.15 billion | -28.8% |
| 2013 | -20.37 billion | +34.5% |
| 2014 | -13.62 billion | -33.2% |
| 2015 | -17.62 billion | +29.4% |
| 2016 | -7.17 billion | -59.3% |
| 2017 | -16.08 billion | +124.1% |
| 2018 | -22.64 billion | +40.9% |
| 2019 | -16.78 billion | -25.9% |
| 2020 | -8.20 billion | -51.1% |
| 2021 | -13.23 billion | +61.4% |
| 2022 | -15.62 billion | +18.1% |
| 2023 | -13.05 billion | -16.5% |
| 2024 | -21.17 billion | +62.2% |
Biggest year-on-year movements
Years where Net errors and omissions, Net (credits less debits), Adjusted using in Western Hemisphere 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 |
|---|---|---|---|
| 2010 | -498.9% | -4.32 billion | -25.85 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -525.71 million | -4.32 billion | 6.18 billion | 5 |
| 2010s | -17.66 billion | -25.85 billion | -7.17 billion | 10 |
| 2020s | -14.25 billion | -21.17 billion | -8.20 billion | 5 |
Countries ranked near Western Hemisphere
More financial sector data for Western Hemisphere
- Reserve tranche position, SDR, annual growth rate 5.45 % change on previous year (2025)
- Reserve tranche position, US dollar, annual growth rate 10.74 % change on previous year (2025)
- Reserve position in the IMF, US dollar, annual growth rate 10.74 % change on previous year (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.45 % change on previous year (2025)
- Use of IMF Credit and Loans, US dollar, annual growth rate 26.39 % change on previous year (2025)
- Use of IMF Credit and Loans, SDR, annual growth rate 20.35 % change on previous year (2025)
- Use of IMF Credit and Loans, SDR 53.26 billion (2025)
- Reserve position in the IMF, SDR 7.63 billion (2025)
- Reserve position in the IMF, US dollar 10.45 billion (2025)
- Use of IMF Credit and Loans, Percent of quota per annum 141.16 (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Western Hemisphere?
- Net errors and omissions, net (credits less debits), adjusted using in Western Hemisphere was -21.17 billion in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Western Hemisphere?
- The highest recorded value was 6.18 billion in 2008.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Western Hemisphere?
- The lowest recorded value was -25.85 billion in 2010.
- How does Western Hemisphere rank for net errors and omissions, net (credits less debits), adjusted using?
- Western Hemisphere ranks 7th out of 9 groups with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Western Hemisphere?
- Over the last ten years it is down 55.4%. The long-run trend across the full record is volatile.
- Where does this Western Hemisphere 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.