Grenada's net errors and omissions (current US$, BoP) was US$19 million in 2025, the latest year in the World Bank's World Development Indicators. That is up 10.11% from US$17.26 million in 2015 (0.97% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$19 million | 2025 |
| Five years earlier | US$14.6 million | 2020 |
| Ten years earlier | US$17.26 million | 2015 |
| Highest | US$31.36 million | 1995 |
| Lowest | −US$53.69 million | 2023 |
| Average since 2016 | US$4.95 million | 2016–2025 |
| First recorded | −US$4.02 million |
What the numbers say
In 2025, Grenada's net errors and omissions (current US$, BoP) fell US$2.2 million on 2024 (from US$21.2 million to US$19 million).
Across the 30 yearly changes before that (1995 to 2024), the average change was +US$98,596 and a typical year strayed about US$31.93 million from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$74.89 million in 2024 and the biggest yearly fall was US$79.68 million in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Grenada had the 58th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Grenada in the 2025 ranking
- North Macedonia — 54th of 136: US$55.51 million
- Azerbaijan — 55th of 136: US$52.51 million
- Dominica — 56th of 136: US$25.09 million
- Bermuda — 58th of 136: US$18.5 million
- Montenegro — 59th of 136: US$13.05 million
- Seychelles — 60th of 136: US$8.68 million
What this measures
Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 49 values
| Year | Net errors and omissions (current US$, BoP) |
|---|---|
| 2025 | 19,003,087 |
| 2024 | 21,198,622 |
| 2023 | -53,692,713 |
| 2022 | 25,988,701 |
| 2021 | -10,969,454 |
| 2020 | 14,595,566 |
| 2019 | -1,667,249 |
| 2018 | 14,845,031 |
| 2017 | 1,605,614 |
| 2016 | 18,605,996 |
| 2015 |
Net errors and omissions (current US$, BoP) in nearby economies
- Antigua and Barbuda — −US$19.23 million (2025)
- Argentina — −US$4.67 billion (2025)
- Aruba — −US$31.77 million (2023)
- Bahamas, The — US$147.9 million (2024)
- Barbados — −US$132.48 million (2017)
- Belize — −US$31.22 million (2025)
- Bolivia — US$140.32 million (2025)
- Brazil — US$2.66 billion (2025)
- Chile — −US$1.81 billion (2025)
- Colombia — US$2.13 billion (2025)
More economic policy & debt data for Grenada
- Total reserves, including gold (current US$) — US$408.15 million (2025)
- Total reserves, excluding gold (current US$) — US$408.15 million (2025)
- External debt stocks, total (DOD, current US$) — US$863.28 million (2024)
- External debt stocks, long-term (DOD, current US$) — US$786.99 million (2024)
- External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) — US$786.99 million (2024)
- Short-term debt (% of total external debt) — 1.82% (2024)
- Net financial flows, bilateral (NFL, current US$) — US$6.5 million (2024)
- IFC, private nonguaranteed (NFL, current US$) — US$0 (2024)
- PPG, official creditors (NFL, current US$)
Reading data like this
Questions people ask
- What is Grenada's net errors and omissions (current US$, BoP)?
- US$19 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is up 572.45% from −US$4.02 million in 1977. The highest value was US$31.36 million in 1995 and the lowest −US$53.69 million in 2023.
- How does Grenada rank?
- 58th highest of 136 economies with data for 2025.
- Is the latest change in net errors and omissions (current US$, BoP) unusual for Grenada?
- In 2025, Grenada's net errors and omissions (current US$, BoP) fell US$2.2 million on 2024 (from US$21.2 million to US$19 million). Across the 30 yearly changes before that (1995 to 2024), the average change was +US$98,596 and a typical year strayed about US$31.93 million from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BN.KAC.EOMS.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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