North Macedonia: Net errors and omissions (current US$, BoP)

Key figures

What the numbers say

In 2025, North Macedonia's net errors and omissions (current US$, BoP) fell US$37.86 million on 2024 (from US$93.37 million to US$55.51 million).

Across the 28 yearly changes before that (1997 to 2024), the average change was +US$2.66 million and a typical year strayed about US$55.78 million from that (the standard deviation). This year's change was 0.7 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$173.2 million in 1999 and the biggest yearly fall was US$94.09 million in 2000. 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 15% 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, North Macedonia had the 54th 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 North Macedonia in the 2025 ranking

• Estonia — 51st of 136: US$131.44 million
• Cyprus — 52nd of 136: US$89.73 million
• Georgia — 53rd of 136: US$78.81 million
• Azerbaijan — 55th of 136: US$52.51 million
• Dominica — 56th of 136: US$25.09 million
• Grenada — 57th of 136: US$19 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 30 values

Net errors and omissions (current US$, BoP) in nearby economies

• Albania — US$241.46 million (2025)
• Armenia — US$850.01 million (2025)
• Austria — US$5.79 billion (2025)
• Azerbaijan — US$52.51 million (2025)
• Belarus — US$443.33 million (2025)
• Belgium — −US$3.77 billion (2025)
• Bosnia and Herzegovina — −US$36.3 million (2025)
• Bulgaria — −US$4.02 billion (2025)
• Croatia — −US$1.37 billion (2025)
• Cyprus — US$89.73 million (2025)

More economic policy & debt data for North Macedonia

• Adjusted savings, education expenditure (% of GNI) — 3.27% (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• General government final consumption expenditure (current US$) — US$3.13 billion (2025)
• General government final consumption expenditure (current LCU) — 171.08 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$1.83 billion (2025)
• General government final consumption expenditure (constant LCU) — 69.05 billion (2025)
• General government final consumption expenditure (% of GDP) — 16.39% (2025)
• Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is North Macedonia's net errors and omissions (current US$, BoP)?

US$55.51 million in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1996?

It is up 194.94% from US$18.82 million in 1996 (3.8% a year on average, compounded). The highest value was US$157 million in 1999 and the lowest −US$51.84 million in 2007.

How does North Macedonia rank?

54th highest of 136 economies with data for 2025.

Is the latest change in net errors and omissions (current US$, BoP) unusual for North Macedonia?

In 2025, North Macedonia's net errors and omissions (current US$, BoP) fell US$37.86 million on 2024 (from US$93.37 million to US$55.51 million). Across the 28 yearly changes before that (1997 to 2024), the average change was +US$2.66 million and a typical year strayed about US$55.78 million from that (the standard deviation). This year's change was 0.7 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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