United Kingdom's net errors and omissions (current US$, BoP) was US$18.05 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 232.89% from −US$13.58 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$18.05 billion | 2025 |
| Five years earlier | −US$11.46 billion | 2020 |
| Ten years earlier | −US$13.58 billion | 2015 |
| Highest | US$26.1 billion | 2004 |
| Lowest | −US$29.4 billion | 2006 |
| Average since 2016 | −US$3.65 billion | 2016–2025 |
| First recorded | −US$155.52 million |
What the numbers say
In 2025, United Kingdom's net errors and omissions (current US$, BoP) rose US$26.27 billion on 2024 (from −US$8.22 billion to US$18.05 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was −US$508.25 million and a typical year strayed about US$20.05 billion from that (the standard deviation). This year's change was 1.3 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was US$52.1 billion in 2004 and the biggest yearly fall was US$31.04 billion in 2024. 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, United Kingdom had the 6th 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 United Kingdom in the 2025 ranking
- Switzerland — 3rd of 136: US$24.96 billion
- Norway — 4th of 136: US$21.54 billion
- Hong Kong SAR, China — 5th of 136: US$18.83 billion
- France — 7th of 136: US$15.68 billion
- Thailand — 8th of 136: US$12.93 billion
- Canada — 9th of 136: US$8.72 billion
What this measures
Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 56 values
| Year | Net errors and omissions (current US$, BoP) |
|---|---|
| 2025 | 18,049,003,080 |
| 2024 | -8,222,027,757 |
| 2023 | 22,814,422,617 |
| 2022 | -8,635,676,851 |
| 2021 | -19,575,622,797 |
| 2020 | -11,461,588,886 |
| 2019 | -20,512,093,913 |
| 2018 | -6,641,823,384 |
| 2017 | 4,689,145,901 |
| 2016 | -7,023,002,883 |
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$89.73 million (2025)
More economic policy & debt data for United Kingdom
- Total reserves, including gold (current US$) — US$214.36 billion (2025)
- Total reserves, excluding gold (current US$) — US$170.78 billion (2025)
- General government final consumption expenditure (current US$) — US$849.56 billion (2025)
- General government final consumption expenditure (current LCU) — 645.22 billion (2025)
- General government final consumption expenditure (% of GDP) — 21.23% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$2.42 trillion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 1.84 trillion (2025)
- Households and NPISHs final consumption expenditure (% of GDP)
Reading data like this
Questions people ask
- What is United Kingdom's net errors and omissions (current US$, BoP)?
- US$18.05 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 11,706% from −US$155.52 million in 1970. The highest value was US$26.1 billion in 2004 and the lowest −US$29.4 billion in 2006.
- How does United Kingdom rank?
- 6th highest of 136 economies with data for 2025.
- Is the latest change in net errors and omissions (current US$, BoP) unusual for United Kingdom?
- In 2025, United Kingdom's net errors and omissions (current US$, BoP) rose US$26.27 billion on 2024 (from −US$8.22 billion to US$18.05 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was −US$508.25 million and a typical year strayed about US$20.05 billion from that (the standard deviation). This year's change was 1.3 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
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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