Zimbabwe's net errors and omissions (current US$, BoP) was −US$548.25 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 344.02% from US$224.67 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$548.25 million | 2024 |
| Five years earlier | −US$1.04 billion | 2019 |
| Ten years earlier | US$224.67 million | 2014 |
| Highest | US$1.61 billion | 2011 |
| Lowest | −US$1.52 billion | 2023 |
| Average since 2015 | −US$695.09 million | 2015–2024 |
| First recorded | −US$20.51 million |
What the numbers say
In 2024, Zimbabwe's net errors and omissions (current US$, BoP) rose US$968.48 million on 2023 (from −US$1.52 billion to −US$548.25 million).
Across the 30 yearly changes before that (1979 to 2023), the average change was −US$12.34 million and a typical year strayed about US$601.72 million from that (the standard deviation). This year's change was 1.6 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$1.79 billion in 2010 and the biggest yearly fall was US$1.28 billion in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 25% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Zimbabwe had the 26th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Zimbabwe in the 2024 ranking
What this measures
Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 34 values
| Year | Net errors and omissions (current US$, BoP) |
|---|---|
| 2024 | -548,248,963 |
| 2023 | -1,516,729,734 |
| 2022 | -1,018,015,675 |
| 2021 | -915,396,587 |
| 2020 | -516,327,724 |
| 2019 | -1,040,715,654 |
| 2018 | 242,129,062 |
| 2017 | -1,098,432,206 |
| 2016 | -455,589,951 |
| 2015 | -83,608,182 |
Net errors and omissions (current US$, BoP) in nearby economies
- Angola — US$886.24 million (2025)
- Benin — US$3.83 million (2023)
- Botswana — −US$83.25 million (2025)
- Burkina Faso — −US$8.15 million (2024)
- Burundi — −US$80.21 million (2025)
- Cabo Verde — −US$49.76 million (2025)
- Cameroon — US$9.06 million (2024)
- Comoros — −US$2.34 million (2023)
- Congo, Dem. Rep. — US$778.4 million (2025)
- Congo, Rep. — −US$383.56 million (2021)
More economic policy & debt data for Zimbabwe
- Gross Value Added (GVA) at basic prices (current US$) — US$48.51 billion (2025)
- Gross Value Added (GVA) at basic prices (current LCU) — 1.54 trillion (2025)
- GDP (current US$) — US$51.22 billion (2025)
- GDP (current LCU) — 1.63 trillion (2025)
- GDP (constant 2015 US$) — US$25.48 billion (2025)
- GDP (constant LCU) — 74.26 billion (2025)
- GDP per capita (current US$) — US$3,021 (2025)
- GDP per capita (current LCU) — 96,071 (2025)
- GDP per capita (constant 2015 US$) — US$1,503 (2025)
- GDP per capita (constant LCU) — 4,381 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Zimbabwe's net errors and omissions (current US$, BoP)?
- −US$548.25 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is down 2,574% from −US$20.51 million in 1977. The highest value was US$1.61 billion in 2011 and the lowest −US$1.52 billion in 2023.
- How does Zimbabwe rank?
- 26th highest of 29 economies with data for 2024.
- Is the latest change in net errors and omissions (current US$, BoP) unusual for Zimbabwe?
- In 2024, Zimbabwe's net errors and omissions (current US$, BoP) rose US$968.48 million on 2023 (from −US$1.52 billion to −US$548.25 million). Across the 30 yearly changes before that (1979 to 2023), the average change was −US$12.34 million and a typical year strayed about US$601.72 million from that (the standard deviation). This year's change was 1.6 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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