Japan is the top country by net errors and omissions in the world. As of 2016, net errors and omissions in Japan was 84,638 million US dollars that accounts for -47.86 % of the world's net errors and omissions. The top 5 countries (others are the United States of America, Italy, Norway, and Switzerland) account for -119.93 % of it. The world's total net errors and omissions was estimated at -176,829 million US dollars in 2016.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero.