Libya LY: BOP: Net Errors and Omissions

1977 - 2016 | Yearly | USD mn | World Bank

Libya LY: BOP: Net Errors and Omissions data was reported at -1.206 USD bn in 2016. This records a decrease from the previous number of 346.500 USD mn for 2015. Libya LY: BOP: Net Errors and Omissions data is updated yearly, averaging 44.756 USD mn from Dec 1977 to 2016, with 40 observations. The data reached an all-time high of 2.633 USD bn in 2011 and a record low of -2.535 USD bn in 2012. Libya LY: BOP: Net Errors and Omissions data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Libya – Table LY.World Bank: Balance of Payments: Capital and Financial Account. 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. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

View Libya's Libya LY: BOP: Net Errors and Omissions from 1977 to 2016 in the chart:

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Libya Libya LY: BOP: Net Errors and Omissions
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Libya Libya LY: BOP: Net Errors and Omissions

What was Libya's Libya LY: BOP: Net Errors and Omissions in 2016?

Last Previous Min Max Unit Frequency Range
-1,206.40 2016 346.50 2015 -2,534.80 2012 2,633.00 2011 USD mn yearly 1977 - 2016

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 29,874.070 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 7,095.950 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.588 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (LYD bn) 131.563 2028 yearly 1990 - 2028
Forecast: Government Net Debt (LYD bn) 140.430 2021 yearly 1990 - 2021
Forecast: Government Revenue (LYD bn) 137.273 2028 yearly 1990 - 2028
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 7.194 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.863 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) 7.305 2028 yearly 1980 - 2028

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