Current account balance in Comoros
Comoros: Current account balance was -24.62 million BoP, current US$ in 2023. ◆ Volatile
Current account balance in Comoros, 1980–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, current account balance in Comoros stood at -24.62 million BoP, current US$.
The figure is down 369.2% on the previous year and up 40.2% over ten years.
Over the whole period, current account balance in Comoros peaked at 9.57 million BoP, current US$ in 1993 and was at its lowest, -68.99 million BoP, current US$, in 2008.
Comoros ranks 79th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -12.42 million BoP, current US$ | -32.72 million BoP, current US$ | 5.41 million BoP, current US$ | 10 |
| 1990s | -8.59 million BoP, current US$ | -18.96 million BoP, current US$ | 9.57 million BoP, current US$ | 6 |
| 2000s | -32.65 million BoP, current US$ | -68.99 million BoP, current US$ | -18.44 million BoP, current US$ | 7 |
| 2010s | -35.82 million BoP, current US$ | -55.50 million BoP, current US$ | -2.48 million BoP, current US$ | 9 |
| 2020s | -14.00 million BoP, current US$ | -24.62 million BoP, current US$ | -4.08 million BoP, current US$ | 4 |
Countries ranked near Comoros
- 76 Nauru 9.73 million BoP, current US$ compare
- 77 Lesotho -3.94 million BoP, current US$ compare
- 78 Togo -20.74 million BoP, current US$ compare
- 80 Central African Republic -24.68 million BoP, current US$ compare
- 81 Chad -37.74 million BoP, current US$ compare
- 82 Tonga -43.52 million BoP, current US$ compare
More economy & growth data for Comoros
- Gross national expenditure 1.56 billion constant 2015 US$ (2025)
- Final consumption expenditure 1.40 billion constant 2015 US$ (2025)
- Final consumption expenditure 3.6% (2025)
- Industry (including construction), value added 123.54 million constant 2015 US$ (2025)
- Final consumption expenditure 110.4% (2025)
- Industry (including construction), value added 78.13 billion current LCU (2025)
- Gross national expenditure 2.22 billion current US$ (2025)
- Gross national expenditure 968.51 billion current LCU (2025)
- Exports of goods and services 6.3% (2025)
- Exports of goods and services 123.53 million constant 2015 US$ (2025)
Frequently asked questions
- What is current account balance in Comoros?
- Current account balance in Comoros was -24.62 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Comoros?
- The highest recorded value was 9.57 million BoP, current US$ in 1993.
- What is the lowest current account balance recorded in Comoros?
- The lowest recorded value was -68.99 million BoP, current US$ in 2008.
- How does Comoros rank for current account balance?
- Comoros ranks 79th out of 199 countries with data for 2023.
- Is current account balance rising or falling in Comoros?
- Over the last ten years it is up 40.2%. The long-run trend across the full record is volatile.
- Where does this Comoros data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.