Comoros recorded a Current Account surplus of 0.50 percent of the country's Gross Domestic Product in 2021. source: Banque Centrale des Comores

Current Account to GDP in Comoros averaged -6.62 percent of GDP from 1980 until 2021, reaching an all time high of 3.63 percent of GDP in 1993 and a record low of -30.44 percent of GDP in 1984. This page provides - Comoros Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Comoros Current Account to GDP - values, historical data and charts - was last updated on June of 2023.

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Comoros Current Account to GDP



Related Last Previous Unit Reference
Balance of Trade -122304.00 -111895.00 KMF Million Dec 2021
Current Account to GDP 0.50 -1.80 percent of GDP Dec 2021
Current Account 2556.00 -9497.00 KMF Million Dec 2021
Imports 136796.00 120819.00 KMF Million Dec 2021
Exports 14492.00 8924.00 KMF Million Dec 2021
Remittances 7322.00 7972.00 KMF Million Dec 2022
Tourist Arrivals 28800.00 6959.00 Dec 2021

Comoros Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
0.50 -1.80 3.63 -30.44 1980 - 2021 percent of GDP Yearly