Current account balance as a proportion of GDP (%) in Comoros
Comoros: Current account balance as a proportion of GDP (%) was -1.9% in 2023. ◆ Volatile
Current account balance as a proportion of GDP in Comoros, 2003–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, current account balance as a proportion of gdp in Comoros stood at -1.9%.
Compared with earlier readings it is down 332.3% on the previous year and up 54.2% over ten years.
Over the whole period, current account balance as a proportion of gdp in Comoros peaked at -0.3% in 2015 and was at its lowest, -7.5%, in 2008.
Comoros ranks 117th of 205 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.
Current account balance as a proportion of GDP (%) in Comoros, year by year
| Year | % | Change |
|---|---|---|
| 2003 | -3.4% | — |
| 2004 | -3.3% | -1.2% |
| 2005 | -4.1% | +23.0% |
| 2006 | -3.3% | -20.1% |
| 2007 | -4.0% | +21.4% |
| 2008 | -7.5% | +89.6% |
| 2009 | -4.4% | -42.3% |
| 2010 | -4.3% | -0.4% |
| 2011 | -5.4% | +25.2% |
| 2012 | -4.0% | -25.3% |
| 2014 | -3.8% | -6.7% |
| 2015 | -0.3% | -93.2% |
| 2016 | -4.3% | +1595.6% |
| 2017 | -2.1% | -51.0% |
| 2018 | -2.9% | +34.0% |
| 2019 | -3.4% | +17.3% |
| 2020 | -1.8% | -46.0% |
| 2021 | -0.3% | -82.3% |
| 2022 | -0.4% | +34.0% |
| 2023 | -1.9% | +332.3% |
Comoros compared with similar countries
- Comoros's -1.9% is below the median for lower middle income countries, which is -0.8%, 2.3× the median. (43 countries reporting)
- Comoros's -1.9% is above the median for Sub-Saharan Africa, which is -4.1%, 45% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Comoros changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -1595.6% | -0.3% | -4.3% |
| 2023 | -332.3% | -0.4% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.3% | -7.5% | -3.3% | 7 |
| 2010s | -3.4% | -5.4% | -0.3% | 9 |
| 2020s | -1.1% | -1.9% | -0.3% | 4 |
Countries ranked near Comoros
More economy & growth data for Comoros
- Real gdp growth, annual growth rate 11.49 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.81 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 17.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0186 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 38.28 units per person (2025)
- SDRs holdings, SDR, annual growth rate 11.95 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0136 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 27.95 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -4.65 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Comoros?
- Current account balance as a proportion of gdp in Comoros was -1.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Comoros?
- The highest recorded value was -0.3% in 2015.
- What is the lowest current account balance as a proportion of gdp recorded in Comoros?
- The lowest recorded value was -7.5% in 2008.
- How does Comoros rank for current account balance as a proportion of gdp?
- Comoros ranks 117th out of 205 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Comoros?
- Over the last ten years it is up 54.2%. The long-run trend across the full record is volatile.
- Where does this Comoros data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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