Current account balance (BoP, current US$) in Comoros
Comoros: Current account balance (BoP, current US$) 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$, in 2008.
Comoros ranks 80th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$) in Comoros, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1980 | -8.91 million BoP, current US$ | — |
| 1981 | -8.16 million BoP, current US$ | -8.4% |
| 1982 | -10.96 million BoP, current US$ | +34.4% |
| 1983 | -11.05 million BoP, current US$ | +0.9% |
| 1984 | -32.72 million BoP, current US$ | +196.0% |
| 1985 | -14.26 million BoP, current US$ | -56.4% |
| 1986 | -15.69 million BoP, current US$ | +10.0% |
| 1987 | -21.37 million BoP, current US$ | +36.2% |
| 1988 | -6.52 million BoP, current US$ | -69.5% |
| 1989 | 5.41 million BoP, current US$ | -183.0% |
| 1990 | -10.48 million BoP, current US$ | -293.7% |
| 1991 | -10.25 million BoP, current US$ | -2.2% |
| 1992 | -14.19 million BoP, current US$ | +38.4% |
| 1993 | 9.57 million BoP, current US$ | -167.5% |
| 1994 | -7.22 million BoP, current US$ | -175.4% |
| 1995 | -18.96 million BoP, current US$ | +162.8% |
| 2003 | -18.44 million BoP, current US$ | -2.8% |
| 2004 | -20.74 million BoP, current US$ | +12.4% |
| 2005 | -26.85 million BoP, current US$ | +29.5% |
| 2006 | -22.54 million BoP, current US$ | -16.1% |
| 2007 | -31.62 million BoP, current US$ | +40.3% |
| 2008 | -68.99 million BoP, current US$ | +118.2% |
| 2009 | -39.39 million BoP, current US$ | -42.9% |
| 2010 | -39.34 million BoP, current US$ | -0.1% |
| 2011 | -55.50 million BoP, current US$ | +41.1% |
| 2012 | -41.14 million BoP, current US$ | -25.9% |
| 2014 | -43.46 million BoP, current US$ | +5.6% |
| 2015 | -2.48 million BoP, current US$ | -94.3% |
| 2016 | -44.04 million BoP, current US$ | +1677.7% |
| 2017 | -22.97 million BoP, current US$ | -47.8% |
| 2018 | -33.67 million BoP, current US$ | +46.6% |
| 2019 | -39.81 million BoP, current US$ | +18.2% |
| 2020 | -22.05 million BoP, current US$ | -44.6% |
| 2021 | -4.08 million BoP, current US$ | -81.5% |
| 2022 | -5.25 million BoP, current US$ | +28.8% |
| 2023 | -24.62 million BoP, current US$ | +369.2% |
Comoros compared with similar countries
- Comoros's -24.62 million BoP, current US$ is above the median for lower middle income countries, which is -203.16 million BoP, current US$, 12% of the median. (47 countries reporting)
- Comoros's -24.62 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -461.46 million BoP, current US$, 5% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$) 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 | -1677.7% | -2.48 million BoP, current US$ | -44.04 million BoP, current US$ |
| 2023 | -369.2% | -5.25 million BoP, current US$ | -24.62 million BoP, current US$ |
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
- 77 Nauru 9.73 million BoP, current US$ compare
- 78 Lesotho 1.41 million BoP, current US$ compare
- 79 Togo -20.74 million BoP, current US$ compare
- 81 Central African Republic -24.68 million BoP, current US$ compare
- 82 Tonga -29.95 million BoP, current US$ compare
- 83 Chad -37.74 million BoP, current US$ compare
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 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 80th out of 200 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.
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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.