Volume of remittances (in United States dollars) as a proportion of in Comoros
Comoros: Volume of remittances (in United States dollars) as a proportion of was 23.0% in 2023. ▲ Rising
Latest (2023)
23.0%
Change on year
down 0.1%
World rank
12th
of 203 countries
All-time high
23.1%
in 2022
All-time low
5.9%
in 2003
Years of data
20
2003–2023
Volume of remittances (in United States dollars) as a proportion of in Comoros, 2003–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Comoros recorded 23.0% for volume of remittances (in united states dollars) as a proportion of in 2023.
The figure is down 0.1% on the previous year and up 112.3% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Comoros peaked at 23.1% in 2022 and was at its lowest, 5.9%, in 2003.
That places Comoros 12th out of 203 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Comoros, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 5.9% | — |
| 2004 | 7.8% | +33.5% |
| 2005 | 8.2% | +5.4% |
| 2006 | 9.2% | +11.3% |
| 2007 | 9.3% | +1.4% |
| 2008 | 11.1% | +18.9% |
| 2009 | 11.1% | +0.2% |
| 2010 | 9.6% | -13.4% |
| 2011 | 10.6% | +10.0% |
| 2012 | 10.8% | +2.6% |
| 2014 | 13.9% | +28.1% |
| 2015 | 13.7% | -1.8% |
| 2016 | 11.5% | -15.6% |
| 2017 | 12.2% | +6.0% |
| 2018 | 14.6% | +19.9% |
| 2019 | 14.2% | -3.1% |
| 2020 | 18.6% | +31.1% |
| 2021 | 22.6% | +21.7% |
| 2022 | 23.1% | +1.8% |
| 2023 | 23.0% | -0.1% |
Comoros compared with similar countries
- Comoros's 23.0% is above the median for lower middle income countries, which is 6.1%, 3.8× the median. (43 countries reporting)
- Comoros's 23.0% is above the median for Sub-Saharan Africa, which is 2.9%, 7.9× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.9% | 5.9% | 11.1% | 7 |
| 2010s | 12.4% | 9.6% | 14.6% | 9 |
| 2020s | 21.8% | 18.6% | 23.1% | 4 |
Countries ranked near Comoros
More economy & growth data for Comoros
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.10 million BoP, current US$ (1990)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0027 BoP, current US$ per US$ of GDP (1990)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.48 BoP, current US$ per person (1990)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.10 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 32.64 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0044 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8.19 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 26.28 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Comoros?
- Volume of remittances (in united states dollars) as a proportion of in Comoros was 23.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Comoros?
- The highest recorded value was 23.1% in 2022.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Comoros?
- The lowest recorded value was 5.9% in 2003.
- How does Comoros rank for volume of remittances (in united states dollars) as a proportion of?
- Comoros ranks 12th out of 203 countries with data for 2023.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Comoros?
- Over the last ten years it is up 112.3%. The long-run trend across the full record is rising.
- Where does this Comoros data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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