Current account balance (credit less debit), Net (credits less) in Comoros
Comoros: Current account balance (credit less debit), Net (credits less) was -24.62 million in 2023. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Comoros, 2005–2023
Source: International Monetary Fund.
Analysis
Comoros recorded -24.62 million for current account balance (credit less debit), net (credits less debits) in 2023.
That represents a change of down 369.2% on the previous year and up 40.2% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Comoros peaked at -2.48 million in 2015 and was at its lowest, -68.99 million, in 2008.
Comoros ranks 88th of 198 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 (credit less debit), Net (credits less) in Comoros, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -26.85 million | — |
| 2006 | -22.54 million | -16.1% |
| 2007 | -31.62 million | +40.3% |
| 2008 | -68.99 million | +118.2% |
| 2009 | -39.39 million | -42.9% |
| 2010 | -39.34 million | -0.1% |
| 2011 | -55.50 million | +41.1% |
| 2012 | -41.14 million | -25.9% |
| 2014 | -43.46 million | +5.6% |
| 2015 | -2.48 million | -94.3% |
| 2016 | -44.04 million | +1677.7% |
| 2017 | -22.97 million | -47.8% |
| 2018 | -33.67 million | +46.6% |
| 2019 | -39.81 million | +18.2% |
| 2020 | -22.05 million | -44.6% |
| 2021 | -4.08 million | -81.5% |
| 2022 | -5.25 million | +28.8% |
| 2023 | -24.62 million | +369.2% |
Comoros compared with similar countries
- Comoros's -24.62 million is above the median for lower middle income countries, which is -96.83 million, 25% of the median. (46 countries reporting)
- Comoros's -24.62 million is above the median for Sub-Saharan Africa, which is -606.36 million, 4% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) 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 | -44.04 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -37.88 million | -68.99 million | -22.54 million | 5 |
| 2010s | -35.82 million | -55.50 million | -2.48 million | 9 |
| 2020s | -14.00 million | -24.62 million | -4.08 million | 4 |
Countries ranked near Comoros
More financial sector data for Comoros
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.91 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.59 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.91 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Comoros?
- Current account balance (credit less debit), net (credits less debits) in Comoros was -24.62 million in 2023, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Comoros?
- The highest recorded value was -2.48 million in 2015.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Comoros?
- The lowest recorded value was -68.99 million in 2008.
- How does Comoros rank for current account balance (credit less debit), net (credits less debits)?
- Comoros ranks 88th out of 198 countries with data for 2023.
- Is current account balance (credit less debit), net (credits less debits) 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 International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.