Services balance (credit less debit), Net (credits less debits) (US) in Comoros
Comoros: Services balance (credit less debit), Net (credits less debits) (US) was -88.98 million in 2023. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Comoros, 2005–2023
Source: International Monetary Fund.
Analysis
Comoros recorded -88.98 million for services balance (credit less debit), net (credits less debits) in 2023.
Compared with earlier readings it is up 9.1% on the previous year and down 163.4% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Comoros peaked at 4.63 million in 2014 and was at its lowest, -97.84 million, in 2022.
Comoros ranks 107th of 197 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.
Services balance (credit less debit), Net (credits less debits) (US) in Comoros, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -3.10 million | — |
| 2006 | -8.12 million | +161.6% |
| 2007 | -8.49 million | +4.6% |
| 2008 | -15.19 million | +78.9% |
| 2009 | -25.31 million | +66.7% |
| 2010 | -29.16 million | +15.2% |
| 2011 | -33.70 million | +15.6% |
| 2012 | -33.77 million | +0.2% |
| 2014 | 4.63 million | -113.7% |
| 2015 | -1.94 million | -141.9% |
| 2016 | -6.52 million | +236.3% |
| 2017 | -5.91 million | -9.4% |
| 2018 | -2.63 million | -55.6% |
| 2019 | -11.26 million | +328.9% |
| 2020 | -57.52 million | +410.8% |
| 2021 | -69.61 million | +21.0% |
| 2022 | -97.84 million | +40.6% |
| 2023 | -88.98 million | -9.1% |
Comoros compared with similar countries
- Comoros's -88.98 million is above the median for lower middle income countries, which is -329.10 million, 27% of the median. (46 countries reporting)
- Comoros's -88.98 million is above the median for Sub-Saharan Africa, which is -399.59 million, 22% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -12.04 million | -25.31 million | -3.10 million | 5 |
| 2010s | -13.36 million | -33.77 million | 4.63 million | 9 |
| 2020s | -78.49 million | -97.84 million | -57.52 million | 4 |
Countries ranked near Comoros
- 104 Sudan -38.94 million compare
- 105 Marshall Islands -63.70 million compare
- 106 Tonga -67.46 million compare
- 108 Kiribati -101.20 million compare
- 109 Kyrgyzstan -108.52 million compare
- 110 Solomon Islands -115.78 million compare
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 services balance (credit less debit), net (credits less debits) in Comoros?
- Services balance (credit less debit), net (credits less debits) in Comoros was -88.98 million in 2023, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Comoros?
- The highest recorded value was 4.63 million in 2014.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Comoros?
- The lowest recorded value was -97.84 million in 2022.
- How does Comoros rank for services balance (credit less debit), net (credits less debits)?
- Comoros ranks 107th out of 197 countries with data for 2023.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Comoros?
- Over the last ten years it is down 163.4%. 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 Services 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.