Comoros recorded a Current Account deficit of 7.80 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Comoros averaged -7.52 percent from 1980 until 2016, reaching an all time high of 3.63 percent in 1993 and a record low of -30.44 percent in 1984.

Comoros Current Account to GDP
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Comoros Trade Last Previous Highest Lowest Unit
Balance of Trade -92569.00 -83864.00 -16776.00 -92569.00 KMF Million [+]
Exports 17267.00 13682.00 17267.00 2190.00 KMF Million [+]
Imports 109836.00 97546.00 109836.00 22241.00 KMF Million [+]
Current Account -11731.00 -20919.00 -1099.00 -25222.00 KMF Million [+]
Current Account to GDP -7.80 -0.40 3.63 -30.44 percent [+]
Tourist Arrivals 27000.00 26000.00 29400.00 11396.00 Person [+]
Remittances 2746.00 3339.00 3563.00 20.00 KMF Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Comoros Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Comoros Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Comoros Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-7.80 -0.40 3.63 -30.44 1980 - 2016 percent Yearly

Country Last
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17