Comoros recorded a Government Budget deficit equal to 1.80 percent of the country's Gross Domestic Product in 2019. source: Banque Centrale des Comores

Government Budget in Comoros averaged -1.85 percent of GDP from 2003 until 2019, reaching an all time high of 3.10 percent of GDP in 2012 and a record low of -4.40 percent of GDP in 2016. This page provides - Comoros Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Comoros Government Budget - values, historical data and charts - was last updated on October of 2021.

Government Budget in Comoros is expected to reach -3.70 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Comoros Government Budget is projected to trend around -3.30 percent of GDP in 2022 and -3.00 percent of GDP in 2023, according to our econometric models.

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Comoros Government Budget

Comoros Last Unit Reference Previous Highest Lowest
Government Debt to GDP 26.80 percent of GDP Dec/20 25.90 78.10 16.60
Government Budget -4.20 percent of GDP Dec/20 -3.20 3.10 -4.40

Comoros Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.