Comoros Current Account to GDP

Comoros recorded a Current Account deficit of 7.20 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Comoros is reported by the Banque Centrale des Comores. Current Account to GDP in Comoros averaged -7.74 Percent from 1980 until 2012, reaching an all time high of 3.63 Percent in 1993 and a record low of -30.44 Percent in 1984. 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. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-7.20 -9.50 3.63 -30.44 -7.20 | 2013/12 1980 - 2012 Percent Yearly

TO

Comoros Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -96861.00 2012-12-31 -89031.00 -16776.00 -96861.00 -105849.81 2013-12-31 KMF Million [+]
Current Account -14043.00 2012-12-31 -20064.00 -7536.00 -23078.00 -15840.52 2013-12-31 KMF Million [+]
Current Account to GDP -7.20 2012-12-31 -9.50 3.63 -30.44 -7.20 2013-12-31 Percent [+]
Exports 7215.00 2012-12-31 8904.00 11695.00 2190.00 6485.85 2013-12-31 KMF Million [+]
Gold Reserves 0.02 2013-12-31 0.02 0.02 0.02 Tonnes [+]
Imports 104676.00 2012-12-31 97935.00 104676.00 22241.00 114390.59 2013-12-31 KMF Million [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness 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.


RELATED NEWS

Comoros Gold Reserves at 0.02 Tonnes  
Gold Reserves in Comoros remained unchanged at 0.02 Tonnes in the fourth quarter of 2013 from 0.02 Tonnes in the third quarter of 2013. Gold Reserves in Comoros is reported by the World Gold Council.
Comoros Government Debt To GDP at 51.40 Percent of GDP  
Comoros recorded a Government Debt to GDP of 51.40 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Comoros is reported by the Banque Centrale des Comores.
Comoros Current Account to GDP at -7.20 Percent  
Comoros recorded a Current Account deficit of 7.20 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Comoros is reported by the Banque Centrale des Comores.
Comoros Interest Rate at 1.71 Percent  
The benchmark interest rate in Comoros was last recorded at 1.71 percent. Interest Rate in Comoros is reported by the Banque Centrale des Comores.
Comoros Sales Tax Rate at 10.00 Percent  
The Sales Tax Rate in Comoros stands at 10 percent. Sales Tax Rate in Comoros is reported by the Ministry of Finance, Budget, Economy, Commerce, and Investments.
Comoros Population at 0.67 Million  
The total population in Comoros was last recorded at 0.7 million people in 2013 from 0.2 million in 1960, changing 253 percent during the last 50 years. Population in Comoros is reported by the World Bank.
Comoros Balance of Trade at -96861.00 KMF Million  
Comoros recorded a trade deficit of 96861 KMF Million in 2012. Balance of Trade in Comoros is reported by the Banque Centrale des Comores.
Comoros Current Account at -14043.00 KMF Million  
Comoros recorded a Current Account deficit of 14043 KMF Million in 2012. Current Account in Comoros is reported by the Banque Centrale des Comores.
Comoros Inflation Rate at 4.20 Percent  
The inflation rate in Comoros was recorded at 4.20 percent in November of 2013. Inflation Rate in Comoros is reported by the Banque Centrale des Comores.
Comoros GDP per capita at 606.01 USD  
The Gross Domestic Product per capita in Comoros was last recorded at 606.01 US dollars in 2012. The GDP per Capita in Comoros is equivalent to 5 percent of the worlds average. GDP per capita in Comoros is reported by the World Bank.
MORE RELATED NEWS

LATEST NEWS

Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News