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. 2014-04-21

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

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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 [+]
Imports 104676.00 2012-12-31 97935.00 104676.00 22241.00 114390.59 2013-12-31 KMF Million [+]
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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 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.
Comoros GDP per capita PPP at 1059.87 USD  
The Gross Domestic Product per capita in Comoros was last recorded at 1059.87 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Comoros, when adjusted by Purchasing Power Parity is equivalent to 5 percent of the worlds average. GDP per capita PPP in Comoros is reported by the World Bank.
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