Comoros Government Budget

Comoros recorded a Government Budget surplus equal to 3.10 percent of the countrys Gross Domestic Product in 2012. Government Budget in Comoros is reported by the Bank of Comoros. From 2003 until 2012, Comoros Government Budget averaged -1.6 Percent of GDP reaching an all time high of 3.1 Percent of GDP in December of 2012 and a record low of -3.8 Percent of GDP in December of 2003. 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. This page provides - Comoros Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.10 1.10 3.10 -3.80 4.80 | 2013/12 2003 - 2012 Percent of GDP Yearly

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Comoros Government Budget
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 51.40 2012-12-31 56.00 78.10 51.40 51.81 2013-12-31 Percent of GDP [+]
Government Budget 3.10 2012-12-31 1.10 3.10 -3.80 4.80 2013-12-31 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


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.
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