In general, the chronic deficit on current accounts is counterbalanced by foreign aid, especially from France. By 2002, Comoros was in debt by $225 million.
The US Central Intelligence Agency (CIA) reports that in 2001 the purchasing power parity of Comoros's exports was $353 million while imports totaled $44.9 million resulting in a trade surplus of $308.1 million.
The International Monetary Fund (IMF) reports that in 1995 Comoros had exports of goods totaling $11 million and imports totaling $54 million. The services credit totaled $35 million and debit $50 million. The following table summarizes Comoros's balance of payments as reported by the IMF for 1995 in millions of US dollars.
Current Account | -19 |
Balance on goods | -42 |
Balance on services | -15 |
Balance on income | 1 |
Current transfers | 38 |
Capital Account | … |
Financial Account | 11 |
Direct investment abroad | … |
Direct investment in Comoros | 1 |
Portfolio investment assets | … |
Portfolio investment liabilities | … |
Other investment assets | -2 |
Other investment liabilities | 12 |
Net Errors and Omissions | -2 |
Reserves and Related Items | 10 |
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