Comoros - Balance of payments



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.

Comoros

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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