Current Account Balance: Comoros

Analysis# Comoros Current Account Balance Comoros's current account balance stands at -3.2% of GDP in 2026, indicating a persistent deficit in its external transactions. This figure sits well above the all-time low of -28.7% recorded in 1984, yet remains substantially below the peak surplus of 1.8% in 2001. Since 1980, the country has experienced a net improvement of 13.5 percentage points, reflecting a general stabilization of its external position despite ongoing challenges. Recent years reveal notable volatility in Comoros's current account. The deficit narrowed dramatically from -3.5% in 2019 to just -0.3% in 2021, suggesting temporary relief from external pressures. However, the trajectory reversed beginning in 2022, with deficits widening back to -3.2% by 2026. This deterioration signals renewed pressure on Comoros's balance of payments, likely driven by import growth outpacing export capacity.