Comoros: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 104.22 billion Comoro Franc as of December 2022, an increase compared to the previous value of 98.88 billion Comoro Franc. Historically, the average for the Comoros from December 2001 to December 2022 is 55.65 billion Comoro Franc. The minimum of 32.76 billion Comoro Franc was recorded in February 2006, while the maximum of 120.84 billion Comoro Franc was reached in August 2021.
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* indicates monthly or quarterly data series
- Measure: billion Comoro Franc
- Source: Central Bank of the Comoros
| Recent values | Comoros: Foreign exchange reserves, billion currency units |
|---|---|
| 2022 Dec | 104.22 |
| 2022 Nov | 98.88 |
| 2022 Oct | 101.57 |
| 2022 Sep | 103.3 |
| 2022 Aug | 105.33 |
| 2022 Jul | 99.73 |
| 2022 Jun | 96.4 |
| 2022 May | 98.35 |
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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 59.80 | 2021 | percent |
| Trade openness | 47.94 | 2023 | percent |
| Financial openness | -1.242 | 2021 | index points |
| Exports, percent of GDP | 12.96 | 2023 | percent |
| Exports, billion dollars | 0.18 | 2023 | billion U.S. dollars |
| Growth of exports | 4.96 | 2023 | percent |
| Imports, percent of GDP | 34.99 | 2023 | percent |
| Imports, billion dollars | 0.47 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.31 | 2022 | percent |
| Foreign Direct Investment, billion dollars | 0.00 | 2022 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 2012 | million dollars (current) |
| Current account, percent of GDP | -6.10 | 2023 | percent |
| Current account, in dollars | -0.01 | 2022 | billion U.S. dollars |
| Trade balance, percent of GDP | -22.35 | 2022 | percent |
| Trade balance, in dollars | -0.31 | 2022 | billion U.S. dollars |
| Reserves | 0.32 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 20.77 | 2023 | percent |
| Remittances | 280.92 | 2023 | million U.S. dollars |
| Net errors and omissions | 0.39 | 2022 | million USD |
| External debt | 29.53 | 2022 | percent |
| Short-term external debt | 0.42 | 2022 | percent |
| Short-term debt to reserves | 0.55 | 2022 | percent |
| Foreign exchange reserves | 104.22 | 12/2022 | billion |