Goods and Services: Debit for Comoros
COMBMGSBP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.42
Year-over-Year Change
14.58%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Goods and Services: Debit for Comoros' trend measures the value of imports of goods and services for the Comoros economy. It is a key economic indicator used to track trade balance and international economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the debit, or import, side of Comoros' balance of trade in goods and services. It quantifies the total value of all goods and services purchased from other countries by Comoros. This metric is crucial for assessing the Comoros' trade position and broader economic health.
Methodology
The data is collected through a combination of customs records, enterprise surveys, and other statistical sources by the Central Bank of Comoros.
Historical Context
Policymakers and economists analyze this trend to understand Comoros' trade dynamics and make informed decisions about fiscal, monetary, and commercial policies.
Key Facts
- Comoros' goods and services debit was 17.3% of GDP in 2020.
- Imports of goods and services account for a significant portion of Comoros' GDP.
- The debit trend has fluctuated between 15-20% of GDP over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Goods and Services: Debit for Comoros' trend measures the total value of all imports of goods and services by the Comoros economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing Comoros' trade position and broader economic health, as imports are a key component of the country's balance of payments.
Q: How is this data collected or calculated?
A: The data is collected through a combination of customs records, enterprise surveys, and other statistical sources by the Central Bank of Comoros.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to understand Comoros' trade dynamics and make informed decisions about fiscal, monetary, and commercial policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and potential revisions common to macroeconomic statistics.
Related Trends
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INCOMA475SCEN
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Comoros
COMFCSODCXDC
People 15 Years and Over with Account at a Formal Financial Institution for Comoros
DDAI05KMA156NWDB
Number of Bank Accounts for Comoros
DDAI01KMA642NWDB
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Comoros
COMFCAKNUM
Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Comoros
COMFCSODCGGDPPT
Citation
U.S. Federal Reserve, Goods and Services: Debit for Comoros (COMBMGSBP6GDPPT), retrieved from FRED.