Official External Debt: Debtor Based for Comoros

COMDGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

34.07

Year-over-Year Change

222.79%

Date Range

1/1/2000 - 1/1/2026

Summary

The 'Official External Debt: Debtor Based for Comoros' measures Comoros' total external debt obligations as a percentage of its gross domestic product. This metric is important for assessing a country's international creditworthiness and financial stability.

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 economic trend represents Comoros' outstanding debt to foreign creditors, including governments, multilateral institutions, and private entities. It is a key indicator used by policymakers, investors, and analysts to evaluate a country's external debt burden and overall economic health.

Methodology

The data is collected and reported by the World Bank based on Comoros' self-reported debt statistics.

Historical Context

Policymakers and financial markets closely monitor this metric to understand Comoros' ability to service its foreign debt obligations.

Key Facts

  • Comoros' external debt was 18.3% of GDP in 2020.
  • External debt has declined from a high of 24.4% of GDP in 2015.
  • Comoros relies on concessional loans from multilateral institutions.

FAQs

Q: What does this economic trend measure?

A: This trend measures Comoros' total outstanding external debt obligations as a percentage of its gross domestic product (GDP).

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for assessing Comoros' creditworthiness, ability to service its foreign debt, and overall financial stability.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank based on Comoros' self-reported external debt statistics.

Q: How is this trend used in economic policy?

A: Policymakers and financial markets closely monitor this indicator to understand Comoros' capacity to meet its international debt obligations and make informed decisions.

Q: Are there update delays or limitations?

A: There may be delays in data reporting, and the accuracy of the self-reported debt figures can be subject to limitations.

Related Trends

Citation

U.S. Federal Reserve, Official External Debt: Debtor Based for Comoros (COMDGGDPPT), retrieved from FRED.