Insurance and financial services (% of commercial service exports) in Comoros
Comoros: Insurance and financial services (% of commercial service exports) was 1.4% in 2023. ◆ Volatile
Insurance and financial services in Comoros, 1980–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
In 2023, insurance and financial services in Comoros stood at 1.4%.
The figure is down 6.4% on the previous year and up 633.5% over ten years.
Over the whole period, insurance and financial services in Comoros peaked at 4.2% in 1980 and was at its lowest, 0.1%, in 2005.
That places Comoros 129th out of 190 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services (% of commercial service exports) in Comoros, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1980 | 4.2% | — |
| 2005 | 0.1% | -98.0% |
| 2006 | 0.5% | +529.7% |
| 2007 | 0.5% | -9.3% |
| 2008 | 0.3% | -41.1% |
| 2009 | 0.3% | +9.5% |
| 2010 | 0.2% | -40.2% |
| 2011 | 0.2% | -1.1% |
| 2012 | 0.2% | +6.0% |
| 2014 | 0.2% | -23.0% |
| 2015 | 0.1% | -1.8% |
| 2016 | 1.6% | +1005.1% |
| 2017 | 1.5% | -9.2% |
| 2018 | 1.4% | -8.4% |
| 2019 | 1.4% | +4.6% |
| 2020 | 3.3% | +130.5% |
| 2021 | 1.7% | -49.5% |
| 2022 | 1.5% | -7.3% |
| 2023 | 1.4% | -6.4% |
Comoros compared with similar countries
- Comoros's 1.4% is below the median for lower middle income countries, which is 2.4%, 59% of the median. (46 countries reporting)
- Comoros's 1.4% is below the median for Sub-Saharan Africa, which is 3.9%, 36% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service exports) in Comoros changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +1005.1% | 0.1% | 1.6% |
| 2006 | +529.7% | 0.1% | 0.5% |
| 2020 | +130.5% | 1.4% | 3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.2% | 4.2% | 4.2% | 1 |
| 2000s | 0.3% | 0.1% | 0.5% | 5 |
| 2010s | 0.8% | 0.1% | 1.6% | 9 |
| 2020s | 2.0% | 1.4% | 3.3% | 4 |
Countries ranked near Comoros
More private sector data for Comoros
- Merchandise trade 23.1% (2025)
- Food imports 42.1% (2023)
- Manufactures imports 46.5% (2023)
- Merchandise imports 371.00 million current US$ (2025)
- Commercial service imports 203.75 million current US$ (2023)
- Food exports 88.5% (2023)
- Manufactures exports 10.2% (2023)
- Merchandise exports 48.00 million current US$ (2025)
- Commercial service exports 110.18 million current US$ (2023)
- Merchandise exports (current US$), per capita 54.37 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Comoros?
- Insurance and financial services in Comoros was 1.4% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Comoros?
- The highest recorded value was 4.2% in 1980.
- What is the lowest insurance and financial services recorded in Comoros?
- The lowest recorded value was 0.1% in 2005.
- How does Comoros rank for insurance and financial services?
- Comoros ranks 129th out of 190 countries with data for 2023.
- Is insurance and financial services rising or falling in Comoros?
- Over the last ten years it is up 633.5%. The long-run trend across the full record is volatile.
- Where does this Comoros data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.