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Comoros


Comoros Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Comoros; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bankCentral Bank of Comoros
International ReservesUS$ 146.076 million (Source: World Bank; Data updated: November 2010)
Gross Domestic Product - GDPUS$ 555 million (2009 estimate)
GDP (Purchasing Power Parity)830 million of International dollars (2009 estimate)
Real GDP growth
20002001200220032004200520062007
1.4%3.3%4.2%2.5%-0.2%4.2%1.2%0.5%
2008200920102011*
1%1.8%2.1%2.5%

*Estimate

GDP per capita - current pricesUS$ 817 (2003 estimate)
GDP per capita - PPP$1,220 International Dollars (2003 estimate)
GDP (PPP) - share of world total
19801990200020102015**
0%0%0%0%0%

**Forecast

GDP - composition by sector
  • agriculture: 41.8% 
  • industry: 8.6% 
  • services: 49.6% (2010 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)N/A

(Data released on November 2010)

Inflation
2008200920102011*
4.8%(2008)4.8%2.7%3.9%

*Estimate

Unemployment rate
2008200920102011*
N/AN/AN/A(2009)N/A

*Estimate

Household saving ratesN/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)
20072008200920102011*
61.6%59.4%55.5%51.9%47.9%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2007200820092010*2011**
-2%-2.5%0.8%4.9%-1.8%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares
200720082009
N/AN/AN/A
Largest companies in ComorosN/A
DATA ON TRADE AND COMPETITIVENESS
Current account balanceUS$ -0.1 billion (2009 estimate)(After 2008)
Current account balance by percentage of GDP-12.1% of GDP (2009 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

13.1% (2009)

(Data released on December 2010)

Shares in world total merchandising export0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exportsN/A
Export commoditiesvanilla, ylang-ylang (perfume essence), cloves, copra
Total importsUS$143 million f.o.b. (2006)
Import commoditiesrice and other foodstuffs, consumer goods, petroleum products, cement, transport equipment
Exports - major partnersTurkey 38%, France 27.5%, Singapore 9.2%, Saudi Arabia 4.1% (2007)
Imports - major partnersFrance 18.2%, UAE 10.8%, South Africa 8.5%, Pakistan 7.2%, Kenya 5.7%, China 5.4%, India 5% (2007)
FDI inflows
200820092010
US$8 millionUS$9 million(2009)US$9 million(2009)
FDI outflows
200820092010
N/AN/AN/A
Value of cross-border M&A, by country of purchaser
2008200920102011
N/AN/A(2009)N/A(2009)N/A
Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 159 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 168 out of 183 countries(2009)

Registering property: 99 out of 183 countries

Paying Taxes: 96 out of 183 countries

Getting credit: 168 out of 183 countries

Protecting investors: 132 out of 183 countries

Trading across border: 135 out of 183 countries

Enforcing Contracts: 152 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)
N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 167 Score: 43.8 (Repressed) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zoneUTC+3
Total area 2,235 km2 (2006)
CapitalMoroni (2009)
CurrencyComoran francs (KMF) (2009)
Government typerepublic (2009)
LanguagesArabic (official), French (official), Shikomoro (a blend of Swahili and Arabic)
ReligionsSunni Muslim 98%, Roman Catholic 2%
Total population
1980199020002010*2015**
0.35 million0.46 million0.55 million0.68 million0.75 million

*Estimate    **Forecast

Urban population as % of total population
1960198020002009
12.6%23.2%28.1%28.1%
Population median age19.0 years (2006)
Population growth rate2.4% (2009)
Life expectancy65 years (2007)
Adult literacy75% (2000/2007)
% of population living on less than $2 a day64.98% (2011)
Inequality of wealth distribution (Gini index)

64.3 (2004)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:4 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

25.36% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population5.1% (Data were released in 2011 and refer to 2010)
Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

0.1892 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE