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Comoros GDP and Economic Data

Includes Comoros real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Comoros economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Comoros best banks and safest banks are also available.

Global Salon: Francisco Ferreira

SIDESTEPPING THE BOOM AND BUST   By Tiziana Barghini   Global Finance sat down with Francisco Ferreira, chief economist, Africa, at the World Bank, to discuss the continent’s economic outlook. The pace of growth in Africa hovered around an impressive ...

 
 
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Central bank

Central Bank of the Comoros

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International Reserves

USD 0.2 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

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Gross Domestic Product - GDP

USD 0.7 billion (2018, estimate)

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GDP (Purchasing Power Parity)

Intl$ 1.4 billion (2018, estimate)

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Real GDP growth
2007 2008 2009 2010 2011 2012 2013
0.5% 1% 1.8% 2.1% 2.2% 3% 3.5%
2014 2015 2016 2017* 2018*    
2% 1% 2.2% 2.7% 2.8%    

*Estimate

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GDP per capita - current prices

USD 873.5 (2018, estimate)

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GDP per capita - PPP

Intl$ 1,631.8 (2018, estimate)

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GDP (PPP) - share of world total
0.001% (2019, estimate)
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GDP - composition by sector
  • agriculture: 29.9% 
  • industry: 12.2% 
  • services: 53%

(2017 estimate)

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Gross domestic expenditure on R&D; (% of GDP)

N/A

 

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Inflation
2015 2016 2017 2018* 2019*
0.9% 0.8% 0.1% 1.7% 3.2%

*Estimate

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Unemployment rate
2015 2016 2017 2018 2019
N/A N/A N/A N/A N/A

*Estimate

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
14.3% 16.9% 18.4% 21% 24.3%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
2.5% -4.4% 0.4% -1% -3.3%

*Estimate

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Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated as of January 24th 2017)

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Market value of publicly traded shares
2016 2017 2018
N/A N/A N/A
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Largest companies

N/A

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Current account balance

USD 0.0 billion (2018 estimate)

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Current account balance by percentage of GDP

-3.8 % (2018 estimate)

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Exports as percent of GDP (Exports of goods and services)

11.6% (2017)

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Shares in world total merchandising export

0.0003% (2018)

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Shares in world total commercial services export

0.001% (2014)

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Total exports

USD 108.6 million (2016)

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Export commodities

Vanilla, ylang-ylang (perfume essence), cloves

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Total imports

USD 268.6 million (2016 estimate)

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Import commodities

Rice and other foodstuffs, consumer goods, petroleum products, cement and construction materials, transport equipment

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Exports - major partners

France 36.5%, India 12.2%, Germany 8.2%, Pakistan 6.3%, Switzerland 5.8%, South Korea 4.7%, Russia 4.3% (2017)

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Imports - major partners

UAE 32.8%, France 17.3%, China 13.2%, Madagascar 6.1%, Pakistan 4.5%, India 4.3%(2017)

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FDI inflows
2016 2017 2018
USD 3.6 million USD 3.9 million USD 7.9 million
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FDI outflows
2016 2017 2018
N/A N/A N/A
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Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
N/A N/A N/A N/A
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Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

160 out of 190 countries

​Subcategories:
Starting a Business: 158 out of 190 countries
Dealing with Construction Permits: 101 out of 190 countries
Getting Electricity: 136 out of 190 countries
Registering Property: 113 out of 190 countries
Getting Credit: 132 out of 190 countries
Protecting Minority Investors: 162 out of 190 countries
Paying Taxes: 168 out of 190 countries
Trading across Borders: 120 out of 190 countries
Enforcing Contracts: 179 out of 190 countries
Resolving Insolvency: 168 out of 190 countries
World Bank - Doing Business 2019

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Global competitiveness ranking

N/A

(2019)

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Index of Economic Freedom

Ranking: 124 / Score: 55.4 (Mostly unfree)

(100=totally free 0=totally repressed)

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Time zone

UTC+3

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Total area

2,235 sq km

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Capital

Moroni

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Currency

Comoran francs (KMF)

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Government type

Federal presidential republic

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Languages

Arabic (official), French (official), Shikomoro (official; a blend of Swahili and Arabic) (Comorian)

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Religions

Sunni Muslim 98%, other (including Shia Muslim, Roman Catholic, Jehovah's Witness, Protestant) 2%

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Total population
1990 2000 2010 2015* 2020*
0.46 million 0.54 million 0.69 million 0.79 million 0.9 million

*Estimate

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Urban population as % of total population
1960 1980 2000 2018
12.6% 23.2% 28.1% 29%
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Population median age

20.2 years

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Population growth rate

1.57% (2018 estimate)

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Life expectancy

64.9 years (2018 estimate)

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Literacy

Total population: 77.8% 
Male: 81.8% 
Female: 73.7%
Definition: age 15 and over can read and write (2015 est.)

(age 15 and over can read and write)

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% of population living on less than $3.10 a day

37.5% (last available estimate, 2013)

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Inequality of wealth distribution (Gini index)

45.3 (last available estimate, 2013)

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Freedom House rating

Partly Free
Political Rights: 4
Civil Liberties: 4 (2019)

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

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Total telephone subscribers as % of population

Fixed: 1.2% Mobile: 59.9% (2018) 
(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

8.48 % (2017)

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Mercer Cost of living index

N/A

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CO2 emissions

0.2 metric tons per capita (2014)

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