Comoros Economic Statistics and Indicators

24, Jan 2021, EST. Welcome to the Comoros economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Comoros › Change country
National or Regional Currency: Comorian France, KMF
Year of data: 2015 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 766,865 (July 2014 est.)
Area: total: 2,235 sq km ; land: 2,235 sq km ; water: 0 sq km
Natural Resources: NEGL
Capital: name: Moroni ; geographic coordinates: 11 42 S, 43 14 E ; time difference: UTC+3 (8 hours ahead of Washington, DC, during Standard Time)

One of the world's poorest countries, Comoros is made up of three islands that have inadequate transportation links, a young and rapidly increasing population, and few natural resources. The low educational level of the labor force contributes to a subsistence level of economic activity, high unemployment, and a heavy dependence on foreign grants and technical assistance. Agriculture, including fishing, hunting, and forestry, contributes 50% to GDP, employs 80% of the labor force, and provides most of the exports. Export income is heavily reliant on the three main crops of vanilla, cloves, and ylang-ylang; and Comoros' export earnings are easily disrupted by disasters such as fires. The country is not self-sufficient in food production; rice, the main staple, accounts for the bulk of imports. The government - which is hampered by internal political disputes - lacks a comprehensive strategy to attract foreign investment and is struggling to upgrade education and technical training, privatize commercial and industrial enterprises, improve health services, diversify exports, promote tourism, and reduce the high population growth rate. Political problems have inhibited growth. Remittances from 200,000 Comorans abroad help supplement GDP. In December 2012, IMF and the World Bank's International Development Association supported $176 million in debt relief for Comoros, resulting in a 59% reduction of its future external debt service over a period of 40 years.

GDP (Constant Prices, National Currency) for Comoros in year 2015 is KMF 148.093 Billion.

GDP Growth (Constant Prices, National Currency) for Comoros in year 2015 is 1.034 %.

GDP (Current Prices, National Currency) for Comoros in year 2015 is KMF 260.989 Billion.

GDP (Current Prices, US Dollars) for Comoros in year 2015 is US$ 0.589 Billion.

GDP Deflator for Comoros in year 2015 is 176.233 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Comoros in year 2015 is KMF 185,249.32 .

GDP Per Capita (Current Prices, National Currency) for Comoros in year 2015 is KMF 326,470.14 .

GDP Per Capita (Current Prices, US Dollars) for Comoros in year 2015 is US$ 736.348 .

GDP (PPP), US Dollars for Comoros in year 2015 is US$ 1.214 Billion.

GDP Per Capita (PPP), US Dollars for Comoros in year 2015 is US$ 1,518.67 .

GDP Share of World Total (PPP) for Comoros in year 2015 is 0.001 %.

Implied PPP Conversion Rate for Comoros in year 2015 is 214.971 .

Investment (% of GDP) for Comoros in year 2015 is 18.413 %.

Gross National Savings (% of GDP) for Comoros in year 2015 is 14.585 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Comoros in year 2015 is 171.081 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Comoros in year 2015 is 2 %.

Inflation, End of Year (Indexed to Year 2000) for Comoros in year 2015 is 175.664 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Comoros in year 2015 is 3.353 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Comoros in year 2015 is 13.115 %.

Import Volumes of Goods Only (Percent Change) for Comoros in year 2015 is 3.687 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Comoros in year 2015 is 3.302 %.

Export Volumes of Goods Only (Percent Change) for Comoros in year 2015 is 2.39 %.

Population for Comoros in year 2015 is 0.799 Million .

General government revenue (National Currency) for Comoros in year 2015 is KMF 78.494 Billions.

General government revenue (% of GDP) for Comoros in year 2015 is 30.075 %.

General government total expenditure (National Currency) for Comoros in year 2015 is KMF 66.557 Billions.

General government total expenditure (% of GDP) for Comoros in year 2015 is 25.502 %.

Total Government Net Lending/ Borrowing (National Currency) for Comoros in year 2015 is KMF 11.937 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Comoros in year 2015 is 4.574 %.

Fiscal Year Gross Domestic Product, Current Prices for Comoros in year 2015 is KMF 260.989 Billions.

Current Account Balance (US Dollars) for Comoros in year 2015 is US$ -0.06 Billion.

Current Account Balance (% GDP) for Comoros in year 2015 is -10.16 %.