logo

ECON FACTBOOK

Home    About

Economy of Comoros

Population: 735 thousand in 20131

GDP: $657 million in 20132

GDP per capita: $815 nominal3 ($1,559 PPP4) in 2013

GDP growth rate: 3.5% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Agriculture, hunting, forestry, fishing32850.0%
Wholesale, retail trade, restaurants and hotels10015.2%
Other activities8713.2%
Transport, storage and communication7411.3%
Construction335.0%
Manufacturing253.7%
Mining and utilities91.5%
Total value added656100%

Employment

Unemployment rate: 6.5% in 20137

Employment by Industry 19968

Employment sectorPercent of total
Agriculture80%
Industry and services20%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $1 billion (152% of GDP) in 201410

Household Wealth per Adult: $3,173 in 201410

Gini Coefficient: .643 in 201311

Government

Central Government

Central Government Revenue: $170 million (26% of GDP) in 201312

Central Government Expenditure: $167 million (25% of GDP) in 201312

Central Government Budget Balance: +$3 million (+1% of GDP) in 201312

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds: N/A

Corporate Tax Rate: N/A

Monetary Policy

Money Supply (M1): $144 million (22% of GDP) in Oct 2014* 13

Benchmark Interest Rate: State Advance = 1.5% in Jan 201514

Total Reserves: $174 million (26% of GDP) in 201315

Exchange Rate: 433 Comoran Franc = 1 U.S. Dollar on Feb 25, 201516

Inflation: 2.3% in 201317

* Money supply calculated using the exchange rate 433 KMF = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201318

N/A (data not available at Relbanks.com)

International Accounts

Exports: $20 million (3% of GDP) in 201319

Imports: $209 million (32% of GDP) in 201319

Trade Balance: -$189 million (-29% of GDP) in 201319

Foreign Direct Investment Inflow: $14 million (2% of GDP) in 201320

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $69 million (11% of GDP) in 201221

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Fortune Global 500 (Top corporations) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: (Government Budget) Go back
13. Source: Banque Centrale des Comores, Statistiques Monetaires (Money supply) Go back
14. Source: Banque Centrale des Comores (Benchmark interest rate) Go back
15. Source: World Bank Indicators (Total reserves) Go back
16. Source: xe.com (Exchange rate) Go back
17. Source: World Bank Indicators (Inflation rate) Go back
18. Source: Relbanks.com (Financial institutions by assets) Go back
19. Source: CIA World Factbook (Trade data) Go back
20. Source: World Bank Indicators (FDI data) Go back
21. Source: World Bank Indicators (Aid data) Go back