Agriculture > products
vanilla, cloves, perfume essences, copra, coconuts, bananas, cassava |
|
Aid as % of GDP
|
9.2% |
|
[35th of 129]
|
|
Definition: Economy > Aid as % of GDP |
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Source: CIA World Factbook, 28 July 2005 |
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Current account balance
|
$8,000,000.00 |
|
[64th of 181]
|
|
Definition: Economy > Current account balance |
|
Source: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
|
Debt > External
|
$232,000,000.00 |
|
[29th of 136]
|
|
Definition: Economy > Debt > External |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Economy > Overview
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 40% to GDP, employs 80% of the labor force, and provides most of the exports. 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 - 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. The political problems caused the economy to contract in 2007. Remittances from 150,000 Comorans abroad help supplement GDP. |
|
Definition: Economy > Economy > Overview |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Exchange rates
Comoran francs (KMF) per US dollar - 396.21 (2004), 435.9 (2003), 522.74 (2002), 549.78 (2001), 533.98 (2000) |
|
Definition: Economy > Exchange rates |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Exports
|
$32,000,000.00 |
|
[182nd of 189]
|
|
Definition: Economy > Exports |
|
Source: CIA World Factbook, 28 July 2005 |
|
Exports to US
|
$3,400,000.00 |
|
[152nd of 224]
|
|
Definition: Economy > Exports to US |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP
|
$403,176,300.00 |
|
[160th of 203]
|
|
Definition: Economy > GDP |
|
Source: US Census Bureau |
|
GDP (purchasing power parity)
|
$1,262,000,000.00 |
|
[176th of 187]
|
|
Definition: Economy > GDP (purchasing power parity) |
|
Source: World Development Indicators database and CIA World Factbook |
|
GDP > PPP
|
$1,139,000,000.00 |
|
[152nd of 163]
|
|
Definition: Economy > GDP > PPP |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP > Real growth rate
|
-1% |
|
[181st of 198]
|
|
Definition: Economy > GDP > Real growth rate |
|
Source: World Bank. 2005. World Development Indicators 2005. |
|
GDP growth > annual %
|
4.23 annual %
|
|
[95th of 187]
|
|
Definition: Economy > GDP growth > annual % |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP per capita, PPP > current international $
|
1,993.05 PPP $
|
|
[128th of 169]
|
|
Definition: Economy > GDP per capita, PPP > current international $ |
|
Source: World Development Indicators database |
|
Gross National Income
|
$218,867,000.00 |
|
[163rd of 172]
|
|
Definition: Economy > Gross National Income |
|
Source: World Development Indicators database |
|
Gross national income > constant LCU
|
86676990000 |
|
|
|
Definition: Economy > Gross national income > constant LCU |
|
Human Development Index
|
0.547 |
|
[133rd of 178]
|
|
Definition: Economy > Human Development Index |
|
Source: World Development Indicators database |
|
Inflation rate (consumer prices)
|
3% |
|
[126th of 192]
|
|
Definition: Economy > Inflation rate (consumer prices) |
|
Source: Human Development Report 2006, United Nations Development Programme |
|
Population below poverty line
|
60% |
|
[8th of 46]
|
|
Definition: Economy > Population below poverty line |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Tourist arrivals
|
26,000 |
|
[138th of 152]
|
|
Definition: Economy > Tourist arrivals |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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