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Indicators of economy in Comoros

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,183 USD per capita. GDP in Comoros, on the other hand, reached USD 1,577 per capita, or 1.30 billion USD for the whole country. Comoros is currently at number 191 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant, taking purchasing power parity into account, then Comoros ranks 162nd in the list of the richest countries.

Inflation in Comoros in 2015 was around -8.12%. Within the EU, the average in the same year was 9.22 percent. In the United States, it was most recently 8.00%.

The index for perceived corruption in the public sector is 19, which is rather poor by global standards.


Back to overview: Comoros

Impact of the COVID-19 pandemic

Overall, the gross domestic product in Comoros in 2020 increased from 1.20 billion US dollars to 1.23 billion US dollars. Certainly, there have been shifts in numerous sectors of the economy, but a 2.5 percent increase has been rather unusual this year. While most countries have suffered significant losses, Comoros has certainly held its own. The tourism sector alone slumped by around 75 percent. The unemployment rate rose from 8.1 to 9.0 percent. The country's gross debt increased by 11.0 percent.

Income and purchasing power

The average monthly income in Comoros is 132 US Dollar per capita. In the USA, the figure is 5,911 US Dollar. However, the prices of consumer goods are also around 54.4 percent lower than in the USA. If you compare income and price levels, the result is a more expensive life in Comoros than in the United States. The bottom line is that the costs do not offset the lower income, and you get about 95.1 percent less.

However, it is also important to remember that this is a purely statistical model. Both the labor output and the type and quality of the goods received always correspond to the national average on both sides of the equation - so they do not necessarily have to match. Here you can also find an international comparison of cost of living and purchasing power.

Unemployment rates in percentages 1991 - 2022

Economic performance 2021

 Comoros
Total		Comoros
per capita		EU
Total		EU
per capita
GDP1.30 bn USD1,577.47 USD17.177 tn USD33,384.92 USD
Gross national product1.30 bn USD1,581.60 USD16.895 tn USD32,835.37 USD


Development of gross domestic product in millions of USD 1980 - 2021


› Debt budget development
› Corruption in Comoros
› Cost of living in a global comparison


Imports and Exports 2021

 Comoros
Total		Comoros
per capita		EU
Total		EU
per capita
Imports343.67 m USD418.28 USD8.916 tn USD17,329.02 USD
Exports68.75 m USD83.68 USD9.554 tn USD18,569.19 USD


Development of imports and exports in millions of USD 1980 - 2021

Exports
Imports



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