Indicators of economy in Comoros
The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Comoros reached 1.421 US dollars per inhabitant, or 1.24 bn US Dollar in the whole country. Comoros is currently at number 190 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant taking into account the purchasing power parity, then Comoros is in the list of the world's richest countries in place 163.Inflation in Comoros was in 2015 at around -8.12%. Within the EU, the average in the same year was 0.50%. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 48.7% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.
Back to overview: Comoros
Impact of the Covid-19 pandemic in 2020
Overall, the gross domestic product in Comoros in 2020 increased from 1.19 billion US Dollar to 1.24 billion US Dollar. Certainly, there have been shifts in numerous sectors of the economy, but a 3.6 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 9.2 percent.Unemployment rates in percent 1991 - 2021
Economic performance 2020
Comoros Total | Comoros per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 1.24 bn USD | 1,420.66 USD | 15,291.93 tn USD | 29,692.11 USD |
Gross national product | 1.22 bn USD | 1,401.47 USD | 15,330.84 tn USD | 29,767.66 USD |
Development of gross domestic product in million US Dollar 1980 - 2020
Im- and Exports 2020
Comoros Total | Comoros per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 343.67 m USD | 395.21 USD | 7,340.01 bn USD | 14,251.98 USD |
Exports | 68.75 m USD | 79.06 USD | 7,939.04 bn USD | 15,415.11 USD |
Development of imports and exports in million US dollars 1980 - 2020
Exports
Imports