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Comoros

Udzima wa Komori (Comorian)/Union des Comores (French)/Al Ittihad al Qumuri (Arabic)

Last updated: 2026-03-28 (today)

Budget

note

note: central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated

revenues

$212.551 million (2023 est.)

expenditures

$230.338 million (2023 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2021

$128.331 million (2021 est.)

Exports 2022

$166.032 million (2022 est.)

Exports 2023

$148.455 million (2023 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2021

$415.965 million (2021 est.)

Imports 2022

$480.268 million (2022 est.)

Imports 2023

$504.036 million (2023 est.)

Industries

fishing, tourism, perfume distillation

Labor force

276,400 (2024 est.)

note: number of people ages 15 or older who are employed or seeking work

Public debt

Public debt 2016

27.7% of GDP (2016 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2021

22.2% of GDP (2021 est.)

Remittances 2022

22% of GDP (2022 est.)

Remittances 2023

21.4% of GDP (2023 est.)

Exchange rates

Currency

Comoran francs (KMF) per US dollar -

Exchange rates 2020

430.721 (2020 est.)

Exchange rates 2021

415.956 (2021 est.)

Exchange rates 2022

467.184 (2022 est.)

Exchange rates 2023

454.991 (2023 est.)

Exchange rates 2024

454.524 (2024 est.)

Debt - external

note

note: present value of external debt in current US dollars

Debt - external 2023

$267.652 million (2023 est.)

Economic overview

small trade-based island economy; declining remittances; new structural and fiscal reforms; adverse cyclone and COVID-19 impacts; manageable debts; fragile liquidity environment; large foreign direct investment; state-owned enterprises suffering

Unemployment rate

note

note: % of labor force seeking employment

Unemployment rate 2022

3.9% (2022 est.)

Unemployment rate 2023

3.8% (2023 est.)

Unemployment rate 2024

3.9% (2024 est.)

Exports - partners

Indonesia 25%, India 23%, Turkey 16%, UAE 11%, USA 3% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

China 24%, UAE 21%, Tanzania 12%, France 7%, India 6% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2022

$3,500 (2022 est.)

Real GDP per capita 2023

$3,500 (2023 est.)

Real GDP per capita 2024

$3,600 (2024 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2022

2.8% (2022 est.)

Real GDP growth rate 2023

3.1% (2023 est.)

Real GDP growth rate 2024

3.4% (2024 est.)

Agricultural products

bananas, coconuts, cassava, yams, maize, taro, milk, tomatoes, sweet potatoes, pulses (2023)

note: top ten agricultural products based on tonnage

Exports - commodities

cloves, ships, essential oils, vanilla, scrap iron (2023)

note: top five export commodities based on value in dollars

Imports - commodities

refined petroleum, poultry, rice, flavored water, additive manufacturing machines (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2021

-$4.076 million (2021 est.)

Current account balance 2022

-$5.248 million (2022 est.)

Current account balance 2023

-$24.621 million (2023 est.)

GDP (official exchange rate)

$1.546 billion (2024 est.)

note: data in current dollars at official exchange rate

GDP - composition, by end use

note

note: figures may not total 100% due to rounding or gaps in data collection

household consumption

103.6% (2024 est.)

government consumption

9.2% (2024 est.)

investment in inventories

0% (2024 est.)

investment in fixed capital

11.7% (2024 est.)

exports of goods and services

9.9% (2024 est.)

imports of goods and services

-34.5% (2024 est.)

Population below poverty line

44.8% (2020 est.)

note: % of population with income below national poverty line

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2016

1.8% (2016 est.)

Inflation rate (consumer prices) 2017

1% (2017 est.)

Industrial production growth rate

3.8% (2024 est.)

note: annual % change in industrial value added based on constant local currency

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2022

$2.901 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$2.99 billion (2023 est.)

Real GDP (purchasing power parity) 2024

$3.092 billion (2024 est.)

Youth unemployment rate (ages 15-24)

male

8.3% (2024 est.)

note

note: % of labor force ages 15-24 seeking employment

total

8.9% (2024 est.)

female

9.6% (2024 est.)

Reserves of foreign exchange and gold

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2022

$283.746 million (2022 est.)

Reserves of foreign exchange and gold 2023

$324.561 million (2023 est.)

Reserves of foreign exchange and gold 2024

$323.946 million (2024 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

9.6% (2024 est.)

services

50.1% (2024 est.)

agriculture

36.6% (2024 est.)