Economic Trivia

Agriculture contributes 50% to GDP, employs 80% of the labor force, and provides most of the exports.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2019): France, United Arab Emirates, and Pakistan
Top 3 Exported Goods (2019): Coffee & Spices, Cosmetics, and Miscellaneous Articles

Top Industries Source: CIA World Factbook

Fishing; Tourism; Perfume Distillation

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $2,918,046,212 (2021)
GDP Growth Rate (annual %) 2.348% (2021)
GDP Per Capita, PPP (current international) $3,284 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 176/197 (2021)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) -8.115% (2015)
External debt stocks, total (DOD, current US$) $301,131,310 (2020)
Total tax rate (% of commercial profits) 219.6% (2019)
Real Interest Rate (5 year average %) 5.366% (2021)
Manufacturing, value added (% of GDP) 7.502% (2015)
Current Account Balance (BoP, current US$) ($23,868,231) (2020)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 235,977 (2021)
Employment in Agriculture (% of total employment) 49.937% (2020)
Employment in Industry (% of total employment) 13.046% (2020)
Employment in Services (% of total employment) 37.018% (2020)
Unemployment Rate 9.447% (2021)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $364,545,364 (2021)
Exports of goods and services (current US$) $87,766,961 (2021)
Total Merchandise Trade (% of GDP) 27.26% (2021)
FDI, net inflows (BoP, current US$) $3,873,524 (2020)
Commercial Service Exports (current US$) $41,488,761 (2020)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Comoros’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank