773407
Arabic (official), French (official), Shikomoro (official; a blend of Swahili and Arabic) (Comorian)
MORONI (capital) 56,000 (2014)
- Conventional long form
- Union of the Comoros
- Conventional short form
- Comoros
- Local long form
- Udzima wa Komori (Comorian); Union des Comores (French); Jumhuriyat al Qamar al Muttahidah (Arabic)
- Local short form
- Komori (Comorian); Comores (French); Juzur al Qamar (Arabic)
federal presidential republic
- Name
- Moroni
- Geographic coordinates
- 11 42 S, 43 14 E
- Time difference
- UTC+3 (8 hours ahead of Washington, DC, during Standard Time)
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
One of the world's poorest countries, the Comoros is made up of three islands that are hampered by 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 and a heavy dependence on foreign grants and technical assistance. Agriculture, including fishing, hunting, and forestry, accounts for 50% of GDP, employs 80% of the labor force, and provides most of the exports. Export income is heavily reliant on the three main crops of vanilla, cloves, and ylang ylang (perfume essence); and the Comoros' export earnings are easily disrupted by disasters such as fires and extreme weather. Despite agriculture’s importance to the economy, the country imports roughly 70% of its food; rice, the main staple, accounts for the bulk of imports. Remittances from about 300,000 Comorans contribute about 25% of the country’s GDP.
- Inflation
- -8.115%
- External debt stocks
- US$ 133,447,000
- Total tax rate (% of commercial profits)
- 216.5%
- Real Interest Rate
- 3.325%
- Manufacturing, value added (% of GDP)
- 7.502%
- Current Account Balance
- US$ -41,140,990
- Labor Force, Total
- 274,735
- Employment in Agriculture
- %
- Employment in Industry
- %
- Employment in Services
- %
- Unemployment Rate
- 19.96%
- Imports of goods and services
- US$ 292,294,228
- Exports of goods and services
- US$ 106,681,227
- Total Merchandise Trade
- 35.77%
- FDI, net inflows
- US$ 5,146,840
- Commercial Service Exports
- US$ 60,932,329
vanilla, cloves, ylang-ylang (perfume essence), coconuts, bananas, cassava (manioc)
fishing, tourism, perfume distillation
- Commodities
- vanilla, ylang-ylang (perfume essence), cloves
- Partners
- India 33.4%, France 15.9%, Germany 8.1%, Saudi Arabia 6.7%, Singapore 6.2%, Netherlands 5.7%, Mauritius 4.9% (2015)
- Commodities
- rice and other foodstuffs, consumer goods, petroleum products, cement and construction materials, transport equipment
- Partners
- China 18.7%, Pakistan 16%, France 14.6%, UAE 11.2%, India 6.3% (2015)