Economy of Comoros

Gross Domestic Product 2012

GDP (purchasing power parity): $872 million

GDP real growth rate: 2.5%

GDP per capita (PPP): $1,300

GDP composition by sector

Agriculture: 50%

Industry: 10%

Services: 40%

Inflation: 6%

Currency: Comoran francs (KMF)

Business Languages

The commercial languages include the following

French
Standard Arabic

Transport

Comoros possesses 880 kilometres of highway of which 673 kilometres are paved. It has three seaports: Fomboni, Moroni and Moutsamoudou and It has four airports all with paved runways, one with runways over 2,438 meters long with the others having runways shorter than 1,523 meters

Energy in Comoros

The key Sources of energy in the Comoros include; wood which satisfies 78% of the country’s energy needs, followed by hydrocarbons which satisfy 20% and hydro power.

Challenges in Comoros

Development Challenges due to Comoros’ prolonged political conflicts
Water supplied to most of the population is unsafe
Comoros are volcanic islands, prone to natural disasters.
Comoros faces serious challenges in effective management of marine resources, particularly in the face of climate change

About The Author

John Muhaise-Bikalemesa (JMB), is the founder of Muhaise.com blog and bigdrumassociates.com company. Learn more about him here and connect with him on his social medias below

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