Comoros: economy

What is the GDP growth rate of the Comoros?

The Comoros economy grew by 3.7% in volume in 2025, after 3.4% in 2024, according to provisional national accounts from INSEED, the national statistics institute. GDP at current prices reached 781.8 billion Comorian francs (KMF), or about 864,000 KMF per person. Investment rose 11.1% and construction 20.4%.

The 2025 figure is provisional; INSEED revised 2024 up from 3.3% to 3.4% when it became final. The Central Bank of the Comoros gives 3.8% for 2025 in its 2025 annual report so the two official sources differ slightly; check which estimate a figure comes from.

Official sources: INSEED: national accounts 2024 final and 2025 provisional · Central Bank of the Comoros: annual report 2025 (PDF)

What is the inflation rate in the Comoros?

Consumer prices in Moroni were 1.7% higher in August 2026 than a year earlier, according to the harmonised consumer price index (IHPC) bulletin from INSEED. Prices rose 1.9% from July to August 2026, mainly because food and non-alcoholic drinks went up 2.8% in the month.

The index covers Moroni and has 2011 as its base year, with food carrying more than half of the weight. Monthly moves can be large because fish prices swing with the catch. For whole-year figures, the Central Bank of the Comoros reports average inflation of 3.3% in 2025, down from 5.1% in 2024, in its 2025 annual report.

Official sources: INSEED: IHPC bulletin August 2026 · Central Bank of the Comoros: annual report 2025 (PDF)

How much money does the diaspora send to the Comoros?

Current transfers to the Comoros reached 152.7 billion Comorian francs in 2025, up from 150.3 billion in 2024, according to the Central Bank of the Comoros 2025 annual report. The report says diaspora transfers now amount to more than 20% of GDP, compared with less than 3% in 1975.

Current transfers in the balance of payments are mostly money sent home by Comorians living abroad, largely in France, but they also include some other transfers. The central bank links the 2025 rise in household consumption to these flows. Its balance of payments statistics page has the detailed series.

Official sources: Central Bank of the Comoros: annual report 2025 (PDF) · Central Bank of the Comoros: balance of payments statistics

What does the Comoros export?

The Comoros exported 13.1 billion Comorian francs of goods in 2025, down from 14.3 billion in 2024, while imports were 134.6 billion, according to the Central Bank of the Comoros 2025 annual report. Cloves were the largest export at 35% of goods export earnings, bringing in 7.1 billion francs. Ylang-ylang brought in 1.8 billion, and vanilla only 0.1 billion as volumes fell to 6 tonnes from 14.6 tonnes.

Exports are dominated by these cash crops, so world prices and harvests drive the totals. The large gap between imports and exports is mainly financed by diaspora transfers, which show up elsewhere in the balance of payments.

Official sources: Central Bank of the Comoros: annual report 2025 (PDF)

What is the Central Bank of the Comoros interest rate?

The Central Bank of the Comoros kept its policy rate, the TSAO, at 3% throughout 2025, according to its 2025 annual report. In the fourth quarter of 2025 it cut the reserve requirement for banks from 12.5% to 10%.

The Comorian franc is pegged to the euro, so its policy is tied to keeping that peg; the report notes that lower European Central Bank rates also affected the bank's own income. The bank publishes its current intervention rates on its intervention rates page. Rates charged by commercial banks to customers are higher and are set by each bank.

Official sources: Central Bank of the Comoros: annual report 2025 (PDF) · Central Bank of the Comoros: intervention rates

What is the Comorian franc exchange rate?

The Comorian franc is fixed to the euro at 1 euro = 491.96775 Comorian francs (KMF), according to the Central Bank of the Comoros 2025 annual report. Because the rate is fixed, the franc's value against the US dollar and other currencies moves with the euro.

The central bank must keep foreign reserves to defend the peg; its annual report puts reserves at 9.4 months of imports at the end of 2025, up from 8.1 months in 2024. Daily rates against other currencies are on the bank's exchange rates page. INSEED also notes that the euro peg helps to stabilise prices.

Official sources: Central Bank of the Comoros: annual report 2025 (PDF) · Central Bank of the Comoros: exchange rates

How much does the Comoros earn from tourism?

Travel receipts in the Comoros balance of payments were 42.8 billion Comorian francs in 2025, up from 40.9 billion in 2024, according to the Central Bank of the Comoros 2025 annual report. Spending by Comorians travelling abroad fell to 37.4 billion francs from 40.6 billion, so the travel account showed a surplus.

Travel receipts count what visitors spend in the country, including Comorians from the diaspora who come home on visits, as well as business travellers. They are a balance of payments measure, not a count of tourists or hotel nights.

Official sources: Central Bank of the Comoros: Rapport annuel 2025 (PDF)

How large are the Comoros' foreign reserves?

Foreign reserves covered 9.4 months of imports of goods and services at the end of 2025, up from 8.1 months a year earlier, according to the Central Bank of the Comoros 2025 annual report. Reserve assets grew by 17.5 billion Comorian francs in 2025, against 9.7 billion in 2024, mostly in foreign currency.

Reserves matter because the franc is pegged to the euro and the central bank must be able to supply foreign currency at that rate. Months of imports is a common measure of how long reserves could pay for imports if other inflows stopped. The report also says reserves covered 51.8% of the money issued at the end of 2025.

Official sources: Central Bank of the Comoros: Rapport annuel 2025 (PDF)

Is bank lending growing in the Comoros?

Credit to the economy in the Comoros rose 11.1% in 2025, from 127.1 billion to 141.2 billion Comorian francs, according to the Central Bank of the Comoros 2025 annual report. Loans to private businesses and households rose 14.7% to 129.7 billion francs. Money supply grew 17.2% to 285.9 billion francs.

Bad loans (créances en souffrance) fell 26% to 13.4 billion francs, bringing the doubtful loan ratio down to 9% from 14%. The report says this partly reflects the transfer of about 6 billion francs of bad loans out of the postal bank when it was restructured, and the writing-off of very old loans, rather than only better repayment.

Official sources: Central Bank of the Comoros: Rapport annuel 2025 (PDF)

How many people in the Comoros have a bank account?

Financial inclusion in the Comoros stood at 39.2% at the end of 2024, according to the Central Bank of the Comoros 2025 annual report. The number of deposit accounts rose 4.9% to 568,643 in 2025, from 542,324 in 2024. Access points fell slightly, from 4.01 to 3.94 per 10,000 adults, after some postal bank branches closed.

The national financial inclusion strategy (SNIF 2025-2030) aims for 75% financial inclusion and a 70% banking rate by 2030. The central bank is rolling out a national network of bank agents to reach rural areas. Account counts are not the same as people, since one person can hold several accounts.

Official sources: Central Bank of the Comoros: Rapport annuel 2025 (PDF)

What is the population of the Comoros?

The Comoros had an estimated 921,626 people in 2025, according to INSEED's revised population projections (medium scenario), up from 758,316 at the 2017 census. The population is projected to pass one million in 2029 and reach 1,351,504 in 2042.

In 2025 Ngazidja had 455,144 people (49.4%), Ndzuwani 400,675 (43.5%) and Mwali 65,807 (7.1%). These are projections from the 2017 census, using fertility and mortality assumptions updated with the 2022 MICS survey; INSEED is preparing a new census (RGPH5) for 2027, which will replace them. 43.7% of the population is under 15.

Official sources: INSEED: population projections 2017-2042

How many farms are there in the Comoros?

The Comoros has 73,966 farms, 32.4% more than at the previous census in 2004, according to INSEED's second agricultural census (RGA-2), carried out over the 2023-2024 season. 71% of households farm, and 430,369 people live in farming households. Farms average 0.40 hectares, and 85% are under one hectare.

77% of family farms grow mainly for their own consumption. Bananas were the largest crop at 72,809 tonnes, followed by cassava at 59,149 tonnes. Among export crops, the census recorded 2,442 tonnes of vanilla and 2,178 tonnes of cloves; these are production figures, so they differ from export volumes in trade data.

Official sources: INSEED: RGA-2 agricultural census, core module results

How fast is the Comoros' economy growing?

3.8%: that is real GDP growth in the Comoros for 2025, according to the World Bank. Its high point since 2005 was 2005, at 5.7%; its low point was 2006, at -1.8%. Across Sub-Saharan Africa the middle value was 4.6%, and the Comoros placed 30th highest of 46. World rank, highest first: 77th of 180.

What is GDP per capita in the Comoros?

In 2025, GDP per person in the Comoros was $2,056, according to the World Bank. It is the top of the series, which starts in 2005. It is 18th highest of 46 in Sub-Saharan Africa, where the median is $1,351. Of 180 countries with 2025 data, 147th highest.

How does the Comoros' income per person compare after prices?

The latest figure from the World Bank, for 2025, is $4,238 in international dollars. It is the top of the series, which starts in 2005. Across Sub-Saharan Africa the middle value was $4,425 in international dollars, and the Comoros placed 25th highest of 46. Worldwide: 155th of 179.

How much does the Comoros export?

In 2025, exports of goods and services in the Comoros was 9.3% of GDP, according to the World Bank. Since 2005 it has ranged from 5.7% of GDP (2020) to 12.9% of GDP (2022). Across Sub-Saharan Africa the middle value was 26.1% of GDP, and the Comoros placed 37th highest of 38. Of 133 countries with 2025 data, 130th highest.

Does the Comoros earn more abroad than it spends?

The latest figure from the IMF, for 2023, is -1.7% of GDP, a deficit. Since 2005 it has ranged from -7.5% of GDP (2008) to -0.3% of GDP (2015). It is 10th highest of 40 in Sub-Saharan Africa, where the median is -5.1% of GDP. Worldwide: 93rd of 172.

How much foreign investment does the Comoros receive?

0.5% of GDP: that is net inflows of foreign direct investment in the Comoros for 2025, according to the IMF. The peak was 2.3% of GDP in 2011 and the low 0.1% of GDP in 2005. It is 41st highest of 46 in Sub-Saharan Africa, where the median is 2.0% of GDP. World rank, highest first: 142nd of 179.

How high are loan rates in the Comoros?

In 2022, the average bank lending rate in the Comoros was 8.0%, according to the IMF. Its high point since 2005 was 2005, at 11.0%; its low point was 2021, at 7.9%. Sub-Saharan Africa median: 12.5%; the Comoros is 21st highest of 24. World rank, highest first: 55th of 96.