to privatize commercial and industrial enterprises, to improve health
services, to diversify exports, to promote tourism, and to reduce the
high population growth rate. Increased foreign support is essential if
the goal of 4% annual GDP growth is to be met. Remittances from 150,000
Comorans abroad help supplement GDP.
GDP: purchasing power parity - $424 million (2001 est.)
GDP - real growth rate: 1% (2001 est.)
GDP - per capita: purchasing power parity - $710 (2001 est.)
GDP - composition by sector: agriculture: 40% industry: 4% services: 56%
(2001 est.)
Population below poverty line: 60% (2001 est.)
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 3.5% (2001 est.)
Labor force: 144,500 (1996 est.)
Labor force - by occupation: agriculture 80%
Unemployment rate: 20% (1996 est.)
Budget: revenues: $27.6 million expenditures: $NA, including capital
expenditures of $NA (2001 est.)
Industries: tourism, perfume distillation
Industrial production growth rate: -2% (1999 est.)
Electricity - production: 19 million kWh (2000)
Electricity - production by source: fossil fuel: 89.47% hydro: 10.53%
other: 0% (2000) nuclear: 0%
Electricity - consumption: 17.67 million kWh (2000)
Electricity - exports: 0 kWh (2000)
Electricity - imports: 0 kWh (2000)
Agriculture - products: vanilla, cloves, perfume essences, copra,
coconuts, bananas, cassava (tapioca)
Exports: $35.3 million (f.o.b., 2001 est.)
Exports - commodities: vanilla, ylang-ylang, cloves, perfume oil, copra
Exports - partners: France 46%, US 18%, Singapore 18%, Germany 9% (1999)
Imports: $44.9 million (f.o.b., 2001 est.)
Imports - commodities: rice and other foodstuffs, consumer goods;
petroleum products, cement, transport equipment
Imports - partners: France 34%, South Africa 14%, Kenya 7%, Pakistan 4%
(1999)
Debt - external: $225 million (yearend 2000 est.)
Economic aid - recipient: $10 million (2001 est.)
Currency: Comoran franc (KMF)
Currency code: KMF
Exchange rates: Comoran francs per US dollar - 557.09 (January 2002),
549.78 (2001), 533.98 (2000), 461.77 (1999), 442.46 (1998), 437.75 (1997)
note: prior to January 1999, the official rate was pegged to the French
franc at 75 Comoran francs per French franc; since 1 January 1999,
the Comoran franc is pegged to the euro at a rate of 491.9677 Comoran
francs per
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