the US does not have an embassy in Comoros; the ambassador toMauritius is accredited to Comoros
Flag description:
four equal horizontal bands of yellow (top), white, red, and blue
with a green isosceles triangle based on the hoist; centered within
the triangle is a white crescent with the convex side facing the
hoist and four white, five-pointed stars placed vertically in a line
between the points of the crescent; the horizontal bands and the
four stars represent the four main islands of the archipelago -
Mwali, Njazidja, Nzwani, and Mayotte (a territorial collectivity of
France, but claimed by Comoros); the crescent, stars, and color
green are traditional symbols of Islam
Economy Comoros
Economy - overview:
One of the world's poorest countries, Comoros is made up of three
islands that have 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, high unemployment, and a heavy
dependence on foreign grants and technical assistance. Agriculture,
including fishing, hunting, and forestry, contributes 40% to GDP,
employs 80% of the labor force, and provides most of the exports.
The country is not self-sufficient in food production; rice, the
main staple, accounts for the bulk of imports. The government -
which is hampered by internal political disputes - is struggling to
upgrade education and technical training, privatize commercial and
industrial enterprises, improve health services, diversify exports,
promote tourism, and 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):
$441 million (2002 est.)
GDP - real growth rate:
2% (2002 est.)
GDP - per capita:
purchasing power parity - $700 (2002 est.)
GDP - composition by sector: agriculture: 40% industry: 4% services: 56% (2001 est.)
Labor force:
144,500 (1996 est.)
Labor force - by occupation:
agriculture 80%
Unemployment rate:
20% (1996 est.)
Population below poverty line:
60% (2002 est.)
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
3.5% (2001 est.)
Budget:
revenues: $27.6 million
expenditures: NA, including capital expenditures of NA (2001 est.)
Agriculture - products:
vanilla, cloves, perfume essences, copra, coconuts, bananas,
cassava (tapioca)
Industries:
tourism, perfume distillation
Industrial production growth rate:
−2% (1999 est.)
Electricity - production:
23.84 million kWh (2002)
Electricity - production by source: fossil fuel: 90.6% hydro: 9.4% nuclear: 0% other: 0% (2001)
Electricity - consumption:
22.17 million kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
700 bbl/day (2001 est.)
Oil - exports:
NA
Oil - imports:
NA
Exports:
$28 million f.o.b. (2002 est.)
Exports - commodities:
vanilla, ylang-ylang, cloves, perfume oil, copra
Exports - partners:
US 43.8%, France 18.6%, Singapore 16.5%, Turkey 4.8%, Germany 4.5%
(2004)
Imports:
$88 million f.o.b. (2002 est.)
Imports - commodities:
rice and other foodstuffs, consumer goods; petroleum products,
cement, transport equipment
Imports - partners:
France 23.5%, South Africa 11.1%, Kenya 7.5%, UAE 7.2%, Italy 4.9%,
Pakistan 4.7%, Mauritius 4.2%, Singapore 4.1% (2004)
Debt - external:
