Comoros
Description of Comoros
Welcome to our website dedicated to providing comprehensive insights and analysis on the geopolitical and macroeconomic landscape of Comoros. As a small island nation situated in the Indian Ocean, Comoros faces unique challenges and opportunities that shape its development trajectory. Through the lens of macroeconomic statistics and geopolitical dynamics, we aim to unravel the intricacies of this nation's economic outlook, trade relations, and strategic positioning in the global arena. Join us as we delve into the complexities of Comoros' journey towards sustainable growth and stability.
Population And Age Structure
Population, total: Comoros' population of 806,166 is significantly below the average population of 40,097,746. The country ranks 158 out of 194 countries in terms of total population.
Population ages 0-14 (% of total population): Comoros has a higher percentage of population in the age group 0-14, with 38.47% compared to the average of 27.34%. This places Comoros at rank 44 out of 194 countries.
Population ages 0-14, total: The total number of population in the age group 0-14 in Comoros is 310,137, much lower than the average of 10,327,379. Comoros ranks 151 out of 194 countries in this category.
Population ages 15-64 (% of total population): Comoros has a lower percentage of population in the age group 15-64, with 57.20% compared to the average of 63.44%. This places Comoros at rank 154 out of 194 countries.
Population ages 15-64, total: Comoros has a total population of 461,089 in the age group 15-64, which is below the average of 26,003,407. Comoros ranks 160 out of 194 countries in this aspect.
Population ages 65 and above (% of total population): The percentage of population aged 65 and above in Comoros is 4.33%, much lower than the average of 9.22%. This places Comoros at rank 130 out of 194 countries.
Population ages 65 and above, total: Comoros has a total of 34,939 population aged 65 and above, which is significantly below the average of 3,766,959. Comoros ranks 165 out of 194 countries in this category.
Summary
Comoros stands out for having a relatively small total population, with significant proportions in the age groups 0-14 and 15-64. However, it has a much lower percentage and total number of population aged 65 and above compared to the global average. These demographic indicators are crucial for policymakers and economists to understand the country's workforce potential, dependency ratio, healthcare needs, and future pension burdens.
Population Miscellaneous
1. The Rural population of Comoros stands at 569,314, significantly below the attribute average of
18,044,041. Comoros ranks 147 out of 190 countries for this attribute.
2. Comoros has a Rural population (% of total population) of 70.62, which is above the average of 41.16.
This places Comoros at the 27th position out of 190 countries.
3. The Urban population in Comoros is 236,852, notably lower than the average of 22,425,747. Comoros holds
the 167th position out of 194 countries for this metric.
4. Comoros exhibits an Urban population (% of total population) of 29.38, below the average of 59.69. It
ranks 168th out of 194 countries in this regard.
5. The Age dependency ratio (% of working-age population) in Comoros is 74.84, higher than the average of
59.22. Comoros holds the 41st position out of 194 countries for this ratio.
6. Comoros has a Birth rate of 29.896 per 1,000 people, which is above the average of 19.384. It ranks
38th out of 192 countries in terms of the Birth rate.
7. The Death rate in Comoros is 8.274 per 1,000 people, slightly above the average of 8.214. Comoros ranks
79th out of 192 countries for the Death rate.
8. Comoros has a Total Fertility rate of 4.052 births per woman, higher than the average of 2.603. Comoros
holds the 32nd position out of 190 countries for this metric.
Summary
Comoros has a predominantly rural population, with a high percentage of people living in rural areas compared to the global average. This indicates a unique demographic distribution in the country. The high birth rate and total fertility rate suggest a young population with potential implications for future workforce dynamics and social services. The higher age dependency ratio also highlights potential challenges associated with supporting a larger dependent population.
Natural Resources
Comoros has a forest area of 329.2 sq. km, well below the attribute average of 211606.11 sq. km, ranking 168 out of 191 countries.
With a land area of 1861 sq. km, Comoros falls far below the attribute average of 665166.51 sq. km, placed at rank 170 out of 194 countries.
Comoros also has a surface area of 1861 sq. km, significantly lower than the attribute average of 689779.56 sq. km, ranking 170 out of 194 countries.
Having 65000 hectares of arable land, Comoros is well below the attribute average of 7329543.16 hectares, positioned at rank 153 out of 190 countries.
Comoros' land under cereal production is 10181 hectares, much lower than the attribute average of 4206011.63 hectares, ranking 151 out of 174 countries.
With an average precipitation depth of 900 mm per year, Comoros experiences less rainfall compared to the attribute average of 1157.83 mm per year, placing it at rank 95 out of 178 countries.
In terms of renewable internal freshwater resources, Comoros has 1.2 billion cubic meters, significantly lower than the attribute average of 240.41 billion cubic meters, ranking 153 out of 178 countries.
Summary
Comoros displays limitations in key natural resources, such as forest area, land area, arable land, and freshwater resources, ranking lower than the global averages on these indicators. These lower rankings can impact Comoros' agricultural productivity, biodiversity, and water security, highlighting the importance of sustainable resource management and potential challenges for economic development and environmental sustainability in the country.
Resource Rents
Comoros has a Total natural resources rents (% of GDP) of 1.5992, which is below the average of 4.6300. This places Comoros at rank 85 out of 175 countries.
For Forest rents (% of GDP), Comoros also has a value of 1.5992, slightly above the average of 1.5258. In this category, Comoros is ranked 43 out of 174 countries.
Summary
Comoros has total natural resources rents and forest rents both around the global average or slightly below. The country's ranking, although not exceedingly high, suggests a moderate utilization of its natural resources. This indicates that while Comoros may not be heavily dependent on natural resource extraction economically, it still holds potential for further development through sustainable resource management and exploitation.
Commodities
Comoros has a Cereal production of 18,143 metric tons, which is significantly below the attribute average of 17,249,945. This places Comoros at a rank of 154 out of 174 countries in the dataset.
In terms of Capture fisheries production, Comoros produces 20,755.44 metric tons, below the attribute average of 467,453. It ranks 121st out of 190 countries in the dataset for this attribute.
Comoros' Fertilizer consumption stands at 3.43 kilograms per hectare of arable land, much lower than the attribute average of 159.04. This places Comoros at a rank of 171 out of 187 countries in the dataset.
Summary
Comoros faces challenges in its agricultural sector as seen through its below-average cereal and fertilizer production, resulting in lower rankings compared to other countries in the dataset. This indicates potential difficulties in achieving food security, sustainable agriculture, and overall economic development. Improving agricultural productivity and investing in fertilizer usage could be crucial for Comoros to enhance its food production capacity and competitiveness in the global market.
Intellectual Property
Comoros has a low output in Scientific and technical journal articles, with a value of 3.4, significantly below the average of 15103.76. The country ranks 187th out of 192 countries in this dataset.
Additionally, Comoros has a relatively low value in Charges for the use of intellectual property, with a sum of 674544.29 USD, well below the average of 3218843494.39 USD. The country ranks 127th out of 143 countries in this dataset.
Summary
Comoros lags behind in both scientific output and intellectual property charges compared to global averages, ranking very low among countries in these datasets. This indicates a limited presence in innovation and intellectual property-related transactions, highlighting potential areas for development and investment to boost the country's knowledge economy and competitiveness in the global market.
Broad Economy Attributes
- Comoros' GDP (current US$) is significantly below the average for all countries, ranking 175 out of 189
countries.
- Comoros' GDP, PPP (current international $) is also notably below the average, ranking 165 out of 181
countries.
- GDP per capita (current US$) in Comoros is well below the average, ranking 152 out of 190 countries.
- Comoros' GDP per capita, PPP (current international $) is considerably below the average, ranking 151
out of 181 countries.
- The GNI (current US$) for Comoros falls significantly below the average, ranking 172 out of 185
countries.
- Comoros' GNI, PPP (current international $) is notably lower than the average, ranking 164 out of 181
countries.
- Additionally, the GNI per capita, PPP (current international $) for Comoros is substantially below the
average, ranking 152 out of 181 countries.
Summary
Comoros' key macroeconomic indicators, including GDP, GDP per capita, GNI, and GNI per capita, are consistently below the global averages and rank relatively low compared to other countries. These statistics suggest that Comoros faces significant economic challenges and struggles to achieve levels of wealth and income seen in most other nations. This disparity highlights the need for targeted economic development strategies, foreign investment, and aid to enhance Comoros' economic growth and improve the well-being of its population.
Broad Value Added
The Gross value added at basic prices (GVA) in Comoros is significantly below the average, ranking 166 out of 176 countries in the dataset.
Agriculture, forestry, and fishing contribute a high percentage to Comoros' GDP, well above the average, ranking 6 out of 182 countries.
The value added in Agriculture, forestry, and fishing in current US dollars is notably below the average for Comoros, ranking 145 out of 182 countries.
Comoros' Services value added as a percentage of GDP is slightly below the average, ranking 130 out of 183 countries.
In terms of Services value added in current US dollars, Comoros is significantly below the average, ranking 175 out of 183 countries.
The Industry (including construction) value added in current US dollars is substantially below the average for Comoros, ranking 176 out of 183 countries.
Summary
Comoros faces significant challenges in diversifying its economy and boosting overall economic productivity. The country heavily relies on agriculture, forestry, and fishing sectors, which contribute significantly to its GDP but show lower value-added and production levels compared to global averages. With services and industry sectors also performing below average, Comoros needs to focus on enhancing these sectors to drive economic growth and reduce dependency on agriculture for long-term sustainable development.
Money
Comoros has a lower than average Inflation rate as the GDP deflator (annual %) is 0.67, which is significantly below the average of 6.90. Comoros ranks 133 out of 188 countries in this data set.
Comoros also exhibits a below-average performance in Broad money growth with an annual percentage of 12.90, compared to the average of 18.03. The country ranks 74 out of 139 countries for this metric.
Furthermore, Broad money (% of GDP) in Comoros is notably lower than the average at 31.39, while the average is 71.75. Comoros ranks 117 out of 139 countries in this aspect.
Lastly, Comoros underperforms in the Broad money to total reserves ratio as well, with a value of 1.31, significantly below the average of 5.17. The country holds the 119th rank out of 126 countries considered for this metric.
Summary
Comoros demonstrates a pattern of underperformance in key macroeconomic indicators compared to global averages. The country shows lower-than-average figures in inflation rate, broad money growth, broad money (% of GDP), and broad money to total reserves ratio. These indicators are crucial as they reflect the stability and strength of the country's economy, highlighting potential areas of improvement for policymakers to focus on.
Consumption Expenditure
Final consumption expenditure (current US$): Comoros' value of 1,354,705,526.07 is significantly below the average of 381,630,252,515.38, ranking 151 out of 159 countries.
Final consumption expenditure (% of GDP): Comoros' value of 110.58 is above the average of 82.37, ranking 10 out of 159 countries.
General government final consumption expenditure (current US$): Comoros' value of 129,373,797.32 is far below the average of 93,676,578,238.03, placing the country at rank 155 out of 158 countries.
General government final consumption expenditure (% of GDP): Comoros' value of 10.56 is below the average of 18.71, with a rank of 135 out of 158 countries.
Household and NPISHs Final consumption expenditure (current US$): Comoros' value of 1,225,331,728.75 is notably below the average of 290,127,571,157.69, ranking 146 out of 158 countries.
Households and NPISHs final consumption expenditure (% of GDP): Comoros' value of 100.02 is well above the average of 63.68, ranking 5 out of 158 countries.
Summary
Comoros has relatively low final consumption expenditure in terms of both current US$ and as a percentage of GDP, ranking below average in comparison to other countries. The country's general government final consumption expenditure and household final consumption expenditure are particularly lower compared to the global average, indicating potential challenges in public and household spending. This may signify limited economic activity, lower standards of living, and the need for policy interventions to stimulate consumption and economic growth in Comoros.
Investment
Comoros received a net foreign direct investment of $-3,875,846.08, ranking 42nd out of 169 countries in terms of Foreign direct investment, net (BoP, current US$). This value is significantly higher than the attribute average of -$1,615,230,980.51.
Comoros had net inflows of $3,875,846.08 in foreign direct investment, ranking 150th out of 182 countries in Foreign direct investment, net inflows (BoP, current US$). This value is notably lower than the attribute average of $5,749,271,080.15.
Foreign direct investment, net inflows in Comoros accounted for 0.32% of its GDP, ranking 145th out of 178 countries. This percentage is below the attribute average of 2.61%.
Summary
Comoros received a net foreign direct investment of -$3,875,846.08, which is higher than the global average of -$1,615,230,980.51. However, the country's net inflows in foreign direct investment were lower than the global average, standing at $3,875,846.08 compared to $5,749,271,080.15. Additionally, foreign direct investment accounted for only 0.32% of Comoros' GDP, below the global average of 2.61%.
These statistics are crucial as they indicate that while Comoros is attracting some foreign direct investment, the inflows are below global averages in both absolute terms and as a percentage of GDP. This suggests a potential need for the country to enhance its investment promotion strategies to increase foreign capital inflows and boost economic growth.
Debt
Comoros has a Total debt service (% of GNI) of 0.52, which is significantly below the average of 5.98. The country ranks 114 out of 120 countries for this attribute.
The Public and publicly guaranteed debt service (% of GNI) for Comoros is 0.27, also below the average of 2.84. Comoros ranks 112 out of 120 countries.
Comoros' External debt stocks (% of GNI) stand at 24.12, well below the average of 65.42. The country ranks 105 out of 120 in this attribute.
For Debt service on external debt, total (TDS, current US$), Comoros pays $6,336,720.3, significantly less than the average of $9,811,195,839.23. Comoros ranks 121 out of 123 countries.
The Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) is $3,323,516, which is below the average of $3,310,612,057.60. Comoros ranks 122 out of 123 countries for this metric.
Comoros has External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) of $252,885,442.10, significantly lower than the average of $28,695,879,144.98. The country ranks 120 out of 123 countries in this attribute.
Finally, Comoros' External debt stocks, total (DOD, current US$) amount to $296,639,093.20, well below the average of $73,845,530,111.82. The country ranks 121 out of 123 countries for this particular attribute.
Summary
Comoros displays a prudent approach towards debt management, as evidenced by its significantly lower debt service percentages, external debt stocks, and debt service payments compared to global averages. The country consistently ranks lower in these debt-related indicators, signaling a relatively stable and sustainable debt position. This is crucial for Comoros' economic stability and credibility, reducing fiscal risks and potentially attracting more favorable financing terms in the future.
Broad Trade Attributes
Trade (% of GDP): Comoros has a Trade value of 33.73% of GDP, which is below the average of 82.34%. This places Comoros at rank 149 out of 163 countries in the dataset.
Merchandise trade (% of GDP): Comoros has a Merchandise trade value of 24.57% of GDP, below the average of 60.01%. This places Comoros at rank 174 out of 186 countries in the dataset.
Trade in services (% of GDP): Comoros has a Trade in services value of 12.35% of GDP, below the average of 24.63%. This places Comoros at rank 101 out of 171 countries in the dataset.
External balance on goods and services (current US$): Comoros has an External balance value of -$274,242,546.96, substantially below the average of $3,405,509,011.13. This places Comoros at rank 79 out of 163 countries in the dataset.
External balance on goods and services (% of GDP): Comoros has an External balance value of -22.39% of GDP, below the average of -5.97%. This places Comoros at rank 146 out of 163 countries in the dataset.
Summary
Comoros exhibits a lower than average performance across key macroeconomic indicators related to trade, merchandise trade, trade in services, external balance on goods and services in both absolute terms and as a percentage of GDP. These indicators highlight Comoros's challenges in achieving a more balanced and sustainable trade position compared to other countries in the dataset. Addressing these issues is crucial for improving Comoros's economic stability, reducing external imbalances, and enhancing its overall economic competitiveness on the global stage.
Net Trade
Comoros has a Current account balance of -22048125.7691236 USD, which is below the average of 1443864831.4940138 USD. It ranks 67th out of 170 countries in this attribute.
Comoros' Current account balance as a percentage of GDP is -1.79978941426867, lower than the average of -2.3613128705499826. It holds the 90th position out of 170 countries.
The country's Net trade in goods and services stands at -274670347.811316 USD, falling short of the average of 2604730003.5650773 USD. Comoros ranks 86th out of 171 countries.
Comoros' Net primary income is 5909093.60774913 USD, surpassing the average of -903807529.7376518 USD. It is ranked 47th out of 170 countries.
For Net secondary income, Comoros records 246713128.434442 USD, higher than the average of -269227340.40242267 USD. It holds the 94th position out of 170 countries.
Regarding Net trade in goods, Comoros has -217152485.732286 USD, below the average of 1302831005.6800897 USD. The country ranks 78th out of 171 countries.
Comoros' Net capital account is 34775496.6300903 USD, lower than the average of 136543824.04518417 USD. It is positioned 89th out of 159 countries in this attribute.
Lastly, the Net financial account for Comoros is 14285446.6425476 USD, above the average of -469840994.6309935 USD. It ranks 72nd out of 170 countries.
Summary
Comoros displays a mixed performance across key macroeconomic indicators. While it ranks relatively well in Net primary income, it falls behind in metrics such as Current account balance and Net trade in goods. These statistics are crucial as they provide insights into Comoros' economic health, trade relationships, and financial stability compared to its global counterparts.
Broad Export Attributes
Comoros' Exports of goods, services and primary income amount to $78,172,431.23, significantly below the average of $146,238,908,936.30, ranking 168th out of 170 countries in the dataset.
Comoros' Exports of goods and services (BoP) total $68,937,270.23, notably lower than the average of $122,938,540,059.78, placing the country at the 167th position out of 170 countries.
The country's Exports of goods and services are valued at $69,481,186.42, falling short of the average of $129,596,864,610.19, positioning Comoros at 161st out of 163 countries.
Comoros' Exports of goods and services as a percentage of GDP stand at 5.67%, below the average of 38.19%, ranking 161st out of 163 countries.
Goods exports from Comoros amount to $22,062,069.42, significantly lower than the average of $93,310,581,697.39, placing the country at 166th out of 171 countries.
The country's International tourism receipts as a percentage of total exports is 26.84%, surpassing the average of 9.74%, ranking 13th out of 120 countries.
Comoros' ICT goods exports as a percentage of total goods exports are at 0.07%, notably below the average of 3.81%, positioning the country at 114th out of 142 countries.
Summary
Comoros lags behind in various key macroeconomic indicators such as exports of goods, services, and primary income, goods exports, and exports of goods and services as a percentage of GDP, ranking significantly below the global average. However, the country shows strength in international tourism receipts as a percentage of total exports, positioning itself notably higher than the average. Understanding these indicators is crucial for policymakers and economists to identify areas of improvement and potential growth opportunities to enhance Comoros' economic performance and global competitiveness.
Merchandise Exports
Comoros has a merchandise exports value of $21,000,000, which is significantly below the average of $89,542,711,229.95. The country ranks 182 out of 187 countries in this attribute data.
Food exports account for 66.53% of Comoros' merchandise exports, well above the average of 24.06%. Comoros ranks 12 out of 152 countries in this category.
Comoros has a very minimal percentage of 0.00005 for fuel exports compared to the average of 13.70%. This places Comoros at 146 out of 147 countries in this data set.
For ores and metals exports, Comoros stands at 0.75%, much lower than the average of 9.10%. The country ranks 126 out of 152 countries with available data.
In terms of merchandise exports by the reporting economy residual, Comoros contributes 3.76%, slightly higher than the average of 3.20%. This places Comoros at rank 27 out of 166 countries in this category.
Summary
Comoros exhibits a unique export profile with a heavy reliance on food exports, comprising 66.53% of its merchandise exports, significantly above the global average of 24.06%. In contrast, Comoros has minimal contributions in fuel and ores/metal exports, ranking poorly in these categories globally. Despite its relatively low overall merchandise exports value, Comoros plays a slightly larger role in the reporting economy residual compared to the average, indicating potential for diversification and growth.
These findings are crucial as they highlight Comoros' specialization in food exports, which can be both a strength and a vulnerability. Diversifying into other export sectors could help mitigate risks associated with overreliance on a single export category, while also potentially unlocking untapped economic opportunities for the country.
Technology Exports
Comoros has Manufactures exports accounting for 32.72% of its merchandise exports, which is below the average of 42.62%. The country ranks 83 out of 152 countries in this attribute.
Comoros' High-technology exports amount to $38,577, significantly below the average of $16,655,934,078.80. This places Comoros at rank 149 out of 151 countries.
High-technology exports as a percentage of Manufactures exports for Comoros is 0.57%, much lower than the average of 10.15%. This places Comoros at rank 140 out of 150 countries.
Summary
Comoros has a relatively low level of Manufactures exports, High-technology exports, and High-technology exports as a percentage of Manufactures exports compared to global averages, ranking low among other countries. These indicators are crucial as they reflect Comoros' level of industrialization, technological advancement, and integration into the global economy. The low ranking suggests that Comoros may need to focus on diversifying its exports, enhancing technological capabilities, and fostering innovation to improve its economic competitiveness and resilience.
Service Exports
1. Service exports (BoP, current US$): Comoros' value is significantly below the attribute average, ranking 165 out of 171 countries in the dataset.
2. ICT service exports (BoP, current US$): Comoros' value is well below the attribute average, ranking 123 out of 166 countries in the dataset.
3. ICT service exports (% of service exports, BoP): Comoros' value is notably above the attribute average, ranking 8 out of 166 countries in the dataset.
4. Communications, computer, etc. (% of service exports, BoP): Comoros' value is above the attribute average, ranking 75 out of 169 countries in the dataset.
5. Transport services (% of service exports, BoP): Comoros' value is significantly below the attribute average, ranking 130 out of 169 countries in the dataset.
6. Travel services (% of service exports, BoP): Comoros' value is above the attribute average, ranking 44 out of 167 countries in the dataset.
7. Insurance and financial services (% of service exports, BoP): Comoros' value is below the attribute average, ranking 93 out of 161 countries in the dataset.
Summary
Comoros lags behind in total service exports and ICT service exports compared to other countries in the dataset. However, it excels in exporting ICT services as a percentage of its total service exports. The country also performs well in communications and travel service exports but struggles in insurance and financial service exports. These indicators are crucial as they highlight Comoros' strengths and weaknesses in diversifying its economy and global trade relationships.
Commercial Service Exports
Comoros' commercial service exports amount to $41,672,433.39, ranking 165th out of 171 countries. This value is significantly below the average of $28,508,218,402.80 for this attribute.
Travel services contribute 42.68% to Comoros' commercial service exports, ranking 42nd out of 167 countries. This percentage is notably higher than the average of 27.89%.
Computer, communications and other services constitute 45.43% of Comoros' commercial service exports, placing the country 84th out of 169 nations. This value is slightly above the attribute average.
Insurance and financial services make up 3.29% of Comoros' commercial service exports, ranking 90th out of 161 countries. Comoros falls below the average of 6.97% for this attribute.
Transport services represent 8.59% of Comoros' commercial service exports, placing the country 127th out of 169 nations. Comoros significantly lags behind the average of 23.37% for this attribute.
Summary
Comoros has a notable imbalance in its commercial service exports, with a heavy reliance on travel services and computer, communications, and other services. However, the country falls short in exporting insurance and financial services and transport services compared to the global average. This highlights the need for Comoros to diversify its commercial service exports to reduce dependence on a few sectors and improve competitiveness in the international market.
Broad Import Attributes
Comoros has imports of goods and services (current US$) amounting to $343,723,733.38, ranking 158 out of 163 countries. This value is significantly below the attribute average of $126,191,355,599.06.
Imports of goods and services (% of GDP) in Comoros is 28.06%, ranking 118 out of 163 countries. This percentage is below the attribute average of 44.15%.
Comoros' international tourism expenditures (% of total imports) is at 12.51%, ranking 7 out of 131 countries. The difference from the attribute average of 3.98% is substantial, indicating a high level of tourism expenditure relative to imports.
The country's ICT goods imports (% total goods imports) stand at 2.00%, ranking 133 out of 143 countries. This value is below the attribute average of 6.85%.
Comoros' goods imports (BoP, current US$) are $239,214,555.15, placing the country at rank 165 out of 171 countries. This amount is significantly lower than the attribute average of $92,007,788,027.17.
For imports of goods and services (BoP, current US$), Comoros recorded a value of $343,607,618.04, ranking 164 out of 170 countries. This figure is notably below the attribute average of $120,321,577,988.12.
In terms of imports of goods, services and primary income (BoP, current US$), Comoros has a value of $346,933,685.43, placing it at rank 164 out of 170 countries. The amount is significantly lower than the attribute average of $144,514,428,722.28.
Summary
Comoros demonstrates a pattern of below-average imports across various categories compared to a global average, indicating limited external trade and dependency on domestic production. The country's high international tourism expenditures relative to imports suggest a strong emphasis on the tourism sector as a source of foreign exchange earnings and economic growth.
These findings are crucial as they highlight the importance of diversifying Comoros' economy to reduce reliance on imports and boost export capabilities. The significant tourism expenditure signifies a potential competitive advantage that could be further leveraged to enhance economic development and sustainability in the country.
Merchandise Imports
Comoros has a merchandise imports value of $280,000,000, much below the average of $89,385,605,263. The country ranks 182 out of 190 countries in this data set.
Manufactures imports (% of merchandise imports) in Comoros are 49.99%, below the average of 66.76%. The country ranks 144 out of 152 countries in this data set.
Comoros imports 0.88% of agricultural raw materials, lower than the average of 1.27%. The country stands at 99 out of 152 countries in this data.
Food imports (% of merchandise imports) for Comoros are at 37.64%, significantly higher than the average of 15.89%. The country ranks 2 out of 152 countries in this attribute.
Fuel imports (% of merchandise imports) represent 9.95% for Comoros, slightly below the average of 11.38%. The country ranks 84 out of 152 countries in this data set.
Comoros' ores and metals imports (% of merchandise imports) are at 0.34%, well below the average of 2.57%. The country ranks last, 152 out of 152 countries in this data set.
The country's merchandise imports by the reporting economy, residual (% of total merchandise imports) stand at 0.27%, below the average of 2.51%. Comoros ranks 100 out of 180 countries in this attribute.
Summary
Comoros has below-average values in merchandise imports, manufactures imports, imports of agricultural raw materials, fuel imports, ores and metals imports, and residual imports. Despite ranking low in various import categories, the country excels in food imports, surpassing the average significantly and ranking 2nd out of 152 countries. These findings are crucial as they indicate Comoros' heavy reliance on food imports, which may have implications for food security, domestic agricultural development, and foreign exchange reserves.
Service Imports
- Service imports (BoP, current US$): Comoros has a focus country value of 104,393,062.89 which is significantly below the attribute average of 27,615,356,170.47. Comoros ranks 164 out of 171 countries in this dataset.
- Communications, computer, etc. (% of service imports, BoP): Comoros has a value of 19.21%, below the attribute average of 44.40%. The country ranks 152 out of 169 in this category.
- Transport services (% of service imports, BoP): Comoros performs better in this category with a value of 42.69%, above the attribute average of 32.90%. The country ranks 41 out of 169 nations.
- Travel services (% of service imports, BoP): Comoros excels in this area with a value of 29.72%, significantly surpassing the attribute average of 14.14%. The country secures the 15th position out of 169 countries.
- Insurance and financial services (% of service imports, BoP): Comoros slightly underperforms in this attribute with a value of 8.39%, just below the attribute average of 8.53%. The country ranks 70 out of 169 countries.
Summary
Comoros stands out in its strong performance in the transport services and travel services sectors, with values above the attribute averages. However, the country lags behind in service imports overall, particularly in communications, computer, etc., and insurance and financial services. These indicators are crucial as they reflect Comoros' trade dependencies, economic diversification efforts, and the overall competitiveness of its service sector in the global economy.
Commercial Service Imports
Comoros has a Commercial Service Imports of $103,115,314.72, ranking 164 out of 171 countries. This is significantly below the average of $27,102,746,128.60 for this attribute.
For Computer, Communications, and Other Services (% of Commercial Service Imports), Comoros stands at 18.21%, placing it at a rank of 146 out of 169 countries. This is below the average of 41.71%.
In terms of Insurance and Financial Services (% of Commercial Service Imports), Comoros records 8.49%, ranking 72 out of 169 countries. This is slightly below the average percentage of 8.85%.
Comoros significantly exceeds the average for Transport Services (% of Commercial Service Imports) with 43.21%, placing it at a rank of 47 out of 169 countries.
Travel Services (% of Commercial Service Imports) in Comoros account for 30.09%, positioning the country at rank 17 out of 169 countries. This is notably higher than the average of 14.73%.
Summary
Comoros demonstrates a unique economic profile in its commercial service imports, with notable strengths in Transport Services and Travel Services, exceeding global averages in both categories. However, the country falls below average in Computer, Communications, and Other Services, as well as Insurance and Financial Services. Understanding these indicators is crucial for evaluating Comoros' economic diversification, trade relationships, and overall competitiveness in the global market.
Information Technology Infrastructure
- The number of Secure Internet servers in Comoros is low at 8, significantly below the average of
458,294. Comoros ranks 186 out of 193 countries in this category.
- In terms of Secure Internet servers per 1 million people, Comoros has 9.92 servers, which is far below
the average of 14,067. Comoros ranks 174 out of 193 countries.
- Only 21.16% of individuals in Comoros use the Internet, much lower than the average of 64.77%. Comoros
ranks 165 out of 180 countries.
- Comoros has 1,188 fixed broadband subscriptions, which is significantly lower than the average of
6,591,956. Comoros ranks 179 out of 185 countries.
- With 781,579 mobile cellular subscriptions, Comoros falls short of the average of 42,526,463. Comoros
ranks 160 out of 193 countries in this aspect.
Summary
Comoros lags behind global averages in key internet and communication technology indicators such as the number of secure internet servers, internet usage rate, fixed broadband subscriptions, and mobile cellular subscriptions. These indicators are crucial for economic development, as they are vital for facilitating communication, access to information, and participation in the digital economy. The low rankings of Comoros in these indicators highlight the need for significant improvements in infrastructure and technology adoption to boost socioeconomic growth and competitiveness on a global scale.
Energy Consumption
Comoros has a renewable energy consumption of 48.29% of total final energy consumption, which is above the average of 32.18%. The country is ranked 53rd out of 191 countries in this statistic.
In terms of CO2 emissions, Comoros emits 328.2 kt, significantly below the average of 171895.94 kt. The country ranks 173rd out of 188 countries in CO2 emissions.
Summary
Comoros demonstrates a commendable focus on renewable energy, with 48.29% of its total final energy consumption coming from renewable sources, surpassing the global average. However, the country's CO2 emissions are notably low at 328.2 kt, showcasing strong environmental sustainability practices. These indicators are crucial as they highlight Comoros' commitment to eco-friendly energy practices, potentially positioning it as a leader in renewable energy usage and environmental conservation efforts on the global stage.
Government Balance Sheet
Comoros has a high Total reserves (% of total external debt) of 99.22%, surpassing the attribute average of 66.13%. This places Comoros at rank 19 out of 102 countries.
Comoros has a relatively low Reserves and related items (BoP, current US$) of 37,200,352.69, significantly below the attribute average of 1,924,407,186.58. This ranks Comoros at 84 out of 171 countries.
With a Total reserves minus gold (current US$) of 293,245,492.91, Comoros falls far below the attribute average of 74,221,588,171.61. This places Comoros at rank 152 out of 161 countries.
Similarly, Comoros' Total reserves (includes gold, current US$) of 294,339,897.89 is substantially lower than the attribute average of 85,708,019,773.47. This ranks Comoros at 151 out of 161 countries.
Lastly, Comoros' Total reserves in months of imports stands at 10.18, higher than the attribute average of 7.10. This places Comoros at rank 31 out of 151 countries.
Summary
Comoros displays a strong Total reserves (% of total external debt) at 99.22%, ranking 19th out of 102 countries. However, the country's Reserves and related items, Total reserves minus gold, Total reserves (includes gold), and Total reserves in months of imports are all significantly below their respective attribute averages, placing Comoros at lower ranks globally. These indicators are crucial in assessing a country's financial stability, ability to repay debts, and its resilience to external economic shocks.
Taxes
Comoros has a Tariff rate of 4.58% for all products, which is below the average rate of 5.21%. The country is ranked 66th out of 153 countries in terms of tariff rate.
Summary
Comoros maintains a relatively low Tariff rate of 4.58% for all products, positioning itself favorably below the global average rate of 5.21%. This places Comoros in the 66th position out of 153 countries in terms of tariff rate. These findings are crucial as they indicate that Comoros has a competitive edge in international trade due to its lower tariffs compared to the global average, potentially attracting more foreign investment and facilitating greater economic growth through increased trade activities.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Agriculture, forestry, and fishing, value added (% of GDP) | 6/182 |
| Final consumption expenditure (% of GDP) | 10/159 |
| Households and NPISHs final consumption expenditure (% of GDP) | 5/158 |
| Food exports (% of merchandise exports) | 12/152 |
| ICT service exports (% of service exports, BoP) | 8/166 |
| International tourism, expenditures (% of total imports) | 7/131 |
| Food imports (% of merchandise imports) | 2/152 |
| Travel services (% of service imports, BoP) | 15/169 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Fertilizer consumption (kilograms per hectare of arable land) | 171/187 |
| Scientific and technical journal articles | 187/192 |
| GDP (current US$) | 175/189 |
| GDP, PPP (current international $) | 165/181 |
| GNI (current US$) | 172/185 |
| GNI, PPP (current international $) | 164/181 |
| Gross value added at basic prices (GVA) (current US$) | 166/176 |
| Services, value added (current US$) | 175/183 |
| Industry (including construction), value added (current US$) | 176/183 |
| Broad money to total reserves ratio | 119/126 |
| Final consumption expenditure (current US$) | 151/159 |
| General government final consumption expenditure (current US$) | 155/158 |
| Household and NPISHs Final consumption expenditure (current US$) | 146/158 |
| Total debt service (% of GNI) | 114/120 |
| Public and publicly guaranteed debt service (% of GNI) | 112/120 |
| Debt service on external debt, total (TDS, current US$) | 121/123 |
| Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) | 122/123 |
| External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) | 120/123 |
| External debt stocks, total (DOD, current US$) | 121/123 |
| Trade (% of GDP) | 149/163 |
| Merchandise trade (% of GDP) | 174/186 |
| Exports of goods, services and primary income (BoP, current US$) | 168/170 |
| Exports of goods and services (BoP, current US$) | 167/170 |
| Exports of goods and services (current US$) | 161/163 |
| Exports of goods and services (% of GDP) | 161/163 |
| Goods exports (BoP, current US$) | 166/171 |
| Merchandise exports (current US$) | 182/187 |
| Fuel exports (% of merchandise exports) | 146/147 |
| High-technology exports (current US$) | 149/151 |
| High-technology exports (% of manufactured exports) | 140/150 |
| Service exports (BoP, current US$) | 165/171 |
| Commercial service exports (current US$) | 165/171 |
| Imports of goods and services (current US$) | 158/163 |
| ICT goods imports (% total goods imports) | 133/143 |
| Goods imports (BoP, current US$) | 165/171 |
| Imports of goods and services (BoP, current US$) | 164/170 |
| Imports of goods, services and primary income (BoP, current US$) | 164/170 |
| Merchandise imports (current US$) | 182/190 |
| Manufactures imports (% of merchandise imports) | 144/152 |
| Ores and metals imports (% of merchandise imports) | 152/152 |
| Service imports (BoP, current US$) | 164/171 |
| Commercial service imports (current US$) | 164/171 |
| Secure Internet servers | 186/193 |
| Secure Internet servers (per 1 million people) | 174/193 |
| Individuals using the Internet (% of population) | 165/180 |
| Fixed broadband subscriptions | 179/185 |
| CO2 emissions (kt) | 173/188 |
| Total reserves minus gold (current US$) | 152/161 |
| Total reserves (includes gold, current US$) | 151/161 |