Comoros - Towards a More United and Prosperous Union of Comoros : Systematic Country Diagnostic (Anglais)

Comoros, sometimes called the "perfumed islands" because of its fragrant beauty, is an archipelago located on the ancient trade routes of the Indian Ocean. This island nation is home to 800,000 inhabitants, densely populated over a total territory of ...  Voir la suite Comoros, sometimes called the "perfumed islands" because of its fragrant beauty, is an archipelago located on the ancient trade routes of the Indian Ocean. This island nation is home to 800,000 inhabitants, densely populated over a total territory of no more than 1,800 square kilometers, located between the shores of Tanzania, Mozambique and Madagascar. Comoros’ economy is undiversified and among the most food-import dependent in the world. Commerce (mostly of an informal nature) and public services account for half of the economy. Another thirty percent are generated by agriculture produced on small family owned farms and destined mainly for home-consumption. Despite this strong presence of the agricultural sector in the Comorian economy, the country meets most of its food needs through imports. Close to 40 percent of all imports are food imports. Weak connectivity between the three islands translates into high transport costs. This and lack of other supporting infrastructure (like warehousing, cold storage etc.) limits the ability of higher productivity zones to supply growing urban markets at prices that can compete with those of imports. After significant volatility in the first decades after independence, Comoros’ growth performance stabilized at the beginning of the 2000s in a persistent low-growth equilibrium. Since then, the average real growth rate of GDP per capita was 0.3 percent as the low pace of growth of the economy could not keep up with high fertility rates.  Réduire

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