Comoros GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Comoros expanded 3.50 percent in 2013 from the previous year. GDP Annual Growth Rate in Comoros averaged 2.14 Percent from 1981 until 2013, reaching an all time high of 8.53 Percent in 1992 and a record low of -5.40 Percent in 1991. GDP Annual Growth Rate in Comoros is reported by the Banque Centrale des Comores.
||1981 - 2013
Comoros is one of the poorest countries in the world where most of population rely on subsistence agriculture and fishing. Comoros economy is highly dependent on foreign aid and remittances. In recent years, the expanding tourism industry has been growing short to its potential due to unstable political environment and lack of infrastructure. However, the growth prospects may soon improve. The government of Comoros is expected to meet the criteria necessary to see a debt relief as part of the Highly Indebted Poor Countries Initiative. This, along with investments in tourism and infrastructure may boost the economy. This page provides - Comoros GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.