Source: world bank Nominal/PPP
Summary:
Comoros GDP Per Capita expanded from 1980 to 2024, increasing from $720.69 to $1,662.76 .The compound annual growth rate (CAGR) averaged 1.92% over the period. The economy recorded its peak level in 2024 and its lowest level in 1985. Growth volatility remained high. The maximum drawdown reached 32.53%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
Comoros Economic Phases (1980 - 2024)
From 1980 to 2024, Comoros economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- Contraction (1982–1985) indicating temporary slowdown
- High Growth (1986–1987) indicating robust economic expansion
- Contraction (1996–1998) indicating temporary slowdown
- High Growth (2001–2004) indicating robust economic expansion
- Expansion (2005–2006) indicating steady moderate growth
- High Growth (2007–2008) indicating robust economic expansion
- Contraction (2009–2010) indicating temporary slowdown
- Expansion (2016–2017) indicating steady moderate growth
- Expansion (2020–2021) indicating steady moderate growth
- High Growth (2023–2024) indicating robust economic expansion
The most remarkable growth occurred in 1986 with an increase of 30.795%, while the largest decline was in 1994 at -27.699%.