Source: world bank Nominal/PPP
Summary:
Comoros GDP Per Capita expanded from 1980 to 2024, increasing from $0.24 to $1.44 .The compound annual growth rate (CAGR) averaged 4.16% over the period. The economy recorded its peak level in 2024 and its lowest level in 1984. Growth volatility remained high. The maximum drawdown reached 29.55%, indicating the largest cyclical decline from peak levels. The country experienced 10 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 (1982–1984) indicating temporary slowdown
- High Growth (1986–1988) indicating robust economic expansion
- Contraction (1996–1997) indicating temporary slowdown
- Expansion (1998–1999) indicating steady moderate growth
- High Growth (2001–2008) indicating robust economic expansion
- High Growth (2017–2018) indicating robust economic expansion
- Expansion (2019–2021) indicating steady moderate growth
- High Growth (2023–2024) indicating robust economic expansion
The most remarkable growth occurred in 1986 with an increase of 34.489%, while the largest decline was in 1994 at -26.408%.