Tuesday, November 3, 2009

Comoros, Economy

One of the World's poorest country. It is made up of three islands with little transportation or communcation facilities. It possesses rapidly increasing population and few natural resources.
With low educational efficiency (56.5%) it has high unemployment and a heavy dependence on foreign grants and technical assistance.Agriculture including fishing , hunting, and forestry, contribute only 40% to GDP., employs 80% of the labor force , and provides most of the exports.
The counrty is not self sufficient in food production; rice, the main staple , accounts for the bulk of imports.
GDP per capita-Agriculture; 40%
Industry;4%
Sevice;56% (2001 est)