The Comorian economy is holding up, but on fragile foundations. That is the conclusion of the African Development Bank (AfDB), which on Monday published its 2026 country report on the Union of the Comoros. The document, titled “Mobilizing large-scale resources to finance development in a fragmented world,” reviews the archipelago’s economic health and its financing needs.
Real GDP grew by 3.7% in 2025. The AfDB attributes this performance to private consumption and diaspora remittances, which represent 20% of national output. The weight of these transfers, largely from the Comorian community in France, makes the Comoros one of the African countries most dependent on its citizens abroad.
The macroeconomic indicators are fairly reassuring. Inflation stands at 3.2%, the budget deficit has been brought down to 2.3% of GDP and public debt stood at 32.9% of GDP. The AfDB forecasts growth of 3.6% in 2026 and 4% in 2027.
The pan-African institution nonetheless qualifies this picture. It describes the recovery as cyclical and fragile, because the structural drivers of the economy remain underdeveloped. Productive investment is still low and sectoral diversification is lagging. The positive forecasts also depend on continued reforms under the Comoros Emerging Plan 2030 and on the country’s ability to withstand external shocks, particularly geopolitical ones.
The International Monetary Fund made a similar diagnosis in February, during the fifth review of the Extended Credit Facility program granted to the Comoros. It noted that reliance on remittances and foreign aid left the country exposed to shocks, while acknowledging progress in rebuilding fiscal buffers and reducing debt risks.
Financing remains the central question. President Azali Assoumani has put the needs of the Comoros Emerging Plan at 5.2 billion euros, of which 3 billion had yet to be raised, during talks with the World Bank reported by the daily Al-Watwan. That is precisely the focus of the AfDB report, which calls for large-scale resource mobilization to turn diaspora-driven growth into more solid development.