Remittances to Comoros: Volume, Trends, Impact and Implications

  • Date Posted: June 2, 2010
  • Authors: Vincent da Cruz, Wolfgang Fengler, Adam Schwartzman
  • Organizations: World Bank
  • Document Types: Evaluation, Assessment
  • Donor Type: Multilateral Organization

Best known for political instability, a high number of coups, and for the export of spices, the Comoros Islands are also among the leading countries in the world in terms of remittances per capita and dependency on the export of their labor force. In Africa, Comoros ranks second, after Eritrea, in terms of its dependence on remittances. This study is the first attempt to analyze the magnitude, economic impact, seasonal variation and regional distribution of remittance flows to Comoros. It also discusses determinants, use and impact of remittances and complements the economic analyses with local case studies and an assessment of the socio-political nature of Comoros’ Diaspora.