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THE UNION OF THE COMOROSECONOMIC UPDATEJUNE 2025AN OCEAN OF OPPORTUNITIESBLUE ECONOMY AS A DRIVER OF SUSTAINABLE GROWTHPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure Authorized© 2025 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent.The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.Rights and Permissions The material in this work is subject to copyright. Because The World Bank encourages the dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given. Any queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank.orgTHE UNION OF THE COMOROSECONOMIC UPDATEJUNE 2025AN OCEAN OF OPPORTUNITIESBLUE ECONOMY AS A DRIVER OF SUSTAINABLE GROWTHCOMOROS ECONOMIC UPDATE JUNE 2025 An Ocean of Opportunities - Blue Economy as a Driver of Sustainable Growth4COMOROS ECONOMIC UPDATE JUNE 2025 An Ocean of Opportunities - Blue Economy as a Driver of Sustainable GrowthAcknowledgmentsThe Comoros Economic Update is a World Bank report series that assesses economic trends, prospects, and policies in the Union of the Comoros. Each edition includes a section on recent economic developments and outlook, followed by a focus section analyzing issues of particular importance. The thematic section in this first and present edition seeks to advocate for the use of a blue economy model as a driver of sustainable and inclusive growth in the Union of the Comoros. The report is intended for a wide audience, including policymakers, business leaders, financial market participants, civil society, academia, and the community of analysts and professionals engaged in Comoros’ evolving economy.The report was prepared by a World Bank team led by Patrick McCartney (Senior Economist) and Jules Porte (Consultant). The team included Adia Amada, Almedina Music, Andry Herizaka Rakotoarisoa, Camilla Gandini, Cecilia Paradi-Guilford, Cedric Ndizeye, Eliane Razafimandimby Ramiandrison, Elsa Nabenge Shichilenge, Francis Muamba Mulangu, Hiska Noemi Reyes, Ian Forde, Jean Nicolas Arlet, Julia Rachel Ravelosoa, Lira Hariravaka Rajenarison, Lore