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TOOL · GROSS COST

How much would a basic income cost in Comoros?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 532,330child population 318,057year 2023World Bank WDI

GROSS ANNUAL COST

6,637 million

in KMFKMF 6,637,041,600

Equal to 1.0% of reference GDP

Population covered: 850,387 people

Adults: 532,330 × KMF 800 × 12 = KMF 5,110,368,000

Children: 318,057 × KMF 400 × 12 = KMF 1,526,673,600

KMF 5,110,368,000 + KMF 1,526,673,600 = KMF 6,637,041,600

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $1,465,977,684 · World Bank WDI

Currency KMF · exchange rate 454.9912 KMF/USD (2023)

Converted cost $14,587,186 for the GDP share.