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Economy of Algeria vs Comoros compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $269B compared to $1.44B for Comoros, ranking 51/197 and 183/197 by economy size, respectively.

Algeria has $129B in government debt (48.1% of GDP), compared to $463M (32.2% of GDP) in Comoros.

Algeria vs Comoros GDP by year

Algeria
Comoros
1x
Year GDP, current $
Algeria Comoros
2024 $269,322,281,665 $1,440,991,455
2023 $247,923,887,215 $1,326,836,543
2022 $225,581,644,703 $1,222,485,532
2021 $186,231,205,262 $1,272,238,391
2020 $164,873,415,325 $1,218,763,671
2019 $193,459,662,091 $1,187,915,409
2018 $194,554,483,656 $1,178,530,633
2017 $189,880,896,903 $1,077,439,757
2016 $180,763,839,522 $1,012,835,493
2015 $187,493,855,609 $966,029,601
2014 $238,942,664,193 $1,149,587,661
2013 $229,701,430,292 $1,116,224,107
2012 $227,143,746,076 $1,015,843,491
2011 $218,331,946,925 $1,023,086,274
2010 $177,785,053,940 $907,978,731
2009 $150,317,292,079 $905,341,173
2008 $180,383,848,331 $915,659,108
2007 $142,482,739,810 $795,673,153
2006 $123,084,258,693 $688,498,642
2005 $107,046,618,670 $655,375,096
2004 $91,913,680,985 $622,679,660
2003 $73,482,264,191 $546,830,041
2002 $61,516,103,406 $427,360,070
2001 $59,413,400,924 $372,746,486
2000 $54,790,398,570 $339,504,306
1999 $48,640,671,735 $371,921,712
1998 $48,187,781,984 $363,932,160
1997 $48,177,612,042 $362,816,806
1996 $46,941,554,225 $392,488,149
1995 $41,764,291,672 $392,774,714
1994 $42,543,176,829 $314,789,556
1993 $49,945,584,453 $427,750,823
1992 $48,003,133,347 $436,552,922
1991 $45,715,676,428 $400,592,663
1990 $62,048,507,531 $401,561,022
1989 $55,634,721,573 $328,665,081
1988 $59,089,396,860 $336,422,522
1987 $66,745,818,375 $313,292,323
1986 $63,692,007,897 $258,143,903
1985 $57,937,868,670 $191,944,892
1984 $53,698,548,293 $189,102,734
1983 $48,801,369,800 $196,193,380
1982 $45,207,167,470 $202,152,462
1981 $44,348,590,461 $212,958,382
1980 $42,345,829,079 $243,390,496
1979 $33,243,706,860 -
1978 $26,364,491,313 -
1977 $20,972,113,685 -
1976 $17,728,240,932 -
1975 $15,557,902,754 -
1974 $13,209,871,626 -
1973 $8,707,858,912 -
1972 $6,766,743,957 -
1971 $5,077,183,094 -
1970 $4,863,526,897 -
1969 $4,257,253,264 -
1968 $3,852,147,027 -
1967 $3,370,870,376 -
1966 $3,039,859,187 -
1965 $3,136,284,307 -
1964 $2,909,316,435 -
1963 $2,702,982,018 -
1962 $2,001,444,544 -
1961 $2,434,747,056 -
1960 $2,723,615,451 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/algeria/comoros | CC BY

GDP per capita in Algeria vs Comoros by year

Algeria
GDP per capita

GDP per capita, PPP
Comoros
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Comoros
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,753 $17,621 $1,663 $3,959
2023 $5,370 $16,824 $1,560 $3,812
2022 $4,960 $15,836 $1,465 $3,642
2021 $4,161 $14,497 $1,555 $3,378
2020 $3,744 $12,677 $1,519 $3,245
2019 $4,468 $13,893 $1,510 $3,293
2018 $4,577 $13,727 $1,527 $3,276
2017 $4,555 $13,494 $1,424 $3,347
2016 $4,425 $13,438 $1,365 $3,139
2015 $4,685 $13,807 $1,329 $2,949
2014 $6,095 $14,694 $1,616 $2,938
2013 $5,980 $14,371 $1,603 $2,833
2012 $6,034 $14,441 $1,490 $2,679
2011 $5,916 $14,640 $1,531 $2,472
2010 $4,913 $14,201 $1,387 $2,372
2009 $4,235 $13,651 $1,410 $2,304
2008 $5,181 $13,666 $1,455 $2,262
2007 $4,167 $13,321 $1,290 $2,178
2006 $3,661 $12,791 $1,138 $2,146
2005 $3,233 $12,246 $1,106 $2,162
2004 $2,817 $11,432 $1,072 $2,025
2003 $2,284 $10,803 $960 $1,949
2002 $1,937 $10,080 $765 $1,912
2001 $1,896 $9,544 $681 $1,838
2000 $1,773 $9,187 $633 $1,741
1999 $1,596 $8,776 $707 $1,753
1998 $1,603 $8,503 $704 $1,713
1997 $1,629 $8,129 $715 $1,723
1996 $1,617 $8,053 $786 $1,651
1995 $1,467 $7,747 $801 $1,657
1994 $1,526 $7,463 $653 $1,564
1993 $1,831 $7,538 $903 $1,623
1992 $1,803 $7,705 $939 $1,575
1991 $1,759 $7,582 $879 $1,464
1990 $2,445 $7,602 $903 $1,546
1989 $2,247 - $759 -
1988 $2,451 - $798 -
1987 $2,847 - $763 -
1986 $2,800 - $646 -
1985 $2,633 - $494 -
1984 $2,524 - $501 -
1983 $2,374 - $534 -
1982 $2,275 - $566 -
1981 $2,307 - $613 -
1980 $2,276 - $721 -
1979 $1,843 - - -
1978 $1,506 - - -
1977 $1,232 - - -
1976 $1,080 - - -
1975 $992 - - -
1974 $873 - - -
1973 $590 - - -
1972 $469 - - -
1971 $360 - - -
1970 $353 - - -
1969 $316 - - -
1968 $292.4 - - -
1967 $261.8 - - -
1966 $241.4 - - -
1965 $253.6 - - -
1964 $238.9 - - -
1963 $225.6 - - -
1962 $169.6 - - -
1961 $209.4 - - -
1960 $238.4 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/algeria/comoros | CC BY

Algeria's GDP per capita is $5,753, ranking 114/197, compared to $1,663 in Comoros, ranking 161/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Comoros ranks 167th at $3,959.

Economic indicators

Algeria Comoros
Gross domestic product
$269B
2024
$1.44B
2024
GDP rank
51/197
2024
183/197
2024
GDP growth
3.7%
2023-2024
3.34%
2023-2024
GDP per capita
$5,753
2024
$1,663
2024
GDP per capita rank
114/197
2024
161/197
2024
GDP per capita, PPP
$17,621
2024
$3,959
2024
GDP per capita PPP rank
105/197
2024
167/197
2024
Government debt
$129B
2024
$463M
2024
Debt-to-GDP ratio
48.1%
2024
32.2%
2024
Government debt per person
$2,765
2024
$535
2024
Government debt per person rank
106/185
2024
166/185
2024
Average annual personal income after taxes
$3,787
2026
$2,192
2026
Market capitalization of domestic companies
$371M
2018
n/a
Number of billionaires
1
2025
n/a
Income share by richest 10%
22.9%
2011
33.6%
2014
Income share by poorest 10%
4%
2011
1.6%
2014
Government expenditure, % of GDP
36.8%
2024
19.1%
2024
Consumer prices inflation
4.05%
2023-2024
5%
2023-2024
Central bank interest rate
3%
2020
n/a
Unemployment rate
12%
2017
4.39%
2021
Population
48222325
903776

Spending and national debt comparison by year

Algeria
Spending

Debt
Comoros
Spending

Debt
1x
Year % of GDP
Algeria Comoros
Government spending Government debt Government spending Government debt
2024 36.8% 48.1% 19.1% 32.2%
2023 37.4% 47.7% 17.9% 28.7%
2022 32.7% 48.1% 18.4% 28.2%
2021 32.5% 55.1% 20% 26.3%
2020 37.5% 46% 18.8% 24.3%
2019 37.1% 40.9% 20.1% 21.2%
2018 36.2% 34.5% 19.2% 17%
2017 36.2% 24% 18.8% 18.9%
2016 37.2% 18.1% 18.9% 16.2%
2015 40.9% 7.73% 19.1% 14.3%
2014 36.9% 6.85% 14.5% 11.8%
2013 33.5% 6.48% 14.8% 10.3%
2012 40% 8.58% 14.9% 25.1%
2011 37.7% 8.48% 13.2% 27.7%
2010 35.1% 9.51% 13.3% 30.5%
2009 40.1% 8.92% 13.7% 31.7%
2008 37.3% 7.64% 15.1% 33.2%
2007 33.1% 12.8% 13.1% 35.6%
2006 27.8% 22.5% 12.5% 38.5%
2005 27.8% 25.4% 12.8% 39.9%
2004 27.1% 32.7% 11.7% 42.4%
2003 27% 38.2% 12.8% 44.4%
2002 32.5% 47.3% 14.3% 48.2%
2001 29.1% 50% 13% 53%
2000 26.4% 53.4% 9.74% 60.7%
1999 29.4% 69.7% 11.5% 64.5%
1998 28.7% 79.9% 13.1% 69.4%
1997 28.5% 79.6% 14.5% 70.9%
1996 26.9% 90.7% 15.5% 75.4%
1995 28.9% 95.9% 18.4% 77.7%
1994 30.9% 106.3% 21.8% 87.8%
1993 32.6% 76.8% 16.3% 95.7%
1992 28.2% 69.3% 20.4% 101%
1991 27.6% 86.1% 19.9% 103.9%
1990 23.3% 63.6% 20.3% 108.1%
1989 - - 19.7% 113.7%
1988 - - 20.2% 119.9%
1987 - - 22.4% 128.8%
1986 - - 25.6% 136.6%
1985 - - 24.8% 142.8%
1984 - - 23.3% 150.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1990, retrieved 2026-02-20).

GeoRank.org/economy/algeria/comoros | CC BY

In 2024, Algeria's government spending was $99.1B, accounting for 36.8% of its GDP, while Comoros spent $276M, or 19.1% of GDP.

Debt-to-GDP ratio is 48.1% in Algeria and 32.2% in Comoros, ranking 113/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Comoros
1x
Year Deficit/surplus, % of GDP
Algeria Comoros
2024 -13.8% -2.92%
2023 -5.52% -1.34%
2022 -2.96% -3.93%
2021 -6.32% -2.81%
2020 -10.5% -0.52%
2019 -8.51% -4.3%
2018 -6.15% -1.35%
2017 -7.55% -0.1%
2016 -11.8% -5.52%
2015 -13.9% 2.6%
2014 -7.14% -0.33%
2013 -0.79% 10.5%
2012 -4.04% 1.96%
2011 -1.06% 0.86%
2010 -1.35% 4.2%
2009 -6.53% 0.36%
2008 7.79% -1.46%
2007 4.63% -1.18%
2006 12.9% -1.51%
2005 11.4% -1.41%
2004 6.36% -0.98%
2003 7.22% -2.05%
2002 0.21% -2.15%
2001 3.15% -2.13%
2000 8.91% -1.14%
1999 -1.83% -0.46%
1998 -3.52% -2%
1997 2.19% -1.3%
1996 2.7% -3.43%
1995 -1.3% -4.13%
1994 -4.05% -3.7%
1993 -7.79% 1.27%
1992 -1.05% -1.99%
1991 1.53% -2.26%
1990 3.35% -1.03%
1989 - -1.31%
1988 - -2.69%
1987 - -3.11%
1986 - -4.83%
1985 - -5.02%
1984 - -5.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-02-20).

GeoRank.org/economy/algeria/comoros | CC BY

In 2024, Algeria's government deficit, the difference between spending and revenue, was $37.1B, equivalent to 13.8% of GDP. This compares to Comoros' deficit of $42.1M, or 2.92% of GDP.

Over the past 35 years, Algeria recorded a fiscal deficit in 22 of those years, while Comoros ran a deficit in 28 years. On average, Algeria posted an annual deficit equal to 1.58% of GDP, compared to deficit of 1.02% of GDP for Comoros.

Inflation comparison by year

Inflation
Algeria

Comoros
1x
Year Consumer prices inflation
Algeria Comoros
2024 4.05% 5%
2023 9.32% 8.5%
2022 9.27% 12.4%
2021 7.23% 0%
2020 2.42% 0.8%
2019 1.95% 3.7%
2018 4.27% 1.7%
2017 5.59% 0.1%
2016 6.4% 0.8%
2015 4.78% 0.9%
2014 2.92% 0%
2013 3.25% 0.4%
2012 8.89% 5.9%
2011 4.52% 2.2%
2010 3.91% 3.9%
2009 5.74% 4.8%
2008 4.86% 4.8%
2007 3.68% 4.5%
2006 2.31% 3.4%
2005 1.38% 3%
2004 3.96% 4.5%
2003 4.27% 3.7%
2002 1.42% 3.6%
2001 4.23% 5.6%
2000 0.34% 5.9%
1999 2.65% 1.1%
1998 4.95% 1.2%
1997 5.73% 1.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/algeria/comoros | CC BY

Over the past 28 years, Algeria has recorded an average annual inflation rate of 4.44%, compared with 3.35% in Comoros. In 2024, inflation was 4.05% in Algeria and 5% in Comoros.

Top exports between countries

Algeria
Export category Export value
Textiles & consumer goods $1K
Comoros
Export category Export value
Raw agricultural goods $60K

Balance of trade

Algeria Comoros
Current account balance
-$2.75B
2024
-$24.6M
2023
Current account balance ranking
154/190
2024
80/190
2023
Current account balance, % of GDP
-1.02%
2024
-1.86%
2023
Goods imports
$45.3B
2024
$299M
2023
Goods exports
$48.8B
2024
$32.1M
2023
Service imports
$9.13B
2024
$205M
2023
Service exports
$4.22B
2024
$116M
2023
Imports of goods and services, % of GDP
20.3%
2024
34.5%
2024
Exports of goods and services, % of GDP
19.9%
2024
9.91%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Algeria Comoros
Economic freedom 45.8 52.7
Economic freedom ranking 179/197 145/197
Property rights 27.7 25.3
Government integrity 29.4 17.9
Judicial effectiveness 30 23.1
Tax burden 80.3 65.3
Government spending 61.9 89.8
Fiscal health 15.4 86
Business freedom 59.3 55.3
Labor freedom 52.2 56.2
Monetary freedom 74.7 73.8
Trade freedom 58.8 64.2
Investment freedom 30 45
Financial freedom 30 30

Economic freedom comparison by year

Algeria
Comoros
1x
Year Economic freedom index
Algeria Comoros
2026 45.8 52.7
2025 47.5 51.4
2024 43.9 52
2023 43.2 53.5
2022 45.8 50.4
2021 49.7 55.7
2020 46.9 53.7
2019 46.2 55.4
2018 44.7 56.2
2017 46.5 55.8
2016 50.1 52.4
2015 48.9 52.1
2014 50.8 51.4
2013 49.6 47.5
2012 51 45.7
2011 52.4 43.8
2010 56.9 44.9
2009 56.6 43.3
2008 56.2 -
2007 55.4 -
2006 55.7 -
2005 53.2 -
2004 58.1 -
2003 57.7 -
2002 61 -
2001 57.3 -
2000 56.8 -
1999 57.2 -
1998 55.8 -
1997 54.9 -
1996 54.5 -
1995 55.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/algeria/comoros | CC BY

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 52.7 for Comoros, ranking 145/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Comoros
Services, % of GDP
46.8%
2024
50.1%
2024
Industry, % of GDP
36.2%
2024
9.56%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2024
36.6%
2024
GNI, Atlas method
$252B
2024
$1.38B
2024
GNI per capita, PPP
$17,290
2024
$3,980
2024
Total reserves including gold
$83B
2024
$324M
2024
Total reserves ranking
31/177
2024
166/177
2024
Net foreign direct investment
-$1.23B
2024
-$5.35M
2023
Net inflows of foreign direct investment
$1.23B
2024
$7.1M
2024
Net outflows of foreign direct investment
$265K
2024
$0
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
1.7%
2024
Poverty at national poverty lines
5.5%
2011
44.8%
2020
Gross capital formation, % of GDP
41.1%
2024
11.7%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/algeria/comoros | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1984–1990, retrieved 2026-02-20)
  6. TradeMap (2017–2023, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.