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Economy of Barbados vs Comoros compared: GDP & Debt

Updated on by Georank team

Barbados has a GDP of $7.5B compared to $1.44B for Comoros, ranking 157/197 and 183/197 by economy size, respectively.

Barbados has $7.97B in government debt (106.3% of GDP), compared to $463M (32.2% of GDP) in Comoros.

Barbados vs Comoros GDP by year

Barbados
Comoros
1x
Year GDP, current $
Barbados Comoros
2024 $7,498,050,000 $1,440,991,455
2023 $7,223,250,000 $1,326,836,543
2022 $6,884,900,000 $1,222,485,532
2021 $5,947,550,000 $1,272,238,391
2020 $5,407,050,000 $1,218,763,671
2019 $6,161,850,000 $1,187,915,409
2018 $6,001,950,000 $1,178,530,633
2017 $5,683,150,000 $1,077,439,757
2016 $5,674,600,000 $1,012,835,493
2015 $5,698,150,000 $966,029,601
2014 $5,620,600,000 $1,149,587,661
2013 $5,667,200,000 $1,116,224,107
2012 $5,761,450,000 $1,015,843,491
2011 $5,663,100,000 $1,023,086,274
2010 $5,672,900,000 $907,978,731
2009 $4,466,809,600 $905,341,173
2008 $4,790,410,400 $915,659,108
2007 $4,675,767,950 $795,673,153
2006 $4,217,323,400 $688,498,642
2005 $3,819,500,000 $655,375,096
2004 $3,444,500,000 $622,679,660
2003 $3,209,500,000 $546,830,041
2002 $3,106,500,000 $427,360,070
2001 $3,054,500,000 $372,746,486
2000 $3,059,500,000 $339,504,306
1999 $2,951,822,205 $371,921,712
1998 $2,817,083,478 $363,932,160
1997 $2,498,384,130 $362,816,806
1996 $2,363,645,403 $392,488,149
1995 $2,216,974,096 $392,774,714
1994 $2,151,344,901 $314,789,556
1993 $2,063,342,117 $427,750,823
1992 $1,957,000,000 $436,552,922
1991 $2,020,583,702 $400,592,663
1990 $2,012,131,457 $401,561,022
1989 $2,006,165,167 $328,665,081
1988 $1,812,757,918 $336,422,522
1987 $1,704,370,308 $313,292,323
1986 $1,547,755,183 $258,143,903
1985 $1,409,536,121 $191,944,892
1984 $1,346,890,071 $189,102,734
1983 $1,236,016,507 $196,193,380
1982 $1,163,923,830 $202,152,462
1981 $1,114,204,743 $212,958,382
1980 $1,012,280,615 $243,390,496
1979 $670,362,452 -
1978 $552,883,707 -
1977 $495,097,668 -
1976 $435,911,269 -
1975 $402,178,605 -
1974 $311,804,630 -
1973 $260,767,828 -
1972 $213,725,217 -
1971 $186,826,503 -
1970 $166,210,203 -
1969 $141,393,142 -
1968 $125,733,669 -
1967 $125,554,009 -
1966 $113,195,123 -
1965 $105,021,997 -
1964 $99,252,731 -
1963 $99,893,761 -
1962 $88,782,583 -
1961 $85,363,759 -
1960 $80,021,847 -

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

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

GDP per capita in Barbados vs Comoros by year

Barbados
GDP per capita

GDP per capita, PPP
Comoros
GDP per capita

GDP per capita, PPP
1x
Year Current $
Barbados Comoros
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $26,545 $24,823 $1,663 $3,959
2023 $25,584 $23,660 $1,560 $3,812
2022 $24,387 $22,193 $1,465 $3,642
2021 $21,080 $17,683 $1,555 $3,378
2020 $19,194 $16,555 $1,519 $3,245
2019 $21,912 $19,971 $1,510 $3,293
2018 $21,381 $19,777 $1,527 $3,276
2017 $20,285 $18,437 $1,424 $3,347
2016 $20,296 $19,176 $1,365 $3,139
2015 $20,424 $19,186 $1,329 $2,949
2014 $20,193 $18,595 $1,616 $2,938
2013 $20,410 $19,032 $1,603 $2,833
2012 $20,804 $19,605 $1,490 $2,679
2011 $20,508 $20,316 $1,531 $2,472
2010 $20,611 $20,033 $1,387 $2,372
2009 $16,295 $20,324 $1,410 $2,304
2008 $17,566 $21,376 $1,455 $2,262
2007 $17,235 $20,949 $1,290 $2,178
2006 $15,620 $20,076 $1,138 $2,146
2005 $14,214 $18,450 $1,106 $2,162
2004 $12,886 $17,299 $1,072 $2,025
2003 $12,076 $16,707 $960 $1,949
2002 $11,760 $16,133 $765 $1,912
2001 $11,640 $15,866 $681 $1,838
2000 $11,675 $15,914 $633 $1,741
1999 $11,244 $14,873 $707 $1,753
1998 $10,734 $14,621 $704 $1,713
1997 $9,522 $13,941 $715 $1,723
1996 $9,012 $13,090 $786 $1,651
1995 $8,460 $12,375 $801 $1,657
1994 $8,223 $11,900 $653 $1,564
1993 $7,905 $11,448 $903 $1,623
1992 $7,519 $11,127 $939 $1,575
1991 $7,790 $11,576 $879 $1,464
1990 $7,781 $11,687 $903 $1,546
1989 $7,773 - $759 -
1988 $7,033 - $798 -
1987 $6,625 - $763 -
1986 $6,031 - $646 -
1985 $5,510 - $494 -
1984 $5,284 - $501 -
1983 $4,866 - $534 -
1982 $4,599 - $566 -
1981 $4,417 - $613 -
1980 $4,025 - $721 -
1979 $2,668 - - -
1978 $2,198 - - -
1977 $1,968 - - -
1976 $1,734 - - -
1975 $1,601 - - -
1974 $1,243 - - -
1973 $1,042 - - -
1972 $856 - - -
1971 $750 - - -
1970 $666 - - -
1969 $567 - - -
1968 $506 - - -
1967 $508 - - -
1966 $462 - - -
1965 $433 - - -
1964 $414 - - -
1963 $421 - - -
1962 $377 - - -
1961 $366 - - -
1960 $347 - - -

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

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

Barbados' GDP per capita is $26,545, ranking 46/197, compared to $1,663 in Comoros, ranking 161/197. Adjusted for purchasing power (GDP per capita PPP), Barbados ranks 84th at $24,823, while Comoros ranks 167th at $3,959.

Economic indicators

Barbados Comoros
Gross domestic product
$7.5B
2024
$1.44B
2024
GDP rank
157/197
2024
183/197
2024
GDP growth
2.48%
2023-2024
3.34%
2023-2024
GDP per capita
$26,545
2024
$1,663
2024
GDP per capita rank
46/197
2024
161/197
2024
GDP per capita, PPP
$24,823
2024
$3,959
2024
GDP per capita PPP rank
84/197
2024
167/197
2024
Government debt
$7.97B
2024
$463M
2024
Debt-to-GDP ratio
106.3%
2024
32.2%
2024
Government debt per person
$28,218
2024
$535
2024
Government debt per person rank
26/185
2024
166/185
2024
Average annual personal income after taxes
$18,869
2026
$2,192
2026
Market capitalization of domestic companies
$2.78B
2020
n/a
Number of billionaires
1
2025
n/a
Income share by richest 10%
25.8%
2016
33.6%
2014
Income share by poorest 10%
2.5%
2016
1.6%
2014
Government expenditure, % of GDP
30.2%
2024
19.1%
2024
Consumer prices inflation
-0.44%
2023-2024
5%
2023-2024
Central bank interest rate
2%
2020
n/a
Unemployment rate
6.54%
2023
4.39%
2021
Population
282798
903776

Spending and national debt comparison by year

Barbados
Spending

Debt
Comoros
Spending

Debt
1x
Year % of GDP
Barbados Comoros
Government spending Government debt Government spending Government debt
2024 30.2% 106.3% 19.1% 32.2%
2023 28.8% 113.4% 17.9% 28.7%
2022 30.3% 116.9% 18.4% 28.2%
2021 32.5% 130.2% 20% 26.3%
2020 30.3% 128.4% 18.8% 24.3%
2019 23.9% 109.5% 20.1% 21.2%
2018 26.9% 115% 19.2% 17%
2017 29.8% 143.6% 18.8% 18.9%
2016 30.7% 136.5% 18.9% 16.2%
2015 31.4% 131.9% 19.1% 14.3%
2014 29% 122% 14.5% 11.8%
2013 30.8% 118.6% 14.8% 10.3%
2012 30.6% 109.4% 14.9% 25.1%
2011 27.7% 98.7% 13.2% 27.7%
2010 29.7% 96% 13.3% 30.5%
2009 29.5% 88.5% 13.7% 31.7%
2008 28.1% 72.6% 15.1% 33.2%
2007 27.8% 69% 13.1% 35.6%
2006 27.2% 69.8% 12.5% 38.5%
2005 28.7% 68.2% 12.8% 39.9%
2004 28.5% 66.5% 11.7% 42.4%
2003 29.8% 66.6% 12.8% 44.4%
2002 31% 66.1% 14.3% 48.2%
2001 22% 62.6% 13% 53%
2000 20.8% 56.6% 9.74% 60.7%
1999 19.7% 50.1% 11.5% 64.5%
1998 19% 50.5% 13.1% 69.4%
1997 21.5% 56.9% 14.5% 70.9%
1996 20.5% 56.1% 15.5% 75.4%
1995 18.6% 55.9% 18.4% 77.7%
1994 17% 55% 21.8% 87.8%
1993 - - 16.3% 95.7%
1992 - - 20.4% 101%
1991 - - 19.9% 103.9%
1990 - - 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 (1984–1989, retrieved 2026-02-20).

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

In 2024, Barbados' government spending was $2.26B, accounting for 30.2% of its GDP, while Comoros spent $276M, or 19.1% of GDP.

Debt-to-GDP ratio is 106.3% in Barbados and 32.2% in Comoros, ranking 18/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Barbados

Comoros
1x
Year Deficit/surplus, % of GDP
Barbados Comoros
2024 -0.89% -2.92%
2023 -1.71% -1.34%
2022 -1.96% -3.93%
2021 -4.65% -2.81%
2020 -4.16% -0.52%
2019 3.08% -4.3%
2018 -0.34% -1.35%
2017 -3.89% -0.1%
2016 -4.88% -5.52%
2015 -8.16% 2.6%
2014 -6.57% -0.33%
2013 -8.98% 10.5%
2012 -7.07% 1.96%
2011 -3.63% 0.86%
2010 -7.55% 4.2%
2009 -6.56% 0.36%
2008 -4.1% -1.46%
2007 -4.34% -1.18%
2006 -3.41% -1.51%
2005 -3.03% -1.41%
2004 -2.97% -0.98%
2003 -3.08% -2.05%
2002 -5.28% -2.15%
2001 4.07% -2.13%
2000 4.94% -1.14%
1999 5.39% -0.46%
1998 6.03% -2%
1997 5.64% -1.3%
1996 3.76% -3.43%
1995 6.22% -4.13%
1994 6.72% -3.7%
1993 - 1.27%
1992 - -1.99%
1991 - -2.26%
1990 - -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/barbados/comoros | CC BY

In 2024, Barbados' government deficit, the difference between spending and revenue, was $66.8M, equivalent to 0.89% of GDP. This compares to Comoros' deficit of $42.1M, or 2.92% of GDP.

Over the past 31 years, Barbados recorded a fiscal deficit in 22 of those years, while Comoros ran a deficit in 25 years. On average, Barbados posted an annual deficit equal to 1.66% of GDP, compared to deficit of 1.02% of GDP for Comoros.

Inflation comparison by year

Inflation
Barbados

Comoros
1x
Year Consumer prices inflation
Barbados Comoros
2024 -0.44% 5%
2023 9.79% 8.5%
2022 - 12.4%
2021 - 0%
2020 - 0.8%
2019 4.1% 3.7%
2018 3.67% 1.7%
2017 4.66% 0.1%
2016 1.28% 0.8%
2015 -1.11% 0.9%
2014 1.77% 0%
2013 1.81% 0.4%
2012 4.53% 5.9%
2011 9.43% 2.2%
2010 5.82% 3.9%
2009 3.64% 4.8%
2008 8.11% 4.8%
2007 4.03% 4.5%
2006 7.31% 3.4%
2005 6.08% 3%
2004 1.39% 4.5%
2003 1.62% 3.7%
2002 0.13% 3.6%
2001 2.58% 5.6%
2000 2.44% 5.9%
1999 1.56% 1.1%
1998 -1.27% 1.2%
1997 7.71% 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/barbados/comoros | CC BY

Over the past 28 years, Barbados has recorded an average annual inflation rate of 3.63%, compared with 3.35% in Comoros. In 2024, inflation was -0.44% in Barbados and 5% in Comoros.

Balance of trade

Barbados Comoros
Current account balance
-$296M
2017
-$24.6M
2023
Current account balance ranking
100/190
2017
80/190
2023
Current account balance, % of GDP
-5.22%
2017
-1.86%
2023
Goods imports
$1.53B
2017
$299M
2023
Goods exports
$705M
2017
$32.1M
2023
Service imports
$687M
2017
$205M
2023
Service exports
$1.52B
2017
$116M
2023
Imports of goods and services, % of GDP n/a
34.5%
2024
Exports of goods and services, % of GDP
14.5%
2025
9.91%
2024

Economic freedom indices

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

Barbados Comoros
Economic freedom 70.4 52.7
Economic freedom ranking 34/197 145/197
Property rights 76.4 25.3
Government integrity 71.3 17.9
Judicial effectiveness 87.3 23.1
Tax burden 83.2 65.3
Government spending 74.5 89.8
Fiscal health 76.5 86
Business freedom 72.3 55.3
Labor freedom 54.3 56.2
Monetary freedom 80.8 73.8
Trade freedom 48.2 64.2
Investment freedom 60 45
Financial freedom 60 30

Economic freedom comparison by year

Barbados
Comoros
1x
Year Economic freedom index
Barbados Comoros
2026 70.4 52.7
2025 68.9 51.4
2024 66.8 52
2023 69.8 53.5
2022 71.3 50.4
2021 65 55.7
2020 61.4 53.7
2019 64.7 55.4
2018 57 56.2
2017 54.5 55.8
2016 68.3 52.4
2015 67.9 52.1
2014 68.3 51.4
2013 69.3 47.5
2012 69 45.7
2011 68.5 43.8
2010 68.3 44.9
2009 71.5 43.3
2008 71.3 -
2007 70 -
2006 71.9 -
2005 70.1 -
2004 69.4 -
2003 71.3 -
2002 73.6 -
2001 71.5 -
2000 69.5 -
1999 66.7 -
1998 67.9 -
1997 64.5 -
1996 62.3 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Barbados is 70.4, ranking 34/197, 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

Barbados Comoros
Services, % of GDP
75.5%
2024
50.1%
2024
Industry, % of GDP
12.4%
2024
9.56%
2024
Agriculture, forestry, and fishing, % of GDP
1.58%
2024
36.6%
2024
GNI, Atlas method
$7.1B
2024
$1.38B
2024
GNI per capita, PPP
$23,850
2024
$3,980
2024
Total reserves including gold
$1.65B
2024
$324M
2024
Total reserves ranking
131/177
2024
166/177
2024
Net foreign direct investment
-$208M
2017
-$5.35M
2023
Net inflows of foreign direct investment
$303M
2024
$7.1M
2024
Net outflows of foreign direct investment
$18.6M
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
1.7%
2024
Poverty at national poverty lines
25.7%
2016
44.8%
2020
Gross capital formation, % of GDP n/a
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/barbados/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 (1996–2026, 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 (1984–1989, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.