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Economy of Belize vs Comoros compared: GDP & Debt

Updated on by Georank team

Belize has a GDP of $3.2B compared to $1.44B for Comoros, ranking 168/197 and 183/197 by economy size, respectively.

Belize has $2.1B in government debt (65.4% of GDP), compared to $463M (32.2% of GDP) in Comoros.

Belize vs Comoros GDP by year

Belize
Comoros
1x
Year GDP, current $
Belize Comoros
2024 $3,203,631,800 $1,440,991,455
2023 $3,052,362,650 $1,326,836,543
2022 $2,846,604,350 $1,222,485,532
2021 $2,428,606,250 $1,272,238,391
2020 $2,047,284,600 $1,218,763,671
2019 $2,381,187,850 $1,187,915,409
2018 $2,285,915,050 $1,178,530,633
2017 $2,266,028,250 $1,077,439,757
2016 $2,239,604,950 $1,012,835,493
2015 $2,193,095,150 $966,029,601
2014 $2,138,242,200 $1,149,587,661
2013 $2,035,191,450 $1,116,224,107
2012 $1,917,083,500 $1,015,843,491
2011 $1,831,576,700 $1,023,086,274
2010 $1,748,988,400 $907,978,731
2009 $1,688,012,750 $905,341,173
2008 $1,738,453,600 $915,659,108
2007 $1,706,190,450 $795,673,153
2006 $1,590,463,100 $688,498,642
2005 $1,474,298,400 $655,375,096
2004 $1,400,202,000 $622,679,660
2003 $1,308,280,250 $546,830,041
2002 $1,243,912,050 $427,360,070
2001 $1,172,045,150 $372,746,486
2000 $1,138,138,100 $339,504,306
1999 $999,713,050 $371,921,712
1998 $929,047,000 $363,932,160
1997 $872,916,050 $362,816,806
1996 $850,339,100 $392,488,149
1995 $818,590,250 $392,774,714
1994 $771,838,000 $314,789,556
1993 $752,255,150 $427,750,823
1992 $695,741,150 $436,552,922
1991 $596,682,100 $400,592,663
1990 $546,750,912 $401,561,022
1989 $491,100,000 $328,665,081
1988 $421,450,000 $336,422,522
1987 $371,100,000 $313,292,323
1986 $311,500,000 $258,143,903
1985 $287,300,000 $191,944,892
1984 $290,350,000 $189,102,734
1983 $262,150,000 $196,193,380
1982 $248,550,000 $202,152,462
1981 $260,750,000 $212,958,382
1980 $257,400,000 $243,390,496
1979 $151,800,000 -
1978 $136,300,000 -
1977 $117,650,000 -
1976 $97,094,227 -
1975 $118,194,026 -
1974 $103,160,450 -
1973 $78,214,768 -
1972 $65,998,069 -
1971 $59,074,687 -
1970 $53,339,893 -
1969 $47,399,905 -
1968 $44,999,910 -
1967 $47,431,256 -
1966 $44,450,044 -
1965 $40,110,040 -
1964 $36,194,586 -
1963 $33,750,114 -
1962 $31,857,592 -
1961 $29,965,000 -
1960 $28,072,478 -

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

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

GDP per capita in Belize vs Comoros by year

Belize
GDP per capita

GDP per capita, PPP
Comoros
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belize Comoros
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,681 $14,347 $1,663 $3,959
2023 $7,425 $13,730 $1,560 $3,812
2022 $7,068 $13,461 $1,465 $3,642
2021 $6,143 $11,716 $1,555 $3,378
2020 $5,239 $9,639 $1,519 $3,245
2019 $6,172 $10,500 $1,510 $3,293
2018 $6,012 $9,497 $1,527 $3,276
2017 $6,072 $9,121 $1,424 $3,347
2016 $6,141 $9,399 $1,365 $3,139
2015 $6,155 $9,538 $1,329 $2,949
2014 $6,128 $9,490 $1,616 $2,938
2013 $5,957 $9,526 $1,603 $2,833
2012 $5,733 $9,303 $1,490 $2,679
2011 $5,596 $9,722 $1,531 $2,472
2010 $5,461 $9,748 $1,387 $2,372
2009 $5,400 $9,728 $1,410 $2,304
2008 $5,712 $9,975 $1,455 $2,262
2007 $5,762 $10,226 $1,290 $2,178
2006 $5,525 $9,910 $1,138 $2,146
2005 $5,270 $9,466 $1,106 $2,162
2004 $5,154 $9,245 $1,072 $2,025
2003 $4,960 $8,850 $960 $1,949
2002 $4,859 $8,154 $765 $1,912
2001 $4,719 $7,852 $681 $1,838
2000 $4,727 $7,544 $633 $1,741
1999 $4,290 $6,790 $707 $1,753
1998 $4,126 $6,333 $704 $1,713
1997 $4,014 $6,243 $715 $1,723
1996 $4,043 $6,087 $786 $1,651
1995 $4,010 $6,091 $801 $1,657
1994 $3,877 $6,073 $653 $1,564
1993 $3,860 $6,075 $903 $1,623
1992 $3,643 $5,706 $939 $1,575
1991 $3,190 $5,053 $879 $1,464
1990 $2,986 $4,467 $903 $1,546
1989 $2,742 - $759 -
1988 $2,406 - $798 -
1987 $2,166 - $763 -
1986 $1,859 - $646 -
1985 $1,754 - $494 -
1984 $1,814 - $501 -
1983 $1,677 - $534 -
1982 $1,629 - $566 -
1981 $1,753 - $613 -
1980 $1,774 - $721 -
1979 $1,071 - - -
1978 $983 - - -
1977 $866 - - -
1976 $729 - - -
1975 $906 - - -
1974 $805 - - -
1973 $619 - - -
1972 $529 - - -
1971 $481 - - -
1970 $442 - - -
1969 $402 - - -
1968 $392 - - -
1967 $426 - - -
1966 $412 - - -
1965 $383 - - -
1964 $356 - - -
1963 $342 - - -
1962 $332 - - -
1961 $320 - - -
1960 $307 - - -

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

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

Belize's GDP per capita is $7,681, ranking 98/197, compared to $1,663 in Comoros, ranking 161/197. Adjusted for purchasing power (GDP per capita PPP), Belize ranks 117th at $14,347, while Comoros ranks 167th at $3,959.

Economic indicators

Belize Comoros
Gross domestic product
$3.2B
2024
$1.44B
2024
GDP rank
168/197
2024
183/197
2024
GDP growth
3.5%
2023-2024
3.34%
2023-2024
GDP per capita
$7,681
2024
$1,663
2024
GDP per capita rank
98/197
2024
161/197
2024
GDP per capita, PPP
$14,347
2024
$3,959
2024
GDP per capita PPP rank
117/197
2024
167/197
2024
Government debt
$2.1B
2024
$463M
2024
Debt-to-GDP ratio
65.4%
2024
32.2%
2024
Government debt per person
$5,026
2024
$535
2024
Government debt per person rank
78/185
2024
166/185
2024
Average annual personal income after taxes
$9,204
2026
$2,192
2026
Number of billionaires
1
2025
n/a
Income share by richest 10%
30%
2018
33.6%
2014
Income share by poorest 10%
2.2%
2018
1.6%
2014
Government expenditure, % of GDP
26.3%
2024
19.1%
2024
Consumer prices inflation
3.3%
2023-2024
5%
2023-2024
Unemployment rate
29.3%
2020
4.39%
2021
Population
430409
903776

Spending and national debt comparison by year

Belize
Spending

Debt
Comoros
Spending

Debt
1x
Year % of GDP
Belize Comoros
Government spending Government debt Government spending Government debt
2024 26.3% 65.4% 19.1% 32.2%
2023 25.8% 67.5% 17.9% 28.7%
2022 23.4% 66.8% 18.4% 28.2%
2021 25.7% 82.2% 20% 26.3%
2020 33.2% 103% 18.8% 24.3%
2019 27.5% 78.6% 20.1% 21.2%
2018 26.9% 79% 19.2% 17%
2017 27.7% 78.1% 18.8% 18.9%
2016 27.7% 70.5% 18.9% 16.2%
2015 27.9% 65.1% 19.1% 14.3%
2014 24.8% 61.5% 14.5% 11.8%
2013 23.8% 62.8% 14.8% 10.3%
2012 22.1% 63.1% 14.9% 25.1%
2011 23.5% 66.2% 13.2% 27.7%
2010 23.3% 68.4% 13.3% 30.5%
2009 23.2% 69.7% 13.7% 31.7%
2008 21.8% 64.7% 15.1% 33.2%
2007 22.1% 66.4% 13.1% 35.6%
2006 21.2% 71.4% 12.5% 38.5%
2005 21.4% 72.7% 12.8% 39.9%
2004 21.7% 70.7% 11.7% 42.4%
2003 24.6% 67.2% 12.8% 44.4%
2002 24.4% 53.2% 14.3% 48.2%
2001 25.9% 49.5% 13% 53%
2000 23.2% 79% 9.74% 60.7%
1999 23.6% 41.5% 11.5% 64.5%
1998 20.9% 38.7% 13.1% 69.4%
1997 19.9% 39.4% 14.5% 70.9%
1996 19.9% 38.4% 15.5% 75.4%
1995 - - 18.4% 77.7%
1994 - - 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 (1984–2000, retrieved 2026-02-20).

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

In 2024, Belize's government spending was $842M, accounting for 26.3% of its GDP, while Comoros spent $276M, or 19.1% of GDP.

Debt-to-GDP ratio is 65.4% in Belize and 32.2% in Comoros, ranking 67/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Belize

Comoros
1x
Year Deficit/surplus, % of GDP
Belize Comoros
2024 -1.23% -2.92%
2023 -2.42% -1.34%
2022 -1.04% -3.93%
2021 -3.29% -2.81%
2020 -8.57% -0.52%
2019 -2.9% -4.3%
2018 -1.37% -1.35%
2017 -3.48% -0.1%
2016 -4.47% -5.52%
2015 -5.14% 2.6%
2014 -1.72% -0.33%
2013 -1.21% 10.5%
2012 -0.22% 1.96%
2011 -1.06% 0.86%
2010 -1.9% 4.2%
2009 -2.46% 0.36%
2008 1.25% -1.46%
2007 -0.19% -1.18%
2006 -2.27% -1.51%
2005 -3.7% -1.41%
2004 -4.52% -0.98%
2003 -8.41% -2.05%
2002 -5.41% -2.15%
2001 -7.23% -2.13%
2000 -6.68% -1.14%
1999 -6.51% -0.46%
1998 -2.69% -2%
1997 -1.81% -1.3%
1996 -1.76% -3.43%
1995 - -4.13%
1994 - -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/belize/comoros | CC BY

In 2024, Belize's government deficit, the difference between spending and revenue, was $39.4M, equivalent to 1.23% of GDP. This compares to Comoros' deficit of $42.1M, or 2.92% of GDP.

Over the past 29 years, Belize recorded a fiscal deficit in 28 of those years, while Comoros ran a deficit in 23 years. On average, Belize posted an annual deficit equal to 3.19% of GDP, compared to deficit of 0.82% of GDP for Comoros.

Inflation comparison by year

Inflation
Belize

Comoros
1x
Year Consumer prices inflation
Belize Comoros
2024 3.3% 5%
2023 4.4% 8.5%
2022 6.3% 12.4%
2021 3.2% 0%
2020 0.1% 0.8%
2019 0.2% 3.7%
2018 0.3% 1.7%
2017 1.1% 0.1%
2016 0.7% 0.8%
2015 -0.9% 0.9%
2014 1.2% 0%
2013 0.5% 0.4%
2012 1.2% 5.9%
2011 1.7% 2.2%
2010 0.9% 3.9%
2009 -1.1% 4.8%
2008 6.4% 4.8%
2007 2.3% 4.5%
2006 4.2% 3.4%
2005 3.7% 3%
2004 3.1% 4.5%
2003 2.6% 3.7%
2002 2.2% 3.6%
2001 1.1% 5.6%
2000 0.6% 5.9%
1999 -1.2% 1.1%
1998 -0.8% 1.2%
1997 1% 1.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Belize has recorded an average annual inflation rate of 1.73%, compared with 3.35% in Comoros. In 2024, inflation was 3.3% in Belize and 5% in Comoros.

Balance of trade

Belize Comoros
Current account balance
-$51.7M
2024
-$24.6M
2023
Current account balance ranking
84/190
2024
80/190
2023
Current account balance, % of GDP
-1.61%
2024
-1.86%
2023
Goods imports
$1.36B
2024
$299M
2023
Goods exports
$482M
2024
$32.1M
2023
Service imports
$362M
2024
$205M
2023
Service exports
$1.16B
2024
$116M
2023
Imports of goods and services, % of GDP
53.7%
2024
34.5%
2024
Exports of goods and services, % of GDP
55.2%
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.

Belize Comoros
Economic freedom 64.7 52.7
Economic freedom ranking 71/197 145/197
Property rights 46.3 25.3
Government integrity 46.2 17.9
Judicial effectiveness 73.9 23.1
Tax burden 81.8 65.3
Government spending 81 89.8
Fiscal health 87.5 86
Business freedom 67.2 55.3
Labor freedom 57.6 56.2
Monetary freedom 72.6 73.8
Trade freedom 57.8 64.2
Investment freedom 55 45
Financial freedom 50 30

Economic freedom comparison by year

Belize
Comoros
1x
Year Economic freedom index
Belize Comoros
2026 64.7 52.7
2025 64.2 51.4
2024 61.2 52
2023 59.8 53.5
2022 56.6 50.4
2021 57.5 55.7
2020 57.4 53.7
2019 55.4 55.4
2018 57.1 56.2
2017 58.6 55.8
2016 57.4 52.4
2015 56.8 52.1
2014 56.7 51.4
2013 57.3 47.5
2012 61.9 45.7
2011 63.8 43.8
2010 61.5 44.9
2009 63 43.3
2008 63 -
2007 63.3 -
2006 64.7 -
2005 64.5 -
2004 62.8 -
2003 63.5 -
2002 65.6 -
2001 65.9 -
2000 63.3 -
1999 60.7 -
1998 59.1 -
1997 64.3 -
1996 61.6 -
1995 62.9 -

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

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

The Economic Freedom Index for Belize is 64.7, ranking 71/197, 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

Belize Comoros
Services, % of GDP
62.4%
2024
50.1%
2024
Industry, % of GDP
14.6%
2024
9.56%
2024
Agriculture, forestry, and fishing, % of GDP
7.95%
2024
36.6%
2024
GNI, Atlas method
$2.98B
2024
$1.38B
2024
GNI per capita, PPP
$13,760
2024
$3,980
2024
Total reserves including gold
$498M
2024
$324M
2024
Total reserves ranking
156/177
2024
166/177
2024
Net foreign direct investment
-$126M
2024
-$5.35M
2023
Net inflows of foreign direct investment
$128M
2024
$7.1M
2024
Net outflows of foreign direct investment
$2.61M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.15%
2024
1.7%
2024
Poverty at national poverty lines
52%
2018
44.8%
2020
Gross capital formation, % of GDP
19.8%
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/belize/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 (1984–2000, 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.