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Economy of Bhutan vs Comoros compared: GDP & Debt

Updated on by Georank team

Bhutan has a GDP of $3.01B compared to $1.44B for Comoros, ranking 170/197 and 183/197 by economy size, respectively.

Bhutan has $3.53B in government debt (110.4% of GDP), compared to $463M (32.2% of GDP) in Comoros.

Bhutan vs Comoros GDP by year

Bhutan
Comoros
1x
Year GDP, current $
Bhutan Comoros
2024 - $1,440,991,455
2023 $3,012,896,789 $1,326,836,543
2022 $2,898,227,744 $1,222,485,532
2021 $2,768,802,960 $1,272,238,391
2020 $2,457,604,334 $1,218,763,671
2019 $2,735,683,570 $1,187,915,409
2018 $2,583,335,722 $1,178,530,633
2017 $2,591,358,009 $1,077,439,757
2016 $2,357,504,761 $1,012,835,493
2015 $2,187,815,803 $966,029,601
2014 $2,089,079,571 $1,149,587,661
2013 $1,943,696,952 $1,116,224,107
2012 $1,973,387,228 $1,015,843,491
2011 $1,977,728,659 $1,023,086,274
2010 $1,708,880,730 $907,978,731
2009 $1,331,343,798 $905,341,173
2008 $1,317,517,835 $915,659,108
2007 $1,255,767,964 $795,673,153
2006 $942,879,879 $688,498,642
2005 $860,391,000 $655,375,096
2004 $735,348,490 $622,679,660
2003 $651,935,430 $546,830,041
2002 $559,345,264 $427,360,070
2001 $496,110,226 $372,746,486
2000 $460,733,418 $339,504,306
1999 $399,311,200 $371,921,712
1998 $363,458,381 $363,932,160
1997 $352,229,077 $362,816,806
1996 $303,408,346 $392,488,149
1995 $290,490,984 $392,774,714
1994 $258,954,708 $314,789,556
1993 $225,973,693 $427,750,823
1992 $240,233,531 $436,552,922
1991 $240,294,286 $400,592,663
1990 $287,765,007 $401,561,022
1989 $264,798,626 $328,665,081
1988 $272,298,067 $336,422,522
1987 $242,742,766 $313,292,323
1986 $191,218,115 $258,143,903
1985 $163,288,815 $191,944,892
1984 $160,423,494 $189,102,734
1983 $156,704,290 $196,193,380
1982 $141,439,317 $202,152,462
1981 $139,174,178 $212,958,382
1980 $128,669,201 $243,390,496
1979 $105,377,995 -
1978 $94,086,228 -
1977 $97,884,434 -
1976 $88,461,263 -
1975 $86,820,762 -
1974 $92,901,784 -
1973 $78,900,289 -
1972 $70,139,867 -
1971 $66,289,450 -
1970 $61,812,113 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Bhutan vs Comoros by year

Bhutan
GDP per capita

GDP per capita, PPP
Comoros
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bhutan Comoros
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $1,663 $3,959
2023 $3,831 $16,215 $1,560 $3,812
2022 $3,711 $15,064 $1,465 $3,642
2021 $3,571 $13,459 $1,555 $3,378
2020 $3,192 $12,475 $1,519 $3,245
2019 $3,577 $12,909 $1,510 $3,293
2018 $3,400 $11,970 $1,527 $3,276
2017 $3,435 $11,677 $1,424 $3,347
2016 $3,152 $11,273 $1,365 $3,139
2015 $2,954 $10,214 $1,329 $2,949
2014 $2,849 $9,323 $1,616 $2,938
2013 $2,680 $8,667 $1,603 $2,833
2012 $2,751 $8,577 $1,490 $2,679
2011 $2,788 $7,935 $1,531 $2,472
2010 $2,436 $7,246 $1,387 $2,372
2009 $1,918 $6,466 $1,410 $2,304
2008 $1,920 $6,035 $1,455 $2,262
2007 $1,850 $5,729 $1,290 $2,178
2006 $1,406 $4,860 $1,138 $2,146
2005 $1,300 $4,523 $1,106 $2,162
2004 $1,130 $4,173 $1,072 $2,025
2003 $1,022 $3,942 $960 $1,949
2002 $896 $3,663 $765 $1,912
2001 $812 $3,338 $681 $1,838
2000 $772 $3,113 $633 $1,741
1999 $685 $3,017 $707 $1,753
1998 $638 $2,819 $704 $1,713
1997 $630 $2,683 $715 $1,723
1996 $553 $2,548 $786 $1,651
1995 $530 $2,374 $801 $1,657
1994 $467 $2,146 $653 $1,564
1993 $407 $2,001 $903 $1,623
1992 $416 $1,840 $939 $1,575
1991 $401 $1,657 $879 $1,464
1990 $488 $1,638 $903 $1,546
1989 $462 - $759 -
1988 $489 - $798 -
1987 $449 - $763 -
1986 $365 - $646 -
1985 $321 - $494 -
1984 $326 - $501 -
1983 $328 - $534 -
1982 $306 - $566 -
1981 $311 - $613 -
1980 $296.9 - $721 -
1979 $251.4 - - -
1978 $232.2 - - -
1977 $249.9 - - -
1976 $233.7 - - -
1975 $237.4 - - -
1974 $262.8 - - -
1973 $230.9 - - -
1972 $212.4 - - -
1971 $207.7 - - -
1970 $200.3 - - -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Bhutan's GDP per capita is $3,831, ranking 132/197, compared to $1,663 in Comoros, ranking 161/197. Adjusted for purchasing power (GDP per capita PPP), Bhutan ranks 109th at $16,215, while Comoros ranks 167th at $3,959.

Economic indicators

Bhutan Comoros
Gross domestic product
$3.01B
2023
$1.44B
2024
GDP rank
170/197
2023
183/197
2024
GDP growth
4.63%
2022-2023
3.34%
2023-2024
GDP per capita
$3,831
2023
$1,663
2024
GDP per capita rank
132/197
2023
161/197
2024
GDP per capita, PPP
$16,215
2023
$3,959
2024
GDP per capita PPP rank
109/197
2023
167/197
2024
Government debt
$3.53B
2023
$463M
2024
Debt-to-GDP ratio
110.4%
2024
32.2%
2024
Government debt per person
$4,485
2023
$535
2024
Government debt per person rank
87/185
2023
166/185
2024
Average annual personal income after taxes
$5,506
2026
$2,192
2026
Income share by richest 10%
22.7%
2022
33.6%
2014
Income share by poorest 10%
3.6%
2022
1.6%
2014
Government expenditure, % of GDP
27.1%
2024
19.1%
2024
Consumer prices inflation
4.3%
2023-2024
5%
2023-2024
Unemployment rate
3.28%
2024
4.39%
2021
Population
803385
903776

Spending and national debt comparison by year

Bhutan
Spending

Debt
Comoros
Spending

Debt
1x
Year % of GDP
Bhutan Comoros
Government spending Government debt Government spending Government debt
2024 27.1% 110.4% 19.1% 32.2%
2023 28.8% 117.1% 17.9% 28.7%
2022 32.1% 119.9% 18.4% 28.2%
2021 36.6% 124.5% 20% 26.3%
2020 30.9% 116% 18.8% 24.3%
2019 24.2% 100.8% 20.1% 21.2%
2018 31.7% 103.4% 19.2% 17%
2017 30.6% 104.1% 18.8% 18.9%
2016 30.5% 103% 18.9% 16.2%
2015 27.5% 90.2% 19.1% 14.3%
2014 28.9% 89.8% 14.5% 11.8%
2013 32.5% 87.4% 14.8% 10.3%
2012 35.1% 71.5% 14.9% 25.1%
2011 36.1% 62.3% 13.2% 27.7%
2010 41.5% 55.8% 13.3% 30.5%
2009 39.3% 61% 13.7% 31.7%
2008 36.1% 60.6% 15.1% 33.2%
2007 33.2% 67.3% 13.1% 35.6%
2006 33.4% 80.1% 12.5% 38.5%
2005 36.4% 80.8% 12.8% 39.9%
2004 31% 76% 11.7% 42.4%
2003 34.7% 68.5% 12.8% 44.4%
2002 39.3% 57.7% 14.3% 48.2%
2001 50.3% 52.4% 13% 53%
2000 43% 44% 9.74% 60.7%
1999 40.2% 39.2% 11.5% 64.5%
1998 31.1% 36.4% 13.1% 69.4%
1997 37.8% 33% 14.5% 70.9%
1996 37.9% 36.8% 15.5% 75.4%
1995 38.6% 38.7% 18.4% 77.7%
1994 37.9% 53.2% 21.8% 87.8%
1993 35.2% 60.2% 16.3% 95.7%
1992 34.5% 35.6% 20.4% 101%
1991 30.8% 33.5% 19.9% 103.9%
1990 35.8% 27.4% 20.3% 108.1%
1989 46.8% 26.4% 19.7% 113.7%
1988 45.3% 24.7% 20.2% 119.9%
1987 47.5% 17.3% 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 (1984–1992, retrieved 2026-02-20).

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

In 2024, Bhutan's government spending was $869M, accounting for 27.1% of its GDP, while Comoros spent $276M, or 19.1% of GDP.

Debt-to-GDP ratio is 110.4% in Bhutan and 32.2% in Comoros, ranking 17/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Bhutan

Comoros
1x
Year Deficit/surplus, % of GDP
Bhutan Comoros
2024 -0.17% -2.92%
2023 -4.73% -1.34%
2022 -6.95% -3.93%
2021 -5.76% -2.81%
2020 -1.81% -0.52%
2019 -1.49% -4.3%
2018 -1.52% -1.35%
2017 -4.49% -0.1%
2016 -2.31% -5.52%
2015 -0.49% 2.6%
2014 2.46% -0.33%
2013 -4.55% 10.5%
2012 -2.1% 1.96%
2011 -3.02% 0.86%
2010 1.92% 4.2%
2009 -0.8% 0.36%
2008 -2.57% -1.46%
2007 0.79% -1.18%
2006 -0.07% -1.51%
2005 -6.96% -1.41%
2004 1.8% -0.98%
2003 -10.2% -2.05%
2002 -4.33% -2.15%
2001 -12.2% -2.13%
2000 -3.39% -1.14%
1999 -1.28% -0.46%
1998 1.28% -2%
1997 -1.92% -1.3%
1996 2.55% -3.43%
1995 -0.88% -4.13%
1994 -0.13% -3.7%
1993 4.71% 1.27%
1992 -3.47% -1.99%
1991 -0.48% -2.26%
1990 -7.21% -1.03%
1989 -10.1% -1.31%
1988 1.33% -2.69%
1987 -0.56% -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/bhutan/comoros | CC BY

In 2023, Bhutan's government deficit, the difference between spending and revenue, was $142M, equivalent to 4.73% of GDP. This compares to Comoros' deficit of $17.8M, or 1.34% of GDP.

Over the past 37 years, Bhutan recorded a fiscal deficit in 29 of those years, while Comoros ran a deficit in 30 years. On average, Bhutan posted an annual deficit equal to 2.4% of GDP, compared to deficit of 1.08% of GDP for Comoros.

Inflation comparison by year

Inflation
Bhutan

Comoros
1x
Year Consumer prices inflation
Bhutan Comoros
2024 4.3% 5%
2023 4.5% 8.5%
2022 5.9% 12.4%
2021 8.2% 0%
2020 3% 0.8%
2019 2.8% 3.7%
2018 3.6% 1.7%
2017 4.3% 0.1%
2016 3.3% 0.8%
2015 6.7% 0.9%
2014 9.6% 0%
2013 8.1% 0.4%
2012 10.1% 5.9%
2011 8.6% 2.2%
2010 4.8% 3.9%
2009 7.1% 4.8%
2008 6.3% 4.8%
2007 5.2% 4.5%
2006 4.9% 3.4%
2005 4.8% 3%
2004 3.3% 4.5%
2003 2.5% 3.7%
2002 2.9% 3.6%
2001 3.7% 5.6%
2000 7.2% 5.9%
1999 9.1% 1.1%
1998 7.6% 1.2%
1997 8.6% 1.5%

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

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

Over the past 28 years, Bhutan has recorded an average annual inflation rate of 5.75%, compared with 3.35% in Comoros. In 2024, inflation was 4.3% in Bhutan and 5% in Comoros.

Balance of trade

Bhutan Comoros
Current account balance
-$670M
2024
-$24.6M
2023
Current account balance ranking
114/190
2024
80/190
2023
Current account balance, % of GDP
-32%
2023
-1.86%
2023
Goods imports
$1.29B
2024
$299M
2023
Goods exports
$656M
2024
$32.1M
2023
Service imports
$228M
2024
$205M
2023
Service exports
$288M
2024
$116M
2023
Imports of goods and services, % of GDP
53.3%
2023
34.5%
2024
Exports of goods and services, % of GDP
28.4%
2023
9.91%
2024

Economic freedom indices

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

Bhutan Comoros
Economic freedom 57.5 52.7
Economic freedom ranking 115/197 145/197
Property rights 69.2 25.3
Government integrity 72.2 17.9
Judicial effectiveness 61.8 23.1
Tax burden 83.4 65.3
Government spending 74.1 89.8
Fiscal health 25.8 86
Business freedom 67.8 55.3
Labor freedom 60.1 56.2
Monetary freedom 71.6 73.8
Trade freedom 63.4 64.2
Investment freedom 20 45
Financial freedom 20 30

Economic freedom comparison by year

Bhutan
Comoros
1x
Year Economic freedom index
Bhutan Comoros
2026 57.5 52.7
2025 57.5 51.4
2024 55.4 52
2023 59 53.5
2022 59.3 50.4
2021 58.3 55.7
2020 62.1 53.7
2019 62.9 55.4
2018 61.8 56.2
2017 58.4 55.8
2016 59.5 52.4
2015 57.4 52.1
2014 56.7 51.4
2013 55 47.5
2012 56.6 45.7
2011 57.6 43.8
2010 57 44.9
2009 57.7 43.3

Data sources: The Heritage Foundation | Economic Freedom Index (2009–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Bhutan is 57.5, ranking 115/197, 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

Bhutan Comoros
Services, % of GDP
52.8%
2023
50.1%
2024
Industry, % of GDP
29.4%
2023
9.56%
2024
Agriculture, forestry, and fishing, % of GDP
15%
2023
36.6%
2024
GNI, Atlas method
$2.93B
2023
$1.38B
2024
GNI per capita, PPP
$15,320
2023
$3,980
2024
Total reserves including gold
$941M
2024
$324M
2024
Total reserves ranking
143/177
2024
166/177
2024
Net foreign direct investment
-$22.8M
2024
-$5.35M
2023
Net inflows of foreign direct investment
$2.82M
2024
$7.1M
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.96%
2023
1.7%
2024
Poverty at national poverty lines
12.4%
2022
44.8%
2020
Gross capital formation, % of GDP
45.3%
2023
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/bhutan/comoros | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (2009–2026, 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 (1984–1992, 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.