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Economy of China vs Comoros compared: GDP & Debt

Updated on by Georank team

China has a GDP of $18.7T compared to $1.44B for Comoros, ranking 2/197 and 183/197 by economy size, respectively.

China has $16.6T in government debt (102.3% of GDP), compared to $444M (34.9% of GDP) in Comoros.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

China
GDP, current $

GDP, constant 2015 $
Comoros
GDP, current $

GDP, constant 2015 $
Year GDP
China Comoros
Current $ Constant $ Current $ Constant $
1960 $59,846,235,025 $161,023,131,028 - -
1961 $50,162,299,350 $117,112,123,191 - -
1962 $47,310,737,754 $110,577,266,728 - -
1963 $50,812,227,919 $121,966,725,197 - -
1964 $59,821,862,703 $144,140,275,830 - -
1965 $70,565,994,356 $168,572,052,589 - -
1966 $76,854,053,259 $186,524,976,187 - -
1967 $73,011,350,596 $175,762,485,054 - -
1968 $70,980,323,819 $168,556,223,190 - -
1969 $79,847,786,729 $197,109,647,392 - -
1970 $92,752,930,873 $235,151,809,332 - -
1971 $99,959,013,880 $251,753,527,067 - -
1972 $113,871,930,714 $261,345,336,449 - -
1973 $138,764,340,892 $281,625,734,560 - -
1974 $144,418,433,058 $288,131,289,037 - -
1975 $163,687,619,736 $313,256,337,433 - -
1976 $154,196,810,059 $308,338,212,930 - -
1977 $175,226,595,860 $331,679,415,654 - -
1978 $149,788,617,886 $369,245,353,261 - -
1979 $178,573,913,043 $397,275,966,893 - -
1980 $191,487,500,000 $428,399,142,253 $243,390,496 $395,630,757
1981 $196,218,253,968 $450,302,166,910 $212,958,382 $417,240,048
1982 $205,480,916,031 $491,096,319,837 $202,152,462 $434,171,255
1983 $231,130,268,199 $543,778,042,482 $196,193,380 $447,600,447
1984 $260,442,857,143 $626,609,364,484 $189,102,734 $466,249,920
1985 $310,064,625,850 $710,797,305,027 $191,944,892 $479,207,636
1986 $301,310,144,928 $774,307,505,788 $258,143,903 $489,132,194
1987 $273,455,156,951 $864,345,705,903 $313,292,323 $499,295,109
1988 $312,888,888,889 $961,347,723,725 $336,422,522 $524,113,053
1989 $348,380,566,802 $1,001,785,223,304 $328,665,081 $519,306,622
1990 $361,560,229,446 $1,041,271,896,196 $401,561,022 $557,417,554
1991 $384,510,452,962 $1,138,752,669,459 $400,592,663 $523,041,756
1992 $428,502,354,788 $1,301,589,870,245 $436,552,922 $561,527,248
1993 $446,557,291,212 $1,482,889,338,699 $427,750,823 $575,831,289
1994 $566,929,539,493 $1,676,743,149,158 $314,789,556 $552,875,674
1995 $738,190,896,228 $1,861,735,071,148 $392,774,714 $584,042,819
1996 $868,523,936,530 $2,047,465,483,837 $392,488,149 $581,062,047
1997 $967,753,570,435 $2,237,626,840,760 $362,816,806 $606,689,356
1998 $1,037,134,141,760 $2,414,864,610,328 $363,932,160 $606,841,276
1999 $1,103,843,203,576 $2,601,702,759,079 $371,921,712 $623,211,951
2000 $1,223,754,919,971 $2,825,096,197,800 $339,504,306 $616,936,089
2001 $1,355,036,590,252 $3,059,936,242,479 $372,746,486 $650,371,556
2002 $1,489,821,682,051 $3,342,778,183,071 $427,360,070 $680,273,576
2003 $1,683,903,309,844 $3,681,006,926,651 $546,830,041 $693,432,979
2004 $1,984,196,551,300 $4,053,944,733,454 $622,679,660 $714,932,259
2005 $2,317,551,298,052 $4,518,455,387,849 $655,375,096 $755,434,619
2006 $2,791,498,472,804 $5,091,154,930,758 $688,498,642 $742,180,920
2007 $3,604,055,822,572 $5,811,552,614,974 $795,673,153 $748,145,085
2008 $4,667,346,414,522 $6,373,544,042,638 $915,659,108 $777,806,128
2009 $5,189,577,094,998 $6,972,829,250,985 $905,341,173 $803,011,729
2010 $6,192,564,874,453 $7,711,689,202,853 $907,978,731 $833,348,554
2011 $7,671,757,207,851 $8,441,318,020,902 $1,023,086,274 $867,878,892
2012 $8,673,664,713,189 $9,104,482,675,356 $1,015,843,491 $895,376,387
2013 $9,743,124,247,267 $9,812,695,262,901 $1,116,224,107 $935,365,362
2014 $10,674,533,168,257 $10,544,908,798,424 $1,149,587,661 $955,070,416
2015 $11,280,814,787,469 $11,280,814,787,469 $966,029,601 $966,029,601
2016 $11,456,024,084,962 $12,045,152,668,727 $1,012,835,493 $998,105,647
2017 $12,537,559,062,283 $12,875,216,222,853 $1,077,439,757 $1,036,190,385
2018 $14,147,765,772,964 $13,745,158,275,137 $1,178,530,633 $1,073,934,613
2019 $14,560,167,101,283 $14,579,283,528,148 $1,187,915,409 $1,092,843,397
2020 $14,996,414,166,715 $14,920,466,234,565 $1,218,763,671 $1,090,706,042
2021 $18,201,698,719,564 $16,199,162,892,909 $1,272,238,391 $1,112,522,258
2022 $18,316,765,021,690 $16,706,875,253,649 $1,222,485,532 $1,141,481,328
2023 $18,270,356,654,533 $17,611,526,369,127 $1,326,836,543 $1,175,671,155
2024 $18,743,803,170,827 $18,488,114,837,769 $1,440,991,455 $1,214,916,247

Economic indicators

China Comoros
Gross domestic product
$18.7T
2024
$1.44B
2024
GDP rank
2/197
2024
183/197
2024
GDP growth
2.59%
2023-2024
8.6%
2023-2024
GDP per capita
$13,303
2024
$1,663
2024
GDP per capita rank
76/197
2024
161/197
2024
GDP per capita, PPP
$27,105
2024
$3,959
2024
Government debt
$16.6T
2024
$444M
2024
Debt-to-GDP ratio
102.3%
2026
34.9%
2026
Government debt per person
$11,750
2024
$513
2024
Government debt per person rank
47/185
2024
167/185
2024
Average annual personal income after taxes
$9,060
2026
$1,909
2026
Market capitalization of domestic companies
$11.8T
2024
n/a
Number of millionaires
6,013,282
2024
n/a
Number of billionaires
450
2025
n/a
Income share by richest 10%
28.4%
2022
33.6%
2014
Income share by poorest 10%
3.1%
2022
1.6%
2014
Government expenditure, % of GDP
33.8%
2026
18.8%
2026
Consumer prices inflation
0.7%
2025-2026
1.9%
2025-2026
Central bank interest rate
3.1%
2024
n/a
Unemployment rate
5.11%
2021
4.39%
2021
Population
1402614510
899184

GDP per capita in China vs Comoros

China's GDP per capita is $13,303, ranking 76/197, compared to $1,663 in Comoros, ranking 161/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Comoros ranks 167th at $3,959.

China
GDP per capita

GDP per capita, PPP
Comoros
GDP per capita

GDP per capita, PPP
Year Current $
China Comoros
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $89.7 - - -
1961 $76 - - -
1962 $71.1 - - -
1963 $74.5 - - -
1964 $85.7 - - -
1965 $98.7 - - -
1966 $104.5 - - -
1967 $96.8 - - -
1968 $91.6 - - -
1969 $100.3 - - -
1970 $113.3 - - -
1971 $118.8 - - -
1972 $132.1 - - -
1973 $157.3 - - -
1974 $160.4 - - -
1975 $178.6 - - -
1976 $165.7 - - -
1977 $185.7 - - -
1978 $156.7 - - -
1979 $184.3 - - -
1980 $195.1 - $721 -
1981 $197.4 - $613 -
1982 $203.7 - $566 -
1983 $225.9 - $534 -
1984 $251.2 - $501 -
1985 $295 - $494 -
1986 $282.4 - $646 -
1987 $252.3 - $763 -
1988 $284 - $798 -
1989 $311 - $759 -
1990 $319 $991 $903 $1,546
1991 $334 $1,105 $879 $1,464
1992 $368 $1,276 $939 $1,575
1993 $379 $1,471 $903 $1,623
1994 $476 $1,680 $653 $1,564
1995 $613 $1,884 $801 $1,657
1996 $713 $2,088 $786 $1,651
1997 $787 $2,297 $715 $1,723
1998 $835 $2,483 $704 $1,713
1999 $881 $2,690 $707 $1,753
2000 $969 $2,964 $633 $1,741
2001 $1,065 $3,258 $681 $1,838
2002 $1,164 $3,591 $765 $1,912
2003 $1,307 $4,007 $960 $1,949
2004 $1,531 $4,505 $1,072 $2,025
2005 $1,778 $5,148 $1,106 $2,162
2006 $2,129 $5,946 $1,138 $2,146
2007 $2,735 $6,935 $1,290 $2,178
2008 $3,523 $7,713 $1,455 $2,262
2009 $3,898 $8,448 $1,410 $2,304
2010 $4,629 $9,411 $1,387 $2,372
2011 $5,704 $10,457 $1,531 $2,472
2012 $6,405 $11,420 $1,490 $2,679
2013 $7,147 $12,228 $1,603 $2,833
2014 $7,781 $12,942 $1,616 $2,938
2015 $8,175 $13,463 $1,329 $2,949
2016 $8,255 $14,157 $1,365 $3,139
2017 $8,980 $15,022 $1,424 $3,347
2018 $10,086 $16,298 $1,527 $3,276
2019 $10,343 $17,601 $1,510 $3,293
2020 $10,627 $18,267 $1,519 $3,245
2021 $12,887 $20,843 $1,555 $3,378
2022 $12,971 $23,032 $1,465 $3,642
2023 $12,951 $25,179 $1,560 $3,812
2024 $13,303 $27,105 $1,663 $3,959

Spending and national debt comparison

In 2024, China's government spending was $6.18T, accounting for 33.8% of its GDP, while Comoros' spent $287M, or 18.8% of GDP.

Debt-to-GDP ratio is 102.3% in China and 34.9% in Comoros, ranking 22/185 and 147/185, respectively.

China
Government spending

Government debt
Comoros
Government spending

Government debt
Year % of GDP
China Comoros
Government spending Government debt Government spending Government debt
1982 27.9% - - -
1983 28.3% - - -
1984 26.9% 0.97% 23.3% 150.3%
1985 25.8% 3.31% 24.8% 142.9%
1986 25.6% 3.24% 25.6% 136.8%
1987 23.4% 3.6% 22.4% 128.9%
1988 20.9% 4.46% 20.2% 120%
1989 18.6% - 19.7% 113.8%
1990 18.2% - 20.3% 108.1%
1991 16.5% - 19.9% 103.9%
1992 14.6% - 20.4% 101%
1993 13.4% - 16.3% 95.7%
1994 12.4% - 21.8% 87.8%
1995 11.1% 21.4% 18.4% 77.7%
1996 11% 21.2% 15.5% 75.4%
1997 11.5% 20.4% 14.5% 70.9%
1998 12.6% 20.4% 13.1% 69.4%
1999 14.9% 21.6% 11.5% 64.5%
2000 16.1% 22.7% 9.74% 60.7%
2001 17.2% 24.3% 13% 53%
2002 18.2% 25.6% 14.3% 48.2%
2003 18% 26.4% 12.8% 44.4%
2004 17.6% 26% 11.7% 42.4%
2005 18% 25.9% 12.8% 39.9%
2006 18.1% 25.2% 12.5% 38.5%
2007 17.9% 28.7% 13.1% 35.6%
2008 22.2% 26.7% 15.1% 33.2%
2009 25.2% 34% 13.7% 31.7%
2010 24.7% 33.3% 13.3% 30.5%
2011 26.6% 33.2% 13.2% 27.7%
2012 27.7% 33.8% 14.9% 25.1%
2013 28.1% 36.4% 14.8% 10.3%
2014 28.4% 39.3% 14.5% 11.8%
2015 31% 40.8% 19.1% 14.3%
2016 31.7% 49.7% 18.9% 16.2%
2017 32% 53.9% 18.8% 18.9%
2018 32.6% 55.6% 19.2% 17%
2019 33.6% 59.4% 20.1% 21.2%
2020 34.8% 69% 18.8% 24.3%
2021 31.9% 70.1% 20% 26.3%
2022 32.6% 75.5% 18.4% 28.2%
2023 32.7% 82% 17.9% 28.7%
2024 32.9% 88.3% 19.9% 30.8%
2025 33.7% 96.3% 21.6% 32.5%
2026 33.8% 102.3% 18.8% 34.9%

Government deficit by year

In 2024, China's government deficit, the difference between spending and revenue, was -$1.38T, equivalent to -7.34% of GDP. This compares to Comoros' deficit of -$50.5M, or -3.5% of GDP.

Over the past 41 years, China recorded a fiscal deficit in 40 of those years, while Comoros ran a deficit in 34 years. On average, China posted an annual deficit equal to -2.32% of GDP, compared to deficit of -1.44% of GDP for Comoros.

Deficit/surplus
China

Comoros
Year Deficit/surplus, % of GDP
China Comoros
1982 -1.33% -
1983 -1.61% -
1984 -1.44% -5.7%
1985 -0.45% -5.02%
1986 -1.82% -4.83%
1987 -2.08% -3.11%
1988 -2.22% -2.69%
1989 -0.91% -1.31%
1990 -0.72% -1.03%
1991 -1.04% -2.26%
1992 -1.22% -1.99%
1993 -0.89% 1.27%
1994 -1.68% -3.7%
1995 -0.94% -4.13%
1996 -0.73% -3.43%
1997 -0.73% -1.3%
1998 -1.08% -2%
1999 -2.3% -0.46%
2000 -2.81% -1.14%
2001 -2.56% -2.13%
2002 -2.84% -2.15%
2003 -2.36% -2.05%
2004 -1.49% -0.98%
2005 -1.38% -1.41%
2006 -1.13% -1.51%
2007 0.06% -1.18%
2008 -0.02% -1.46%
2009 -1.72% 0.36%
2010 -0.36% 4.2%
2011 -0.1% 0.86%
2012 -0.3% 1.96%
2013 -0.82% 10.5%
2014 -0.67% -0.33%
2015 -2.5% 2.6%
2016 -3.33% -5.52%
2017 -3.34% -0.1%
2018 -4.2% -1.35%
2019 -6% -4.3%
2020 -9.56% -0.52%
2021 -5.9% -2.81%
2022 -7.32% -4.17%
2023 -6.71% -1.34%
2024 -7.34% -3.5%
2025 -8.57% -2.4%
2026 -8.49% -2.89%

Inflation comparison by year

Over the past 30 years, China has recorded an average annual inflation rate of 1.72%, compared with 3.3% in Comoros. In 2026, inflation was 0.7% in China and 1.9% in Comoros.

Inflation
China

Comoros
Year Inflation
China Comoros
1997 2.8% 1.5%
1998 -0.8% 1.2%
1999 -1.4% 1.1%
2000 0.4% 5.9%
2001 0.7% 5.6%
2002 -0.8% 3.6%
2003 1.1% 3.7%
2004 3.9% 4.5%
2005 1.8% 3%
2006 1.5% 3.4%
2007 4.7% 4.5%
2008 5.9% 4.8%
2009 -0.7% 4.8%
2010 3.3% 3.9%
2011 5.4% 2.2%
2012 2.6% 5.9%
2013 2.7% 0.4%
2014 2% 0%
2015 1.5% 0.9%
2016 2% 0.8%
2017 1.6% 0.1%
2018 2.1% 1.7%
2019 2.9% 3.7%
2020 2.5% 0.8%
2021 0.9% 0%
2022 2% 12.4%
2023 0.2% 8.5%
2024 0.2% 5%
2025 0% 3.3%
2026 0.7% 1.9%

Top exports between countries

China
Export category Export value
Machinery & equipment $30.4M
Textiles & consumer goods $27.6M
Metals $14.7M
Chemicals & pharma $11M
Miscellaneous $4.72M
Raw materials & minerals $3.08M
Wood & paper products $2.52M
Processed food, beverages & tobacco $1.82M
Animal & marine products $374K
Precious metals & jewellery $366K
Comoros
Export category Export value
Machinery & equipment $13K
Animal & marine products $4K
Metals $4K
Textiles & consumer goods $4K

Balance of trade

China Comoros
Current account balance
$424B
2024
-$24.6M
2023
Current account balance ranking
1/190
2024
80/190
2023
Current account balance, % of GDP
+2.26%
2024
-1.86%
2023
Goods imports
$2.64T
2024
$299M
2023
Goods exports
$3.41T
2024
$32.1M
2023
Service imports
$613B
2024
$205M
2023
Service exports
$384B
2024
$116M
2023
Imports of goods and services, % of GDP
17.2%
2024
34.5%
2024
Exports of goods and services, % of GDP
20%
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.

China Comoros
Economic freedom 49 51.4
Economic freedom ranking 167/197 153/197
Property rights 46.7 22.9
Government integrity 40.4 16
Judicial effectiveness 37.4 20.9
Tax burden 71.6 65.3
Government spending 67.1 89.5
Fiscal health 11.1 86.1
Business freedom 67.7 49.9
Labor freedom 57.9 55.1
Monetary freedom 74.6 71.3
Trade freedom 74 64.2
Investment freedom 20 45
Financial freedom 20 30

Economic freedom by year comparison

The Economic Freedom Index for China is 49, ranking 167/197, compared to 51.4 for Comoros, ranking 153/197. The chart below displays a comparison of annual changes in economic freedom indexes.

China
Comoros
Year Economic freedom index
China Comoros
1995 52 -
1996 51.3 -
1997 51.7 -
1998 53.1 -
1999 54.8 -
2000 56.4 -
2001 52.6 -
2002 52.8 -
2003 52.6 -
2004 52.5 -
2005 53.7 -
2006 53.6 -
2007 52 -
2008 53.1 -
2009 53.2 43.3
2010 51 44.9
2011 52 43.8
2012 51.2 45.7
2013 51.9 47.5
2014 52.5 51.4
2015 52.7 52.1
2016 52 52.4
2017 57.4 55.8
2018 57.8 56.2
2019 58.4 55.4
2020 59.5 53.7
2021 58.4 55.7
2022 48 50.4
2023 48.3 53.5
2024 48.5 52
2025 49 51.4

More economic indicators

China Comoros
Services, % of GDP
56.7%
2024
50.1%
2024
Industry, % of GDP
36.5%
2024
9.56%
2024
Agriculture, forestry, and fishing, % of GDP
6.78%
2024
36.6%
2024
GNI, Atlas method
$19.3T
2024
$1.38B
2024
GNI per capita, PPP
$26,920
2024
$3,980
2024
Total reserves including gold
$3.46T
2024
$324M
2024
Total reserves ranking
1/177
2024
166/177
2024
Net foreign direct investment
$154B
2024
-$5.35M
2023
Net inflows of foreign direct investment
$18.6B
2024
$7.1M
2024
Net outflows of foreign direct investment
$172B
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.89%
2024
1.7%
2024
Poverty at national poverty lines
0%
2020
44.8%
2020
Gross capital formation, % of GDP
40.6%
2024
11.7%
2024

GDP per capita map

GDP per capita

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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.