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Economy of Comoros vs Dominica compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.44B compared to $689M for Dominica, ranking 183/197 and 190/197 by economy size, respectively.

Comoros has $463M in government debt (32.2% of GDP), compared to $713M (103.5% of GDP) in Dominica.

Comoros vs Dominica GDP by year

Comoros
Dominica
1x
Year GDP, current $
Comoros Dominica
2024 $1,440,991,455 $688,881,481
2023 $1,326,836,543 $659,311,111
2022 $1,222,485,532 $623,062,963
2021 $1,272,238,391 $562,911,111
2020 $1,218,763,671 $528,944,444
2019 $1,187,915,409 $644,259,259
2018 $1,178,530,633 $628,244,444
2017 $1,077,439,757 $563,355,556
2016 $1,012,835,493 $612,711,111
2015 $966,029,601 $583,177,778
2014 $1,149,587,661 $572,255,556
2013 $1,116,224,107 $545,325,926
2012 $1,015,843,491 $520,355,556
2011 $1,023,086,274 $532,081,481
2010 $907,978,731 $519,859,259
2009 $905,341,173 $515,618,519
2008 $915,659,108 $480,003,704
2007 $795,673,153 $444,685,185
2006 $688,498,642 $416,674,074
2005 $655,375,096 $391,455,556
2004 $622,679,660 $396,711,111
2003 $546,830,041 $373,318,519
2002 $427,360,070 $375,200,000
2001 $372,746,486 $377,462,963
2000 $339,504,306 $333,470,370
1999 $371,921,712 $331,759,259
1998 $363,932,160 $322,411,111
1997 $362,816,806 $302,988,889
1996 $392,488,149 $292,285,185
1995 $392,774,714 $274,522,222
1994 $314,789,556 $264,374,074
1993 $427,750,823 $245,525,926
1992 $436,552,922 $234,059,259
1991 $400,592,663 $219,762,963
1990 $401,561,022 $201,429,630
1989 $328,665,081 $185,137,243
1988 $336,422,522 $171,106,184
1987 $313,292,323 $151,868,754
1986 $258,143,903 $135,161,959
1985 $191,944,892 $119,491,933
1984 $189,102,734 $109,157,071
1983 $196,193,380 $98,665,191
1982 $202,152,462 $89,527,577
1981 $212,958,382 $82,107,391
1980 $243,390,496 $72,804,653
1979 - $55,017,759
1978 - $57,130,216
1977 - $45,872,947

Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).

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

GDP per capita in Comoros vs Dominica by year

Comoros
GDP per capita

GDP per capita, PPP
Dominica
GDP per capita

GDP per capita, PPP
1x
Year Current $
Comoros Dominica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,663 $3,959 $10,405 $21,301
2023 $1,560 $3,812 $9,913 $20,286
2022 $1,465 $3,642 $9,324 $18,802
2021 $1,555 $3,378 $8,376 $15,809
2020 $1,519 $3,245 $7,828 $14,244
2019 $1,510 $3,293 $9,491 $16,021
2018 $1,527 $3,276 $9,215 $15,070
2017 $1,424 $3,347 $8,225 $12,696
2016 $1,365 $3,139 $8,803 $12,945
2015 $1,329 $2,949 $8,283 $12,093
2014 $1,616 $2,938 $8,132 $12,083
2013 $1,603 $2,833 $7,822 $11,286
2012 $1,490 $2,679 $7,529 $10,921
2011 $1,531 $2,472 $7,705 $11,123
2010 $1,387 $2,372 $7,550 $10,924
2009 $1,410 $2,304 $7,487 $10,804
2008 $1,455 $2,262 $6,971 $10,862
2007 $1,290 $2,178 $6,459 $9,949
2006 $1,138 $2,146 $6,056 $9,200
2005 $1,106 $2,162 $5,695 $8,557
2004 $1,072 $2,025 $5,779 $8,232
2003 $960 $1,949 $5,447 $7,714
2002 $765 $1,912 $5,488 $7,167
2001 $681 $1,838 $5,528 $7,291
2000 $633 $1,741 $4,867 $7,111
1999 $707 $1,753 $4,817 $6,759
1998 $704 $1,713 $4,664 $6,617
1997 $715 $1,723 $4,372 $6,290
1996 $786 $1,651 $4,211 $6,041
1995 $801 $1,657 $3,952 $5,749
1994 $653 $1,564 $3,805 $5,465
1993 $903 $1,623 $3,536 $5,352
1992 $939 $1,575 $3,376 $5,125
1991 $879 $1,464 $3,171 $4,914
1990 $903 $1,546 $2,893 $4,667
1989 $759 - $2,639 -
1988 $798 - $2,423 -
1987 $763 - $2,138 -
1986 $646 - $1,893 -
1985 $494 - $1,666 -
1984 $501 - $1,515 -
1983 $534 - $1,363 -
1982 $566 - $1,232 -
1981 $613 - $1,125 -
1980 $721 - $996 -
1979 - - $754 -
1978 - - $786 -
1977 - - $634 -

Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).

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

Comoros' GDP per capita is $1,663, ranking 161/197, compared to $10,405 in Dominica, ranking 84/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 167th at $3,959, while Dominica ranks 91st at $21,301.

Economic indicators

Comoros Dominica
Gross domestic product
$1.44B
2024
$689M
2024
GDP rank
183/197
2024
190/197
2024
GDP growth
3.34%
2023-2024
2.05%
2023-2024
GDP per capita
$1,663
2024
$10,405
2024
GDP per capita rank
161/197
2024
84/197
2024
GDP per capita, PPP
$3,959
2024
$21,301
2024
GDP per capita PPP rank
167/197
2024
91/197
2024
Government debt
$463M
2024
$713M
2024
Debt-to-GDP ratio
32.2%
2024
103.5%
2024
Government debt per person
$535
2024
$10,765
2024
Government debt per person rank
166/185
2024
55/185
2024
Average annual personal income after taxes
$2,192
2026
$6,045
2026
Income share by richest 10%
33.6%
2014
n/a
Income share by poorest 10%
1.6%
2014
n/a
Government expenditure, % of GDP
19.1%
2024
60.9%
2024
Consumer prices inflation
5%
2023-2024
2.57%
2023-2024
Unemployment rate
4.39%
2021
11%
2001
Population
903776
65539

Spending and national debt comparison by year

Comoros
Spending

Debt
Dominica
Spending

Debt
1x
Year % of GDP
Comoros Dominica
Government spending Government debt Government spending Government debt
2024 19.1% 32.2% 60.9% 103.5%
2023 17.9% 28.7% 66.8% 103.2%
2022 18.4% 28.2% 72.7% 108.3%
2021 20% 26.3% 70.1% 113.6%
2020 18.8% 24.3% 70.1% 118.2%
2019 20.1% 21.2% 44% 89.1%
2018 19.2% 17% 66.7% 90%
2017 18.8% 18.9% 55.7% 86.7%
2016 18.9% 16.2% 45.8% 72.9%
2015 19.1% 14.3% 33.5% 71.1%
2014 14.5% 11.8% 33.3% 73.5%
2013 14.8% 10.3% 34.2% 75.6%
2012 14.9% 25.1% 36.6% 74%
2011 13.2% 27.7% 34.7% 68.6%
2010 13.3% 30.5% 39.7% 67.3%
2009 13.7% 31.7% 36.1% 62.8%
2008 15.1% 33.2% 35.9% 66.5%
2007 13.1% 35.6% 35.6% 74.9%
2006 12.5% 38.5% 30.9% 80.4%
2005 12.8% 39.9% 32.1% 84.9%
2004 11.7% 42.4% 30.1% 85.8%
2003 12.8% 44.4% 31.2% 98.2%
2002 14.3% 48.2% 29% 99.4%
2001 13% 53% 29.3% 97.5%
2000 9.74% 60.7% 38.9% 69.6%
1999 11.5% 64.5% 35.3% 62%
1998 13.1% 69.4% 33.5% 57.1%
1997 14.5% 70.9% 29.1% 49.3%
1996 15.5% 75.4% 29% 54.7%
1995 18.4% 77.7% 29.7% 59.3%
1994 21.8% 87.8% 27.7% 57%
1993 16.3% 95.7% 26.1% 55.4%
1992 20.4% 101% 28% 55.3%
1991 19.9% 103.9% 29.9% 58.7%
1990 20.3% 108.1% 32.9% 56.6%
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/comoros/dominica | CC BY

In 2024, Comoros' government spending was $276M, accounting for 19.1% of its GDP, while Dominica spent $420M, or 60.9% of GDP.

Debt-to-GDP ratio is 32.2% in Comoros and 103.5% in Dominica, ranking 153/185 and 20/185, respectively.

Government deficit by year

Deficit/surplus
Comoros

Dominica
1x
Year Deficit/surplus, % of GDP
Comoros Dominica
2024 -2.92% -2.28%
2023 -1.34% -4.66%
2022 -3.93% -7.49%
2021 -2.81% -8.61%
2020 -0.52% -7.91%
2019 -4.3% -7.95%
2018 -1.35% -18.1%
2017 -0.1% -3.37%
2016 -5.52% 11%
2015 2.6% 11.8%
2014 -0.33% -5.65%
2013 10.5% -2.95%
2012 1.96% -5.48%
2011 0.86% -4.34%
2010 4.2% -3.41%
2009 0.36% -0.31%
2008 -1.46% 0.72%
2007 -1.18% 1.88%
2006 -1.51% 3.04%
2005 -1.41% 0.98%
2004 -0.98% -0.67%
2003 -2.05% 0.88%
2002 -2.15% -4.13%
2001 -2.13% -6.48%
2000 -1.14% -8.75%
1999 -0.46% -9.2%
1998 -2% -6.08%
1997 -1.3% -2.31%
1996 -3.43% -1.62%
1995 -4.13% -2.97%
1994 -3.7% -3.42%
1993 1.27% -1.46%
1992 -1.99% -2.28%
1991 -2.26% -3.08%
1990 -1.03% -4.87%
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/comoros/dominica | CC BY

In 2024, Comoros' government deficit, the difference between spending and revenue, was $42.1M, equivalent to 2.92% of GDP. This compares to Dominica's deficit of $15.7M, or 2.28% of GDP.

Over the past 35 years, Comoros recorded a fiscal deficit in 28 of those years, while Dominica ran a deficit in 28 years. On average, Comoros posted an annual deficit equal to 1.02% of GDP, compared to deficit of 3.13% of GDP for Dominica.

Inflation comparison by year

Inflation
Comoros

Dominica
1x
Year Consumer prices inflation
Comoros Dominica
2024 5% 2.57%
2023 8.5% 5.09%
2022 12.4% 2.88%
2021 0% 2.23%
2020 0.8% 1.22%
2019 3.7% 1.5%
2018 1.7% 0.99%
2017 0.1% 0.3%
2016 0.8% 0.14%
2015 0.9% -0.84%
2014 0% 0.8%
2013 0.4% -0.05%
2012 5.9% 1.36%
2011 2.2% 1.13%
2010 3.9% 3%
2009 4.8% 0.006%
2008 4.8% 6.36%
2007 4.5% 3.63%
2006 3.4% 2.2%
2005 3% 1.68%
2004 4.5% 2.39%
2003 3.7% 1.45%
2002 3.6% 0.17%
2001 5.6% 1.3%
2000 5.9% 0.86%
1999 1.1% 1.18%
1998 1.2% 1%
1997 1.5% 2.44%

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/comoros/dominica | CC BY

Over the past 28 years, Comoros has recorded an average annual inflation rate of 3.35%, compared with 1.68% in Dominica. In 2024, inflation was 5% in Comoros and 2.57% in Dominica.

Balance of trade

Comoros Dominica
Current account balance
-$24.6M
2023
-$160M
2024
Current account balance ranking
80/190
2023
94/190
2024
Current account balance, % of GDP
-1.86%
2023
-23.2%
2024
Goods imports
$299M
2023
$231M
2024
Goods exports
$32.1M
2023
$22M
2024
Service imports
$205M
2023
$157M
2024
Service exports
$116M
2023
$191M
2024
Imports of goods and services, % of GDP
34.5%
2024
n/a
Exports of goods and services, % of GDP
9.91%
2024
8.5%
2025

Economic freedom indices

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

Comoros Dominica
Economic freedom 52.7 56.1
Economic freedom ranking 145/197 124/197
Property rights 25.3 65.8
Government integrity 17.9 61.2
Judicial effectiveness 23.1 77.3
Tax burden 65.3 76.1
Government spending 89.8 0
Fiscal health 86 45.6
Business freedom 55.3 66.2
Labor freedom 56.2 49.8
Monetary freedom 73.8 77.7
Trade freedom 64.2 53.2
Investment freedom 45 60
Financial freedom 30 40

Economic freedom comparison by year

Comoros
Dominica
1x
Year Economic freedom index
Comoros Dominica
2026 52.7 56.1
2025 51.4 55.3
2024 52 54
2023 53.5 59.7
2022 50.4 54.4
2021 55.7 53
2020 53.7 60.8
2019 55.4 63.6
2018 56.2 64.5
2017 55.8 63.7
2016 52.4 67
2015 52.1 66.1
2014 51.4 65.2
2013 47.5 63.9
2012 45.7 61.6
2011 43.8 63.3
2010 44.9 63.2
2009 43.3 62.6

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

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

The Economic Freedom Index for Comoros is 52.7, ranking 145/197, compared to 56.1 for Dominica, ranking 124/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Comoros Dominica
Services, % of GDP
50.1%
2024
56.9%
2024
Industry, % of GDP
9.56%
2024
13.9%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
12.2%
2024
GNI, Atlas method
$1.38B
2024
$677M
2024
GNI per capita, PPP
$3,980
2024
$21,410
2024
Total reserves including gold
$324M
2024
$156M
2024
Total reserves ranking
166/177
2024
172/177
2024
Net foreign direct investment
-$5.35M
2023
-$36.4M
2024
Net inflows of foreign direct investment
$7.1M
2024
$60M
2024
Net outflows of foreign direct investment
$0
2024
-$401K
2024
Servicing debt to the IMF, % of GNI
1.7%
2024
9.52%
2024
Poverty at national poverty lines
44.8%
2020
29%
2020
Gross capital formation, % of GDP
11.7%
2024
n/a

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/comoros/dominica | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1977–2024, 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 (1984–1989, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.