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Economy of Comoros vs Guinea compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.44B compared to $25B for Guinea, ranking 183/197 and 118/197 by economy size, respectively.

Comoros has $463M in government debt (32.2% of GDP), compared to $12.2B (48.8% of GDP) in Guinea.

Comoros vs Guinea GDP by year

Comoros
Guinea
1x
Year GDP, current $
Comoros Guinea
2024 $1,440,991,455 $25,008,678,293
2023 $1,326,836,543 $22,407,615,556
2022 $1,222,485,532 $19,910,452,542
2021 $1,272,238,391 $17,069,115,738
2020 $1,218,763,671 $14,088,693,743
2019 $1,187,915,409 $13,442,861,496
2018 $1,178,530,633 $11,857,030,367
2017 $1,077,439,757 $10,324,668,271
2016 $1,012,835,493 $8,595,955,222
2015 $966,029,601 $8,794,201,743
2014 $1,149,587,661 $8,778,473,373
2013 $1,116,224,107 $8,376,613,539
2012 $1,015,843,491 $7,638,044,557
2011 $1,023,086,274 $6,785,137,203
2010 $907,978,731 $6,853,467,146
2009 $905,341,173 $6,716,905,340
2008 $915,659,108 $6,964,179,983
2007 $795,673,153 $6,281,918,226
2006 $688,498,642 $4,220,019,845
2005 $655,375,096 $4,282,468,637
2004 $622,679,660 $5,300,767,961
2003 $546,830,041 $5,025,167,975
2002 $427,360,070 $4,301,608,753
2001 $372,746,486 $4,125,527,603
2000 $339,504,306 $4,367,458,867
1999 $371,921,712 $5,046,806,783
1998 $363,932,160 $5,232,118,046
1997 $362,816,806 $5,516,916,163
1996 $392,488,149 $5,641,243,100
1995 $392,774,714 $5,385,704,166
1994 $314,789,556 $4,932,800,407
1993 $427,750,823 $4,781,166,117
1992 $436,552,922 $4,789,220,417
1991 $400,592,663 $4,396,178,694
1990 $401,561,022 $3,888,320,666
1989 $328,665,081 $3,546,079,263
1988 $336,422,522 $3,476,480,303
1987 $313,292,323 $2,976,714,019
1986 $258,143,903 $2,909,130,355
1985 $191,944,892 $22,787,644,566
1984 $189,102,734 $18,421,497,251
1983 $196,193,380 $15,129,893,722
1982 $202,152,462 $11,926,032,493
1981 $212,958,382 $9,646,440,667
1980 $243,390,496 $9,746,524,915
1979 - $8,877,094,497
1978 - $8,087,305,999
1977 - $6,914,381,291
1976 - $6,762,781,871
1975 - $6,102,769,605
1974 - $5,691,417,541
1973 - $5,152,080,388
1972 - $4,203,069,035
1971 - $3,594,302,908
1970 - $3,220,224,608

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

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

GDP per capita in Comoros vs Guinea by year

Comoros
GDP per capita

GDP per capita, PPP
Guinea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Comoros Guinea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,663 $3,959 $1,695 $4,565
2023 $1,560 $3,812 $1,555 $4,334
2022 $1,465 $3,642 $1,417 $4,062
2021 $1,555 $3,378 $1,245 $3,739
2020 $1,519 $3,245 $1,054 $3,332
2019 $1,510 $3,293 $1,031 $3,106
2018 $1,527 $3,276 $933 $2,844
2017 $1,424 $3,347 $834 $2,687
2016 $1,365 $3,139 $712 $2,255
2015 $1,329 $2,949 $747 $1,930
2014 $1,616 $2,938 $765 $1,873
2013 $1,603 $2,833 $748 $1,842
2012 $1,490 $2,679 $699 $1,790
2011 $1,531 $2,472 $637 $1,705
2010 $1,387 $2,372 $659 $1,622
2009 $1,410 $2,304 $662 $1,567
2008 $1,455 $2,262 $704 $1,614
2007 $1,290 $2,178 $650 $1,558
2006 $1,138 $2,146 $447 $1,453
2005 $1,106 $2,162 $463 $1,422
2004 $1,072 $2,025 $585 $1,366
2003 $960 $1,949 $566 $1,328
2002 $765 $1,912 $496 $1,315
2001 $681 $1,838 $483 $1,251
2000 $633 $1,741 $518 $1,196
1999 $707 $1,753 $611 $1,163
1998 $704 $1,713 $647 $1,130
1997 $715 $1,723 $696 $1,099
1996 $786 $1,651 $726 $1,048
1995 $801 $1,657 $713 $1,014
1994 $653 $1,564 $672 $976
1993 $903 $1,623 $671 $947
1992 $939 $1,575 $693 $908
1991 $879 $1,464 $656 $887
1990 $903 $1,546 $604 $871
1989 $759 - $570 -
1988 $798 - $574 -
1987 $763 - $505 -
1986 $646 - $506 -
1985 $494 - $4,062 -
1984 $501 - $3,362 -
1983 $534 - $2,823 -
1982 $566 - $2,273 -
1981 $613 - $1,876 -
1980 $721 - $1,931 -
1979 - - $1,790 -
1978 - - $1,658 -
1977 - - $1,440 -
1976 - - $1,431 -
1975 - - $1,311 -
1974 - - $1,243 -
1973 - - $1,143 -
1972 - - $948 -
1971 - - $825 -
1970 - - $753 -

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

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

Comoros' GDP per capita is $1,663, ranking 161/197, compared to $1,695 in Guinea, ranking 160/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 167th at $3,959, while Guinea ranks 161st at $4,565.

Economic indicators

Comoros Guinea
Gross domestic product
$1.44B
2024
$25B
2024
GDP rank
183/197
2024
118/197
2024
GDP growth
3.34%
2023-2024
5.35%
2023-2024
GDP per capita
$1,663
2024
$1,695
2024
GDP per capita rank
161/197
2024
160/197
2024
GDP per capita, PPP
$3,959
2024
$4,565
2024
GDP per capita PPP rank
167/197
2024
161/197
2024
Government debt
$463M
2024
$12.2B
2024
Debt-to-GDP ratio
32.2%
2024
48.8%
2024
Government debt per person
$535
2024
$828
2024
Government debt per person rank
166/185
2024
147/185
2024
Average annual personal income after taxes
$2,192
2026
$20,020
2026
Income share by richest 10%
33.6%
2014
23.1%
2018
Income share by poorest 10%
1.6%
2014
3.5%
2018
Government expenditure, % of GDP
19.1%
2024
20.6%
2024
Consumer prices inflation
5%
2023-2024
4.7%
2023-2024
Unemployment rate
4.39%
2021
5.02%
2019
Population
903776
15546235

Spending and national debt comparison by year

Comoros
Spending

Debt
Guinea
Spending

Debt
1x
Year % of GDP
Comoros Guinea
Government spending Government debt Government spending Government debt
2024 19.1% 32.2% 20.6% 48.8%
2023 17.9% 28.7% 18.3% 40.4%
2022 18.4% 28.2% 15.7% 37.9%
2021 20% 26.3% 15.1% 40.6%
2020 18.8% 24.3% 17.1% 45.3%
2019 20.1% 21.2% 14.9% 37.3%
2018 19.2% 17% 15.9% 37.5%
2017 18.8% 18.9% 17.3% 39.9%
2016 18.9% 16.2% 16.1% 40.6%
2015 19.1% 14.3% 21.7% 41.5%
2014 14.5% 11.8% 20.1% 32.1%
2013 14.8% 10.3% 18.6% 30.5%
2012 14.9% 25.1% 19.6% 26.9%
2011 13.2% 27.7% 16% 53.8%
2010 13.3% 30.5% 20.5% 71.1%
2009 13.7% 31.7% 16.2% 61.3%
2008 15.1% 33.2% 10.1% 58.5%
2007 13.1% 35.6% 8.66% 60.8%
2006 12.5% 38.5% 13.2% 95.2%
2005 12.8% 39.9% 11% 97.9%
2004 11.7% 42.4% 13% 86.9%
2003 12.8% 44.4% 14.7% 81.6%
2002 14.3% 48.2% 14.4% 82.6%
2001 13% 53% 14.9% 90.4%
2000 9.74% 60.7% 12.6% 91.5%
1999 11.5% 64.5% 11.6% 92.3%
1998 13.1% 69.4% 10.3% 75.9%
1997 14.5% 70.9% 12.6% 67.9%
1996 15.5% 75.4% 12% 67.7%
1995 18.4% 77.7% 12.7% 66.5%
1994 21.8% 87.8% 12.6% 71.3%
1993 16.3% 95.7% 13.3% 68.9%
1992 20.4% 101% 13.8% 62%
1991 19.9% 103.9% 16.3% 70.9%
1990 20.3% 108.1% 18.7% 71.6%
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/guinea | CC BY

In 2024, Comoros' government spending was $276M, accounting for 19.1% of its GDP, while Guinea spent $5.14B, or 20.6% of GDP.

Debt-to-GDP ratio is 32.2% in Comoros and 48.8% in Guinea, ranking 153/185 and 111/185, respectively.

Government deficit by year

Deficit/surplus
Comoros

Guinea
1x
Year Deficit/surplus, % of GDP
Comoros Guinea
2024 -2.92% -4.99%
2023 -1.34% -3.86%
2022 -3.93% -1.88%
2021 -2.81% -1.7%
2020 -0.52% -3.08%
2019 -4.3% -0.17%
2018 -1.35% -0.97%
2017 -0.1% -1.98%
2016 -5.52% -0.08%
2015 2.6% -6.53%
2014 -0.33% -3.01%
2013 10.5% -3.86%
2012 1.96% 23.7%
2011 0.86% -0.92%
2010 4.2% -9.66%
2009 0.36% -4.87%
2008 -1.46% 0.38%
2007 -1.18% 1.28%
2006 -1.51% -2.13%
2005 -1.41% -1.06%
2004 -0.98% -3.85%
2003 -2.05% -4.65%
2002 -2.15% -3.37%
2001 -2.13% -3.23%
2000 -1.14% -2.42%
1999 -0.46% -1.3%
1998 -2% 2.46%
1997 -1.3% 0.07%
1996 -3.43% -2.2%
1995 -4.13% -1.07%
1994 -3.7% -2.59%
1993 1.27% -2.33%
1992 -1.99% -0.89%
1991 -2.26% -3.25%
1990 -1.03% -3.76%
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/guinea | 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 Guinea's deficit of $1.25B, or 4.99% of GDP.

Over the past 35 years, Comoros recorded a fiscal deficit in 28 of those years, while Guinea ran a deficit in 30 years. On average, Comoros posted an annual deficit equal to 1.02% of GDP, compared to deficit of 1.65% of GDP for Guinea.

Inflation comparison by year

Inflation
Comoros

Guinea
1x
Year Consumer prices inflation
Comoros Guinea
2024 5% 4.7%
2023 8.5% 5.4%
2022 12.4% 10.5%
2021 0% 12.6%
2020 0.8% 10.6%
2019 3.7% 9.5%
2018 1.7% 9.8%
2017 0.1% 8.9%
2016 0.8% 8.2%
2015 0.9% 8.2%
2014 0% 9.7%
2013 0.4% 11.9%
2012 5.9% 15.2%
2011 2.2% 21.4%
2010 3.9% 15.5%
2009 4.8% 4.7%
2008 4.8% 18.4%
2007 4.5% 22.9%
2006 3.4% 34.7%
2005 3% 31.4%
2004 4.5% 17.5%
2003 3.7% 11%
2002 3.6% 3%
2001 5.6% 5.4%
2000 5.9% 6.8%
1999 1.1% 4.6%
1998 1.2% 5.1%
1997 1.5% 1.9%

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

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

Over the past 28 years, Comoros has recorded an average annual inflation rate of 3.35%, compared with 11.8% in Guinea. In 2024, inflation was 5% in Comoros and 4.7% in Guinea.

Balance of trade

Comoros Guinea
Current account balance
-$24.6M
2023
-$392M
2024
Current account balance ranking
80/190
2023
104/190
2024
Current account balance, % of GDP
-1.86%
2023
-1.57%
2024
Goods imports
$299M
2023
$7.08B
2024
Goods exports
$32.1M
2023
$11.6B
2024
Service imports
$205M
2023
$3.15B
2024
Service exports
$116M
2023
$71.2M
2024
Imports of goods and services, % of GDP
34.5%
2024
56.4%
2024
Exports of goods and services, % of GDP
9.91%
2024
41.4%
2024

Economic freedom indices

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

Comoros Guinea
Economic freedom 52.7 53.1
Economic freedom ranking 145/197 141/197
Property rights 25.3 21.3
Government integrity 17.9 26.7
Judicial effectiveness 23.1 26
Tax burden 65.3 70.1
Government spending 89.8 90.1
Fiscal health 86 74.8
Business freedom 55.3 44.8
Labor freedom 56.2 56.4
Monetary freedom 73.8 75.3
Trade freedom 64.2 61.8
Investment freedom 45 50
Financial freedom 30 40

Economic freedom comparison by year

Comoros
Guinea
1x
Year Economic freedom index
Comoros Guinea
2026 52.7 53.1
2025 51.4 54.6
2024 52 53.3
2023 53.5 53.2
2022 50.4 54.2
2021 55.7 56.5
2020 53.7 56.5
2019 55.4 55.7
2018 56.2 52.2
2017 55.8 47.6
2016 52.4 53.3
2015 52.1 52.1
2014 51.4 53.5
2013 47.5 51.2
2012 45.7 50.8
2011 43.8 51.7
2010 44.9 51.8
2009 43.3 51
2008 - 52.8
2007 - 54.5
2006 - 52.8
2005 - 57.4
2004 - 56.1
2003 - 54.6
2002 - 52.9
2001 - 58.4
2000 - 58.2
1999 - 59.4
1998 - 61
1997 - 52.9
1996 - 58.5
1995 - 59.4

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

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

The Economic Freedom Index for Comoros is 52.7, ranking 145/197, compared to 53.1 for Guinea, ranking 141/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Comoros Guinea
Services, % of GDP
50.1%
2024
36.3%
2024
Industry, % of GDP
9.56%
2024
25.1%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
31%
2024
GNI, Atlas method
$1.38B
2024
$21.3B
2024
GNI per capita, PPP
$3,980
2024
$4,130
2024
Total reserves including gold
$324M
2024
$1.89B
2023
Total reserves ranking
166/177
2024
128/177
2023
Net foreign direct investment
-$5.35M
2023
-$1.4B
2024
Net inflows of foreign direct investment
$7.1M
2024
$1.4B
2024
Net outflows of foreign direct investment
$0
2024
$30K
2024
Servicing debt to the IMF, % of GNI
1.7%
2024
1.94%
2024
Poverty at national poverty lines
44.8%
2020
47%
2020
Gross capital formation, % of GDP
11.7%
2024
32.1%
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/comoros/guinea | 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 (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 (1984–1989, 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.