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Economy of Comoros vs Guinea-Bissau compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.44B compared to $2.22B for Guinea-Bissau, ranking 183/197 and 176/197 by economy size, respectively.

Comoros has $463M in government debt (32.2% of GDP), compared to $1.82B (82.2% of GDP) in Guinea-Bissau.

Comoros vs Guinea-Bissau GDP by year

Comoros
Guinea-Bissau
1x
Year GDP, current $
Comoros Guinea-Bissau
2024 $1,440,991,455 $2,218,393,805
2023 $1,326,836,543 $2,127,688,181
2022 $1,222,485,532 $1,859,601,384
2021 $1,272,238,391 $1,908,094,558
2020 $1,218,763,671 $1,705,057,581
2019 $1,187,915,409 $1,596,227,316
2018 $1,178,530,633 $1,554,133,594
2017 $1,077,439,757 $1,469,978,606
2016 $1,012,835,493 $1,245,074,264
2015 $966,029,601 $1,152,384,167
2014 $1,149,587,661 $1,135,250,721
2013 $1,116,224,107 $1,109,682,824
2012 $1,015,843,491 $1,049,412,177
2011 $1,023,086,274 $1,157,074,319
2010 $907,978,731 $940,112,539
2009 $905,341,173 $890,167,833
2008 $915,659,108 $952,667,544
2007 $795,673,153 $753,162,998
2006 $688,498,642 $634,781,901
2005 $655,375,096 $639,776,041
2004 $622,679,660 $582,169,841
2003 $546,830,041 $553,614,800
2002 $427,360,070 $466,773,711
2001 $372,746,486 $412,610,872
2000 $339,504,306 $391,345,597
1999 $371,921,712 $579,365,780
1998 $363,932,160 $591,034,143
1997 $362,816,806 $698,107,222
1996 $392,488,149 $702,965,148
1995 $392,774,714 $660,195,402
1994 $314,789,556 $612,502,085
1993 $427,750,823 $615,779,519
1992 $436,552,922 $588,309,271
1991 $400,592,663 $668,470,891
1990 $401,561,022 $634,187,269
1989 $328,665,081 $554,072,303
1988 $336,422,522 $427,514,322
1987 $313,292,323 $451,893,375
1986 $258,143,903 $338,524,233
1985 $191,944,892 $373,959,151
1984 $189,102,734 $359,980,491
1983 $196,193,380 $425,225,177
1982 $202,152,462 $430,284,022
1981 $212,958,382 $402,230,865
1980 $243,390,496 $287,648,258
1979 - $308,143,183
1978 - $318,876,550
1977 - $298,871,675
1976 - $292,152,321
1975 - $283,311,997
1974 - $256,769,730
1973 - $232,331,281
1972 - $227,986,203
1971 - $204,167,297
1970 - $204,670,551

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

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

GDP per capita in Comoros vs Guinea-Bissau by year

Comoros
GDP per capita

GDP per capita, PPP
Guinea-Bissau
GDP per capita

GDP per capita, PPP
1x
Year Current $
Comoros Guinea-Bissau
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,663 $3,959 $1,008 $3,119
2023 $1,560 $3,812 $988 $2,990
2022 $1,465 $3,642 $883 $2,789
2021 $1,555 $3,378 $927 $2,523
2020 $1,519 $3,245 $847 $2,340
2019 $1,510 $3,293 $811 $2,247
2018 $1,527 $3,276 $809 $2,058
2017 $1,424 $3,347 $783 $2,082
2016 $1,365 $3,139 $680 $1,824
2015 $1,329 $2,949 $645 $1,730
2014 $1,616 $2,938 $652 $1,456
2013 $1,603 $2,833 $654 $1,416
2012 $1,490 $2,679 $635 $1,402
2011 $1,531 $2,472 $720 $1,472
2010 $1,387 $2,372 $600 $1,370
2009 $1,410 $2,304 $583 $1,315
2008 $1,455 $2,262 $640 $1,309
2007 $1,290 $2,178 $519 $1,260
2006 $1,138 $2,146 $449 $1,226
2005 $1,106 $2,162 $463 $1,187
2004 $1,072 $2,025 $431 $1,105
2003 $960 $1,949 $420 $1,089
2002 $765 $1,912 $362 $1,095
2001 $681 $1,838 $327 $1,064
2000 $633 $1,741 $317 $1,014
1999 $707 $1,753 $479 $1,001
1998 $704 $1,713 $498 $861
1997 $715 $1,723 $599 $1,118
1996 $786 $1,651 $615 $1,052
1995 $801 $1,657 $589 $945
1994 $653 $1,564 $561 $909
1993 $903 $1,623 $582 $890
1992 $939 $1,575 $574 $880
1991 $879 $1,464 $672 $877
1990 $903 $1,546 $651 $824
1989 $759 - $578 -
1988 $798 - $454 -
1987 $763 - $488 -
1986 $646 - $371 -
1985 $494 - $417 -
1984 $501 - $407 -
1983 $534 - $489 -
1982 $566 - $503 -
1981 $613 - $477 -
1980 $721 - $347 -
1979 - - $376 -
1978 - - $403 -
1977 - - $403 -
1976 - - $421 -
1975 - - $435 -
1974 - - $419 -
1973 - - $392 -
1972 - - $389 -
1971 - - $348 -
1970 - - $350 -

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

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

Comoros' GDP per capita is $1,663, ranking 161/197, compared to $1,008 in Guinea-Bissau, ranking 177/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 167th at $3,959, while Guinea-Bissau ranks 179th at $3,119.

Economic indicators

Comoros Guinea-Bissau
Gross domestic product
$1.44B
2024
$2.22B
2024
GDP rank
183/197
2024
176/197
2024
GDP growth
3.34%
2023-2024
4.15%
2023-2024
GDP per capita
$1,663
2024
$1,008
2024
GDP per capita rank
161/197
2024
177/197
2024
GDP per capita, PPP
$3,959
2024
$3,119
2024
GDP per capita PPP rank
167/197
2024
179/197
2024
Government debt
$463M
2024
$1.82B
2024
Debt-to-GDP ratio
32.2%
2024
82.2%
2024
Government debt per person
$535
2024
$828
2024
Government debt per person rank
166/185
2024
146/185
2024
Average annual personal income after taxes
$2,192
2026
$1,711
2026
Income share by richest 10%
33.6%
2014
26.1%
2021
Income share by poorest 10%
1.6%
2014
3.4%
2021
Government expenditure, % of GDP
19.1%
2024
20.4%
2024
Consumer prices inflation
5%
2023-2024
3.7%
2023-2024
Unemployment rate
4.39%
2021
2.67%
2022
Population
903776
2311915

Spending and national debt comparison by year

Comoros
Spending

Debt
Guinea-Bissau
Spending

Debt
1x
Year % of GDP
Comoros Guinea-Bissau
Government spending Government debt Government spending Government debt
2024 19.1% 32.2% 20.4% 82.2%
2023 17.9% 28.7% 21.9% 79.4%
2022 18.4% 28.2% 21.3% 80.7%
2021 20% 26.3% 25% 78.8%
2020 18.8% 24.3% 25% 77.6%
2019 20.1% 21.2% 18.8% 65.1%
2018 19.2% 17% 19.5% 59.1%
2017 18.8% 18.9% 18.1% 51.8%
2016 18.9% 16.2% 20.5% 59.1%
2015 19.1% 14.3% 21.5% 56.3%
2014 14.5% 11.8% 23% 60.1%
2013 14.8% 10.3% 12.4% 49.6%
2012 14.9% 25.1% 13% 47.4%
2011 13.2% 27.7% 17.3% 45.6%
2010 13.3% 30.5% 18.5% 61.7%
2009 13.7% 31.7% 20.6% 148.3%
2008 15.1% 33.2% 21.8% 148.8%
2007 13.1% 35.6% 23.7% 164%
2006 12.5% 38.5% 19.8% 190.4%
2005 12.8% 39.9% 20.2% 203.7%
2004 11.7% 42.4% 23% 202%
2003 12.8% 44.4% 17% 183.4%
2002 14.3% 48.2% 14.1% 197.5%
2001 13% 53% 19.1% 204.4%
2000 9.74% 60.7% 23.5% 217.1%
1999 11.5% 64.5% 12.1% 109.9%
1998 13.1% 69.4% 8.72% 109.1%
1997 14.5% 70.9% 12.7% 94.3%
1996 15.5% 75.4% 8.93% 117.3%
1995 18.4% 77.7% 8.14% 103.3%
1994 21.8% 87.8% 18.4% 105.5%
1993 16.3% 95.7% 13.1% 112.4%
1992 20.4% 101% 10.1% 85.3%
1991 19.9% 103.9% 9.19% 88.9%
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 (1984–1996, retrieved 2026-02-20).

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

In 2024, Comoros' government spending was $276M, accounting for 19.1% of its GDP, while Guinea-Bissau spent $452M, or 20.4% of GDP.

Debt-to-GDP ratio is 32.2% in Comoros and 82.2% in Guinea-Bissau, ranking 153/185 and 41/185, respectively.

Government deficit by year

Deficit/surplus
Comoros

Guinea-Bissau
1x
Year Deficit/surplus, % of GDP
Comoros Guinea-Bissau
2024 -2.92% -7.26%
2023 -1.34% -8.15%
2022 -3.93% -6.06%
2021 -2.81% -5.88%
2020 -0.52% -9.64%
2019 -4.3% -3.86%
2018 -1.35% -4.76%
2017 -0.1% -1.32%
2016 -5.52% -5.34%
2015 2.6% -3.16%
2014 -0.33% -2.44%
2013 10.5% -1.67%
2012 1.96% -2.12%
2011 0.86% -1.35%
2010 4.2% -0.23%
2009 0.36% 2.68%
2008 -1.46% -0.73%
2007 -1.18% -8.77%
2006 -1.51% -4.57%
2005 -1.41% -4.96%
2004 -0.98% -5.92%
2003 -2.05% -5.63%
2002 -2.15% -3.7%
2001 -2.13% -1.83%
2000 -1.14% -2.8%
1999 -0.46% -4.06%
1998 -2% -5.95%
1997 -1.3% -2.56%
1996 -3.43% 3.48%
1995 -4.13% 2.45%
1994 -3.7% -5.54%
1993 1.27% -0.34%
1992 -1.99% -0.25%
1991 -2.26% 1.61%
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/comoros/guinea-bissau | 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-Bissau's deficit of $161M, or 7.26% of GDP.

Over the past 34 years, Comoros recorded a fiscal deficit in 27 of those years, while Guinea-Bissau ran a deficit in 30 years. On average, Comoros posted an annual deficit equal to 1.02% of GDP, compared to deficit of 3.25% of GDP for Guinea-Bissau.

Inflation comparison by year

Inflation
Comoros

Guinea-Bissau
1x
Year Consumer prices inflation
Comoros Guinea-Bissau
2024 5% 3.7%
2023 8.5% 7.2%
2022 12.4% 7.9%
2021 0% 3.3%
2020 0.8% 1.5%
2019 3.7% 0.3%
2018 1.7% 0.4%
2017 0.1% -0.2%
2016 0.8% 2.7%
2015 0.9% 1.5%
2014 0% -1%
2013 0.4% 0.8%
2012 5.9% 2.1%
2011 2.2% 5.1%
2010 3.9% 1.1%
2009 4.8% -1.6%
2008 4.8% 10.4%
2007 4.5% 4.6%
2006 3.4% 2%
2005 3% 3.4%
2004 4.5% 0.8%
2003 3.7% -3.5%
2002 3.6% 3.3%
2001 5.6% 3.3%
2000 5.9% 8.6%
1999 1.1% -2.1%
1998 1.2% 8.1%
1997 1.5% 49.1%

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

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

Over the past 28 years, Comoros has recorded an average annual inflation rate of 3.35%, compared with 4.39% in Guinea-Bissau. In 2024, inflation was 5% in Comoros and 3.7% in Guinea-Bissau.

Balance of trade

Comoros Guinea-Bissau
Current account balance
-$24.6M
2023
-$160M
2023
Current account balance ranking
80/190
2023
95/190
2023
Current account balance, % of GDP
-1.86%
2023
-7.53%
2023
Goods imports
$299M
2023
$403M
2023
Goods exports
$32.1M
2023
$240M
2023
Service imports
$205M
2023
$189M
2023
Service exports
$116M
2023
$44.8M
2023
Imports of goods and services, % of GDP
34.5%
2024
27%
2024
Exports of goods and services, % of GDP
9.91%
2024
11.8%
2024

Economic freedom indices

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

Comoros Guinea-Bissau
Economic freedom 52.7 43.2
Economic freedom ranking 145/197 181/197
Property rights 25.3 28.4
Government integrity 17.9 21
Judicial effectiveness 23.1 13.2
Tax burden 65.3 89
Government spending 89.8 86.5
Fiscal health 86 6.5
Business freedom 55.3 34.6
Labor freedom 56.2 55.9
Monetary freedom 73.8 75.9
Trade freedom 64.2 47
Investment freedom 45 30
Financial freedom 30 30

Economic freedom comparison by year

Comoros
Guinea-Bissau
1x
Year Economic freedom index
Comoros Guinea-Bissau
2026 52.7 43.2
2025 51.4 43.6
2024 52 42.7
2023 53.5 44.6
2022 50.4 46
2021 55.7 54.9
2020 53.7 53.3
2019 55.4 54
2018 56.2 56.9
2017 55.8 56.1
2016 52.4 51.8
2015 52.1 52
2014 51.4 51.3
2013 47.5 51.1
2012 45.7 50.1
2011 43.8 46.5
2010 44.9 43.6
2009 43.3 45.4
2008 - 44.4
2007 - 46.1
2006 - 46.5
2005 - 46
2004 - 42.6
2003 - 43.1
2002 - 42.3
2001 - 42.5
2000 - 34.7
1999 - 33.5

Data sources: The Heritage Foundation | Economic Freedom Index (1999–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Comoros is 52.7, ranking 145/197, compared to 43.2 for Guinea-Bissau, ranking 181/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Comoros Guinea-Bissau
Services, % of GDP
50.1%
2024
37.9%
2024
Industry, % of GDP
9.56%
2024
15.6%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
42.2%
2024
GNI, Atlas method
$1.38B
2024
$2.18B
2024
GNI per capita, PPP
$3,980
2024
$3,140
2024
Total reserves including gold
$324M
2024
n/a
Total reserves ranking
166/177
2024
n/a
Net foreign direct investment
-$5.35M
2023
-$24.8M
2023
Net inflows of foreign direct investment
$7.1M
2024
$26.7M
2024
Net outflows of foreign direct investment
$0
2024
$389K
2024
Servicing debt to the IMF, % of GNI
1.7%
2024
1.75%
2024
Poverty at national poverty lines
44.8%
2020
50.5%
2021
Gross capital formation, % of GDP
11.7%
2024
24.9%
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-bissau | 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 (1999–2026, 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 (1984–1996, 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.