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Economy of Comoros vs Italy compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.44B compared to $2.38T for Italy, ranking 183/197 and 8/197 by economy size, respectively.

Comoros has $463M in government debt (32.2% of GDP), compared to $3.22T (135.3% of GDP) in Italy.

Comoros vs Italy GDP by year

Comoros
Italy
1x
Year GDP, current $
Comoros Italy
2024 $1,440,991,455 $2,380,825,077,244
2023 $1,326,836,543 $2,316,727,999,333
2022 $1,222,485,532 $2,104,067,630,319
2021 $1,272,238,391 $2,179,207,773,596
2020 $1,218,763,671 $1,907,481,094,079
2019 $1,187,915,409 $2,019,606,796,584
2018 $1,178,530,633 $2,099,435,266,459
2017 $1,077,439,757 $1,970,720,904,585
2016 $1,012,835,493 $1,887,111,188,177
2015 $966,029,601 $1,845,428,048,839
2014 $1,149,587,661 $2,173,255,507,986
2013 $1,116,224,107 $2,153,225,581,941
2012 $1,015,843,491 $2,097,929,495,122
2011 $1,023,086,274 $2,306,974,020,278
2010 $907,978,731 $2,144,936,254,535
2009 $905,341,173 $2,209,484,319,013
2008 $915,659,108 $2,417,508,414,187
2007 $795,673,153 $2,222,524,108,128
2006 $688,498,642 $1,958,563,654,386
2005 $655,375,096 $1,864,982,261,287
2004 $622,679,660 $1,812,808,753,295
2003 $546,830,041 $1,582,930,016,539
2002 $427,360,070 $1,281,746,271,196
2001 $372,746,486 $1,172,041,488,806
2000 $339,504,306 $1,149,661,363,439
1999 $371,921,712 $1,255,004,736,464
1998 $363,932,160 $1,272,729,786,997
1997 $362,816,806 $1,244,988,176,444
1996 $392,488,149 $1,314,776,508,972
1995 $392,774,714 $1,177,369,428,266
1994 $314,789,556 $1,101,750,159,702
1993 $427,750,823 $1,067,412,587,671
1992 $436,552,922 $1,323,204,350,354
1991 $400,592,663 $1,249,092,439,519
1990 $401,561,022 $1,183,945,130,899
1989 $328,665,081 $930,801,709,004
1988 $336,422,522 $893,663,934,841
1987 $313,292,323 $807,570,134,449
1986 $258,143,903 $641,862,313,287
1985 $191,944,892 $453,259,761,687
1984 $189,102,734 $438,896,930,791
1983 $196,193,380 $444,063,496,940
1982 $202,152,462 $428,257,421,618
1981 $212,958,382 $431,695,533,981
1980 $243,390,496 $478,356,755,596
1979 - $394,584,507,108
1978 - $315,784,469,541
1977 - $258,190,019,750
1976 - $225,235,205,862
1975 - $228,220,643,535
1974 - $200,024,444,775
1973 - $175,896,529,392
1972 - $145,594,833,997
1971 - $124,959,712,859
1970 - $113,656,669,765
1969 - $100,996,667,239
1968 - $91,485,448,148
1967 - $84,401,995,573
1966 - $76,622,444,787
1965 - $70,717,012,186
1964 - $65,720,771,779
1963 - $60,035,924,618
1962 - $52,413,872,628
1961 - $46,649,487,320
1960 - $42,012,422,612

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Comoros vs Italy by year

Comoros
GDP per capita

GDP per capita, PPP
Italy
GDP per capita

GDP per capita, PPP
1x
Year Current $
Comoros Italy
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,663 $3,959 $40,385 $62,014
2023 $1,560 $3,812 $39,277 $60,030
2022 $1,465 $3,642 $35,654 $57,261
2021 $1,555 $3,378 $36,853 $49,825
2020 $1,519 $3,245 $32,091 $44,436
2019 $1,510 $3,293 $33,813 $46,662
2018 $1,527 $3,276 $34,904 $43,387
2017 $1,424 $3,347 $32,844 $42,142
2016 $1,365 $3,139 $31,392 $40,483
2015 $1,329 $2,949 $30,640 $37,384
2014 $1,616 $2,938 $36,028 $36,666
2013 $1,603 $2,833 $35,702 $36,459
2012 $1,490 $2,679 $34,854 $36,281
2011 $1,531 $2,472 $38,432 $36,392
2010 $1,387 $2,372 $35,857 $34,974
2009 $1,410 $2,304 $37,100 $34,502
2008 $1,455 $2,262 $40,829 $35,422
2007 $1,290 $2,178 $37,826 $34,108
2006 $1,138 $2,146 $33,537 $32,454
2005 $1,106 $2,162 $32,063 $30,138
2004 $1,072 $2,025 $31,348 $29,581
2003 $960 $1,949 $27,578 $29,249
2002 $765 $1,912 $22,451 $28,833
2001 $681 $1,838 $20,570 $28,134
2000 $633 $1,741 $20,190 $27,152
1999 $707 $1,753 $22,050 $25,655
1998 $704 $1,713 $22,365 $25,075
1997 $715 $1,723 $21,884 $23,937
1996 $786 $1,651 $23,123 $23,101
1995 $801 $1,657 $20,712 $22,446
1994 $653 $1,564 $19,382 $21,369
1993 $903 $1,623 $18,782 $20,485
1992 $939 $1,575 $23,297 $20,196
1991 $879 $1,464 $22,007 $19,596
1990 $903 $1,546 $20,874 $18,680
1989 $759 - $16,424 -
1988 $798 - $15,781 -
1987 $763 - $14,268 -
1986 $646 - $11,341 -
1985 $494 - $8,009 -
1984 $501 - $7,758 -
1983 $534 - $7,851 -
1982 $566 - $7,574 -
1981 $613 - $7,640 -
1980 $721 - $8,476 -
1979 - - $7,006 -
1978 - - $5,623 -
1977 - - $4,614 -
1976 - - $4,042 -
1975 - - $4,116 -
1974 - - $3,629 -
1973 - - $3,213 -
1972 - - $2,677 -
1971 - - $2,311 -
1970 - - $2,112 -
1969 - - $1,886 -
1968 - - $1,718 -
1967 - - $1,595 -
1966 - - $1,459 -
1965 - - $1,357 -
1964 - - $1,272 -
1963 - - $1,171 -
1962 - - $1,030 -
1961 - - $923 -
1960 - - $837 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Comoros' GDP per capita is $1,663, ranking 161/197, compared to $40,385 in Italy, ranking 29/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 167th at $3,959, while Italy ranks 31st at $62,014.

Economic indicators

Comoros Italy
Gross domestic product
$1.44B
2024
$2.38T
2024
GDP rank
183/197
2024
8/197
2024
GDP growth
3.34%
2023-2024
0.69%
2023-2024
GDP per capita
$1,663
2024
$40,385
2024
GDP per capita rank
161/197
2024
29/197
2024
GDP per capita, PPP
$3,959
2024
$62,014
2024
GDP per capita PPP rank
167/197
2024
31/197
2024
Government debt
$463M
2024
$3.22T
2024
Debt-to-GDP ratio
32.2%
2024
135.3%
2024
Government debt per person
$535
2024
$54,652
2024
Government debt per person rank
166/185
2024
6/185
2024
Average annual personal income after taxes
$2,192
2026
$23,800
2026
Market capitalization of domestic companies n/a
$587B
2014
Number of millionaires n/a
1,344,000
2025
Number of billionaires n/a
74
2025
Income share by richest 10%
33.6%
2014
25.8%
2023
Income share by poorest 10%
1.6%
2014
2.3%
2023
Government expenditure, % of GDP
19.1%
2024
50.6%
2024
Consumer prices inflation
5%
2023-2024
0.98%
2023-2024
Unemployment rate
4.39%
2021
6.5%
2024
Population
903776
58562681

Spending and national debt comparison by year

Comoros
Spending

Debt
Italy
Spending

Debt
1x
Year % of GDP
Comoros Italy
Government spending Government debt Government spending Government debt
2024 19.1% 32.2% 50.6% 135.3%
2023 17.9% 28.7% 54% 134.6%
2022 18.4% 28.2% 54.9% 138.3%
2021 20% 26.3% 56% 145.8%
2020 18.8% 24.3% 56.8% 154.4%
2019 20.1% 21.2% 48.4% 133.9%
2018 19.2% 17% 48.3% 134.2%
2017 18.8% 18.9% 48.8% 133.7%
2016 18.9% 16.2% 49% 134.2%
2015 19.1% 14.3% 50.2% 134.8%
2014 14.5% 11.8% 50.7% 134.8%
2013 14.8% 10.3% 50.9% 131.9%
2012 14.9% 25.1% 50.5% 125.9%
2011 13.2% 27.7% 49% 119.1%
2010 13.3% 30.5% 49.8% 118.8%
2009 13.7% 31.7% 51.1% 116.1%
2008 15.1% 33.2% 47.8% 105.8%
2007 13.1% 35.6% 46.6% 103.5%
2006 12.5% 38.5% 47.6% 106.3%
2005 12.8% 39.9% 47.1% 106.2%
2004 11.7% 42.4% 46.7% 104.7%
2003 12.8% 44.4% 47% 105.1%
2002 14.3% 48.2% 46.5% 105.9%
2001 13% 53% 47.1% 108.5%
2000 9.74% 60.7% 46.4% 108.7%
1999 11.5% 64.5% 47.1% 113.1%
1998 13.1% 69.4% 48% 113.9%
1997 14.5% 70.9% 49.3% 116.5%
1996 15.5% 75.4% 51.3% 118.9%
1995 18.4% 77.7% 51.4% 119.1%
1994 21.8% 87.8% 55.1% 130.8%
1993 16.3% 95.7% 57.8% 124.1%
1992 20.4% 101% 56.8% 113%
1991 19.9% 103.9% 55.3% 105.3%
1990 20.3% 108.1% 54.2% 101.7%
1989 19.7% 113.7% 51.6% 91.8%
1988 20.2% 119.9% 50.4% 89.2%
1987 22.4% 128.8% 49.8% 87.4%
1986 25.6% 136.6% 50.5% 83.4%
1985 24.8% 142.8% 49.8% 79.1%
1984 23.3% 150.1% 49.1% 73.1%
1983 - - 48.9% 67.8%
1982 - - 46.7% 61.8%
1981 - - 44.6% 57.3%
1980 - - 40.8% 55.1%
1979 - - 40.1% 58.9%
1978 - - 40.9% 59.9%
1977 - - 38.5% 56%
1976 - - 38.1% 57.3%
1975 - - 39.1% 57.9%
1974 - - 34.8% 50.8%
1973 - - 35.3% 51.1%
1972 - - 36.4% 48.2%
1971 - - 34.4% 42.4%
1970 - - 32.3% 37.8%
1969 - - 32.1% 37%
1968 - - 32.6% 36.4%
1967 - - 17.9% 33.3%
1966 - - 19.1% 33.4%
1965 - - 18.6% 28.4%
1964 - - 18.2% 27.2%
1963 - - 16.7% 27.2%
1962 - - 17.5% 29%
1961 - - 17.3% 30%
1960 - - 16.5% 31.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Comoros' government spending was $276M, accounting for 19.1% of its GDP, while Italy spent $1.2T, or 50.6% of GDP.

Debt-to-GDP ratio is 32.2% in Comoros and 135.3% in Italy, ranking 153/185 and 8/185, respectively.

Government deficit by year

Deficit/surplus
Comoros

Italy
1x
Year Deficit/surplus, % of GDP
Comoros Italy
2024 -2.92% -3.45%
2023 -1.34% -7.24%
2022 -3.93% -8.11%
2021 -2.81% -8.88%
2020 -0.52% -9.38%
2019 -4.3% -1.45%
2018 -1.35% -2.19%
2017 -0.1% -2.51%
2016 -5.52% -2.4%
2015 2.6% -2.46%
2014 -0.33% -2.82%
2013 10.5% -2.87%
2012 1.96% -2.99%
2011 0.86% -3.52%
2010 4.2% -4.16%
2009 0.36% -5.06%
2008 -1.46% -2.58%
2007 -1.18% -1.33%
2006 -1.51% -3.61%
2005 -1.41% -4.1%
2004 -0.98% -3.46%
2003 -2.05% -3.23%
2002 -2.15% -2.88%
2001 -2.13% -3.18%
2000 -1.14% -2.42%
1999 -0.46% -1.77%
1998 -2% -2.99%
1997 -1.3% -2.98%
1996 -3.43% -6.61%
1995 -4.13% -7.2%
1994 -3.7% -8.84%
1993 1.27% -9.76%
1992 -1.99% -10.1%
1991 -2.26% -11.1%
1990 -1.03% -11.1%
1989 -1.31% -11.4%
1988 -2.69% -11%
1987 -3.11% -11.5%
1986 -4.83% -12%
1985 -5.02% -12.4%
1984 -5.7% -11.5%
1983 - -10.1%
1982 - -10%
1981 - -10.9%
1980 - -6.97%
1979 - -8.23%
1978 - -8.47%
1977 - -6.96%
1976 - -7.88%
1975 - -10.3%
1974 - -6.24%
1973 - -6.36%
1972 - -6.84%
1971 - -4.71%
1970 - -3.22%
1969 - -2.85%
1968 - -2.55%
1967 - -0.97%
1966 - -1.59%
1965 - -2.67%
1964 - -2.35%
1963 - -0.3%
1962 - -0.95%
1961 - -0.57%
1960 - -0.28%
1959 - -1%
1958 - -0.98%
1957 - -1.09%
1956 - -1.46%
1955 - -2.03%
1954 - -1.84%
1953 - -2.33%
1952 - -4.08%
1951 - -3.86%
1950 - -2.42%
1949 - -2.82%
1948 - -4.58%
1947 - -6.62%
1946 - -9.82%
1945 - -16.9%
1944 - -35.1%
1943 - -16.1%
1942 - -26.9%
1941 - -25.1%
1940 - -24.3%
1939 - -9.49%
1938 - -5.97%
1937 - -5.78%
1936 - -7.93%
1935 - -9.83%
1934 - -2.5%
1933 - -4.85%
1932 - -3.06%
1931 - -2.14%
1930 - -0.55%
1929 - -0.59%
1928 - -2.09%
1927 - -1.71%
1926 - -0.09%
1925 - 1.7%
1924 - 1.19%
1923 - -3.21%
1922 - -11%
1921 - -7.77%
1920 - -5.89%
1919 - -11.2%
1918 - -22.7%
1917 - -27.6%
1916 - -28.2%
1915 - -25.8%
1914 - -12.4%
1913 - -0.86%
1912 - -1.86%
1911 - -0.63%
1910 - -0.32%
1909 - -0.69%
1908 - -1.31%
1907 - -0.51%
1906 - -0.69%
1905 - -1.57%
1904 - 0.58%
1903 - 0.32%
1902 - 0.48%
1901 - 0.36%
1900 - 0.28%
1899 - -0.11%
1898 - -0.21%
1897 - 0.009%
1896 - -0.43%
1895 - -0.69%
1894 - -0.23%
1893 - -0.49%
1892 - -0.25%
1891 - -1.41%
1890 - -0.32%
1889 - -1.32%
1888 - -2.11%
1887 - -1.94%
1886 - -0.5%
1885 - 0.2%
1884 - -1.46%
1883 - -0.51%
1882 - -0.5%
1881 - -0.04%
1880 - 0.38%
1879 - 0.73%
1878 - 0.09%
1877 - -0.009%
1876 - -0.05%
1875 - 0.58%
1874 - -0.08%
1873 - 0.21%
1872 - 0%
1871 - -0.13%
1870 - -0.82%
1869 - 0.33%
1868 - -0.79%
1867 - -1.45%
1866 - -3.1%
1865 - -2.72%
1864 - -3.06%
1863 - -4.16%
1862 - -3.96%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1862–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/comoros/italy | 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 Italy's deficit of $82B, or 3.45% of GDP.

Over the past 41 years, Comoros recorded a fiscal deficit in 34 of those years, while Italy ran a deficit in 41 years. On average, Comoros posted an annual deficit equal to 1.42% of GDP, compared to deficit of 5.82% of GDP for Italy.

Inflation comparison by year

Inflation
Comoros

Italy
1x
Year Consumer prices inflation
Comoros Italy
2024 5% 0.98%
2023 8.5% 5.62%
2022 12.4% 8.2%
2021 0% 1.87%
2020 0.8% -0.14%
2019 3.7% 0.61%
2018 1.7% 1.14%
2017 0.1% 1.23%
2016 0.8% -0.09%
2015 0.9% 0.04%
2014 0% 0.24%
2013 0.4% 1.22%
2012 5.9% 3.04%
2011 2.2% 2.78%
2010 3.9% 1.53%
2009 4.8% 0.77%
2008 4.8% 3.35%
2007 4.5% 1.83%
2006 3.4% 2.09%
2005 3% 1.99%
2004 4.5% 2.21%
2003 3.7% 2.67%
2002 3.6% 2.47%
2001 5.6% 2.79%
2000 5.9% 2.54%
1999 1.1% 1.66%
1998 1.2% 1.96%
1997 1.5% 2.04%

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/italy | CC BY

Over the past 28 years, Comoros has recorded an average annual inflation rate of 3.35%, compared with 2.02% in Italy. In 2024, inflation was 5% in Comoros and 0.98% in Italy.

Top exports between countries

Comoros
Export category Export value
Raw agricultural goods $59K
Italy
Export category Export value
Processed food, beverages & tobacco $439K
Raw materials & minerals $292K
Machinery & equipment $271K
Raw agricultural goods $154K
Textiles & consumer goods $116K
Wood & paper products $90K
Metals $42K
Animal & marine products $26K
Chemicals & pharma $10K
Miscellaneous $10K

Balance of trade

Comoros Italy
Current account balance
-$24.6M
2023
$25.8B
2024
Current account balance ranking
80/190
2023
19/190
2024
Current account balance, % of GDP
-1.86%
2023
+1.08%
2024
Goods imports
$299M
2023
$562B
2024
Goods exports
$32.1M
2023
$621B
2024
Service imports
$205M
2023
$160B
2024
Service exports
$116M
2023
$155B
2024
Imports of goods and services, % of GDP
34.5%
2024
30.3%
2024
Exports of goods and services, % of GDP
9.91%
2024
32.5%
2024

Economic freedom indices

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

Comoros Italy
Economic freedom 52.7 63.3
Economic freedom ranking 145/197 80/197
Property rights 25.3 84.8
Government integrity 17.9 60.8
Judicial effectiveness 23.1 80.9
Tax burden 65.3 57.5
Government spending 89.8 15.3
Fiscal health 86 17.2
Business freedom 55.3 74.5
Labor freedom 56.2 70.6
Monetary freedom 73.8 79.1
Trade freedom 64.2 79.4
Investment freedom 45 80
Financial freedom 30 60

Economic freedom comparison by year

Comoros
Italy
1x
Year Economic freedom index
Comoros Italy
2026 52.7 63.3
2025 51.4 60.9
2024 52 60.1
2023 53.5 62.3
2022 50.4 65.4
2021 55.7 64.9
2020 53.7 63.8
2019 55.4 62.2
2018 56.2 62.5
2017 55.8 62.5
2016 52.4 61.2
2015 52.1 61.7
2014 51.4 60.9
2013 47.5 60.6
2012 45.7 58.8
2011 43.8 60.3
2010 44.9 62.7
2009 43.3 61.4
2008 - 62.6
2007 - 62.8
2006 - 62
2005 - 64.9
2004 - 64.2
2003 - 64.3
2002 - 63.6
2001 - 63
2000 - 61.9
1999 - 61.6
1998 - 59.1
1997 - 58.1
1996 - 60.8
1995 - 61.2

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

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

The Economic Freedom Index for Comoros is 52.7, ranking 145/197, compared to 63.3 for Italy, ranking 80/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Comoros Italy
Services, % of GDP
50.1%
2024
65%
2024
Industry, % of GDP
9.56%
2024
22.3%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
2%
2024
GNI, Atlas method
$1.38B
2024
$2.28T
2024
GNI per capita, PPP
$3,980
2024
$61,620
2024
Total reserves including gold
$324M
2024
$291B
2024
Total reserves ranking
166/177
2024
12/177
2024
Net foreign direct investment
-$5.35M
2023
$19B
2024
Net inflows of foreign direct investment
$7.1M
2024
$26.9B
2024
Net outflows of foreign direct investment
$0
2024
$45.9B
2024
Servicing debt to the IMF, % of GNI
1.7%
2024
n/a
Poverty at national poverty lines
44.8%
2020
20.1%
2021
Gross capital formation, % of GDP
11.7%
2024
22.6%
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/italy | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1862–1989, retrieved 2026-02-20)
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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.