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Economy of Comoros vs Maldives compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.44B compared to $7.06B for Maldives, ranking 183/197 and 159/197 by economy size, respectively.

Comoros has $463M in government debt (32.2% of GDP), compared to $9.41B (133.3% of GDP) in Maldives.

Comoros vs Maldives GDP by year

Comoros
Maldives
1x
Year GDP, current $
Comoros Maldives
2024 $1,440,991,455 $7,061,608,267
2023 $1,326,836,543 $6,621,008,704
2022 $1,222,485,532 $6,177,123,352
2021 $1,272,238,391 $5,252,457,370
2020 $1,218,763,671 $3,712,604,583
2019 $1,187,915,409 $5,726,094,799
2018 $1,178,530,633 $5,404,344,163
2017 $1,077,439,757 $4,816,426,257
2016 $1,012,835,493 $4,409,942,624
2015 $966,029,601 $4,129,505,319
2014 $1,149,587,661 $3,697,353,039
2013 $1,116,224,107 $3,295,009,238
2012 $1,015,843,491 $2,886,163,997
2011 $1,023,086,274 $2,774,350,240
2010 $907,978,731 $2,588,176,055
2009 $905,341,173 $2,345,294,875
2008 $915,659,108 $2,271,646,188
2007 $795,673,153 $1,868,383,461
2006 $688,498,642 $1,575,200,391
2005 $655,375,096 $1,163,362,438
2004 $622,679,660 $1,226,829,563
2003 $546,830,041 $1,052,121,055
2002 $427,360,070 $897,031,250
2001 $372,746,486 $870,031,677
2000 $339,504,306 $624,337,145
1999 $371,921,712 $589,239,754
1998 $363,932,160 $540,096,398
1997 $362,816,806 $508,223,602
1996 $392,488,149 $450,382,328
1995 $392,774,714 $398,988,955
1994 $314,789,556 $356,014,932
1993 $427,750,823 $322,417,837
1992 $436,552,922 $284,875,809
1991 $400,592,663 $244,396,762
1990 $401,561,022 $215,043,970
1989 $328,665,081 $189,514,434
1988 $336,422,522 $168,514,513
1987 $313,292,323 $141,223,029
1986 $258,143,903 $141,882,254
1985 $191,944,892 $127,190,758
1984 $189,102,734 $109,503,546
1983 $196,193,380 $57,829,787
1982 $202,152,462 $47,911,340
1981 $212,958,382 $44,781,457
1980 $243,390,496 $42,463,576
1979 - $38,523,364
1978 - $24,369,109
1977 - $20,853,789
1976 - $22,399,467
1975 - $24,540,878
1974 - $39,120,171
1973 - $30,862,042
1972 - $25,177,138
1971 - $21,566,404
1970 - $19,328,038

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

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

GDP per capita in Comoros vs Maldives by year

Comoros
GDP per capita

GDP per capita, PPP
Maldives
GDP per capita

GDP per capita, PPP
1x
Year Current $
Comoros Maldives
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,663 $3,959 $13,379 $26,183
2023 $1,560 $3,812 $12,588 $24,786
2022 $1,465 $3,642 $11,786 $22,881
2021 $1,555 $3,378 $10,176 $19,053
2020 $1,519 $3,245 $7,394 $13,425
2019 $1,510 $3,293 $11,740 $23,077
2018 $1,527 $3,276 $11,423 $21,899
2017 $1,424 $3,347 $10,510 $19,768
2016 $1,365 $3,139 $9,948 $18,770
2015 $1,329 $2,949 $9,645 $17,875
2014 $1,616 $2,938 $8,939 $16,723
2013 $1,603 $2,833 $8,236 $15,264
2012 $1,490 $2,679 $7,461 $13,989
2011 $1,531 $2,472 $7,425 $13,726
2010 $1,387 $2,372 $7,174 $12,797
2009 $1,410 $2,304 $6,734 $12,266
2008 $1,455 $2,262 $6,757 $13,779
2007 $1,290 $2,178 $5,758 $12,852
2006 $1,138 $2,146 $5,019 $12,075
2005 $1,106 $2,162 $3,797 $9,704
2004 $1,072 $2,025 $4,070 $10,770
2003 $960 $1,949 $3,549 $10,065
2002 $765 $1,912 $3,076 $8,823
2001 $681 $1,838 $3,034 $8,236
2000 $633 $1,741 $2,214 $8,526
1999 $707 $1,753 $2,124 $8,162
1998 $704 $1,713 $1,980 $7,710
1997 $715 $1,723 $1,898 $7,226
1996 $786 $1,651 $1,717 $6,687
1995 $801 $1,657 $1,555 $6,223
1994 $653 $1,564 $1,419 $5,520
1993 $903 $1,623 $1,317 $5,138
1992 $939 $1,575 $1,194 $4,881
1991 $879 $1,464 $1,054 $4,604
1990 $903 $1,546 $957 $4,528
1989 $759 - $870 -
1988 $798 - $799 -
1987 $763 - $692 -
1986 $646 - $720 -
1985 $494 - $669 -
1984 $501 - $594 -
1983 $534 - $323 -
1982 $566 - $274.8 -
1981 $613 - $264.1 -
1980 $721 - $257.6 -
1979 - - $240.2 -
1978 - - $156.1 -
1977 - - $137.3 -
1976 - - $151.8 -
1975 - - $171.4 -
1974 - - $281.5 -
1973 - - $228.7 -
1972 - - $192.2 -
1971 - - $169.8 -
1970 - - $156.9 -

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

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

Comoros' GDP per capita is $1,663, ranking 161/197, compared to $13,379 in Maldives, ranking 75/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 167th at $3,959, while Maldives ranks 81st at $26,183.

Economic indicators

Comoros Maldives
Gross domestic product
$1.44B
2024
$7.06B
2024
GDP rank
183/197
2024
159/197
2024
GDP growth
3.34%
2023-2024
3.49%
2023-2024
GDP per capita
$1,663
2024
$13,379
2024
GDP per capita rank
161/197
2024
75/197
2024
GDP per capita, PPP
$3,959
2024
$26,183
2024
GDP per capita PPP rank
167/197
2024
81/197
2024
Government debt
$463M
2024
$9.41B
2024
Debt-to-GDP ratio
32.2%
2024
133.3%
2024
Government debt per person
$535
2024
$17,837
2024
Government debt per person rank
166/185
2024
35/185
2024
Average annual personal income after taxes
$2,192
2026
$9,909
2026
Income share by richest 10%
33.6%
2014
23.3%
2019
Income share by poorest 10%
1.6%
2014
3.8%
2019
Government expenditure, % of GDP
19.1%
2024
46.1%
2024
Consumer prices inflation
5%
2023-2024
1.4%
2023-2024
Unemployment rate
4.39%
2021
4.56%
2019
Population
903776
532057

Spending and national debt comparison by year

Comoros
Spending

Debt
Maldives
Spending

Debt
1x
Year % of GDP
Comoros Maldives
Government spending Government debt Government spending Government debt
2024 19.1% 32.2% 46.1% 133.3%
2023 17.9% 28.7% 46.7% 122.4%
2022 18.4% 28.2% 42% 111.6%
2021 20% 26.3% 40.6% 123.4%
2020 18.8% 24.3% 50.4% 155.7%
2019 20.1% 21.2% 32.9% 77.2%
2018 19.2% 17% 31.9% 70.7%
2017 18.8% 18.9% 30.4% 63.8%
2016 18.9% 16.2% 37.3% 61.9%
2015 19.1% 14.3% 33.8% 54.8%
2014 14.5% 11.8% 29.1% 55.1%
2013 14.8% 10.3% 27% 55.9%
2012 14.9% 25.1% 29.8% 57.1%
2011 13.2% 27.7% 31.3% 51.9%
2010 13.3% 30.5% 33.2% 52.7%
2009 13.7% 31.7% 37% 48.4%
2008 15.1% 33.2% 35.6% 39%
2007 13.1% 35.6% 34.8% 35.8%
2006 12.5% 38.5% 35% 36.8%
2005 12.8% 39.9% 38.8% 43.2%
2004 11.7% 42.4% 24.1% 34.7%
2003 12.8% 44.4% 26.4% 37.6%
2002 14.3% 48.2% 29.6% 44.3%
2001 13% 53% 29.6% 41.8%
2000 9.74% 60.7% 29% 39%
1999 11.5% 64.5% 28% 38.9%
1998 13.1% 69.4% 25.9% 39.3%
1997 14.5% 70.9% 25.2% 38.1%
1996 15.5% 75.4% 27.3% 46.9%
1995 18.4% 77.7% 31.3% 52.2%
1994 21.8% 87.8% 30.7% 54.6%
1993 16.3% 95.7% 34.7% 55.7%
1992 20.4% 101% 36.1% 49%
1991 19.9% 103.9% 37.7% 46.7%
1990 20.3% 108.1% 33.3% 42.4%
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/maldives | CC BY

In 2024, Comoros' government spending was $276M, accounting for 19.1% of its GDP, while Maldives spent $3.25B, or 46.1% of GDP.

Debt-to-GDP ratio is 32.2% in Comoros and 133.3% in Maldives, ranking 153/185 and 10/185, respectively.

Government deficit by year

Deficit/surplus
Comoros

Maldives
1x
Year Deficit/surplus, % of GDP
Comoros Maldives
2024 -2.92% -13.9%
2023 -1.34% -13.2%
2022 -3.93% -11.2%
2021 -2.81% -14.2%
2020 -0.52% -23.7%
2019 -4.3% -6.54%
2018 -1.35% -5.17%
2017 -0.1% -3.02%
2016 -5.52% -9.93%
2015 2.6% -6.52%
2014 -0.33% -2.42%
2013 10.5% -3.49%
2012 1.96% -6.91%
2011 0.86% -8.13%
2010 4.2% -13.6%
2009 0.36% -17.9%
2008 -1.46% -9.92%
2007 -1.18% -3.16%
2006 -1.51% -4.52%
2005 -1.41% -7.81%
2004 -0.98% -2.26%
2003 -2.05% -3.45%
2002 -2.15% -3.97%
2001 -2.13% -3.97%
2000 -1.14% -3.89%
1999 -0.46% -3.03%
1998 -2% -2.25%
1997 -1.3% -1.46%
1996 -3.43% -2.01%
1995 -4.13% -5.66%
1994 -3.7% -4.82%
1993 1.27% -13.9%
1992 -1.99% -12.6%
1991 -2.26% -10.2%
1990 -1.03% -12.8%
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/maldives | 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 Maldives' deficit of $982M, or 13.9% of GDP.

Over the past 35 years, Comoros recorded a fiscal deficit in 28 of those years, while Maldives ran a deficit in 35 years. On average, Comoros posted an annual deficit equal to 1.02% of GDP, compared to deficit of 7.75% of GDP for Maldives.

Inflation comparison by year

Inflation
Comoros

Maldives
1x
Year Consumer prices inflation
Comoros Maldives
2024 5% 1.4%
2023 8.5% 2.6%
2022 12.4% 2.6%
2021 0% 0.2%
2020 0.8% -1.6%
2019 3.7% 1.3%
2018 1.7% 1.4%
2017 0.1% 2.3%
2016 0.8% 0.8%
2015 0.9% 1.4%
2014 0% 2.4%
2013 0.4% 4%
2012 5.9% 10.9%
2011 2.2% 11.3%
2010 3.9% 6.1%
2009 4.8% 4.5%
2008 4.8% 12%
2007 4.5% 6.8%
2006 3.4% 3.5%
2005 3% 2.5%
2004 4.5% 6.3%
2003 3.7% -2.8%
2002 3.6% 0.9%
2001 5.6% 0.7%
2000 5.9% -1.2%
1999 1.1% 3%
1998 1.2% -1.4%
1997 1.5% 7.6%

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

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

Over the past 28 years, Comoros has recorded an average annual inflation rate of 3.35%, compared with 3.2% in Maldives. In 2024, inflation was 5% in Comoros and 1.4% in Maldives.

Balance of trade

Comoros Maldives
Current account balance
-$24.6M
2023
-$1.32B
2024
Current account balance ranking
80/190
2023
130/190
2024
Current account balance, % of GDP
-1.86%
2023
-18.7%
2024
Goods imports
$299M
2023
$3.46B
2024
Goods exports
$32.1M
2023
$383M
2024
Service imports
$205M
2023
$1.89B
2024
Service exports
$116M
2023
$5.03B
2024
Imports of goods and services, % of GDP
34.5%
2024
78.3%
2024
Exports of goods and services, % of GDP
9.91%
2024
78.2%
2024

Economic freedom indices

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

Comoros Maldives
Economic freedom 52.7 47.6
Economic freedom ranking 145/197 174/197
Property rights 25.3 52.2
Government integrity 17.9 41.9
Judicial effectiveness 23.1 39.3
Tax burden 65.3 89.9
Government spending 89.8 39.5
Fiscal health 86 0
Business freedom 55.3 49.7
Labor freedom 56.2 54.1
Monetary freedom 73.8 76.4
Trade freedom 64.2 62.8
Investment freedom 45 35
Financial freedom 30 30

Economic freedom comparison by year

Comoros
Maldives
1x
Year Economic freedom index
Comoros Maldives
2026 52.7 47.6
2025 51.4 48.3
2024 52 47.8
2023 53.5 46.6
2022 50.4 47.3
2021 55.7 55.2
2020 53.7 56.5
2019 55.4 53.2
2018 56.2 51.1
2017 55.8 50.3
2016 52.4 53.9
2015 52.1 53.4
2014 51.4 51
2013 47.5 49
2012 45.7 49.2
2011 43.8 48.3
2010 44.9 49
2009 43.3 51.3

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

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

The Economic Freedom Index for Comoros is 52.7, ranking 145/197, compared to 47.6 for Maldives, ranking 174/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Comoros Maldives
Services, % of GDP
50.1%
2024
72.1%
2024
Industry, % of GDP
9.56%
2024
9.2%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
3.84%
2024
GNI, Atlas method
$1.38B
2024
$6.15B
2024
GNI per capita, PPP
$3,980
2024
$23,400
2024
Total reserves including gold
$324M
2024
$674M
2024
Total reserves ranking
166/177
2024
150/177
2024
Net foreign direct investment
-$5.35M
2023
-$806M
2024
Net inflows of foreign direct investment
$7.1M
2024
$806M
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.7%
2024
7.95%
2024
Poverty at national poverty lines
44.8%
2020
15%
2020
Gross capital formation, % of GDP
11.7%
2024
30.8%
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/maldives | 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 (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 (1984–1996, 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.