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Economy of Comoros vs Mongolia compared: GDP & Debt

Updated on by Georank

Comoros has a GDP of $1.81B compared to $25.4B for Mongolia, ranking 182/197 and 123/197 by economy size, respectively.

Comoros has $535M in government debt (29.5% of GDP), compared to $11.4B (45.1% of GDP) in Mongolia.

Comoros vs Mongolia GDP by year

Comoros
Mongolia
1x
Year GDP, current $
Comoros Mongolia
2025 $1,814,920,856 $25,369,107,325
2024 $1,610,082,688 $23,794,540,025
2023 $1,465,977,684 $20,325,121,394
2022 $1,279,542,249 $17,146,471,714
2021 $1,299,039,312 $15,286,441,738
2020 $1,225,039,197 $13,312,981,429
2019 $1,195,019,532 $14,206,359,018
2018 $1,188,797,449 $13,178,094,720
2017 $1,077,439,757 $11,480,847,741
2016 $1,012,835,493 $11,181,350,649
2015 $966,029,601 $11,619,892,591
2014 $1,149,587,562 $12,226,514,668
2013 $1,116,223,107 $12,582,122,604
2012 $1,015,842,907 $12,292,770,632
2011 $1,023,087,476 $10,409,797,378
2010 $907,979,446 $7,189,481,999
2009 $905,341,173 $4,583,850,368
2008 $915,659,108 $5,623,216,608
2007 $795,673,153 $4,234,999,704
2006 $688,498,642 $3,414,055,662
2005 $655,375,096 $2,523,471,601
2004 $622,679,660 $1,992,066,808
2003 $546,830,041 $1,595,297,356
2002 $427,360,070 $1,396,555,720
2001 $372,746,486 $1,267,997,934
2000 $339,504,306 $1,136,896,124
1999 $371,921,712 $1,057,408,589
1998 $363,932,160 $1,124,440,205
1997 $362,816,806 $1,180,934,203
1996 $392,488,149 $1,345,719,472
1995 $392,774,714 $1,452,165,005
1994 $314,789,556 $925,817,092
1993 $427,750,823 $768,401,634
1992 $436,552,922 $1,317,611,864
1991 $400,592,663 $2,379,018,326
1990 $401,561,022 $2,560,785,660
1989 $328,665,081 $3,576,966,800
1988 $336,422,522 $3,204,461,567
1987 $313,292,323 $3,020,611,600
1986 $258,143,903 $2,896,178,867
1985 $191,944,892 $2,186,505,475
1984 $189,102,734 $2,098,734,600
1983 $196,193,380 $2,725,736,633
1982 $202,152,462 $2,552,401,933
1981 $212,958,382 $2,310,099,100
1980 $243,390,496 $2,101,394,100

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

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

GDP per capita in Comoros vs Mongolia by year

Comoros
GDP per capita

GDP per capita, PPP
Mongolia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Comoros Mongolia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,056 - $7,108 -
2024 $1,858 $3,959 $6,751 $19,145
2023 $1,724 $3,812 $5,839 $18,005
2022 $1,534 $3,642 $4,994 $16,402
2021 $1,588 $3,378 $4,518 $14,792
2020 $1,527 $3,245 $4,001 $13,693
2019 $1,519 $3,293 $4,348 $13,605
2018 $1,541 $3,276 $4,108 $12,317
2017 $1,424 $3,347 $3,646 $11,096
2016 $1,365 $3,139 $3,620 $10,511
2015 $1,329 $2,949 $3,839 $10,458
2014 $1,616 $2,938 $4,126 $10,900
2013 $1,603 $2,833 $4,340 $10,442
2012 $1,490 $2,679 $4,329 $10,152
2011 $1,531 $2,472 $3,736 $8,862
2010 $1,387 $2,372 $2,625 $7,532
2009 $1,410 $2,304 $1,703 $7,119
2008 $1,455 $2,262 $2,127 $7,297
2007 $1,290 $2,178 $1,628 $6,678
2006 $1,138 $2,146 $1,330 $5,977
2005 $1,106 $2,162 $995 $5,406
2004 $1,072 $2,025 $794 $4,942
2003 $960 $1,949 $643 $4,399
2002 $765 $1,912 $570 $4,083
2001 $681 $1,838 $524 $3,889
2000 $633 $1,741 $476 $3,740
1999 $707 $1,753 $449 $3,664
1998 $704 $1,713 $484 $3,555
1997 $715 $1,723 $515 $3,449
1996 $786 $1,651 $596 $3,310
1995 $801 $1,657 $653 $3,229
1994 $653 $1,564 $423 $3,021
1993 $903 $1,623 $355 $2,929
1992 $939 $1,575 $608 $2,951
1991 $879 $1,464 $1,099 $3,183
1990 $903 $1,546 $1,220 $3,479
1989 $759 - $1,684 -
1988 $798 - $1,543 -
1987 $763 - $1,493 -
1986 $646 - $1,469 -
1985 $494 - $1,138 -
1984 $501 - $1,120 -
1983 $534 - $1,490 -
1982 $566 - $1,430 -
1981 $613 - $1,325 -
1980 $721 - $1,235 -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

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

Comoros' GDP per capita is $2,056, ranking 158/197, compared to $7,108 in Mongolia, ranking 103/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 167th at $3,959, while Mongolia ranks 98th at $19,145.

Economic indicators

Comoros Mongolia
Gross domestic product
$1.81B
2025
$25.4B
2025
GDP rank
182/197
2025
123/197
2025
GDP growth
3.75%
2024-2025
6.84%
2024-2025
GDP per capita
$2,056
2025
$7,108
2025
GDP per capita rank
158/197
2025
103/197
2025
GDP per capita, PPP
$3,959
2024
$19,145
2024
GDP per capita PPP rank
167/197
2024
98/197
2024
Government debt
$535M
2025
$11.4B
2025
Debt-to-GDP ratio
29.5%
2025
45.1%
2025
Government debt per person
$606
2025
$3,207
2025
Government debt per person rank
161/185
2025
101/185
2025
Average annual personal income after taxes
$1,829
2026
$7,064
2026
Income share by richest 10%
24.6%
2024
24.6%
2022
Income share by poorest 10%
3.7%
2024
3.4%
2022
Government expenditure, % of GDP
19.5%
2025
34.6%
2025
Consumer prices inflation
3.2%
2024-2025
8.6%
2024-2025
Central bank interest rate n/a
12%
2025
Unemployment rate
4.39%
2021
5.81%
2024
Population
907554
3630744

Spending and national debt comparison by year

Comoros
Spending

Debt
Mongolia
Spending

Debt
1x
Year % of GDP
Comoros Mongolia
Government spending Government debt Government spending Government debt
2025 19.5% 29.5% 34.6% 45.1%
2024 19.1% 30% 37.5% 44.1%
2023 17.9% 31.5% 31.9% 46.7%
2022 18.4% 30.2% 33.7% 64.5%
2021 20% 27.9% 35.9% 67.3%
2020 18.8% 25.5% 37.1% 83.4%
2019 20.1% 22.4% 30.8% 66.8%
2018 19.2% 17.5% 28.4% 76.5%
2017 18.8% 19.4% 32.2% 86.9%
2016 18.9% 15.7% 39.7% 78.7%
2015 19.1% 13.6% 31.2% 50.5%
2014 14.5% 12% 32.1% 44%
2013 14.8% 10.5% 32.2% 49.4%
2012 14.9% 25% 36.1% 43.7%
2011 13.2% 27.6% 37.9% 32.7%
2010 13.3% 30.1% 31.6% 31%
2009 13.7% 31.8% 35.5% 48.5%
2008 15.1% 33.4% 37.6% 31%
2007 13.1% 36.2% 35.3% 36.1%
2006 12.5% 38.5% 26.2% 40.9%
2005 12.8% 39.9% 25.1% 55.9%
2004 11.7% 42.4% 31.8% 75%
2003 12.8% 44.4% 33.7% 90%
2002 14.3% 48.2% 35.5% 72%
2001 13% 53% 35.2% 69.2%
2000 9.74% 60.7% 34.5% 79.3%
1999 11.5% 64.5% 33.2% 103.7%
1998 13.1% 69.4% 36.2% 77.5%
1997 14.5% 70.9% 30.8% 61%
1996 15.5% 75.4% 28.6% 49.7%
1995 18.4% 77.7% 26.6% 40.2%
1994 21.8% 87.8% 32.2% 57.6%
1993 16.3% 95.7% 38.3% 57.8%
1992 20.4% 101% 29.1% 29.3%
1991 19.9% 103.9% 46% -
1990 20.3% 108.1% 51.7% -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1984–2005, retrieved 2026-07-08).

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

In 2025, Comoros' government spending was $355M, accounting for 19.5% of its GDP, while Mongolia spent $8.78B, or 34.6% of GDP.

Debt-to-GDP ratio is 29.5% in Comoros and 45.1% in Mongolia, ranking 157/185 and 116/185, respectively.

Government deficit by year

Deficit/surplus
Comoros

Mongolia
1x
Year Deficit/surplus, % of GDP
Comoros Mongolia
2025 -2.34% 1.7%
2024 -2.67% 1.39%
2023 -1.34% 2.73%
2022 -3.93% 0.67%
2021 -2.82% -3.05%
2020 -0.52% -9.24%
2019 -4.3% 1%
2018 -1.35% 2.85%
2017 -0.1% -3.72%
2016 -5.52% -15.3%
2015 2.6% -5.04%
2014 -0.33% -3.73%
2013 10.5% -0.93%
2012 1.96% -6.24%
2011 0.86% -4.01%
2010 4.2% 0.43%
2009 0.36% -5.2%
2008 -1.46% -4.52%
2007 -1.18% 2.64%
2006 -1.51% 7.58%
2005 -1.41% 2.43%
2004 -0.98% -1.62%
2003 -2.05% -3.38%
2002 -2.15% -4.74%
2001 -2.13% -4.33%
2000 -1.14% -5.82%
1999 -0.46% -9.91%
1998 -2% -12.3%
1997 -1.3% -8.09%
1996 -3.43% -6.88%
1995 -4.13% -4.97%
1994 -3.7% -9.74%
1993 1.27% -13.3%
1992 -1.99% -8.1%
1991 -2.26% -6.37%
1990 -1.03% -9.37%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-07-08).

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

In 2025, Comoros' government deficit, the difference between spending and revenue, was $42.4M, equivalent to 2.34% of GDP. This compares to Mongolia's surplus of $432M, or 1.7% of GDP.

Over the past 36 years, Comoros recorded a fiscal deficit in 29 of those years, while Mongolia ran a deficit in 26 years. On average, Comoros posted an annual deficit equal to 1.05% of GDP, compared to deficit of 4.07% of GDP for Mongolia.

Inflation comparison by year

Inflation
Comoros

Mongolia
1x
Year Consumer prices inflation
Comoros Mongolia
2025 3.2% 8.6%
2024 5% 6.2%
2023 8.5% 10.4%
2022 12.4% 15.1%
2021 0% 7.4%
2020 0.8% 3.7%
2019 3.7% 7.3%
2018 1.7% 6.8%
2017 0.1% 4.3%
2016 0.8% 0.8%
2015 0.9% 6.8%
2014 0% 12.9%
2013 0.4% 10.6%
2012 5.9% 13.8%
2011 2.2% 8.8%
2010 3.9% 8.3%
2009 4.8% 7.6%
2008 4.8% 28%
2007 4.5% 9.6%
2006 3.4% 4.4%
2005 3% 12.6%
2004 4.5% 8.3%
2003 3.7% 5.2%
2002 3.6% 0.9%
2001 5.6% 6.4%
2000 5.9% 11.3%
1999 1.1% 7.6%
1998 1.2% 9.5%
1997 1.5% 30%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Comoros has recorded an average annual inflation rate of 3.35%, compared with 9.42% in Mongolia. In 2025, inflation was 3.2% in Comoros and 8.6% in Mongolia.

Balance of trade

Comoros Mongolia
Current account balance
-$24.6M
2023
-$2.49B
2024
Current account balance ranking
73/190
2023
147/190
2024
Current account balance, % of GDP
-1.68%
2023
-10.4%
2024
Goods imports
$299M
2023
$11.7B
2024
Goods exports
$32.1M
2023
$14.7B
2024
Service imports
$205M
2023
$4.92B
2024
Service exports
$116M
2023
$1.6B
2024
Imports of goods and services, % of GDP
31.6%
2025
62.6%
2025
Exports of goods and services, % of GDP
9.3%
2025
68.1%
2025

Economic freedom indices

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

Comoros Mongolia
Economic freedom 52.7 63.9
Economic freedom ranking 145/197 76/197
Property rights 25.3 49.2
Government integrity 17.9 35.8
Judicial effectiveness 23.1 54.9
Tax burden 65.3 83.7
Government spending 89.8 64.6
Fiscal health 86 96.1
Business freedom 55.3 68.4
Labor freedom 56.2 68.2
Monetary freedom 73.8 72.1
Trade freedom 64.2 74.4
Investment freedom 45 50
Financial freedom 30 50

Economic freedom comparison by year

Comoros
Mongolia
1x
Year Economic freedom index
Comoros Mongolia
2026 52.7 63.9
2025 51.4 62.6
2024 52 60.6
2023 53.5 61.7
2022 50.4 63.9
2021 55.7 62.4
2020 53.7 55.9
2019 55.4 55.4
2018 56.2 55.7
2017 55.8 54.8
2016 52.4 59.4
2015 52.1 59.2
2014 51.4 58.9
2013 47.5 61.7
2012 45.7 61.5
2011 43.8 59.5
2010 44.9 60
2009 43.3 62.8
2008 - 63.6
2007 - 60.3
2006 - 62.4
2005 - 59.7
2004 - 56.5
2003 - 57.7
2002 - 56.7
2001 - 56
2000 - 58.5
1999 - 58.6
1998 - 57.3
1997 - 52.9
1996 - 47.4
1995 - 47.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Comoros is 52.7, ranking 145/197, compared to 63.9 for Mongolia, ranking 76/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Comoros Mongolia
Services, % of GDP
48.8%
2025
44.3%
2025
Industry, % of GDP
9.87%
2025
37.2%
2025
Agriculture, forestry, and fishing, % of GDP
36.6%
2025
8.94%
2025
GNI, Atlas method
$1.72B
2025
$22.2B
2025
GNI per capita, PPP
$4,260
2025
$18,460
2025
Total reserves including gold
$409M
2025
$7B
2025
Total reserves ranking
163/177
2025
91/177
2025
Net foreign direct investment
-$5.35M
2023
-$2.73B
2024
Net inflows of foreign direct investment
$7.1M
2024
$2.78B
2024
Net outflows of foreign direct investment
$0
2024
$55.5M
2024
Servicing debt to the IMF, % of GNI
1.52%
2024
25.7%
2024
Poverty at national poverty lines
44.8%
2020
27.1%
2022
Gross capital formation, % of GDP
11.8%
2025
31.4%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1984–2005, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.