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Economy of Comoros vs Mozambique compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.44B compared to $22.7B for Mozambique, ranking 183/197 and 123/197 by economy size, respectively.

Comoros has $463M in government debt (32.2% of GDP), compared to $21.2B (93.2% of GDP) in Mozambique.

Comoros vs Mozambique GDP by year

Comoros
Mozambique
1x
Year GDP, current $
Comoros Mozambique
2024 $1,440,991,455 $22,745,341,305
2023 $1,326,836,543 $20,921,079,533
2022 $1,222,485,532 $18,883,528,581
2021 $1,272,238,391 $16,168,055,475
2020 $1,218,763,671 $14,235,420,174
2019 $1,187,915,409 $15,512,759,047
2018 $1,178,530,633 $15,017,358,953
2017 $1,077,439,757 $13,264,640,646
2016 $1,012,835,493 $12,069,051,237
2015 $966,029,601 $16,208,985,770
2014 $1,149,587,661 $17,978,246,586
2013 $1,116,224,107 $17,198,073,057
2012 $1,015,843,491 $16,688,114,144
2011 $1,023,086,274 $14,619,279,989
2010 $907,978,731 $11,411,894,724
2009 $905,341,173 $12,263,894,790
2008 $915,659,108 $12,920,340,965
2007 $795,673,153 $10,811,456,006
2006 $688,498,642 $9,509,835,537
2005 $655,375,096 $8,868,504,900
2004 $622,679,660 $7,937,255,565
2003 $546,830,041 $6,583,526,861
2002 $427,360,070 $5,950,769,427
2001 $372,746,486 $5,650,154,067
2000 $339,504,306 $5,930,685,215
1999 $371,921,712 $6,285,219,691
1998 $363,932,160 $5,551,118,149
1997 $362,816,806 $4,873,663,775
1996 $392,488,149 $4,030,146,135
1995 $392,774,714 $3,061,646,174
1994 $314,789,556 $2,958,108,170
1993 $427,750,823 $2,883,161,897
1992 $436,552,922 $2,798,696,511
1991 $400,592,663 $3,854,856,435
1990 $401,561,022 -
1989 $328,665,081 -
1988 $336,422,522 -
1987 $313,292,323 -
1986 $258,143,903 -
1985 $191,944,892 -
1984 $189,102,734 -
1983 $196,193,380 -
1982 $202,152,462 -
1981 $212,958,382 -
1980 $243,390,496 -

Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).

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

GDP per capita in Comoros vs Mozambique by year

Comoros
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
1x
Year Current $
Comoros Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,663 $3,959 $657 $1,705
2023 $1,560 $3,812 $622 $1,678
2022 $1,465 $3,642 $578 $1,582
2021 $1,555 $3,378 $510 $1,457
2020 $1,519 $3,245 $462 $1,412
2019 $1,510 $3,293 $519 $1,389
2018 $1,527 $3,276 $518 $1,326
2017 $1,424 $3,347 $471 $1,283
2016 $1,365 $3,139 $441 $1,379
2015 $1,329 $2,949 $611 $1,318
2014 $1,616 $2,938 $697 $1,166
2013 $1,603 $2,833 $687 $1,114
2012 $1,490 $2,679 $686 $1,076
2011 $1,531 $2,472 $618 $1,064
2010 $1,387 $2,372 $496 $1,000
2009 $1,410 $2,304 $548 $951
2008 $1,455 $2,262 $592 $916
2007 $1,290 $2,178 $508 $862
2006 $1,138 $2,146 $457 $798
2005 $1,106 $2,162 $437 $721
2004 $1,072 $2,025 $400 $673
2003 $960 $1,949 $339 $620
2002 $765 $1,912 $314 $580
2001 $681 $1,838 $305 $533
2000 $633 $1,741 $327 $472
1999 $707 $1,753 $354 $468
1998 $704 $1,713 $320 $422
1997 $715 $1,723 $287.5 $387
1996 $786 $1,651 $244.4 $350
1995 $801 $1,657 $191.8 $321
1994 $653 $1,564 $196.8 $326
1993 $903 $1,623 $205.2 $321
1992 $939 $1,575 $205.6 $292
1991 $879 $1,464 $288.7 $315
1990 $903 $1,546 - $296
1989 $759 - - -
1988 $798 - - -
1987 $763 - - -
1986 $646 - - -
1985 $494 - - -
1984 $501 - - -
1983 $534 - - -
1982 $566 - - -
1981 $613 - - -
1980 $721 - - -

Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).

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

Comoros' GDP per capita is $1,663, ranking 161/197, compared to $657 in Mozambique, ranking 189/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 167th at $3,959, while Mozambique ranks 192nd at $1,705.

Economic indicators

Comoros Mozambique
Gross domestic product
$1.44B
2024
$22.7B
2024
GDP rank
183/197
2024
123/197
2024
GDP growth
3.34%
2023-2024
2.15%
2023-2024
GDP per capita
$1,663
2024
$657
2024
GDP per capita rank
161/197
2024
189/197
2024
GDP per capita, PPP
$3,959
2024
$1,705
2024
GDP per capita PPP rank
167/197
2024
192/197
2024
Government debt
$463M
2024
$21.2B
2024
Debt-to-GDP ratio
32.2%
2024
93.2%
2024
Government debt per person
$535
2024
$612
2024
Government debt per person rank
166/185
2024
159/185
2024
Average annual personal income after taxes
$2,192
2026
$1,778
2026
Income share by richest 10%
33.6%
2014
40.8%
2022
Income share by poorest 10%
1.6%
2014
1.7%
2022
Government expenditure, % of GDP
19.1%
2024
33.2%
2024
Consumer prices inflation
5%
2023-2024
3.2%
2023-2024
Central bank interest rate n/a
9.75%
2025
Unemployment rate
4.39%
2021
6.79%
2022
Population
903776
36941128

Spending and national debt comparison by year

Comoros
Spending

Debt
Mozambique
Spending

Debt
1x
Year % of GDP
Comoros Mozambique
Government spending Government debt Government spending Government debt
2024 19.1% 32.2% 33.2% 93.2%
2023 17.9% 28.7% 33.3% 90.9%
2022 18.4% 28.2% 32.9% 100.3%
2021 20% 26.3% 32.1% 104.3%
2020 18.8% 24.3% 33.9% 120%
2019 20.1% 21.2% 28% 98.3%
2018 19.2% 17% 32.9% 105.5%
2017 18.8% 18.9% 29.5% 103.8%
2016 18.9% 16.2% 29.1% 124.8%
2015 19.1% 14.3% 32.2% 86%
2014 14.5% 11.8% 39.7% 63.4%
2013 14.8% 10.3% 31.7% 49.5%
2012 14.9% 25.1% 28.1% 36.7%
2011 13.2% 27.7% 28.9% 34.2%
2010 13.3% 30.5% 26.7% 38.6%
2009 13.7% 31.7% 25.7% 39.3%
2008 15.1% 33.2% 21.3% 32.8%
2007 13.1% 35.6% 20.9% 31.2%
2006 12.5% 38.5% 20.1% 40%
2005 12.8% 39.9% 17% 60.1%
2004 11.7% 42.4% 17.8% 50.8%
2003 12.8% 44.4% 18.6% 63.2%
2002 14.3% 48.2% 18.6% 63.4%
2001 13% 53% 20.8% 99.8%
2000 9.74% 60.7% 17.2% 95.8%
1999 11.5% 64.5% 15.6% 94.7%
1998 13.1% 69.4% 14.9% -
1997 14.5% 70.9% 16.5% -
1996 15.5% 75.4% 14.9% -
1995 18.4% 77.7% 18.8% -
1994 21.8% 87.8% 22.9% -
1993 16.3% 95.7% 20.7% -
1992 20.4% 101% 21.1% -
1991 19.9% 103.9% 17.3% -
1990 20.3% 108.1% 21% -
1989 19.7% 113.7% 27% -
1988 20.2% 119.9% 27% -
1987 22.4% 128.8% 22.9% -
1986 25.6% 136.6% 24.2% -
1985 24.8% 142.8% 21% -
1984 23.3% 150.1% 30.9% -
1983 - - 35.3% -
1982 - - 27% -
1981 - - 23.8% -
1980 - - 14.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

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

In 2024, Comoros' government spending was $276M, accounting for 19.1% of its GDP, while Mozambique spent $7.56B, or 33.2% of GDP.

Debt-to-GDP ratio is 32.2% in Comoros and 93.2% in Mozambique, ranking 153/185 and 28/185, respectively.

Government deficit by year

Deficit/surplus
Comoros

Mozambique
1x
Year Deficit/surplus, % of GDP
Comoros Mozambique
2024 -2.92% -6.17%
2023 -1.34% -4.26%
2022 -3.93% -5.22%
2021 -2.81% -5.23%
2020 -0.52% -6.19%
2019 -4.3% 1.7%
2018 -1.35% -7.39%
2017 -0.1% -2.9%
2016 -5.52% -5.42%
2015 2.6% -6.55%
2014 -0.33% -9.75%
2013 10.5% -2.46%
2012 1.96% -3.45%
2011 0.86% -4.34%
2010 4.2% -3.5%
2009 0.36% -4.35%
2008 -1.46% -1.9%
2007 -1.18% -2.19%
2006 -1.51% -3.03%
2005 -1.41% -2.06%
2004 -0.98% -3.17%
2003 -2.05% -2.64%
2002 -2.15% -3.36%
2001 -2.13% -4.43%
2000 -1.14% -1.26%
1999 -0.46% -0.31%
1998 -2% -1.08%
1997 -1.3% -1.81%
1996 -3.43% -2.07%
1995 -4.13% -2.46%
1994 -3.7% -4%
1993 1.27% -2.53%
1992 -1.99% -1.85%
1991 -2.26% -2.01%
1990 -1.03% -4.42%
1989 -1.31% -4.23%
1988 -2.69% -6.47%
1987 -3.11% -7.24%
1986 -4.83% -12.1%
1985 -5.02% -9.69%
1984 -5.7% -13.4%
1983 - -15.8%
1982 - -3.61%
1981 - -7.41%
1980 - -1.47%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

GeoRank.org/economy/comoros/mozambique | 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 Mozambique's deficit of $1.4B, or 6.17% of GDP.

Over the past 34 years, Comoros recorded a fiscal deficit in 27 of those years, while Mozambique ran a deficit in 33 years. On average, Comoros posted an annual deficit equal to 1.02% of GDP, compared to deficit of 3.46% of GDP for Mozambique.

Inflation comparison by year

Inflation
Comoros

Mozambique
1x
Year Consumer prices inflation
Comoros Mozambique
2024 5% 3.2%
2023 8.5% 7%
2022 12.4% 10.4%
2021 0% 6.6%
2020 0.8% 0.9%
2019 3.7% 5.7%
2018 1.7% 3.2%
2017 0.1% 15.8%
2016 0.8% 18.4%
2015 0.9% 3.6%
2014 0% 2.6%
2013 0.4% 4.3%
2012 5.9% 2.6%
2011 2.2% 11.2%
2010 3.9% 12.4%
2009 4.8% 3.8%
2008 4.8% 14.5%
2007 4.5% 10.4%
2006 3.4% 13.2%
2005 3% 6.4%
2004 4.5% 12.6%
2003 3.7% 13.5%
2002 3.6% 16.8%
2001 5.6% 9.1%
2000 5.9% 12.7%
1999 1.1% 2.9%
1998 1.2% 1.5%
1997 1.5% 7.4%

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

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

Over the past 28 years, Comoros has recorded an average annual inflation rate of 3.35%, compared with 8.31% in Mozambique. In 2024, inflation was 5% in Comoros and 3.2% in Mozambique.

Top exports between countries

Comoros
Export category Export value
Textiles & consumer goods $29K
Processed food, beverages & tobacco $14K
Machinery & equipment $2K
Precious metals & jewellery $2K
Mozambique
Export category Export value

Balance of trade

Comoros Mozambique
Current account balance
-$24.6M
2023
-$2.49B
2024
Current account balance ranking
80/190
2023
150/190
2024
Current account balance, % of GDP
-1.86%
2023
-11%
2024
Goods imports
$299M
2023
$8.38B
2024
Goods exports
$32.1M
2023
$8.21B
2024
Service imports
$205M
2023
$2.11B
2024
Service exports
$116M
2023
$1.15B
2024
Imports of goods and services, % of GDP
34.5%
2024
52.8%
2024
Exports of goods and services, % of GDP
9.91%
2024
42.8%
2024

Economic freedom indices

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

Comoros Mozambique
Economic freedom 52.7 49.6
Economic freedom ranking 145/197 164/197
Property rights 25.3 29.7
Government integrity 17.9 25.1
Judicial effectiveness 23.1 43.4
Tax burden 65.3 75.8
Government spending 89.8 67
Fiscal health 86 39.1
Business freedom 55.3 40.2
Labor freedom 56.2 47.7
Monetary freedom 73.8 76.2
Trade freedom 64.2 71.2
Investment freedom 45 40
Financial freedom 30 40

Economic freedom comparison by year

Comoros
Mozambique
1x
Year Economic freedom index
Comoros Mozambique
2026 52.7 49.6
2025 51.4 50.7
2024 52 50.7
2023 53.5 52.5
2022 50.4 51.3
2021 55.7 51.6
2020 53.7 50.5
2019 55.4 48.6
2018 56.2 46.3
2017 55.8 49.9
2016 52.4 53.2
2015 52.1 54.8
2014 51.4 55
2013 47.5 55
2012 45.7 57.1
2011 43.8 56.8
2010 44.9 56
2009 43.3 55.7
2008 - 55.4
2007 - 54.7
2006 - 51.9
2005 - 54.6
2004 - 57.2
2003 - 58.6
2002 - 57.7
2001 - 59.2
2000 - 52.2
1999 - 48.9
1998 - 43
1997 - 44
1996 - 48.4
1995 - 45.5

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

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

The Economic Freedom Index for Comoros is 52.7, ranking 145/197, compared to 49.6 for Mozambique, ranking 164/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Comoros Mozambique
Services, % of GDP
50.1%
2024
41.1%
2024
Industry, % of GDP
9.56%
2024
21.9%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
25.2%
2024
GNI, Atlas method
$1.38B
2024
$19.1B
2024
GNI per capita, PPP
$3,980
2024
$1,520
2024
Total reserves including gold
$324M
2024
$3.84B
2024
Total reserves ranking
166/177
2024
108/177
2024
Net foreign direct investment
-$5.35M
2023
-$3.55B
2024
Net inflows of foreign direct investment
$7.1M
2024
$3.51B
2024
Net outflows of foreign direct investment
$0
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI
1.7%
2024
22.4%
2024
Poverty at national poverty lines
44.8%
2020
65%
2022
Gross capital formation, % of GDP
11.7%
2024
17.7%
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/mozambique | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2021, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.