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Economy of Comoros vs Nicaragua compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.55B compared to $19.7B for Nicaragua, ranking 183/197 and 131/197 by economy size, respectively.

Comoros has $477M in government debt (32.5% of GDP), compared to $7.7B (38.4% of GDP) in Nicaragua.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Comoros
GDP, current $

GDP, constant 2015 $
Nicaragua
GDP, current $

GDP, constant 2015 $
Year GDP
Comoros Nicaragua
Current $ Constant $ Current $ Constant $
1960 - - $227,223,322 $2,980,615,374
1961 - - $244,144,237 $3,204,094,266
1962 - - $269,283,804 $3,553,045,711
1963 - - $297,324,163 $3,939,101,155
1964 - - $347,119,918 $4,399,916,078
1965 - - $564,290,020 $4,819,014,941
1966 - - $607,140,010 $4,978,097,197
1967 - - $657,140,011 $5,325,046,369
1968 - - $692,859,985 $5,396,559,615
1969 - - $750,000,003 $5,733,181,025
1970 - - $778,569,939 $5,810,798,354
1971 - - $828,569,953 $6,002,831,090
1972 - - $878,570,045 $6,136,137,334
1973 - - $1,092,900,015 $6,529,894,124
1974 - - $1,521,400,012 $7,456,644,457
1975 - - $1,581,599,959 $7,445,217,381
1976 - - $1,836,899,999 $7,833,072,593
1977 - - $2,226,999,874 $8,488,581,747
1978 - - $2,127,699,979 $7,823,178,770
1979 - - $1,567,599,982 $5,751,695,781
1980 $212,218,262 $339,631,220 $2,144,300,006 $6,016,948,592
1981 $196,349,932 $352,757,725 $2,474,700,227 $6,339,655,005
1982 $184,009,014 $375,275,369 $2,454,499,872 $6,287,900,476
1983 $191,621,955 $393,368,903 $2,753,100,058 $6,577,974,632
1984 $184,697,226 $409,537,545 $3,117,599,872 $6,474,957,371
1985 $196,726,096 $418,874,840 $2,683,699,935 $6,210,659,228
1986 $279,197,722 $426,697,798 $2,885,799,994 $6,147,477,622
1987 $337,525,853 $433,686,187 $3,851,200,118 $6,104,054,733
1988 $356,500,033 $445,340,980 $2,630,900,096 $5,344,110,782
1989 $341,476,768 $431,177,995 $1,013,184,756 $5,251,218,576
1990 $429,622,178 $453,130,286 $1,009,455,484 $5,248,461,701
1991 $424,108,770 $428,681,020 $1,488,804,124 $5,238,527,334
1992 $457,388,652 $465,251,719 $1,792,800,000 $5,258,766,205
1993 $452,881,475 $479,237,471 $1,756,454,248 $5,238,102,617
1994 $319,189,184 $453,949,150 $3,863,185,119 $5,412,936,136
1995 $398,461,797 $470,337,651 $4,140,470,000 $5,732,943,937
1996 $396,053,806 $464,262,352 $4,308,351,903 $6,096,657,285
1997 $364,445,601 $482,972,838 $4,389,973,490 $6,338,490,398
1998 $370,106,746 $489,167,041 $4,635,347,386 $6,573,754,971
1999 $382,454,990 $498,580,614 $4,856,026,259 $7,036,282,429
2000 $351,136,580 $552,666,034 $5,109,587,050 $7,324,881,903
2001 $378,512,024 $565,559,219 $5,351,752,034 $7,541,760,192
2002 $425,964,681 $578,708,159 $5,223,727,303 $7,598,620,454
2003 $546,885,223 $590,883,436 $5,322,228,351 $7,790,161,380
2004 $633,706,111 $602,226,388 $5,792,932,838 $8,203,988,040
2005 $653,845,169 $619,314,850 $6,321,324,279 $8,555,315,487
2006 $698,431,794 $635,707,838 $6,763,672,381 $8,910,613,085
2007 $795,673,153 $640,793,770 $7,423,375,015 $9,362,947,173
2008 $915,659,108 $666,198,752 $8,496,967,597 $9,684,631,534
2009 $905,341,173 $709,414,591 $8,298,702,489 $9,365,749,046
2010 $907,979,446 $743,473,998 $8,758,602,233 $9,778,787,862
2011 $1,023,087,476 $787,250,882 $9,774,329,333 $10,396,483,140
2012 $1,015,842,907 $836,931,449 $10,532,017,232 $11,071,852,873
2013 $1,116,223,107 $911,646,575 $10,982,988,249 $11,617,373,487
2014 $1,149,587,624 $947,161,529 $11,880,438,824 $12,173,318,264
2015 $966,029,600 $966,029,600 $12,756,696,261 $12,756,696,261
2016 $1,012,835,493 $992,887,430 $13,286,093,388 $13,338,803,114
2017 $1,077,439,756 $1,048,451,293 $13,785,893,007 $13,956,550,775
2018 $1,188,797,450 $1,091,014,284 $13,025,221,974 $13,487,142,195
2019 $1,195,019,531 $1,130,604,685 $12,699,023,614 $13,096,437,236
2020 $1,225,039,196 $1,175,888,998 $12,726,422,432 $12,803,529,948
2021 $1,299,039,312 $1,207,941,362 $14,209,020,362 $14,142,060,837
2022 $1,279,542,248 $1,241,985,921 $15,634,572,502 $14,644,146,346
2023 $1,430,523,436 $1,280,048,597 $17,805,842,284 $15,292,551,635
2024 $1,546,164,420 $1,323,426,672 $19,693,982,968 $15,841,222,425

Economic indicators

Comoros Nicaragua
Gross domestic product
$1.55B
2024
$19.7B
2024
GDP rank
183/197
2024
131/197
2024
GDP growth
8.08%
2023-2024
10.6%
2023-2024
GDP per capita
$1,784
2024
$2,848
2024
GDP per capita rank
158/197
2024
141/197
2024
GDP per capita, PPP
$4,055
2024
$8,709
2024
Government debt
$477M
2024
$7.7B
2024
Debt-to-GDP ratio
32.5%
2025
38.4%
2025
Government debt per person
$550
2024
$1,114
2024
Government debt per person rank
165/185
2024
139/185
2024
Average annual personal income after taxes
$1,909
2025
$2,445
2025
Income share by richest 10%
33.6%
2014
37.2%
2014
Income share by poorest 10%
1.6%
2014
2%
2014
Government expenditure, % of GDP
21.6%
2025
27.2%
2025
Consumer prices inflation
3.3%
2024-2025
2%
2024-2025
Central bank interest rate n/a
6.5%
2024
Unemployment rate
4.39%
2021
5.2%
2018
Population
895828
7079664

GDP per capita in Comoros vs Nicaragua

Comoros' GDP per capita is $1,784, ranking 158/197, compared to $2,848 in Nicaragua, ranking 141/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 166th at $4,055, while Nicaragua ranks 135th at $8,709.

Comoros
GDP per capita

GDP per capita, PPP
Nicaragua
GDP per capita

GDP per capita, PPP
Year Current $
Comoros Nicaragua
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $127.5 -
1961 - - $132.9 -
1962 - - $142.3 -
1963 - - $152.5 -
1964 - - $172.7 -
1965 - - $272.3 -
1966 - - $284 -
1967 - - $297.9 -
1968 - - $304 -
1969 - - $319 -
1970 - - $321 -
1971 - - $331 -
1972 - - $341 -
1973 - - $413 -
1974 - - $557 -
1975 - - $561 -
1976 - - $633 -
1977 - - $744 -
1978 - - $691 -
1979 - - $495 -
1980 $628 - $659 -
1981 $565 - $740 -
1982 $515 - $714 -
1983 $522 - $780 -
1984 $489 - $861 -
1985 $507 - $724 -
1986 $699 - $761 -
1987 $822 - $992 -
1988 $845 - $662 -
1989 $788 - $249.2 -
1990 $966 $1,386 $242.5 $1,979
1991 $931 $1,323 $350 $1,995
1992 $983 $1,438 $411 $2,003
1993 $956 $1,489 $394 $1,998
1994 $662 $1,415 $849 $2,064
1995 $812 $1,471 $892 $2,187
1996 $794 $1,454 $911 $2,325
1997 $718 $1,512 $913 $2,418
1998 $716 $1,522 $949 $2,497
1999 $727 $1,546 $980 $2,672
2000 $655 $1,719 $1,017 $2,806
2001 $692 $1,762 $1,052 $2,917
2002 $762 $1,793 $1,014 $2,948
2003 $960 $1,831 $1,021 $3,046
2004 $1,091 $1,880 $1,099 $3,255
2005 $1,103 $1,954 $1,183 $3,456
2006 $1,155 $2,026 $1,248 $3,658
2007 $1,290 $2,056 $1,350 $3,891
2008 $1,455 $2,136 $1,524 $4,044
2009 $1,410 $2,244 $1,467 $3,880
2010 $1,387 $2,333 $1,527 $4,042
2011 $1,531 $2,472 $1,680 $4,325
2012 $1,490 $2,679 $1,785 $4,508
2013 $1,603 $2,833 $1,835 $4,711
2014 $1,616 $2,938 $1,958 $5,068
2015 $1,329 $2,949 $2,074 $5,449
2016 $1,365 $3,139 $2,132 $5,882
2017 $1,424 $3,347 $2,183 $6,225
2018 $1,541 $3,305 $2,035 $5,935
2019 $1,519 $3,313 $1,959 $5,981
2020 $1,527 $3,262 $1,938 $6,274
2021 $1,588 $3,449 $2,138 $7,119
2022 $1,534 $3,726 $2,323 $7,797
2023 $1,682 $3,903 $2,609 $8,320
2024 $1,784 $4,055 $2,848 $8,709

Spending and national debt comparison

In 2024, Comoros' government spending was $308M, accounting for 21.6% of its GDP, while Nicaragua's spent $5.14B, or 27.2% of GDP.

Debt-to-GDP ratio is 32.5% in Comoros and 38.4% in Nicaragua, ranking 157/185 and 140/185, respectively.

Comoros
Government spending

Government debt
Nicaragua
Government spending

Government debt
Year % of GDP
Comoros Nicaragua
Government spending Government debt Government spending Government debt
1960 - - 11.2% -
1961 - - 9.93% -
1962 - - 10.6% -
1963 - - 10.5% -
1964 - - 10.2% -
1965 - - 10.9% -
1966 - - 12.2% -
1967 - - 12.7% -
1968 - - 10.9% -
1969 - - 11.1% -
1970 - - 13.2% 35.4%
1971 - - 15.1% 31.6%
1972 - - 15.1% 30.2%
1973 - - 12.8% 32.9%
1974 - - 15.3% 40%
1975 - - 17.5% 57.8%
1976 - - 16.2% 59.5%
1977 - - 19.9% 62.7%
1978 - - 17.7% 76.9%
1979 - - 20.7% 116.3%
1980 - - 30.4% 152.1%
1981 - - 39.3% 149.1%
1982 - - 49.4% 159.1%
1983 - - 33.8% 211.6%
1984 23.3% 150.3% 31.9% 198%
1985 24.8% 142.9% 29.9% 218%
1986 25.6% 136.8% 26.1% 159.2%
1987 22.4% 128.9% - 266.6%
1988 20.2% 120% 24.8% -
1989 19.7% 113.8% - -
1990 20.3% 108.1% 28.2% -
1991 19.9% 103.9% 16.8% -
1992 20.4% 101% 18.4% -
1993 16.3% 95.7% 18.4% -
1994 21.8% 87.8% 18.4% -
1995 18.4% 77.7% 17.7% -
1996 15.5% 75.4% 18% -
1997 14.5% 70.9% 17.9% 86.4%
1998 13.1% 69.4% 18.5% 86.5%
1999 11.5% 64.5% 22.1% 99.8%
2000 9.74% 60.7% 20.6% 95.2%
2001 13% 53% 19.2% 87.5%
2002 14.3% 48.2% 18.7% 110.4%
2003 12.8% 44.4% 20.9% 109.5%
2004 11.7% 42.4% 20.8% 84%
2005 12.8% 39.9% 21.3% 66.6%
2006 12.5% 38.5% 21.4% 51.2%
2007 13.1% 35.6% 21.5% 30.9%
2008 15.1% 33.2% 21.9% 26%
2009 13.7% 31.7% 22.7% 29.3%
2010 13.3% 30.5% 22.6% 30.3%
2011 13.2% 27.7% 23.5% 28.8%
2012 14.9% 25.1% 24.1% 27.9%
2013 14.8% 10.3% 24.2% 28.8%
2014 14.5% 11.8% 24.6% 28.7%
2015 19.1% 14.3% 25.4% 28.9%
2016 18.9% 16.2% 26.8% 30.9%
2017 18.8% 18.9% 27.3% 34.7%
2018 19.2% 17% 27.7% 39.1%
2019 20.1% 21.2% 27.7% 44.2%
2020 18.8% 24.3% 28.9% 49.2%
2021 20% 26.3% 30% 48.4%
2022 18.4% 28.2% 28.6% 45.9%
2023 17.9% 28.7% 26.1% 42.3%
2024 19.9% 30.8% 26.1% 39.1%
2025 21.6% 32.5% 27.2% 38.4%

Government deficit by year

In 2024, Comoros' government deficit, the difference between spending and revenue, was -$54.2M, equivalent to -3.5% of GDP. This compares to Nicaragua's surplus of $482M, or 2.45% of GDP.

Over the past 41 years, Comoros recorded a fiscal deficit in 34 of those years, while Nicaragua ran a deficit in 26 years. On average, Comoros posted an annual deficit equal to -1.44% of GDP, compared to deficit of -2.97% of GDP for Nicaragua.

Deficit/surplus
Comoros

Nicaragua
Year Deficit/surplus, % of GDP
Comoros Nicaragua
1960 - -1.28%
1961 - 0.04%
1962 - -0.29%
1963 - 0.75%
1964 - 0.2%
1965 - 0.3%
1966 - -1.04%
1967 - -2.11%
1968 - -1.21%
1969 - -1.57%
1970 - -2.69%
1971 - -2.33%
1972 - -2.61%
1973 - 1.21%
1974 - -1.41%
1975 - -3.53%
1976 - -2.2%
1977 - -5.91%
1978 - -4.44%
1979 - -5.89%
1980 - -6.53%
1981 - -10.6%
1982 - -20.2%
1983 - -15.6%
1984 -5.7% -11.8%
1985 -5.02% -11.3%
1986 -4.83% -7.33%
1987 -3.11% -7.33%
1988 -2.69% -22.4%
1989 -1.31% -9.25%
1990 -1.03% -15.2%
1991 -2.26% -3.45%
1992 -1.99% -3.8%
1993 1.27% -4.66%
1994 -3.7% -5.79%
1995 -4.13% -4.62%
1996 -3.43% -5%
1997 -1.3% -3.31%
1998 -2% -2.88%
1999 -0.46% -6.86%
2000 -1.14% 2.15%
2001 -2.13% 0.34%
2002 -2.15% 2.07%
2003 -2.05% 1.3%
2004 -0.98% 1.69%
2005 -1.41% 1.72%
2006 -1.51% 1.36%
2007 -1.18% 1.88%
2008 -1.46% 0.27%
2009 0.36% -0.9%
2010 4.2% 0.69%
2011 0.86% 0.59%
2012 1.96% 0.22%
2013 10.5% -0.3%
2014 -0.33% -0.89%
2015 2.6% -1.64%
2016 -5.52% -1.92%
2017 -0.1% -1.75%
2018 -1.35% -4.35%
2019 -4.3% -1.12%
2020 -0.52% -2.57%
2021 -2.81% -1.26%
2022 -4.17% 0.65%
2023 -1.34% 2.33%
2024 -3.5% 2.45%
2025 -2.4% 0.86%

Inflation comparison by year

Over the past 30 years, Comoros has recorded an average annual inflation rate of 3.32%, compared with 7.49% in Nicaragua. In 2025, inflation was 3.3% in Comoros and 2% in Nicaragua.

Inflation
Comoros

Nicaragua
Year Inflation
Comoros Nicaragua Comoros Nicaragua
1996 2.4% 11.7%
1997 1.5% 9.2%
1998 1.2% 13%
1999 1.1% 11.2%
2000 5.9% 11.5%
2001 5.6% 7.4%
2002 3.6% 3.8%
2003 3.7% 5.3%
2004 4.5% 8.5%
2005 3% 9.6%
2006 3.4% 9.1%
2007 4.5% 11.1%
2008 4.8% 19.8%
2009 4.8% 3.7%
2010 3.9% 5.5%
2011 2.2% 8.1%
2012 5.9% 7.2%
2013 0.4% 7.1%
2014 0% 6%
2015 0.9% 4%
2016 0.8% 3.5%
2017 0.1% 3.9%
2018 1.7% 4.9%
2019 3.7% 5.4%
2020 0.8% 3.7%
2021 0% 4.9%
2022 12.4% 10.5%
2023 8.5% 8.4%
2024 5% 4.6%
2025 3.3% 2%

Balance of trade

Comoros Nicaragua
Current account balance
-$24.6M
2023
$818M
2024
Current account balance ranking
77/189
2023
54/189
2024
Current account balance, % of GDP
-1.72%
2023
+4.15%
2024
Goods imports
$299M
2023
$10.1B
2024
Goods exports
$32.1M
2023
$6.84B
2024
Service imports
$205M
2023
$1.31B
2024
Service exports
$116M
2023
$1.3B
2024
Imports of goods and services, % of GDP
34.5%
2024
58.1%
2024
Exports of goods and services, % of GDP
9.91%
2024
40.5%
2024

Economic freedom indices

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

Comoros Nicaragua
Economic freedom 51.4 54
Economic freedom ranking 153/197 139/197
Property rights 22.9 28.2
Government integrity 16 13.6
Judicial effectiveness 20.9 9.1
Tax burden 65.3 77.7
Government spending 89.5 75.9
Fiscal health 86.1 95.8
Business freedom 49.9 55.8
Labor freedom 55.1 47.3
Monetary freedom 71.3 66.4
Trade freedom 64.2 68.2
Investment freedom 45 60
Financial freedom 30 50

Economic freedom by year comparison

The Economic Freedom Index for Comoros is 51.4, ranking 153/197, compared to 54 for Nicaragua, ranking 139/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Comoros
Nicaragua
Year Economic freedom index
Comoros Nicaragua
1995 - 42.5
1996 - 54.1
1997 - 53.3
1998 - 53.8
1999 - 54
2000 - 56.9
2001 - 58
2002 - 61.1
2003 - 62.6
2004 - 61.4
2005 - 62.5
2006 - 63.8
2007 - 62.7
2008 - 60.8
2009 43.3 59.8
2010 44.9 58.3
2011 43.8 58.8
2012 45.7 57.9
2013 47.5 56.6
2014 51.4 58.4
2015 52.1 57.6
2016 52.4 58.6
2017 55.8 59.2
2018 56.2 58.9
2019 55.4 57.7
2020 53.7 57.2
2021 55.7 56.3
2022 50.4 54.8
2023 53.5 54.9
2024 52 53.4
2025 51.4 54

More economic indicators

Comoros Nicaragua
Services, % of GDP
50.1%
2024
46.8%
2024
Industry, % of GDP
9.56%
2024
27.6%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
14.4%
2024
GNI, Atlas method
$1.47B
2024
$17.4B
2024
GNI per capita, PPP
$4,080
2024
$8,270
2024
Total reserves including gold
$324M
2024
$6.1B
2024
Total reserves ranking
166/177
2024
91/177
2024
Net foreign direct investment
-$5.35M
2023
-$1.28B
2024
Net inflows of foreign direct investment
$7.1M
2024
$1.35B
2024
Net outflows of foreign direct investment
$1.1M
1990
$73.8M
2024
Servicing debt to the IMF, % of GNI
1.31%
2023
13.8%
2023
Poverty at national poverty lines
44.8%
2020
24.9%
2016
Gross capital formation, % of GDP
11.7%
2024
24.7%
2024

GDP per capita map

GDP per capita

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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.