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Economy of Comoros vs Norway compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.44B compared to $484B for Norway, ranking 183/197 and 32/197 by economy size, respectively.

Comoros has $463M in government debt (32.2% of GDP), compared to $207B (42.7% of GDP) in Norway.

Comoros vs Norway GDP by year

Comoros
Norway
1x
Year GDP, current $
Comoros Norway
2024 $1,440,991,455 $483,592,648,313
2023 $1,326,836,543 $482,949,731,777
2022 $1,222,485,532 $596,297,651,036
2021 $1,272,238,391 $503,367,986,030
2020 $1,218,763,671 $367,633,418,887
2019 $1,187,915,409 $408,742,840,909
2018 $1,178,530,633 $439,788,625,884
2017 $1,077,439,757 $401,745,275,035
2016 $1,012,835,493 $370,956,547,619
2015 $966,029,601 $388,159,512,246
2014 $1,149,587,661 $501,736,471,833
2013 $1,116,224,107 $526,014,468,085
2012 $1,015,843,491 $512,777,309,841
2011 $1,023,086,274 $501,360,549,669
2010 $907,978,731 $431,052,143,940
2009 $905,341,173 $387,976,400,617
2008 $915,659,108 $464,917,553,191
2007 $795,673,153 $402,643,260,488
2006 $688,498,642 $346,915,160,682
2005 $655,375,096 $309,978,579,744
2004 $622,679,660 $265,268,662,473
2003 $546,830,041 $229,385,469,337
2002 $427,360,070 $195,914,852,576
2001 $372,746,486 $174,239,354,071
2000 $339,504,306 $171,457,201,936
1999 $371,921,712 $162,383,706,021
1998 $363,932,160 $154,230,295,158
1997 $362,816,806 $161,356,631,888
1996 $392,488,149 $163,520,109,151
1995 $392,774,714 $152,029,612,325
1994 $314,789,556 $127,131,319,429
1993 $427,750,823 $120,579,213,713
1992 $436,552,922 $130,838,040,068
1991 $400,592,663 $121,872,464,483
1990 $401,561,022 $119,791,843,060
1989 $328,665,081 $102,633,934,391
1988 $336,422,522 $101,900,260,856
1987 $313,292,323 $94,229,907,236
1986 $258,143,903 $78,693,118,044
1985 $191,944,892 $65,416,879,914
1984 $189,102,734 $62,057,955,033
1983 $196,193,380 $61,627,240,831
1982 $202,152,462 $62,647,195,538
1981 $212,958,382 $63,596,654,761
1980 $243,390,496 $64,439,382,896
1979 - $53,132,244,624
1978 - $46,522,900,254
1977 - $41,508,030,431
1976 - $35,942,270,686
1975 - $32,877,805,200
1974 - $27,145,693,810
1973 - $22,534,253,703
1972 - $17,358,610,850
1971 - $14,583,114,840
1970 - $12,814,123,115
1969 - $11,136,187,440
1968 - $10,227,087,165
1967 - $9,577,383,653
1966 - $8,753,940,267
1965 - $8,111,945,661
1964 - $7,206,522,122
1963 - $6,553,269,536
1962 - $6,107,076,929
1961 - $5,669,689,210
1960 - $5,197,398,721

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

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

GDP per capita in Comoros vs Norway by year

Comoros
GDP per capita

GDP per capita, PPP
Norway
GDP per capita

GDP per capita, PPP
1x
Year Current $
Comoros Norway
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,663 $3,959 $86,785 $102,038
2023 $1,560 $3,812 $87,497 $103,638
2022 $1,465 $3,642 $109,270 $125,490
2021 $1,555 $3,378 $93,073 $88,984
2020 $1,519 $3,245 $68,340 $67,111
2019 $1,510 $3,293 $76,431 $70,940
2018 $1,527 $3,276 $82,793 $70,254
2017 $1,424 $3,347 $76,132 $64,590
2016 $1,365 $3,139 $70,867 $59,280
2015 $1,329 $2,949 $74,810 $60,738
2014 $1,616 $2,938 $97,667 $66,332
2013 $1,603 $2,833 $103,554 $67,378
2012 $1,490 $2,679 $102,176 $65,774
2011 $1,531 $2,472 $101,222 $62,460
2010 $1,387 $2,372 $88,163 $58,213
2009 $1,410 $2,304 $80,348 $55,648
2008 $1,455 $2,262 $97,504 $62,073
2007 $1,290 $2,178 $85,502 $56,179
2006 $1,138 $2,146 $74,434 $54,358
2005 $1,106 $2,162 $67,047 $47,967
2004 $1,072 $2,025 $57,769 $42,667
2003 $960 $1,949 $50,250 $38,680
2002 $765 $1,912 $43,171 $38,056
2001 $681 $1,838 $38,602 $37,829
2000 $633 $1,741 $38,178 $36,994
1999 $707 $1,753 $36,393 $30,574
1998 $704 $1,713 $34,803 $28,200
1997 $715 $1,723 $36,629 $28,610
1996 $786 $1,651 $37,322 $26,826
1995 $801 $1,657 $34,876 $24,360
1994 $653 $1,564 $29,316 $23,027
1993 $903 $1,623 $27,964 $21,584
1992 $939 $1,575 $30,524 $20,623
1991 $879 $1,464 $28,597 $19,580
1990 $903 $1,546 $28,243 $18,461
1989 $759 - $24,281 -
1988 $798 - $24,207 -
1987 $763 - $22,506 -
1986 $646 - $18,883 -
1985 $494 - $15,754 -
1984 $501 - $14,989 -
1983 $534 - $14,928 -
1982 $566 - $15,225 -
1981 $613 - $15,513 -
1980 $721 - $15,772 -
1979 - - $13,047 -
1978 - - $11,463 -
1977 - - $10,266 -
1976 - - $8,927 -
1975 - - $8,204 -
1974 - - $6,812 -
1973 - - $5,690 -
1972 - - $4,414 -
1971 - - $3,736 -
1970 - - $3,306 -
1969 - - $2,894 -
1968 - - $2,680 -
1967 - - $2,531 -
1966 - - $2,333 -
1965 - - $2,179 -
1964 - - $1,951 -
1963 - - $1,787 -
1962 - - $1,678 -
1961 - - $1,571 -
1960 - - $1,451 -

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

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

Comoros' GDP per capita is $1,663, ranking 161/197, compared to $86,785 in Norway, ranking 8/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 167th at $3,959, while Norway ranks 7th at $102,038.

Economic indicators

Comoros Norway
Gross domestic product
$1.44B
2024
$484B
2024
GDP rank
183/197
2024
32/197
2024
GDP growth
3.34%
2023-2024
2.1%
2023-2024
GDP per capita
$1,663
2024
$86,785
2024
GDP per capita rank
161/197
2024
8/197
2024
GDP per capita, PPP
$3,959
2024
$102,038
2024
GDP per capita PPP rank
167/197
2024
7/197
2024
Government debt
$463M
2024
$207B
2024
Debt-to-GDP ratio
32.2%
2024
42.7%
2024
Government debt per person
$535
2024
$37,074
2024
Government debt per person rank
166/185
2024
17/185
2024
Average annual personal income after taxes
$2,192
2026
$49,765
2026
Market capitalization of domestic companies n/a
$296B
2019
Number of millionaires n/a
348,000
2025
Number of billionaires n/a
17
2025
Income share by richest 10%
33.6%
2014
21.6%
2023
Income share by poorest 10%
1.6%
2014
3.6%
2023
Government expenditure, % of GDP
19.1%
2024
48.5%
2024
Consumer prices inflation
5%
2023-2024
3.15%
2023-2024
Central bank interest rate n/a
4%
2025
Unemployment rate
4.39%
2021
3.98%
2024
Population
903776
5671119

Spending and national debt comparison by year

Comoros
Spending

Debt
Norway
Spending

Debt
1x
Year % of GDP
Comoros Norway
Government spending Government debt Government spending Government debt
2024 19.1% 32.2% 48.5% 42.7%
2023 17.9% 28.7% 45.9% 44.1%
2022 18.4% 28.2% 37.5% 36.1%
2021 20% 26.3% 46.3% 41.6%
2020 18.8% 24.3% 56.7% 46%
2019 20.1% 21.2% 50.2% 40.5%
2018 19.2% 17% 47.7% 39.3%
2017 18.8% 18.9% 49.2% 38.2%
2016 18.9% 16.2% 50.4% 37.9%
2015 19.1% 14.3% 48.2% 34.3%
2014 14.5% 11.8% 45.2% 29.6%
2013 14.8% 10.3% 43.5% 31.4%
2012 14.9% 25.1% 42.4% 30.9%
2011 13.2% 27.7% 43.3% 29.6%
2010 13.3% 30.5% 44.5% 43%
2009 13.7% 31.7% 45.6% 42.5%
2008 15.1% 33.2% 39.8% 47.5%
2007 13.1% 35.6% 41% 49.5%
2006 12.5% 38.5% 40.5% 52.6%
2005 12.8% 39.9% 41.8% 42.3%
2004 11.7% 42.4% 44.7% 43.8%
2003 12.8% 44.4% 47.6% 43.1%
2002 14.3% 48.2% 46.1% 33.9%
2001 13% 53% 43.2% 27.2%
2000 9.74% 60.7% 41.3% 28.7%
1999 11.5% 64.5% 46.4% 25%
1998 13.1% 69.4% 47.8% 23.6%
1997 14.5% 70.9% 45.5% 25.8%
1996 15.5% 75.4% 47% 28.4%
1995 18.4% 77.7% 49.3% 32.7%
1994 21.8% 87.8% 49.4% 50.6%
1993 16.3% 95.7% 50.2% 53.7%
1992 20.4% 101% 51.3% 45%
1991 19.9% 103.9% 50% 39.2%
1990 20.3% 108.1% 48.9% 28.9%
1989 19.7% 113.7% 52.2% 30.4%
1988 20.2% 119.9% 52.6% 30.5%
1987 22.4% 128.8% 50.5% 31.3%
1986 25.6% 136.6% 48.1% 37.8%
1985 24.8% 142.8% 44% 30.2%
1984 23.3% 150.1% 44.5% 27.8%
1983 - - 46.4% 27.4%
1982 - - 46.6% 29.7%
1981 - - 46.1% 32.9%
1980 - - 46.1% 36.8%
1979 - - 47.2% 39.6%
1978 - - 47.9% 49.9%
1977 - - 46.5% 43.8%
1976 - - 45.2% 38.5%
1975 - - 43.5% 36.7%
1974 - - 42.2% 35.4%
1973 - - 42.3% 37.7%
1972 - - 42.2% 38.9%
1971 - - 40.7% 38.5%
1970 - - 38.9% 38.6%
1969 - - 38% 22.3%
1968 - - 36.2% 22.5%
1967 - - 34.9% 22.6%
1966 - - 33.5% 22.4%
1965 - - 32.9% 23%
1964 - - 32% 24.2%
1963 - - 31.9% 25.3%
1962 - - 30.6% 26.7%
1961 - - 20.4% 27.7%
1960 - - 18% 29.8%

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/norway | CC BY

In 2024, Comoros' government spending was $276M, accounting for 19.1% of its GDP, while Norway spent $234B, or 48.5% of GDP.

Debt-to-GDP ratio is 32.2% in Comoros and 42.7% in Norway, ranking 153/185 and 127/185, respectively.

Government deficit by year

Deficit/surplus
Comoros

Norway
1x
Year Deficit/surplus, % of GDP
Comoros Norway
2024 -2.92% 13.2%
2023 -1.34% 16.6%
2022 -3.93% 25.5%
2021 -2.81% 10.3%
2020 -0.52% -2.56%
2019 -4.3% 6.52%
2018 -1.35% 7.81%
2017 -0.1% 4.96%
2016 -5.52% 4.04%
2015 2.6% 5.99%
2014 -0.33% 8.57%
2013 10.5% 10.6%
2012 1.96% 13.7%
2011 0.86% 13.3%
2010 4.2% 10.9%
2009 0.36% 10.2%
2008 -1.46% 18.5%
2007 -1.18% 17%
2006 -1.51% 17.9%
2005 -1.41% 14.7%
2004 -0.98% 10.8%
2003 -2.05% 7.2%
2002 -2.15% 9.03%
2001 -2.13% 13.2%
2000 -1.14% 15%
1999 -0.46% 5.71%
1998 -2% 3.07%
1997 -1.3% 7.35%
1996 -3.43% 6.01%
1995 -4.13% 2.96%
1994 -3.7% 0.04%
1993 1.27% -1.64%
1992 -1.99% -2.07%
1991 -2.26% -0.12%
1990 -1.03% 1.95%
1989 -1.31% 1.81%
1988 -2.69% 2.65%
1987 -3.11% 4.56%
1986 -4.83% 5.87%
1985 -5.02% 9.84%
1984 -5.7% 6.97%
1983 - 6.03%
1982 - 3.96%
1981 - 4.82%
1980 - 5.38%
1979 - 2.16%
1978 - 0.94%
1977 - 1.01%
1976 - 2.2%
1975 - 2.88%
1974 - 4.06%
1973 - 4.99%
1972 - 3.93%
1971 - 3.71%
1970 - 2.83%
1969 - 3.57%
1968 - 3.38%
1967 - 4.19%
1966 - 3.59%
1965 - 2.78%
1964 - 3.08%
1963 - 2.6%
1962 - 4%
1961 - -0.7%
1960 - 1.42%
1959 - 1.89%
1958 - 1.7%
1957 - 1.55%
1956 - 1.22%
1955 - 0.82%
1954 - -0.54%
1953 - 1.3%
1952 - 2.15%
1951 - 1.59%
1950 - -0.89%
1949 - -0.72%
1948 - -0.35%
1947 - -4.66%
1946 - -3.82%
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -0.54%
1938 - 0.03%
1937 - -0.16%
1936 - -0.7%
1935 - -1.1%
1934 - -0.59%
1933 - -1.29%
1932 - -1.14%
1931 - -1.15%
1930 - -0.46%
1929 - -0.83%
1928 - -0.81%
1927 - -0.76%
1926 - -1.59%
1925 - -1.92%
1924 - -2.96%
1923 - -3.58%
1922 - -4.28%
1921 - -5.47%
1920 - -1.15%
1919 - -2.11%
1918 - -1.17%
1917 - 0.2%
1916 - -0.36%
1915 - -2.04%
1914 - -1.09%
1913 - -0.9%
1912 - -0.89%
1911 - -0.05%
1910 - 0.3%
1909 - -0.52%
1908 - -0.06%
1907 - 0.16%
1906 - -0.59%
1905 - -0.52%
1904 - -0.75%
1903 - -1.12%
1902 - -1.52%
1901 - -1.41%
1900 - -1.99%
1899 - -1.35%
1898 - -1.39%
1897 - -0.63%
1896 - -1.57%
1895 - -1.66%
1894 - -1.13%
1893 - -1.25%
1892 - -0.94%
1891 - -0.44%
1890 - -0.2%
1889 - -0.07%
1888 - -0.23%
1887 - -0.17%
1886 - -0.2%
1885 - -0.005%
1884 - -0.08%
1883 - -0.17%
1882 - -0.62%
1881 - -1.13%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1881–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/comoros/norway | 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 Norway's surplus of $64.1B, or 13.2% of GDP.

Over the past 41 years, Comoros recorded a fiscal deficit in 34 of those years, while Norway ran a deficit in 4 years. On average, Comoros posted an annual deficit equal to 1.42% of GDP, compared to surplus of 8.24% of GDP for Norway.

Inflation comparison by year

Inflation
Comoros

Norway
1x
Year Consumer prices inflation
Comoros Norway
2024 5% 3.15%
2023 8.5% 5.52%
2022 12.4% 5.76%
2021 0% 3.48%
2020 0.8% 1.29%
2019 3.7% 2.17%
2018 1.7% 2.76%
2017 0.1% 1.88%
2016 0.8% 3.55%
2015 0.9% 2.17%
2014 0% 2.04%
2013 0.4% 2.12%
2012 5.9% 0.7%
2011 2.2% 1.28%
2010 3.9% 2.42%
2009 4.8% 2.2%
2008 4.8% 3.75%
2007 4.5% 0.71%
2006 3.4% 2.33%
2005 3% 1.53%
2004 4.5% 0.45%
2003 3.7% 2.49%
2002 3.6% 1.29%
2001 5.6% 3%
2000 5.9% 3.09%
1999 1.1% 2.37%
1998 1.2% 2.25%
1997 1.5% 2.57%

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/norway | CC BY

Over the past 28 years, Comoros has recorded an average annual inflation rate of 3.35%, compared with 2.44% in Norway. In 2024, inflation was 5% in Comoros and 3.15% in Norway.

Top exports between countries

Comoros
Export category Export value
Norway
Export category Export value
Machinery & equipment $14K

Balance of trade

Comoros Norway
Current account balance
-$24.6M
2023
$71.6B
2024
Current account balance ranking
80/190
2023
11/190
2024
Current account balance, % of GDP
-1.86%
2023
+14.8%
2024
Goods imports
$299M
2023
$97.5B
2024
Goods exports
$32.1M
2023
$162B
2024
Service imports
$205M
2023
$63.6B
2024
Service exports
$116M
2023
$55.6B
2024
Imports of goods and services, % of GDP
34.5%
2024
33.9%
2024
Exports of goods and services, % of GDP
9.91%
2024
47.5%
2024

Economic freedom indices

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

Comoros Norway
Economic freedom 52.7 78.8
Economic freedom ranking 145/197 9/197
Property rights 25.3 99.6
Government integrity 17.9 94.3
Judicial effectiveness 23.1 96.4
Tax burden 65.3 63.3
Government spending 89.8 42
Fiscal health 86 96.4
Business freedom 55.3 91.2
Labor freedom 56.2 69.3
Monetary freedom 73.8 72.4
Trade freedom 64.2 85.6
Investment freedom 45 75
Financial freedom 30 60

Economic freedom comparison by year

Comoros
Norway
1x
Year Economic freedom index
Comoros Norway
2026 52.7 78.8
2025 51.4 78.3
2024 52 77.5
2023 53.5 76.9
2022 50.4 76.9
2021 55.7 73.4
2020 53.7 73.4
2019 55.4 73
2018 56.2 74.3
2017 55.8 74
2016 52.4 70.8
2015 52.1 71.8
2014 51.4 70.9
2013 47.5 70.5
2012 45.7 68.8
2011 43.8 70.3
2010 44.9 69.4
2009 43.3 70.2
2008 - 68.6
2007 - 67.9
2006 - 67.9
2005 - 64.5
2004 - 66.2
2003 - 67.2
2002 - 67.4
2001 - 67.1
2000 - 70.1
1999 - 68.6
1998 - 68
1997 - 65.1
1996 - 65.4

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Comoros is 52.7, ranking 145/197, compared to 78.8 for Norway, ranking 9/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Comoros Norway
Services, % of GDP
50.1%
2024
51.8%
2024
Industry, % of GDP
9.56%
2024
37%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
2.08%
2024
GNI, Atlas method
$1.38B
2024
$547B
2024
GNI per capita, PPP
$3,980
2024
$106,830
2024
Total reserves including gold
$324M
2024
$81.2B
2024
Total reserves ranking
166/177
2024
32/177
2024
Net foreign direct investment
-$5.35M
2023
-$7.83B
2024
Net inflows of foreign direct investment
$7.1M
2024
$12B
2024
Net outflows of foreign direct investment
$0
2024
$4.95B
2024
Servicing debt to the IMF, % of GNI
1.7%
2024
n/a
Poverty at national poverty lines
44.8%
2020
12.2%
2021
Gross capital formation, % of GDP
11.7%
2024
24.1%
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/norway | 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 (1881–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2024, retrieved 2026-02-08)

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.