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Economy of Comoros vs Portugal compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.55B compared to $309B for Portugal, ranking 183/197 and 47/197 by economy size, respectively.

Comoros has $477M in government debt (32.5% of GDP), compared to $293B (91.8% of GDP) in Portugal.

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 $
Portugal
GDP, current $

GDP, constant 2015 $
Year GDP
Comoros Portugal
Current $ Constant $ Current $ Constant $
1960 - - $3,339,150,158 $36,024,040,923
1961 - - $3,573,719,085 $38,017,936,816
1962 - - $3,835,883,663 $40,532,613,390
1963 - - $4,084,251,593 $42,913,378,360
1964 - - $4,429,202,657 $45,621,533,262
1965 - - $4,901,711,248 $49,029,000,348
1966 - - $5,370,108,031 $51,028,358,579
1967 - - $6,002,607,030 $54,878,184,176
1968 - - $6,644,693,214 $59,748,902,480
1969 - - $7,287,555,035 $61,016,022,049
1970 - - $8,108,235,704 $66,576,925,869
1971 - - $9,201,604,240 $70,992,075,652
1972 - - $11,239,117,865 $76,682,584,737
1973 - - $15,090,564,186 $85,271,549,458
1974 - - $17,512,391,476 $86,246,084,606
1975 - - $19,347,607,843 $82,496,422,616
1976 - - $20,332,831,565 $88,188,866,692
1977 - - $21,439,523,311 $93,129,733,120
1978 - - $23,487,614,051 $95,752,234,803
1979 - - $26,622,819,672 $101,151,643,316
1980 $212,218,262 $339,631,220 $32,896,519,824 $105,793,836,370
1981 $196,349,932 $352,757,725 $31,977,276,873 $107,505,690,008
1982 $184,009,014 $375,275,369 $30,527,754,793 $109,801,340,397
1983 $191,621,955 $393,368,903 $27,239,650,742 $109,611,259,497
1984 $184,697,226 $409,537,545 $25,217,969,050 $107,550,590,904
1985 $196,726,096 $418,874,840 $27,115,807,742 $110,570,008,771
1986 $279,197,722 $426,697,798 $38,745,901,354 $115,148,663,222
1987 $337,525,853 $433,686,187 $48,182,925,857 $122,496,753,008
1988 $356,500,033 $445,340,980 $56,347,250,696 $131,670,667,369
1989 $341,476,768 $431,177,995 $60,594,092,182 $140,151,099,387
1990 $429,622,178 $453,130,286 $78,713,860,217 $145,687,801,045
1991 $424,108,770 $428,681,020 $89,233,599,278 $152,051,745,567
1992 $457,388,652 $465,251,719 $107,592,098,307 $153,708,313,184
1993 $452,881,475 $479,237,471 $95,009,751,901 $150,567,627,136
1994 $319,189,184 $453,949,150 $99,688,641,304 $152,020,361,238
1995 $398,461,797 $470,337,651 $118,122,007,430 $158,531,059,083
1996 $396,053,806 $464,262,352 $122,630,089,680 $164,086,378,186
1997 $364,445,601 $482,972,838 $117,016,535,163 $171,307,602,501
1998 $370,106,746 $489,167,041 $123,946,327,916 $179,544,008,921
1999 $382,454,990 $498,580,614 $127,470,385,557 $186,558,035,268
2000 $351,136,580 $552,666,034 $118,605,192,877 $193,677,420,326
2001 $378,512,024 $565,559,219 $121,604,107,165 $197,441,874,356
2002 $425,964,681 $578,708,159 $134,795,565,549 $198,964,002,686
2003 $546,885,223 $590,883,436 $165,226,175,537 $197,112,600,778
2004 $633,706,111 $602,226,388 $189,382,122,532 $200,638,423,883
2005 $653,845,169 $619,314,850 $197,253,876,705 $202,207,110,515
2006 $698,431,794 $635,707,838 $208,756,449,276 $205,493,047,483
2007 $795,673,153 $640,793,770 $240,496,147,317 $210,643,893,808
2008 $915,659,108 $666,198,752 $263,416,394,624 $211,316,368,842
2009 $905,341,173 $709,414,591 $244,667,762,836 $204,718,906,430
2010 $907,979,446 $743,473,998 $238,443,864,993 $208,276,152,361
2011 $1,023,087,476 $787,250,882 $245,426,767,676 $204,707,283,317
2012 $1,015,842,907 $836,931,449 $216,536,676,772 $196,414,790,540
2013 $1,116,223,107 $911,646,575 $226,677,408,292 $194,481,859,683
2014 $1,149,587,624 $947,161,529 $230,078,616,300 $195,923,731,498
2015 $966,029,600 $966,029,600 $199,038,523,120 $199,038,523,120
2016 $1,012,835,493 $992,887,430 $206,305,431,242 $203,027,536,337
2017 $1,077,439,756 $1,048,451,293 $220,862,990,767 $209,757,331,835
2018 $1,188,797,450 $1,091,014,284 $242,092,894,543 $215,937,375,270
2019 $1,195,019,531 $1,130,604,685 $240,115,970,063 $221,866,334,951
2020 $1,225,039,196 $1,175,888,998 $229,618,773,423 $203,663,018,609
2021 $1,299,039,312 $1,207,941,362 $256,055,879,091 $214,984,152,370
2022 $1,279,542,248 $1,241,985,921 $256,898,675,069 $230,002,605,109
2023 $1,430,523,436 $1,280,048,597 $289,696,962,620 $236,012,868,834
2024 $1,546,164,420 $1,323,426,672 $308,683,317,393 $240,564,244,985

Economic indicators

Comoros Portugal
Gross domestic product
$1.55B
2024
$309B
2024
GDP rank
183/197
2024
47/197
2024
GDP growth
8.08%
2023-2024
6.55%
2023-2024
GDP per capita
$1,784
2024
$28,844
2024
GDP per capita rank
158/197
2024
44/197
2024
GDP per capita, PPP
$4,055
2024
$50,617
2024
Government debt
$477M
2024
$293B
2024
Debt-to-GDP ratio
32.5%
2025
91.8%
2025
Government debt per person
$550
2024
$27,381
2024
Government debt per person rank
165/185
2024
26/185
2024
Average annual personal income after taxes
$1,909
2025
$15,657
2025
Market capitalization of domestic companies n/a
$61.9B
2018
Number of millionaires n/a
171,797
2024
Number of billionaires n/a
1
2025
Income share by richest 10%
33.6%
2014
26.9%
2023
Income share by poorest 10%
1.6%
2014
2.7%
2023
Government expenditure, % of GDP
21.6%
2025
43.7%
2025
Consumer prices inflation
3.3%
2024-2025
2.42%
2023-2024
Unemployment rate
4.39%
2021
6.43%
2024
Population
895828
10687819

GDP per capita in Comoros vs Portugal

Comoros' GDP per capita is $1,784, ranking 158/197, compared to $28,844 in Portugal, ranking 44/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 166th at $4,055, while Portugal ranks 42nd at $50,617.

Comoros
GDP per capita

GDP per capita, PPP
Portugal
GDP per capita

GDP per capita, PPP
Year Current $
Comoros Portugal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $377 -
1961 - - $400 -
1962 - - $426 -
1963 - - $452 -
1964 - - $490 -
1965 - - $545 -
1966 - - $601 -
1967 - - $676 -
1968 - - $752 -
1969 - - $832 -
1970 - - $934 -
1971 - - $1,065 -
1972 - - $1,302 -
1973 - - $1,748 -
1974 - - $2,000 -
1975 - - $2,128 -
1976 - - $2,173 -
1977 - - $2,267 -
1978 - - $2,457 -
1979 - - $2,756 -
1980 $628 - $3,368 -
1981 $565 - $3,246 -
1982 $515 - $3,080 -
1983 $522 - $2,735 -
1984 $489 - $2,523 -
1985 $507 - $2,705 -
1986 $699 - $3,862 -
1987 $822 - $4,804 -
1988 $845 - $5,624 -
1989 $788 - $6,056 -
1990 $966 $1,386 $7,885 $11,772
1991 $931 $1,323 $8,959 $12,731
1992 $983 $1,438 $10,811 $13,173
1993 $956 $1,489 $9,535 $13,194
1994 $662 $1,415 $9,977 $13,569
1995 $812 $1,471 $11,781 $14,397
1996 $794 $1,454 $12,185 $14,916
1997 $718 $1,512 $11,576 $15,786
1998 $716 $1,522 $12,199 $16,687
1999 $727 $1,546 $12,475 $17,718
2000 $655 $1,719 $11,526 $18,879
2001 $692 $1,762 $11,735 $19,531
2002 $762 $1,793 $12,937 $20,357
2003 $960 $1,831 $15,798 $20,852
2004 $1,091 $1,880 $18,064 $21,478
2005 $1,103 $1,954 $18,780 $22,725
2006 $1,155 $2,026 $19,839 $24,683
2007 $1,290 $2,056 $22,811 $25,739
2008 $1,455 $2,136 $24,949 $26,666
2009 $1,410 $2,244 $23,151 $26,458
2010 $1,387 $2,333 $22,552 $27,295
2011 $1,531 $2,472 $23,247 $26,803
2012 $1,490 $2,679 $20,593 $26,476
2013 $1,603 $2,833 $21,676 $27,966
2014 $1,616 $2,938 $22,121 $28,765
2015 $1,329 $2,949 $19,216 $29,616
2016 $1,365 $3,139 $19,980 $31,589
2017 $1,424 $3,347 $21,442 $32,971
2018 $1,541 $3,305 $23,541 $34,897
2019 $1,519 $3,313 $23,343 $37,866
2020 $1,527 $3,262 $22,299 $35,967
2021 $1,588 $3,449 $24,711 $38,658
2022 $1,534 $3,726 $24,621 $44,557
2023 $1,682 $3,903 $27,386 $47,426
2024 $1,784 $4,055 $28,844 $50,617

Spending and national debt comparison

In 2024, Comoros' government spending was $308M, accounting for 21.6% of its GDP, while Portugal's spent $132B, or 43.7% of GDP.

Debt-to-GDP ratio is 32.5% in Comoros and 91.8% in Portugal, ranking 157/185 and 32/185, respectively.

Comoros
Government spending

Government debt
Portugal
Government spending

Government debt
Year % of GDP
Comoros Portugal
Government spending Government debt Government spending Government debt
1960 - - 14.3% 16.4%
1961 - - 14.6% 17.1%
1962 - - 14.5% 18.7%
1963 - - 14.6% 20.8%
1964 - - 13.9% 21.9%
1965 - - 13.4% 20.4%
1966 - - 14.4% 20.2%
1967 - - 14.1% 18.5%
1968 - - 14.3% 17.2%
1969 - - 14.9% 16.8%
1970 - - 15.5% 16.5%
1971 - - 15.5% 15.7%
1972 - - 22.8% 14.5%
1973 - - 25.7% 13.6%
1974 - - 25.8% 13.5%
1975 - - 31.9% 19.2%
1976 - - 38.2% 24.5%
1977 - - 35.1% 26.9%
1978 - - 31.7% 31.4%
1979 - - 30.8% 35.2%
1980 - - 32.4% 31%
1981 - - 35.3% 39.3%
1982 - - 35.8% 43%
1983 - - 34.7% 46.7%
1984 23.3% 150.3% 34.6% 51.3%
1985 24.8% 142.9% 37.5% 59.4%
1986 25.6% 136.8% 38.9% 59.8%
1987 22.4% 128.9% 37.5% 57.2%
1988 20.2% 120% 36.2% 56.8%
1989 19.7% 113.8% 36.2% 55.4%
1990 20.3% 108.1% 42.2% 60.2%
1991 19.9% 103.9% 45.9% 63.9%
1992 20.4% 101% 48.2% 58.1%
1993 16.3% 95.7% 46.5% 57.2%
1994 21.8% 87.8% 42.8% 60.4%
1995 18.4% 77.7% 42.6% 62.2%
1996 15.5% 75.4% 43% 63.3%
1997 14.5% 70.9% 42.4% 58.7%
1998 13.1% 69.4% 42.6% 55.6%
1999 11.5% 64.5% 42.5% 55.4%
2000 9.74% 60.7% 42.8% 54.2%
2001 13% 53% 44.1% 57.4%
2002 14.3% 48.2% 44.2% 60%
2003 12.8% 44.4% 45.3% 63.9%
2004 11.7% 42.4% 46% 67.1%
2005 12.8% 39.9% 46.7% 72.2%
2006 12.5% 38.5% 45.2% 73.7%
2007 13.1% 35.6% 44.5% 72.7%
2008 15.1% 33.2% 45.3% 75.6%
2009 13.7% 31.7% 50.2% 87.8%
2010 13.3% 30.5% 51.8% 100.1%
2011 13.2% 27.7% 50% 114%
2012 14.9% 25.1% 48.8% 128.6%
2013 14.8% 10.3% 49.9% 130.8%
2014 14.5% 11.8% 51.6% 132.5%
2015 19.1% 14.3% 48.2% 131%
2016 18.9% 16.2% 44.9% 131.2%
2017 18.8% 18.9% 45.5% 126%
2018 19.2% 17% 43.3% 121.1%
2019 20.1% 21.2% 42.4% 116.1%
2020 18.8% 24.3% 49.1% 134.1%
2021 20% 26.3% 47.4% 123.9%
2022 18.4% 28.2% 43.8% 111.2%
2023 17.9% 28.7% 42% 97.7%
2024 19.9% 30.8% 42.8% 94.9%
2025 21.6% 32.5% 43.7% 91.8%

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 Portugal's surplus of $2.16B, or 0.7% of GDP.

Over the past 41 years, Comoros recorded a fiscal deficit in 34 of those years, while Portugal ran a deficit in 38 years. On average, Comoros posted an annual deficit equal to -1.44% of GDP, compared to deficit of -4.75% of GDP for Portugal.

Deficit/surplus
Comoros

Portugal
Year Deficit/surplus, % of GDP
Comoros Portugal
1880 - -1.63%
1881 - -1.2%
1882 - -0.39%
1883 - -1.1%
1884 - -1.48%
1885 - -1.68%
1886 - -1.43%
1887 - -0.67%
1888 - -2.14%
1889 - -1.95%
1890 - -2.01%
1891 - -2.15%
1892 - -0.8%
1893 - -0.02%
1894 - -0.16%
1895 - -0.2%
1896 - -1.35%
1897 - -0.93%
1898 - -0.5%
1899 - -0.77%
1900 - -0.35%
1901 - -0.69%
1902 - -0.5%
1903 - -0.91%
1904 - -0.26%
1905 - -0.75%
1906 - -0.45%
1907 - -0.69%
1908 - -0.56%
1909 - -0.82%
1910 - -0.19%
1911 - -0.73%
1912 - -0.02%
1913 - -0.34%
1914 - -0.34%
1915 - -0.34%
1916 - -0.34%
1917 - -5.49%
1918 - -8.3%
1919 - -8.83%
1920 - -5.66%
1921 - -6.5%
1922 - -10%
1923 - -3.47%
1924 - -3.16%
1925 - -1.48%
1926 - -4.21%
1927 - -2.27%
1928 - 0.2%
1929 - 1.86%
1930 - 0.79%
1931 - 0.04%
1932 - -0.03%
1933 - -0.07%
1934 - 0.6%
1935 - 0.75%
1936 - 0.08%
1937 - -0.09%
1938 - -0.08%
1939 - -0.73%
1940 - -1.74%
1941 - -0.08%
1942 - -0.35%
1943 - 0.03%
1944 - -1.44%
1945 - -2.38%
1946 - -2.32%
1947 - -1.65%
1948 - -2.04%
1949 - -0.46%
1950 - -0.83%
1951 - 0.94%
1952 - -0.34%
1953 - -0.35%
1954 - -0.58%
1955 - -0.31%
1956 - -0.18%
1957 - 0.08%
1958 - -0.52%
1959 - -1.73%
1960 - -3.13%
1961 - -3.17%
1962 - -1.69%
1963 - -3.33%
1964 - -1.93%
1965 - -0.03%
1966 - -2%
1967 - -0.46%
1968 - -1.24%
1969 - -1.53%
1970 - -0.24%
1971 - -0.23%
1972 - -7.72%
1973 - -5.39%
1974 - -3.2%
1975 - -7.1%
1976 - -10.2%
1977 - -7.5%
1978 - -7.15%
1979 - -6.08%
1980 - -6.92%
1981 - -8.34%
1982 - -7.02%
1983 - -4.86%
1984 -5.7% -5.23%
1985 -5.02% -8.35%
1986 -4.83% -7.45%
1987 -3.11% -6.79%
1988 -2.69% -3.52%
1989 -1.31% -2.86%
1990 -1.03% -6.82%
1991 -2.26% -7.93%
1992 -1.99% -5.19%
1993 1.27% -8.06%
1994 -3.7% -7.37%
1995 -4.13% -5.14%
1996 -3.43% -4.63%
1997 -1.3% -3.65%
1998 -2% -4.3%
1999 -0.46% -2.99%
2000 -1.14% -3.4%
2001 -2.13% -4.78%
2002 -2.15% -3.78%
2003 -2.05% -5.62%
2004 -0.98% -5.97%
2005 -1.41% -6.11%
2006 -1.51% -4.09%
2007 -1.18% -2.94%
2008 -1.46% -3.7%
2009 0.36% -9.87%
2010 4.2% -11.4%
2011 0.86% -7.65%
2012 1.96% -6.17%
2013 10.5% -5.1%
2014 -0.33% -7.3%
2015 2.6% -4.35%
2016 -5.52% -1.94%
2017 -0.1% -2.96%
2018 -1.35% -0.35%
2019 -4.3% 0.08%
2020 -0.52% -5.81%
2021 -2.81% -2.87%
2022 -4.17% -0.32%
2023 -1.34% 1.19%
2024 -3.5% 0.7%
2025 -2.4% 0.52%

Inflation comparison by year

Over the past 29 years, Comoros has recorded an average annual inflation rate of 3.32%, compared with 2.2% in Portugal. In 2024, inflation was 3.3% in Comoros and 2.42% in Portugal.

Inflation
Comoros

Portugal
Year Inflation
Comoros Portugal Comoros Portugal
1996 2.4% 3.07%
1997 1.5% 2.34%
1998 1.2% 2.57%
1999 1.1% 2.34%
2000 5.9% 2.85%
2001 5.6% 4.37%
2002 3.6% 3.6%
2003 3.7% 3.22%
2004 4.5% 2.37%
2005 3% 2.28%
2006 3.4% 3.11%
2007 4.5% 2.45%
2008 4.8% 2.59%
2009 4.8% -0.84%
2010 3.9% 1.4%
2011 2.2% 3.65%
2012 5.9% 2.77%
2013 0.4% 0.27%
2014 0% -0.28%
2015 0.9% 0.49%
2016 0.8% 0.61%
2017 0.1% 1.37%
2018 1.7% 0.99%
2019 3.7% 0.34%
2020 0.8% -0.01%
2021 0% 1.27%
2022 12.4% 7.83%
2023 8.5% 4.31%
2024 5% 2.42%
2025 3.3% -

Top exports between countries

Comoros
Export category Export value
Portugal
Export category Export value
Machinery & equipment $210K
Metals $167K
Animal & marine products $75K
Processed food, beverages & tobacco $18K
Chemicals & pharma $13K

Balance of trade

Comoros Portugal
Current account balance
-$24.6M
2023
$6.71B
2024
Current account balance ranking
77/189
2023
27/189
2024
Current account balance, % of GDP
-1.72%
2023
+2.17%
2024
Goods imports
$299M
2023
$109B
2024
Goods exports
$32.1M
2023
$81.9B
2024
Service imports
$205M
2023
$27.7B
2024
Service exports
$116M
2023
$62.3B
2024
Imports of goods and services, % of GDP
34.5%
2024
44.7%
2024
Exports of goods and services, % of GDP
9.91%
2024
46.5%
2024

Economic freedom indices

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

Comoros Portugal
Economic freedom 51.4 70.5
Economic freedom ranking 153/197 31/197
Property rights 22.9 90.1
Government integrity 16 63.9
Judicial effectiveness 20.9 91.3
Tax burden 65.3 59.8
Government spending 89.5 40.2
Fiscal health 86.1 79.7
Business freedom 49.9 79.6
Labor freedom 55.1 57.1
Monetary freedom 71.3 75.1
Trade freedom 64.2 79.6
Investment freedom 45 70
Financial freedom 30 60

Economic freedom by year comparison

The Economic Freedom Index for Comoros is 51.4, ranking 153/197, compared to 70.5 for Portugal, ranking 31/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Comoros
Portugal
Year Economic freedom index
Comoros Portugal
1995 - 62.4
1996 - 64.5
1997 - 63.6
1998 - 65
1999 - 65.6
2000 - 65.5
2001 - 66
2002 - 65.4
2003 - 64.9
2004 - 64.9
2005 - 62.4
2006 - 62.9
2007 - 64
2008 - 63.9
2009 43.3 64.9
2010 44.9 64.4
2011 43.8 64
2012 45.7 63
2013 47.5 63.1
2014 51.4 63.5
2015 52.1 65.3
2016 52.4 65.1
2017 55.8 62.6
2018 56.2 63.4
2019 55.4 65.3
2020 53.7 67
2021 55.7 67.5
2022 50.4 70.8
2023 53.5 69.5
2024 52 68.7
2025 51.4 70.5

More economic indicators

Comoros Portugal
Services, % of GDP
50.1%
2024
66.4%
2024
Industry, % of GDP
9.56%
2024
18.4%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
1.97%
2024
GNI, Atlas method
$1.47B
2024
$285B
2024
GNI per capita, PPP
$4,080
2024
$49,690
2024
Total reserves including gold
$324M
2024
$42.4B
2024
Total reserves ranking
166/177
2024
48/177
2024
Net foreign direct investment
-$5.35M
2023
-$6.47B
2024
Net inflows of foreign direct investment
$7.1M
2024
$13.2B
2024
Net outflows of foreign direct investment
$1.1M
1990
$6.71B
2024
Servicing debt to the IMF, % of GNI
1.31%
2023
n/a
Poverty at national poverty lines
44.8%
2020
16.4%
2021
Gross capital formation, % of GDP
11.7%
2024
20.1%
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.