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Economy of Comoros vs Turkey compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.44B compared to $1.36T for Turkey, ranking 183/197 and 17/197 by economy size, respectively.

Comoros has $463M in government debt (32.2% of GDP), compared to $327B (24% of GDP) in Turkey.

Comoros vs Turkey GDP by year

Comoros
Turkey
1x
Year GDP, current $
Comoros Turkey
2024 $1,440,991,455 $1,359,123,768,774
2023 $1,326,836,543 $1,141,242,864,657
2022 $1,222,485,532 $926,097,476,914
2021 $1,272,238,391 $839,938,668,172
2020 $1,218,763,671 $733,628,247,119
2019 $1,187,915,409 $775,853,144,223
2018 $1,178,530,633 $788,356,985,774
2017 $1,077,439,757 $863,874,522,365
2016 $1,012,835,493 $870,818,016,910
2015 $966,029,601 $865,460,050,684
2014 $1,149,587,661 $942,343,431,929
2013 $1,116,224,107 $962,167,643,589
2012 $1,015,843,491 $885,327,622,479
2011 $1,023,086,274 $844,192,507,381
2010 $907,978,731 $782,545,664,268
2009 $905,341,173 $653,894,449,921
2008 $915,659,108 $775,415,944,333
2007 $795,673,153 $685,228,481,017
2006 $688,498,642 $559,668,118,237
2005 $655,375,096 $508,314,210,213
2004 $622,679,660 $410,156,784,496
2003 $546,830,041 $315,392,899,922
2002 $427,360,070 $240,778,008,474
2001 $372,746,486 $202,195,080,239
2000 $339,504,306 $274,748,463,179
1999 $371,921,712 $256,673,939,248
1998 $363,932,160 $276,035,372,655
1997 $362,816,806 $263,817,553,748
1996 $392,488,149 $250,366,965,174
1995 $392,774,714 $234,699,627,004
1994 $314,789,556 $130,650,447,499
1993 $427,750,823 $180,415,757,852
1992 $436,552,922 $159,104,772,992
1991 $400,592,663 $151,034,731,544
1990 $401,561,022 $150,655,500,192
1989 $328,665,081 $107,127,191,329
1988 $336,422,522 $90,875,175,809
1987 $313,292,323 $87,190,081,680
1986 $258,143,903 $75,673,037,037
1985 $191,944,892 $67,232,758,621
1984 $189,102,734 $59,937,602,180
1983 $196,193,380 $61,803,555,556
1982 $202,152,462 $64,369,325,153
1981 $212,958,382 $71,180,180,180
1980 $243,390,496 $68,823,684,211
1979 - $89,616,129,032
1978 - $65,912,500,000
1977 - $58,683,333,333
1976 - $51,450,000,000
1975 - $46,042,857,143
1974 - $35,414,285,714
1973 - $26,000,000,000
1972 - $20,650,000,000
1971 - $16,166,666,667
1970 - $17,863,636,364
1969 - $19,466,666,667
1968 - $17,500,000,000
1967 - $15,644,444,444
1966 - $14,100,000,000
1965 - $11,966,666,667
1964 - $11,177,777,778
1963 - $10,355,555,556
1962 - $8,922,222,222
1961 - $7,988,888,889
1960 - $7,566,666,667

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

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

GDP per capita in Comoros vs Turkey by year

Comoros
GDP per capita

GDP per capita, PPP
Turkey
GDP per capita

GDP per capita, PPP
1x
Year Current $
Comoros Turkey
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,663 $3,959 $15,893 $45,639
2023 $1,560 $3,812 $13,375 $42,786
2022 $1,465 $3,642 $10,898 $39,564
2021 $1,555 $3,378 $9,982 $32,106
2020 $1,519 $3,245 $8,798 $29,209
2019 $1,510 $3,293 $9,395 $29,016
2018 $1,527 $3,276 $9,684 $28,640
2017 $1,424 $3,347 $10,756 $28,354
2016 $1,365 $3,139 $10,984 $26,731
2015 $1,329 $2,949 $11,065 $25,890
2014 $1,616 $2,938 $12,209 $24,193
2013 $1,603 $2,833 $12,636 $22,475
2012 $1,490 $2,679 $11,777 $20,739
2011 $1,531 $2,472 $11,374 $19,717
2010 $1,387 $2,372 $10,699 $17,466
2009 $1,410 $2,304 $9,077 $15,560
2008 $1,455 $2,262 $10,913 $16,142
2007 $1,290 $2,178 $9,767 $14,951
2006 $1,138 $2,146 $7,990 $13,555
2005 $1,106 $2,162 $7,332 $11,803
2004 $1,072 $2,025 $5,980 $10,759
2003 $960 $1,949 $4,650 $9,474
2002 $765 $1,912 $3,591 $9,154
2001 $681 $1,838 $3,052 $9,014
2000 $633 $1,741 $4,199 $9,326
1999 $707 $1,753 $3,974 $8,470
1998 $704 $1,713 $4,331 $8,763
1997 $715 $1,723 $4,197 $11,514
1996 $786 $1,651 $4,041 $10,624
1995 $801 $1,657 $3,846 $9,962
1994 $653 $1,564 $2,176 $9,253
1993 $903 $1,623 $3,058 $9,751
1992 $939 $1,575 $2,744 $8,969
1991 $879 $1,464 $2,649 $8,418
1990 $903 $1,546 $2,690 $8,208
1989 $759 - $1,949 -
1988 $798 - $1,686 -
1987 $763 - $1,650 -
1986 $646 - $1,461 -
1985 $494 - $1,326 -
1984 $501 - $1,209 -
1983 $534 - $1,276 -
1982 $566 - $1,360 -
1981 $613 - $1,537 -
1980 $721 - $1,516 -
1979 - - $2,013 -
1978 - - $1,510 -
1977 - - $1,372 -
1976 - - $1,228 -
1975 - - $1,122 -
1974 - - $881 -
1973 - - $661 -
1972 - - $537 -
1971 - - $431 -
1970 - - $488 -
1969 - - $544 -
1968 - - $501 -
1967 - - $459 -
1966 - - $425 -
1965 - - $370 -
1964 - - $354 -
1963 - - $337 -
1962 - - $298.2 -
1961 - - $274.4 -
1960 - - $267.1 -

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

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

Comoros' GDP per capita is $1,663, ranking 161/197, compared to $15,893 in Turkey, ranking 66/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 167th at $3,959, while Turkey ranks 51st at $45,639.

Economic indicators

Comoros Turkey
Gross domestic product
$1.44B
2024
$1.36T
2024
GDP rank
183/197
2024
17/197
2024
GDP growth
3.34%
2023-2024
3.33%
2023-2024
GDP per capita
$1,663
2024
$15,893
2024
GDP per capita rank
161/197
2024
66/197
2024
GDP per capita, PPP
$3,959
2024
$45,639
2024
GDP per capita PPP rank
167/197
2024
51/197
2024
Government debt
$463M
2024
$327B
2024
Debt-to-GDP ratio
32.2%
2024
24%
2024
Government debt per person
$535
2024
$3,820
2024
Government debt per person rank
166/185
2024
92/185
2024
Average annual personal income after taxes
$2,192
2026
$10,928
2026
Market capitalization of domestic companies n/a
$379B
2024
Number of millionaires n/a
60,787
2025
Number of billionaires n/a
32
2025
Income share by richest 10%
33.6%
2014
35.2%
2022
Income share by poorest 10%
1.6%
2014
2.1%
2022
Government expenditure, % of GDP
19.1%
2024
32.6%
2024
Consumer prices inflation
5%
2023-2024
58.5%
2023-2024
Central bank interest rate n/a
38%
2025
Unemployment rate
4.39%
2021
8.71%
2024
Population
903776
86002379

Spending and national debt comparison by year

Comoros
Spending

Debt
Turkey
Spending

Debt
1x
Year % of GDP
Comoros Turkey
Government spending Government debt Government spending Government debt
2024 19.1% 32.2% 32.6% 24%
2023 17.9% 28.7% 32.5% 28.7%
2022 18.4% 28.2% 26.8% 30.2%
2021 20% 26.3% 30.5% 39.4%
2020 18.8% 24.3% 34% 38.7%
2019 20.1% 21.2% 34.8% 31.8%
2018 19.2% 17% 33.9% 29.5%
2017 18.8% 18.9% 32.4% 27.6%
2016 18.9% 16.2% 33.8% 27.7%
2015 19.1% 14.3% 32.4% 27.1%
2014 14.5% 11.8% 32.5% 28.2%
2013 14.8% 10.3% 33.5% 30.8%
2012 14.9% 25.1% 34% 32.1%
2011 13.2% 27.7% 32.6% 35.7%
2010 13.3% 30.5% 35.2% 39.2%
2009 13.7% 31.7% 37% 42.9%
2008 15.1% 33.2% 33.5% 37.5%
2007 13.1% 35.6% 32.7% 37.5%
2006 12.5% 38.5% 33.4% 44%
2005 12.8% 39.9% 32% 50%
2004 11.7% 42.4% 34.5% 57%
2003 12.8% 44.4% 38.3% 65%
2002 14.3% 48.2% 40.9% 71.3%
2001 13% 53% 43.9% 75.3%
2000 9.74% 60.7% 39.4% 51.2%
1999 11.5% 64.5% 32.7% 52.1%
1998 13.1% 69.4% 27.9% 36.5%
1997 14.5% 70.9% 26.4% 32.5%
1996 15.5% 75.4% 24.5% 35.5%
1995 18.4% 77.7% 19.4% 34.6%
1994 21.8% 87.8% 20.5% 39.2%
1993 16.3% 95.7% 22% 29.1%
1992 20.4% 101% 18.6% 29.2%
1991 19.9% 103.9% 18.2% 28.4%
1990 20.3% 108.1% 14.1% 25.8%
1989 19.7% 113.7% 13.8% 33.5%
1988 20.2% 119.9% 12.9% 38.6%
1987 22.4% 128.8% 13.3% 40.3%
1986 25.6% 136.6% 12.1% 38.2%
1985 24.8% 142.8% 18% 44.3%
1984 23.3% 150.1% 14.1% 42.6%
1983 - - 14.9% 32.7%
1982 - - 19.2% 33.4%
1981 - - 24% 32%
1980 - - 25.5% 22.4%
1979 - - 28.3% 23.6%
1978 - - 27.6% 25.8%
1977 - - 27.8% 24%
1976 - - 23.3% 20.4%
1975 - - 22% 20.2%
1974 - - 19% 19%
1973 - - 21.8% 23.1%
1972 - - 21.9% 30.1%
1971 - - 24.8% 34.4%
1970 - - 22.7% 39.8%
1969 - - 20.5% 33.2%
1968 - - 19% 33.2%
1967 - - 20.1% 33.3%
1966 - - 18.9% 33.4%
1965 - - 19% 33.4%
1964 - - 18.9% 25.7%
1963 - - 17.5% 27.6%
1962 - - 15.7% 28.8%
1961 - - 22.9% 28.9%
1960 - - 15.6% 19.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Comoros' government spending was $276M, accounting for 19.1% of its GDP, while Turkey spent $444B, or 32.6% of GDP.

Debt-to-GDP ratio is 32.2% in Comoros and 24% in Turkey, ranking 153/185 and 170/185, respectively.

Government deficit by year

Deficit/surplus
Comoros

Turkey
1x
Year Deficit/surplus, % of GDP
Comoros Turkey
2024 -2.92% -4.57%
2023 -1.34% -5.22%
2022 -3.93% -1.1%
2021 -2.81% -2.98%
2020 -0.52% -4.64%
2019 -4.3% -4.69%
2018 -1.35% -3.1%
2017 -0.1% -1.87%
2016 -5.52% -1.68%
2015 2.6% -0.51%
2014 -0.33% -0.96%
2013 10.5% -1.21%
2012 1.96% -1.78%
2011 0.86% -0.35%
2010 4.2% -2.99%
2009 0.36% -5.14%
2008 -1.46% -2.13%
2007 -1.18% -1.37%
2006 -1.51% -0.22%
2005 -1.41% -0.75%
2004 -0.98% -4.11%
2003 -2.05% -7.55%
2002 -2.15% -11.3%
2001 -2.13% -11.6%
2000 -1.14% -8.36%
1999 -0.46% -13.8%
1998 -2% -9.84%
1997 -1.3% -10.1%
1996 -3.43% -10.7%
1995 -4.13% -5.95%
1994 -3.7% -6.04%
1993 1.27% -8.84%
1992 -1.99% -6.73%
1991 -2.26% -6.86%
1990 -1.03% -3.65%
1989 -1.31% -3.87%
1988 -2.69% -3.2%
1987 -3.11% -3.47%
1986 -4.83% -2.43%
1985 -5.02% -5.84%
1984 -5.7% -3.77%
1983 - -1.45%
1982 - -1.61%
1981 - -1.5%
1980 - -3.67%
1979 - -3.06%
1978 - -1.83%
1977 - -5.1%
1976 - -0.6%
1975 - -0.19%
1974 - -1.02%
1973 - -0.98%
1972 - -0.13%
1971 - -3.05%
1970 - 0.14%
1969 - -1.45%
1968 - -0.62%
1967 - 0.1%
1966 - -0.66%
1965 - -1.18%
1964 - -0.84%
1963 - 0%
1962 - -0.16%
1961 - -1%
1960 - -0.83%
1959 - -0.78%
1958 - -0.45%
1957 - -0.66%
1956 - -0.84%
1955 - -0.85%
1954 - -1.12%
1953 - -0.12%
1952 - -0.1%
1951 - 0.48%
1950 - -0.53%
1949 - 0.81%
1948 - 0.84%
1947 - -
1946 - -
1945 - 1.01%
1944 - -
1943 - 0.22%
1942 - -
1941 - -
1940 - -
1939 - -
1938 - 1.18%
1937 - -
1936 - 1.43%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1936–1999, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/comoros/turkey | 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 Turkey's deficit of $62.1B, or 4.57% of GDP.

Over the past 41 years, Comoros recorded a fiscal deficit in 34 of those years, while Turkey ran a deficit in 41 years. On average, Comoros posted an annual deficit equal to 1.42% of GDP, compared to deficit of 4.76% of GDP for Turkey.

Inflation comparison by year

Inflation
Comoros

Turkey
1x
Year Consumer prices inflation
Comoros Turkey
2024 5% 58.5%
2023 8.5% 53.9%
2022 12.4% 72.3%
2021 0% 19.6%
2020 0.8% 12.3%
2019 3.7% 15.2%
2018 1.7% 16.3%
2017 0.1% 11.1%
2016 0.8% 7.78%
2015 0.9% 7.67%
2014 0% 8.85%
2013 0.4% 7.49%
2012 5.9% 8.89%
2011 2.2% 6.47%
2010 3.9% 8.57%
2009 4.8% 6.25%
2008 4.8% 10.4%
2007 4.5% 8.76%
2006 3.4% 9.6%
2005 3% 8.18%
2004 4.5% 8.6%
2003 3.7% 21.6%
2002 3.6% 45%
2001 5.6% 54.4%
2000 5.9% 54.9%
1999 1.1% 64.9%
1998 1.2% 84.6%
1997 1.5% 85.7%

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/turkey | CC BY

Over the past 28 years, Comoros has recorded an average annual inflation rate of 3.35%, compared with 27.8% in Turkey. In 2024, inflation was 5% in Comoros and 58.5% in Turkey.

Top exports between countries

Comoros
Export category Export value
Raw agricultural goods $181K
Turkey
Export category Export value
Metals $7.43M
Raw agricultural goods $4.02M
Raw materials & minerals $3.63M
Miscellaneous $1.98M
Processed food, beverages & tobacco $1.67M
Machinery & equipment $1.25M
Textiles & consumer goods $563K
Animal & marine products $356K
Chemicals & pharma $153K
Wood & paper products $39K

Balance of trade

Comoros Turkey
Current account balance
-$24.6M
2023
-$10.2B
2024
Current account balance ranking
80/190
2023
176/190
2024
Current account balance, % of GDP
-1.86%
2023
-0.75%
2024
Goods imports
$299M
2023
$314B
2024
Goods exports
$32.1M
2023
$257B
2024
Service imports
$205M
2023
$53.3B
2024
Service exports
$116M
2023
$115B
2024
Imports of goods and services, % of GDP
34.5%
2024
27%
2024
Exports of goods and services, % of GDP
9.91%
2024
27.6%
2024

Economic freedom indices

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

Comoros Turkey
Economic freedom 52.7 55
Economic freedom ranking 145/197 129/197
Property rights 25.3 36.4
Government integrity 17.9 35.3
Judicial effectiveness 23.1 23.5
Tax burden 65.3 72
Government spending 89.8 71.8
Fiscal health 86 77.8
Business freedom 55.3 61.6
Labor freedom 56.2 44.3
Monetary freedom 73.8 36.5
Trade freedom 64.2 71
Investment freedom 45 70
Financial freedom 30 60

Economic freedom comparison by year

Comoros
Turkey
1x
Year Economic freedom index
Comoros Turkey
2026 52.7 55
2025 51.4 56.1
2024 52 56.2
2023 53.5 56.9
2022 50.4 56.9
2021 55.7 64
2020 53.7 64.4
2019 55.4 64.6
2018 56.2 65.4
2017 55.8 65.2
2016 52.4 62.1
2015 52.1 63.2
2014 51.4 64.9
2013 47.5 62.9
2012 45.7 62.5
2011 43.8 64.2
2010 44.9 63.8
2009 43.3 61.6
2008 - 59.9
2007 - 57.4
2006 - 57
2005 - 50.6
2004 - 52.8
2003 - 51.9
2002 - 54.2
2001 - 60.6
2000 - 63.4
1999 - 59.2
1998 - 60.9
1997 - 60.8
1996 - 56.7
1995 - 58.4

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

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

The Economic Freedom Index for Comoros is 52.7, ranking 145/197, compared to 55 for Turkey, ranking 129/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Comoros Turkey
Services, % of GDP
50.1%
2024
57.5%
2024
Industry, % of GDP
9.56%
2024
25.5%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
5.82%
2024
GNI, Atlas method
$1.38B
2024
$1.15T
2024
GNI per capita, PPP
$3,980
2024
$45,110
2024
Total reserves including gold
$324M
2024
$155B
2024
Total reserves ranking
166/177
2024
21/177
2024
Net foreign direct investment
-$5.35M
2023
-$5.13B
2024
Net inflows of foreign direct investment
$7.1M
2024
$11.7B
2024
Net outflows of foreign direct investment
$0
2024
$6.61B
2024
Servicing debt to the IMF, % of GNI
1.7%
2024
6.67%
2024
Poverty at national poverty lines
44.8%
2020
13.6%
2023
Gross capital formation, % of GDP
11.7%
2024
30.7%
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/turkey | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1936–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, 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.