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Economy of Comoros vs Ukraine compared: GDP & Debt

Updated on by Georank team

Comoros has a GDP of $1.55B compared to $191B for Ukraine, ranking 183/197 and 57/197 by economy size, respectively.

Comoros has $477M in government debt (32.5% of GDP), compared to $171B (110% of GDP) in Ukraine.

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 $
Ukraine
GDP, current $

GDP, constant 2015 $
Year GDP
Comoros Ukraine
Current $ Constant $ Current $ Constant $
1980 $212,218,262 $339,631,220 - -
1981 $196,349,932 $352,757,725 - -
1982 $184,009,014 $375,275,369 - -
1983 $191,621,955 $393,368,903 - -
1984 $184,697,226 $409,537,545 - -
1985 $196,726,096 $418,874,840 - -
1986 $279,197,722 $426,697,798 - -
1987 $337,525,853 $433,686,187 $64,087,694,038 $161,845,930,096
1988 $356,500,033 $445,340,980 $74,703,517,903 $165,999,646,445
1989 $341,476,768 $431,177,995 $82,709,161,099 $172,428,984,083
1990 $429,622,178 $453,130,286 $81,393,558,423 $161,487,959,613
1991 $424,108,770 $428,681,020 $77,350,733,982 $147,438,507,127
1992 $457,388,652 $465,251,719 $73,945,908,384 $132,842,094,919
1993 $452,881,475 $479,237,471 $65,648,559,903 $113,978,517,441
1994 $319,189,184 $453,949,150 $52,549,580,265 $87,877,436,948
1995 $398,461,797 $470,337,651 $48,213,856,469 $77,156,389,640
1996 $396,053,806 $464,262,352 $44,558,831,005 $69,440,750,676
1997 $364,445,601 $482,972,838 $50,151,531,592 $67,357,528,157
1998 $370,106,746 $489,167,041 $41,882,523,345 $66,077,735,120
1999 $382,454,990 $498,580,614 $31,580,639,554 $65,945,579,650
2000 $351,136,580 $552,666,034 $32,375,083,935 $69,836,368,849
2001 $378,512,024 $565,559,219 $39,309,580,983 $75,981,969,311
2002 $425,964,681 $578,708,159 $43,956,163,612 $80,039,138,413
2003 $546,885,223 $590,883,436 $52,010,355,753 $87,656,150,954
2004 $633,706,111 $602,226,388 $67,220,154,164 $97,995,502,972
2005 $653,845,169 $619,314,850 $89,238,865,119 $101,005,170,643
2006 $698,431,794 $635,707,838 $111,884,752,475 $108,652,697,105
2007 $795,673,153 $640,793,770 $148,733,861,386 $117,579,433,691
2008 $915,659,108 $666,198,752 $188,110,390,660 $120,217,318,405
2009 $905,341,173 $709,414,591 $121,552,153,444 $102,020,662,582
2010 $907,979,446 $743,473,998 $141,209,170,427 $106,195,352,550
2011 $1,023,087,476 $787,250,882 $169,333,835,202 $111,977,987,704
2012 $1,015,842,907 $836,931,449 $182,591,753,828 $112,148,546,939
2013 $1,116,223,107 $911,646,575 $190,498,811,460 $112,199,506,223
2014 $1,149,587,624 $947,161,529 $133,503,871,862 $100,891,035,819
2015 $966,029,600 $966,029,600 $91,030,967,789 $91,030,967,789
2016 $1,012,835,493 $992,887,430 $93,355,869,404 $93,253,017,277
2017 $1,077,439,756 $1,048,451,293 $112,090,505,082 $95,453,762,636
2018 $1,188,797,450 $1,091,014,284 $130,891,088,294 $98,783,535,744
2019 $1,195,019,531 $1,130,604,685 $153,883,047,510 $101,944,118,787
2020 $1,225,039,196 $1,175,888,998 $156,617,722,013 $98,118,341,608
2021 $1,299,039,312 $1,207,941,362 $199,765,859,571 $101,499,127,458
2022 $1,279,542,248 $1,241,985,921 $161,989,520,721 $72,309,415,410
2023 $1,430,523,436 $1,280,048,597 $181,221,517,869 $76,311,548,882
2024 $1,546,164,420 $1,323,426,672 $190,741,263,732 $78,535,131,746

Economic indicators

Comoros Ukraine
Gross domestic product
$1.55B
2024
$191B
2024
GDP rank
183/197
2024
57/197
2024
GDP growth
8.08%
2023-2024
5.25%
2023-2024
GDP per capita
$1,784
2024
$5,038
2024
GDP per capita rank
158/197
2024
118/197
2024
GDP per capita, PPP
$4,055
2024
$18,550
2024
Government debt
$477M
2024
$171B
2024
Debt-to-GDP ratio
32.5%
2025
110%
2025
Government debt per person
$550
2024
$4,526
2024
Government debt per person rank
165/185
2024
85/185
2024
Average annual personal income after taxes
$1,909
2025
$5,178
2025
Market capitalization of domestic companies n/a
$4.42B
2018
Number of billionaires n/a
7
2025
Income share by richest 10%
33.6%
2014
21.7%
2020
Income share by poorest 10%
1.6%
2014
4.3%
2020
Government expenditure, % of GDP
21.6%
2025
58%
2025
Consumer prices inflation
3.3%
2024-2025
12.6%
2024-2025
Central bank interest rate n/a
15.5%
2025
Unemployment rate
4.39%
2021
9.83%
2021
Population
895828
39426577

GDP per capita in Comoros vs Ukraine

Comoros' GDP per capita is $1,784, ranking 158/197, compared to $5,038 in Ukraine, ranking 118/197. Adjusted for purchasing power (GDP per capita PPP), Comoros ranks 166th at $4,055, while Ukraine ranks 99th at $18,550.

Comoros
GDP per capita

GDP per capita, PPP
Ukraine
GDP per capita

GDP per capita, PPP
Year Current $
Comoros Ukraine
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1980 $628 - - -
1981 $565 - - -
1982 $515 - - -
1983 $522 - - -
1984 $489 - - -
1985 $507 - - -
1986 $699 - - -
1987 $822 - $1,244 -
1988 $845 - $1,444 -
1989 $788 - $1,593 -
1990 $966 $1,386 $1,564 $7,591
1991 $931 $1,323 $1,483 $7,148
1992 $983 $1,438 $1,413 $6,568
1993 $956 $1,489 $1,254 $5,766
1994 $662 $1,415 $1,009 $4,565
1995 $812 $1,471 $933 $4,124
1996 $794 $1,454 $870 $3,812
1997 $718 $1,512 $987 $3,794
1998 $716 $1,522 $831 $3,794
1999 $727 $1,546 $632 $3,871
2000 $655 $1,719 $653 $4,228
2001 $692 $1,762 $800 $4,747
2002 $762 $1,793 $903 $5,123
2003 $960 $1,831 $1,076 $5,764
2004 $1,091 $1,880 $1,401 $6,663
2005 $1,103 $1,954 $1,875 $7,142
2006 $1,155 $2,026 $2,366 $7,971
2007 $1,290 $2,056 $3,160 $8,900
2008 $1,455 $2,136 $4,018 $9,324
2009 $1,410 $2,244 $2,607 $7,995
2010 $1,387 $2,333 $3,040 $8,453
2011 $1,531 $2,472 $3,657 $9,127
2012 $1,490 $2,679 $3,951 $9,552
2013 $1,603 $2,833 $4,130 $10,904
2014 $1,616 $2,938 $2,904 $10,494
2015 $1,329 $2,949 $1,988 $9,922
2016 $1,365 $3,139 $2,047 $10,865
2017 $1,424 $3,347 $2,467 $11,536
2018 $1,541 $3,305 $2,895 $12,555
2019 $1,519 $3,313 $3,423 $14,217
2020 $1,527 $3,262 $3,505 $15,541
2021 $1,588 $3,449 $4,510 $17,846
2022 $1,534 $3,726 $3,946 $14,770
2023 $1,682 $3,903 $4,803 $17,665
2024 $1,784 $4,055 $5,038 $18,550

Spending and national debt comparison

In 2024, Comoros' government spending was $308M, accounting for 21.6% of its GDP, while Ukraine's spent $136B, or 58% of GDP.

Debt-to-GDP ratio is 32.5% in Comoros and 110% in Ukraine, ranking 157/185 and 15/185, respectively.

Comoros
Government spending

Government debt
Ukraine
Government spending

Government debt
Year % of GDP
Comoros Ukraine
Government spending Government debt Government spending Government debt
1984 23.3% 150.3% - -
1985 24.8% 142.9% - -
1986 25.6% 136.8% - -
1987 22.4% 128.9% - -
1988 20.2% 120% - -
1989 19.7% 113.8% - -
1990 20.3% 108.1% - -
1991 19.9% 103.9% - -
1992 20.4% 101% - -
1993 16.3% 95.7% - -
1994 21.8% 87.8% - -
1995 18.4% 77.7% 41.3% 30.2%
1996 15.5% 75.4% 36.9% 24.4%
1997 14.5% 70.9% 40.8% 28.9%
1998 13.1% 69.4% 37.1% 46.5%
1999 11.5% 64.5% 25.8% 59%
2000 9.74% 60.7% 35.5% 43.8%
2001 13% 53% 36.7% 36.7%
2002 14.3% 48.2% 37.9% 33.6%
2003 12.8% 44.4% 38.9% 29.4%
2004 11.7% 42.4% 41.6% 24.8%
2005 12.8% 39.9% 44.2% 17.7%
2006 12.5% 38.5% 44.6% 14.8%
2007 13.1% 35.6% 43.7% 12.3%
2008 15.1% 33.2% 47.1% 20.4%
2009 13.7% 31.7% 48.6% 35.4%
2010 13.3% 30.5% 49.2% 40.6%
2011 13.2% 27.7% 45.7% 36.9%
2012 14.9% 25.1% 49% 37.5%
2013 14.8% 10.3% 48.1% 40.5%
2014 14.5% 11.8% 44.8% 70.3%
2015 19.1% 14.3% 43% 79.3%
2016 18.9% 16.2% 40.8% 79.5%
2017 18.8% 18.9% 41.7% 71.6%
2018 19.2% 17% 41.9% 60.4%
2019 20.1% 21.2% 41.5% 50.5%
2020 18.8% 24.3% 45.6% 60.5%
2021 20% 26.3% 40.5% 48.9%
2022 18.4% 28.2% 65.4% 77.7%
2023 17.9% 28.7% 74.4% 82.3%
2024 19.9% 30.8% 71.4% 89.8%
2025 21.6% 32.5% 58% 110%

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 Ukraine's deficit of -$32.9B, or -17.2% of GDP.

Over the past 30 years, Comoros recorded a fiscal deficit in 24 of those years, while Ukraine ran a deficit in 29 years. On average, Comoros posted an annual deficit equal to -0.96% of GDP, compared to deficit of -4.46% of GDP for Ukraine.

Deficit/surplus
Comoros

Ukraine
Year Deficit/surplus, % of GDP
Comoros Ukraine
1984 -5.7% -
1985 -5.02% -
1986 -4.83% -
1987 -3.11% -
1988 -2.69% -
1989 -1.31% -
1990 -1.03% -
1991 -2.26% -
1992 -1.99% -
1993 1.27% -
1994 -3.7% -
1995 -4.13% -4.72%
1996 -3.43% -3.09%
1997 -1.3% -5.37%
1998 -2% -2.69%
1999 -0.46% 4.95%
2000 -1.14% -3.19%
2001 -2.13% -3.03%
2002 -2.15% -1.84%
2003 -2.05% -0.89%
2004 -0.98% -4.41%
2005 -1.41% -2.28%
2006 -1.51% -1.36%
2007 -1.18% -1.97%
2008 -1.46% -3.14%
2009 0.36% -6.27%
2010 4.2% -5.77%
2011 0.86% -2.76%
2012 1.96% -4.31%
2013 10.5% -4.78%
2014 -0.33% -4.46%
2015 2.6% -1.16%
2016 -5.52% -2.46%
2017 -0.1% -2.36%
2018 -1.35% -2.12%
2019 -4.3% -2.08%
2020 -0.52% -5.92%
2021 -2.81% -3.97%
2022 -4.17% -15.6%
2023 -1.34% -19.6%
2024 -3.5% -17.2%
2025 -2.4% -18.8%

Inflation comparison by year

Over the past 30 years, Comoros has recorded an average annual inflation rate of 3.32%, compared with 15% in Ukraine. In 2025, inflation was 3.3% in Comoros and 12.6% in Ukraine.

Inflation
Comoros

Ukraine
Year Inflation
Comoros Ukraine Comoros Ukraine
1996 2.4% 80.2%
1997 1.5% 15.9%
1998 1.2% 10.6%
1999 1.1% 22.7%
2000 5.9% 28.2%
2001 5.6% 12%
2002 3.6% 0.8%
2003 3.7% 5.2%
2004 4.5% 9%
2005 3% 13.5%
2006 3.4% 9.1%
2007 4.5% 12.8%
2008 4.8% 25.2%
2009 4.8% 15.9%
2010 3.9% 9.4%
2011 2.2% 8%
2012 5.9% 0.6%
2013 0.4% -0.3%
2014 0% 12.1%
2015 0.9% 48.7%
2016 0.8% 13.9%
2017 0.1% 14.4%
2018 1.7% 10.9%
2019 3.7% 7.9%
2020 0.8% 2.7%
2021 0% 9.4%
2022 12.4% 20.2%
2023 8.5% 12.9%
2024 5% 6.5%
2025 3.3% 12.6%

Top exports between countries

Comoros
Export category Export value
Ukraine
Export category Export value
Raw agricultural goods $286K
Animal & marine products $52K
Processed food, beverages & tobacco $41K
Raw materials & minerals $19K
Chemicals & pharma $3K
Metals $3K
Wood & paper products $3K
Machinery & equipment $2K
Textiles & consumer goods $1K

Balance of trade

Comoros Ukraine
Current account balance
-$24.6M
2023
-$15.9B
2024
Current account balance ranking
77/189
2023
179/189
2024
Current account balance, % of GDP
-1.72%
2023
-8.35%
2024
Goods imports
$299M
2023
$72.7B
2024
Goods exports
$32.1M
2023
$38.9B
2024
Service imports
$205M
2023
$22.8B
2024
Service exports
$116M
2023
$17.2B
2024
Imports of goods and services, % of GDP
34.5%
2024
48.3%
2024
Exports of goods and services, % of GDP
9.91%
2024
29.4%
2024

Economic freedom indices

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

Comoros Ukraine
Economic freedom 51.4 54.1
Economic freedom ranking 153/197 138/197
Property rights 22.9 21.5
Government integrity 16 35.4
Judicial effectiveness 20.9 29.9
Tax burden 65.3 89.1
Government spending 89.5 44.5
Fiscal health 86.1 73.6
Business freedom 49.9 61.1
Labor freedom 55.1 60.7
Monetary freedom 71.3 71.2
Trade freedom 64.2 73.2
Investment freedom 45 35
Financial freedom 30 30

Economic freedom by year comparison

The Economic Freedom Index for Comoros is 51.4, ranking 153/197, compared to 54.1 for Ukraine, ranking 138/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Comoros
Ukraine
Year Economic freedom index
Comoros Ukraine
1995 - 39.9
1996 - 40.6
1997 - 43.5
1998 - 40.4
1999 - 43.7
2000 - 47.8
2001 - 48.5
2002 - 48.2
2003 - 51.1
2004 - 53.7
2005 - 55.8
2006 - 54.4
2007 - 51.5
2008 - 51
2009 43.3 48.8
2010 44.9 46.4
2011 43.8 45.8
2012 45.7 46.1
2013 47.5 46.3
2014 51.4 49.3
2015 52.1 46.9
2016 52.4 46.8
2017 55.8 48.1
2018 56.2 51.9
2019 55.4 52.3
2020 53.7 54.9
2021 55.7 56.2
2022 50.4 54.1
2023 53.5 -
2024 52 -
2025 51.4 -

More economic indicators

Comoros Ukraine
Services, % of GDP
50.1%
2024
60.6%
2024
Industry, % of GDP
9.56%
2024
19%
2024
Agriculture, forestry, and fishing, % of GDP
36.6%
2024
7.11%
2024
GNI, Atlas method
$1.47B
2024
$185B
2024
GNI per capita, PPP
$4,080
2024
$18,580
2024
Total reserves including gold
$324M
2024
$43.8B
2024
Total reserves ranking
166/177
2024
46/177
2024
Net foreign direct investment
-$5.35M
2023
-$3.71B
2024
Net inflows of foreign direct investment
$7.1M
2024
$4.02B
2024
Net outflows of foreign direct investment
$1.1M
1990
$305M
2024
Servicing debt to the IMF, % of GNI
1.31%
2023
4.2%
2023
Poverty at national poverty lines
44.8%
2020
23.2%
2020
Gross capital formation, % of GDP
11.7%
2024
18.6%
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.