Comoros's GDP changed from approximately $242M in 1980 to $1B 422M in 2024, showing an overall 487.6% sharply increased during the period.
The lowest GDP was recorded in 1984 at $188M, and the highest in 2024 at $1B 422M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 4.1%.
For comparison, the average annual growth rate of Madagascar was 2.7%, and that of Seychelles was 6.3%.
Overview of Comoros's GDP (1980–2024)
The Gross Domestic Product (GDP) of Comoros recorded a 487.6% sharply increased from 1980 to 2024.
The average GDP during this period was $660M 111K, and the median was $436M.
GDP fluctuated within a range of $1B 234M, with a standard deviation of $389M 137K.
The average annual change was $28M 284K.
Comoros GDP from 1980 to 2024
The total market value of goods and services produced annually in Comoros.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
Highest and Lowest GDP Records
- Lowest GDP: 1984, $188M
- Highest GDP: 2024, $1B 422M
- Most Recent GDP: 2024, $1B 422M
Notable Annual GDP Changes
- 2003: Significant increase in GDP
- 2015: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Comoros's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $1B 188M → $1B 218M
- Outcome: increased
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $796M → $904M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $339M → $373M
- Outcome: sharply increased
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $362M → $363M
- Outcome: remained stable
Key Economic Indicators of Comoros (1980–2024)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 242M | $ 684.57 | $ 912.28 | $ 322M | 7.383 % | -3.686 % | 8.27 % | 0 % | 353,000 people |
1981 | $ 212M | $ 584.52 | $ 1,027.50 | $ 372M | 5.462 % | -3.856 % | 16.79 % | 0 % | 362,000 people |
1982 | $ 201M | $ 541.62 | $ 1,108.29 | $ 411M | 4.058 % | -5.459 % | 7.41 % | 0 % | 371,000 people |
1983 | $ 195M | $ 513.52 | $ 1,160.05 | $ 440M | 3.093 % | -5.674 % | 15.09 % | 0 % | 379,000 people |
1984 | $ 188M | $ 490.14 | $ 1,239.66 | $ 475M | 4.167 % | -28.91 % | 1.04 % | -4.865 % | 383,000 people |
1985 | $ 191M | $ 482.70 | $ 1,275 | $ 504M | 2.888 % | -17.921 % | 0.04 % | -4.002 % | 395,000 people |
1986 | $ 257M | $ 629.74 | $ 1,287.65 | $ 525M | 2.167 % | -12.083 % | −1.44 % | -3.732 % | 408,000 people |
1987 | $ 312M | $ 741.28 | $ 1,306.37 | $ 550M | 2.168 % | -10.901 % | 3.06 % | -2.195 % | 421,000 people |
1988 | $ 336M | $ 772.13 | $ 1,376.91 | $ 598M | 5.068 % | -6.953 % | 6.55 % | -1.517 % | 435,000 people |
1989 | $ 328M | $ 731.08 | $ 1,374.03 | $ 617M | -0.816 % | -4.307 % | 8.94 % | -0.42 % | 449,000 people |
1990 | $ 401M | $ 868.95 | $ 1,488.30 | $ 687M | 7.363 % | -5.94 % | 7.78 % | -0.171 % | 462,000 people |
1991 | $ 400M | $ 895.71 | $ 1,491.76 | $ 667M | -6.156 % | -2.083 % | 8.25 % | -1.511 % | 447,000 people |
1992 | $ 436M | $ 955.47 | $ 1,603.42 | $ 732M | 7.382 % | -9.789 % | 4.27 % | -1.403 % | 457,000 people |
1993 | $ 427M | $ 916.70 | $ 1,647.54 | $ 768M | 2.511 % | -1.541 % | 11.47 % | 1.879 % | 466,000 people |
1994 | $ 314M | $ 660.36 | $ 1,581.61 | $ 753M | -4.007 % | -7.154 % | 8.10 % | -3.009 % | 476,000 people |
1995 | $ 392M | $ 806.80 | $ 1,670.11 | $ 812M | 5.63 % | -7.455 % | 8.04 % | -3.581 % | 486,000 people |
1996 | $ 392M | $ 789.14 | $ 1,656.49 | $ 823M | -0.525 % | -6.175 % | 8.55 % | -2.913 % | 497,000 people |
1997 | $ 362M | $ 714.27 | $ 1,722.53 | $ 874M | 4.402 % | -6.225 % | 8.68 % | -0.743 % | 507,000 people |
1998 | $ 363M | $ 701.45 | $ 1,705.80 | $ 884M | 0.014 % | -6.86 % | 10.77 % | -1.409 % | 518,000 people |
1999 | $ 372M | $ 703.07 | $ 1,739.99 | $ 921M | 2.724 % | -3.661 % | 11.13 % | 0.097 % | 529,000 people |
