Comoros GDP 2024

[ Nominal GDP in billions of USD ]

Year -

$1.44 billions

Source: world bank Nominal/PPP
Summary:

Comoros GDP expanded from 1980 to 2024, increasing from $0.24 billion to $1.44 billion.The compound annual growth rate (CAGR) averaged 4.16% over the period. The economy recorded its peak level in 2024 and its lowest level in 1984. Growth volatility remained high. The maximum drawdown reached 29.55%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.

Comoros Annual GDP from 1960 to 2024

Source: world bank Nominal | PPP

NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970------
1971------
1972------
1973------
1974------
1975------
1976------
1977------
1978------
1979------
19800.24-----
19810.21-0.03-12.503 %---
19820.2-0.01-5.074 %---
19830.2-0.01-2.948 %---
19840.19-0.01-3.614 %---
19850.1901.503 %---
19860.260.0734.489 %---
19870.310.0621.363 %---
19880.340.027.383 %---
19890.33-0.01-2.306 %---
19900.40.0722.179 %0.69--
19910.40-0.241 %0.67-0.02-2.994 %
19920.440.048.977 %0.730.079.805 %
19930.43-0.01-2.016 %0.770.044.978 %
19940.31-0.11-26.408 %0.75-0.01-1.936 %
19950.390.0824.774 %0.810.067.852 %
19960.390-0.073 %0.820.011.311 %
19970.36-0.03-7.56 %0.870.056.211 %
19980.3600.307 %0.890.011.149 %
19990.370.012.195 %0.920.044.151 %
20000.34-0.03-8.716 %0.930.011.235 %
20010.370.039.791 %1.010.077.793 %
20020.430.0514.652 %1.070.066.223 %
20030.550.1227.955 %1.110.043.947 %
20040.620.0813.871 %1.180.075.873 %
20050.660.035.251 %1.280.118.978 %
20060.690.035.054 %1.30.021.275 %
20070.80.1115.566 %1.340.053.535 %
20080.920.1215.08 %1.420.085.968 %
20090.91-0.01-1.127 %1.480.063.877 %
20100.9100.291 %1.550.075.039 %
20111.020.1212.677 %1.650.16.292 %
20121.02-0.01-0.708 %1.830.1710.573 %
20131.120.19.882 %1.970.158.002 %
20141.150.032.989 %2.090.125.991 %
20150.97-0.18-15.967 %2.140.052.546 %
20161.010.054.845 %2.330.198.633 %
20171.080.066.379 %2.530.28.785 %
20181.180.19.383 %2.53-0.01-0.205 %
20191.190.010.796 %2.590.062.473 %
20201.220.032.597 %2.60.010.49 %
20211.270.054.388 %2.760.166.176 %
20221.22-0.05-3.911 %3.040.279.918 %
20231.330.18.536 %3.240.26.701 %
20241.440.118.604 %3.430.195.837 %

Comoros Economic Phases (1980–2024)

Between 1980 to 2024, Comoros experienced the following economic phases:

  • Contraction (1982–1984) indicating temporary slowdown
  • High Growth (1986–1988) indicating robust economic expansion
  • Contraction (1996–1997) indicating temporary slowdown
  • Expansion (1998–1999) indicating steady moderate growth
  • High Growth (2001–2008) indicating robust economic expansion
  • High Growth (2017–2018) indicating robust economic expansion
  • Expansion (2019–2021) indicating steady moderate growth
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 1986 with an increase of 34.489%, while the largest decline was in 1994 at -26.408%.