Gross savings in Comoros
Comoros: Gross savings was 12.0% in 2023. ▲ Rising
Gross savings in Comoros, 1980–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2023, gross savings in Comoros stood at 12.0%.
The figure is down 7.2% on the previous year and up 0.0% over ten years.
Over the whole period, gross savings in Comoros peaked at 15.7% in 1985 and was at its lowest, 4.4%, in 2003.
That places Comoros 153rd out of 177 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross savings in Comoros, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 4.9% | — |
| 1981 | 11.5% | +133.1% |
| 1982 | 8.6% | -25.0% |
| 1983 | 8.8% | +2.7% |
| 1984 | 14.7% | +65.9% |
| 1985 | 15.7% | +7.0% |
| 1986 | 10.9% | -30.6% |
| 1987 | 12.3% | +13.2% |
| 1988 | 12.4% | +0.4% |
| 1989 | 13.6% | +10.0% |
| 1990 | 10.9% | -19.8% |
| 1991 | 10.1% | -8.0% |
| 1992 | 11.1% | +10.7% |
| 1993 | 13.1% | +17.3% |
| 1994 | 14.0% | +7.2% |
| 1995 | 9.8% | -30.2% |
| 2003 | 4.4% | -54.7% |
| 2004 | 7.0% | +57.5% |
| 2005 | 8.5% | +22.5% |
| 2006 | 10.6% | +24.3% |
| 2007 | 12.8% | +20.5% |
| 2008 | 11.8% | -7.7% |
| 2009 | 13.9% | +17.5% |
| 2010 | 13.8% | -0.2% |
| 2011 | 10.8% | -22.0% |
| 2012 | 12.0% | +11.5% |
| 2014 | 9.8% | -18.5% |
| 2015 | 13.5% | +37.2% |
| 2016 | 8.2% | -39.1% |
| 2017 | 11.4% | +38.5% |
| 2018 | 12.2% | +7.3% |
| 2019 | 10.4% | -15.2% |
| 2020 | 10.0% | -3.1% |
| 2021 | 13.1% | +30.5% |
| 2022 | 13.0% | -0.8% |
| 2023 | 12.0% | -7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.3% | 4.9% | 15.7% | 10 |
| 1990s | 11.5% | 9.8% | 14.0% | 6 |
| 2000s | 9.9% | 4.4% | 13.9% | 7 |
| 2010s | 11.3% | 8.2% | 13.8% | 9 |
| 2020s | 12.0% | 10.0% | 13.1% | 4 |
Countries ranked near Comoros
More economy & growth data for Comoros
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.81 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 11.51 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4881 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,003 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 7.05 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 213.01 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 437,891 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.61 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3819 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Comoros?
- Gross savings in Comoros was 12.0% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Comoros?
- The highest recorded value was 15.7% in 1985.
- What is the lowest gross savings recorded in Comoros?
- The lowest recorded value was 4.4% in 2003.
- How does Comoros rank for gross savings?
- Comoros ranks 153rd out of 177 countries with data for 2023.
- Is gross savings rising or falling in Comoros?
- Over the last ten years it is up 0.0%. The long-run trend across the full record is rising.
- Where does this Comoros data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.