Comoros's gross savings (% of GDP) was 12.05% in 2023, the latest year in the World Bank's World Development Indicators. That is down 0.16 percentage points from 12.21% in 2018.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 12.05% | 2023 |
| Five years earlier | 12.21% | 2018 |
| Highest | 15.69% | 1985 |
| Lowest | 4.43% | 2003 |
| Average since 2014 | 11.36% | 2014–2023 |
| First recorded | 4.93% | 1980 |
Over five years it is down 0.16 percentage points from 12.21% in 2018. Since 1980 it is up 7.12 percentage points from 4.93% in 1980. The World Bank has no value for 8 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2023, Comoros' gross savings (% of GDP) fell 0.94 percentage points on 2022 (from 12.99% to 12.05%).
Across the 30 yearly changes before that (1983 to 2022), the average change was +0.4 percentage points and a typical year strayed about 2.54 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 6.56 percentage points in 1981 and the biggest yearly fall was 5.26 percentage points in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 14% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Comoros | 12.05% | 2023 |
| World | 26.05% | 2024 |
| Lower middle income | 28.16% | 2025 |
Closest to Comoros in the 2023 ranking
What this measures
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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 36 values
| Year | Gross savings (% of GDP) |
|---|---|
| 2023 | 12.05 |
| 2022 | 12.99 |
| 2021 | 13.1 |
| 2020 | 10.04 |
| 2019 | 10.35 |
| 2018 | 12.21 |
| 2017 | 11.38 |
| 2016 | 8.21 |
| 2015 | 13.48 |
| 2014 | 9.82 |
| 2013 |
Gross savings (% of GDP) in nearby economies
- Angola — 15.88% (2024)
- Benin — 30.27% (2023)
- Botswana — 28.25% (2025)
- Burkina Faso — 15.89% (2024)
- Burundi — 43.06% (2025)
- Cabo Verde — 21.14% (2025)
- Cameroon — 15.54% (2024)
- Congo, Dem. Rep. — 28.69% (2025)
- Congo, Rep. — 31.66% (2021)
- Côte d'Ivoire — 17.15% (2024)
- Eswatini — 18.19% (2024)
- Ethiopia
More economic policy & debt data for Comoros
- Grants, excluding technical cooperation (BoP, current US$) — US$116.12 million (2023)
- Technical cooperation grants (BoP, current US$) — US$20.29 million (2023)
- Net bilateral aid flows from DAC donors, France (current US$) — US$40.43 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$55.21 million (2023)
- Net official development assistance and official aid received (current US$) — US$166.35 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$166.35 million (2023)
- Net official development assistance received (current US$) — US$166.35 million (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Comoros's gross savings (% of GDP)?
- 12.05% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 7.12 percentage points from 4.93% in 1980. The highest value was 15.69% in 1985 and the lowest 4.43% in 2003.
- Is the latest change in gross savings (% of GDP) unusual for Comoros?
- In 2023, Comoros' gross savings (% of GDP) fell 0.94 percentage points on 2022 (from 12.99% to 12.05%). Across the 30 yearly changes before that (1983 to 2022), the average change was +0.4 percentage points and a typical year strayed about 2.54 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB).
Source
World Bank, World Development Indicators, indicator NY.GNS.ICTR.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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