Gross national savings — all countries

Gross national savings — Comoros

Gross national savings in the Comoros in 2023 — 12%. Ranked 140 in the world out of 156. Since 1980, the indicator has risen by 7.1 pp.

2023 12% −0.9 pp vs 2022
World rank 140of 156
Period maximum 15.7%1985
Period minimum 4.4%2003

Trend over time

1980–2023 · % of GDP

Gross national savings — Comoros, 1980–20230510152019801985199019952000200520102015202020231980: 4.9%1981: 11.5%1982: 8.6%1983: 8.8%1984: 14.7%1985: 15.7%1986: 10.9%1987: 12.3%1988: 12.4%1989: 13.6%1990: 10.9%1991: 10.1%1992: 11.1%1993: 13.1%1994: 14%1995: 9.8%2003: 4.4%2004: 7%2005: 8.5%2006: 10.6%2007: 12.8%2008: 11.8%2009: 13.9%2010: 13.8%2011: 10.8%2012: 12%2014: 9.8%2015: 13.5%2016: 8.2%2017: 11.4%2018: 12.2%2019: 10.4%2020: 10%2021: 13.1%2022: 13%2023: 12%
Change over the period: +7.1 pp Annual average: 0.17 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Comoros

Comoros 12%
World 26.2%
Sub-Saharan Africa computed 18.2%
Eastern Africa computed 20.6%
Gross national savings — Comoros, by year Comoros All countries CSV XLSX
Year % Change, pp
2023 12 −0.9 pp
2022 13 −0.1 pp
2021 13.1 +3.1 pp
2020 10 −0.3 pp
2019 10.4 −1.9 pp
2018 12.2 +0.8 pp
2017 11.4 +3.2 pp
2016 8.2 −5.3 pp
2015 13.5 +3.7 pp
2014 9.8
2012 12 +1.2 pp
2011 10.8 −3 pp
2010 13.8 −0 pp
2009 13.9 +2.1 pp
2008 11.8 −1 pp
2007 12.8 +2.2 pp
2006 10.6 +2.1 pp
2005 8.5 +1.6 pp
2004 7 +2.5 pp
2003 4.4
1995 9.8 −4.2 pp
1994 14 +0.9 pp
1993 13.1 +1.9 pp
1992 11.1 +1.1 pp
1991 10.1 −0.9 pp
1990 10.9 −2.7 pp
1989 13.6 +1.2 pp
1988 12.4 +0.1 pp
1987 12.3 +1.4 pp
1986 10.9 −4.8 pp
1985 15.7 +1 pp
1984 14.7 +5.8 pp
1983 8.8 +0.2 pp
1982 8.6 −2.9 pp
1981 11.5 +6.6 pp
1980 4.9

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.