The ratio of national debt to gross domestic product (GDP) in the Comoros was forecast to decrease between 2024 and 2029 by in total 0.5 percentage points. This overall decrease does not happen continuously, notably not in 2026. According to this forecast, in 2029, the ratio will have decreased for the third consecutive year to 34.37 percent. Notably, the ratio of national debt to gross domestic product (GDP) was continuously increasing over the past years. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Comoros: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/729305/national-debt-of-comoros-in-relation-to-gross-domestic-product-gdp/
IMF. "Comoros: National debt in relation to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/729305/national-debt-of-comoros-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Comoros: National debt in relation to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/729305/national-debt-of-comoros-in-relation-to-gross-domestic-product-gdp/
IMF. "Comoros: National Debt in Relation to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/729305/national-debt-of-comoros-in-relation-to-gross-domestic-product-gdp/
IMF, Comoros: National debt in relation to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/729305/national-debt-of-comoros-in-relation-to-gross-domestic-product-gdp/ (last visited November 21, 2024)
Comoros: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/729305/national-debt-of-comoros-in-relation-to-gross-domestic-product-gdp/