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Economy of Colombia vs Guyana compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $27.1B for Guyana, ranking 37/197 and 120/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $7.74B (28.6% of GDP) in Guyana.

Colombia vs Guyana GDP by year

Colombia
Guyana
1x
Year GDP, current $
Colombia Guyana
2025 $457,410,034,203 $27,097,477,218
2024 $420,504,033,143 $24,662,714,628
2023 $366,901,643,683 $16,918,503,597
2022 $345,632,492,851 $14,718,388,489
2021 $318,524,633,225 $8,041,362,110
2020 $270,348,342,541 $5,471,256,595
2019 $323,031,701,193 $5,173,760,192
2018 $334,198,218,098 $4,787,636,998
2017 $311,866,875,157 $4,748,174,334
2016 $282,720,100,286 $4,482,697,337
2015 $293,492,370,193 $4,279,840,194
2014 $381,240,864,422 $4,127,660,152
2013 $382,093,697,078 $4,167,800,929
2012 $370,691,143,018 $4,063,088,536
2011 $334,966,134,805 $3,691,384,318
2010 $286,498,534,095 $3,432,912,517
2009 $232,468,663,110 $3,165,663,153
2008 $242,504,150,473 $3,025,187,433
2007 $206,229,540,926 $2,730,971,595
2006 $161,792,958,905 $2,379,817,991
2005 $145,600,529,606 $824,880,550
2004 $117,092,416,666 $787,814,379
2003 $94,644,969,157 $743,063,950
2002 $97,945,812,803 $726,131,435
2001 $98,200,641,203 $712,167,450
2000 $99,875,074,951 $712,667,897
1999 $86,186,158,685 $694,754,988
1998 $98,443,739,941 $717,530,683
1997 $106,659,508,271 $749,138,010
1996 $97,160,109,278 $705,406,001
1995 $92,507,279,383 $621,626,786
1994 $81,703,500,846 $545,278,380
1993 $66,446,804,803 $454,101,382
1992 $58,418,985,443 $373,573,141
1991 $49,175,565,911 $348,533,095
1990 $47,844,090,710 $396,582,263
1989 $39,540,080,200 $379,779,390
1988 $39,212,550,050 $413,799,990
1987 $36,373,307,085 $354,591,847
1986 $34,942,489,684 $504,651,140
1985 $34,894,411,352 $453,488,372
1984 $38,253,120,738 $437,631,605
1983 $38,729,822,782 $489,333,333
1982 $38,968,039,722 $482,000,000
1981 $36,388,366,869 $570,357,107
1980 $33,400,735,644 $603,200,000
1979 $27,940,411,250 $530,440,000
1978 $23,263,511,958 $507,080,000
1977 $19,470,960,619 $449,880,000
1976 $15,341,403,660 $454,440,000
1975 $13,098,633,902 $494,791,667
1974 $12,370,029,584 $433,954,545
1973 $10,315,760,000 $307,047,619
1972 $8,671,358,733 $285,380,952
1971 $7,820,380,971 $282,050,000
1970 $7,198,360,460 $267,800,000
1969 $6,450,175,214 $249,300,000
1968 $5,960,212,869 $229,750,000
1967 $5,825,170,438 $250,176,471
1966 $5,428,518,519 $228,705,882
1965 $5,760,761,905 $213,235,294
1964 $5,973,366,667 $194,774,513
1963 $4,836,166,667 $175,757,894
1962 $4,955,543,963 $194,949,513
1961 $4,540,447,761 $185,849,535
1960 $4,031,152,977 $170,216,241

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/guyana | CC BY

GDP per capita in Colombia vs Guyana by year

Colombia
GDP per capita

GDP per capita, PPP
Guyana
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Guyana
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - $32,414 -
2024 $7,951 $22,349 $29,675 $80,155
2023 $7,012 $21,246 $20,474 $54,729
2022 $6,680 $20,854 $17,913 $39,711
2021 $6,223 $17,383 $9,861 $22,866
2020 $5,340 $15,519 $6,776 $16,819
2019 $6,473 $16,182 $6,406 $13,241
2018 $6,817 $15,239 $6,048 $12,443
2017 $6,480 $14,401 $6,179 $12,243
2016 $5,960 $14,027 $5,871 $11,516
2015 $6,249 $13,332 $5,640 $11,408
2014 $8,187 $13,355 $5,473 $11,145
2013 $8,279 $12,780 $5,557 $11,200
2012 $8,109 $12,093 $5,444 $10,627
2011 $7,401 $11,707 $4,947 $10,066
2010 $6,398 $10,841 $4,582 $9,337
2009 $5,251 $10,367 $4,209 $8,824
2008 $5,542 $10,307 $4,009 $8,437
2007 $4,770 $9,909 $3,608 $8,110
2006 $3,790 $9,154 $3,136 $7,346
2005 $3,456 $8,432 $1,084 $6,761
2004 $2,819 $7,909 $1,033 $6,673
2003 $2,312 $7,420 $974 $6,392
2002 $2,429 $7,109 $951 $6,304
2001 $2,473 $6,935 $932 $6,131
2000 $2,555 $6,776 $932 $5,860
1999 $2,241 $6,544 $909 $5,812
1998 $2,605 $6,854 $940 $5,573
1997 $2,873 $6,861 $983 $5,615
1996 $2,665 $6,639 $928 $5,210
1995 $2,584 $6,506 $820 $4,753
1994 $2,326 $6,174 $721 $4,447
1993 $1,929 $5,826 $603 $4,027
1992 $1,730 $5,509 $498 $3,651
1991 $1,486 $5,281 $466 $3,322
1990 $1,475 $5,109 $529 $3,022
1989 $1,244 - $503 -
1988 $1,260 - $545 -
1987 $1,193 - $464 -
1986 $1,169 - $657 -
1985 $1,192 - $588 -
1984 $1,336 - $565 -
1983 $1,384 - $631 -
1982 $1,425 - $621 -
1981 $1,362 - $735 -
1980 $1,280 - $779 -
1979 $1,095 - $689 -
1978 $932 - $663 -
1977 $798 - $593 -
1976 $643 - $604 -
1975 $561 - $664 -
1974 $542 - $588 -
1973 $462 - $421 -
1972 $397 - $395 -
1971 $367 - $396 -
1970 $346 - $381 -
1969 $318 - $361 -
1968 $302 - $340 -
1967 $303 - $378 -
1966 $290.3 - $353 -
1965 $317 - $336 -
1964 $339 - $313 -
1963 $282.6 - $288.8 -
1962 $298.5 - $327 -
1961 $282.1 - $319 -
1960 $258.3 - $299.1 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/guyana | CC BY

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $32,414 in Guyana, ranking 40/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while Guyana ranks 15th at $80,155.

Economic indicators

Colombia Guyana
Gross domestic product
$457B
2025
$27.1B
2025
GDP rank
37/197
2025
120/197
2025
GDP growth
2.64%
2024-2025
19.3%
2024-2025
GDP per capita
$8,562
2025
$32,414
2025
GDP per capita rank
94/197
2025
40/197
2025
GDP per capita, PPP
$22,349
2024
$80,155
2024
GDP per capita PPP rank
87/197
2024
15/197
2024
Government debt
$274B
2025
$7.74B
2025
Debt-to-GDP ratio
59.9%
2025
28.6%
2025
Government debt per person
$5,126
2025
$9,255
2025
Government debt per person rank
85/185
2025
63/185
2025
Average annual personal income after taxes
$6,463
2026
$13,307
2026
Market capitalization of domestic companies
$133B
2025
n/a
Number of billionaires
4
2026
n/a
Income share by richest 10%
42.7%
2024
34.4%
1998
Income share by poorest 10%
1%
2024
1.1%
1998
Government expenditure, % of GDP
33.2%
2025
23.9%
2025
Consumer prices inflation
5.14%
2024-2025
3.3%
2024-2025
Central bank interest rate
11.3%
2026
n/a
Unemployment rate
8.43%
2025
14.7%
2021
Population
54209462
843423

Spending and national debt comparison by year

Colombia
Spending

Debt
Guyana
Spending

Debt
1x
Year % of GDP
Colombia Guyana
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% 23.9% 28.6%
2024 34.4% 61% 23.3% 24.3%
2023 35.1% 55.4% 23.7% 26.7%
2022 34.1% 61.3% 20.4% 24.8%
2021 34.5% 64.4% 24.8% 38.9%
2020 33.7% 65.3% 30.5% 47.4%
2019 32.9% 51% 28.1% 34.2%
2018 34.7% 51.8% 27.6% 37.4%
2017 29.3% 49.4% 26.3% 35.2%
2016 30% 49.9% 25.2% 35.7%
2015 31.3% 50.4% 21.7% 42.2%
2014 31.3% 43.3% 23.1% 38.7%
2013 30% 37.6% 21.4% 41.4%
2012 29.1% 34% 21.8% 44.7%
2011 30.2% 35.8% 23.5% 51.7%
2010 30.4% 36.5% 23.9% 53.1%
2009 30.9% 35.4% 25.4% 52.3%
2008 28.4% 32.4% 24.1% 48.2%
2007 28.2% 32.7% 25.5% 47.7%
2006 28.4% 36% 29% 74.5%
2005 25.9% 38.5% 28.4% 90.7%
2004 26.6% 41.5% 23.7% 91.8%
2003 28% 45% 23.5% 95.6%
2002 28.1% 47.5% 23.1% 105.1%
2001 27.5% 41.1% 24% 104.6%
2000 26.6% 38% 22.9% 97.2%
1999 28.3% 34% 17.6% 97.1%
1998 26.3% 27.5% 19.7% 108%
1997 26.2% 25.3% 20.9% 101.3%
1996 25.1% 23.3% - -
1995 22.2% 13.8% - -
1994 20.6% 12.5% - -
1993 20% 14.2% - -
1992 18.4% 16.1% - -
1991 17.7% 14.5% - -
1990 17.4% 16.7% - -
1989 10.3% 17.3% - -
1988 10.3% 17.9% - -
1987 9.7% 18.9% - -
1986 9.8% 20.2% - -
1985 10.5% 19.3% - -
1984 10.3% 15.5% - -
1983 10.2% 10.8% - -
1982 10.6% 8.8% - -
1981 9.9% 8.5% - -
1980 9.6% 8% - -
1979 8.6% 7.7% - -
1978 8.1% 7.6% - -
1977 7.7% 9.2% - -
1976 8% 12.2% - -
1975 9.4% 14.6% - -
1974 8.8% 15.9% - -
1973 9.4% 16.3% - -
1972 10.3% 16.9% - -
1971 10.3% 16.2% - -
1970 10% 16.7% - -
1969 9.2% 17% - -
1968 8.9% 16.2% - -
1967 8.2% 15.8% - -
1966 8% 15.3% - -
1965 7% 15.2% - -
1964 8.1% 13.1% - -
1963 8.6% 13.9% - -
1962 7.8% 14.8% - -
1961 8.6% 8.7% - -
1960 6.7% 7.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

GeoRank.org/economy/colombia/guyana | CC BY

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while Guyana spent $6.48B, or 23.9% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 28.6% in Guyana, ranking 78/185 and 160/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Guyana
1x
Year Deficit/surplus, % of GDP
Colombia Guyana
2025 -5.75% -5.37%
2024 -6.04% -7.27%
2023 -2.92% -5.62%
2022 -6.36% -5.1%
2021 -7.28% -6.94%
2020 -7.12% -7.78%
2019 -3.48% -2.52%
2018 -4.67% -2.52%
2017 -2.5% -3.14%
2016 -2.27% -3.21%
2015 -3.52% -0.75%
2014 -1.74% -3.88%
2013 -1.02% -2.16%
2012 0.15% -3.11%
2011 -1.99% -2.13%
2010 -3.3% -1.88%
2009 -2.67% -2.5%
2008 0.04% -2.78%
2007 -0.82% -3.35%
2006 -0.99% -6.16%
2005 -0.02% -6.54%
2004 -1.31% -2.88%
2003 -2.7% -4.81%
2002 -3.45% -2.42%
2001 -2.71% -3.71%
2000 -2.94% -2.27%
1999 -5.37% -0.47%
1998 -3.86% -2.67%
1997 -3.23% -1.7%
1996 -2.49% -
1995 -1% -
1994 -0.14% -
1993 -0.24% -
1992 -0.07% -
1991 0.35% -
1990 -0.41% -
1989 -1.4% -
1988 -1.3% -
1987 -0.4% -
1986 -1.4% -
1985 -2.4% -
1984 -3.3% -
1983 -3.1% -
1982 -3.6% -
1981 -2.8% -
1980 -2.2% -
1979 -0.7% -
1978 0.3% -
1977 0.5% -
1976 0.6% -
1975 -0.5% -
1974 -1.2% -
1973 -1.1% -
1972 -1.7% -
1971 -1% -
1970 -0.7% -
1969 -0.5% -
1968 0% -
1967 -0.2% -
1966 0.1% -
1965 -0.6% -
1964 -1.1% -
1963 -1.7% -
1962 -1.6% -
1961 -1.5% -
1960 1.2% -
1959 2% -
1958 1.7% -
1957 1.4% -
1956 -0.2% -
1955 0.7% -
1954 1.3% -
1953 1.3% -
1952 1.6% -
1951 2.1% -
1950 0.9% -
1949 0.5% -
1948 -0.1% -
1947 0.2% -
1946 -0.5% -
1945 0.1% -
1944 -0.2% -
1943 -0.7% -
1942 -1.5% -
1941 0% -
1940 -1.5% -
1939 0.8% -
1938 0.5% -
1937 1.4% -
1936 1.1% -
1935 1.3% -
1934 0.2% -
1933 -0.4% -
1932 -0.8% -
1931 -0.2% -
1930 0.3% -
1929 0.4% -
1928 -0.4% -
1927 -0.6% -
1926 0% -
1925 1% -
1924 0.5% -
1923 0.3% -
1922 -0.7% -
1921 -1.6% -
1920 0.4% -
1919 -0.8% -
1918 -2.1% -
1917 -0.5% -
1916 0.2% -
1915 -0.2% -
1914 -0.5% -
1913 0.5% -
1912 -0.3% -
1911 -0.1% -
1910 -0.3% -
1909 -3.3% -
1908 -2.7% -
1907 -2.7% -
1906 0.2% -
1905 -0.9% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1905–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/guyana | CC BY

In 2025, Colombia's government deficit, the difference between spending and revenue, was $26.3B, equivalent to 5.75% of GDP. This compares to Guyana's deficit of $1.46B, or 5.37% of GDP.

Over the past 29 years, Colombia recorded a fiscal deficit in 27 of those years, while Guyana ran a deficit in 29 years. On average, Colombia posted an annual deficit equal to 3.1% of GDP, compared to deficit of 3.64% of GDP for Guyana.

Inflation comparison by year

Inflation
Colombia

Guyana
1x
Year Consumer prices inflation
Colombia Guyana
2025 5.14% 3.3%
2024 6.61% 2.9%
2023 11.7% 2.8%
2022 10.2% 6.9%
2021 3.5% 4.5%
2020 2.53% 0.7%
2019 3.52% 2.1%
2018 3.24% 1.3%
2017 4.31% 1.9%
2016 7.51% 0.8%
2015 4.99% -0.9%
2014 2.9% 0.7%
2013 2.02% 1.9%
2012 3.17% 2.4%
2011 3.42% 4.4%
2010 2.27% 4.3%
2009 4.2% 3%
2008 7% 8.1%
2007 5.54% 12.2%
2006 4.29% 6.7%
2005 5.05% 6.9%
2004 5.9% 4.7%
2003 7.13% 6%
2002 6.35% 5.4%
2001 7.97% 2.6%
2000 9.23% 6.1%
1999 10.9% 7.5%
1998 18.7% 4.6%
1997 18.5% 3.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/guyana | CC BY

Over the past 29 years, Colombia has recorded an average annual inflation rate of 6.47%, compared with 4.05% in Guyana. In 2025, inflation was 5.14% in Colombia and 3.3% in Guyana.

Top exports between countries

Colombia
Export category Export value
Machinery & equipment $27.8M
Chemicals & pharma $16.2M
Raw materials & minerals $10.3M
Processed food, beverages & tobacco $4.56M
Metals $3.45M
Textiles & consumer goods $1.23M
Weapons & explosives $614K
Raw agricultural goods $404K
Wood & paper products $185K
Miscellaneous $32K
Guyana
Export category Export value
Machinery & equipment $3.36M
Raw agricultural goods $2.26M
Raw materials & minerals $340K
Chemicals & pharma $214K
Textiles & consumer goods $90K
Metals $39K

Balance of trade

Colombia Guyana
Current account balance
-$10.9B
2025
$2.35B
2023
Current account balance ranking
176/190
2025
42/190
2023
Current account balance, % of GDP
-2.38%
2025
+13.9%
2023
Goods imports
$66.3B
2025
$6B
2023
Goods exports
$51.5B
2025
$13.2B
2023
Service imports
$19.6B
2025
$4.95B
2023
Service exports
$19.6B
2025
$529M
2023
Imports of goods and services, % of GDP
20.4%
2025
109.7%
2005
Exports of goods and services, % of GDP
15%
2025
84.6%
2005

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Colombia Guyana
Economic freedom 59.8 58.7
Economic freedom ranking 101/197 109/197
Property rights 43.1 46.7
Government integrity 41.6 38.8
Judicial effectiveness 57.4 48.6
Tax burden 68.6 76.4
Government spending 64 85
Fiscal health 49.8 39.9
Business freedom 71.2 70.9
Labor freedom 59.1 76
Monetary freedom 71.9 78.5
Trade freedom 71.4 59.2
Investment freedom 60 55
Financial freedom 60 30

Economic freedom comparison by year

Colombia
Guyana
1x
Year Economic freedom index
Colombia Guyana
2026 59.8 58.7
2025 59.8 58.2
2024 59.2 57.3
2023 63.1 56.9
2022 65.1 59.5
2021 68.1 57.4
2020 69.2 56.2
2019 67.3 56.8
2018 68.9 58.7
2017 69.7 58.5
2016 70.8 55.4
2015 71.7 55.5
2014 70.7 55.7
2013 69.6 53.8
2012 68 51.3
2011 68 49.4
2010 65.5 48.4
2009 62.3 48.4
2008 62.2 48.8
2007 59.9 53.7
2006 60.4 56.6
2005 59.6 56.5
2004 61.2 53
2003 64.2 50.3
2002 64.2 54.3
2001 65.6 53.3
2000 63.3 52.4
1999 65.3 53.3
1998 65.5 52.7
1997 66.4 53.2
1996 64.3 50.1
1995 64.5 45.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/colombia/guyana | CC BY

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, compared to 58.7 for Guyana, ranking 109/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Colombia Guyana
Services, % of GDP
58.5%
2025
14.8%
2025
Industry, % of GDP
21.8%
2025
75.1%
2025
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
7.73%
2025
GNI, Atlas method
$422B
2025
$23.8B
2025
GNI per capita, PPP
$22,250
2025
$80,300
2025
Total reserves including gold
$65.8B
2025
$1.36B
2025
Total reserves ranking
41/177
2025
136/177
2025
Net foreign direct investment
-$7.31B
2025
$1.14B
2023
Net inflows of foreign direct investment
$13.7B
2024
$8.63B
2024
Net outflows of foreign direct investment
$4.51B
2024
$5.7M
2024
Servicing debt to the IMF, % of GNI
8.17%
2024
2.84%
2024
Poverty at national poverty lines
31.8%
2024
35%
2020
Gross capital formation, % of GDP
16.7%
2025
32.3%
2005

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/guyana | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1905–1995, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.