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Economy of Djibouti vs Guyana compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.09B compared to $24.8B for Guyana, ranking 165/197 and 119/197 by economy size, respectively.

Djibouti has $1.36B in government debt (31.2% of GDP), compared to $6.03B (27.7% of GDP) in Guyana.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Djibouti
GDP, current $

GDP, constant 2015 $
Guyana
GDP, current $

GDP, constant 2015 $
Year GDP
Djibouti Guyana
Current $ Constant $ Current $ Constant $
1960 - - $170,216,241 $1,555,849,244
1961 - - $185,849,535 $1,628,811,172
1962 - - $194,949,513 $1,646,808,327
1963 - - $175,757,894 $1,444,602,377
1964 - - $194,774,513 $1,608,713,286
1965 - - $213,235,294 $1,778,288,056
1966 - - $228,705,882 $1,871,350,740
1967 - - $250,176,471 $1,952,073,734
1968 - - $229,750,000 $1,972,079,124
1969 - - $249,300,000 $2,110,013,963
1970 - - $267,800,000 $2,199,804,697
1971 - - $282,050,000 $2,268,281,337
1972 - - $285,380,952 $2,193,027,226
1973 - - $307,047,619 $2,220,324,260
1974 - - $433,954,545 $2,391,352,284
1975 - - $494,791,667 $2,594,211,213
1976 - - $454,440,000 $2,634,081,990
1977 - - $449,880,000 $2,564,577,004
1978 - - $507,080,000 $2,518,255,902
1979 - - $530,440,000 $2,472,028,373
1980 - - $603,200,000 $2,514,890,619
1981 - - $570,357,107 $2,552,517,555
1982 - - $482,000,000 $2,215,837,057
1983 - - $489,333,333 $2,065,328,835
1984 - - $437,631,605 $1,961,468,862
1985 $340,989,528 - $453,488,372 $2,008,537,592
1986 - - $504,651,140 $1,990,448,658
1987 $373,371,738 - $354,591,847 $2,008,350,685
1988 $395,794,539 - $413,799,990 $1,934,171,588
1989 $409,220,087 - $379,779,390 $1,839,074,818
1990 $452,328,087 - $396,582,263 $1,782,661,480
1991 $462,421,999 - $348,533,095 $1,890,652,727
1992 $478,058,305 - $373,573,141 $2,037,327,406
1993 $466,048,469 - $454,101,382 $2,203,881,071
1994 $491,689,221 - $540,874,934 $2,391,925,530
1995 $497,723,961 - $621,626,786 $2,512,273,985
1996 $494,004,648 - $705,406,001 $2,712,138,382
1997 $502,675,542 - $749,138,010 $2,879,766,586
1998 $514,267,869 - $717,530,683 $2,831,412,296
1999 $536,080,148 - $694,754,988 $2,915,226,398
2000 $551,230,862 - $712,667,897 $2,875,468,427
2001 $572,417,441 - $712,167,450 $2,941,015,353
2002 $591,122,040 - $726,131,435 $2,974,326,086
2003 $622,044,666 - $743,063,950 $2,955,521,641
2004 $666,072,102 - $787,814,379 $3,001,726,851
2005 $708,633,195 - $824,880,550 $2,943,164,433
2006 $768,873,684 - $2,379,817,991 $3,094,137,271
2007 $847,918,929 - $2,730,971,595 $3,316,643,991
2008 $999,105,339 - $3,025,187,433 $3,374,858,506
2009 $1,049,110,685 - $3,165,663,153 $3,496,741,807
2010 $1,128,611,700 - $3,432,912,517 $3,641,452,425
2011 $1,239,144,502 - $3,691,384,318 $3,830,671,453
2012 $1,353,632,942 - $4,063,088,536 $4,032,790,344
2013 $2,044,440,443 $2,107,658,965 $4,167,800,929 $4,180,123,674
2014 $2,220,637,966 $2,259,262,606 $4,127,660,152 $4,250,621,228
2015 $2,424,391,785 $2,424,391,785 $4,279,840,194 $4,279,840,194
2016 $2,604,955,229 $2,597,091,694 $4,482,697,337 $4,442,793,237
2017 $2,762,581,334 $2,738,843,335 $4,748,174,334 $4,608,708,975
2018 $2,913,464,658 $2,869,605,010 $4,787,636,998 $4,813,377,726
2019 $3,088,851,450 $3,028,726,927 $5,173,760,192 $5,071,030,136
2020 $3,144,136,197 $3,065,135,713 $5,471,256,595 $7,275,896,377
2021 $3,392,796,953 $3,200,221,046 $8,041,362,110 $8,735,441,013
2022 $3,562,814,909 $3,365,561,652 $14,718,388,489 $14,268,000,638
2023 $3,917,150,481 $3,613,673,263 $16,918,503,597 $19,089,873,040
2024 $4,086,402,719 $3,828,825,225 $24,835,899,826 $27,369,534,584

Economic indicators

Djibouti Guyana
Gross domestic product
$4.09B
2024
$24.8B
2024
GDP rank
165/197
2024
119/197
2024
GDP growth
4.32%
2023-2024
46.8%
2023-2024
GDP per capita
$3,496
2024
$29,884
2024
GDP per capita rank
134/197
2024
42/197
2024
GDP per capita, PPP
$7,776
2024
$79,906
2024
Government debt
$1.36B
2024
$6.03B
2024
Debt-to-GDP ratio
31.2%
2025
27.7%
2025
Government debt per person
$1,163
2024
$7,252
2024
Government debt per person rank
138/185
2024
67/185
2024
Average annual personal income after taxes
$2,788
2025
$13,265
2025
Income share by richest 10%
32.3%
2017
34.4%
1998
Income share by poorest 10%
1.9%
2017
1.1%
1998
Government expenditure, % of GDP
21.6%
2025
24.3%
2025
Consumer prices inflation
1.5%
2024-2025
3.6%
2024-2025
Unemployment rate
40%
2017
13.2%
2019
Population
1196428
839919

GDP per capita in Djibouti vs Guyana

Djibouti's GDP per capita is $3,496, ranking 134/197, compared to $29,884 in Guyana, ranking 42/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,776, while Guyana ranks 13th at $79,906.

Djibouti
GDP per capita

GDP per capita, PPP
Guyana
GDP per capita

GDP per capita, PPP
Year Current $
Djibouti Guyana
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $299.1 -
1961 - - $319 -
1962 - - $327 -
1963 - - $288.8 -
1964 - - $313 -
1965 - - $336 -
1966 - - $353 -
1967 - - $378 -
1968 - - $340 -
1969 - - $361 -
1970 - - $381 -
1971 - - $396 -
1972 - - $395 -
1973 - - $421 -
1974 - - $588 -
1975 - - $664 -
1976 - - $604 -
1977 - - $593 -
1978 - - $663 -
1979 - - $689 -
1980 - - $779 -
1981 - - $735 -
1982 - - $621 -
1983 - - $631 -
1984 - - $565 -
1985 $847 - $588 -
1986 $800 - $657 -
1987 $822 - $464 -
1988 $817 - $545 -
1989 $782 - $503 -
1990 $780 - $529 $3,022
1991 $733 - $466 $3,322
1992 $764 - $498 $3,651
1993 $759 - $603 $4,027
1994 $785 - $716 $4,447
1995 $786 - $820 $4,753
1996 $762 - $928 $5,210
1997 $748 - $983 $5,615
1998 $735 - $940 $5,573
1999 $740 - $909 $5,812
2000 $738 - $932 $5,860
2001 $742 - $932 $6,131
2002 $743 - $951 $6,304
2003 $765 - $974 $6,392
2004 $806 - $1,033 $6,673
2005 $844 - $1,084 $6,761
2006 $898 - $3,136 $7,346
2007 $970 - $3,608 $8,110
2008 $1,119 - $4,009 $8,437
2009 $1,151 - $4,209 $8,824
2010 $1,213 - $4,582 $9,337
2011 $1,306 - $4,947 $10,066
2012 $1,400 - $5,444 $10,627
2013 $2,076 $3,762 $5,557 $11,200
2014 $2,215 $3,978 $5,473 $11,145
2015 $2,376 $4,264 $5,640 $11,408
2016 $2,510 $4,432 $5,871 $11,516
2017 $2,619 $4,677 $6,179 $12,243
2018 $2,718 $5,083 $6,048 $12,443
2019 $2,837 $5,398 $6,406 $13,241
2020 $2,845 $5,527 $6,776 $16,819
2021 $3,026 $5,960 $9,861 $22,866
2022 $3,133 $6,621 $17,913 $39,711
2023 $3,398 $7,264 $20,474 $54,729
2024 $3,496 $7,776 $29,884 $79,906

Spending and national debt comparison

In 2024, Djibouti's government spending was $898M, accounting for 21.6% of its GDP, while Guyana's spent $5.77B, or 24.3% of GDP.

Debt-to-GDP ratio is 31.2% in Djibouti and 27.7% in Guyana, ranking 158/185 and 163/185, respectively.

Djibouti
Government spending

Government debt
Guyana
Government spending

Government debt
Year % of GDP
Djibouti Guyana
Government spending Government debt Government spending Government debt
1990 30.2% - - -
1991 27.7% - - -
1992 34.9% - - -
1993 35.3% - - -
1994 30.9% - - -
1995 27% 50.9% - -
1996 23.7% 53.1% - -
1997 25% 56% 20.9% 101.3%
1998 24% 55.2% 19.7% 108%
1999 23.5% 58.5% 17.6% 97.1%
2000 23.2% 58.1% 22.9% 97.2%
2001 21% 58.1% 24% 104.6%
2002 23.4% 63.7% 23.1% 105.1%
2003 25.8% 66.3% 23.5% 95.6%
2004 26.7% 65.3% 23.7% 91.8%
2005 26.2% 60.3% 28.4% 90.7%
2006 23.8% 58.3% 29% 74.5%
2007 26.6% 56.6% 25.5% 47%
2008 28.8% 59.3% 24.1% 47.6%
2009 31% 29.5% 25.4% 51.7%
2010 26.6% 27.9% 23.9% 52.5%
2011 25.3% 25.7% 23.5% 51.2%
2012 26.5% 25% 21.8% 44.3%
2013 26.8% 24.6% 21.4% 41.1%
2014 29% 26.9% 23.1% 38.3%
2015 42% 40.3% 21.7% 41.8%
2016 25.9% 45.9% 25.2% 43.8%
2017 23.9% 48% 26.3% 42.9%
2018 25.9% 47.5% 27.6% 47%
2019 24.9% 41.1% 28.1% 43.6%
2020 25.8% 42.1% 30.5% 51.1%
2021 23.1% 40.3% 24.8% 41.2%
2022 21% 38.3% 20.3% 24.8%
2023 21.5% 35.4% 23.7% 26.7%
2024 22% 33.3% 23.2% 24.3%
2025 21.6% 31.2% 24.3% 27.7%

Government deficit by year

In 2024, Djibouti's government deficit, the difference between spending and revenue, was -$184M, equivalent to -4.51% of GDP. This compares to Guyana's deficit of -$1.83B, or -7.35% of GDP.

Over the past 28 years, Djibouti recorded a fiscal deficit in 26 of those years, while Guyana ran a deficit in 28 years. On average, Djibouti posted an annual deficit equal to -2.99% of GDP, compared to deficit of -3.59% of GDP for Guyana.

Deficit/surplus
Djibouti

Guyana
Year Deficit/surplus, % of GDP
Djibouti Guyana
1990 -3.25% -
1991 -0.86% -
1992 -6.13% -
1993 -7.1% -
1994 -4.97% -
1995 -5.13% -
1996 -1.77% -
1997 -2.86% -1.7%
1998 -3.59% -2.67%
1999 -5.2% -0.47%
2000 -3.97% -2.27%
2001 -3.61% -3.71%
2002 -4.56% -2.42%
2003 -4.13% -4.81%
2004 -3.67% -2.88%
2005 -1.18% -6.54%
2006 0.26% -6.16%
2007 -1.88% -3.35%
2008 0.62% -2.78%
2009 -3.88% -2.5%
2010 -1.04% -1.88%
2011 -1.18% -2.13%
2012 -2.04% -3.11%
2013 -0.34% -2.16%
2014 -6.92% -3.88%
2015 -15.5% -0.75%
2016 -0.76% -3.21%
2017 -0.21% -3.14%
2018 -1.98% -2.52%
2019 -0.98% -2.52%
2020 -2.58% -7.78%
2021 -3.05% -6.94%
2022 -1.48% -5.11%
2023 -3.46% -5.78%
2024 -4.51% -7.35%
2025 -3.05% -4.95%

Inflation comparison by year

Over the past 30 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 4.17% in Guyana. In 2025, inflation was 1.5% in Djibouti and 3.6% in Guyana.

Inflation
Djibouti

Guyana
Year Inflation
Djibouti Guyana Djibouti Guyana
1996 3.5% 7.1%
1997 2.5% 3.6%
1998 2.2% 4.6%
1999 -0.4% 7.5%
2000 1.2% 6.1%
2001 1.9% 2.6%
2002 1.4% 5.4%
2003 1.6% 6%
2004 2.4% 4.7%
2005 3.3% 6.9%
2006 3.5% 6.7%
2007 5.9% 12.2%
2008 8.7% 8.1%
2009 5.6% 3%
2010 2.5% 4.3%
2011 5.2% 4.4%
2012 4.2% 2.4%
2013 1.1% 1.9%
2014 1.3% 0.7%
2015 -0.5% -0.9%
2016 2.4% 0.8%
2017 0.6% 1.9%
2018 0.1% 1.3%
2019 3.3% 2.1%
2020 1.8% 1.2%
2021 1.2% 3.3%
2022 5.2% 6.5%
2023 1.4% 4.5%
2024 2.1% 2.5%
2025 1.5% 3.6%

Top exports between countries

Djibouti
Export category Export value
Raw materials & minerals $43K
Guyana
Export category Export value

Balance of trade

Djibouti Guyana
Current account balance
$610M
2024
$2.35B
2023
Current account balance ranking
57/189
2024
41/189
2023
Current account balance, % of GDP
+14.9%
2024
+13.9%
2023
Goods imports
$4.04B
2024
$6B
2023
Goods exports
$4.08B
2024
$13.2B
2023
Service imports
$730M
2024
$4.95B
2023
Service exports
$1.17B
2024
$529M
2023
Imports of goods and services, % of GDP
148.3%
2024
109.7%
2005
Exports of goods and services, % of GDP
160.8%
2024
84.6%
2005

Economic freedom indices

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

Djibouti Guyana
Economic freedom 55.7 58.2
Economic freedom ranking 126/197 109/197
Property rights 30.6 48.2
Government integrity 27.7 38.6
Judicial effectiveness 27.7 48.3
Tax burden 83.5 76.9
Government spending 86.2 83.6
Fiscal health 86.6 39.7
Business freedom 53.7 71.1
Labor freedom 52.8 76.7
Monetary freedom 70.3 76
Trade freedom 49.8 54
Investment freedom 50 55
Financial freedom 50 30

Economic freedom by year comparison

The Economic Freedom Index for Djibouti is 55.7, ranking 126/197, compared to 58.2 for Guyana, ranking 109/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Djibouti
Guyana
Year Economic freedom index
Djibouti Guyana
1995 - 45.7
1996 - 50.1
1997 54.5 53.2
1998 55.9 52.7
1999 57.1 53.3
2000 55.1 52.4
2001 58.3 53.3
2002 57.8 54.3
2003 55.7 50.3
2004 55.6 53
2005 55.2 56.5
2006 53.2 56.6
2007 52.4 53.7
2008 51.2 48.8
2009 51.3 48.4
2010 51 48.4
2011 54.5 49.4
2012 53.9 51.3
2013 53.9 53.8
2014 55.9 55.7
2015 57.5 55.5
2016 56 55.4
2017 46.7 58.5
2018 45.1 58.7
2019 47.1 56.8
2020 52.9 56.2
2021 56.2 57.4
2022 55.3 59.5
2023 56.1 56.9
2024 55.8 57.3
2025 55.7 58.2

More economic indicators

Djibouti Guyana
Services, % of GDP
75.5%
2024
15.3%
2024
Industry, % of GDP
15.4%
2024
74.3%
2024
Agriculture, forestry, and fishing, % of GDP
2.58%
2024
8.02%
2024
GNI, Atlas method
$4.14B
2024
$16.8B
2024
GNI per capita, PPP
$7,850
2024
$52,320
2024
Total reserves including gold
$349M
2024
$1.01B
2024
Total reserves ranking
165/177
2024
141/177
2024
Net foreign direct investment
-$67.8M
2024
$1.14B
2023
Net inflows of foreign direct investment
$67.8M
2024
$8.63B
2024
Net outflows of foreign direct investment
n/a
$5.7M
2024
Servicing debt to the IMF, % of GNI
2.52%
2023
2.72%
2023
Poverty at national poverty lines
23%
2020
35%
2020
Gross capital formation, % of GDP
-3.78%
2024
32.3%
2005

GDP per capita map

GDP per capita

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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.