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Economy of El Salvador vs Guinea compared: GDP & Debt

Updated on by Georank

El Salvador has a GDP of $36.7B compared to $28.3B for Guinea, ranking 108/197 and 117/197 by economy size, respectively.

El Salvador has $32B in government debt (87.2% of GDP), compared to $13.6B (48.1% of GDP) in Guinea.

El Salvador vs Guinea GDP by year

El Salvador
Guinea
1x
Year GDP, current $
El Salvador Guinea
2025 $36,708,110,000 $28,346,024,753
2024 $34,879,730,000 $25,008,678,293
2023 $33,565,430,000 $22,407,615,556
2022 $31,870,110,000 $19,910,452,542
2021 $29,043,140,000 $17,069,115,738
2020 $24,921,190,000 $14,088,693,743
2019 $26,881,140,000 $13,442,861,496
2018 $26,020,850,000 $11,857,030,367
2017 $24,979,190,000 $10,324,668,271
2016 $24,191,430,000 $8,595,955,222
2015 $23,438,240,000 $8,794,201,743
2014 $22,593,470,000 $8,778,473,373
2013 $21,990,960,000 $8,376,613,539
2012 $21,386,150,000 $7,638,044,557
2011 $20,283,780,000 $6,785,137,203
2010 $18,447,920,000 $6,853,467,146
2009 $17,601,620,000 $6,716,905,340
2008 $17,986,890,000 $6,964,179,983
2007 $17,011,750,000 $6,281,918,226
2006 $15,999,890,000 $4,220,019,845
2005 $14,698,000,000 $4,282,468,637
2004 $13,724,810,900 $5,300,767,961
2003 $13,243,892,200 $5,025,167,975
2002 $12,664,190,300 $4,301,608,753
2001 $12,282,533,600 $4,125,527,603
2000 $11,784,927,700 $4,367,458,867
1999 $11,284,197,000 $5,046,806,783
1998 $10,936,669,900 $5,232,118,046
1997 $10,221,705,900 $5,516,916,163
1996 $9,586,327,800 $5,641,243,100
1995 $8,921,947,100 $5,385,704,166
1994 $7,679,384,000 $4,932,800,407
1993 $6,680,269,200 $4,781,166,117
1992 $5,813,399,300 $4,789,220,417
1991 $5,252,342,400 $4,396,178,694
1990 $4,817,542,204 $3,888,320,666
1989 $4,372,215,300 $3,546,079,263
1988 $4,189,880,000 $3,476,480,303
1987 $3,958,045,800 $2,976,714,019
1986 $3,771,663,200 $2,909,130,355
1985 $3,800,368,600 $22,787,644,566
1984 $3,661,683,400 $18,421,497,251
1983 $3,506,347,800 $15,129,893,722
1982 $3,399,189,100 $11,926,032,493
1981 $3,437,200,200 $9,646,440,667
1980 $3,573,959,900 $9,746,524,915
1979 $3,463,639,900 $8,877,094,497
1978 $3,127,960,000 $8,087,305,999
1977 $2,941,640,100 $6,914,381,291
1976 $2,328,280,100 $6,762,781,871
1975 $1,884,120,100 $6,102,769,605
1974 $1,665,880,000 $5,691,417,541
1973 $1,442,320,000 $5,152,080,388
1972 $1,263,720,000 $4,203,069,035
1971 $1,186,120,000 $3,594,302,908
1970 $1,132,920,000 $3,220,224,608
1969 $1,049,400,000 -
1968 $1,009,760,100 -
1967 $976,200,000 -
1966 $929,520,000 -
1965 $877,720,000 -

Data sources: World Bank | Economy & Growth (1965–2025, retrieved 2026-07-08).

GeoRank.org/economy/el-salvador/guinea | CC BY

GDP per capita in El Salvador vs Guinea by year

El Salvador
GDP per capita

GDP per capita, PPP
Guinea
GDP per capita

GDP per capita, PPP
1x
Year Current $
El Salvador Guinea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,767 - $1,877 -
2024 $5,503 $13,264 $1,695 $4,565
2023 $5,320 $12,680 $1,555 $4,334
2022 $5,075 $11,876 $1,417 $4,062
2021 $4,643 $10,810 $1,245 $3,739
2020 $3,997 $9,393 $1,054 $3,332
2019 $4,320 $9,757 $1,031 $3,106
2018 $4,184 $9,204 $933 $2,844
2017 $4,020 $8,965 $834 $2,687
2016 $3,901 $8,456 $712 $2,255
2015 $3,790 $7,934 $747 $1,930
2014 $3,666 $7,504 $765 $1,873
2013 $3,582 $7,093 $748 $1,842
2012 $3,498 $6,708 $699 $1,790
2011 $3,331 $6,594 $637 $1,705
2010 $3,040 $6,248 $659 $1,622
2009 $2,910 $6,063 $662 $1,567
2008 $2,983 $6,175 $704 $1,614
2007 $2,831 $5,949 $650 $1,558
2006 $2,666 $5,695 $447 $1,453
2005 $2,447 $5,292 $463 $1,422
2004 $2,286 $4,998 $585 $1,366
2003 $2,208 $4,829 $566 $1,328
2002 $2,115 $4,672 $496 $1,315
2001 $2,058 $4,543 $483 $1,251
2000 $1,983 $4,422 $518 $1,196
1999 $1,908 $4,298 $611 $1,163
1998 $1,860 $4,171 $647 $1,130
1997 $1,749 $4,043 $696 $1,099
1996 $1,651 $3,880 $726 $1,048
1995 $1,548 $3,808 $713 $1,014
1994 $1,344 $3,591 $672 $976
1993 $1,180 $3,390 $671 $947
1992 $1,041 $3,171 $693 $908
1991 $956 $2,945 $656 $887
1990 $892 $2,856 $604 $871
1989 $825 - $570 -
1988 $806 - $574 -
1987 $777 - $505 -
1986 $755 - $506 -
1985 $776 - $4,062 -
1984 $763 - $3,362 -
1983 $745 - $2,823 -
1982 $735 - $2,273 -
1981 $752 - $1,876 -
1980 $787 - $1,931 -
1979 $773 - $1,790 -
1978 $712 - $1,658 -
1977 $684 - $1,440 -
1976 $553 - $1,431 -
1975 $457 - $1,311 -
1974 $413 - $1,243 -
1973 $366 - $1,143 -
1972 $329 - $948 -
1971 $316 - $825 -
1970 $309 - $753 -
1969 $293.4 - - -
1968 $290.1 - - -
1967 $288.4 - - -
1966 $282.4 - - -
1965 $274.3 - - -

Data sources: World Bank | Economy & Growth (1965–2025, retrieved 2026-07-08).

GeoRank.org/economy/el-salvador/guinea | CC BY

El Salvador's GDP per capita is $5,767, ranking 117/197, compared to $1,877 in Guinea, ranking 161/197. Adjusted for purchasing power (GDP per capita PPP), El Salvador ranks 120th at $13,264, while Guinea ranks 161st at $4,565.

Economic indicators

El Salvador Guinea
Gross domestic product
$36.7B
2025
$28.3B
2025
GDP rank
108/197
2025
117/197
2025
GDP growth
3.91%
2024-2025
7.45%
2024-2025
GDP per capita
$5,767
2025
$1,877
2025
GDP per capita rank
117/197
2025
161/197
2025
GDP per capita, PPP
$13,264
2024
$4,565
2024
GDP per capita PPP rank
120/197
2024
161/197
2024
Government debt
$32B
2025
$13.6B
2025
Debt-to-GDP ratio
87.2%
2025
48.1%
2025
Government debt per person
$5,030
2025
$902
2025
Government debt per person rank
86/185
2025
146/185
2025
Average annual personal income after taxes
$5,010
2026
$1,966
2026
Income share by richest 10%
29.7%
2023
23.1%
2018
Income share by poorest 10%
1.9%
2023
3.5%
2018
Government expenditure, % of GDP
30.2%
2025
25.2%
2025
Consumer prices inflation
0.26%
2024-2025
3.1%
2024-2025
Unemployment rate
2.71%
2024
5.02%
2019
Population
6404781
15624314

Spending and national debt comparison by year

El Salvador
Spending

Debt
Guinea
Spending

Debt
1x
Year % of GDP
El Salvador Guinea
Government spending Government debt Government spending Government debt
2025 30.2% 87.2% 25.2% 48.1%
2024 31.4% 87.4% 20.6% 48.3%
2023 30.5% 85% 18.3% 39.8%
2022 28.7% 83.7% 15.7% 37.2%
2021 31.1% 88% 15.1% 40.6%
2020 32.7% 95.4% 17.1% 45.3%
2019 27.8% 77.9% 14.9% 37.3%
2018 27.6% 77% 15.9% 37.5%
2017 28.1% 77.1% 17.3% 39.9%
2016 27.5% 75.2% 16.1% 40.6%
2015 27.1% 73.5% 21.7% 41.5%
2014 27.6% 71.8% 20.1% 32.1%
2013 28.5% 69.7% 18.6% 30.5%
2012 27.4% 70% 19.6% 26.9%
2011 25.3% 65.6% 16% 53.8%
2010 25.6% 66.8% 20.5% 71.1%
2009 26% 65.8% 16.2% 61.3%
2008 24.5% 54.2% 10.1% 58.5%
2007 22.8% 52.2% 8.66% 60.8%
2006 23.4% 52.6% 13.2% 95.2%
2005 22.4% 46.3% 11% 97.9%
2004 21.5% 46.8% 13% 86.9%
2003 22.6% 46% 14.7% 81.6%
2002 22.5% 43.8% 14.4% 82.6%
2001 21.7% 37.8% 14.9% 90.4%
2000 21% 29.6% 12.6% 91.5%
1999 19.7% 28% 11.6% 92.3%
1998 19.3% 25.7% 10.3% 75.9%
1997 18.6% 27.8% 12.6% 67.9%
1996 21% 28.5% 12% 67.7%
1995 18.6% 28% 12.7% 66.5%
1994 18.9% 30.5% 12.6% 71.3%
1993 18.5% 31.9% 13.3% 68.9%
1992 20.8% 36.4% 13.8% 62%
1991 18.5% 43.3% 16.3% 70.9%
1990 15.9% - 18.7% 71.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/el-salvador/guinea | CC BY

In 2025, El Salvador's government spending was $11.1B, accounting for 30.2% of its GDP, while Guinea spent $7.13B, or 25.2% of GDP.

Debt-to-GDP ratio is 87.2% in El Salvador and 48.1% in Guinea, ranking 32/185 and 111/185, respectively.

Government deficit by year

Deficit/surplus
El Salvador

Guinea
1x
Year Deficit/surplus, % of GDP
El Salvador Guinea
2025 -2.82% -7%
2024 -4.55% -4.99%
2023 -4.69% -3.86%
2022 -2.68% -1.88%
2021 -5.53% -1.7%
2020 -8.14% -3.08%
2019 -3.07% -0.17%
2018 -2.71% -0.97%
2017 -2.53% -1.98%
2016 -3.1% -0.08%
2015 -3.63% -6.53%
2014 -4.02% -3.01%
2013 -4.46% -3.86%
2012 -3.81% 23.7%
2011 -4.47% -0.92%
2010 -4.97% -9.66%
2009 -6.65% -4.87%
2008 -3.8% 0.38%
2007 -2.32% 1.28%
2006 -3.42% -2.13%
2005 -3.47% -1.06%
2004 -2.76% -3.85%
2003 -4.23% -4.65%
2002 -5.5% -3.37%
2001 -4.95% -3.23%
2000 -3.45% -2.42%
1999 -3.08% -1.3%
1998 -2.94% 2.46%
1997 -1.97% 0.07%
1996 -2.7% -2.2%
1995 -0.18% -1.07%
1994 -0.94% -2.59%
1993 -1.42% -2.33%
1992 -4.29% -0.89%
1991 -2.3% -3.25%
1990 -0.61% -3.76%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/el-salvador/guinea | CC BY

In 2025, El Salvador's government deficit, the difference between spending and revenue, was $1.03B, equivalent to 2.82% of GDP. This compares to Guinea's deficit of $1.98B, or 7% of GDP.

Over the past 36 years, El Salvador recorded a fiscal deficit in 36 of those years, while Guinea ran a deficit in 31 years. On average, El Salvador posted an annual deficit equal to 3.5% of GDP, compared to deficit of 1.8% of GDP for Guinea.

Inflation comparison by year

Inflation
El Salvador

Guinea
1x
Year Consumer prices inflation
El Salvador Guinea
2025 0.26% 3.1%
2024 0.85% 4.5%
2023 4.05% 5.4%
2022 7.2% 10.5%
2021 3.47% 12.6%
2020 -0.37% 10.6%
2019 0.08% 9.5%
2018 1.09% 9.8%
2017 1.01% 8.9%
2016 0.6% 8.2%
2015 -0.73% 8.2%
2014 1.14% 9.7%
2013 0.76% 11.9%
2012 1.73% 15.2%
2011 5.13% 21.4%
2010 1.18% 15.5%
2009 1.06% 4.7%
2008 6.71% 18.4%
2007 4.58% 22.9%
2006 4.04% 34.7%
2005 4.69% 31.4%
2004 4.45% 17.5%
2003 2.12% 11%
2002 1.87% 3%
2001 3.75% 5.4%
2000 2.27% 6.8%
1999 0.51% 4.6%
1998 2.55% 5.1%
1997 4.49% 1.9%

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/el-salvador/guinea | CC BY

Over the past 29 years, El Salvador has recorded an average annual inflation rate of 2.43%, compared with 11.5% in Guinea. In 2025, inflation was 0.26% in El Salvador and 3.1% in Guinea.

Balance of trade

El Salvador Guinea
Current account balance
-$1.3B
2025
-$392M
2024
Current account balance ranking
125/190
2025
101/190
2024
Current account balance, % of GDP
-3.54%
2025
-1.57%
2024
Goods imports
$16.7B
2025
$7.08B
2024
Goods exports
$5.55B
2025
$11.6B
2024
Service imports
$3.94B
2025
$3.15B
2024
Service exports
$6.21B
2025
$71.2M
2024
Imports of goods and services, % of GDP
56.1%
2025
62.3%
2025
Exports of goods and services, % of GDP
32%
2025
41.4%
2025

Economic freedom indices

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

El Salvador Guinea
Economic freedom 57.7 53.1
Economic freedom ranking 114/197 141/197
Property rights 42.7 21.3
Government integrity 31.5 26.7
Judicial effectiveness 15.3 26
Tax burden 76.8 70.1
Government spending 72.7 90.1
Fiscal health 59.4 74.8
Business freedom 65.7 44.8
Labor freedom 51.6 56.4
Monetary freedom 70.6 75.3
Trade freedom 76.4 61.8
Investment freedom 70 50
Financial freedom 60 40

Economic freedom comparison by year

El Salvador
Guinea
1x
Year Economic freedom index
El Salvador Guinea
2026 57.7 53.1
2025 56.6 54.6
2024 54.4 53.3
2023 56 53.2
2022 59.6 54.2
2021 61 56.5
2020 61.6 56.5
2019 61.8 55.7
2018 63.2 52.2
2017 64.1 47.6
2016 65.1 53.3
2015 65.7 52.1
2014 66.2 53.5
2013 66.7 51.2
2012 68.7 50.8
2011 68.8 51.7
2010 69.9 51.8
2009 69.8 51
2008 68.5 52.8
2007 68.9 54.5
2006 69.6 52.8
2005 71.5 57.4
2004 71.2 56.1
2003 71.5 54.6
2002 73 52.9
2001 73 58.4
2000 76.3 58.2
1999 75.1 59.4
1998 70.2 61
1997 70.5 52.9
1996 70.1 58.5
1995 69.1 59.4

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

GeoRank.org/economy/el-salvador/guinea | CC BY

The Economic Freedom Index for El Salvador is 57.7, ranking 114/197, compared to 53.1 for Guinea, ranking 141/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

El Salvador Guinea
Services, % of GDP
58.9%
2025
35.7%
2025
Industry, % of GDP
24.5%
2025
25.4%
2025
Agriculture, forestry, and fishing, % of GDP
4.4%
2025
31.3%
2025
GNI, Atlas method
$34.4B
2025
$26.2B
2025
GNI per capita, PPP
$13,140
2025
$4,730
2025
Total reserves including gold
$4.82B
2025
$1.35B
2024
Total reserves ranking
107/177
2025
137/177
2024
Net foreign direct investment
-$445M
2025
-$1.4B
2024
Net inflows of foreign direct investment
$1.05B
2024
$1.4B
2024
Net outflows of foreign direct investment
$310M
2024
$30K
2024
Servicing debt to the IMF, % of GNI
35.5%
2024
1.94%
2024
Poverty at national poverty lines
27.2%
2023
47%
2020
Gross capital formation, % of GDP
26.3%
2025
37%
2025

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/el-salvador/guinea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1965–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.