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Economy of Ethiopia vs Guyana compared: GDP & Debt

Updated on by Georank

Ethiopia has a GDP of $126B compared to $27.1B for Guyana, ranking 66/197 and 120/197 by economy size, respectively.

Ethiopia has $54.4B in government debt (43.1% of GDP), compared to $7.74B (28.6% of GDP) in Guyana.

Ethiopia vs Guyana GDP by year

Ethiopia
Guyana
1x
Year GDP, current $
Ethiopia Guyana
2025 $126,358,758,448 $27,097,477,218
2024 $149,740,297,952 $24,662,714,628
2023 $135,874,093,203 $16,918,503,597
2022 $123,140,304,665 $14,718,388,489
2021 $109,070,960,371 $8,041,362,110
2020 $98,676,811,062 $5,471,256,595
2019 $91,834,517,114 $5,173,760,192
2018 $83,337,901,072 $4,787,636,998
2017 $76,366,081,767 $4,748,174,334
2016 $68,475,871,210 $4,482,697,337
2015 $62,103,418,182 $4,279,840,194
2014 $55,612,228,234 $4,127,660,152
2013 $47,648,276,605 $4,167,800,929
2012 $43,310,721,414 $4,063,088,536
2011 $31,952,763,089 $3,691,384,318
2010 $29,933,790,334 $3,432,912,517
2009 $32,437,389,116 $3,165,663,153
2008 $27,066,912,635 $3,025,187,433
2007 $19,707,616,773 $2,730,971,595
2006 $15,280,861,835 $2,379,817,991
2005 $12,401,139,454 $824,880,550
2004 $10,131,187,261 $787,814,379
2003 $8,623,691,300 $743,063,950
2002 $7,850,809,498 $726,131,435
2001 $8,231,326,016 $712,167,450
2000 $8,242,349,618 $712,667,897
1999 $7,892,973,532 $694,754,988
1998 $8,013,274,132 $717,530,683
1997 $8,803,539,988 $749,138,010
1996 $8,761,215,548 $705,406,001
1995 $7,855,205,207 $621,626,786
1994 $7,100,806,754 $545,278,380
1993 $9,051,043,870 $454,101,382
1992 $10,754,799,037 $373,573,141
1991 $13,799,799,324 $348,533,095
1990 $12,478,943,895 $396,582,263
1989 $11,762,932,007 $379,779,390
1988 $11,181,119,718 $413,799,990
1987 $10,790,001,558 $354,591,847
1986 $10,094,328,898 $504,651,140
1985 $9,717,392,687 $453,488,372
1984 $8,298,309,581 $437,631,605
1983 $8,781,664,427 $489,333,333
1982 $7,899,988,841 $482,000,000
1981 $7,507,663,567 $570,357,107
1980 $7,012,585,454 $603,200,000
1979 $6,586,048,398 $530,440,000
1978 $6,014,961,435 $507,080,000
1977 $5,651,840,585 $449,880,000
1976 $4,943,806,093 $454,440,000
1975 $4,577,047,854 $494,791,667
1974 $4,577,209,966 $433,954,545
1973 $4,070,570,550 $307,047,619
1972 $3,520,252,938 $285,380,952
1971 $3,224,280,835 $282,050,000
1970 $3,045,354,455 $267,800,000
1969 $2,768,987,372 $249,300,000
1968 $2,619,948,865 $229,750,000
1967 $2,461,762,003 $250,176,471
1966 $2,324,466,416 $228,705,882
1965 $2,159,998,591 $213,235,294
1964 $1,984,129,186 $194,774,513
1963 $1,825,058,828 $175,757,894
1962 $1,747,566,307 $194,949,513
1961 $1,680,859,514 $185,849,535
1960 $1,610,511,694 $170,216,241

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

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

GDP per capita in Ethiopia vs Guyana by year

Ethiopia
GDP per capita

GDP per capita, PPP
Guyana
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ethiopia Guyana
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $933 - $32,414 -
2024 $1,134 $3,288 $29,675 $80,155
2023 $1,056 $3,061 $20,474 $54,729
2022 $982 $2,845 $17,913 $39,711
2021 $893 $2,588 $9,861 $22,866
2020 $830 $2,407 $6,776 $16,819
2019 $793 $2,242 $6,406 $13,241
2018 $740 $2,095 $6,048 $12,443
2017 $696 $2,005 $6,179 $12,243
2016 $642 $1,858 $5,871 $11,516
2015 $598 $1,633 $5,640 $11,408
2014 $550 $1,485 $5,473 $11,145
2013 $484 $1,253 $5,557 $11,200
2012 $452 $1,179 $5,444 $10,627
2011 $343 $1,098 $4,947 $10,066
2010 $331 $996 $4,582 $9,337
2009 $369 $899 $4,209 $8,824
2008 $316 $845 $4,009 $8,437
2007 $237.1 $770 $3,608 $8,110
2006 $189.3 $693 $3,136 $7,346
2005 $158.2 $625 $1,084 $6,761
2004 $133.2 $558 $1,033 $6,673
2003 $116.8 $493 $974 $6,392
2002 $109.6 $509 $951 $6,304
2001 $118.5 $509 $932 $6,131
2000 $122.3 $474 $932 $5,860
1999 $120.7 $450 $909 $5,812
1998 $126.5 $436 $940 $5,573
1997 $143.4 $461 $983 $5,615
1996 $147.3 $453 $928 $5,210
1995 $136.5 $409 $820 $4,753
1994 $127.7 $391 $721 $4,447
1993 $168.5 $384 $603 $4,027
1992 $207.4 $343 $498 $3,651
1991 $277.6 $383 $466 $3,322
1990 $262.1 $417 $529 $3,022
1989 $256.4 - $503 -
1988 $253.2 - $545 -
1987 $254.1 - $464 -
1986 $246 - $657 -
1985 $243.9 - $588 -
1984 $214.2 - $565 -
1983 $232.7 - $631 -
1982 $215.3 - $621 -
1981 $212.7 - $735 -
1980 $203.7 - $779 -
1979 $192.4 - $689 -
1978 $178.3 - $663 -
1977 $170.4 - $593 -
1976 $152 - $604 -
1975 $144.3 - $664 -
1974 $147.9 - $588 -
1973 $134.9 - $421 -
1972 $119.8 - $395 -
1971 $112.7 - $396 -
1970 $109.4 - $381 -
1969 $102.3 - $361 -
1968 $99.5 - $340 -
1967 $96.1 - $378 -
1966 $93.2 - $353 -
1965 $88.9 - $336 -
1964 $83.8 - $313 -
1963 $79.2 - $288.8 -
1962 $77.8 - $327 -
1961 $76.7 - $319 -
1960 $75.3 - $299.1 -

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

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

Ethiopia's GDP per capita is $933, ranking 182/197, compared to $32,414 in Guyana, ranking 40/197. Adjusted for purchasing power (GDP per capita PPP), Ethiopia ranks 175th at $3,288, while Guyana ranks 15th at $80,155.

Economic indicators

Ethiopia Guyana
Gross domestic product
$126B
2025
$27.1B
2025
GDP rank
66/197
2025
120/197
2025
GDP growth
9.77%
2024-2025
19.3%
2024-2025
GDP per capita
$933
2025
$32,414
2025
GDP per capita rank
182/197
2025
40/197
2025
GDP per capita, PPP
$3,288
2024
$80,155
2024
GDP per capita PPP rank
175/197
2024
15/197
2024
Government debt
$54.4B
2025
$7.74B
2025
Debt-to-GDP ratio
43.1%
2025
28.6%
2025
Government debt per person
$402
2025
$9,255
2025
Government debt per person rank
172/185
2025
63/185
2025
Average annual personal income after taxes
$2,030
2026
$13,307
2026
Income share by richest 10%
24.8%
2021
34.4%
1998
Income share by poorest 10%
3.5%
2021
1.1%
1998
Government expenditure, % of GDP
12%
2025
23.9%
2025
Consumer prices inflation
13.2%
2024-2025
3.3%
2024-2025
Unemployment rate
3.94%
2021
14.7%
2021
Population
140722974
843423

Spending and national debt comparison by year

Ethiopia
Spending

Debt
Guyana
Spending

Debt
1x
Year % of GDP
Ethiopia Guyana
Government spending Government debt Government spending Government debt
2025 12% 43.1% 23.9% 28.6%
2024 9.54% 33.4% 23.3% 24.3%
2023 10.8% 38.7% 23.7% 26.7%
2022 12.7% 46.9% 20.4% 24.8%
2021 13.8% 53.8% 24.8% 38.9%
2020 14.5% 53.2% 30.5% 47.4%
2019 15.4% 54.7% 28.1% 34.2%
2018 16.1% 58.4% 27.6% 37.4%
2017 18% 55.3% 26.3% 35.2%
2016 17.9% 51.8% 25.2% 35.7%
2015 17.3% 50.7% 21.7% 42.2%
2014 17.5% 44.2% 23.1% 38.7%
2013 17.8% 44.1% 21.4% 41.4%
2012 16.6% 39.4% 21.8% 44.7%
2011 18.2% 44.6% 23.5% 51.7%
2010 18.5% 39.4% 23.9% 53.1%
2009 17.1% 30% 25.4% 52.3%
2008 18.8% 56.1% 24.1% 48.2%
2007 20.5% 55.7% 25.5% 47.7%
2006 22.1% 79.6% 29% 74.5%
2005 22.9% 78.2% 28.4% 90.7%
2004 23.1% 103.1% 23.7% 91.8%
2003 27% 103.7% 23.5% 95.6%
2002 24.9% 107.4% 23.1% 105.1%
2001 22.4% 97.3% 24% 104.6%
2000 25.6% 93.6% 22.9% 97.2%
1999 26.8% 97.8% 17.6% 97.1%
1998 21.1% 89.3% 19.7% 108%
1997 17.9% 80.3% 20.9% 101.3%
1996 18.8% 132.8% - -
1995 17.4% 146.6% - -
1994 17.6% 155.2% - -
1993 13.8% 141% - -
1992 14.2% 87.9% - -
1991 17.3% 89.3% - -
1990 20.9% 91.6% - -
1989 24% 84.7% - -
1988 21.6% 84.3% - -
1987 18.4% 82.3% - -
1986 19.8% 75.7% - -
1985 19.7% 67.7% - -
1984 18.8% 65.4% - -
1983 21.3% 55.2% - -
1982 16.4% 48.8% - -
1981 14.2% 30.6% - -
1980 13.5% 18.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1991, retrieved 2026-07-08).

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

In 2025, Ethiopia's government spending was $15.2B, accounting for 12% of its GDP, while Guyana spent $6.48B, or 23.9% of GDP.

Debt-to-GDP ratio is 43.1% in Ethiopia and 28.6% in Guyana, ranking 122/185 and 160/185, respectively.

Government deficit by year

Deficit/surplus
Ethiopia

Guyana
1x
Year Deficit/surplus, % of GDP
Ethiopia Guyana
2025 -1.19% -5.37%
2024 -1.99% -7.27%
2023 -2.6% -5.62%
2022 -4.16% -5.1%
2021 -2.77% -6.94%
2020 -2.76% -7.78%
2019 -2.53% -2.52%
2018 -3.03% -2.52%
2017 -3.24% -3.14%
2016 -2.3% -3.21%
2015 -1.95% -0.75%
2014 -2.58% -3.88%
2013 -1.93% -2.16%
2012 -1.17% -3.11%
2011 -1.61% -2.13%
2010 -1.32% -1.88%
2009 -0.93% -2.5%
2008 -2.88% -2.78%
2007 -3.57% -3.35%
2006 -3.79% -6.16%
2005 -4.12% -6.54%
2004 -2.65% -2.88%
2003 -5.59% -4.81%
2002 -5.76% -2.42%
2001 -3.76% -3.71%
2000 -8.88% -2.27%
1999 -8.54% -0.47%
1998 -3.65% -2.67%
1997 -1.76% -1.7%
1996 -3.93% -
1995 -2.76% -
1994 -5.39% -
1993 -4.12% -
1992 -4.92% -
1991 -6% -
1990 -6.86% -
1989 -4.33% -
1988 -3.48% -
1987 -3.54% -
1986 -3.98% -
1985 -4.71% -
1984 -3.69% -
1983 -7.59% -
1982 -3.6% -
1981 -2.19% -
1980 -2.56% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-07-08).

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

In 2025, Ethiopia's government deficit, the difference between spending and revenue, was $1.5B, equivalent to 1.19% of GDP. This compares to Guyana's deficit of $1.46B, or 5.37% of GDP.

Over the past 29 years, Ethiopia recorded a fiscal deficit in 29 of those years, while Guyana ran a deficit in 29 years. On average, Ethiopia posted an annual deficit equal to 3.21% of GDP, compared to deficit of 3.64% of GDP for Guyana.

Inflation comparison by year

Inflation
Ethiopia

Guyana
1x
Year Consumer prices inflation
Ethiopia Guyana
2025 13.2% 3.3%
2024 21% 2.9%
2023 30.2% 2.8%
2022 33.9% 6.9%
2021 26.8% 4.5%
2020 20.4% 0.7%
2019 15.8% 2.1%
2018 13.8% 1.3%
2017 10.7% 1.9%
2016 6.63% 0.8%
2015 9.57% -0.9%
2014 6.89% 0.7%
2013 7.46% 1.9%
2012 23.6% 2.4%
2011 33.2% 4.4%
2010 8.15% 4.3%
2009 8.48% 3%
2008 44.4% 8.1%
2007 17.2% 12.2%
2006 12.3% 6.7%
2005 9.97% 6.9%
2004 3.33% 4.7%
2003 13.7% 6%
2002 0.68% 5.4%
2001 -8.24% 2.6%
2000 0.66% 6.1%
1999 7.94% 7.5%
1998 0.89% 4.6%
1997 2.4% 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/ethiopia/guyana | CC BY

Over the past 29 years, Ethiopia has recorded an average annual inflation rate of 13.6%, compared with 4.05% in Guyana. In 2025, inflation was 13.2% in Ethiopia and 3.3% in Guyana.

Balance of trade

Ethiopia Guyana
Current account balance
-$3.79B
2024
$2.35B
2023
Current account balance ranking
154/190
2024
42/190
2023
Current account balance, % of GDP
-2.53%
2024
+13.9%
2023
Goods imports
$19.6B
2024
$6B
2023
Goods exports
$5.58B
2024
$13.2B
2023
Service imports
$5.51B
2024
$4.95B
2023
Service exports
$7.61B
2024
$529M
2023
Imports of goods and services, % of GDP
20.2%
2025
109.7%
2005
Exports of goods and services, % of GDP
13.3%
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.

Ethiopia Guyana
Economic freedom 48.1 58.7
Economic freedom ranking 171/197 109/197
Property rights 22.1 46.7
Government integrity 33.2 38.8
Judicial effectiveness 19.1 48.6
Tax burden 78.6 76.4
Government spending 96.4 85
Fiscal health 84.3 39.9
Business freedom 44.5 70.9
Labor freedom 37.8 76
Monetary freedom 53.7 78.5
Trade freedom 57.4 59.2
Investment freedom 30 55
Financial freedom 20 30

Economic freedom comparison by year

Ethiopia
Guyana
1x
Year Economic freedom index
Ethiopia Guyana
2026 48.1 58.7
2025 48.1 58.2
2024 47.9 57.3
2023 48.3 56.9
2022 49.6 59.5
2021 51.7 57.4
2020 53.6 56.2
2019 53.6 56.8
2018 52.8 58.7
2017 52.7 58.5
2016 51.5 55.4
2015 51.5 55.5
2014 50 55.7
2013 49.4 53.8
2012 52 51.3
2011 50.5 49.4
2010 51.2 48.4
2009 53 48.4
2008 52.5 48.8
2007 53.6 53.7
2006 50.9 56.6
2005 51.1 56.5
2004 54.5 53
2003 48.8 50.3
2002 49.8 54.3
2001 48.9 53.3
2000 50.2 52.4
1999 46.7 53.3
1998 49.2 52.7
1997 48.1 53.2
1996 45.9 50.1
1995 42.6 45.7

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

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

The Economic Freedom Index for Ethiopia is 48.1, ranking 171/197, 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

Ethiopia Guyana
Services, % of GDP
36.6%
2025
14.8%
2025
Industry, % of GDP
27.8%
2025
75.1%
2025
Agriculture, forestry, and fishing, % of GDP
32.8%
2025
7.73%
2025
GNI, Atlas method
$151B
2025
$23.8B
2025
GNI per capita, PPP
$3,620
2025
$80,300
2025
Total reserves including gold
$3.78B
2024
$1.36B
2025
Total reserves ranking
113/177
2024
136/177
2025
Net foreign direct investment
-$4.02B
2024
$1.14B
2023
Net inflows of foreign direct investment
$4.02B
2024
$8.63B
2024
Net outflows of foreign direct investment
$0
2024
$5.7M
2024
Servicing debt to the IMF, % of GNI
0.91%
2024
2.84%
2024
Poverty at national poverty lines
33.1%
2021
35%
2020
Gross capital formation, % of GDP
20.1%
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/ethiopia/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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1991, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. 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.