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Economy of Finland vs Guyana compared: GDP & Debt

Updated on by Georank team

Finland has a GDP of $299B compared to $24.7B for Guyana, ranking 47/197 and 120/197 by economy size, respectively.

Finland has $245B in government debt (82.1% of GDP), compared to $5.99B (24.3% of GDP) in Guyana.

Finland vs Guyana GDP by year

Finland
Guyana
1x
Year GDP, current $
Finland Guyana
2024 $298,696,961,298 $24,662,709,832
2023 $295,021,982,463 $16,918,503,597
2022 $280,253,099,309 $14,718,388,489
2021 $294,223,210,496 $8,041,362,110
2020 $270,000,311,606 $5,471,256,595
2019 $267,014,821,129 $5,173,760,192
2018 $273,869,255,596 $4,787,636,998
2017 $253,846,138,440 $4,748,174,334
2016 $238,777,818,793 $4,482,697,337
2015 $233,210,733,506 $4,279,840,194
2014 $273,478,528,955 $4,127,660,152
2013 $270,268,036,626 $4,167,800,929
2012 $257,443,384,493 $4,063,088,536
2011 $275,126,915,516 $3,691,384,318
2010 $249,429,613,683 $3,432,912,517
2009 $253,480,783,439 $3,165,663,153
2008 $285,698,662,071 $3,025,187,433
2007 $256,360,251,538 $2,730,971,595
2006 $217,044,068,234 $2,379,817,991
2005 $204,859,368,791 $824,880,550
2004 $197,458,297,640 $787,814,379
2003 $171,612,867,736 $743,063,950
2002 $140,360,963,812 $726,131,435
2001 $129,519,672,869 $712,167,450
2000 $125,967,821,111 $712,667,897
1999 $135,234,241,918 $694,754,988
1998 $133,990,876,725 $717,530,683
1997 $126,862,902,302 $749,138,010
1996 $131,991,975,149 $705,406,001
1995 $134,060,457,516 $621,626,786
1994 $103,182,697,780 $540,874,934
1993 $89,112,105,756 $454,101,382
1992 $112,537,828,511 $373,573,141
1991 $127,794,441,994 $348,533,095
1990 $141,446,120,355 $396,582,263
1989 $118,991,270,611 $379,779,390
1988 $109,039,090,263 $413,799,990
1987 $91,564,993,913 $354,591,847
1986 $73,511,611,541 $504,651,140
1985 $55,856,676,899 $453,488,372
1984 $52,870,993,273 $437,631,605
1983 $50,956,447,481 $489,333,333
1982 $52,784,013,815 $482,000,000
1981 $52,440,066,134 $570,357,107
1980 $53,649,984,061 $603,200,000
1979 $44,469,218,440 $530,440,000
1978 $36,259,392,058 $507,080,000
1977 $33,502,784,418 $449,880,000
1976 $31,852,352,670 $454,440,000
1975 $29,475,251,333 $494,791,667
1974 $24,851,036,710 $433,954,545
1973 $19,474,098,335 $307,047,619
1972 $14,744,499,570 $285,380,952
1971 $12,528,522,307 $282,050,000
1970 $11,358,529,162 $267,800,000
1969 $10,177,524,839 $249,300,000
1968 $8,916,565,041 $229,750,000
1967 $9,468,272,357 $250,176,471
1966 $9,306,142,172 $228,705,882
1965 $8,680,393,839 $213,235,294
1964 $7,848,987,793 $194,774,513
1963 $6,958,916,548 $175,757,894
1962 $6,407,796,043 $194,949,513
1961 $5,984,433,774 $185,849,535
1960 $5,279,481,824 $170,216,241

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Finland vs Guyana by year

Finland
GDP per capita

GDP per capita, PPP
Guyana
GDP per capita

GDP per capita, PPP
1x
Year Current $
Finland Guyana
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $53,150 $65,378 $29,675 $80,155
2023 $52,834 $63,415 $20,474 $54,729
2022 $50,441 $62,133 $17,913 $39,711
2021 $53,099 $56,790 $9,861 $22,866
2020 $48,829 $53,297 $6,776 $16,819
2019 $48,358 $52,276 $6,406 $13,241
2018 $49,654 $49,249 $6,048 $12,443
2017 $46,085 $47,235 $6,179 $12,243
2016 $43,451 $44,562 $5,871 $11,516
2015 $42,560 $42,258 $5,640 $11,408
2014 $50,074 $41,547 $5,473 $11,145
2013 $49,691 $41,326 $5,557 $11,200
2012 $47,552 $40,739 $5,444 $10,627
2011 $51,060 $40,846 $4,947 $10,066
2010 $46,506 $38,946 $4,582 $9,337
2009 $47,478 $37,988 $4,209 $8,824
2008 $53,769 $40,081 $4,009 $8,437
2007 $48,473 $37,843 $3,608 $8,110
2006 $41,214 $34,440 $3,136 $7,346
2005 $39,050 $32,048 $1,084 $6,761
2004 $37,768 $31,195 $1,033 $6,673
2003 $32,920 $29,043 $974 $6,392
2002 $26,989 $28,596 $951 $6,304
2001 $24,965 $27,798 $932 $6,131
2000 $24,336 $26,783 $932 $5,860
1999 $26,180 $24,762 $909 $5,812
1998 $26,000 $23,570 $940 $5,573
1997 $24,682 $21,787 $983 $5,615
1996 $25,757 $20,067 $928 $5,210
1995 $26,246 $19,568 $820 $4,753
1994 $20,278 $18,458 $716 $4,447
1993 $17,589 $17,458 $603 $4,027
1992 $22,320 $17,271 $498 $3,651
1991 $25,489 $17,563 $466 $3,322
1990 $28,366 $18,149 $529 $3,022
1989 $23,969 - $503 -
1988 $22,044 - $545 -
1987 $18,565 - $464 -
1986 $14,947 - $657 -
1985 $11,394 - $588 -
1984 $10,830 - $565 -
1983 $10,494 - $631 -
1982 $10,935 - $621 -
1981 $10,925 - $735 -
1980 $11,225 - $779 -
1979 $9,333 - $689 -
1978 $7,629 - $663 -
1977 $7,070 - $593 -
1976 $6,740 - $604 -
1975 $6,256 - $664 -
1974 $5,298 - $588 -
1973 $4,174 - $421 -
1972 $3,178 - $395 -
1971 $2,716 - $396 -
1970 $2,466 - $381 -
1969 $2,201 - $361 -
1968 $1,927 - $340 -
1967 $2,056 - $378 -
1966 $2,032 - $353 -
1965 $1,902 - $336 -
1964 $1,726 - $313 -
1963 $1,538 - $288.8 -
1962 $1,427 - $327 -
1961 $1,341 - $319 -
1960 $1,192 - $299.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Finland's GDP per capita is $53,150, ranking 23/197, compared to $29,675 in Guyana, ranking 41/197. Adjusted for purchasing power (GDP per capita PPP), Finland ranks 27th at $65,378, while Guyana ranks 15th at $80,155.

Economic indicators

Finland Guyana
Gross domestic product
$299B
2024
$24.7B
2024
GDP rank
47/197
2024
120/197
2024
GDP growth
0.42%
2023-2024
43.8%
2023-2024
GDP per capita
$53,150
2024
$29,675
2024
GDP per capita rank
23/197
2024
41/197
2024
GDP per capita, PPP
$65,378
2024
$80,155
2024
GDP per capita PPP rank
27/197
2024
15/197
2024
Government debt
$245B
2024
$5.99B
2024
Debt-to-GDP ratio
82.1%
2024
24.3%
2024
Government debt per person
$43,662
2024
$7,213
2024
Government debt per person rank
12/185
2024
66/185
2024
Average annual personal income after taxes
$36,394
2026
$13,212
2026
Market capitalization of domestic companies
$20.3B
2004
n/a
Number of billionaires
7
2025
n/a
Income share by richest 10%
22.5%
2023
34.4%
1998
Income share by poorest 10%
3.7%
2023
1.1%
1998
Government expenditure, % of GDP
57.7%
2024
23.2%
2024
Consumer prices inflation
1.57%
2023-2024
2.5%
2023-2024
Unemployment rate
8.34%
2024
13.2%
2019
Population
5631965
842249

Spending and national debt comparison by year

Finland
Spending

Debt
Guyana
Spending

Debt
1x
Year % of GDP
Finland Guyana
Government spending Government debt Government spending Government debt
2024 57.7% 82.1% 23.2% 24.3%
2023 55.9% 77.5% 23.7% 26.7%
2022 52.6% 74% 20.3% 24.8%
2021 55.2% 73.2% 24.8% 45.7%
2020 56.5% 75.3% 30.5% 59.5%
2019 52.6% 65.3% 28.1% 54%
2018 52.7% 65.3% 27.6% 47.9%
2017 52.8% 66.6% 26.3% 46.1%
2016 55.1% 68.6% 25.2% 44%
2015 55.7% 68.8% 21.7% 42.2%
2014 57.6% 64.8% 23.1% 38.7%
2013 57.1% 60.8% 21.4% 41.4%
2012 55.7% 57.9% 21.8% 44.7%
2011 53.8% 52% 23.5% 51.7%
2010 54% 50.1% 23.9% 53.1%
2009 54.1% 41.5% 25.4% 52.3%
2008 47.9% 32.6% 24.1% 48.2%
2007 46.7% 33.9% 25.5% 47.7%
2006 48.3% 38% 29% 74.5%
2005 49.2% 39.9% 28.4% 90.7%
2004 48.2% 42.6% 23.7% 91.8%
2003 48.3% 42.7% 23.5% 95.6%
2002 47.5% 40.1% 23.1% 105.1%
2001 46.2% 40.9% 24% 104.6%
2000 46.9% 42.4% 22.9% 97.2%
1999 49.9% 44% 17.6% 97.1%
1998 51.3% 46.8% 19.7% 108%
1997 54.9% 52.2% 20.9% 101.3%
1996 58.5% 55.4% - -
1995 60% 55.2% - -
1994 62.2% 56.2% - -
1993 63.7% 54.2% - -
1992 60.8% 39.3% - -
1991 55.8% 21.9% - -
1990 47.1% 13.9% - -
1989 44.4% 14.3% - -
1988 46.4% 16.5% - -
1987 47.8% 17.6% - -
1986 46.9% 16.4% - -
1985 46.3% 15.8% - -
1984 44.4% 15.2% - -
1983 44.4% 15.4% - -
1982 42.7% 13.9% - -
1981 41% 11.5% - -
1980 40.1% 10.9% - -
1979 40.3% 11% - -
1978 41.3% 10.7% - -
1977 41.7% 8.22% - -
1976 39.8% 7.09% - -
1975 38.6% 6.76% - -
1974 22.9% 2.97% - -
1973 21.8% 4.42% - -
1972 20.4% 6.46% - -
1971 22.8% 7.94% - -
1970 21.9% 9.19% - -
1969 22.2% 10.8% - -
1968 25.5% 13.9% - -
1967 23.5% 14.2% - -
1966 23.3% 13.7% - -
1965 23.2% 13% - -
1964 22.8% 12.5% - -
1963 21.6% 12.2% - -
1962 23.9% 10.3% - -
1961 22.7% 9.12% - -
1960 22.5% 9.96% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Finland's government spending was $172B, accounting for 57.7% of its GDP, while Guyana spent $5.72B, or 23.2% of GDP.

Debt-to-GDP ratio is 82.1% in Finland and 24.3% in Guyana, ranking 42/185 and 168/185, respectively.

Government deficit by year

Deficit/surplus
Finland

Guyana
1x
Year Deficit/surplus, % of GDP
Finland Guyana
2024 -4.41% -7.31%
2023 -2.98% -5.78%
2022 -0.18% -5.11%
2021 -2.69% -6.94%
2020 -5.53% -7.78%
2019 -0.93% -2.52%
2018 -0.87% -2.52%
2017 -0.63% -3.14%
2016 -1.7% -3.21%
2015 -2.43% -0.75%
2014 -2.99% -3.88%
2013 -2.52% -2.16%
2012 -2.15% -3.11%
2011 -1.01% -2.13%
2010 -2.57% -1.88%
2009 -2.48% -2.5%
2008 4.18% -2.78%
2007 5.12% -3.35%
2006 3.93% -6.16%
2005 2.59% -6.54%
2004 2.16% -2.88%
2003 2.34% -4.81%
2002 3.97% -2.42%
2001 4.89% -3.71%
2000 6.73% -2.27%
1999 1.6% -0.47%
1998 1.54% -2.67%
1997 -1.33% -1.7%
1996 -3.37% -
1995 -5.98% -
1994 -6.41% -
1993 -8.09% -
1992 -4.88% -
1991 0.3% -
1990 6.63% -
1989 6.73% -
1988 5.09% -
1987 1.63% -
1986 3.83% -
1985 3.33% -
1984 3.23% -
1983 1.52% -
1982 3.06% -
1981 5.11% -
1980 3.7% -
1979 3.41% -
1978 3.83% -
1977 6.27% -
1976 7.65% -
1975 4.96% -
1974 -0.03% -
1973 1.48% -
1972 -0.18% -
1971 0.15% -
1970 1.06% -
1969 0.94% -
1968 -1.69% -
1967 -0.26% -
1966 -1.08% -
1965 -1.67% -
1964 -1.35% -
1963 -2.5% -
1962 -2.37% -
1961 -3.03% -
1960 -0.52% -
1959 -0.12% -
1958 -1.73% -
1957 0.08% -
1956 -1.14% -
1955 -1% -
1954 -0.17% -
1953 0.02% -
1952 -1.24% -
1951 1.1% -
1950 -0.26% -
1949 -2.77% -
1948 1.88% -
1947 -5.99% -
1946 -15.3% -
1945 -6.35% -
1944 -21.5% -
1943 -14.2% -
1942 -16.4% -
1941 -35.8% -
1940 -36.9% -
1939 -9.76% -
1938 -1.48% -
1937 -4.44% -
1936 -3.75% -
1935 -3.81% -
1934 -2.81% -
1933 -1.63% -
1932 -2.61% -
1931 -2.32% -
1930 -1.94% -
1929 -0.78% -
1928 -2.07% -
1927 -0.32% -
1926 -2.9% -
1925 -2.92% -
1924 0.04% -
1923 -2.3% -
1922 0.62% -
1921 -2.59% -
1920 -2.6% -
1919 -7.49% -
1918 -11.4% -
1917 -1.27% -
1916 1.48% -
1915 -0.29% -
1914 -1.15% -
1913 -0.25% -
1912 0.33% -
1911 -0.14% -
1910 -0.3% -
1909 -2.64% -
1908 -1.92% -
1907 0.24% -
1906 0.86% -
1905 -1.28% -
1904 -1.63% -
1903 -0.3% -
1902 -1.74% -
1901 -2.13% -
1900 -0.52% -
1899 -1% -
1898 -4.55% -
1897 -0.37% -
1896 -0.56% -
1895 -1.21% -
1894 -0.62% -
1893 0% -
1892 0.82% -
1891 0.16% -
1890 0.17% -
1889 0.18% -
1888 -0.59% -
1887 -1.46% -
1886 0% -
1885 -1.2% -
1884 -0.2% -
1883 0% -
1882 0.2% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Finland's government deficit, the difference between spending and revenue, was $13.2B, equivalent to 4.41% of GDP. This compares to Guyana's deficit of $1.8B, or 7.31% of GDP.

Over the past 28 years, Finland recorded a fiscal deficit in 17 of those years, while Guyana ran a deficit in 28 years. On average, Finland posted an annual surplus equal to 0.06% of GDP, compared to deficit of 3.59% of GDP for Guyana.

Inflation comparison by year

Inflation
Finland

Guyana
1x
Year Consumer prices inflation
Finland Guyana
2024 1.57% 2.5%
2023 6.25% 4.5%
2022 7.12% 6.5%
2021 2.19% 3.3%
2020 0.29% 1.2%
2019 1.02% 2.1%
2018 1.08% 1.3%
2017 0.75% 1.9%
2016 0.36% 0.8%
2015 -0.21% -0.9%
2014 1.04% 0.7%
2013 1.48% 1.9%
2012 2.81% 2.4%
2011 3.42% 4.4%
2010 1.18% 4.3%
2009 -0% 3%
2008 4.07% 8.1%
2007 2.51% 12.2%
2006 1.57% 6.7%
2005 0.62% 6.9%
2004 0.19% 4.7%
2003 0.88% 6%
2002 1.57% 5.4%
2001 2.58% 2.6%
2000 3.04% 6.1%
1999 1.16% 7.5%
1998 1.4% 4.6%
1997 1.19% 3.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Finland has recorded an average annual inflation rate of 1.83%, compared with 4.08% in Guyana. In 2024, inflation was 1.57% in Finland and 2.5% in Guyana.

Top exports between countries

Finland
Export category Export value
Chemicals & pharma $4.1M
Machinery & equipment $2.22M
Metals $524K
Raw materials & minerals $74K
Textiles & consumer goods $32K
Wood & paper products $23K
Precious metals & jewellery $1K
Guyana
Export category Export value
Machinery & equipment $178K

Balance of trade

Finland Guyana
Current account balance
-$1.99B
2024
$2.35B
2023
Current account balance ranking
143/190
2024
43/190
2023
Current account balance, % of GDP
-0.67%
2024
+13.9%
2023
Goods imports
$76.6B
2024
$6B
2023
Goods exports
$83.1B
2024
$13.2B
2023
Service imports
$47.4B
2024
$4.95B
2023
Service exports
$42B
2024
$529M
2023
Imports of goods and services, % of GDP
41.6%
2024
109.7%
2005
Exports of goods and services, % of GDP
41.9%
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.

Finland Guyana
Economic freedom 76.6 58.7
Economic freedom ranking 15/197 109/197
Property rights 99.9 46.7
Government integrity 95.4 38.8
Judicial effectiveness 96.4 48.6
Tax burden 68.4 76.4
Government spending 7.9 85
Fiscal health 76.3 39.9
Business freedom 85.3 70.9
Labor freedom 65.4 76
Monetary freedom 80.3 78.5
Trade freedom 79.4 59.2
Investment freedom 85 55
Financial freedom 80 30

Economic freedom comparison by year

Finland
Guyana
1x
Year Economic freedom index
Finland Guyana
2026 76.6 58.7
2025 77 58.2
2024 76.3 57.3
2023 77.1 56.9
2022 78.3 59.5
2021 76.1 57.4
2020 75.7 56.2
2019 74.9 56.8
2018 74.1 58.7
2017 74 58.5
2016 72.6 55.4
2015 73.4 55.5
2014 73.4 55.7
2013 74 53.8
2012 72.3 51.3
2011 74 49.4
2010 73.8 48.4
2009 74.5 48.4
2008 74.6 48.8
2007 74 53.7
2006 72.9 56.6
2005 71 56.5
2004 73.4 53
2003 73.7 50.3
2002 73.6 54.3
2001 69.7 53.3
2000 64.3 52.4
1999 63.9 53.3
1998 63.5 52.7
1997 65.2 53.2
1996 63.7 50.1
1995 - 45.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Finland is 76.6, ranking 15/197, 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

Finland Guyana
Services, % of GDP
62.2%
2024
14.5%
2024
Industry, % of GDP
22.8%
2024
76%
2024
Agriculture, forestry, and fishing, % of GDP
2.47%
2024
7.62%
2024
GNI, Atlas method
$290B
2024
$16.7B
2024
GNI per capita, PPP
$65,640
2024
$52,290
2024
Total reserves including gold
$18B
2024
$1.01B
2024
Total reserves ranking
65/177
2024
141/177
2024
Net foreign direct investment
$3.28B
2024
$1.14B
2023
Net inflows of foreign direct investment
$8.74B
2024
$8.63B
2024
Net outflows of foreign direct investment
$12B
2024
$5.7M
2024
Servicing debt to the IMF, % of GNI n/a
3.73%
2024
Poverty at national poverty lines
12.2%
2022
35%
2020
Gross capital formation, % of GDP
22.3%
2024
32.3%
2005

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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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.