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Economy of Gambia vs Guyana compared: GDP & Debt

Updated on by Georank

The Gambia has a GDP of $2.59B compared to $27.1B for Guyana, ranking 174/197 and 120/197 by economy size, respectively.

The Gambia has $1.92B in government debt (73.9% of GDP), compared to $7.74B (28.6% of GDP) in Guyana.

Gambia vs Guyana GDP by year

Gambia
Guyana
1x
Year GDP, current $
Gambia Guyana
2025 $2,593,673,988 $27,097,477,218
2024 $2,404,888,738 $24,662,714,628
2023 $2,382,262,185 $16,918,503,597
2022 $2,204,734,528 $14,718,388,489
2021 $2,014,158,842 $8,041,362,110
2020 $1,812,170,891 $5,471,256,595
2019 $1,813,609,692 $5,173,760,192
2018 $1,670,671,328 $4,787,636,998
2017 $1,504,909,463 $4,748,174,334
2016 $1,484,578,886 $4,482,697,337
2015 $1,378,176,609 $4,279,840,194
2014 $1,229,461,721 $4,127,660,152
2013 $1,375,609,453 $4,167,800,929
2012 $1,415,004,738 $4,063,088,536
2011 $1,409,693,597 $3,691,384,318
2010 $1,543,294,927 $3,432,912,517
2009 $1,450,142,509 $3,165,663,153
2008 $1,561,766,956 $3,025,187,433
2007 $1,279,703,047 $2,730,971,595
2006 $1,054,112,488 $2,379,817,991
2005 $1,027,701,068 $824,880,550
2004 $961,900,651 $787,814,379
2003 $487,038,685 $743,063,950
2002 $578,235,309 $726,131,435
2001 $687,410,645 $712,167,450
2000 $782,913,872 $712,667,897
1999 $814,724,032 $694,754,988
1998 $840,285,265 $717,530,683
1997 $803,633,342 $749,138,010
1996 $848,239,446 $705,406,001
1995 $785,999,865 $621,626,786
1994 $746,493,952 $545,278,380
1993 $755,040,974 $454,101,382
1992 $714,254,256 $373,573,141
1991 $690,311,081 $348,533,095
1990 $317,083,695 $396,582,263
1989 $284,120,329 $379,779,390
1988 $266,672,212 $413,799,990
1987 $220,626,484 $354,591,847
1986 $185,646,987 $504,651,140
1985 $225,726,359 $453,488,372
1984 $177,340,880 $437,631,605
1983 $213,448,585 $489,333,333
1982 $216,050,552 $482,000,000
1981 $218,767,743 $570,357,107
1980 $241,083,090 $603,200,000
1979 $207,112,628 $530,440,000
1978 $171,833,086 $507,080,000
1977 $138,093,099 $449,880,000
1976 $112,190,829 $454,440,000
1975 $115,179,719 $494,791,667
1974 $95,796,022 $433,954,545
1973 $75,187,749 $307,047,619
1972 $59,160,569 $285,380,952
1971 $55,728,663 $282,050,000
1970 $52,296,084 $267,800,000
1969 $45,168,072 $249,300,000
1968 $41,160,066 $229,750,000
1967 $46,695,007 $250,176,471
1966 $44,212,081 $228,705,882
1965 - $213,235,294
1964 - $194,774,513
1963 - $175,757,894
1962 - $194,949,513
1961 - $185,849,535
1960 - $170,216,241

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

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

GDP per capita in Gambia vs Guyana by year

Gambia
GDP per capita

GDP per capita, PPP
Guyana
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gambia Guyana
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $919 - $32,414 -
2024 $871 $3,476 $29,675 $80,155
2023 $883 $3,289 $20,474 $54,729
2022 $836 $3,067 $17,913 $39,711
2021 $782 $2,778 $9,861 $22,866
2020 $720 $2,531 $6,776 $16,819
2019 $738 $2,422 $6,406 $13,241
2018 $696 $2,277 $6,048 $12,443
2017 $643 $2,039 $6,179 $12,243
2016 $650 $2,013 $5,871 $11,516
2015 $620 $1,990 $5,640 $11,408
2014 $568 $1,934 $5,473 $11,145
2013 $654 $2,007 $5,557 $11,200
2012 $693 $2,065 $5,444 $10,627
2011 $711 $2,064 $4,947 $10,066
2010 $801 $2,267 $4,582 $9,337
2009 $775 $2,177 $4,209 $8,824
2008 $859 $2,088 $4,009 $8,437
2007 $725 $1,985 $3,608 $8,110
2006 $615 $1,931 $3,136 $7,346
2005 $616 $1,938 $1,084 $6,761
2004 $593 $1,979 $1,033 $6,673
2003 $309 $1,850 $974 $6,392
2002 $377 $1,744 $951 $6,304
2001 $460 $1,823 $932 $6,131
2000 $538 $1,731 $932 $5,860
1999 $575 $1,649 $909 $5,812
1998 $610 $1,572 $940 $5,573
1997 $600 $1,544 $983 $5,615
1996 $652 $1,489 $928 $5,210
1995 $622 $1,472 $820 $4,753
1994 $608 $1,473 $721 $4,447
1993 $635 $1,487 $603 $4,027
1992 $623 $1,462 $498 $3,651
1991 $628 $1,440 $466 $3,322
1990 $301 $1,409 $529 $3,022
1989 $280.9 - $503 -
1988 $274.9 - $545 -
1987 $237 - $464 -
1986 $207.7 - $657 -
1985 $262.8 - $588 -
1984 $214.8 - $565 -
1983 $268.6 - $631 -
1982 $282.1 - $621 -
1981 $296 - $735 -
1980 $338 - $779 -
1979 $300 - $689 -
1978 $257.6 - $663 -
1977 $213.8 - $593 -
1976 $179.3 - $604 -
1975 $189.8 - $664 -
1974 $162.6 - $588 -
1973 $131.4 - $421 -
1972 $106.5 - $395 -
1971 $103.3 - $396 -
1970 $99.8 - $381 -
1969 $88.7 - $361 -
1968 $83.1 - $340 -
1967 $97 - $378 -
1966 $94.4 - $353 -
1965 - - $336 -
1964 - - $313 -
1963 - - $288.8 -
1962 - - $327 -
1961 - - $319 -
1960 - - $299.1 -

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

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

The Gambia's GDP per capita is $919, ranking 183/197, compared to $32,414 in Guyana, ranking 40/197. Adjusted for purchasing power (GDP per capita PPP), the Gambia ranks 172nd at $3,476, while Guyana ranks 15th at $80,155.

Economic indicators

Gambia Guyana
Gross domestic product
$2.59B
2025
$27.1B
2025
GDP rank
174/197
2025
120/197
2025
GDP growth
5.89%
2024-2025
19.3%
2024-2025
GDP per capita
$919
2025
$32,414
2025
GDP per capita rank
183/197
2025
40/197
2025
GDP per capita, PPP
$3,476
2024
$80,155
2024
GDP per capita PPP rank
172/197
2024
15/197
2024
Government debt
$1.92B
2025
$7.74B
2025
Debt-to-GDP ratio
73.9%
2025
28.6%
2025
Government debt per person
$679
2025
$9,255
2025
Government debt per person rank
156/185
2025
63/185
2025
Average annual personal income after taxes
$710
2026
$13,307
2026
Income share by richest 10%
30.5%
2020
34.4%
1998
Income share by poorest 10%
2.6%
2020
1.1%
1998
Government expenditure, % of GDP
27.1%
2025
23.9%
2025
Consumer prices inflation
11.6%
2023-2024
3.3%
2024-2025
Central bank interest rate
14%
2026
n/a
Unemployment rate
7.05%
2025
14.7%
2021
Population
2916990
843423

Spending and national debt comparison by year

Gambia
Spending

Debt
Guyana
Spending

Debt
1x
Year % of GDP
Gambia Guyana
Government spending Government debt Government spending Government debt
2025 27.1% 73.9% 23.9% 28.6%
2024 25.3% 78.5% 23.3% 24.3%
2023 23.9% 77.4% 23.7% 26.7%
2022 24.6% 83.9% 20.4% 24.8%
2021 21.5% 83.1% 24.8% 38.9%
2020 25.3% 85.9% 30.5% 47.4%
2019 23.9% 83% 28.1% 34.2%
2018 19% 83.6% 27.6% 37.4%
2017 23.6% 87% 26.3% 35.2%
2016 19.4% 79.5% 25.2% 35.7%
2015 19.6% 69.4% 21.7% 42.2%
2014 19% 71.1% 23.1% 38.7%
2013 17.2% 58.2% 21.4% 41.4%
2012 19.1% 49.5% 21.8% 44.7%
2011 16.5% 49.2% 23.5% 51.7%
2010 14.6% 42.9% 23.9% 53.1%
2009 14.4% 38.9% 25.4% 52.3%
2008 11.6% 39.5% 24.1% 48.2%
2007 11.2% 38% 25.5% 47.7%
2006 14% 87.3% 29% 74.5%
2005 12.9% 82.6% 28.4% 90.7%
2004 12.4% 81.3% 23.7% 91.8%
2003 9.3% 91.7% 23.5% 95.6%
2002 8.59% 93.9% 23.1% 105.1%
2001 9.68% 75.2% 24% 104.6%
2000 9.54% 73.3% 22.9% 97.2%
1999 - - 17.6% 97.1%
1998 - - 19.7% 108%
1997 - - 20.9% 101.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

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

In 2025, the Gambia's government spending was $704M, accounting for 27.1% of its GDP, while Guyana spent $6.48B, or 23.9% of GDP.

Debt-to-GDP ratio is 73.9% in the Gambia and 28.6% in Guyana, ranking 51/185 and 160/185, respectively.

Government deficit by year

Deficit/surplus
Gambia

Guyana
1x
Year Deficit/surplus, % of GDP
Gambia Guyana
2025 -2.95% -5.37%
2024 -4% -7.27%
2023 -3.56% -5.62%
2022 -5.72% -5.1%
2021 -4.77% -6.94%
2020 -2.37% -7.78%
2019 -2.75% -2.52%
2018 -3.92% -2.52%
2017 -4.35% -3.14%
2016 -6.22% -3.21%
2015 -5.38% -0.75%
2014 -3.94% -3.88%
2013 -5.11% -2.16%
2012 -2.85% -3.11%
2011 -3.03% -2.13%
2010 -2.93% -1.88%
2009 -1.65% -2.5%
2008 -0.45% -2.78%
2007 0.27% -3.35%
2006 -3.19% -6.16%
2005 -3.33% -6.54%
2004 -1.77% -2.88%
2003 -1.73% -4.81%
2002 0.06% -2.42%
2001 -2.52% -3.71%
2000 -0.09% -2.27%
1999 - -0.47%
1998 - -2.67%
1997 - -1.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

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

In 2025, the Gambia's government deficit, the difference between spending and revenue, was $76.5M, equivalent to 2.95% of GDP. This compares to Guyana's deficit of $1.46B, or 5.37% of GDP.

Over the past 26 years, the Gambia recorded a fiscal deficit in 24 of those years, while Guyana ran a deficit in 26 years. On average, the Gambia posted an annual deficit equal to 3.01% of GDP, compared to deficit of 3.88% of GDP for Guyana.

Inflation comparison by year

Inflation
Gambia

Guyana
1x
Year Consumer prices inflation
Gambia Guyana
2025 - 3.3%
2024 11.6% 2.9%
2023 17% 2.8%
2022 11.5% 6.9%
2021 7.37% 4.5%
2020 5.93% 0.7%
2019 7.12% 2.1%
2018 6.52% 1.3%
2017 8.03% 1.9%
2016 7.23% 0.8%
2015 6.81% -0.9%
2014 5.95% 0.7%
2013 5.7% 1.9%
2012 4.25% 2.4%
2011 4.8% 4.4%
2010 5.05% 4.3%
2009 4.56% 3%
2008 4.44% 8.1%
2007 5.37% 12.2%
2006 2.06% 6.7%
2005 4.84% 6.9%
2004 14.2% 4.7%
2003 17% 6%
2002 8.61% 5.4%
2001 4.49% 2.6%
2000 0.84% 6.1%
1999 3.81% 7.5%
1998 1.11% 4.6%
1997 2.78% 3.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2024, retrieved 2026-07-08).

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

Over the past 28 years, the Gambia has recorded an average annual inflation rate of 6.75%, compared with 4.08% in Guyana. In 2024, inflation was 11.6% in the Gambia and 3.3% in Guyana.

Balance of trade

Gambia Guyana
Current account balance
-$99.8M
2024
$2.35B
2023
Current account balance ranking
81/190
2024
42/190
2023
Current account balance, % of GDP
-4.15%
2024
+13.9%
2023
Goods imports
$1.39B
2024
$6B
2023
Goods exports
$363M
2024
$13.2B
2023
Service imports
$161M
2024
$4.95B
2023
Service exports
$485M
2024
$529M
2023
Imports of goods and services, % of GDP
49.4%
2025
109.7%
2005
Exports of goods and services, % of GDP
12.7%
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.

Gambia Guyana
Economic freedom 56.3 58.7
Economic freedom ranking 123/197 109/197
Property rights 55.4 46.7
Government integrity 40.5 38.8
Judicial effectiveness 45.8 48.6
Tax burden 79.2 76.4
Government spending 81.1 85
Fiscal health 54.8 39.9
Business freedom 50.1 70.9
Labor freedom 46.4 76
Monetary freedom 57.3 78.5
Trade freedom 64.8 59.2
Investment freedom 50 55
Financial freedom 50 30

Economic freedom comparison by year

Gambia
Guyana
1x
Year Economic freedom index
Gambia Guyana
2026 56.3 58.7
2025 56.8 58.2
2024 58.2 57.3
2023 57.9 56.9
2022 58 59.5
2021 58.8 57.4
2020 56.3 56.2
2019 52.4 56.8
2018 52.3 58.7
2017 53.4 58.5
2016 57.1 55.4
2015 57.5 55.5
2014 59.5 55.7
2013 58.8 53.8
2012 58.8 51.3
2011 57.4 49.4
2010 55.1 48.4
2009 55.8 48.4
2008 56.9 48.8
2007 57.7 53.7
2006 57.3 56.6
2005 56.5 56.5
2004 55.3 53
2003 56.3 50.3
2002 57.7 54.3
2001 56.6 53.3
2000 52.7 52.4
1999 52.1 53.3
1998 53.4 52.7
1997 52.9 53.2
1996 - 50.1
1995 - 45.7

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

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

The Economic Freedom Index for the Gambia is 56.3, ranking 123/197, 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

Gambia Guyana
Services, % of GDP
53.1%
2025
14.8%
2025
Industry, % of GDP
15.8%
2025
75.1%
2025
Agriculture, forestry, and fishing, % of GDP
23.8%
2025
7.73%
2025
GNI, Atlas method
$2.62B
2025
$23.8B
2025
GNI per capita, PPP
$3,660
2025
$80,300
2025
Total reserves including gold
$629M
2024
$1.36B
2025
Total reserves ranking
151/177
2024
136/177
2025
Net foreign direct investment
-$232M
2024
$1.14B
2023
Net inflows of foreign direct investment
$232M
2024
$8.63B
2024
Net outflows of foreign direct investment
-$665K
2024
$5.7M
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
2.84%
2024
Poverty at national poverty lines
53.4%
2020
35%
2020
Gross capital formation, % of GDP
40.4%
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/gambia/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 (1997–2025, 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.