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Economy of Guinea vs Israel compared: GDP & Debt

Updated on by Georank

Guinea has a GDP of $28.3B compared to $611B for Israel, ranking 117/197 and 27/197 by economy size, respectively.

Guinea has $13.6B in government debt (48.1% of GDP), compared to $418B (68.5% of GDP) in Israel.

Guinea vs Israel GDP by year

Guinea
Israel
1x
Year GDP, current $
Guinea Israel
2025 $28,346,024,753 $610,777,842,874
2024 $25,008,678,293 $542,284,494,491
2023 $22,407,615,556 $513,393,395,492
2022 $19,910,452,542 $525,157,951,213
2021 $17,069,115,738 $489,735,019,666
2020 $14,088,693,743 $410,908,899,711
2019 $13,442,861,496 $399,207,771,082
2018 $11,857,030,367 $375,470,422,244
2017 $10,324,668,271 $357,360,816,857
2016 $8,595,955,222 $321,083,954,798
2015 $8,794,201,743 $302,841,190,258
2014 $8,778,473,373 $314,376,760,832
2013 $8,376,613,539 $298,045,324,736
2012 $7,638,044,557 $263,172,104,091
2011 $6,785,137,203 $267,739,352,609
2010 $6,853,467,146 $239,372,857,534
2009 $6,716,905,340 $213,112,649,594
2008 $6,964,179,983 $220,952,472,408
2007 $6,281,918,226 $184,448,882,452
2006 $4,220,019,845 $158,706,516,002
2005 $4,282,468,637 $147,346,035,831
2004 $5,300,767,961 $139,925,423,025
2003 $5,025,167,975 $131,278,887,815
2002 $4,301,608,753 $125,215,963,105
2001 $4,125,527,603 $134,889,159,474
2000 $4,367,458,867 $136,409,902,632
1999 $5,046,806,783 $121,329,240,042
1998 $5,232,118,046 $120,468,659,246
1997 $5,516,916,163 $119,389,303,067
1996 $5,641,243,100 $115,051,957,577
1995 $5,385,704,166 $105,432,315,611
1994 $4,932,800,407 $90,684,108,118
1993 $4,781,166,117 $79,806,598,120
1992 $4,789,220,417 $79,408,652,426
1991 $4,396,178,694 $70,954,941,681
1990 $3,888,320,666 $61,978,459,022
1989 $3,546,079,263 $52,411,116,588
1988 $3,476,480,303 $52,618,458,014
1987 $2,976,714,019 $43,022,977,765
1986 $2,909,130,355 $35,812,041,620
1985 $22,787,644,566 $28,887,898,639
1984 $18,421,497,251 $30,626,695,891
1983 $15,129,893,722 $32,655,591,256
1982 $11,926,032,493 $29,237,231,967
1981 $9,646,440,667 $26,865,420,933
1980 $9,746,524,915 $25,379,585,067
1979 $8,877,094,497 $22,595,788,591
1978 $8,087,305,999 $17,690,363,444
1977 $6,914,381,291 $18,245,847,441
1976 $6,762,781,871 $15,946,502,888
1975 $6,102,769,605 $16,131,806,290
1974 $5,691,417,541 $17,162,009,924
1973 $5,152,080,388 $11,895,229,181
1972 $4,203,069,035 $9,216,866,299
1971 $3,594,302,908 $7,048,191,876
1970 $3,220,224,608 $7,402,142,195
1969 - $6,293,966,357
1968 - $5,455,059,532
1967 - $4,759,447,914
1966 - $4,700,397,692
1965 - $4,326,412,951
1964 - $4,021,861,430
1963 - $3,533,767,055
1962 - $2,964,323,618
1961 - $3,706,297,903
1960 - $3,068,690,949

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

GeoRank.org/economy/guinea/israel | CC BY

GDP per capita in Guinea vs Israel by year

Guinea
GDP per capita

GDP per capita, PPP
Israel
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea Israel
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,877 - $60,337 -
2024 $1,695 $4,565 $54,217 $57,236
2023 $1,555 $4,334 $52,126 $55,171
2022 $1,417 $4,062 $54,947 $53,619
2021 $1,245 $3,739 $52,258 $46,162
2020 $1,054 $3,332 $44,591 $40,955
2019 $1,031 $3,106 $44,092 $41,325
2018 $933 $2,844 $42,269 $40,190
2017 $834 $2,687 $41,013 $39,471
2016 $712 $2,255 $37,571 $38,189
2015 $747 $1,930 $36,138 $35,871
2014 $765 $1,873 $38,265 $34,816
2013 $748 $1,842 $36,981 $34,827
2012 $699 $1,790 $33,269 $32,484
2011 $637 $1,705 $34,477 $31,314
2010 $659 $1,622 $31,399 $29,456
2009 $662 $1,567 $28,470 $28,087
2008 $704 $1,614 $30,231 $28,084
2007 $650 $1,558 $25,689 $28,307
2006 $447 $1,453 $22,500 $26,385
2005 $463 $1,422 $21,262 $25,701
2004 $585 $1,366 $20,550 $26,078
2003 $566 $1,328 $19,624 $24,702
2002 $496 $1,315 $19,059 $26,101
2001 $483 $1,251 $20,949 $25,806
2000 $518 $1,196 $21,690 $25,766
1999 $611 $1,163 $19,809 $23,415
1998 $647 $1,130 $20,176 $22,927
1997 $696 $1,099 $20,457 $22,279
1996 $726 $1,048 $20,213 $21,672
1995 $713 $1,014 $19,014 $20,642
1994 $672 $976 $16,796 $19,478
1993 $671 $947 $15,169 $18,218
1992 $693 $908 $15,500 $17,553
1991 $656 $887 $14,337 $16,486
1990 $604 $871 $13,300 $15,721
1989 $570 - $11,601 -
1988 $574 - $11,846 -
1987 $505 - $9,847 -
1986 $506 - $8,330 -
1985 $4,062 - $6,824 -
1984 $3,362 - $7,364 -
1983 $2,823 - $7,955 -
1982 $2,273 - $7,253 -
1981 $1,876 - $6,791 -
1980 $1,931 - $6,545 -
1979 $1,790 - $5,968 -
1978 $1,658 - $4,794 -
1977 $1,440 - $5,050 -
1976 $1,431 - $4,514 -
1975 $1,311 - $4,669 -
1974 $1,243 - $5,082 -
1973 $1,143 - $3,629 -
1972 $948 - $2,928 -
1971 $825 - $2,297 -
1970 $753 - $2,489 -
1969 - - $2,188 -
1968 - - $1,946 -
1967 - - $1,734 -
1966 - - $1,788 -
1965 - - $1,688 -
1964 - - $1,625 -
1963 - - $1,485 -
1962 - - $1,293 -
1961 - - $1,696 -
1960 - - $1,452 -

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

GeoRank.org/economy/guinea/israel | CC BY

Guinea's GDP per capita is $1,877, ranking 161/197, compared to $60,337 in Israel, ranking 19/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,565, while Israel ranks 36th at $57,236.

Economic indicators

Guinea Israel
Gross domestic product
$28.3B
2025
$611B
2025
GDP rank
117/197
2025
27/197
2025
GDP growth
7.45%
2024-2025
2.93%
2024-2025
GDP per capita
$1,877
2025
$60,337
2025
GDP per capita rank
161/197
2025
19/197
2025
GDP per capita, PPP
$4,565
2024
$57,236
2024
GDP per capita PPP rank
161/197
2024
36/197
2024
Government debt
$13.6B
2025
$418B
2025
Debt-to-GDP ratio
48.1%
2025
68.5%
2025
Government debt per person
$902
2025
$41,338
2025
Government debt per person rank
146/185
2025
16/185
2025
Average annual personal income after taxes
$1,966
2026
$48,251
2026
Market capitalization of domestic companies n/a
$331B
2024
Number of millionaires n/a
195,000
2026
Number of billionaires n/a
42
2026
Income share by richest 10%
23.1%
2018
27%
2022
Income share by poorest 10%
3.5%
2018
1.8%
2022
Government expenditure, % of GDP
25.2%
2025
43.6%
2025
Consumer prices inflation
3.1%
2024-2025
3.04%
2024-2025
Central bank interest rate n/a
3.75%
2026
Unemployment rate
5.02%
2019
3%
2025
Population
15624314
10334048

Spending and national debt comparison by year

Guinea
Spending

Debt
Israel
Spending

Debt
1x
Year % of GDP
Guinea Israel
Government spending Government debt Government spending Government debt
2025 25.2% 48.1% 43.6% 68.5%
2024 20.6% 48.3% 43.7% 67.7%
2023 18.3% 39.8% 39.6% 61.3%
2022 15.7% 37.2% 36.9% 60.3%
2021 15.1% 40.6% 40.1% 67.7%
2020 17.1% 45.3% 44.8% 71.1%
2019 14.9% 37.3% 38.7% 59.3%
2018 15.9% 37.5% 39.2% 60.1%
2017 17.3% 39.9% 38.4% 59.8%
2016 16.1% 40.6% 37.9% 61.7%
2015 21.7% 41.5% 37.6% 62.8%
2014 20.1% 32.1% 38.3% 65.8%
2013 18.6% 30.5% 39.7% 66%
2012 19.6% 26.9% 39.6% 66.9%
2011 16% 53.8% 39.3% 67.2%
2010 20.5% 71.1% 39.7% 69%
2009 16.2% 61.3% 41.4% 72.6%
2008 10.1% 58.5% 41.2% 70.2%
2007 8.66% 60.8% 40.2% 70.8%
2006 13.2% 95.2% 41.6% 77.7%
2005 11% 97.9% 42.3% 85.2%
2004 13% 86.9% 43% 88.3%
2003 14.7% 81.6% 45.4% 89.7%
2002 14.4% 82.6% 50% 87.2%
2001 14.9% 90.4% 46.1% 81.1%
2000 12.6% 91.5% 43.4% 77.2%
1999 11.6% 92.3% 53.6% 94.8%
1998 10.3% 75.9% 55% 101%
1997 12.6% 67.9% 52.6% 99.3%
1996 12% 67.7% 53.2% 100.3%
1995 12.7% 66.5% 52.8% 102.3%
1994 12.6% 71.3% 41.7% 110.2%
1993 13.3% 68.9% 42.2% 118.3%
1992 13.8% 62% 44.1% 119.6%
1991 16.3% 70.9% 34.4% 123.7%
1990 18.7% 71.6% 46.8% 138.3%
1989 - - 47.5% 147.4%
1988 - - 46.5% 145.4%
1987 - - 52.8% 143.2%
1986 - - 55.7% 162.5%
1985 - - 65.2% 199%
1984 - - - 284%
1983 - - - 260.5%
1982 - - 69.7% -
1981 - - 71.8% -
1980 - - 69.4% 154.3%
1979 - - 70.1% 155.5%
1978 - - 62.2% 133.6%
1977 - - 69.1% 142%
1976 - - 66.3% 97.4%
1975 - - 62% 85.1%
1974 - - - 79.8%
1973 - - - 62.1%
1972 - - - 63.9%
1971 - - - -
1970 - - 41.6% -
1969 - - 41.1% -
1968 - - 39.4% -
1967 - - 33.9% -
1966 - - 29.6% -
1965 - - 27.8% -
1964 - - 28.2% -
1963 - - 26.9% -
1962 - - 27.7% -
1961 - - 30.3% -
1960 - - 30.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

GeoRank.org/economy/guinea/israel | CC BY

In 2025, Guinea's government spending was $7.13B, accounting for 25.2% of its GDP, while Israel spent $266B, or 43.6% of GDP.

Debt-to-GDP ratio is 48.1% in Guinea and 68.5% in Israel, ranking 111/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
Guinea

Israel
1x
Year Deficit/surplus, % of GDP
Guinea Israel
2025 -7% -5.22%
2024 -4.99% -8.07%
2023 -3.86% -5.38%
2022 -1.88% 0.3%
2021 -1.7% -3.37%
2020 -3.08% -10.6%
2019 -0.17% -3.79%
2018 -0.97% -3.58%
2017 -1.98% -1.17%
2016 -0.08% -1.78%
2015 -6.53% -1.2%
2014 -3.01% -2.28%
2013 -3.86% -4.07%
2012 23.7% -4.46%
2011 -0.92% -3.43%
2010 -9.66% -3.72%
2009 -4.87% -6.53%
2008 0.38% -3.49%
2007 1.28% -0.43%
2006 -2.13% -0.94%
2005 -1.06% -2.74%
2004 -3.85% -3.4%
2003 -4.65% -5.03%
2002 -3.37% -8.21%
2001 -3.23% -4.06%
2000 -2.42% -0.8%
1999 -1.3% -6.26%
1998 2.46% -7.99%
1997 0.07% -4.84%
1996 -2.2% -5.97%
1995 -1.07% -4.28%
1994 -2.59% -5.62%
1993 -2.33% -5.62%
1992 -0.89% -8%
1991 -3.25% -7.04%
1990 -3.76% -9.67%
1989 - -9.03%
1988 - -7.57%
1987 - -7.47%
1986 - -7.51%
1985 - -14.2%
1984 - -
1983 - -
1982 - -13.8%
1981 - -23.5%
1980 - -19.6%
1979 - -16.7%
1978 - -14.7%
1977 - -20.3%
1976 - -19.4%
1975 - -19.6%
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -16%
1969 - -15.3%
1968 - -11.7%
1967 - -7.68%
1966 - -4.35%
1965 - -2.72%
1964 - -3.65%
1963 - -4.41%
1962 - -4.09%
1961 - -5.86%
1960 - -6.62%
1959 - -7.23%
1958 - -8.31%
1957 - -7.17%
1956 - -9.3%
1955 - -4.3%
1954 - -7.84%
1953 - -8.32%
1952 - -7.19%
1951 - -8.13%
1950 - -10.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08).

GeoRank.org/economy/guinea/israel | CC BY

In 2025, Guinea's government deficit, the difference between spending and revenue, was $1.98B, equivalent to 7% of GDP. This compares to Israel's deficit of $31.9B, or 5.22% of GDP.

Over the past 36 years, Guinea recorded a fiscal deficit in 31 of those years, while Israel ran a deficit in 35 years. On average, Guinea posted an annual deficit equal to 1.8% of GDP, compared to deficit of 4.52% of GDP for Israel.

Inflation comparison by year

Inflation
Guinea

Israel
1x
Year Consumer prices inflation
Guinea Israel
2025 3.1% 3.04%
2024 4.5% 3.07%
2023 5.4% 4.23%
2022 10.5% 4.41%
2021 12.6% 1.48%
2020 10.6% -0.58%
2019 9.5% 0.82%
2018 9.8% 0.81%
2017 8.9% 0.25%
2016 8.2% -0.54%
2015 8.2% -0.62%
2014 9.7% 0.47%
2013 11.9% 1.59%
2012 15.2% 1.68%
2011 21.4% 3.49%
2010 15.5% 2.7%
2009 4.7% 3.37%
2008 18.4% 4.53%
2007 22.9% 0.47%
2006 34.7% 2.05%
2005 31.4% 1.34%
2004 17.5% -0.42%
2003 11% 0.71%
2002 3% 5.8%
2001 5.4% 1.12%
2000 6.8% 1.03%
1999 4.6% 5.19%
1998 5.1% 5.49%
1997 1.9% 8.95%

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/guinea/israel | CC BY

Over the past 29 years, Guinea has recorded an average annual inflation rate of 11.5%, compared with 2.27% in Israel. In 2025, inflation was 3.1% in Guinea and 3.04% in Israel.

Top exports between countries

Guinea
Export category Export value
Precious metals & jewellery $6.22M
Israel
Export category Export value
Raw materials & minerals $352K
Machinery & equipment $212K
Metals $90K
Chemicals & pharma $59K
Raw agricultural goods $58K
Textiles & consumer goods $58K
Wood & paper products $35K
Miscellaneous $6K
Precious metals & jewellery $3K

Balance of trade

Guinea Israel
Current account balance
-$392M
2024
$8.53B
2025
Current account balance ranking
101/190
2024
26/190
2025
Current account balance, % of GDP
-1.57%
2024
+1.4%
2025
Goods imports
$7.08B
2024
$102B
2025
Goods exports
$11.6B
2024
$76.2B
2025
Service imports
$3.15B
2024
$53.2B
2025
Service exports
$71.2M
2024
$92.4B
2025
Imports of goods and services, % of GDP
62.3%
2025
25.4%
2025
Exports of goods and services, % of GDP
41.4%
2025
27.6%
2025

Economic freedom indices

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

Guinea Israel
Economic freedom 53.1 68.4
Economic freedom ranking 141/197 47/197
Property rights 21.3 73.1
Government integrity 26.7 66.2
Judicial effectiveness 26 68.1
Tax burden 70.1 60.2
Government spending 90.1 52
Fiscal health 74.8 60.8
Business freedom 44.8 72.4
Labor freedom 56.4 56.8
Monetary freedom 75.3 78.2
Trade freedom 61.8 82.8
Investment freedom 50 70
Financial freedom 40 80

Economic freedom comparison by year

Guinea
Israel
1x
Year Economic freedom index
Guinea Israel
2026 53.1 68.4
2025 54.6 69.9
2024 53.3 70.1
2023 53.2 68.9
2022 54.2 68
2021 56.5 73.8
2020 56.5 74
2019 55.7 72.8
2018 52.2 72.2
2017 47.6 69.7
2016 53.3 70.7
2015 52.1 70.5
2014 53.5 68.4
2013 51.2 66.9
2012 50.8 67.8
2011 51.7 68.5
2010 51.8 67.7
2009 51 67.6
2008 52.8 66.3
2007 54.5 64.8
2006 52.8 64.4
2005 57.4 62.6
2004 56.1 61.4
2003 54.6 62.7
2002 52.9 66.9
2001 58.4 66.1
2000 58.2 65.5
1999 59.4 68.3
1998 61 68
1997 52.9 62.7
1996 58.5 62
1995 59.4 61.5

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

GeoRank.org/economy/guinea/israel | CC BY

The Economic Freedom Index for Guinea is 53.1, ranking 141/197, compared to 68.4 for Israel, ranking 47/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea Israel
Services, % of GDP
35.7%
2025
72.8%
2024
Industry, % of GDP
25.4%
2025
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
31.3%
2025
1.29%
2024
GNI, Atlas method
$26.2B
2025
$569B
2025
GNI per capita, PPP
$4,730
2025
$58,870
2025
Total reserves including gold
$1.35B
2024
$229B
2025
Total reserves ranking
137/177
2024
18/177
2025
Net foreign direct investment
-$1.4B
2024
-$11.8B
2025
Net inflows of foreign direct investment
$1.4B
2024
$14.8B
2024
Net outflows of foreign direct investment
$30K
2024
$9.92B
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
n/a
Poverty at national poverty lines
47%
2020
22%
2020
Gross capital formation, % of GDP
37%
2025
24.3%
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/guinea/israel | CC BY

Compare countries by 7 more topics

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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. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2016–2024, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)
  8. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  9. LivingCost (2026, 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.