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Economy of Guinea vs Pakistan compared: GDP & Debt

Updated on by Georank

Guinea has a GDP of $28.3B compared to $407B for Pakistan, ranking 117/197 and 41/197 by economy size, respectively.

Guinea has $13.6B in government debt (48.1% of GDP), compared to $297B (72.8% of GDP) in Pakistan.

Guinea vs Pakistan GDP by year

Guinea
Pakistan
1x
Year GDP, current $
Guinea Pakistan
2025 $28,346,024,753 $407,307,214,476
2024 $25,008,678,293 $371,747,087,751
2023 $22,407,615,556 $336,686,348,609
2022 $19,910,452,542 $374,890,295,667
2021 $17,069,115,738 $348,516,647,445
2020 $14,088,693,743 $300,425,609,818
2019 $13,442,861,496 $320,909,472,771
2018 $11,857,030,367 $356,128,166,705
2017 $10,324,668,271 $339,205,534,861
2016 $8,595,955,222 $313,630,000,130
2015 $8,794,201,743 $299,963,590,535
2014 $8,778,473,373 $271,390,474,858
2013 $8,376,613,539 $258,657,231,672
2012 $7,638,044,557 $250,106,966,105
2011 $6,785,137,203 $230,586,581,060
2010 $6,853,467,146 $196,709,621,850
2009 $6,716,905,340 $187,337,783,856
2008 $6,964,179,983 $202,203,748,584
2007 $6,281,918,226 $184,140,869,997
2006 $4,220,019,845 $161,871,385,506
2005 $4,282,468,637 $145,208,562,961
2004 $5,300,767,961 $132,216,048,339
2003 $5,025,167,975 $112,371,913,741
2002 $4,301,608,753 $97,923,302,809
2001 $4,125,527,603 $97,145,618,480
2000 $4,367,458,867 $99,484,802,345
1999 $5,046,806,783 $62,973,857,069
1998 $5,232,118,046 $62,191,955,814
1997 $5,516,916,163 $62,433,340,468
1996 $5,641,243,100 $63,320,170,084
1995 $5,385,704,166 $60,636,071,684
1994 $4,932,800,407 $52,293,470,813
1993 $4,781,166,117 $51,809,999,353
1992 $4,789,220,417 $48,884,671,947
1991 $4,396,178,694 $45,625,336,680
1990 $3,888,320,666 $40,010,423,970
1989 $3,546,079,263 $40,171,106,279
1988 $3,476,480,303 $38,472,742,808
1987 $2,976,714,019 $33,351,529,275
1986 $2,909,130,355 $31,899,070,056
1985 $22,787,644,566 $31,144,920,844
1984 $18,421,497,251 $31,151,825,467
1983 $15,129,893,722 $28,691,889,764
1982 $11,926,032,493 $30,725,971,564
1981 $9,646,440,667 $28,100,606,061
1980 $9,746,524,915 $23,654,444,444
1979 $8,877,094,497 $19,688,383,838
1978 $8,087,305,999 $17,811,515,152
1977 $6,914,381,291 $15,126,060,606
1976 $6,762,781,871 $13,168,080,808
1975 $6,102,769,605 $11,230,606,061
1974 $5,691,417,541 $8,899,191,919
1973 $5,152,080,388 $6,383,429,490
1972 $4,203,069,035 $9,415,016,360
1971 $3,594,302,908 $10,665,896,682
1970 $3,220,224,608 $10,027,509,450
1969 - $8,683,116,338
1968 - $8,041,999,160
1967 - $7,464,510,710
1966 - $6,561,108,778
1965 - $5,929,231,415
1964 - $5,204,955,901
1963 - $4,630,827,383
1962 - $4,310,163,797
1961 - $4,118,647,627
1960 - $3,749,265,015

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

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

GDP per capita in Guinea vs Pakistan by year

Guinea
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,877 - $1,596 -
2024 $1,695 $4,565 $1,479 $6,252
2023 $1,555 $4,334 $1,360 $6,014
2022 $1,417 $4,062 $1,538 $5,920
2021 $1,245 $3,739 $1,455 $5,367
2020 $1,054 $3,332 $1,278 $5,048
2019 $1,031 $3,106 $1,390 $5,038
2018 $933 $2,844 $1,569 $4,979
2017 $834 $2,687 $1,519 $4,790
2016 $712 $2,255 $1,425 $4,631
2015 $747 $1,930 $1,380 $4,480
2014 $765 $1,873 $1,267 $4,313
2013 $748 $1,842 $1,225 $4,174
2012 $699 $1,790 $1,204 $4,047
2011 $637 $1,705 $1,132 $3,880
2010 $659 $1,622 $987 $3,786
2009 $662 $1,567 $964 $3,777
2008 $704 $1,614 $1,067 $3,721
2007 $650 $1,558 $998 $3,672
2006 $447 $1,453 $901 $3,515
2005 $463 $1,422 $828 $3,293
2004 $585 $1,366 $772 $3,048
2003 $566 $1,328 $672 $2,822
2002 $496 $1,315 $600 $2,688
2001 $483 $1,251 $610 $2,644
2000 $518 $1,196 $642 $2,565
1999 $611 $1,163 $418 $2,475
1998 $647 $1,130 $424 $2,419
1997 $696 $1,099 $438 $2,398
1996 $726 $1,048 $457 $2,401
1995 $713 $1,014 $451 $2,315
1994 $672 $976 $400 $2,224
1993 $671 $947 $408 $2,160
1992 $693 $908 $396 $2,132
1991 $656 $887 $380 $1,992
1990 $604 $871 $344 $1,895
1989 $570 - $358 -
1988 $574 - $354 -
1987 $505 - $317 -
1986 $506 - $314 -
1985 $4,062 - $317 -
1984 $3,362 - $327 -
1983 $2,823 - $311 -
1982 $2,273 - $345 -
1981 $1,876 - $328 -
1980 $1,931 - $287.4 -
1979 $1,790 - $249.2 -
1978 $1,658 - $233.4 -
1977 $1,440 - $204.7 -
1976 $1,431 - $183.9 -
1975 $1,311 - $161.7 -
1974 $1,243 - $132 -
1973 $1,143 - $97.5 -
1972 $948 - $148.1 -
1971 $825 - $172.5 -
1970 $753 - $166.7 -
1969 - - $148.5 -
1968 - - $141.6 -
1967 - - $135.2 -
1966 - - $122.2 -
1965 - - $113.6 -
1964 - - $102.5 -
1963 - - $93.7 -
1962 - - $89.5 -
1961 - - $87.8 -
1960 - - $82 -

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

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

Guinea's GDP per capita is $1,877, ranking 161/197, compared to $1,596 in Pakistan, ranking 164/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,565, while Pakistan ranks 150th at $6,252.

Economic indicators

Guinea Pakistan
Gross domestic product
$28.3B
2025
$407B
2025
GDP rank
117/197
2025
41/197
2025
GDP growth
7.45%
2024-2025
3.7%
2024-2025
GDP per capita
$1,877
2025
$1,596
2025
GDP per capita rank
161/197
2025
164/197
2025
GDP per capita, PPP
$4,565
2024
$6,252
2024
GDP per capita PPP rank
161/197
2024
150/197
2024
Government debt
$13.6B
2025
$297B
2025
Debt-to-GDP ratio
48.1%
2025
72.8%
2025
Government debt per person
$902
2025
$1,162
2025
Government debt per person rank
146/185
2025
138/185
2025
Average annual personal income after taxes
$1,966
2026
$1,775
2026
Market capitalization of domestic companies n/a
$70.3B
2025
Income share by richest 10%
23.1%
2018
27.7%
2024
Income share by poorest 10%
3.5%
2018
3.4%
2024
Government expenditure, % of GDP
25.2%
2025
21.2%
2025
Consumer prices inflation
3.1%
2024-2025
3.55%
2024-2025
Central bank interest rate n/a
11.5%
2026
Unemployment rate
5.02%
2019
6.96%
2025
Population
15624314
261421997

Spending and national debt comparison by year

Guinea
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Guinea Pakistan
Government spending Government debt Government spending Government debt
2025 25.2% 48.1% 21.2% 72.8%
2024 20.6% 48.3% 19.4% 70.2%
2023 18.3% 39.8% 19.3% 78.5%
2022 15.7% 37.2% 20% 77.3%
2021 15.1% 40.6% 18.5% 74.7%
2020 17.1% 45.3% 20.3% 80.8%
2019 14.9% 37.3% 19.1% 78.7%
2018 15.9% 37.5% 19.1% 66.3%
2017 17.3% 39.9% 19.1% 62.1%
2016 16.1% 40.6% 17.7% 62.1%
2015 21.7% 41.5% 17.8% 59.1%
2014 20.1% 32.1% 18.1% 58.8%
2013 18.6% 30.5% 19.5% 59.2%
2012 19.6% 26.9% 19.4% 58.4%
2011 16% 53.8% 17.9% 56.2%
2010 20.5% 71.1% 18.3% 56.7%
2009 16.2% 61.3% 17.3% 54.6%
2008 10.1% 58.5% 18% 49.5%
2007 8.66% 60.8% 16.1% 44.2%
2006 13.2% 95.2% 14.5% 46.2%
2005 11% 97.9% 13% 47.9%
2004 13% 86.9% 12.1% 50.6%
2003 14.7% 81.6% 12.9% 56.3%
2002 14.4% 82.6% 14.4% 60.5%
2001 14.9% 90.4% 12.9% 65.1%
2000 12.6% 91.5% 13.8% 61.7%
1999 11.6% 92.3% 13.2% 60.7%
1998 10.3% 75.9% 14.1% 53.8%
1997 12.6% 67.9% 13.7% 52.8%
1996 12% 67.7% 15% 52.5%
1995 12.7% 66.5% 14% 52.3%
1994 12.6% 71.3% 14.5% 58.5%
1993 13.3% 68.9% 17% 57.9%
1992 13.8% 62% 22.6% 53.3%
1991 16.3% 70.9% 21.4% 55.8%
1990 18.7% 71.6% 23.9% 48.3%
1989 - - 26.1% 46.6%
1988 - - 27.9% 45%
1987 - - 29.5% 44.4%
1986 - - 27.6% 43.1%
1985 - - 28.3% 37%
1984 - - 25.4% 33.4%
1983 - - 24.8% 33.6%
1982 - - 24.5% 33.8%
1981 - - 21.6% 29.7%
1980 - - 22% 33.3%
1979 - - 25.3% 36.8%
1978 - - 25.5% 36.1%
1977 - - 20.4% 36.4%
1976 - - 21% 35.8%
1975 - - 20.4% 32.1%
1974 - - 15.3% 38%
1973 - - 13.9% 43.4%
1972 - - 13.5% 88.7%
1971 - - 22.1% 33.2%
1970 - - 23.6% 31.6%
1969 - - 15.6% 29.1%
1968 - - 13.7% 27.5%
1967 - - 12.9% 25.9%
1966 - - 12.2% 25.1%
1965 - - 11.2% 22.7%
1964 - - 12.1% 21.3%
1963 - - 14.7% 19.2%
1962 - - 11.8% 16.6%
1961 - - 10.6% 19.6%
1960 - - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1993, retrieved 2026-07-08).

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

In 2025, Guinea's government spending was $7.13B, accounting for 25.2% of its GDP, while Pakistan spent $86.4B, or 21.2% of GDP.

Debt-to-GDP ratio is 48.1% in Guinea and 72.8% in Pakistan, ranking 111/185 and 53/185, respectively.

Government deficit by year

Deficit/surplus
Guinea

Pakistan
1x
Year Deficit/surplus, % of GDP
Guinea Pakistan
2025 -7% -5.37%
2024 -4.99% -6.79%
2023 -3.86% -7.76%
2022 -1.88% -7.84%
2021 -1.7% -6.04%
2020 -3.08% -7.03%
2019 -0.17% -7.79%
2018 -0.97% -5.67%
2017 -1.98% -5.17%
2016 -0.08% -3.92%
2015 -6.53% -4.74%
2014 -3.01% -4.37%
2013 -3.86% -7.48%
2012 23.7% -7.74%
2011 -0.92% -6.23%
2010 -9.66% -5.42%
2009 -4.87% -4.53%
2008 0.38% -5.94%
2007 1.28% -4.23%
2006 -2.13% -2.79%
2005 -1.06% -2.29%
2004 -3.85% -1.29%
2003 -4.65% -0.12%
2002 -3.37% -2.64%
2001 -3.23% -2.45%
2000 -2.42% -3.21%
1999 -1.3% -3.07%
1998 2.46% -4.46%
1997 0.07% -3.87%
1996 -2.2% -4.33%
1995 -1.07% -3.9%
1994 -2.59% -3.63%
1993 -2.33% -5.53%
1992 -0.89% -11.3%
1991 -3.25% -10.8%
1990 -3.76% -11.9%
1989 - -7.01%
1988 - -9.35%
1987 - -11.7%
1986 - -9.79%
1985 - -10.6%
1984 - -8.9%
1983 - -7.55%
1982 - -8.24%
1981 - -5.83%
1980 - -5.32%
1979 - -11.6%
1978 - -12.4%
1977 - -8.74%
1976 - -9.05%
1975 - -8.97%
1974 - -4.45%
1973 - -3.99%
1972 - -3.16%
1971 - -7.45%
1970 - -10.8%
1969 - -7.08%
1968 - -5.56%
1967 - -4.27%
1966 - -4.48%
1965 - -3.28%
1964 - -4.89%
1963 - -6.55%
1962 - -3.39%
1961 - -4.6%
1960 - -3.83%
1959 - -3.71%
1958 - -4.2%
1957 - -2.21%
1956 - -2.36%
1955 - -2%
1954 - -3.18%
1953 - -2.66%
1952 - -0.73%
1951 - 0.63%
1950 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-07-08).

GeoRank.org/economy/guinea/pakistan | 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 Pakistan's deficit of $21.9B, or 5.37% of GDP.

Over the past 36 years, Guinea recorded a fiscal deficit in 31 of those years, while Pakistan ran a deficit in 36 years. On average, Guinea posted an annual deficit equal to 1.8% of GDP, compared to deficit of 5.32% of GDP for Pakistan.

Inflation comparison by year

Inflation
Guinea

Pakistan
1x
Year Consumer prices inflation
Guinea Pakistan
2025 3.1% 3.55%
2024 4.5% 12.6%
2023 5.4% 30.8%
2022 10.5% 19.9%
2021 12.6% 9.5%
2020 10.6% 9.74%
2019 9.5% 10.6%
2018 9.8% 5.08%
2017 8.9% 4.09%
2016 8.2% 3.77%
2015 8.2% 2.53%
2014 9.7% 7.19%
2013 11.9% 7.69%
2012 15.2% 9.68%
2011 21.4% 11.9%
2010 15.5% 12.9%
2009 4.7% 13.6%
2008 18.4% 20.3%
2007 22.9% 7.6%
2006 34.7% 7.92%
2005 31.4% 9.06%
2004 17.5% 7.44%
2003 11% 2.91%
2002 3% 3.29%
2001 5.4% 3.15%
2000 6.8% 4.37%
1999 4.6% 4.14%
1998 5.1% 6.23%
1997 1.9% 11.4%

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/pakistan | CC BY

Over the past 29 years, Guinea has recorded an average annual inflation rate of 11.5%, compared with 9.07% in Pakistan. In 2025, inflation was 3.1% in Guinea and 3.55% in Pakistan.

Top exports between countries

Guinea
Export category Export value
Textiles & consumer goods $2.12M
Animal & marine products $1.12M
Pakistan
Export category Export value
Raw agricultural goods $10M
Textiles & consumer goods $3.9M
Processed food, beverages & tobacco $3.26M
Chemicals & pharma $728K
Machinery & equipment $363K
Miscellaneous $81K
Metals $34K
Raw materials & minerals $10K
Wood & paper products $7K
Precious metals & jewellery $1K

Balance of trade

Guinea Pakistan
Current account balance
-$392M
2024
-$448M
2025
Current account balance ranking
101/190
2024
102/190
2025
Current account balance, % of GDP
-1.57%
2024
-0.11%
2025
Goods imports
$7.08B
2024
$62.6B
2025
Goods exports
$11.6B
2024
$31.5B
2025
Service imports
$3.15B
2024
$12B
2025
Service exports
$71.2M
2024
$9.09B
2025
Imports of goods and services, % of GDP
62.3%
2025
17.2%
2025
Exports of goods and services, % of GDP
41.4%
2025
9.99%
2025

Economic freedom indices

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

Guinea Pakistan
Economic freedom 53.1 48.9
Economic freedom ranking 141/197 168/197
Property rights 21.3 25.7
Government integrity 26.7 26.3
Judicial effectiveness 26 27.6
Tax burden 70.1 78.2
Government spending 90.1 88.5
Fiscal health 74.8 10.1
Business freedom 44.8 54.4
Labor freedom 56.4 51.7
Monetary freedom 75.3 54.1
Trade freedom 61.8 70.4
Investment freedom 50 60
Financial freedom 40 40

Economic freedom comparison by year

Guinea
Pakistan
1x
Year Economic freedom index
Guinea Pakistan
2026 53.1 48.9
2025 54.6 49.1
2024 53.3 49.5
2023 53.2 49.4
2022 54.2 48.8
2021 56.5 51.7
2020 56.5 54.8
2019 55.7 55
2018 52.2 54.4
2017 47.6 52.8
2016 53.3 55.9
2015 52.1 55.6
2014 53.5 55.2
2013 51.2 55.1
2012 50.8 54.7
2011 51.7 55.1
2010 51.8 55.2
2009 51 57
2008 52.8 55.6
2007 54.5 57.2
2006 52.8 57.9
2005 57.4 53.3
2004 56.1 54.9
2003 54.6 55
2002 52.9 55.8
2001 58.4 56
2000 58.2 56.4
1999 59.4 53
1998 61 53.2
1997 52.9 56
1996 58.5 58.4
1995 59.4 57.6

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

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

The Economic Freedom Index for Guinea is 53.1, ranking 141/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea Pakistan
Services, % of GDP
35.7%
2025
50.9%
2025
Industry, % of GDP
25.4%
2025
20.1%
2025
Agriculture, forestry, and fishing, % of GDP
31.3%
2025
23%
2025
GNI, Atlas method
$26.2B
2025
$382B
2025
GNI per capita, PPP
$4,730
2025
$6,430
2025
Total reserves including gold
$1.35B
2024
$26.5B
2025
Total reserves ranking
137/177
2024
62/177
2025
Net foreign direct investment
-$1.4B
2024
-$1.58B
2025
Net inflows of foreign direct investment
$1.4B
2024
$2.66B
2024
Net outflows of foreign direct investment
$30K
2024
$84M
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
4.5%
2024
Poverty at national poverty lines
47%
2020
21.9%
2018
Gross capital formation, % of GDP
37%
2025
14.3%
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/pakistan | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1993, 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 (2016–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. 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.