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Economy of Guinea vs Saint Lucia compared: GDP & Debt

Updated on by Georank

Guinea has a GDP of $28.3B compared to $2.66B for Saint Lucia, ranking 117/197 and 173/197 by economy size, respectively.

Guinea has $13.6B in government debt (48.1% of GDP), compared to $2.05B (77.1% of GDP) in Saint Lucia.

Guinea vs Saint Lucia GDP by year

Guinea
Saint Lucia
1x
Year GDP, current $
Guinea Saint Lucia
2025 $28,346,024,753 $2,656,444,444
2024 $25,008,678,293 $2,605,148,148
2023 $22,407,615,556 $2,441,259,259
2022 $19,910,452,542 $2,319,888,889
2021 $17,069,115,738 $1,871,111,111
2020 $14,088,693,743 $1,521,740,741
2019 $13,442,861,496 $2,090,074,074
2018 $11,857,030,367 $2,060,955,556
2017 $10,324,668,271 $1,998,503,704
2016 $8,595,955,222 $1,868,544,444
2015 $8,794,201,743 $1,807,640,741
2014 $8,778,473,373 $1,749,185,185
2013 $8,376,613,539 $1,660,392,593
2012 $7,638,044,557 $1,598,207,407
2011 $6,785,137,203 $1,568,370,370
2010 $6,853,467,146 $1,482,385,185
2009 $6,716,905,340 $1,401,507,889
2008 $6,964,179,983 $1,437,731,111
2007 $6,281,918,226 $1,336,088,815
2006 $4,220,019,845 $1,268,319,185
2005 $4,282,468,637 $1,135,555,556
2004 $5,300,767,961 $1,066,666,667
2003 $5,025,167,975 $987,407,407
2002 $4,301,608,753 $900,000,000
2001 $4,125,527,603 $892,592,593
2000 $4,367,458,867 $932,592,593
1999 $5,046,806,783 $921,851,852
1998 $5,232,118,046 $877,407,407
1997 $5,516,916,163 $805,925,926
1996 $5,641,243,100 $788,888,889
1995 $5,385,704,166 $762,962,963
1994 $4,932,800,407 $713,703,704
1993 $4,781,166,117 $684,814,815
1992 $4,789,220,417 $674,074,074
1991 $4,396,178,694 $613,703,704
1990 $3,888,320,666 $579,629,630
1989 $3,546,079,263 $486,666,667
1988 $3,476,480,303 $429,629,630
1987 $2,976,714,019 $375,555,556
1986 $2,909,130,355 $340,000,000
1985 $22,787,644,566 $284,444,444
1984 $18,421,497,251 $251,481,481
1983 $15,129,893,722 $197,037,037
1982 $11,926,032,493 $183,333,333
1981 $9,646,440,667 $194,444,444
1980 $9,746,524,915 $170,370,370
1979 $8,877,094,497 -
1978 $8,087,305,999 -
1977 $6,914,381,291 -
1976 $6,762,781,871 -
1975 $6,102,769,605 -
1974 $5,691,417,541 -
1973 $5,152,080,388 -
1972 $4,203,069,035 -
1971 $3,594,302,908 -
1970 $3,220,224,608 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/guinea/saint-lucia | CC BY

GDP per capita in Guinea vs Saint Lucia by year

Guinea
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,877 - $14,746 -
2024 $1,695 $4,565 $14,494 $27,567
2023 $1,555 $4,334 $13,617 $25,975
2022 $1,417 $4,062 $12,976 $24,599
2021 $1,245 $3,739 $10,481 $19,101
2020 $1,054 $3,332 $8,537 $14,912
2019 $1,031 $3,106 $11,764 $18,710
2018 $933 $2,844 $11,643 $17,433
2017 $834 $2,687 $11,333 $16,131
2016 $712 $2,255 $10,638 $15,307
2015 $747 $1,930 $10,335 $14,353
2014 $765 $1,873 $10,045 $14,403
2013 $748 $1,842 $9,577 $14,010
2012 $699 $1,790 $9,260 $13,443
2011 $637 $1,705 $9,129 $13,471
2010 $659 $1,622 $8,674 $12,718
2009 $662 $1,567 $8,251 $12,600
2008 $704 $1,614 $8,517 $12,969
2007 $650 $1,558 $7,964 $12,199
2006 $447 $1,453 $7,611 $11,758
2005 $463 $1,422 $6,863 $10,818
2004 $585 $1,366 $6,495 $10,610
2003 $566 $1,328 $6,059 $9,707
2002 $496 $1,315 $5,568 $9,205
2001 $483 $1,251 $5,570 $9,106
2000 $518 $1,196 $5,880 $9,314
1999 $611 $1,163 $5,883 $9,214
1998 $647 $1,130 $5,673 $8,965
1997 $696 $1,099 $5,282 $8,456
1996 $726 $1,048 $5,244 $8,490
1995 $713 $1,014 $5,148 $8,222
1994 $672 $976 $4,892 $8,041
1993 $671 $947 $4,765 $7,865
1992 $693 $908 $4,760 $7,753
1991 $656 $887 $4,399 $7,127
1990 $604 $871 $4,205 $6,951
1989 $570 - $3,565 -
1988 $574 - $3,182 -
1987 $505 - $2,819 -
1986 $506 - $2,591 -
1985 $4,062 - $2,202 -
1984 $3,362 - $1,979 -
1983 $2,823 - $1,576 -
1982 $2,273 - $1,489 -
1981 $1,876 - $1,605 -
1980 $1,931 - $1,428 -
1979 $1,790 - - -
1978 $1,658 - - -
1977 $1,440 - - -
1976 $1,431 - - -
1975 $1,311 - - -
1974 $1,243 - - -
1973 $1,143 - - -
1972 $948 - - -
1971 $825 - - -
1970 $753 - - -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/guinea/saint-lucia | CC BY

Guinea's GDP per capita is $1,877, ranking 161/197, compared to $14,746 in Saint Lucia, ranking 72/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,565, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Guinea Saint Lucia
Gross domestic product
$28.3B
2025
$2.66B
2025
GDP rank
117/197
2025
173/197
2025
GDP growth
7.45%
2024-2025
-0.57%
2024-2025
GDP per capita
$1,877
2025
$14,746
2025
GDP per capita rank
161/197
2025
72/197
2025
GDP per capita, PPP
$4,565
2024
$27,567
2024
GDP per capita PPP rank
161/197
2024
75/197
2024
Government debt
$13.6B
2025
$2.05B
2025
Debt-to-GDP ratio
48.1%
2025
77.1%
2025
Government debt per person
$902
2025
$11,365
2025
Government debt per person rank
146/185
2025
53/185
2025
Average annual personal income after taxes
$1,966
2026
$12,464
2026
Income share by richest 10%
23.1%
2018
34.1%
2015
Income share by poorest 10%
3.5%
2018
2.1%
2015
Government expenditure, % of GDP
25.2%
2025
25.2%
2025
Consumer prices inflation
3.1%
2024-2025
2.03%
2024-2025
Unemployment rate
5.02%
2019
7.66%
2025
Population
15624314
180676

Spending and national debt comparison by year

Guinea
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Guinea Saint Lucia
Government spending Government debt Government spending Government debt
2025 25.2% 48.1% 25.2% 77.1%
2024 20.6% 48.3% 24.4% 76.7%
2023 18.3% 39.8% 25.3% 75.2%
2022 15.7% 37.2% 23.8% 73.9%
2021 15.1% 40.6% 26.7% 81.9%
2020 17.1% 45.3% 33.1% 94.4%
2019 14.9% 37.3% 24.6% 62.1%
2018 15.9% 37.5% 23.2% 60.3%
2017 17.3% 39.9% 23% 59.9%
2016 16.1% 40.6% 22.6% 60.2%
2015 21.7% 41.5% 22.1% 60.6%
2014 20.1% 32.1% 22.6% 61.9%
2013 18.6% 30.5% 24.3% 61.2%
2012 19.6% 26.9% 27.1% 60.2%
2011 16% 53.8% 26.9% 54.9%
2010 20.5% 71.1% 25.6% 52.2%
2009 16.2% 61.3% 24.2% 50.2%
2008 10.1% 58.5% 22.3% 46.9%
2007 8.66% 60.8% 22.2% 48.2%
2006 13.2% 95.2% 24.4% 48%
2005 11% 97.9% 25.3% 50.4%
2004 13% 86.9% 22.5% 48.8%
2003 14.7% 81.6% 22.5% 44.7%
2002 14.4% 82.6% 23% 47.7%
2001 14.9% 90.4% 22% 38%
2000 12.6% 91.5% 20.9% 32.8%
1999 11.6% 92.3% 20.9% 28.8%
1998 10.3% 75.9% 18.6% 29.1%
1997 12.6% 67.9% 19% 26.6%
1996 12% 67.7% 18.8% 23.9%
1995 12.7% 66.5% 19% 22.7%
1994 12.6% 71.3% 18.7% 23.4%
1993 13.3% 68.9% 21.6% 22.7%
1992 13.8% 62% 18.3% 22.1%
1991 16.3% 70.9% 18% 19.3%
1990 18.7% 71.6% 16.5% 16.7%
1989 - - 19% 18.1%
1988 - - 18.2% 18.6%
1987 - - 19.9% 19.6%
1986 - - 21.1% 17.2%
1985 - - 20.4% 17.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

GeoRank.org/economy/guinea/saint-lucia | CC BY

In 2025, Guinea's government spending was $7.13B, accounting for 25.2% of its GDP, while Saint Lucia spent $671M, or 25.2% of GDP.

Debt-to-GDP ratio is 48.1% in Guinea and 77.1% in Saint Lucia, ranking 111/185 and 48/185, respectively.

Government deficit by year

Deficit/surplus
Guinea

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Guinea Saint Lucia
2025 -7% -2.88%
2024 -4.99% -1.81%
2023 -3.86% -3.18%
2022 -1.88% -2.48%
2021 -1.7% -5.35%
2020 -3.08% -11.5%
2019 -0.17% -2.95%
2018 -0.97% -1.22%
2017 -1.98% -2.09%
2016 -0.08% -1.53%
2015 -6.53% -1.18%
2014 -3.01% -2.29%
2013 -3.86% -3.98%
2012 23.7% -6.93%
2011 -0.92% -5.35%
2010 -9.66% -4.11%
2009 -4.87% -2.63%
2008 0.38% -0.72%
2007 1.28% -1.59%
2006 -2.13% -5.01%
2005 -1.06% -6%
2004 -3.85% -2.58%
2003 -4.65% -3.17%
2002 -3.37% -3.03%
2001 -3.23% -3.07%
2000 -2.42% -1.17%
1999 -1.3% 1.61%
1998 2.46% 2.22%
1997 0.07% -1.1%
1996 -2.2% -0.57%
1995 -1.07% -0.13%
1994 -2.59% -0.02%
1993 -2.33% -0.25%
1992 -0.89% -0.66%
1991 -3.25% -0.42%
1990 -3.76% 0.29%
1989 - 0.89%
1988 - 2.02%
1987 - 0.56%
1986 - -1.61%
1985 - -1.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

GeoRank.org/economy/guinea/saint-lucia | 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 Saint Lucia's deficit of $76.5M, or 2.88% of GDP.

Over the past 36 years, Guinea recorded a fiscal deficit in 31 of those years, while Saint Lucia ran a deficit in 33 years. On average, Guinea posted an annual deficit equal to 1.8% of GDP, compared to deficit of 2.41% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Guinea

Saint Lucia
1x
Year Consumer prices inflation
Guinea Saint Lucia
2025 3.1% 2.03%
2024 4.5% -0.67%
2023 5.4% 3.82%
2022 10.5% 9.65%
2021 12.6% 2.41%
2020 10.6% -1.76%
2019 9.5% 0.54%
2018 9.8% 1.94%
2017 8.9% 0.1%
2016 8.2% -3.08%
2015 8.2% -0.98%
2014 9.7% 3.52%
2013 11.9% 1.47%
2012 15.2% 4.18%
2011 21.4% 2.77%
2010 15.5% 3.25%
2009 4.7% -0.16%
2008 18.4% 5.55%
2007 22.9% 2.82%
2006 34.7% 2.4%
2005 31.4% 3.9%
2004 17.5% 1.46%
2003 11% 1.03%
2002 3% -0.26%
2001 5.4% 5.31%
2000 6.8% 3.71%
1999 4.6% 3.5%
1998 5.1% 3.2%
1997 1.9% -0.006%

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/saint-lucia | CC BY

Over the past 29 years, Guinea has recorded an average annual inflation rate of 11.5%, compared with 2.13% in Saint Lucia. In 2025, inflation was 3.1% in Guinea and 2.03% in Saint Lucia.

Balance of trade

Guinea Saint Lucia
Current account balance
-$392M
2024
-$166M
2025
Current account balance ranking
101/190
2024
89/190
2025
Current account balance, % of GDP
-1.57%
2024
-6.26%
2025
Goods imports
$7.08B
2024
$834M
2025
Goods exports
$11.6B
2024
$144M
2025
Service imports
$3.15B
2024
$672M
2025
Service exports
$71.2M
2024
$1.4B
2025
Imports of goods and services, % of GDP
62.3%
2025
n/a
Exports of goods and services, % of GDP
41.4%
2025
19%
2026

Economic freedom indices

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

Guinea Saint Lucia
Economic freedom 53.1 67.5
Economic freedom ranking 141/197 57/197
Property rights 21.3 64.3
Government integrity 26.7 59.7
Judicial effectiveness 26 77.3
Tax burden 70.1 77.7
Government spending 90.1 82.6
Fiscal health 74.8 80
Business freedom 44.8 71.9
Labor freedom 56.4 65.2
Monetary freedom 75.3 81
Trade freedom 61.8 60
Investment freedom 50 50
Financial freedom 40 40

Economic freedom comparison by year

Guinea
Saint Lucia
1x
Year Economic freedom index
Guinea Saint Lucia
2026 53.1 67.5
2025 54.6 67
2024 53.3 62.2
2023 53.2 60.7
2022 54.2 64.3
2021 56.5 67.5
2020 56.5 68.2
2019 55.7 68.7
2018 52.2 67.6
2017 47.6 65
2016 53.3 70
2015 52.1 70.2
2014 53.5 70.7
2013 51.2 70.4
2012 50.8 71.3
2011 51.7 70.8
2010 51.8 70.5
2009 51 68.8
2008 52.8 -
2007 54.5 -
2006 52.8 -
2005 57.4 -
2004 56.1 -
2003 54.6 -
2002 52.9 -
2001 58.4 -
2000 58.2 -
1999 59.4 -
1998 61 -
1997 52.9 -
1996 58.5 -
1995 59.4 -

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

GeoRank.org/economy/guinea/saint-lucia | CC BY

The Economic Freedom Index for Guinea is 53.1, ranking 141/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea Saint Lucia
Services, % of GDP
35.7%
2025
73.8%
2025
Industry, % of GDP
25.4%
2025
10.7%
2025
Agriculture, forestry, and fishing, % of GDP
31.3%
2025
1.66%
2025
GNI, Atlas method
$26.2B
2025
$2.42B
2025
GNI per capita, PPP
$4,730
2025
$26,180
2025
Total reserves including gold
$1.35B
2024
$447M
2025
Total reserves ranking
137/177
2024
160/177
2025
Net foreign direct investment
-$1.4B
2024
-$175M
2025
Net inflows of foreign direct investment
$1.4B
2024
$187M
2024
Net outflows of foreign direct investment
$30K
2024
-$350K
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
3.35%
2024
Poverty at national poverty lines
47%
2020
25%
2016
Gross capital formation, % of GDP
37%
2025
n/a

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/saint-lucia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, 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. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, 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.