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Economy of Guinea vs Suriname compared: GDP & Debt

Updated on by Georank team

Guinea has a GDP of $25B compared to $4.42B for Suriname, ranking 118/197 and 164/197 by economy size, respectively.

Guinea has $12.2B in government debt (48.8% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Guinea vs Suriname GDP by year

Guinea
Suriname
1x
Year GDP, current $
Guinea Suriname
2024 $25,008,678,293 $4,416,775,112
2023 $22,407,615,556 $3,472,693,412
2022 $19,910,452,542 $3,791,603,200
2021 $17,069,115,738 $3,107,923,198
2020 $14,088,693,743 $2,911,807,496
2019 $13,442,861,496 $4,016,040,575
2018 $11,857,030,367 $3,996,198,867
2017 $10,324,668,271 $3,591,679,431
2016 $8,595,955,222 $3,317,421,648
2015 $8,794,201,743 $5,126,237,646
2014 $8,778,473,373 $5,240,606,061
2013 $8,376,613,539 $5,145,757,576
2012 $7,638,044,557 $4,980,000,000
2011 $6,785,137,203 $4,422,276,622
2010 $6,853,467,146 $4,368,370,998
2009 $6,716,905,340 $3,875,409,836
2008 $6,964,179,983 $3,532,969,035
2007 $6,281,918,226 $2,936,612,022
2006 $4,220,019,845 $2,626,380,435
2005 $4,282,468,637 $1,793,410,397
2004 $5,300,767,961 $1,484,092,538
2003 $5,025,167,975 $1,274,190,311
2002 $4,301,608,753 $1,093,574,468
2001 $4,125,527,603 $834,279,358
2000 $4,367,458,867 $947,671,970
1999 $5,046,806,783 $886,290,698
1998 $5,232,118,046 $1,110,850,000
1997 $5,516,916,163 $926,422,500
1996 $5,641,243,100 $861,372,806
1995 $5,385,704,166 $691,590,498
1994 $4,932,800,407 $605,492,537
1993 $4,781,166,117 $428,764,706
1992 $4,789,220,417 $404,600,000
1991 $4,396,178,694 $448,100,000
1990 $3,888,320,666 $388,400,000
1989 $3,546,079,263 $542,600,000
1988 $3,476,480,303 $1,161,000,000
1987 $2,976,714,019 $980,000,000
1986 $2,909,130,355 $891,000,000
1985 $22,787,644,566 $873,000,000
1984 $18,421,497,251 $864,000,000
1983 $15,129,893,722 $883,500,000
1982 $11,926,032,493 $915,000,000
1981 $9,646,440,667 $889,000,000
1980 $9,746,524,915 $795,000,000
1979 $8,877,094,497 $782,500,000
1978 $8,087,305,999 $735,500,000
1977 $6,914,381,291 $641,500,000
1976 $6,762,781,871 $505,500,000
1975 $6,102,769,605 $465,500,000
1974 $5,691,417,541 $409,850,000
1973 $5,152,080,388 $339,450,000
1972 $4,203,069,035 $311,950,000
1971 $3,594,302,908 $301,000,000
1970 $3,220,224,608 $274,900,000
1969 - $259,650,000
1968 - $241,350,000
1967 - $220,700,000
1966 - $190,350,000
1965 - $154,150,000
1964 - $134,400,000
1963 - $125,950,000
1962 - $116,150,000
1961 - $107,700,000
1960 - $99,650,000

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

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

GDP per capita in Guinea vs Suriname by year

Guinea
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,695 $4,565 $6,962 $21,801
2023 $1,555 $4,334 $5,522 $21,110
2022 $1,417 $4,062 $6,084 $20,079
2021 $1,245 $3,739 $5,030 $18,458
2020 $1,054 $3,332 $4,755 $16,947
2019 $1,031 $3,106 $6,630 $19,772
2018 $933 $2,844 $6,666 $17,855
2017 $834 $2,687 $6,050 $17,568
2016 $712 $2,255 $5,644 $14,475
2015 $747 $1,930 $8,814 $16,544
2014 $765 $1,873 $9,108 $16,598
2013 $748 $1,842 $9,043 $16,173
2012 $699 $1,790 $8,851 $15,185
2011 $637 $1,705 $7,950 $13,926
2010 $659 $1,622 $7,944 $13,039
2009 $662 $1,567 $7,130 $12,393
2008 $704 $1,614 $6,576 $12,097
2007 $650 $1,558 $5,530 $11,530
2006 $447 $1,453 $5,003 $10,803
2005 $463 $1,422 $3,453 $10,014
2004 $585 $1,366 $2,888 $9,389
2003 $566 $1,328 $2,516 $8,552
2002 $496 $1,315 $2,202 $8,046
2001 $483 $1,251 $1,715 $7,865
2000 $518 $1,196 $1,988 $7,535
1999 $611 $1,163 $1,898 $7,367
1998 $647 $1,130 $2,429 $7,521
1997 $696 $1,099 $2,068 $7,422
1996 $726 $1,048 $1,963 $7,048
1995 $713 $1,014 $1,610 $7,000
1994 $672 $976 $1,434 $6,973
1993 $671 $947 $1,022 $6,650
1992 $693 $908 $969 $6,992
1991 $656 $887 $1,080 $6,852
1990 $604 $871 $942 $6,493
1989 $570 - $1,329 -
1988 $574 - $2,886 -
1987 $505 - $2,469 -
1986 $506 - $2,271 -
1985 $4,062 - $2,256 -
1984 $3,362 - $2,261 -
1983 $2,823 - $2,333 -
1982 $2,273 - $2,430 -
1981 $1,876 - $2,368 -
1980 $1,931 - $2,118 -
1979 $1,790 - $2,072 -
1978 $1,658 - $1,928 -
1977 $1,440 - $1,666 -
1976 $1,431 - $1,302 -
1975 $1,311 - $1,190 -
1974 $1,243 - $1,041 -
1973 $1,143 - $858 -
1972 $948 - $785 -
1971 $825 - $768 -
1970 $753 - $724 -
1969 - - $708 -
1968 - - $681 -
1967 - - $644 -
1966 - - $575 -
1965 - - $482 -
1964 - - $435 -
1963 - - $424 -
1962 - - $409 -
1961 - - $395 -
1960 - - $378 -

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

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

Guinea's GDP per capita is $1,695, ranking 160/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,565, while Suriname ranks 89th at $21,801.

Economic indicators

Guinea Suriname
Gross domestic product
$25B
2024
$4.42B
2024
GDP rank
118/197
2024
164/197
2024
GDP growth
5.35%
2023-2024
1.72%
2023-2024
GDP per capita
$1,695
2024
$6,962
2024
GDP per capita rank
160/197
2024
102/197
2024
GDP per capita, PPP
$4,565
2024
$21,801
2024
GDP per capita PPP rank
161/197
2024
89/197
2024
Government debt
$12.2B
2024
$3.86B
2024
Debt-to-GDP ratio
48.8%
2024
87.3%
2024
Government debt per person
$828
2024
$6,077
2024
Government debt per person rank
147/185
2024
74/185
2024
Average annual personal income after taxes
$20,020
2026
$3,263
2026
Income share by richest 10%
23.1%
2018
30.1%
2022
Income share by poorest 10%
3.5%
2018
2.2%
2022
Government expenditure, % of GDP
20.6%
2024
29.2%
2024
Consumer prices inflation
4.7%
2023-2024
16.2%
2023-2024
Central bank interest rate n/a
10%
2013
Unemployment rate
5.02%
2019
7.92%
2016
Population
15546235
646767

Spending and national debt comparison by year

Guinea
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Guinea Suriname
Government spending Government debt Government spending Government debt
2024 20.6% 48.8% 29.2% 87.3%
2023 18.3% 40.4% 29% 98.2%
2022 15.7% 37.9% 29.5% 116.9%
2021 15.1% 40.6% 32% 115.8%
2020 17.1% 45.3% 30.2% 146.4%
2019 14.9% 37.3% 40.5% 84%
2018 15.9% 37.5% 29.5% 68.6%
2017 17.3% 39.9% 28.7% 73%
2016 16.1% 40.6% 27.9% 75.4%
2015 21.7% 41.5% 29.9% 41.2%
2014 20.1% 32.1% 25.2% 25.2%
2013 18.6% 30.5% 26.2% 27.9%
2012 19.6% 26.9% 25.1% 20.1%
2011 16% 53.8% 21% 18.7%
2010 20.5% 71.1% 21% 17.3%
2009 16.2% 61.3% 24% 14.6%
2008 10.1% 58.5% 20.5% 14.8%
2007 8.66% 60.8% 22.6% 16.4%
2006 13.2% 95.2% 22.2% 22.5%
2005 11% 97.9% 22.2% 27.1%
2004 13% 86.9% 20.8% 29.4%
2003 14.7% 81.6% 19.2% 31.5%
2002 14.4% 82.6% 22.2% 37.4%
2001 14.9% 90.4% 21.8% 37.2%
2000 12.6% 91.5% 24.4% 48.4%
1999 11.6% 92.3% 19.6% 32.3%
1998 10.3% 75.9% 30.3% 21.6%
1997 12.6% 67.9% 21.1% 16.8%
1996 12% 67.7% 21.4% 11.8%
1995 12.7% 66.5% 20.2% 16.3%
1994 12.6% 71.3% 19.8% 30.5%
1993 13.3% 68.9% 21.2% 51.1%
1992 13.8% 62% 24.4% 64.4%
1991 16.3% 70.9% 26.6% 75.7%
1990 18.7% 71.6% 22.7% 72.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Guinea's government spending was $5.14B, accounting for 20.6% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 48.8% in Guinea and 87.3% in Suriname, ranking 111/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Guinea

Suriname
1x
Year Deficit/surplus, % of GDP
Guinea Suriname
2024 -4.99% -2.42%
2023 -3.86% -1.68%
2022 -1.88% -2.69%
2021 -1.7% -5.66%
2020 -3.08% -12%
2019 -0.17% -20.2%
2018 -0.97% -8.56%
2017 -1.98% -8.62%
2016 -0.08% -10.2%
2015 -6.53% -8.29%
2014 -3.01% -2.65%
2013 -3.86% -2.64%
2012 23.7% -0.38%
2011 -0.92% 2.32%
2010 -9.66% -0.15%
2009 -4.87% 2.03%
2008 0.38% 2.39%
2007 1.28% 5.01%
2006 -2.13% 0.59%
2005 -1.06% -3.39%
2004 -3.85% -1.2%
2003 -4.65% -0.11%
2002 -3.37% -3.3%
2001 -3.23% 3.49%
2000 -2.42% -7.76%
1999 -1.3% -4.92%
1998 2.46% -6.39%
1997 0.07% -0.32%
1996 -2.2% 3.42%
1995 -1.07% 1.17%
1994 -2.59% -1.89%
1993 -2.33% -4.68%
1992 -0.89% -6.45%
1991 -3.25% -9.8%
1990 -3.76% -3.04%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Guinea's government deficit, the difference between spending and revenue, was $1.25B, equivalent to 4.99% of GDP. This compares to Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 35 years, Guinea recorded a fiscal deficit in 30 of those years, while Suriname ran a deficit in 27 years. On average, Guinea posted an annual deficit equal to 1.65% of GDP, compared to deficit of 3.4% of GDP for Suriname.

Inflation comparison by year

Inflation
Guinea

Suriname
1x
Year Consumer prices inflation
Guinea Suriname
2024 4.7% 16.2%
2023 5.4% 51.6%
2022 10.5% 52.4%
2021 12.6% 59.1%
2020 10.6% 34.9%
2019 9.5% -
2018 9.8% -
2017 8.9% 22%
2016 8.2% 55.4%
2015 8.2% 6.89%
2014 9.7% 3.38%
2013 11.9% 1.92%
2012 15.2% 5.01%
2011 21.4% 17.7%
2010 15.5% 6.94%
2009 4.7% -0.13%
2008 18.4% 14.7%
2007 22.9% 6.43%
2006 34.7% 11.3%
2005 31.4% 9.9%
2004 17.5% 9.99%
2003 11% 23%
2002 3% 15.5%
2001 5.4% 38.6%
2000 6.8% 59.4%
1999 4.6% 98.8%
1998 5.1% 19%
1997 1.9% 7.15%

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/guinea/suriname | CC BY

Over the past 28 years, Guinea has recorded an average annual inflation rate of 11.8%, compared with 24.9% in Suriname. In 2024, inflation was 4.7% in Guinea and 16.2% in Suriname.

Balance of trade

Guinea Suriname
Current account balance
-$392M
2024
$9.31M
2024
Current account balance ranking
104/190
2024
76/190
2024
Current account balance, % of GDP
-1.57%
2024
+0.21%
2024
Goods imports
$7.08B
2024
$1.65B
2024
Goods exports
$11.6B
2024
$2.58B
2024
Service imports
$3.15B
2024
$921M
2024
Service exports
$71.2M
2024
$211M
2024
Imports of goods and services, % of GDP
56.4%
2024
38.4%
2010
Exports of goods and services, % of GDP
41.4%
2024
52.5%
2010

Economic freedom indices

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

Guinea Suriname
Economic freedom 53.1 53
Economic freedom ranking 141/197 143/197
Property rights 21.3 40.5
Government integrity 26.7 41
Judicial effectiveness 26 46.5
Tax burden 70.1 69.1
Government spending 90.1 74.3
Fiscal health 74.8 76.6
Business freedom 44.8 56.9
Labor freedom 56.4 69
Monetary freedom 75.3 56.4
Trade freedom 61.8 65.2
Investment freedom 50 20
Financial freedom 40 20

Economic freedom comparison by year

Guinea
Suriname
1x
Year Economic freedom index
Guinea Suriname
2026 53.1 53
2025 54.6 50.9
2024 53.3 46.7
2023 53.2 46.1
2022 54.2 48.1
2021 56.5 46.4
2020 56.5 49.5
2019 55.7 48.1
2018 52.2 48.1
2017 47.6 48
2016 53.3 53.8
2015 52.1 54.2
2014 53.5 54.2
2013 51.2 52
2012 50.8 52.6
2011 51.7 53.1
2010 51.8 52.5
2009 51 54.1
2008 52.8 54.3
2007 54.5 54.8
2006 52.8 55.1
2005 57.4 51.9
2004 56.1 47.9
2003 54.6 46.9
2002 52.9 48
2001 58.4 44.3
2000 58.2 45.8
1999 59.4 40.1
1998 61 39.9
1997 52.9 35.9
1996 58.5 36.7
1995 59.4 -

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

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

The Economic Freedom Index for Guinea is 53.1, ranking 141/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea Suriname
Services, % of GDP
36.3%
2024
50.8%
2024
Industry, % of GDP
25.1%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
31%
2024
6.77%
2024
GNI, Atlas method
$21.3B
2024
$3.61B
2024
GNI per capita, PPP
$4,130
2024
$20,000
2024
Total reserves including gold
$1.89B
2023
$1.63B
2024
Total reserves ranking
128/177
2023
132/177
2024
Net foreign direct investment
-$1.4B
2024
$26.5M
2024
Net inflows of foreign direct investment
$1.4B
2024
-$37.6M
2024
Net outflows of foreign direct investment
$30K
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
20.5%
2023
Poverty at national poverty lines
47%
2020
70%
2020
Gross capital formation, % of GDP
32.1%
2024
36.2%
2010

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/guinea/suriname | CC BY

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Data sources:

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

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.