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Economy of Guinea vs Syria compared: GDP & Debt

Updated on by Georank

Guinea has a GDP of $28.3B compared to $20B for Syria, ranking 117/197 and 134/197 by economy size, respectively.

Guinea has $13.6B in government debt (48.1% of GDP), compared to $18.4B (30% of GDP) in Syria.

Guinea vs Syria GDP by year

Guinea
Syria
1x
Year GDP, current $
Guinea Syria
2025 $28,346,024,753 -
2024 $25,008,678,293 -
2023 $22,407,615,556 $19,993,439,950
2022 $19,910,452,542 $23,737,634,644
2021 $17,069,115,738 $14,892,885,528
2020 $14,088,693,743 $12,501,503,673
2019 $13,442,861,496 $22,583,046,645
2018 $11,857,030,367 $21,497,779,248
2017 $10,324,668,271 $16,369,842,725
2016 $8,595,955,222 $12,597,854,088
2015 $8,794,201,743 $16,466,861,435
2014 $8,778,473,373 $21,502,061,466
2013 $8,376,613,539 $21,361,254,635
2012 $7,638,044,557 $43,190,318,033
2011 $6,785,137,203 $67,539,433,544
2010 $6,853,467,146 $61,390,833,273
2009 $6,716,905,340 $54,111,721,044
2008 $6,964,179,983 $52,557,913,397
2007 $6,281,918,226 $40,465,331,020
2006 $4,220,019,845 $33,751,812,959
2005 $4,282,468,637 $28,858,937,499
2004 $5,300,767,961 $25,086,910,448
2003 $5,025,167,975 $21,828,144,686
2002 $4,301,608,753 $20,786,986,580
2001 $4,125,527,603 $20,078,599,626
2000 $4,367,458,867 $18,937,031,610
1999 $5,046,806,783 $15,873,875,969
1998 $5,232,118,046 $15,200,846,154
1997 $5,516,916,163 $14,505,233,463
1996 $5,641,243,100 $13,789,560,878
1995 $5,385,704,166 $11,396,706,587
1994 $4,932,800,407 $10,122,020,000
1993 $4,781,166,117 $13,695,962,055
1992 $4,789,220,417 $13,253,565,861
1991 $4,396,178,694 $12,981,833,333
1990 $3,888,320,666 $12,308,624,418
1989 $3,546,079,263 $9,853,395,762
1988 $3,476,480,303 $10,577,041,645
1987 $2,976,714,019 $11,356,215,543
1986 $2,909,130,355 $13,293,205,278
1985 $22,787,644,566 $16,403,539,893
1984 $18,421,497,251 $17,503,078,174
1983 $15,129,893,722 $17,589,277,143
1982 $11,926,032,493 $16,298,929,011
1981 $9,646,440,667 $15,518,201,335
1980 $9,746,524,915 $13,062,420,382
1979 $8,877,094,497 $9,929,681,529
1978 $8,087,305,999 $9,275,200,458
1977 $6,914,381,291 $7,696,011,396
1976 $6,762,781,871 $7,633,528,867
1975 $6,102,769,605 $6,826,980,444
1974 $5,691,417,541 $5,159,557,148
1973 $5,152,080,388 $3,239,487,516
1972 $4,203,069,035 $3,059,681,698
1971 $3,594,302,908 $2,589,851,325
1970 $3,220,224,608 $2,140,384,010
1969 - $2,245,011,515
1968 - $1,753,746,430
1967 - $1,580,229,799
1966 - $1,342,287,553
1965 - $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

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

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

GDP per capita in Guinea vs Syria by year

Guinea
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,877 - - -
2024 $1,695 $4,565 - -
2023 $1,555 $4,334 $847 $4,650
2022 $1,417 $4,062 $1,057 $4,772
2021 $1,245 $3,739 $689 $4,593
2020 $1,054 $3,332 $594 $3,738
2019 $1,031 $3,106 $1,110 $3,502
2018 $933 $2,844 $1,098 $3,456
2017 $834 $2,687 $852 $3,265
2016 $712 $2,255 $656 -
2015 $747 $1,930 $848 -
2014 $765 $1,873 $1,061 -
2013 $748 $1,842 $986 -
2012 $699 $1,790 $1,898 -
2011 $637 $1,705 $2,952 -
2010 $659 $1,622 $2,731 -
2009 $662 $1,567 $2,462 -
2008 $704 $1,614 $2,429 -
2007 $650 $1,558 $1,938 -
2006 $447 $1,453 $1,719 -
2005 $463 $1,422 $1,534 -
2004 $585 $1,366 $1,368 -
2003 $566 $1,328 $1,220 -
2002 $496 $1,315 $1,190 -
2001 $483 $1,251 $1,178 -
2000 $518 $1,196 $1,138 -
1999 $611 $1,163 $978 -
1998 $647 $1,130 $961 -
1997 $696 $1,099 $941 -
1996 $726 $1,048 $918 -
1995 $713 $1,014 $780 -
1994 $672 $976 $712 -
1993 $671 $947 $993 -
1992 $693 $908 $990 -
1991 $656 $887 $1,000 -
1990 $604 $871 $978 -
1989 $570 - $809 -
1988 $574 - $898 -
1987 $505 - $997 -
1986 $506 - $1,208 -
1985 $4,062 - $1,544 -
1984 $3,362 - $1,706 -
1983 $2,823 - $1,776 -
1982 $2,273 - $1,703 -
1981 $1,876 - $1,676 -
1980 $1,931 - $1,458 -
1979 $1,790 - $1,146 -
1978 $1,658 - $1,108 -
1977 $1,440 - $951 -
1976 $1,431 - $976 -
1975 $1,311 - $904 -
1974 $1,243 - $707 -
1973 $1,143 - $459 -
1972 $948 - $448 -
1971 $825 - $393 -
1970 $753 - $335 -
1969 - - $364 -
1968 - - $293.3 -
1967 - - $272.9 -
1966 - - $239.3 -
1965 - - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

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

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

Guinea's GDP per capita is $1,877, ranking 161/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,565, while Syria ranks 160th at $4,650.

Economic indicators

Guinea Syria
Gross domestic product
$28.3B
2025
$20B
2023
GDP rank
117/197
2025
134/197
2023
GDP growth
7.45%
2024-2025
-1.85%
2022-2023
GDP per capita
$1,877
2025
$847
2023
GDP per capita rank
161/197
2025
185/197
2023
GDP per capita, PPP
$4,565
2024
$4,650
2023
GDP per capita PPP rank
161/197
2024
160/197
2023
Government debt
$13.6B
2025
$18.4B
2010
Debt-to-GDP ratio
48.1%
2025
30%
2010
Government debt per person
$902
2025
$820
2010
Government debt per person rank
146/185
2025
150/185
2010
Average annual personal income after taxes
$1,966
2026
$693
2026
Income share by richest 10%
23.1%
2018
20.9%
2022
Income share by poorest 10%
3.5%
2018
3.8%
2022
Government expenditure, % of GDP
25.2%
2025
28.6%
2010
Consumer prices inflation
3.1%
2024-2025
13.4%
2018-2019
Unemployment rate
5.02%
2019
14.9%
2011
Population
15624314
26956472

Spending and national debt comparison by year

Guinea
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Guinea Syria
Government spending Government debt Government spending Government debt
2025 25.2% 48.1% - -
2024 20.6% 48.3% - -
2023 18.3% 39.8% - -
2022 15.7% 37.2% - -
2021 15.1% 40.6% - -
2020 17.1% 45.3% - -
2019 14.9% 37.3% - -
2018 15.9% 37.5% - -
2017 17.3% 39.9% - -
2016 16.1% 40.6% - -
2015 21.7% 41.5% - -
2014 20.1% 32.1% - -
2013 18.6% 30.5% - -
2012 19.6% 26.9% - -
2011 16% 53.8% - -
2010 20.5% 71.1% 28.6% 30%
2009 16.2% 61.3% 26.7% 31.2%
2008 10.1% 58.5% 22.9% 37.3%
2007 8.66% 60.8% 25.7% 42.7%
2006 13.2% 95.2% 26.3% 45%
2005 11% 97.9% 28.2% 50.7%
2004 13% 86.9% 31.3% 113%
2003 14.7% 81.6% 32.6% 133.4%
2002 14.4% 82.6% 28.5% 132.4%
2001 14.9% 90.4% 28% 144.5%
2000 12.6% 91.5% 27.4% 152.1%
1999 11.6% 92.3% 28% 147.7%
1998 10.3% 75.9% 28.8% 151.2%
1997 12.6% 67.9% 29% 147.6%
1996 12% 67.7% 27.7% 141.5%
1995 12.7% 66.5% 29.8% 152.6%
1994 12.6% 71.3% 30.3% 163%
1993 13.3% 68.9% 29.4% 171.9%
1992 13.8% 62% 34.2% 173.6%
1991 16.3% 70.9% 34.3% 182.4%
1990 18.7% 71.6% 28.3% 189.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Guinea's government spending was $7.13B, accounting for 25.2% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 48.1% in Guinea and 30% in Syria, ranking 111/185 and 155/185, respectively.

Government deficit by year

Deficit/surplus
Guinea

Syria
1x
Year Deficit/surplus, % of GDP
Guinea Syria
2025 -7% -
2024 -4.99% -
2023 -3.86% -
2022 -1.88% -
2021 -1.7% -
2020 -3.08% -
2019 -0.17% -
2018 -0.97% -
2017 -1.98% -
2016 -0.08% -
2015 -6.53% -
2014 -3.01% -
2013 -3.86% -
2012 23.7% -
2011 -0.92% -
2010 -9.66% -7.79%
2009 -4.87% -2.89%
2008 0.38% -2.86%
2007 1.28% -2.99%
2006 -2.13% -1.12%
2005 -1.06% -4.41%
2004 -3.85% -4.18%
2003 -4.65% -2.7%
2002 -3.37% -2.02%
2001 -3.23% 2.3%
2000 -2.42% -1.36%
1999 -1.3% -1.47%
1998 2.46% -2.81%
1997 0.07% -1.78%
1996 -2.2% -2.83%
1995 -1.07% -3.81%
1994 -2.59% -6%
1993 -2.33% -4.96%
1992 -0.89% -7.26%
1991 -3.25% -6.57%
1990 -3.76% -3.92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2010, Guinea's government deficit, the difference between spending and revenue, was $662M, equivalent to 9.66% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 21 years, Guinea recorded a fiscal deficit in 17 of those years, while Syria ran a deficit in 20 years. On average, Guinea posted an annual deficit equal to 2.31% of GDP, compared to deficit of 3.4% of GDP for Syria.

Inflation comparison by year

Inflation
Guinea

Syria
1x
Year Consumer prices inflation
Guinea Syria
2025 3.1% -
2024 4.5% -
2023 5.4% -
2022 10.5% -
2021 12.6% -
2020 10.6% -
2019 9.5% 13.4%
2018 9.8% 0.94%
2017 8.9% 18.1%
2016 8.2% 47.7%
2015 8.2% 38.5%
2014 9.7% 10.9%
2013 11.9% 40%
2012 15.2% 36.7%
2011 21.4% 4.75%
2010 15.5% 4.4%
2009 4.7% 2.92%
2008 18.4% 15.7%
2007 22.9% 3.91%
2006 34.7% 10%
2005 31.4% 7.24%
2004 17.5% 4.43%
2003 11% 5.8%
2002 3% -0.13%
2001 5.4% 3%
2000 6.8% -3.85%
1999 4.6% -3.7%
1998 5.1% -0.8%
1997 1.9% 1.89%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2019, retrieved 2026-07-08).

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

Over the past 23 years, Guinea has recorded an average annual inflation rate of 12.4%, compared with 11.4% in Syria. In 2019, inflation was 3.1% in Guinea and 13.4% in Syria.

Top exports between countries

Guinea
Export category Export value
Syria
Export category Export value
Processed food, beverages & tobacco $936K
Textiles & consumer goods $193K
Chemicals & pharma $151K
Raw materials & minerals $37K
Machinery & equipment $24K
Metals $6K
Precious metals & jewellery $1K
Wood & paper products $1K

Balance of trade

Guinea Syria
Current account balance
-$392M
2024
-$367M
2010
Current account balance ranking
101/190
2024
99/190
2010
Current account balance, % of GDP
-1.57%
2024
-0.6%
2010
Goods imports
$7.08B
2024
$15.9B
2010
Goods exports
$11.6B
2024
$12.3B
2010
Service imports
$3.15B
2024
$3.53B
2010
Service exports
$71.2M
2024
$7.33B
2010
Imports of goods and services, % of GDP
62.3%
2025
28.7%
2022
Exports of goods and services, % of GDP
41.4%
2025
6.78%
2022

Economic freedom indices

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

Guinea Syria
Economic freedom 53.1 51.2
Economic freedom ranking 141/197 155/197
Property rights 21.3 4
Government integrity 26.7 3.6
Judicial effectiveness 26 3.7
Tax burden 70.1 87.3
Government spending 90.1 78.5
Fiscal health 74.8 13.8
Business freedom 44.8 33.8
Labor freedom 56.4 37.2
Monetary freedom 75.3 80
Trade freedom 61.8 47
Investment freedom 50 0
Financial freedom 40 20

Economic freedom comparison by year

Guinea
Syria
1x
Year Economic freedom index
Guinea Syria
2026 53.1 -
2025 54.6 -
2024 53.3 -
2023 53.2 -
2022 54.2 -
2021 56.5 -
2020 56.5 -
2019 55.7 -
2018 52.2 -
2017 47.6 -
2016 53.3 -
2015 52.1 -
2014 53.5 -
2013 51.2 -
2012 50.8 51.2
2011 51.7 51.3
2010 51.8 49.4
2009 51 51.3
2008 52.8 47.2
2007 54.5 48.3
2006 52.8 51.2
2005 57.4 46.3
2004 56.1 40.6
2003 54.6 41.3
2002 52.9 36.3
2001 58.4 36.6
2000 58.2 37.2
1999 59.4 39
1998 61 42.2
1997 52.9 43
1996 58.5 42.3
1995 59.4 -

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

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

The Economic Freedom Index for Guinea is 53.1, ranking 141/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea Syria
Services, % of GDP
35.7%
2025
44.7%
2022
Industry, % of GDP
25.4%
2025
11.9%
2022
Agriculture, forestry, and fishing, % of GDP
31.3%
2025
42.9%
2022
GNI, Atlas method
$26.2B
2025
$18.2B
2023
GNI per capita, PPP
$4,730
2025
$4,480
2023
Total reserves including gold
$1.35B
2024
$20.6B
2010
Total reserves ranking
137/177
2024
66/177
2010
Net foreign direct investment
-$1.4B
2024
-$1.47B
2010
Net inflows of foreign direct investment
$1.4B
2024
$0
2024
Net outflows of foreign direct investment
$30K
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
0.15%
2023
Poverty at national poverty lines
47%
2020
35.2%
2007
Gross capital formation, % of GDP
37%
2025
16%
1969

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/syria | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2010, 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.