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Economy of Guinea vs Tonga compared: GDP & Debt

Updated on by Georank

Guinea has a GDP of $28.3B compared to $679M for Tonga, ranking 117/197 and 191/197 by economy size, respectively.

Guinea has $13.6B in government debt (48.1% of GDP), compared to $186M (27.4% of GDP) in Tonga.

Guinea vs Tonga GDP by year

Guinea
Tonga
1x
Year GDP, current $
Guinea Tonga
2025 $28,346,024,753 $679,218,219
2024 $25,008,678,293 $647,488,244
2023 $22,407,615,556 $591,139,734
2022 $19,910,452,542 $556,514,556
2021 $17,069,115,738 $519,306,339
2020 $14,088,693,743 $506,571,487
2019 $13,442,861,496 $506,031,248
2018 $11,857,030,367 $493,530,767
2017 $10,324,668,271 $459,976,847
2016 $8,595,955,222 $420,828,255
2015 $8,794,201,743 $437,525,539
2014 $8,778,473,373 $440,997,735
2013 $8,376,613,539 $451,788,498
2012 $7,638,044,557 $471,122,971
2011 $6,785,137,203 $414,143,828
2010 $6,853,467,146 $366,887,375
2009 $6,716,905,340 $312,415,028
2008 $6,964,179,983 $344,438,844
2007 $6,281,918,226 $298,519,623
2006 $4,220,019,845 $292,232,703
2005 $4,282,468,637 $261,823,805
2004 $5,300,767,961 $230,678,011
2003 $5,025,167,975 $202,246,591
2002 $4,301,608,753 $182,764,281
2001 $4,125,527,603 $181,117,230
2000 $4,367,458,867 $204,848,488
1999 $5,046,806,783 $199,208,718
1998 $5,232,118,046 $191,504,893
1997 $5,516,916,163 $214,991,452
1996 $5,641,243,100 $222,100,576
1995 $5,385,704,166 $208,871,666
1994 $4,932,800,407 $195,990,986
1993 $4,781,166,117 $138,489,884
1992 $4,789,220,417 $137,066,291
1991 $4,396,178,694 $132,201,141
1990 $3,888,320,666 $113,563,822
1989 $3,546,079,263 $106,344,855
1988 $3,476,480,303 $106,657,267
1987 $2,976,714,019 $81,667,133
1986 $2,909,130,355 $68,195,856
1985 $22,787,644,566 $60,058,663
1984 $18,421,497,251 $64,248,355
1983 $15,129,893,722 $60,863,964
1982 $11,926,032,493 $62,068,161
1981 $9,646,440,667 $62,242,013
1980 $9,746,524,915 $53,260,077
1979 $8,877,094,497 $44,667,002
1978 $8,087,305,999 $41,567,472
1977 $6,914,381,291 $34,139,388
1976 $6,762,781,871 $30,036,417
1975 $6,102,769,605 $32,506,742
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/tonga | CC BY

GDP per capita in Guinea vs Tonga by year

Guinea
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,877 - $6,547 -
2024 $1,695 $4,565 $6,215 -
2023 $1,555 $4,334 $5,652 $7,803
2022 $1,417 $4,062 $5,298 $7,296
2021 $1,245 $3,739 $4,923 $6,929
2020 $1,054 $3,332 $4,792 $6,676
2019 $1,031 $3,106 $4,789 $6,473
2018 $933 $2,844 $4,675 $6,393
2017 $834 $2,687 $4,366 $6,229
2016 $712 $2,255 $3,988 $5,920
2015 $747 $1,930 $4,124 $5,472
2014 $765 $1,873 $4,137 $5,336
2013 $748 $1,842 $4,219 $5,120
2012 $699 $1,790 $4,384 $4,996
2011 $637 $1,705 $3,850 $4,855
2010 $659 $1,622 $3,416 $4,465
2009 $662 $1,567 $2,914 $4,384
2008 $704 $1,614 $3,218 $4,600
2007 $650 $1,558 $2,797 $4,316
2006 $447 $1,453 $2,750 $4,327
2005 $463 $1,422 $2,478 $4,315
2004 $585 $1,366 $2,195 $4,235
2003 $566 $1,328 $1,936 $4,231
2002 $496 $1,315 $1,759 $4,171
2001 $483 $1,251 $1,754 $3,955
2000 $518 $1,196 $1,995 $3,834
1999 $611 $1,163 $1,952 $3,636
1998 $647 $1,130 $1,889 $3,527
1997 $696 $1,099 $2,136 $3,434
1996 $726 $1,048 $2,215 $3,410
1995 $713 $1,014 $2,084 $3,347
1994 $672 $976 $1,957 $3,088
1993 $671 $947 $1,383 $2,882
1992 $693 $908 $1,370 $2,716
1991 $656 $887 $1,323 $2,652
1990 $604 $871 $1,139 $2,416
1989 $570 - $1,070 -
1988 $574 - $1,078 -
1987 $505 - $830 -
1986 $506 - $696 -
1985 $4,062 - $613 -
1984 $3,362 - $656 -
1983 $2,823 - $621 -
1982 $2,273 - $633 -
1981 $1,876 - $636 -
1980 $1,931 - $545 -
1979 $1,790 - $458 -
1978 $1,658 - $428 -
1977 $1,440 - $353 -
1976 $1,431 - $315 -
1975 $1,311 - $349 -
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/tonga | CC BY

Guinea's GDP per capita is $1,877, ranking 161/197, compared to $6,547 in Tonga, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,565, while Tonga ranks 144th at $7,803.

Economic indicators

Guinea Tonga
Gross domestic product
$28.3B
2025
$679M
2025
GDP rank
117/197
2025
191/197
2025
GDP growth
7.45%
2024-2025
2.8%
2024-2025
GDP per capita
$1,877
2025
$6,547
2025
GDP per capita rank
161/197
2025
110/197
2025
GDP per capita, PPP
$4,565
2024
$7,803
2023
GDP per capita PPP rank
161/197
2024
144/197
2023
Government debt
$13.6B
2025
$186M
2025
Debt-to-GDP ratio
48.1%
2025
27.4%
2025
Government debt per person
$902
2025
$1,793
2025
Government debt per person rank
146/185
2025
123/185
2025
Average annual personal income after taxes
$1,966
2026
$4,104
2026
Income share by richest 10%
23.1%
2018
22%
2021
Income share by poorest 10%
3.5%
2018
4%
2021
Government expenditure, % of GDP
25.2%
2025
46.8%
2025
Consumer prices inflation
3.1%
2024-2025
5.59%
2024-2025
Unemployment rate
5.02%
2019
1.65%
2023
Population
15624314
103283

Spending and national debt comparison by year

Guinea
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Guinea Tonga
Government spending Government debt Government spending Government debt
2025 25.2% 48.1% 46.8% 27.4%
2024 20.6% 48.3% 44.3% 31.9%
2023 18.3% 39.8% 41.5% 37.2%
2022 15.7% 37.2% 41.3% 40.2%
2021 15.1% 40.6% 44.5% 43%
2020 17.1% 45.3% 37.1% 41.7%
2019 14.9% 37.3% 39% 41.8%
2018 15.9% 37.5% 39.3% 45.5%
2017 17.3% 39.9% 39.7% 44.7%
2016 16.1% 40.6% 37.2% 49.4%
2015 21.7% 41.5% 37.4% 51.1%
2014 20.1% 32.1% 31.5% 47.4%
2013 18.6% 30.5% 34.3% 48.9%
2012 19.6% 26.9% 32% 60%
2011 16% 53.8% 32.6% 51.9%
2010 20.5% 71.1% 28.4% 44.7%
2009 16.2% 61.3% 23.9% 39.7%
2008 10.1% 58.5% 24% 34%
2007 8.66% 60.8% 23.2% 37.8%
2006 13.2% 95.2% 25.6% 39.6%
2005 11% 97.9% 19.8% 43.3%
2004 13% 86.9% 19.3% 52.2%
2003 14.7% 81.6% 20% 56.2%
2002 14.4% 82.6% 21.3% 60.7%
2001 14.9% 90.4% 19.1% 53.4%
2000 12.6% 91.5% 20% 43.6%
1999 11.6% 92.3% 18.8% 38.4%
1998 10.3% 75.9% - -
1997 12.6% 67.9% - -
1996 12% 67.7% - -
1995 12.7% 66.5% - -
1994 12.6% 71.3% - -
1993 13.3% 68.9% - -
1992 13.8% 62% - -
1991 16.3% 70.9% - -
1990 18.7% 71.6% - -

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

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

In 2025, Guinea's government spending was $7.13B, accounting for 25.2% of its GDP, while Tonga spent $318M, or 46.8% of GDP.

Debt-to-GDP ratio is 48.1% in Guinea and 27.4% in Tonga, ranking 111/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Guinea

Tonga
1x
Year Deficit/surplus, % of GDP
Guinea Tonga
2025 -7% 4.86%
2024 -4.99% 3.6%
2023 -3.86% 5.28%
2022 -1.88% -0.09%
2021 -1.7% -0.87%
2020 -3.08% 5.15%
2019 -0.17% 3.2%
2018 -0.97% 2.9%
2017 -1.98% 3.58%
2016 -0.08% 1.47%
2015 -6.53% -2.75%
2014 -3.01% 6.38%
2013 -3.86% -1.3%
2012 23.7% -1.74%
2011 -0.92% -6.02%
2010 -9.66% -1.22%
2009 -4.87% 6.85%
2008 0.38% 2.14%
2007 1.28% 5.39%
2006 -2.13% 1.34%
2005 -1.06% 4.23%
2004 -3.85% 4.23%
2003 -4.65% 2.37%
2002 -3.37% 2.59%
2001 -3.23% 2.23%
2000 -2.42% 1.35%
1999 -1.3% 1.55%
1998 2.46% -
1997 0.07% -
1996 -2.2% -
1995 -1.07% -
1994 -2.59% -
1993 -2.33% -
1992 -0.89% -
1991 -3.25% -
1990 -3.76% -

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

GeoRank.org/economy/guinea/tonga | 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 Tonga's surplus of $33M, or 4.86% of GDP.

Over the past 27 years, Guinea recorded a fiscal deficit in 24 of those years, while Tonga ran a deficit in 7 years. On average, Guinea posted an annual deficit equal to 1.9% of GDP, compared to surplus of 2.1% of GDP for Tonga.

Inflation comparison by year

Inflation
Guinea

Tonga
1x
Year Consumer prices inflation
Guinea Tonga
2025 3.1% 5.59%
2024 4.5% 3.18%
2023 5.4% 6.35%
2022 10.5% 11%
2021 12.6% 5.64%
2020 10.6% -0.35%
2019 9.5% 1.18%
2018 9.8% 5.03%
2017 8.9% 7.52%
2016 8.2% 2.58%
2015 8.2% -1.05%
2014 9.7% 2.51%
2013 11.9% 0.78%
2012 15.2% 1.15%
2011 21.4% 6.27%
2010 15.5% 3.53%
2009 4.7% 1.43%
2008 18.4% 10.4%
2007 22.9% 5.84%
2006 34.7% 6.15%
2005 31.4% 8.67%
2004 17.5% 11%
2003 11% 11.6%
2002 3% 10.4%
2001 5.4% 8.29%
2000 6.8% 6.33%
1999 4.6% 4.46%
1998 5.1% 3.27%
1997 1.9% 2.12%

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/tonga | CC BY

Over the past 29 years, Guinea has recorded an average annual inflation rate of 11.5%, compared with 5.2% in Tonga. In 2025, inflation was 3.1% in Guinea and 5.59% in Tonga.

Balance of trade

Guinea Tonga
Current account balance
-$392M
2024
-$43.5M
2024
Current account balance ranking
101/190
2024
76/190
2024
Current account balance, % of GDP
-1.57%
2024
-6.72%
2024
Goods imports
$7.08B
2024
$232M
2024
Goods exports
$11.6B
2024
$10.8M
2024
Service imports
$3.15B
2024
$161M
2024
Service exports
$71.2M
2024
$93.6M
2024
Imports of goods and services, % of GDP
62.3%
2025
60.7%
2024
Exports of goods and services, % of GDP
41.4%
2025
16.9%
2024

Economic freedom indices

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

Guinea Tonga
Economic freedom 53.1 58.9
Economic freedom ranking 141/197 107/197
Property rights 21.3 71.1
Government integrity 26.7 45.1
Judicial effectiveness 26 64.9
Tax burden 70.1 85.6
Government spending 90.1 31
Fiscal health 74.8 97.3
Business freedom 44.8 59.2
Labor freedom 56.4 55.9
Monetary freedom 75.3 61
Trade freedom 61.8 75.4
Investment freedom 50 40
Financial freedom 40 20

Economic freedom comparison by year

Guinea
Tonga
1x
Year Economic freedom index
Guinea Tonga
2026 53.1 58.9
2025 54.6 58.5
2024 53.3 59.2
2023 53.2 60
2022 54.2 60.8
2021 56.5 57.5
2020 56.5 58.8
2019 55.7 57.7
2018 52.2 63.1
2017 47.6 63
2016 53.3 59.6
2015 52.1 59.3
2014 53.5 58.2
2013 51.2 56
2012 50.8 57
2011 51.7 55.8
2010 51.8 53.4
2009 51 54.1
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/tonga | CC BY

The Economic Freedom Index for Guinea is 53.1, ranking 141/197, compared to 58.9 for Tonga, ranking 107/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea Tonga
Services, % of GDP
35.7%
2025
49.5%
2024
Industry, % of GDP
25.4%
2025
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
31.3%
2025
18.6%
2024
GNI, Atlas method
$26.2B
2025
$709M
2025
GNI per capita, PPP
$4,730
2025
$9,240
2025
Total reserves including gold
$1.35B
2024
$413M
2025
Total reserves ranking
137/177
2024
162/177
2025
Net foreign direct investment
-$1.4B
2024
$13.3M
2024
Net inflows of foreign direct investment
$1.4B
2024
-$12.1M
2024
Net outflows of foreign direct investment
$30K
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
6.33%
2024
Poverty at national poverty lines
47%
2020
20.6%
2021
Gross capital formation, % of GDP
37%
2025
26.4%
2024

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/tonga | 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. 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.