Skip to content

Economy of Guyana vs Indonesia compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $1.4T for Indonesia, ranking 120/197 and 16/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $561B (40.2% of GDP) in Indonesia.

Guyana vs Indonesia GDP by year

Guyana
Indonesia
1x
Year GDP, current $
Guyana Indonesia
2024 $24,662,709,832 $1,396,300,098,191
2023 $16,918,503,597 $1,371,169,301,564
2022 $14,718,388,489 $1,319,101,183,380
2021 $8,041,362,110 $1,186,509,691,087
2020 $5,471,256,595 $1,059,054,842,698
2019 $5,173,760,192 $1,119,099,871,350
2018 $4,787,636,998 $1,042,271,532,989
2017 $4,748,174,334 $1,015,618,744,160
2016 $4,482,697,337 $931,877,364,038
2015 $4,279,840,194 $860,854,232,686
2014 $4,127,660,152 $890,814,755,534
2013 $4,167,800,929 $912,524,136,718
2012 $4,063,088,536 $917,869,913,333
2011 $3,691,384,318 $892,969,104,563
2010 $3,432,912,517 $755,094,157,622
2009 $3,165,663,153 $539,580,085,612
2008 $3,025,187,433 $510,228,634,992
2007 $2,730,971,595 $432,216,737,775
2006 $2,379,817,991 $364,570,515,618
2005 $824,880,550 $285,868,619,196
2004 $787,814,379 $256,836,875,295
2003 $743,063,950 $234,772,463,824
2002 $726,131,435 $195,660,611,165
2001 $712,167,450 $160,446,947,785
2000 $712,667,897 $165,021,012,078
1999 $694,754,988 $140,001,351,215
1998 $717,530,683 $95,445,547,873
1997 $749,138,010 $215,748,998,610
1996 $705,406,001 $227,369,679,375
1995 $621,626,786 $202,132,028,723
1994 $540,874,934 $176,892,143,932
1993 $454,101,382 $158,006,700,302
1992 $373,573,141 $128,026,966,580
1991 $348,533,095 $116,621,996,217
1990 $396,582,263 $106,140,727,334
1989 $379,779,390 $94,451,427,877
1988 $413,799,990 $84,300,174,486
1987 $354,591,847 $75,929,617,558
1986 $504,651,140 $79,954,072,545
1985 $453,488,372 $85,289,488,375
1984 $437,631,605 $84,853,700,028
1983 $489,333,333 $81,052,283,384
1982 $482,000,000 $90,158,449,295
1981 $570,357,107 $85,518,233,419
1980 $603,200,000 $72,482,337,397
1979 $530,440,000 $51,400,186,343
1978 $507,080,000 $51,455,719,076
1977 $449,880,000 $45,808,915,663
1976 $454,440,000 $37,269,156,627
1975 $494,791,667 $30,463,855,422
1974 $433,954,545 $25,802,409,639
1973 $307,047,619 $16,273,253,012
1972 $285,380,952 $10,997,590,361
1971 $282,050,000 $9,333,536,370
1970 $267,800,000 $9,150,684,932
1969 $249,300,000 $8,337,423,313
1968 $229,750,000 $7,076,465,300
1967 $250,176,471 $5,667,756,628
1966 $228,705,882 -
1965 $213,235,294 -
1964 $194,774,513 -
1963 $175,757,894 -
1962 $194,949,513 -
1961 $185,849,535 -
1960 $170,216,241 -

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

GeoRank.org/economy/guyana/indonesia | CC BY

GDP per capita in Guyana vs Indonesia by year

Guyana
GDP per capita

GDP per capita, PPP
Indonesia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Indonesia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 $4,925 $16,448
2023 $20,474 $54,729 $4,876 $15,416
2022 $17,913 $39,711 $4,731 $14,285
2021 $9,861 $22,866 $4,287 $12,757
2020 $6,776 $16,819 $3,854 $11,729
2019 $6,406 $13,241 $4,107 $11,986
2018 $6,048 $12,443 $3,861 $11,372
2017 $6,179 $12,243 $3,799 $10,688
2016 $5,871 $11,516 $3,521 $10,263
2015 $5,640 $11,408 $3,288 $10,028
2014 $5,473 $11,145 $3,441 $10,065
2013 $5,557 $11,200 $3,567 $9,866
2012 $5,444 $10,627 $3,632 $9,530
2011 $4,947 $10,066 $3,579 $8,937
2010 $4,582 $9,337 $3,066 $8,353
2009 $4,209 $8,824 $2,218 $7,868
2008 $4,009 $8,437 $2,125 $7,569
2007 $3,608 $8,110 $1,823 $7,096
2006 $3,136 $7,346 $1,558 $6,583
2005 $1,084 $6,761 $1,238 $6,134
2004 $1,033 $6,673 $1,127 $5,700
2003 $974 $6,392 $1,043 $5,353
2002 $951 $6,304 $881 $5,076
2001 $932 $6,131 $732 $4,849
2000 $932 $5,860 $764 $4,639
1999 $909 $5,812 $657 $4,386
1998 $940 $5,573 $455 $4,356
1997 $983 $5,615 $1,045 $5,037
1996 $928 $5,210 $1,119 $4,807
1995 $820 $4,753 $1,011 $4,451
1994 $716 $4,447 $900 $4,096
1993 $603 $4,027 $817 $3,793
1992 $498 $3,651 $674 $3,538
1991 $466 $3,322 $624 $3,305
1990 $529 $3,022 $578 $3,044
1989 $503 - $524 -
1988 $545 - $477 -
1987 $464 - $438 -
1986 $657 - $470 -
1985 $588 - $511 -
1984 $565 - $520 -
1983 $631 - $508 -
1982 $621 - $578 -
1981 $735 - $561 -
1980 $779 - $487 -
1979 $689 - $353 -
1978 $663 - $362 -
1977 $593 - $331 -
1976 $604 - $275.7 -
1975 $664 - $231.1 -
1974 $588 - $200.7 -
1973 $421 - $129.9 -
1972 $395 - $90.1 -
1971 $396 - $78.5 -
1970 $381 - $79.1 -
1969 $361 - $74.1 -
1968 $340 - $64.7 -
1967 $378 - $53.2 -
1966 $353 - - -
1965 $336 - - -
1964 $313 - - -
1963 $288.8 - - -
1962 $327 - - -
1961 $319 - - -
1960 $299.1 - - -

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

GeoRank.org/economy/guyana/indonesia | CC BY

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $4,925 in Indonesia, ranking 121/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Indonesia ranks 107th at $16,448.

Economic indicators

Guyana Indonesia
Gross domestic product
$24.7B
2024
$1.4T
2024
GDP rank
120/197
2024
16/197
2024
GDP growth
43.8%
2023-2024
5.03%
2023-2024
GDP per capita
$29,675
2024
$4,925
2024
GDP per capita rank
41/197
2024
121/197
2024
GDP per capita, PPP
$80,155
2024
$16,448
2024
GDP per capita PPP rank
15/197
2024
107/197
2024
Government debt
$5.99B
2024
$561B
2024
Debt-to-GDP ratio
24.3%
2024
40.2%
2024
Government debt per person
$7,213
2024
$1,978
2024
Government debt per person rank
66/185
2024
120/185
2024
Average annual personal income after taxes
$13,212
2026
$3,371
2026
Market capitalization of domestic companies n/a
$758B
2023
Number of millionaires n/a
178,605
2025
Number of billionaires n/a
33
2025
Income share by richest 10%
34.4%
1998
28.8%
2024
Income share by poorest 10%
1.1%
1998
3.5%
2024
Government expenditure, % of GDP
23.2%
2024
16.8%
2024
Consumer prices inflation
2.5%
2023-2024
2.18%
2023-2024
Central bank interest rate n/a
4.75%
2025
Unemployment rate
13.2%
2019
3.31%
2023
Population
842249
288551776

Spending and national debt comparison by year

Guyana
Spending

Debt
Indonesia
Spending

Debt
1x
Year % of GDP
Guyana Indonesia
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% 16.8% 40.2%
2023 23.7% 26.7% 16.6% 39.6%
2022 20.3% 24.8% 17.3% 40.1%
2021 24.8% 45.7% 18.1% 41.1%
2020 30.5% 59.5% 18.4% 39.7%
2019 28.1% 54% 16.4% 30.6%
2018 27.6% 47.9% 16.6% 30.4%
2017 26.3% 46.1% 16.4% 29.4%
2016 25.2% 44% 16.9% 28%
2015 21.7% 42.2% 17.6% 27%
2014 23.1% 38.7% 18.4% 24.6%
2013 21.4% 41.4% 18.8% 24.9%
2012 21.8% 44.7% 18.8% 23%
2011 23.5% 51.7% 17.7% 23.1%
2010 23.9% 53.1% 16.9% 26.4%
2009 25.4% 52.3% 17% 26.5%
2008 24.1% 48.2% 19.4% 30.3%
2007 25.5% 47.7% 18.7% 38.1%
2006 29% 74.5% 18.4% 35.8%
2005 28.4% 90.7% 17.4% 42.6%
2004 23.7% 91.8% 17.8% 51.3%
2003 23.5% 95.6% 18.2% 55.6%
2002 23.1% 105.1% 16.9% 62.3%
2001 24% 104.6% 19.5% 73.7%
2000 22.9% 97.2% 15.3% 87.4%
1999 17.6% 97.1% 15.1% 95.9%
1998 19.7% 108% 15.1% 72.5%
1997 20.9% 101.3% 15.2% 26.4%
1996 - - 11.5% 27.5%
1995 - - 11.9% 32%
1994 - - 13.5% 37%
1993 - - 14.1% 40.4%
1992 - - 16.8% 42.6%
1991 - - 15% 39.2%
1990 - - 15.8% 40.8%
1989 - - 16.5% 42.5%
1988 - - 17.3% 45.6%
1987 - - 18% 49.7%
1986 - - 20.9% 38.3%
1985 - - 18.5% 28%
1984 - - 16.1% 23.5%
1983 - - 18.2% 23.1%
1982 - - 18.8% 18.6%
1981 - - 24.4% 16.4%
1980 - - 22.1% 17.3%
1979 - - 20.9% 22%
1978 - - 20.1% 30.3%
1977 - - 19.5% 27.7%
1976 - - 21.8% 38.1%
1975 - - 20.5% 36.7%
1974 - - 17.3% 34.4%
1973 - - 16.3% 43.1%
1972 - - 15.7% 51.2%
1971 - - 14.5% 50.5%
1970 - - 13.8% 46.7%
1969 - - 12.8% -
1968 - - 8.82% -
1967 - - 10.4% -
1966 - - 9.18% -
1965 - - 10.7% -
1964 - - 9.55% -
1963 - - 10.3% -
1962 - - 7.89% -
1961 - - 15.1% -
1960 - - 14.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1993–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/guyana/indonesia | CC BY

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Indonesia spent $235B, or 16.8% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 40.2% in Indonesia, ranking 168/185 and 132/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Indonesia
1x
Year Deficit/surplus, % of GDP
Guyana Indonesia
2024 -7.31% -2.3%
2023 -5.78% -1.64%
2022 -5.11% -2.31%
2021 -6.94% -4.4%
2020 -7.78% -6.07%
2019 -2.52% -2.09%
2018 -2.52% -1.69%
2017 -3.14% -2.26%
2016 -3.21% -2.56%
2015 -0.75% -2.72%
2014 -3.88% -1.8%
2013 -2.16% -1.96%
2012 -3.11% -1.59%
2011 -2.13% -0.7%
2010 -1.88% -1.24%
2009 -2.5% -1.64%
2008 -2.78% 0.05%
2007 -3.35% -0.95%
2006 -6.16% 0.45%
2005 -6.54% 0.46%
2004 -2.88% -0.26%
2003 -4.81% -1.08%
2002 -2.42% -0.58%
2001 -3.71% -1.76%
2000 -2.27% -1.87%
1999 -0.47% -0.96%
1998 -2.67% -1.89%
1997 -1.7% -1.03%
1996 - 0.96%
1995 - 0.64%
1994 - 0.005%
1993 - -0.59%
1992 - -2.95%
1991 - -0.87%
1990 - -0.55%
1989 - -1.72%
1988 - -2.68%
1987 - -0.9%
1986 - -2.94%
1985 - -0.45%
1984 - 1.83%
1983 - -1%
1982 - -1.11%
1981 - -0.69%
1980 - -0.82%
1979 - -0.67%
1978 - -2.03%
1977 - -0.38%
1976 - -2.63%
1975 - -2.33%
1974 - -0.35%
1973 - -1.33%
1972 - -1.82%
1971 - -2.51%
1970 - -3.02%
1969 - -2.8%
1968 - 0%
1967 - -0.35%
1966 - -5.06%
1965 - -6.62%
1964 - -5.58%
1963 - -5.24%
1962 - -3.1%
1961 - -4.57%
1960 - -1.65%
1959 - -4.06%
1958 - -6.67%
1957 - -2.92%
1956 - -1.38%
1955 - -1.6%
1954 - -3.16%
1953 - -2.33%
1952 - -3.66%
1951 - 1.52%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1951–1992, retrieved 2026-02-20).

GeoRank.org/economy/guyana/indonesia | CC BY

In 2024, Guyana's government deficit, the difference between spending and revenue, was $1.8B, equivalent to 7.31% of GDP. This compares to Indonesia's deficit of $32.1B, or 2.3% of GDP.

Over the past 28 years, Guyana recorded a fiscal deficit in 28 of those years, while Indonesia ran a deficit in 25 years. On average, Guyana posted an annual deficit equal to 3.59% of GDP, compared to deficit of 1.66% of GDP for Indonesia.

Inflation comparison by year

Inflation
Guyana

Indonesia
1x
Year Consumer prices inflation
Guyana Indonesia
2024 2.5% 2.18%
2023 4.5% 3.67%
2022 6.5% 4.21%
2021 3.3% 1.56%
2020 1.2% 1.92%
2019 2.1% 3.03%
2018 1.3% 3.2%
2017 1.9% 3.81%
2016 0.8% 3.53%
2015 -0.9% 6.36%
2014 0.7% 6.39%
2013 1.9% 6.41%
2012 2.4% 4.28%
2011 4.4% 5.36%
2010 4.3% 5.13%
2009 3% 4.39%
2008 8.1% 10.2%
2007 12.2% 6.41%
2006 6.7% 13.1%
2005 6.9% 10.5%
2004 4.7% 6.06%
2003 6% 6.76%
2002 5.4% 11.9%
2001 2.6% 11.5%
2000 6.1% 3.69%
1999 7.5% 20.5%
1998 4.6% 58.5%
1997 3.6% 6.23%

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/guyana/indonesia | CC BY

Over the past 28 years, Guyana has recorded an average annual inflation rate of 4.08%, compared with 8.24% in Indonesia. In 2024, inflation was 2.5% in Guyana and 2.18% in Indonesia.

Top exports between countries

Guyana
Export category Export value
Machinery & equipment $759K
Textiles & consumer goods $89K
Raw materials & minerals $55K
Chemicals & pharma $18K
Metals $7K
Raw agricultural goods $4K
Animal & marine products $3K
Miscellaneous $2K
Indonesia
Export category Export value
Processed food, beverages & tobacco $1.61M
Machinery & equipment $928K
Chemicals & pharma $529K
Textiles & consumer goods $512K
Raw agricultural goods $380K
Wood & paper products $370K
Animal & marine products $33K
Raw materials & minerals $20K
Metals $17K

Balance of trade

Guyana Indonesia
Current account balance
$2.35B
2023
-$8.72B
2024
Current account balance ranking
43/190
2023
174/190
2024
Current account balance, % of GDP
+13.9%
2023
-0.62%
2024
Goods imports
$6B
2023
$223B
2024
Goods exports
$13.2B
2023
$263B
2024
Service imports
$4.95B
2023
$57.6B
2024
Service exports
$529M
2023
$39B
2024
Imports of goods and services, % of GDP
109.7%
2005
20.4%
2024
Exports of goods and services, % of GDP
84.6%
2005
22.2%
2024

Economic freedom indices

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

Guyana Indonesia
Economic freedom 58.7 65.1
Economic freedom ranking 109/197 67/197
Property rights 46.7 39.7
Government integrity 38.8 42
Judicial effectiveness 48.6 43.1
Tax burden 76.4 81.5
Government spending 85 91.4
Fiscal health 39.9 89.8
Business freedom 70.9 69.2
Labor freedom 76 56.8
Monetary freedom 78.5 79.4
Trade freedom 59.2 78.6
Investment freedom 55 50
Financial freedom 30 60

Economic freedom comparison by year

Guyana
Indonesia
1x
Year Economic freedom index
Guyana Indonesia
2026 58.7 65.1
2025 58.2 65.2
2024 57.3 63.5
2023 56.9 63.5
2022 59.5 64.4
2021 57.4 66.9
2020 56.2 67.2
2019 56.8 65.8
2018 58.7 64.2
2017 58.5 61.9
2016 55.4 59.4
2015 55.5 58.1
2014 55.7 58.5
2013 53.8 56.9
2012 51.3 56.4
2011 49.4 56
2010 48.4 55.5
2009 48.4 53.4
2008 48.8 53.2
2007 53.7 53.2
2006 56.6 51.9
2005 56.5 52.9
2004 53 52.1
2003 50.3 55.8
2002 54.3 54.8
2001 53.3 52.5
2000 52.4 55.2
1999 53.3 61.5
1998 52.7 63.4
1997 53.2 62
1996 50.1 61
1995 45.7 54.9

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

GeoRank.org/economy/guyana/indonesia | CC BY

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 65.1 for Indonesia, ranking 67/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Indonesia
Services, % of GDP
14.5%
2024
43.8%
2024
Industry, % of GDP
76%
2024
39.3%
2024
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
12.6%
2024
GNI, Atlas method
$16.7B
2024
$1.39T
2024
GNI per capita, PPP
$52,290
2024
$16,010
2024
Total reserves including gold
$1.01B
2024
$156B
2024
Total reserves ranking
141/177
2024
20/177
2024
Net foreign direct investment
$1.14B
2023
-$15.9B
2024
Net inflows of foreign direct investment
$8.63B
2024
$24.2B
2024
Net outflows of foreign direct investment
$5.7M
2024
$8.39B
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
5.65%
2024
Poverty at national poverty lines
35%
2020
9%
2024
Gross capital formation, % of GDP
32.3%
2005
31.4%
2024

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/guyana/indonesia | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. International Monetary Fund (IMF) | Public Finances in Modern History (1951–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.