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Economy of Guyana vs Lebanon compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $20.1B for Lebanon, ranking 120/197 and 128/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $38.7B (163.8% of GDP) in Lebanon.

Guyana vs Lebanon GDP by year

Guyana
Lebanon
1x
Year GDP, current $
Guyana Lebanon
2024 $24,662,709,832 -
2023 $16,918,503,597 $20,078,620,357
2022 $14,718,388,489 $20,992,421,949
2021 $8,041,362,110 $23,131,941,557
2020 $5,471,256,595 $31,712,128,254
2019 $5,173,760,192 $51,605,959,131
2018 $4,787,636,998 $54,901,519,156
2017 $4,748,174,334 $53,027,680,686
2016 $4,482,697,337 $51,147,308,774
2015 $4,279,840,194 $49,929,337,837
2014 $4,127,660,152 $48,095,213,747
2013 $4,167,800,929 $46,880,103,081
2012 $4,063,088,536 $44,016,799,516
2011 $3,691,384,318 $39,927,125,962
2010 $3,432,912,517 $38,443,907,042
2009 $3,165,663,153 $35,399,582,929
2008 $3,025,187,433 $29,118,916,105
2007 $2,730,971,595 $24,827,355,015
2006 $2,379,817,991 $22,022,709,851
2005 $824,880,550 $21,497,336,499
2004 $787,814,379 $21,159,827,992
2003 $743,063,950 $20,082,918,740
2002 $726,131,435 $19,152,238,806
2001 $712,167,450 $17,649,751,244
2000 $712,667,897 $17,260,364,842
1999 $694,754,988 $17,391,056,369
1998 $717,530,683 $17,247,179,006
1997 $749,138,010 $15,751,867,489
1996 $705,406,001 $13,690,217,334
1995 $621,626,786 $11,718,795,529
1994 $540,874,934 $9,599,127,050
1993 $454,101,382 $7,941,744,492
1992 $373,573,141 $5,843,579,161
1991 $348,533,095 $4,690,415,093
1990 $396,582,263 $2,838,485,354
1989 $379,779,390 $2,717,998,688
1988 $413,799,990 $3,313,540,068
1987 $354,591,847 -
1986 $504,651,140 -
1985 $453,488,372 -
1984 $437,631,605 -
1983 $489,333,333 -
1982 $482,000,000 -
1981 $570,357,107 -
1980 $603,200,000 -
1979 $530,440,000 -
1978 $507,080,000 -
1977 $449,880,000 -
1976 $454,440,000 -
1975 $494,791,667 -
1974 $433,954,545 -
1973 $307,047,619 -
1972 $285,380,952 -
1971 $282,050,000 -
1970 $267,800,000 -
1969 $249,300,000 -
1968 $229,750,000 -
1967 $250,176,471 -
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/lebanon | CC BY

GDP per capita in Guyana vs Lebanon by year

Guyana
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 - -
2023 $20,474 $54,729 $3,478 $12,575
2022 $17,913 $39,711 $3,654 $12,293
2021 $9,861 $22,866 $4,045 $11,600
2020 $6,776 $16,819 $5,561 $16,260
2019 $6,406 $13,241 $8,906 $21,710
2018 $6,048 $12,443 $9,175 $21,985
2017 $6,179 $12,243 $8,608 $20,964
2016 $5,871 $11,516 $8,089 $18,941
2015 $5,640 $11,408 $7,714 $17,046
2014 $5,473 $11,145 $7,578 $16,140
2013 $5,557 $11,200 $8,162 $16,316
2012 $5,444 $10,627 $8,407 $16,121
2011 $4,947 $10,066 $7,835 $14,975
2010 $4,582 $9,337 $7,626 $14,704
2009 $4,209 $8,824 $7,091 $13,586
2008 $4,009 $8,437 $5,912 $12,416
2007 $3,608 $8,110 $5,125 $11,356
2006 $3,136 $7,346 $4,635 $10,312
2005 $1,084 $6,761 $4,602 $10,020
2004 $1,033 $6,673 $4,601 $9,609
2003 $974 $6,392 $4,438 $8,914
2002 $951 $6,304 $4,291 $8,586
2001 $932 $6,131 $4,010 $8,289
2000 $932 $5,860 $3,987 $7,938
1999 $909 $5,812 $4,087 $7,793
1998 $940 $5,573 $4,125 $7,861
1997 $983 $5,615 $3,834 $7,632
1996 $928 $5,210 $3,393 $7,560
1995 $820 $4,753 $2,959 $6,796
1994 $716 $4,447 $2,468 $6,367
1993 $603 $4,027 $2,079 $5,871
1992 $498 $3,651 $1,559 $5,279
1991 $466 $3,322 $1,278 $4,527
1990 $529 $3,022 $790 $2,990
1989 $503 - $771 -
1988 $545 - $959 -
1987 $464 - - -
1986 $657 - - -
1985 $588 - - -
1984 $565 - - -
1983 $631 - - -
1982 $621 - - -
1981 $735 - - -
1980 $779 - - -
1979 $689 - - -
1978 $663 - - -
1977 $593 - - -
1976 $604 - - -
1975 $664 - - -
1974 $588 - - -
1973 $421 - - -
1972 $395 - - -
1971 $396 - - -
1970 $381 - - -
1969 $361 - - -
1968 $340 - - -
1967 $378 - - -
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/lebanon | CC BY

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Lebanon ranks 123rd at $12,575.

Economic indicators

Guyana Lebanon
Gross domestic product
$24.7B
2024
$20.1B
2023
GDP rank
120/197
2024
128/197
2023
GDP growth
43.8%
2023-2024
-0.76%
2022-2023
GDP per capita
$29,675
2024
$3,478
2023
GDP per capita rank
41/197
2024
135/197
2023
GDP per capita, PPP
$80,155
2024
$12,575
2023
GDP per capita PPP rank
15/197
2024
123/197
2023
Government debt
$5.99B
2024
$38.7B
2023
Debt-to-GDP ratio
24.3%
2024
163.8%
2024
Government debt per person
$7,213
2024
$6,704
2023
Government debt per person rank
66/185
2024
70/185
2023
Average annual personal income after taxes
$13,212
2026
$3,560
2026
Market capitalization of domestic companies n/a
$10.6B
2021
Number of billionaires n/a
6
2025
Income share by richest 10%
34.4%
1998
25.1%
2022
Income share by poorest 10%
1.1%
1998
2.8%
2022
Government expenditure, % of GDP
23.2%
2024
16.5%
2024
Consumer prices inflation
2.5%
2023-2024
45.2%
2023-2024
Central bank interest rate n/a
20%
2023
Unemployment rate
13.2%
2019
11.3%
2019
Population
842249
5906622

Spending and national debt comparison by year

Guyana
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Guyana Lebanon
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% 16.5% 163.8%
2023 23.7% 26.7% 14.9% 192.8%
2022 20.3% 24.8% 13.4% 244.6%
2021 24.8% 45.7% 10.9% 358%
2020 30.5% 59.5% 23.2% 148.7%
2019 28.1% 54% 31.3% 172.1%
2018 27.6% 47.9% 32.3% 155.1%
2017 26.3% 46.1% 30.6% 150%
2016 25.2% 44% 28.3% 146.4%
2015 21.7% 42.2% 26.7% 140.8%
2014 23.1% 38.7% 28.8% 138.4%
2013 21.4% 41.4% 28.9% 135.4%
2012 21.8% 44.7% 30.2% 131.1%
2011 23.5% 51.7% 28.8% 134.4%
2010 23.9% 53.1% 29.2% 136.8%
2009 25.4% 52.3% 32.1% 144.5%
2008 24.1% 48.2% 34.3% 161.5%
2007 25.5% 47.7% 35.2% 169.3%
2006 29% 74.5% 36.1% 183.3%
2005 28.4% 90.7% 31.4% 178.9%
2004 23.7% 91.8% 33.3% 169.5%
2003 23.5% 95.6% 36.4% 171.3%
2002 23.1% 105.1% 36.8% 163.1%
2001 24% 104.6% 38.9% 163.1%
2000 22.9% 97.2% 42.8% 148.1%
1999 17.6% 97.1% 35.6% 130.2%
1998 19.7% 108% 34.7% 108.2%
1997 20.9% 101.3% 40.5% 100.2%
1996 - - 43.6% 101.2%
1995 - - 31.1% 79.6%
1994 - - 47.3% 71.5%
1993 - - 23% 50.5%
1992 - - 36.1% 51.7%
1991 - - 35.6% 67.1%
1990 - - 40% 99.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20).

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

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Lebanon spent $2.99B, or 16.5% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 163.8% in Lebanon, ranking 168/185 and 6/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Lebanon
1x
Year Deficit/surplus, % of GDP
Guyana Lebanon
2024 -7.31% -0.19%
2023 -5.78% -1.7%
2022 -5.11% -7.77%
2021 -6.94% -2.67%
2020 -7.78% -7.37%
2019 -2.52% -10.5%
2018 -2.52% -11.3%
2017 -3.14% -8.65%
2016 -3.21% -8.88%
2015 -0.75% -7.48%
2014 -3.88% -6.22%
2013 -2.16% -8.82%
2012 -3.11% -8.43%
2011 -2.13% -5.94%
2010 -1.88% -7.47%
2009 -2.5% -8.1%
2008 -2.78% -9.86%
2007 -3.35% -10.9%
2006 -6.16% -10.6%
2005 -6.54% -8.57%
2004 -2.88% -9.83%
2003 -4.81% -14%
2002 -2.42% -16.2%
2001 -3.71% -21%
2000 -2.27% -23.9%
1999 -0.47% -16.7%
1998 -2.67% -17.3%
1997 -1.7% -24.5%
1996 - -25.7%
1995 - -13.6%
1994 - -29.1%
1993 - -7.19%
1992 - -24%
1991 - -19.5%
1990 - -30.2%

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

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

In 2023, Guyana's government deficit, the difference between spending and revenue, was $979M, equivalent to 5.78% of GDP. This compares to Lebanon's deficit of $342M, or 1.7% of GDP.

Over the past 27 years, Guyana recorded a fiscal deficit in 27 of those years, while Lebanon ran a deficit in 27 years. On average, Guyana posted an annual deficit equal to 3.45% of GDP, compared to deficit of 10.9% of GDP for Lebanon.

Inflation comparison by year

Inflation
Guyana

Lebanon
1x
Year Consumer prices inflation
Guyana Lebanon
2024 2.5% 45.2%
2023 4.5% 221.3%
2022 6.5% 171.2%
2021 3.3% 154.8%
2020 1.2% 84.9%
2019 2.1% 2.9%
2018 1.3% 6.1%
2017 1.9% 4.5%
2016 0.8% -0.8%
2015 -0.9% -3.8%
2014 0.7% 1.1%
2013 1.9% 5.6%
2012 2.4% 6.6%
2011 4.4% 5%
2010 4.3% 4%
2009 3% 1.2%
2008 8.1% 10.7%
2007 12.2% 4.1%
2006 6.7% 4.1%
2005 6.9% -1.4%
2004 4.7% 1.7%
2003 6% 1.3%
2002 5.4% 1.8%
2001 2.6% -0.4%
2000 6.1% -0.4%
1999 7.5% 0.2%
1998 4.6% 4.5%
1997 3.6% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Guyana has recorded an average annual inflation rate of 4.08%, compared with 26.6% in Lebanon. In 2024, inflation was 2.5% in Guyana and 45.2% in Lebanon.

Top exports between countries

Guyana
Export category Export value
Processed food, beverages & tobacco $64K
Animal & marine products $20K
Raw agricultural goods $16K
Chemicals & pharma $7K
Lebanon
Export category Export value
Textiles & consumer goods $87K
Processed food, beverages & tobacco $73K
Machinery & equipment $20K
Raw agricultural goods $5K
Chemicals & pharma $2K
Raw materials & minerals $1K

Balance of trade

Guyana Lebanon
Current account balance
$2.35B
2023
-$5.64B
2023
Current account balance ranking
43/190
2023
168/190
2023
Current account balance, % of GDP
+13.9%
2023
-28.1%
2023
Goods imports
$6B
2023
$16.7B
2023
Goods exports
$13.2B
2023
$3.85B
2023
Service imports
$4.95B
2023
$6.63B
2023
Service exports
$529M
2023
$7.92B
2023
Imports of goods and services, % of GDP
109.7%
2005
73.7%
2023
Exports of goods and services, % of GDP
84.6%
2005
30.6%
2023

Economic freedom indices

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

Guyana Lebanon
Economic freedom 58.7 43.1
Economic freedom ranking 109/197 183/197
Property rights 46.7 21.8
Government integrity 38.8 23.4
Judicial effectiveness 48.6 23.8
Tax burden 76.4 90.3
Government spending 85 93.3
Fiscal health 39.9 63.4
Business freedom 70.9 47.6
Labor freedom 76 48.4
Monetary freedom 78.5 0
Trade freedom 59.2 65.6
Investment freedom 55 20
Financial freedom 30 20

Economic freedom comparison by year

Guyana
Lebanon
1x
Year Economic freedom index
Guyana Lebanon
2026 58.7 43.1
2025 58.2 44.1
2024 57.3 48.3
2023 56.9 45.6
2022 59.5 47.3
2021 57.4 51.4
2020 56.2 51.7
2019 56.8 51.1
2018 58.7 53.2
2017 58.5 53.3
2016 55.4 59.5
2015 55.5 59.3
2014 55.7 59.4
2013 53.8 59.5
2012 51.3 60.1
2011 49.4 60.1
2010 48.4 59.5
2009 48.4 58.1
2008 48.8 60
2007 53.7 60.4
2006 56.6 57.5
2005 56.5 57.2
2004 53 56.9
2003 50.3 56.7
2002 54.3 57.1
2001 53.3 61
2000 52.4 56.1
1999 53.3 59.1
1998 52.7 59
1997 53.2 63.9
1996 50.1 63.2
1995 45.7 -

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 43.1 for Lebanon, ranking 183/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Lebanon
Services, % of GDP
14.5%
2024
42.4%
2023
Industry, % of GDP
76%
2024
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
0.97%
2023
GNI, Atlas method
$16.7B
2024
$21.4B
2023
GNI per capita, PPP
$52,290
2024
$12,420
2023
Total reserves including gold
$1.01B
2024
$33.3B
2024
Total reserves ranking
141/177
2024
54/177
2024
Net foreign direct investment
$1.14B
2023
-$583M
2023
Net inflows of foreign direct investment
$8.63B
2024
$1.84B
2024
Net outflows of foreign direct investment
$5.7M
2024
$391M
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
22%
2023
Poverty at national poverty lines
35%
2020
27.4%
2012
Gross capital formation, % of GDP
32.3%
2005
1.9%
2023

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/lebanon | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20)
  6. TradeMap (2021–2024, 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.