Guyana vs Luxembourg: Economic Indicators Comparison
Luxembourg with a GDP of $70.9B ranked the 72nd largest economy in the world, while Guyana ranked 162nd with $3.9B. By GDP 5-years average growth and GDP per capita, Luxembourg and Guyana ranked 88th vs 82nd and 3rd vs 108th, respectively.
Gross Domestic Product & Income
Stat | Guyana | Luxembourg |
---|---|---|
GDP | $3.9B | $70.9B |
GDP growth, 1 year | 3.4% | 3% |
GDP growth, 5-years average | 3.2% | 3% |
Population | 778k | 626k |
GDP per capita | $5k | $117k |
GDP per capita growth | 3.59% | 1.18% |
Purchasing Power Parity conversion factor | 119.69 | 0.87 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.58 | 1.03 |
GDP per capita, PPP adjusted | $8.5k | $107k |
GNI, Atlas method | $3.7B | $43.1B |
GNI per capita | $4.8k | $71k |
GNI, PPP adjusted | $6.6B | $43.9B |
GNI per capita, PPP adjusted | $8.4k | $72k |
Financial system and Human development
Stat | Guyana | Luxembourg |
---|---|---|
Income Tax Rate | 33.3% | 42% |
Corporate Tax Rate | 40% | 18% |
Inflation, consumer prices | 1.3% | 2% |
Inflation, GDP deflator | 5.4% | 2.5% |
Unemployment | 12.2% | 5.5% |
Economic Freedom Index | 56.2 | 75.8 |
Personal Freedom Index | 6.92 | 9.1 |
Human Freedom Index | 6.68 | 8.46 |
Property Rights Index | 53.6 | 86.4 |
Judical Effectiveness Index | 42.6 | 74.4 |
Business Freedom Index | 58.9 | 66.8 |
Fiscal Health Index | 58.6 | 99 |
Labor Freedom Index | 62.1 | 45.3 |
Investment Freedom Index | 55 | 95 |
Financial Freedom Index | 30 | 80 |
Trade Freedom Index | 66.8 | 86.4 |
Monetary Freedom Index | 82.5 | 76.4 |
Government Spending Index | 64.4 | 45.4 |
Tax Burden Index | 66 | 64.1 |
Government Integrity Index | 34.1 | 90.3 |
Corruption Perceptions Index | 37 | 81 |
Life expectancy at birth, years | 69.6 | 82.7 |
Suicide mortality rate, per 100,000 people | 29.2 | 13.5 |
Mortality caused by road traffic injury, per 100,000 people | 24.6 | 6.3 |
Intentional homicides, per 100,000 people | 14.8 | 0.3 |
International tourism, number of arrivals | 287k | 1M |
Government debt & reserves
Stat | Guyana | Luxembourg |
---|---|---|
Central government debt, % of GDP | 57% | 21.8% |
External debt stocks, % of GNI | 44.6% | N/A |
External debt stocks | $1.6B | N/A |
Short-term debt, % of total reserves | 24.1% | N/A |
Total debt service, % of exports and primary income | 5% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 14.1% | 20.9% |
Gross savings, % of GDP | 35.3% | 17.4% |
Gross capital formation, % of GDP | 37.5% | 17.6% |
Total reserves including gold | $518.5M | $938.9M |
Foreign direct investment net inflows | $1.2B | -$5.6B |
Exports, imports and economic structure
Stat | Guyana | Luxembourg |
---|---|---|
Exports of goods and services, % of GDP | 35.5% | 211.6% |
Imports of goods and services, % of GDP | 47.1% | 175.5% |
Current account balance (balance of payments) | -$1.1B | $3.4B |
Revenue excluding grants, % of GDP | N/A | 40.9% |
Grants excluding technical cooperation, BoP | $43.5M | N/A |
Personal remittances received | $333.7M | $2.1B |
Industry including construction value added, % of GDP | 35.2% | 11.8% |
Agriculture, forestry and fishing value added, % of GDP | 12.7% | 0.2% |
Charges for the use of intellectual property, payments BoP | $5.3M | $5B |
Charges for the use of intellectual property, receipts BoP | $169k | $2.4B |
Expense, % of GDP | N/A | 38.7% |
Government Expenditure, % of GDP | 34.5% | 42.7% |