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Economy of Guyana vs Luxembourg compared: GDP & Debt

Updated on by Georank

Guyana has a GDP of $27.1B compared to $101B for Luxembourg, ranking 120/197 and 75/197 by economy size, respectively.

Guyana has $7.74B in government debt (28.6% of GDP), compared to $27.3B (27% of GDP) in Luxembourg.

Guyana vs Luxembourg GDP by year

Guyana
Luxembourg
1x
Year GDP, current $
Guyana Luxembourg
2025 $27,097,477,218 $101,157,829,491
2024 $24,662,714,628 $93,279,851,863
2023 $16,918,503,597 $88,788,881,539
2022 $14,718,388,489 $80,801,680,397
2021 $8,041,362,110 $86,386,759,695
2020 $5,471,256,595 $73,670,782,100
2019 $5,173,760,192 $69,872,035,114
2018 $4,787,636,998 $71,085,623,495
2017 $4,748,174,334 $65,712,180,343
2016 $4,482,697,337 $62,216,885,436
2015 $4,279,840,194 $60,071,584,216
2014 $4,127,660,152 $68,804,814,555
2013 $4,167,800,929 $65,203,276,467
2012 $4,063,088,536 $59,776,383,527
2011 $3,691,384,318 $61,696,281,326
2010 $3,432,912,517 $56,213,985,987
2009 $3,165,663,153 $54,467,289,898
2008 $3,025,187,433 $58,844,277,702
2007 $2,730,971,595 $51,587,401,416
2006 $2,379,817,991 $42,910,153,830
2005 $824,880,550 $37,672,311,223
2004 $787,814,379 $35,064,843,793
2003 $743,063,950 $29,667,268,248
2002 $726,131,435 $23,649,832,387
2001 $712,167,450 $21,387,550,720
2000 $712,667,897 $21,230,200,538
1999 $694,754,988 $21,899,317,599
1998 $717,530,683 $20,150,055,568
1997 $749,138,010 $19,563,836,265
1996 $705,406,001 $20,895,314,658
1995 $621,626,786 $20,853,093,870
1994 $545,278,380 $17,701,798,891
1993 $454,101,382 $15,925,521,222
1992 $373,573,141 $15,518,702,635
1991 $348,533,095 $13,834,219,728
1990 $396,582,263 $12,778,792,854
1989 $379,779,390 $10,037,674,038
1988 $413,799,990 $9,418,167,855
1987 $354,591,847 $8,320,902,215
1986 $504,651,140 $6,685,595,088
1985 $453,488,372 $4,577,211,767
1984 $437,631,605 $4,438,435,493
1983 $489,333,333 $4,524,217,751
1982 $482,000,000 $4,602,316,793
1981 $570,357,107 $5,053,665,797
1980 $603,200,000 $6,019,805,490
1979 $530,440,000 $5,516,982,664
1978 $507,080,000 $4,718,539,772
1977 $449,880,000 $3,789,321,328
1976 $454,440,000 $3,423,586,207
1975 $494,791,667 $3,123,333,333
1974 $433,954,545 $3,183,637,117
1973 $307,047,619 $2,609,875,802
1972 $285,380,952 $1,901,697,370
1971 $282,050,000 $1,518,773,421
1970 $267,800,000 $1,457,768,455
1969 $249,300,000 $1,245,432,991
1968 $229,750,000 $1,075,561,623
1967 $250,176,471 $983,052,315
1966 $228,705,882 $976,717,015
1965 $213,235,294 $929,477,285
1964 $194,774,513 $910,877,686
1963 $175,757,894 $797,902,154
1962 $194,949,513 $747,846,862
1961 $185,849,535 $710,163,719
1960 $170,216,241 $709,941,874

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

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

GDP per capita in Guyana vs Luxembourg by year

Guyana
GDP per capita

GDP per capita, PPP
Luxembourg
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Luxembourg
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,414 - $147,252 -
2024 $29,675 $80,155 $137,782 $155,941
2023 $20,474 $54,729 $133,231 $150,508
2022 $17,913 $39,711 $123,720 $146,919
2021 $9,861 $22,866 $134,966 $136,772
2020 $6,776 $16,819 $116,860 $122,067
2019 $6,406 $13,241 $112,697 $121,372
2018 $6,048 $12,443 $116,927 $116,638
2017 $6,179 $12,243 $110,193 $114,986
2016 $5,871 $11,516 $106,899 $113,365
2015 $5,640 $11,408 $105,462 $107,860
2014 $5,473 $11,145 $123,679 $105,296
2013 $5,557 $11,200 $120,000 $100,925
2012 $5,444 $10,627 $112,585 $96,636
2011 $4,947 $10,066 $119,025 $94,475
2010 $4,582 $9,337 $110,886 $90,336
2009 $4,209 $8,824 $109,420 $86,919
2008 $4,009 $8,437 $120,422 $90,971
2007 $3,608 $8,110 $107,475 $85,126
2006 $3,136 $7,346 $90,789 $78,861
2005 $1,084 $6,761 $80,988 $68,788
2004 $1,033 $6,673 $76,545 $64,686
2003 $974 $6,392 $65,689 $60,192
2002 $951 $6,304 $53,006 $58,576
2001 $932 $6,131 $48,440 $56,136
2000 $932 $5,860 $48,660 $55,136
1999 $909 $5,812 $50,872 $49,845
1998 $940 $5,573 $47,445 $44,270
1997 $983 $5,615 $46,642 $42,488
1996 $928 $5,210 $50,444 $39,722
1995 $820 $4,753 $51,032 $38,345
1994 $721 $4,447 $43,933 $37,551
1993 $603 $4,027 $40,067 $35,899
1992 $498 $3,651 $39,571 $34,108
1991 $466 $3,322 $35,747 $33,191
1990 $529 $3,022 $33,465 $29,949
1989 $503 - $26,618 -
1988 $545 - $25,219 -
1987 $464 - $22,443 -
1986 $657 - $18,150 -
1985 $588 - $12,482 -
1984 $565 - $12,127 -
1983 $631 - $12,374 -
1982 $621 - $12,591 -
1981 $735 - $13,837 -
1980 $779 - $16,531 -
1979 $689 - $15,204 -
1978 $663 - $13,034 -
1977 $593 - $10,486 -
1976 $604 - $9,491 -
1975 $664 - $8,701 -
1974 $588 - $8,967 -
1973 $421 - $7,447 -
1972 $395 - $5,487 -
1971 $396 - $4,435 -
1970 $381 - $4,298 -
1969 $361 - $3,690 -
1968 $340 - $3,203 -
1967 $378 - $2,935 -
1966 $353 - $2,925 -
1965 $336 - $2,804 -
1964 $313 - $2,779 -
1963 $288.8 - $2,462 -
1962 $327 - $2,332 -
1961 $319 - $2,241 -
1960 $299.1 - $2,261 -

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

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

Guyana's GDP per capita is $32,414, ranking 40/197, compared to $147,252 in Luxembourg, ranking 3/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Luxembourg ranks 1st at $155,941.

Economic indicators

Guyana Luxembourg
Gross domestic product
$27.1B
2025
$101B
2025
GDP rank
120/197
2025
75/197
2025
GDP growth
19.3%
2024-2025
0.64%
2024-2025
GDP per capita
$32,414
2025
$147,252
2025
GDP per capita rank
40/197
2025
3/197
2025
GDP per capita, PPP
$80,155
2024
$155,941
2024
GDP per capita PPP rank
15/197
2024
1/197
2024
Government debt
$7.74B
2025
$27.3B
2025
Debt-to-GDP ratio
28.6%
2025
27%
2025
Government debt per person
$9,255
2025
$39,717
2025
Government debt per person rank
63/185
2025
18/185
2025
Average annual personal income after taxes
$13,307
2026
$71,808
2026
Market capitalization of domestic companies n/a
$69.4B
2025
Number of millionaires n/a
85,000
2026
Number of billionaires n/a
1
2026
Income share by richest 10%
34.4%
1998
25%
2023
Income share by poorest 10%
1.1%
1998
2.8%
2023
Government expenditure, % of GDP
23.9%
2025
48.3%
2025
Consumer prices inflation
3.3%
2024-2025
2.26%
2024-2025
Unemployment rate
14.7%
2021
6.5%
2025
Population
843423
697802

Spending and national debt comparison by year

Guyana
Spending

Debt
Luxembourg
Spending

Debt
1x
Year % of GDP
Guyana Luxembourg
Government spending Government debt Government spending Government debt
2025 23.9% 28.6% 48.3% 27%
2024 23.3% 24.3% 46.8% 26.3%
2023 23.7% 26.7% 46.4% 24.7%
2022 20.4% 24.8% 44.3% 24.9%
2021 24.8% 38.9% 42.4% 24.2%
2020 30.5% 47.4% 47% 24.5%
2019 28.1% 34.2% 43.1% 22.3%
2018 27.6% 37.4% 42.3% 20.9%
2017 26.3% 35.2% 41.3% 21.8%
2016 25.2% 35.7% 40% 19.6%
2015 21.7% 42.2% 40.4% 21.1%
2014 23.1% 38.7% 40.6% 21.9%
2013 21.4% 41.4% 41.2% 22.4%
2012 21.8% 44.7% 41.8% 20.8%
2011 23.5% 51.7% 41.5% 18.5%
2010 23.9% 53.1% 42% 19.1%
2009 25.4% 52.3% 42.7% 15.3%
2008 24.1% 48.2% 37.9% 14.6%
2007 25.5% 47.7% 37.4% 8.09%
2006 29% 74.5% 39.4% 8.21%
2005 28.4% 90.7% 43.4% 7.95%
2004 23.7% 91.8% 43.7% 7.83%
2003 23.5% 95.6% 43.3% 7.43%
2002 23.1% 105.1% 41.8% 7.45%
2001 24% 104.6% 38.1% 7.62%
2000 22.9% 97.2% 38% 7.49%
1999 17.6% 97.1% 41.7% 8.39%
1998 19.7% 108% 43.9% 9.51%
1997 20.9% 101.3% 44.2% 10.1%
1996 - - 42.5% 10.2%
1995 - - 42% 10.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Guyana's government spending was $6.48B, accounting for 23.9% of its GDP, while Luxembourg spent $48.8B, or 48.3% of GDP.

Debt-to-GDP ratio is 28.6% in Guyana and 27% in Luxembourg, ranking 160/185 and 165/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Luxembourg
1x
Year Deficit/surplus, % of GDP
Guyana Luxembourg
2025 -5.37% -0.96%
2024 -7.27% 0.89%
2023 -5.62% -0.65%
2022 -5.1% 0.21%
2021 -6.94% 1.11%
2020 -7.78% -3.09%
2019 -2.52% 2.68%
2018 -2.52% 3.17%
2017 -3.14% 1.37%
2016 -3.21% 1.89%
2015 -0.75% 1.3%
2014 -3.88% 1.33%
2013 -2.16% 0.84%
2012 -3.11% 0.5%
2011 -2.13% 0.65%
2010 -1.88% -0.26%
2009 -2.5% -0.21%
2008 -2.78% 3.37%
2007 -3.35% 4.35%
2006 -6.16% 1.9%
2005 -6.54% -0.21%
2004 -2.88% -1.39%
2003 -4.81% 0.28%
2002 -2.42% 2.03%
2001 -3.71% 5.62%
2000 -2.27% 5.55%
1999 -0.47% 3.24%
1998 -2.67% 2.98%
1997 -1.7% 2.65%
1996 - 2.37%
1995 - 2.71%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Guyana's government deficit, the difference between spending and revenue, was $1.46B, equivalent to 5.37% of GDP. This compares to Luxembourg's deficit of $976M, or 0.96% of GDP.

Over the past 29 years, Guyana recorded a fiscal deficit in 29 of those years, while Luxembourg ran a deficit in 7 years. On average, Guyana posted an annual deficit equal to 3.64% of GDP, compared to surplus of 1.42% of GDP for Luxembourg.

Inflation comparison by year

Inflation
Guyana

Luxembourg
1x
Year Consumer prices inflation
Guyana Luxembourg
2025 3.3% 2.26%
2024 2.9% 2.05%
2023 2.8% 3.74%
2022 6.9% 6.34%
2021 4.5% 2.53%
2020 0.7% 0.82%
2019 2.1% 1.74%
2018 1.3% 1.53%
2017 1.9% 1.73%
2016 0.8% 0.29%
2015 -0.9% 0.47%
2014 0.7% 0.63%
2013 1.9% 1.73%
2012 2.4% 2.66%
2011 4.4% 3.41%
2010 4.3% 2.27%
2009 3% 0.37%
2008 8.1% 3.4%
2007 12.2% 2.31%
2006 6.7% 2.67%
2005 6.9% 2.49%
2004 4.7% 2.23%
2003 6% 2.05%
2002 5.4% 2.07%
2001 2.6% 2.66%
2000 6.1% 3.15%
1999 7.5% 1.03%
1998 4.6% 0.96%
1997 3.6% 1.37%

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/guyana/luxembourg | CC BY

Over the past 29 years, Guyana has recorded an average annual inflation rate of 4.05%, compared with 2.1% in Luxembourg. In 2025, inflation was 3.3% in Guyana and 2.26% in Luxembourg.

Top exports between countries

Guyana
Export category Export value
Machinery & equipment $1.9M
Metals $28K
Luxembourg
Export category Export value
Metals $929K
Machinery & equipment $127K
Raw materials & minerals $43K
Textiles & consumer goods $33K
Chemicals & pharma $15K
Processed food, beverages & tobacco $12K
Wood & paper products $7K

Balance of trade

Guyana Luxembourg
Current account balance
$2.35B
2023
$5.29B
2025
Current account balance ranking
42/190
2023
31/190
2025
Current account balance, % of GDP
+13.9%
2023
+5.23%
2025
Goods imports
$6B
2023
$30.9B
2025
Goods exports
$13.2B
2023
$33B
2025
Service imports
$4.95B
2023
$133B
2025
Service exports
$529M
2023
$167B
2025
Imports of goods and services, % of GDP
109.7%
2005
159.4%
2025
Exports of goods and services, % of GDP
84.6%
2005
190.5%
2025

Economic freedom indices

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

Guyana Luxembourg
Economic freedom 58.7 79.7
Economic freedom ranking 109/197 7/197
Property rights 46.7 96.6
Government integrity 38.8 88.7
Judicial effectiveness 48.6 99.1
Tax burden 76.4 62.3
Government spending 85 36.9
Fiscal health 39.9 98.6
Business freedom 70.9 89.5
Labor freedom 76 56.7
Monetary freedom 78.5 74.1
Trade freedom 59.2 79.4
Investment freedom 55 95
Financial freedom 30 80

Economic freedom comparison by year

Guyana
Luxembourg
1x
Year Economic freedom index
Guyana Luxembourg
2026 58.7 79.7
2025 58.2 79.5
2024 57.3 79.2
2023 56.9 78.4
2022 59.5 80.6
2021 57.4 76
2020 56.2 75.8
2019 56.8 75.9
2018 58.7 76.4
2017 58.5 75.9
2016 55.4 73.9
2015 55.5 73.2
2014 55.7 74.2
2013 53.8 74.2
2012 51.3 74.5
2011 49.4 76.2
2010 48.4 75.4
2009 48.4 75.2
2008 48.8 74.7
2007 53.7 74.6
2006 56.6 75.3
2005 56.5 76.3
2004 53 78.9
2003 50.3 79.9
2002 54.3 79.4
2001 53.3 80.1
2000 52.4 76.4
1999 53.3 72.4
1998 52.7 72.7
1997 53.2 72.8
1996 50.1 72.5
1995 45.7 -

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 79.7 for Luxembourg, ranking 7/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Luxembourg
Services, % of GDP
14.8%
2025
81.4%
2025
Industry, % of GDP
75.1%
2025
8.88%
2025
Agriculture, forestry, and fishing, % of GDP
7.73%
2025
0.23%
2025
GNI, Atlas method
$23.8B
2025
$65.8B
2025
GNI per capita, PPP
$80,300
2025
$106,640
2025
Total reserves including gold
$1.36B
2025
$3.06B
2025
Total reserves ranking
136/177
2025
120/177
2025
Net foreign direct investment
$1.14B
2023
$196B
2025
Net inflows of foreign direct investment
$8.63B
2024
$106B
2024
Net outflows of foreign direct investment
$5.7M
2024
$109B
2024
Servicing debt to the IMF, % of GNI
2.84%
2024
n/a
Poverty at national poverty lines
35%
2020
17.3%
2021
Gross capital formation, % of GDP
32.3%
2005
15.5%
2025

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/guyana/luxembourg | 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 (1995–2025, 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 (2020–2025, 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.