Guyana vs Madagascar: Economic Indicators Comparison

Madagascar with a GDP of $13.9B ranked the 130th largest economy in the world, while Guyana ranked 162nd with $3.9B. By GDP 5-years average growth and GDP per capita, Madagascar and Guyana ranked 55th vs 82nd and 190th vs 108th, respectively.

Gross Domestic Product & Income

StatGuyanaMadagascar
GDP$3.9B$13.9B
GDP growth, 1 year3.4%5.2%
GDP growth, 5-years average3.2%4%
Population778k25.6M
GDP per capita$5k$528
GDP per capita growth3.59%1.81%
Purchasing Power Parity conversion factor119.69929.9
Price level ratio of PPP conversion factor GDP to market exchange rate0.580.28
GDP per capita, PPP adjusted$8.5k$1.6k
GNI, Atlas method$3.7B$13.3B
GNI per capita$4.8k$510
GNI, PPP adjusted$6.6B$48.2B
GNI per capita, PPP adjusted$8.4k$1.8k

Financial system and Human development

StatGuyanaMadagascar
Income Tax Rate33.3%20%
Corporate Tax Rate40%20%
Inflation, consumer prices1.3%7.3%
Inflation, GDP deflator5.4%7.6%
Unemployment12.2%1.7%
Economic Freedom Index56.260.5
Personal Freedom Index6.927.29
Human Freedom Index6.686.69
Property Rights Index53.645.6
Judical Effectiveness Index42.639.6
Business Freedom Index58.947.3
Fiscal Health Index58.690.6
Labor Freedom Index62.144.6
Investment Freedom Index5555
Financial Freedom Index3050
Trade Freedom Index66.873.6
Monetary Freedom Index82.572.7
Government Spending Index64.491.5
Tax Burden Index6690.7
Government Integrity Index34.125
Corruption Perceptions Index3725
Life expectancy at birth, years69.666.3
Suicide mortality rate, per 100,000 people29.23.9
Mortality caused by road traffic injury, per 100,000 people24.628.6
Intentional homicides, per 100,000 people14.87.7
International tourism, number of arrivals287k291k

Government debt & reserves

StatGuyanaMadagascar
Central government debt, % of GDP57%39.7%
External debt stocks, % of GNI44.6%31.8%
External debt stocks$1.6B$3.7B
Short-term debt, % of total reserves24.1%15.6%
Total debt service, % of exports and primary income5%2.7%
Adjusted net savings including particulate emission damage, % of GNI14.1%7.7%
Gross savings, % of GDP35.3%18.6%
Gross capital formation, % of GDP37.5%19.6%
Total reserves including gold$518.5M$1.7B
Foreign direct investment net inflows$1.2B$612M

Exports, imports and economic structure

StatGuyanaMadagascar
Exports of goods and services, % of GDP35.5%28.7%
Imports of goods and services, % of GDP47.1%33.8%
Current account balance (balance of payments)-$1.1B$80.1M
Revenue excluding grants, % of GDPN/A11.4%
Grants excluding technical cooperation, BoP$43.5M$373.7M
Personal remittances received$333.7M$425.5M
Industry including construction value added, % of GDP35.2%23.1%
Agriculture, forestry and fishing value added, % of GDP12.7%23.8%
Charges for the use of intellectual property, payments BoP$5.3M$17.1M
Charges for the use of intellectual property, receipts BoP$169k$4.5M
Expense, % of GDPN/A9.8%
Government Expenditure, % of GDP34.5%16.8%

Compare with countries close by GDP per capita

Guyana vs

CountryGDP
per capita
Population
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k

Madagascar vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M