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Economy of Guyana vs Mali compared: GDP & Debt

Updated on by Georank

Guyana has a GDP of $27.1B compared to $30.1B for Mali, ranking 120/197 and 114/197 by economy size, respectively.

Guyana has $7.74B in government debt (28.6% of GDP), compared to $12.6B (41.9% of GDP) in Mali.

Guyana vs Mali GDP by year

Guyana
Mali
1x
Year GDP, current $
Guyana Mali
2025 $27,097,477,218 $30,069,148,581
2024 $24,662,714,628 $26,761,281,077
2023 $16,918,503,597 $24,777,941,861
2022 $14,718,388,489 $22,539,987,719
2021 $8,041,362,110 $22,999,245,263
2020 $5,471,256,595 $20,698,560,939
2019 $5,173,760,192 $20,477,421,885
2018 $4,787,636,998 $20,368,015,381
2017 $4,748,174,334 $18,308,362,040
2016 $4,482,697,337 $16,743,796,800
2015 $4,279,840,194 $15,583,181,170
2014 $4,127,660,152 $17,081,681,993
2013 $4,167,800,929 $15,747,192,681
2012 $4,063,088,536 $14,795,114,603
2011 $3,691,384,318 $15,452,791,789
2010 $3,432,912,517 $12,710,739,160
2009 $3,165,663,153 $12,155,217,833
2008 $3,025,187,433 $11,462,490,840
2007 $2,730,971,595 $9,699,047,443
2006 $2,379,817,991 $8,212,007,554
2005 $824,880,550 $7,429,066,952
2004 $787,814,379 $6,485,774,930
2003 $743,063,950 $5,605,613,011
2002 $726,131,435 $4,647,238,257
2001 $712,167,450 $4,124,281,594
2000 $712,667,897 $3,521,570,876
1999 $694,754,988 $4,091,446,054
1998 $717,530,683 $3,894,433,432
1997 $749,138,010 $3,414,879,486
1996 $705,406,001 $3,743,103,420
1995 $621,626,786 $3,373,322,735
1994 $545,278,380 $2,655,768,636
1993 $454,101,382 $3,632,801,877
1992 $373,573,141 $3,680,775,037
1991 $348,533,095 $3,576,562,682
1990 $396,582,263 $3,248,417,791
1989 $379,779,390 $2,824,822,489
1988 $413,799,990 $2,712,207,901
1987 $354,591,847 $2,437,004,680
1986 $504,651,140 $2,132,938,007
1985 $453,488,372 $1,594,347,021
1984 $437,631,605 $1,387,809,615
1983 $489,333,333 $1,496,616,127
1982 $482,000,000 $1,680,304,773
1981 $570,357,107 $2,234,583,940
1980 $603,200,000 $2,704,362,789
1979 $530,440,000 $1,595,422,956
1978 $507,080,000 $1,222,702,573
1977 $449,880,000 $1,049,838,548
1976 $454,440,000 $939,228,017
1975 $494,791,667 $830,710,615
1974 $433,954,545 $538,747,340
1973 $307,047,619 $563,683,703
1972 $285,380,952 $486,617,280
1971 $282,050,000 $395,218,629
1970 $267,800,000 $359,772,315
1969 $249,300,000 $339,913,867
1968 $229,750,000 $343,771,973
1967 $250,176,471 $275,494,478
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Guyana vs Mali by year

Guyana
GDP per capita

GDP per capita, PPP
Mali
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Mali
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,414 - $1,193 -
2024 $29,675 $80,155 $1,093 $3,315
2023 $20,474 $54,729 $1,042 $3,175
2022 $17,913 $39,711 $977 $3,014
2021 $9,861 $22,866 $1,027 $2,796
2020 $6,776 $16,819 $953 $2,724
2019 $6,406 $13,241 $972 $2,820
2018 $6,048 $12,443 $996 $2,684
2017 $6,179 $12,243 $924 $2,607
2016 $5,871 $11,516 $872 $2,532
2015 $5,640 $11,408 $838 $2,330
2014 $5,473 $11,145 $948 $2,185
2013 $5,557 $11,200 $902 $2,059
2012 $5,444 $10,627 $873 $1,990
2011 $4,947 $10,066 $938 $2,046
2010 $4,582 $9,337 $797 $2,012
2009 $4,209 $8,824 $787 $1,945
2008 $4,009 $8,437 $767 $1,893
2007 $3,608 $8,110 $671 $1,852
2006 $3,136 $7,346 $587 $1,832
2005 $1,084 $6,761 $549 $1,771
2004 $1,033 $6,673 $495 $1,730
2003 $974 $6,392 $442 $1,715
2002 $951 $6,304 $378 $1,581
2001 $932 $6,131 $346 $1,559
2000 $932 $5,860 $305 $1,357
1999 $909 $5,812 $364 $1,376
1998 $940 $5,573 $357 $1,332
1997 $983 $5,615 $321 $1,267
1996 $928 $5,210 $360 $1,224
1995 $820 $4,753 $331 $1,154
1994 $721 $4,447 $266.5 $1,147
1993 $603 $4,027 $372 $1,087
1992 $498 $3,651 $385 $1,039
1991 $466 $3,322 $382 $1,091
1990 $529 $3,022 $354 $956
1989 $503 - $314 -
1988 $545 - $307 -
1987 $464 - $280.7 -
1986 $657 - $250 -
1985 $588 - $190.4 -
1984 $565 - $169.1 -
1983 $631 - $186.3 -
1982 $621 - $213.8 -
1981 $735 - $290.5 -
1980 $779 - $359 -
1979 $689 - $216.3 -
1978 $663 - $169.1 -
1977 $593 - $148.1 -
1976 $604 - $134.9 -
1975 $664 - $121.5 -
1974 $588 - $80.2 -
1973 $421 - $85.4 -
1972 $395 - $75.1 -
1971 $396 - $62 -
1970 $381 - $57.3 -
1969 $361 - $55 -
1968 $340 - $56.5 -
1967 $378 - $46 -
1966 $353 - - -
1965 $336 - - -
1964 $313 - - -
1963 $288.8 - - -
1962 $327 - - -
1961 $319 - - -
1960 $299.1 - - -

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

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

Guyana's GDP per capita is $32,414, ranking 40/197, compared to $1,193 in Mali, ranking 174/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Mali ranks 174th at $3,315.

Economic indicators

Guyana Mali
Gross domestic product
$27.1B
2025
$30.1B
2025
GDP rank
120/197
2025
114/197
2025
GDP growth
19.3%
2024-2025
5.6%
2024-2025
GDP per capita
$32,414
2025
$1,193
2025
GDP per capita rank
40/197
2025
174/197
2025
GDP per capita, PPP
$80,155
2024
$3,315
2024
GDP per capita PPP rank
15/197
2024
174/197
2024
Government debt
$7.74B
2025
$12.6B
2025
Debt-to-GDP ratio
28.6%
2025
41.9%
2025
Government debt per person
$9,255
2025
$500
2025
Government debt per person rank
63/185
2025
168/185
2025
Average annual personal income after taxes
$13,307
2026
$1,949
2026
Income share by richest 10%
34.4%
1998
28.3%
2021
Income share by poorest 10%
1.1%
1998
3.2%
2021
Government expenditure, % of GDP
23.9%
2025
20.9%
2025
Consumer prices inflation
3.3%
2024-2025
2.3%
2024-2025
Unemployment rate
14.7%
2021
4.5%
2024
Population
843423
26322576

Spending and national debt comparison by year

Guyana
Spending

Debt
Mali
Spending

Debt
1x
Year % of GDP
Guyana Mali
Government spending Government debt Government spending Government debt
2025 23.9% 28.6% 20.9% 41.9%
2024 23.3% 24.3% 21% 44%
2023 23.7% 26.7% 21.2% 44.3%
2022 20.4% 24.8% 20.8% 42.9%
2021 24.8% 38.9% 22.5% 43.2%
2020 30.5% 47.4% 22% 39.8%
2019 28.1% 34.2% 19.5% 34.3%
2018 27.6% 37.4% 17% 31.4%
2017 26.3% 35.2% 19.2% 30.1%
2016 25.2% 35.7% 18.6% 30.1%
2015 21.7% 42.2% 17.6% 25.8%
2014 23.1% 38.7% 16.8% 22.6%
2013 21.4% 41.4% 16.6% 22.2%
2012 21.8% 44.7% 13.1% 21.3%
2011 23.5% 51.7% 17.3% 20.1%
2010 23.9% 53.1% 17.4% 21.8%
2009 25.4% 52.3% 19.6% 18.8%
2008 24.1% 48.2% 16.2% 17.3%
2007 25.5% 47.7% 18.1% 15.6%
2006 29% 74.5% 18.9% 15.4%
2005 28.4% 90.7% 18.3% 39.5%
2004 23.7% 91.8% 18.5% 36.1%
2003 23.5% 95.6% 17.8% 37.7%
2002 23.1% 105.1% 16.8% 36%
2001 24% 104.6% 15.7% 66.3%
2000 22.9% 97.2% 16.5% 77%
1999 17.6% 97.1% - -
1998 19.7% 108% - -
1997 20.9% 101.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

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

In 2025, Guyana's government spending was $6.48B, accounting for 23.9% of its GDP, while Mali spent $6.29B, or 20.9% of GDP.

Debt-to-GDP ratio is 28.6% in Guyana and 41.9% in Mali, ranking 160/185 and 125/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Mali
1x
Year Deficit/surplus, % of GDP
Guyana Mali
2025 -5.37% -1.59%
2024 -7.27% -2.16%
2023 -5.62% -3.05%
2022 -5.1% -4.05%
2021 -6.94% -4.12%
2020 -7.78% -4.56%
2019 -2.52% -1.42%
2018 -2.52% -3.97%
2017 -3.14% -2.4%
2016 -3.21% -3.3%
2015 -0.75% -1.53%
2014 -3.88% -2.43%
2013 -2.16% -1.99%
2012 -3.11% -0.8%
2011 -2.13% -2.87%
2010 -1.88% -2.21%
2009 -2.5% -3.19%
2008 -2.78% -1.69%
2007 -3.35% -2.35%
2006 -6.16% 23.7%
2005 -6.54% -2.34%
2004 -2.88% -2.01%
2003 -4.81% -1.01%
2002 -2.42% -2.61%
2001 -3.71% -2.39%
2000 -2.27% -2.25%
1999 -0.47% -
1998 -2.67% -
1997 -1.7% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/guyana/mali | 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 Mali's deficit of $478M, or 1.59% of GDP.

Over the past 26 years, Guyana recorded a fiscal deficit in 26 of those years, while Mali ran a deficit in 25 years. On average, Guyana posted an annual deficit equal to 3.88% of GDP, compared to deficit of 1.48% of GDP for Mali.

Inflation comparison by year

Inflation
Guyana

Mali
1x
Year Consumer prices inflation
Guyana Mali
2025 3.3% 2.3%
2024 2.9% 3.2%
2023 2.8% 2.1%
2022 6.9% 9.7%
2021 4.5% 3.8%
2020 0.7% 0.5%
2019 2.1% -3%
2018 1.3% 1.9%
2017 1.9% 2.4%
2016 0.8% -1.8%
2015 -0.9% 1.4%
2014 0.7% 0.9%
2013 1.9% -0.6%
2012 2.4% 5.3%
2011 4.4% 3%
2010 4.3% 1.2%
2009 3% 2.4%
2008 8.1% 9.2%
2007 12.2% 1.4%
2006 6.7% 1.6%
2005 6.9% 6.4%
2004 4.7% -3.1%
2003 6% -1.3%
2002 5.4% 5%
2001 2.6% 5.2%
2000 6.1% -0.8%
1999 7.5% -1.2%
1998 4.6% 4.1%
1997 3.6% -0.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Guyana has recorded an average annual inflation rate of 4.05%, compared with 2.09% in Mali. In 2025, inflation was 3.3% in Guyana and 2.3% in Mali.

Balance of trade

Guyana Mali
Current account balance
$2.35B
2023
-$1.16B
2024
Current account balance ranking
42/190
2023
122/190
2024
Current account balance, % of GDP
+13.9%
2023
-4.33%
2024
Goods imports
$6B
2023
$5.49B
2024
Goods exports
$13.2B
2023
$5.48B
2024
Service imports
$4.95B
2023
$1.8B
2024
Service exports
$529M
2023
$516M
2024
Imports of goods and services, % of GDP
109.7%
2005
26.7%
2025
Exports of goods and services, % of GDP
84.6%
2005
22.1%
2025

Economic freedom indices

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

Guyana Mali
Economic freedom 58.7 52.1
Economic freedom ranking 109/197 150/197
Property rights 46.7 13.8
Government integrity 38.8 23.2
Judicial effectiveness 48.6 23.3
Tax burden 76.4 67.9
Government spending 85 81.8
Fiscal health 39.9 73.6
Business freedom 70.9 40.8
Labor freedom 76 54.1
Monetary freedom 78.5 78.2
Trade freedom 59.2 64
Investment freedom 55 65
Financial freedom 30 40

Economic freedom comparison by year

Guyana
Mali
1x
Year Economic freedom index
Guyana Mali
2026 58.7 52.1
2025 58.2 52.6
2024 57.3 52.5
2023 56.9 54.5
2022 59.5 55.9
2021 57.4 55.6
2020 56.2 55.9
2019 56.8 58.1
2018 58.7 57.6
2017 58.5 58.6
2016 55.4 56.5
2015 55.5 56.4
2014 55.7 55.5
2013 53.8 56.4
2012 51.3 55.8
2011 49.4 56.3
2010 48.4 55.6
2009 48.4 55.6
2008 48.8 55.6
2007 53.7 54.7
2006 56.6 54.1
2005 56.5 57.3
2004 53 56.6
2003 50.3 58.6
2002 54.3 61.1
2001 53.3 60.1
2000 52.4 60.3
1999 53.3 58.4
1998 52.7 57.3
1997 53.2 56.4
1996 50.1 57
1995 45.7 52.4

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 52.1 for Mali, ranking 150/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Mali
Services, % of GDP
14.8%
2025
36.6%
2025
Industry, % of GDP
75.1%
2025
23.4%
2025
Agriculture, forestry, and fishing, % of GDP
7.73%
2025
33%
2025
GNI, Atlas method
$23.8B
2025
$28.3B
2025
GNI per capita, PPP
$80,300
2025
$3,400
2025
Total reserves including gold
$1.36B
2025
n/a
Total reserves ranking
136/177
2025
n/a
Net foreign direct investment
$1.14B
2023
-$843M
2024
Net inflows of foreign direct investment
$8.63B
2024
$921M
2024
Net outflows of foreign direct investment
$5.7M
2024
$78.1M
2024
Servicing debt to the IMF, % of GNI
2.84%
2024
1.42%
2024
Poverty at national poverty lines
35%
2020
43.3%
2024
Gross capital formation, % of GDP
32.3%
2005
20%
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/mali | 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 (1997–2025, 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. 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.