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Economy of Guyana vs Malta compared: GDP & Debt

Updated on by Georank

Guyana has a GDP of $27.1B compared to $27.8B for Malta, ranking 120/197 and 118/197 by economy size, respectively.

Guyana has $7.74B in government debt (28.6% of GDP), compared to $13B (46.8% of GDP) in Malta.

Guyana vs Malta GDP by year

Guyana
Malta
1x
Year GDP, current $
Guyana Malta
2025 $27,097,477,218 $27,771,821,561
2024 $24,662,714,628 $25,042,712,191
2023 $16,918,503,597 $22,625,329,776
2022 $14,718,388,489 $18,938,869,147
2021 $8,041,362,110 $19,730,119,031
2020 $5,471,256,595 $16,404,655,808
2019 $5,173,760,192 $16,337,788,881
2018 $4,787,636,998 $16,153,785,817
2017 $4,748,174,334 $14,161,374,599
2016 $4,482,697,337 $12,025,777,078
2015 $4,279,840,194 $11,340,789,706
2014 $4,127,660,152 $11,888,029,752
2013 $4,167,800,929 $10,796,780,874
2012 $4,063,088,536 $9,609,530,619
2011 $3,691,384,318 $9,789,363,086
2010 $3,432,912,517 $9,097,044,301
2009 $3,165,663,153 $8,769,897,418
2008 $3,025,187,433 $9,172,399,573
2007 $2,730,971,595 $7,908,412,374
2006 $2,379,817,991 $6,749,838,862
2005 $824,880,550 $6,393,234,965
2004 $787,814,379 $6,104,141,501
2003 $743,063,950 $5,418,315,225
2002 $726,131,435 $4,455,127,398
2001 $712,167,450 $4,070,867,153
2000 $712,667,897 $4,036,809,767
1999 $694,754,988 $4,111,857,836
1998 $717,530,683 $4,010,111,652
1997 $749,138,010 $3,787,023,655
1996 $705,406,001 $3,822,547,151
1995 $621,626,786 $3,709,396,089
1994 $545,278,380 $2,998,505,428
1993 $454,101,382 $2,709,193,538
1992 $373,573,141 $3,021,942,759
1991 $348,533,095 $2,750,216,747
1990 $396,582,263 $2,547,328,748
1989 $379,779,390 $2,118,655,677
1988 $413,799,990 $2,019,503,068
1987 $354,591,847 $1,751,293,461
1986 $504,651,140 $1,435,038,441
1985 $453,488,372 $1,117,797,439
1984 $437,631,605 $1,101,807,023
1983 $489,333,333 $1,165,729,707
1982 $482,000,000 $1,234,474,404
1981 $570,357,107 $1,243,509,394
1980 $603,200,000 $1,250,198,601
1979 $530,440,000 $1,001,288,847
1978 $507,080,000 $793,673,402
1977 $449,880,000 $625,563,171
1976 $454,440,000 $527,936,989
1975 $494,791,667 $474,618,321
1974 $433,954,545 $376,081,124
1973 $307,047,619 $345,616,106
1972 $285,380,952 $295,106,628
1971 $282,050,000 $264,578,485
1970 $267,800,000 $250,728,796
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Guyana vs Malta by year

Guyana
GDP per capita

GDP per capita, PPP
Malta
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Malta
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,414 - $47,907 -
2024 $29,675 $80,155 $44,024 $69,864
2023 $20,474 $54,729 $40,933 $67,057
2022 $17,913 $39,711 $35,659 $60,589
2021 $9,861 $22,866 $38,078 $56,852
2020 $6,776 $16,819 $31,823 $49,972
2019 $6,406 $13,241 $32,422 $51,393
2018 $6,048 $12,443 $33,382 $48,178
2017 $6,179 $12,243 $30,317 $45,764
2016 $5,871 $11,516 $26,459 $41,000
2015 $5,640 $11,408 $25,530 $38,369
2014 $5,473 $11,145 $27,425 $35,206
2013 $5,557 $11,200 $25,416 $33,138
2012 $5,444 $10,627 $22,878 $30,716
2011 $4,947 $10,066 $23,517 $29,426
2010 $4,582 $9,337 $21,947 $28,909
2009 $4,209 $8,824 $21,262 $26,782
2008 $4,009 $8,437 $22,406 $26,654
2007 $3,608 $8,110 $19,444 $25,012
2006 $3,136 $7,346 $16,654 $23,219
2005 $1,084 $6,761 $15,831 $22,227
2004 $1,033 $6,673 $15,212 $21,566
2003 $974 $6,392 $13,594 $20,813
2002 $951 $6,304 $11,251 $19,532
2001 $932 $6,131 $10,358 $18,435
2000 $932 $5,860 $10,348 $18,214
1999 $909 $5,812 $10,609 $16,898
1998 $940 $5,573 $10,408 $16,219
1997 $983 $5,615 $9,893 $15,465
1996 $928 $5,210 $10,062 $14,661
1995 $820 $4,753 $9,828 $13,950
1994 $721 $4,447 $8,000 $12,938
1993 $603 $4,027 $7,296 $12,103
1992 $498 $3,651 $8,220 $11,429
1991 $466 $3,322 $7,559 $10,784
1990 $529 $3,022 $7,192 $10,086
1989 $503 - $6,041 -
1988 $545 - $5,814 -
1987 $464 - $5,084 -
1986 $657 - $4,195 -
1985 $588 - $3,322 -
1984 $565 - $3,333 -
1983 $631 - $3,527 -
1982 $621 - $3,788 -
1981 $735 - $3,898 -
1980 $779 - $3,948 -
1979 $689 - $3,196 -
1978 $663 - $2,559 -
1977 $593 - $2,038 -
1976 $604 - $1,727 -
1975 $664 - $1,560 -
1974 $588 - $1,245 -
1973 $421 - $1,144 -
1972 $395 - $976 -
1971 $396 - $874 -
1970 $381 - $828 -
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 (1960–2025, retrieved 2026-07-08).

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

Guyana's GDP per capita is $32,414, ranking 40/197, compared to $47,907 in Malta, ranking 28/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Malta ranks 25th at $69,864.

Economic indicators

Guyana Malta
Gross domestic product
$27.1B
2025
$27.8B
2025
GDP rank
120/197
2025
118/197
2025
GDP growth
19.3%
2024-2025
3.96%
2024-2025
GDP per capita
$32,414
2025
$47,907
2025
GDP per capita rank
40/197
2025
28/197
2025
GDP per capita, PPP
$80,155
2024
$69,864
2024
GDP per capita PPP rank
15/197
2024
25/197
2024
Government debt
$7.74B
2025
$13B
2025
Debt-to-GDP ratio
28.6%
2025
46.8%
2025
Government debt per person
$9,255
2025
$22,407
2025
Government debt per person rank
63/185
2025
30/185
2025
Average annual personal income after taxes
$13,307
2026
$22,914
2026
Market capitalization of domestic companies n/a
$5.35B
2025
Income share by richest 10%
34.4%
1998
24.7%
2023
Income share by poorest 10%
1.1%
1998
2.8%
2023
Government expenditure, % of GDP
23.9%
2025
37%
2025
Consumer prices inflation
3.3%
2024-2025
2.36%
2024-2025
Unemployment rate
14.7%
2021
3.1%
2025
Population
843423
586345

Spending and national debt comparison by year

Guyana
Spending

Debt
Malta
Spending

Debt
1x
Year % of GDP
Guyana Malta
Government spending Government debt Government spending Government debt
2025 23.9% 28.6% 37% 46.8%
2024 23.3% 24.3% 37.4% 46%
2023 23.7% 26.7% 35.8% 46.8%
2022 20.4% 24.8% 38.4% 50.1%
2021 24.8% 38.9% 39.5% 49.6%
2020 30.5% 47.4% 42.1% 48.6%
2019 28.1% 34.2% 34.9% 39.2%
2018 27.6% 37.4% 34.5% 41.4%
2017 26.3% 35.2% 32.7% 45.6%
2016 25.2% 35.7% 35.5% 53.1%
2015 21.7% 42.2% 37.8% 55%
2014 23.1% 38.7% 39.6% 60.7%
2013 21.4% 41.4% 40.1% 64.9%
2012 21.8% 44.7% 41.7% 65.6%
2011 23.5% 51.7% 41.5% 68.9%
2010 23.9% 53.1% 40.1% 65%
2009 25.4% 52.3% 41.1% 66%
2008 24.1% 48.2% 42.1% 61.5%
2007 25.5% 47.7% 41.2% 62%
2006 29% 74.5% 42.5% 64.5%
2005 28.4% 90.7% 42.5% 70.2%
2004 23.7% 91.8% 42% 70.4%
2003 23.5% 95.6% 45.6% 68.6%
2002 23.1% 105.1% 43.6% 65.1%
2001 24% 104.6% 44.4% 70%
2000 22.9% 97.2% 42.9% 64.4%
1999 17.6% 97.1% - 69.8%
1998 19.7% 108% - 66.4%
1997 20.9% 101.3% - 60.8%
1996 - - - 51.5%
1995 - - - 45.3%

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

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

In 2025, Guyana's government spending was $6.48B, accounting for 23.9% of its GDP, while Malta spent $10.3B, or 37% of GDP.

Debt-to-GDP ratio is 28.6% in Guyana and 46.8% in Malta, ranking 160/185 and 113/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Malta
1x
Year Deficit/surplus, % of GDP
Guyana Malta
2025 -5.37% -3.1%
2024 -7.27% -3.51%
2023 -5.62% -4.43%
2022 -5.1% -5.33%
2021 -6.94% -6.96%
2020 -7.78% -8.71%
2019 -2.52% 0.72%
2018 -2.52% 1.86%
2017 -3.14% 3.4%
2016 -3.21% 1.1%
2015 -0.75% -0.84%
2014 -3.88% -1.49%
2013 -2.16% -2.19%
2012 -3.11% -3.31%
2011 -2.13% -2.99%
2010 -1.88% -2.22%
2009 -2.5% -3.11%
2008 -2.78% -4.06%
2007 -3.35% -2.05%
2006 -6.16% -2.46%
2005 -6.54% -2.83%
2004 -2.88% -4.28%
2003 -4.81% -9.04%
2002 -2.42% -5.62%
2001 -3.71% -6.5%
2000 -2.27% -5.83%
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/malta | 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 Malta's deficit of $861M, or 3.1% of GDP.

Over the past 26 years, Guyana recorded a fiscal deficit in 26 of those years, while Malta ran a deficit in 22 years. On average, Guyana posted an annual deficit equal to 3.88% of GDP, compared to deficit of 3.22% of GDP for Malta.

Inflation comparison by year

Inflation
Guyana

Malta
1x
Year Consumer prices inflation
Guyana Malta
2025 3.3% 2.36%
2024 2.9% 1.65%
2023 2.8% 5.09%
2022 6.9% 6.15%
2021 4.5% 1.5%
2020 0.7% 0.64%
2019 2.1% 1.64%
2018 1.3% 1.16%
2017 1.9% 1.36%
2016 0.8% 0.64%
2015 -0.9% 1.1%
2014 0.7% 0.31%
2013 1.9% 1.18%
2012 2.4% 2.38%
2011 4.4% 2.96%
2010 4.3% 1.52%
2009 3% 2.08%
2008 8.1% 4.26%
2007 12.2% 1.25%
2006 6.7% 2.77%
2005 6.9% 3.01%
2004 4.7% 2.79%
2003 6% 1.3%
2002 5.4% 2.19%
2001 2.6% 2.93%
2000 6.1% 2.37%
1999 7.5% 2.13%
1998 4.6% 2.39%
1997 3.6% 3.11%

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/malta | CC BY

Over the past 29 years, Guyana has recorded an average annual inflation rate of 4.05%, compared with 2.22% in Malta. In 2025, inflation was 3.3% in Guyana and 2.36% in Malta.

Top exports between countries

Guyana
Export category Export value
Machinery & equipment $67K
Raw materials & minerals $2K
Textiles & consumer goods $2K
Wood & paper products $1K
Malta
Export category Export value
Wood & paper products $2.58M
Processed food, beverages & tobacco $169K
Machinery & equipment $16K

Balance of trade

Guyana Malta
Current account balance
$2.35B
2023
$1.78B
2024
Current account balance ranking
42/190
2023
45/190
2024
Current account balance, % of GDP
+13.9%
2023
+7.1%
2024
Goods imports
$6B
2023
$7.56B
2024
Goods exports
$13.2B
2023
$4.58B
2024
Service imports
$4.95B
2023
$17.4B
2024
Service exports
$529M
2023
$25B
2024
Imports of goods and services, % of GDP
109.7%
2005
99.9%
2025
Exports of goods and services, % of GDP
84.6%
2005
119.1%
2025

Economic freedom indices

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

Guyana Malta
Economic freedom 58.7 68.2
Economic freedom ranking 109/197 49/197
Property rights 46.7 85.5
Government integrity 38.8 54.3
Judicial effectiveness 48.6 80.2
Tax burden 76.4 68.5
Government spending 85 58.4
Fiscal health 39.9 63.2
Business freedom 70.9 83.2
Labor freedom 76 62.6
Monetary freedom 78.5 73.1
Trade freedom 59.2 79.4
Investment freedom 55 60
Financial freedom 30 50

Economic freedom comparison by year

Guyana
Malta
1x
Year Economic freedom index
Guyana Malta
2026 58.7 68.2
2025 58.2 66.8
2024 57.3 64.5
2023 56.9 67.5
2022 59.5 71.5
2021 57.4 70.2
2020 56.2 69.5
2019 56.8 68.6
2018 58.7 68.5
2017 58.5 67.7
2016 55.4 66.7
2015 55.5 66.5
2014 55.7 66.4
2013 53.8 67.5
2012 51.3 67
2011 49.4 65.7
2010 48.4 67.2
2009 48.4 66.1
2008 48.8 66
2007 53.7 66.1
2006 56.6 67.3
2005 56.5 68.9
2004 53 63.3
2003 50.3 61.1
2002 54.3 62.2
2001 53.3 62.9
2000 52.4 58.3
1999 53.3 59.3
1998 52.7 61.2
1997 53.2 57.9
1996 50.1 55.8
1995 45.7 56.3

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 68.2 for Malta, ranking 49/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Malta
Services, % of GDP
14.8%
2025
81.3%
2025
Industry, % of GDP
75.1%
2025
10.1%
2025
Agriculture, forestry, and fishing, % of GDP
7.73%
2025
0.47%
2025
GNI, Atlas method
$23.8B
2025
$24B
2025
GNI per capita, PPP
$80,300
2025
$64,900
2025
Total reserves including gold
$1.36B
2025
$1.54B
2025
Total reserves ranking
136/177
2025
134/177
2025
Net foreign direct investment
$1.14B
2023
-$6.13B
2024
Net inflows of foreign direct investment
$8.63B
2024
$42.6B
2024
Net outflows of foreign direct investment
$5.7M
2024
$36.5B
2024
Servicing debt to the IMF, % of GNI
2.84%
2024
n/a
Poverty at national poverty lines
35%
2020
16.7%
2021
Gross capital formation, % of GDP
32.3%
2005
18.7%
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/malta | 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 (2021–2025, 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.