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Economy of Guyana vs Mauritania compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $10.9B for Mauritania, ranking 120/197 and 153/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $4.67B (42.8% of GDP) in Mauritania.

Guyana vs Mauritania GDP by year

Guyana
Mauritania
1x
Year GDP, current $
Guyana Mauritania
2024 $24,662,709,832 $10,908,045,687
2023 $16,918,503,597 $10,726,838,461
2022 $14,718,388,489 $9,557,966,698
2021 $8,041,362,110 $9,222,536,364
2020 $5,471,256,595 $8,260,752,385
2019 $5,173,760,192 $7,894,764,886
2018 $4,787,636,998 $7,473,550,557
2017 $4,748,174,334 $6,800,135,898
2016 $4,482,697,337 $6,398,747,592
2015 $4,279,840,194 $6,166,863,897
2014 $4,127,660,152 $6,592,537,782
2013 $4,167,800,929 $7,223,071,097
2012 $4,063,088,536 $6,728,208,836
2011 $3,691,384,318 $6,764,627,746
2010 $3,432,912,517 $5,628,878,798
2009 $3,165,663,153 $4,714,595,548
2008 $3,025,187,433 $5,206,437,194
2007 $2,730,971,595 $4,346,212,355
2006 $2,379,817,991 $3,919,577,286
2005 $824,880,550 $2,936,019,526
2004 $787,814,379 $2,362,501,023
2003 $743,063,950 $2,051,147,607
2002 $726,131,435 $1,777,057,481
2001 $712,167,450 $1,746,063,558
2000 $712,667,897 $1,779,520,886
1999 $694,754,988 $1,985,922,776
1998 $717,530,683 $2,032,347,665
1997 $749,138,010 $2,071,996,564
1996 $705,406,001 $2,132,087,009
1995 $621,626,786 $2,091,726,101
1994 $540,874,934 $1,944,876,755
1993 $454,101,382 $1,847,353,211
1992 $373,573,141 $2,164,298,425
1991 $348,533,095 $2,133,692,697
1990 $396,582,263 $1,506,914,408
1989 $379,779,390 $1,450,647,019
1988 $413,799,990 $1,414,951,290
1987 $354,591,847 $1,344,664,725
1986 $504,651,140 $1,186,628,778
1985 $453,488,372 $1,009,723,326
1984 $437,631,605 $1,074,373,230
1983 $489,333,333 $1,165,171,263
1982 $482,000,000 $1,108,776,653
1981 $570,357,107 $1,105,494,682
1980 $603,200,000 $1,047,925,106
1979 $530,440,000 $951,900,945
1978 $507,080,000 $804,629,877
1977 $449,880,000 $799,030,017
1976 $454,440,000 $775,045,517
1975 $494,791,667 $703,377,837
1974 $433,954,545 $613,010,553
1973 $307,047,619 $493,237,876
1972 $285,380,952 $391,669,449
1971 $282,050,000 $335,568,907
1970 $267,800,000 $309,405,316
1969 $249,300,000 $295,062,308
1968 $229,750,000 $311,395,937
1967 $250,176,471 $282,615,310
1966 $228,705,882 $266,533,605
1965 $213,235,294 $255,340,475
1964 $194,774,513 $224,495,744
1963 $175,757,894 $168,186,297
1962 $194,949,513 $164,271,558
1961 $185,849,535 $159,213,430
1960 $170,216,241 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Guyana vs Mauritania by year

Guyana
GDP per capita

GDP per capita, PPP
Mauritania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Mauritania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 $2,110 $7,369
2023 $20,474 $54,729 $2,136 $6,966
2022 $17,913 $39,711 $1,960 $6,485
2021 $9,861 $22,866 $1,948 $5,837
2020 $6,776 $16,819 $1,796 $5,741
2019 $6,406 $13,241 $1,767 $5,610
2018 $6,048 $12,443 $1,723 $5,429
2017 $6,179 $12,243 $1,615 $5,353
2016 $5,871 $11,516 $1,566 $4,683
2015 $5,640 $11,408 $1,555 $3,978
2014 $5,473 $11,145 $1,713 $3,865
2013 $5,557 $11,200 $1,934 $3,831
2012 $5,444 $10,627 $1,859 $3,465
2011 $4,947 $10,066 $1,931 $3,271
2010 $4,582 $9,337 $1,660 $3,178
2009 $4,209 $8,824 $1,435 $3,159
2008 $4,009 $8,437 $1,636 $3,236
2007 $3,608 $8,110 $1,405 $3,278
2006 $3,136 $7,346 $1,301 $3,342
2005 $1,084 $6,761 $999 $2,809
2004 $1,033 $6,673 $824 $2,570
2003 $974 $6,392 $732 $2,447
2002 $951 $6,304 $649 $2,296
2001 $932 $6,131 $652 $2,280
2000 $932 $5,860 $681 $2,304
1999 $909 $5,812 $781 $2,411
1998 $940 $5,573 $821 $2,355
1997 $983 $5,615 $859 $2,325
1996 $928 $5,210 $904 $2,436
1995 $820 $4,753 $905 $2,306
1994 $716 $4,447 $865 $2,114
1993 $603 $4,027 $850 $2,209
1992 $498 $3,651 $1,036 $2,122
1991 $466 $3,322 $1,062 $2,116
1990 $529 $3,022 $772 $2,070
1989 $503 - $762 -
1988 $545 - $762 -
1987 $464 - $746 -
1986 $657 - $677 -
1985 $588 - $593 -
1984 $565 - $650 -
1983 $631 - $725 -
1982 $621 - $710 -
1981 $735 - $729 -
1980 $779 - $711 -
1979 $689 - $664 -
1978 $663 - $578 -
1977 $593 - $590 -
1976 $604 - $589 -
1975 $664 - $551 -
1974 $588 - $494 -
1973 $421 - $410 -
1972 $395 - $335 -
1971 $396 - $296 -
1970 $381 - $281.3 -
1969 $361 - $276.6 -
1968 $340 - $301 -
1967 $378 - $281.5 -
1966 $353 - $273.6 -
1965 $336 - $270 -
1964 $313 - $244.3 -
1963 $288.8 - $188.2 -
1962 $327 - $189 -
1961 $319 - $188.2 -
1960 $299.1 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $2,110 in Mauritania, ranking 156/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Mauritania ranks 147th at $7,369.

Economic indicators

Guyana Mauritania
Gross domestic product
$24.7B
2024
$10.9B
2024
GDP rank
120/197
2024
153/197
2024
GDP growth
43.8%
2023-2024
6.31%
2023-2024
GDP per capita
$29,675
2024
$2,110
2024
GDP per capita rank
41/197
2024
156/197
2024
GDP per capita, PPP
$80,155
2024
$7,369
2024
GDP per capita PPP rank
15/197
2024
147/197
2024
Government debt
$5.99B
2024
$4.67B
2024
Debt-to-GDP ratio
24.3%
2024
42.8%
2024
Government debt per person
$7,213
2024
$904
2024
Government debt per person rank
66/185
2024
145/185
2024
Average annual personal income after taxes
$13,212
2026
$2,078
2026
Income share by richest 10%
34.4%
1998
24.6%
2019
Income share by poorest 10%
1.1%
1998
3.1%
2019
Government expenditure, % of GDP
23.2%
2024
23.6%
2024
Consumer prices inflation
2.5%
2023-2024
2.49%
2023-2024
Unemployment rate
13.2%
2019
10.4%
2019
Population
842249
5505206

Spending and national debt comparison by year

Guyana
Spending

Debt
Mauritania
Spending

Debt
1x
Year % of GDP
Guyana Mauritania
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% 23.6% 42.8%
2023 23.7% 26.7% 24.8% 47.1%
2022 20.3% 24.8% 28.7% 50.5%
2021 24.8% 45.7% 20.8% 54.5%
2020 30.5% 59.5% 18.5% 56.5%
2019 28.1% 54% 17.8% 57.7%
2018 27.6% 47.9% 19% 59.2%
2017 26.3% 46.1% 20.3% 55.7%
2016 25.2% 44% 20.8% 57.6%
2015 21.7% 42.2% 25.7% 59.9%
2014 23.1% 38.7% 23.9% 49.5%
2013 21.4% 41.4% 20.1% 40.7%
2012 21.8% 44.7% 21.5% 39.3%
2011 23.5% 51.7% 17% 38.8%
2010 23.9% 53.1% 17.3% 43.9%
2009 25.4% 52.3% 19.6% 54.3%
2008 24.1% 48.2% 19.8% 57.2%
2007 25.5% 47.7% 19.7% 61.5%
2006 29% 74.5% 19% 38%
2005 28.4% 90.7% 21.3% 71.1%
2004 23.7% 91.8% 23.9% 22%
2003 23.5% 95.6% - 22.9%
2002 23.1% 105.1% - 59.5%
2001 24% 104.6% - 63.5%
2000 22.9% 97.2% - 55.5%
1999 17.6% 97.1% - -
1998 19.7% 108% - -
1997 20.9% 101.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20).

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

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Mauritania spent $2.57B, or 23.6% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 42.8% in Mauritania, ranking 168/185 and 126/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Mauritania
1x
Year Deficit/surplus, % of GDP
Guyana Mauritania
2024 -7.31% -1.35%
2023 -5.78% -2.45%
2022 -5.11% -3.09%
2021 -6.94% 2.6%
2020 -7.78% 2.78%
2019 -2.52% 2.65%
2018 -2.52% 3.23%
2017 -3.14% 0.53%
2016 -3.21% 0.13%
2015 -0.75% -2.44%
2014 -3.88% -2.64%
2013 -2.16% -0.66%
2012 -3.11% 1.67%
2011 -2.13% 0.07%
2010 -1.88% -0.45%
2009 -2.5% -3.59%
2008 -2.78% -3.32%
2007 -3.35% -1.38%
2006 -6.16% 2.05%
2005 -6.54% -3.16%
2004 -2.88% -3.06%
2003 -4.81% -
2002 -2.42% -
2001 -3.71% -
2000 -2.27% -
1999 -0.47% -
1998 -2.67% -
1997 -1.7% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20).

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

In 2024, Guyana's government deficit, the difference between spending and revenue, was $1.8B, equivalent to 7.31% of GDP. This compares to Mauritania's deficit of $148M, or 1.35% of GDP.

Over the past 21 years, Guyana recorded a fiscal deficit in 21 of those years, while Mauritania ran a deficit in 12 years. On average, Guyana posted an annual deficit equal to 3.93% of GDP, compared to deficit of 0.57% of GDP for Mauritania.

Inflation comparison by year

Inflation
Guyana

Mauritania
1x
Year Consumer prices inflation
Guyana Mauritania
2024 2.5% 2.49%
2023 4.5% 4.95%
2022 6.5% 9.53%
2021 3.3% 3.57%
2020 1.2% 2.39%
2019 2.1% 2.3%
2018 1.3% 3.07%
2017 1.9% 2.25%
2016 0.8% 1.47%
2015 -0.9% 3.25%
2014 0.7% 3.53%
2013 1.9% 4.13%
2012 2.4% 4.9%
2011 4.4% 5.69%
2010 4.3% 6.28%
2009 3% 2.22%
2008 8.1% 7.35%
2007 12.2% 7.25%
2006 6.7% 6.24%
2005 6.9% 12.1%
2004 4.7% 10.4%
2003 6% 5.15%
2002 5.4% 3.9%
2001 2.6% 4.71%
2000 6.1% 3.25%
1999 7.5% 4.07%
1998 4.6% 8.03%
1997 3.6% 4.63%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Guyana has recorded an average annual inflation rate of 4.08%, compared with 4.97% in Mauritania. In 2024, inflation was 2.5% in Guyana and 2.49% in Mauritania.

Top exports between countries

Guyana
Export category Export value
Machinery & equipment $10K
Mauritania
Export category Export value

Balance of trade

Guyana Mauritania
Current account balance
$2.35B
2023
-$1.04B
2024
Current account balance ranking
43/190
2023
124/190
2024
Current account balance, % of GDP
+13.9%
2023
-9.53%
2024
Goods imports
$6B
2023
$4.32B
2024
Goods exports
$13.2B
2023
$3.83B
2024
Service imports
$4.95B
2023
$1.05B
2024
Service exports
$529M
2023
$230M
2024
Imports of goods and services, % of GDP
109.7%
2005
52.2%
2024
Exports of goods and services, % of GDP
84.6%
2005
41.4%
2024

Economic freedom indices

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

Guyana Mauritania
Economic freedom 58.7 53.9
Economic freedom ranking 109/197 136/197
Property rights 46.7 32.6
Government integrity 38.8 24.5
Judicial effectiveness 48.6 26.4
Tax burden 76.4 75.5
Government spending 85 80.2
Fiscal health 39.9 87.9
Business freedom 70.9 38.7
Labor freedom 76 53.6
Monetary freedom 78.5 77.8
Trade freedom 59.2 59.6
Investment freedom 55 50
Financial freedom 30 40

Economic freedom comparison by year

Guyana
Mauritania
1x
Year Economic freedom index
Guyana Mauritania
2026 58.7 53.9
2025 58.2 54.9
2024 57.3 55.3
2023 56.9 55.3
2022 59.5 55.3
2021 57.4 56.1
2020 56.2 55.3
2019 56.8 55.7
2018 58.7 54
2017 58.5 54.4
2016 55.4 54.8
2015 55.5 53.3
2014 55.7 53.2
2013 53.8 52.3
2012 51.3 53
2011 49.4 52.1
2010 48.4 52
2009 48.4 53.9
2008 48.8 55.2
2007 53.7 53.6
2006 56.6 55.7
2005 56.5 59.4
2004 53 61.8
2003 50.3 59
2002 54.3 52.5
2001 53.3 48.5
2000 52.4 46
1999 53.3 42.8
1998 52.7 43.7
1997 53.2 47
1996 50.1 45.5
1995 45.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 53.9 for Mauritania, ranking 136/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Mauritania
Services, % of GDP
14.5%
2024
42.4%
2024
Industry, % of GDP
76%
2024
30.5%
2024
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
19.3%
2024
GNI, Atlas method
$16.7B
2024
$11B
2024
GNI per capita, PPP
$52,290
2024
$7,300
2024
Total reserves including gold
$1.01B
2024
$2.04B
2021
Total reserves ranking
141/177
2024
126/177
2021
Net foreign direct investment
$1.14B
2023
-$1.44B
2024
Net inflows of foreign direct investment
$8.63B
2024
$1.44B
2024
Net outflows of foreign direct investment
$5.7M
2024
$3.9M
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
3.82%
2024
Poverty at national poverty lines
35%
2020
31.8%
2019
Gross capital formation, % of GDP
32.3%
2005
43.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  8. TradeMap (2023, retrieved 2026-02-08)

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.