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Economy of Guyana vs Mozambique compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $22.7B for Mozambique, ranking 120/197 and 123/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $21.2B (93.2% of GDP) in Mozambique.

Guyana vs Mozambique GDP by year

Guyana
Mozambique
1x
Year GDP, current $
Guyana Mozambique
2024 $24,662,709,832 $22,745,341,305
2023 $16,918,503,597 $20,921,079,533
2022 $14,718,388,489 $18,883,528,581
2021 $8,041,362,110 $16,168,055,475
2020 $5,471,256,595 $14,235,420,174
2019 $5,173,760,192 $15,512,759,047
2018 $4,787,636,998 $15,017,358,953
2017 $4,748,174,334 $13,264,640,646
2016 $4,482,697,337 $12,069,051,237
2015 $4,279,840,194 $16,208,985,770
2014 $4,127,660,152 $17,978,246,586
2013 $4,167,800,929 $17,198,073,057
2012 $4,063,088,536 $16,688,114,144
2011 $3,691,384,318 $14,619,279,989
2010 $3,432,912,517 $11,411,894,724
2009 $3,165,663,153 $12,263,894,790
2008 $3,025,187,433 $12,920,340,965
2007 $2,730,971,595 $10,811,456,006
2006 $2,379,817,991 $9,509,835,537
2005 $824,880,550 $8,868,504,900
2004 $787,814,379 $7,937,255,565
2003 $743,063,950 $6,583,526,861
2002 $726,131,435 $5,950,769,427
2001 $712,167,450 $5,650,154,067
2000 $712,667,897 $5,930,685,215
1999 $694,754,988 $6,285,219,691
1998 $717,530,683 $5,551,118,149
1997 $749,138,010 $4,873,663,775
1996 $705,406,001 $4,030,146,135
1995 $621,626,786 $3,061,646,174
1994 $540,874,934 $2,958,108,170
1993 $454,101,382 $2,883,161,897
1992 $373,573,141 $2,798,696,511
1991 $348,533,095 $3,854,856,435
1990 $396,582,263 -
1989 $379,779,390 -
1988 $413,799,990 -
1987 $354,591,847 -
1986 $504,651,140 -
1985 $453,488,372 -
1984 $437,631,605 -
1983 $489,333,333 -
1982 $482,000,000 -
1981 $570,357,107 -
1980 $603,200,000 -
1979 $530,440,000 -
1978 $507,080,000 -
1977 $449,880,000 -
1976 $454,440,000 -
1975 $494,791,667 -
1974 $433,954,545 -
1973 $307,047,619 -
1972 $285,380,952 -
1971 $282,050,000 -
1970 $267,800,000 -
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Guyana vs Mozambique by year

Guyana
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 $657 $1,705
2023 $20,474 $54,729 $622 $1,678
2022 $17,913 $39,711 $578 $1,582
2021 $9,861 $22,866 $510 $1,457
2020 $6,776 $16,819 $462 $1,412
2019 $6,406 $13,241 $519 $1,389
2018 $6,048 $12,443 $518 $1,326
2017 $6,179 $12,243 $471 $1,283
2016 $5,871 $11,516 $441 $1,379
2015 $5,640 $11,408 $611 $1,318
2014 $5,473 $11,145 $697 $1,166
2013 $5,557 $11,200 $687 $1,114
2012 $5,444 $10,627 $686 $1,076
2011 $4,947 $10,066 $618 $1,064
2010 $4,582 $9,337 $496 $1,000
2009 $4,209 $8,824 $548 $951
2008 $4,009 $8,437 $592 $916
2007 $3,608 $8,110 $508 $862
2006 $3,136 $7,346 $457 $798
2005 $1,084 $6,761 $437 $721
2004 $1,033 $6,673 $400 $673
2003 $974 $6,392 $339 $620
2002 $951 $6,304 $314 $580
2001 $932 $6,131 $305 $533
2000 $932 $5,860 $327 $472
1999 $909 $5,812 $354 $468
1998 $940 $5,573 $320 $422
1997 $983 $5,615 $287.5 $387
1996 $928 $5,210 $244.4 $350
1995 $820 $4,753 $191.8 $321
1994 $716 $4,447 $196.8 $326
1993 $603 $4,027 $205.2 $321
1992 $498 $3,651 $205.6 $292
1991 $466 $3,322 $288.7 $315
1990 $529 $3,022 - $296
1989 $503 - - -
1988 $545 - - -
1987 $464 - - -
1986 $657 - - -
1985 $588 - - -
1984 $565 - - -
1983 $631 - - -
1982 $621 - - -
1981 $735 - - -
1980 $779 - - -
1979 $689 - - -
1978 $663 - - -
1977 $593 - - -
1976 $604 - - -
1975 $664 - - -
1974 $588 - - -
1973 $421 - - -
1972 $395 - - -
1971 $396 - - -
1970 $381 - - -
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 (1960–2024, retrieved 2026-04-06).

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

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $657 in Mozambique, ranking 189/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Mozambique ranks 192nd at $1,705.

Economic indicators

Guyana Mozambique
Gross domestic product
$24.7B
2024
$22.7B
2024
GDP rank
120/197
2024
123/197
2024
GDP growth
43.8%
2023-2024
2.15%
2023-2024
GDP per capita
$29,675
2024
$657
2024
GDP per capita rank
41/197
2024
189/197
2024
GDP per capita, PPP
$80,155
2024
$1,705
2024
GDP per capita PPP rank
15/197
2024
192/197
2024
Government debt
$5.99B
2024
$21.2B
2024
Debt-to-GDP ratio
24.3%
2024
93.2%
2024
Government debt per person
$7,213
2024
$612
2024
Government debt per person rank
66/185
2024
159/185
2024
Average annual personal income after taxes
$13,212
2026
$1,778
2026
Income share by richest 10%
34.4%
1998
40.8%
2022
Income share by poorest 10%
1.1%
1998
1.7%
2022
Government expenditure, % of GDP
23.2%
2024
33.2%
2024
Consumer prices inflation
2.5%
2023-2024
3.2%
2023-2024
Central bank interest rate n/a
9.75%
2025
Unemployment rate
13.2%
2019
6.79%
2022
Population
842249
36941128

Spending and national debt comparison by year

Guyana
Spending

Debt
Mozambique
Spending

Debt
1x
Year % of GDP
Guyana Mozambique
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% 33.2% 93.2%
2023 23.7% 26.7% 33.3% 90.9%
2022 20.3% 24.8% 32.9% 100.3%
2021 24.8% 45.7% 32.1% 104.3%
2020 30.5% 59.5% 33.9% 120%
2019 28.1% 54% 28% 98.3%
2018 27.6% 47.9% 32.9% 105.5%
2017 26.3% 46.1% 29.5% 103.8%
2016 25.2% 44% 29.1% 124.8%
2015 21.7% 42.2% 32.2% 86%
2014 23.1% 38.7% 39.7% 63.4%
2013 21.4% 41.4% 31.7% 49.5%
2012 21.8% 44.7% 28.1% 36.7%
2011 23.5% 51.7% 28.9% 34.2%
2010 23.9% 53.1% 26.7% 38.6%
2009 25.4% 52.3% 25.7% 39.3%
2008 24.1% 48.2% 21.3% 32.8%
2007 25.5% 47.7% 20.9% 31.2%
2006 29% 74.5% 20.1% 40%
2005 28.4% 90.7% 17% 60.1%
2004 23.7% 91.8% 17.8% 50.8%
2003 23.5% 95.6% 18.6% 63.2%
2002 23.1% 105.1% 18.6% 63.4%
2001 24% 104.6% 20.8% 99.8%
2000 22.9% 97.2% 17.2% 95.8%
1999 17.6% 97.1% 15.6% 94.7%
1998 19.7% 108% 14.9% -
1997 20.9% 101.3% 16.5% -
1996 - - 14.9% -
1995 - - 18.8% -
1994 - - 22.9% -
1993 - - 20.7% -
1992 - - 21.1% -
1991 - - 17.3% -
1990 - - 21% -
1989 - - 27% -
1988 - - 27% -
1987 - - 22.9% -
1986 - - 24.2% -
1985 - - 21% -
1984 - - 30.9% -
1983 - - 35.3% -
1982 - - 27% -
1981 - - 23.8% -
1980 - - 14.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

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

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Mozambique spent $7.56B, or 33.2% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 93.2% in Mozambique, ranking 168/185 and 28/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Mozambique
1x
Year Deficit/surplus, % of GDP
Guyana Mozambique
2024 -7.31% -6.17%
2023 -5.78% -4.26%
2022 -5.11% -5.22%
2021 -6.94% -5.23%
2020 -7.78% -6.19%
2019 -2.52% 1.7%
2018 -2.52% -7.39%
2017 -3.14% -2.9%
2016 -3.21% -5.42%
2015 -0.75% -6.55%
2014 -3.88% -9.75%
2013 -2.16% -2.46%
2012 -3.11% -3.45%
2011 -2.13% -4.34%
2010 -1.88% -3.5%
2009 -2.5% -4.35%
2008 -2.78% -1.9%
2007 -3.35% -2.19%
2006 -6.16% -3.03%
2005 -6.54% -2.06%
2004 -2.88% -3.17%
2003 -4.81% -2.64%
2002 -2.42% -3.36%
2001 -3.71% -4.43%
2000 -2.27% -1.26%
1999 -0.47% -0.31%
1998 -2.67% -1.08%
1997 -1.7% -1.81%
1996 - -2.07%
1995 - -2.46%
1994 - -4%
1993 - -2.53%
1992 - -1.85%
1991 - -2.01%
1990 - -4.42%
1989 - -4.23%
1988 - -6.47%
1987 - -7.24%
1986 - -12.1%
1985 - -9.69%
1984 - -13.4%
1983 - -15.8%
1982 - -3.61%
1981 - -7.41%
1980 - -1.47%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

GeoRank.org/economy/guyana/mozambique | 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 Mozambique's deficit of $1.4B, or 6.17% of GDP.

Over the past 28 years, Guyana recorded a fiscal deficit in 28 of those years, while Mozambique ran a deficit in 27 years. On average, Guyana posted an annual deficit equal to 3.59% of GDP, compared to deficit of 3.67% of GDP for Mozambique.

Inflation comparison by year

Inflation
Guyana

Mozambique
1x
Year Consumer prices inflation
Guyana Mozambique
2024 2.5% 3.2%
2023 4.5% 7%
2022 6.5% 10.4%
2021 3.3% 6.6%
2020 1.2% 0.9%
2019 2.1% 5.7%
2018 1.3% 3.2%
2017 1.9% 15.8%
2016 0.8% 18.4%
2015 -0.9% 3.6%
2014 0.7% 2.6%
2013 1.9% 4.3%
2012 2.4% 2.6%
2011 4.4% 11.2%
2010 4.3% 12.4%
2009 3% 3.8%
2008 8.1% 14.5%
2007 12.2% 10.4%
2006 6.7% 13.2%
2005 6.9% 6.4%
2004 4.7% 12.6%
2003 6% 13.5%
2002 5.4% 16.8%
2001 2.6% 9.1%
2000 6.1% 12.7%
1999 7.5% 2.9%
1998 4.6% 1.5%
1997 3.6% 7.4%

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

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

Over the past 28 years, Guyana has recorded an average annual inflation rate of 4.08%, compared with 8.31% in Mozambique. In 2024, inflation was 2.5% in Guyana and 3.2% in Mozambique.

Top exports between countries

Guyana
Export category Export value
Machinery & equipment $5K
Raw materials & minerals $1K
Mozambique
Export category Export value
Textiles & consumer goods $31K
Machinery & equipment $13K
Chemicals & pharma $2K

Balance of trade

Guyana Mozambique
Current account balance
$2.35B
2023
-$2.49B
2024
Current account balance ranking
43/190
2023
150/190
2024
Current account balance, % of GDP
+13.9%
2023
-11%
2024
Goods imports
$6B
2023
$8.38B
2024
Goods exports
$13.2B
2023
$8.21B
2024
Service imports
$4.95B
2023
$2.11B
2024
Service exports
$529M
2023
$1.15B
2024
Imports of goods and services, % of GDP
109.7%
2005
52.8%
2024
Exports of goods and services, % of GDP
84.6%
2005
42.8%
2024

Economic freedom indices

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

Guyana Mozambique
Economic freedom 58.7 49.6
Economic freedom ranking 109/197 164/197
Property rights 46.7 29.7
Government integrity 38.8 25.1
Judicial effectiveness 48.6 43.4
Tax burden 76.4 75.8
Government spending 85 67
Fiscal health 39.9 39.1
Business freedom 70.9 40.2
Labor freedom 76 47.7
Monetary freedom 78.5 76.2
Trade freedom 59.2 71.2
Investment freedom 55 40
Financial freedom 30 40

Economic freedom comparison by year

Guyana
Mozambique
1x
Year Economic freedom index
Guyana Mozambique
2026 58.7 49.6
2025 58.2 50.7
2024 57.3 50.7
2023 56.9 52.5
2022 59.5 51.3
2021 57.4 51.6
2020 56.2 50.5
2019 56.8 48.6
2018 58.7 46.3
2017 58.5 49.9
2016 55.4 53.2
2015 55.5 54.8
2014 55.7 55
2013 53.8 55
2012 51.3 57.1
2011 49.4 56.8
2010 48.4 56
2009 48.4 55.7
2008 48.8 55.4
2007 53.7 54.7
2006 56.6 51.9
2005 56.5 54.6
2004 53 57.2
2003 50.3 58.6
2002 54.3 57.7
2001 53.3 59.2
2000 52.4 52.2
1999 53.3 48.9
1998 52.7 43
1997 53.2 44
1996 50.1 48.4
1995 45.7 45.5

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 49.6 for Mozambique, ranking 164/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Mozambique
Services, % of GDP
14.5%
2024
41.1%
2024
Industry, % of GDP
76%
2024
21.9%
2024
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
25.2%
2024
GNI, Atlas method
$16.7B
2024
$19.1B
2024
GNI per capita, PPP
$52,290
2024
$1,520
2024
Total reserves including gold
$1.01B
2024
$3.84B
2024
Total reserves ranking
141/177
2024
108/177
2024
Net foreign direct investment
$1.14B
2023
-$3.55B
2024
Net inflows of foreign direct investment
$8.63B
2024
$3.51B
2024
Net outflows of foreign direct investment
$5.7M
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
22.4%
2024
Poverty at national poverty lines
35%
2020
65%
2022
Gross capital formation, % of GDP
32.3%
2005
17.7%
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/mozambique | 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 (1990–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.