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Economy of Guyana vs Myanmar compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $74.1B for Myanmar, ranking 120/197 and 85/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Guyana vs Myanmar GDP by year

Guyana
Myanmar
1x
Year GDP, current $
Guyana Myanmar
2024 $24,662,709,832 $74,068,349,524
2023 $16,918,503,597 $66,757,619,000
2022 $14,718,388,489 $62,253,049,903
2021 $8,041,362,110 $66,345,291,149
2020 $5,471,256,595 $79,006,113,670
2019 $5,173,760,192 $75,065,106,243
2018 $4,787,636,998 $67,860,515,993
2017 $4,748,174,334 $66,053,040,475
2016 $4,482,697,337 $63,298,361,984
2015 $4,279,840,194 $59,607,290,408
2014 $4,127,660,152 $65,531,374,210
2013 $4,167,800,929 $60,269,732,855
2012 $4,063,088,536 $59,937,796,648
2011 $3,691,384,318 $59,977,326,086
2010 $3,432,912,517 $49,540,813,342
2009 $3,165,663,153 $36,906,181,381
2008 $3,025,187,433 $31,862,554,102
2007 $2,730,971,595 $20,182,477,481
2006 $2,379,817,991 $14,502,553,710
2005 $824,880,550 $11,986,972,419
2004 $787,814,379 $10,567,354,056
2003 $743,063,950 $10,467,109,978
2002 $726,131,435 $6,777,632,512
2001 $712,167,450 $6,477,790,688
2000 $712,667,897 $8,905,066,164
1999 $694,754,988 $8,486,832,801
1998 $717,530,683 $6,459,461,639
1997 $749,138,010 $4,722,288,496
1996 $705,406,001 $6,123,556,717
1995 $621,626,786 $5,289,174,943
1994 $540,874,934 $4,432,257,174
1993 $454,101,382 $3,163,020,035
1992 $373,573,141 $2,411,552,289
1991 $348,533,095 $2,069,832,687
1990 $396,582,263 $2,115,193,513
1989 $379,779,390 $2,013,448,229
1988 $413,799,990 $1,541,088,312
1987 $354,591,847 $1,562,448,077
1986 $504,651,140 $1,582,873,750
1985 $453,488,372 $1,478,908,173
1984 $437,631,605 $1,304,063,253
1983 $489,333,333 $1,381,573,615
1982 $482,000,000 $1,481,165,468
1981 $570,357,107 $1,111,000,765
1980 $603,200,000 $1,038,225,167
1979 $530,440,000 $952,265,043
1978 $507,080,000 $935,408,775
1977 $449,880,000 $873,579,932
1976 $454,440,000 $1,204,699,849
1975 $494,791,667 $1,061,107,354
1974 $433,954,545 $1,225,589,878
1973 $307,047,619 $719,754,655
1972 $285,380,952 $662,213,083
1971 $282,050,000 $587,448,405
1970 $267,800,000 $563,555,631
1969 $249,300,000 $571,854,215
1968 $229,750,000 $559,956,130
1967 $250,176,471 $420,359,036
1966 $228,705,882 $293,103,479
1965 $213,235,294 $367,053,117
1964 $194,774,513 $411,419,906
1963 $175,757,894 $598,998,419
1962 $194,949,513 $634,528,872
1961 $185,849,535 $605,581,577
1960 $170,216,241 $545,098,448

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

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

GDP per capita in Guyana vs Myanmar by year

Guyana
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 $1,359 $5,997
2023 $20,474 $54,729 $1,233 $5,953
2022 $17,913 $39,711 $1,158 $5,732
2021 $9,861 $22,866 $1,243 $5,178
2020 $6,776 $16,819 $1,490 $5,741
2019 $6,406 $13,241 $1,426 $6,101
2018 $6,048 $12,443 $1,298 $5,581
2017 $6,179 $12,243 $1,273 $4,706
2016 $5,871 $11,516 $1,229 $4,460
2015 $5,640 $11,408 $1,167 $4,459
2014 $5,473 $11,145 $1,293 $4,376
2013 $5,557 $11,200 $1,199 $4,144
2012 $5,444 $10,627 $1,203 $3,845
2011 $4,947 $10,066 $1,214 $3,579
2010 $4,582 $9,337 $1,011 $3,348
2009 $4,209 $8,824 $758 $3,040
2008 $4,009 $8,437 $658 $2,748
2007 $3,608 $8,110 $419 $2,459
2006 $3,136 $7,346 $303 $2,153
2005 $1,084 $6,761 $252.7 $1,860
2004 $1,033 $6,673 $224.5 $1,601
2003 $974 $6,392 $224.3 $1,385
2002 $951 $6,304 $146.6 $1,204
2001 $932 $6,131 $141.5 $1,069
2000 $932 $5,860 $196.6 $949
1999 $909 $5,812 $189.5 $825
1998 $940 $5,573 $146 $742
1997 $983 $5,615 $108 $702
1996 $928 $5,210 $141.9 $661
1995 $820 $4,753 $124.1 $618
1994 $716 $4,447 $105.4 $573
1993 $603 $4,027 $76.2 $529
1992 $498 $3,651 $58.9 $494
1991 $466 $3,322 $51.2 $447
1990 $529 $3,022 $53.1 $441
1989 $503 - $51.3 -
1988 $545 - $39.9 -
1987 $464 - $41.1 -
1986 $657 - $42.4 -
1985 $588 - $40.4 -
1984 $565 - $36.3 -
1983 $631 - $39.3 -
1982 $621 - $43 -
1981 $735 - $32.8 -
1980 $779 - $31.2 -
1979 $689 - $29.2 -
1978 $663 - $29.3 -
1977 $593 - $27.9 -
1976 $604 - $39.2 -
1975 $664 - $35.2 -
1974 $588 - $41.4 -
1973 $421 - $24.8 -
1972 $395 - $23.3 -
1971 $396 - $21.1 -
1970 $381 - $20.7 -
1969 $361 - $21.5 -
1968 $340 - $21.5 -
1967 $378 - $16.5 -
1966 $353 - $11.8 -
1965 $336 - $15.1 -
1964 $313 - $17.3 -
1963 $288.8 - $25.8 -
1962 $327 - $27.9 -
1961 $319 - $27.3 -
1960 $299.1 - $25.1 -

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

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

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Myanmar ranks 153rd at $5,997.

Economic indicators

Guyana Myanmar
Gross domestic product
$24.7B
2024
$74.1B
2024
GDP rank
120/197
2024
85/197
2024
GDP growth
43.8%
2023-2024
-0.97%
2023-2024
GDP per capita
$29,675
2024
$1,359
2024
GDP per capita rank
41/197
2024
165/197
2024
GDP per capita, PPP
$80,155
2024
$5,997
2024
GDP per capita PPP rank
15/197
2024
153/197
2024
Government debt
$5.99B
2024
$44B
2024
Debt-to-GDP ratio
24.3%
2024
59.3%
2024
Government debt per person
$7,213
2024
$806
2024
Government debt per person rank
66/185
2024
150/185
2024
Average annual personal income after taxes
$13,212
2026
$1,646
2026
Income share by richest 10%
34.4%
1998
25.5%
2017
Income share by poorest 10%
1.1%
1998
3.8%
2017
Government expenditure, % of GDP
23.2%
2024
20.7%
2024
Consumer prices inflation
2.5%
2023-2024
8.83%
2018-2019
Unemployment rate
13.2%
2019
1.48%
2020
Population
842249
55292116

Spending and national debt comparison by year

Guyana
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Guyana Myanmar
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% 20.7% 59.3%
2023 23.7% 26.7% 21.4% 59.1%
2022 20.3% 24.8% 21.3% 56.1%
2021 24.8% 45.7% 20.9% 63.4%
2020 30.5% 59.5% 21.3% 49.1%
2019 28.1% 54% 20.5% 37.6%
2018 27.6% 47.9% 18.7% 39.9%
2017 26.3% 46.1% 19.7% 41.9%
2016 25.2% 44% 21.3% 35.7%
2015 21.7% 42.2% 23.7% 36.6%
2014 23.1% 38.7% 24.7% 34.5%
2013 21.4% 41.4% 23.9% 44.8%
2012 21.8% 44.7% 20% 48%
2011 23.5% 51.7% 15.6% 49.9%
2010 23.9% 53.1% 15.8% 54.4%
2009 25.4% 52.3% 14.4% 56.4%
2008 24.1% 48.2% 14.4% 59.8%
2007 25.5% 47.7% 15.7% 77.4%
2006 29% 74.5% 15.6% 103.1%
2005 28.4% 90.7% 14.6% 119%
2004 23.7% 91.8% 14.6% 126.6%
2003 23.5% 95.6% 14.3% 146%
2002 23.1% 105.1% 15.3% 190.6%
2001 24% 104.6% 19.1% 262%
2000 22.9% 97.2% 21.4% 164.5%
1999 17.6% 97.1% 22.8% 150.7%
1998 19.7% 108% 25.2% 208.6%
1997 20.9% 101.3% - -

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

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

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 59.3% in Myanmar, ranking 168/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Myanmar
1x
Year Deficit/surplus, % of GDP
Guyana Myanmar
2024 -7.31% -5.06%
2023 -5.78% -5.18%
2022 -5.11% -2.82%
2021 -6.94% -2.47%
2020 -7.78% -6.5%
2019 -2.52% -4.7%
2018 -2.52% -2.77%
2017 -3.14% -3.42%
2016 -3.21% -2.53%
2015 -0.75% -4.33%
2014 -3.88% -1.06%
2013 -2.16% -1.53%
2012 -3.11% -2.7%
2011 -2.13% -4.82%
2010 -1.88% -5.4%
2009 -2.5% -3.55%
2008 -2.78% -2.73%
2007 -3.35% -3.52%
2006 -6.16% -3.42%
2005 -6.54% -3.49%
2004 -2.88% -4.62%
2003 -4.81% -4.24%
2002 -2.42% -4.01%
2001 -3.71% -6.34%
2000 -2.27% -6.03%
1999 -0.47% -4.46%
1998 -2.67% -4.89%
1997 -1.7% -

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

GeoRank.org/economy/guyana/myanmar | 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 Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, Guyana recorded a fiscal deficit in 27 of those years, while Myanmar ran a deficit in 27 years. On average, Guyana posted an annual deficit equal to 3.66% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Guyana

Myanmar
1x
Year Consumer prices inflation
Guyana Myanmar
2024 2.5% -
2023 4.5% -
2022 6.5% -
2021 3.3% -
2020 1.2% -
2019 2.1% 8.83%
2018 1.3% 6.87%
2017 1.9% 4.57%
2016 0.8% 6.93%
2015 -0.9% 9.45%
2014 0.7% 4.95%
2013 1.9% 5.64%
2012 2.4% 1.47%
2011 4.4% 5.02%
2010 4.3% 7.72%
2009 3% 1.47%
2008 8.1% 26.8%
2007 12.2% 35%
2006 6.7% 20%
2005 6.9% 9.37%
2004 4.7% 4.53%
2003 6% 36.6%
2002 5.4% 57.1%
2001 2.6% 21.1%
2000 6.1% -0.11%
1999 7.5% 18.4%
1998 4.6% 51.5%
1997 3.6% 29.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2019, retrieved 2026-04-06).

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

Over the past 23 years, Guyana has recorded an average annual inflation rate of 4.19%, compared with 16.2% in Myanmar. In 2019, inflation was 2.5% in Guyana and 8.83% in Myanmar.

Balance of trade

Guyana Myanmar
Current account balance
$2.35B
2023
$67.7M
2019
Current account balance ranking
43/190
2023
71/190
2019
Current account balance, % of GDP
+13.9%
2023
+0.09%
2019
Goods imports
$6B
2023
$13.7B
2019
Goods exports
$13.2B
2023
$10.8B
2019
Service imports
$4.95B
2023
$3.66B
2019
Service exports
$529M
2023
$6.68B
2019
Imports of goods and services, % of GDP
109.7%
2005
n/a
Exports of goods and services, % of GDP
84.6%
2005
24.3%
2025

Economic freedom indices

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

Guyana Myanmar
Economic freedom 58.7 44.5
Economic freedom ranking 109/197 180/197
Property rights 46.7 5.7
Government integrity 38.8 18.1
Judicial effectiveness 48.6 3.9
Tax burden 76.4 88.6
Government spending 85 86.6
Fiscal health 39.9 62.7
Business freedom 70.9 37.9
Labor freedom 76 53.2
Monetary freedom 78.5 57.5
Trade freedom 59.2 69.4
Investment freedom 55 30
Financial freedom 30 20

Economic freedom comparison by year

Guyana
Myanmar
1x
Year Economic freedom index
Guyana Myanmar
2026 58.7 44.5
2025 58.2 43.7
2024 57.3 42.2
2023 56.9 46.5
2022 59.5 49.6
2021 57.4 55.2
2020 56.2 54
2019 56.8 53.6
2018 58.7 53.9
2017 58.5 52.5
2016 55.4 48.7
2015 55.5 46.9
2014 55.7 46.5
2013 53.8 39.2
2012 51.3 38.7
2011 49.4 37.8
2010 48.4 36.7
2009 48.4 37.7
2008 48.8 39.5
2007 53.7 41
2006 56.6 40
2005 56.5 40.5
2004 53 43.6
2003 50.3 44.9
2002 54.3 45.5
2001 53.3 46.1
2000 52.4 47.9
1999 53.3 46.4
1998 52.7 45.7
1997 53.2 45.4
1996 50.1 45.1
1995 45.7 -

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Myanmar
Services, % of GDP
14.5%
2024
41.4%
2024
Industry, % of GDP
76%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
20.8%
2024
GNI, Atlas method
$16.7B
2024
$65.9B
2024
GNI per capita, PPP
$52,290
2024
$5,890
2024
Total reserves including gold
$1.01B
2024
$9.34B
2023
Total reserves ranking
141/177
2024
81/177
2023
Net foreign direct investment
$1.14B
2023
-$1.74B
2019
Net inflows of foreign direct investment
$8.63B
2024
$1.1B
2024
Net outflows of foreign direct investment
$5.7M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
1.31%
2024
Poverty at national poverty lines
35%
2020
24.8%
2017
Gross capital formation, % of GDP
32.3%
2005
n/a

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/myanmar | 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)

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.