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Economy of Guyana vs Nepal compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $42.9B for Nepal, ranking 120/197 and 101/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $20.7B (48.3% of GDP) in Nepal.

Guyana vs Nepal GDP by year

Guyana
Nepal
1x
Year GDP, current $
Guyana Nepal
2024 $24,662,709,832 $42,914,268,287
2023 $16,918,503,597 $41,047,772,331
2022 $14,718,388,489 $41,182,939,601
2021 $8,041,362,110 $36,924,841,394
2020 $5,471,256,595 $33,433,659,301
2019 $5,173,760,192 $34,186,180,699
2018 $4,787,636,998 $33,111,525,237
2017 $4,748,174,334 $28,971,588,940
2016 $4,482,697,337 $24,524,109,484
2015 $4,279,840,194 $24,360,801,287
2014 $4,127,660,152 $22,731,612,922
2013 $4,167,800,929 $22,162,204,925
2012 $4,063,088,536 $21,703,100,877
2011 $3,691,384,318 $21,573,872,421
2010 $3,432,912,517 $16,002,656,434
2009 $3,165,663,153 $12,854,985,464
2008 $3,025,187,433 $12,545,438,605
2007 $2,730,971,595 $10,325,618,017
2006 $2,379,817,991 $9,043,715,356
2005 $824,880,550 $8,130,258,378
2004 $787,814,379 $7,273,938,315
2003 $743,063,950 $6,330,473,097
2002 $726,131,435 $6,050,875,807
2001 $712,167,450 $6,007,055,042
2000 $712,667,897 $5,494,252,208
1999 $694,754,988 $5,033,642,384
1998 $717,530,683 $4,856,255,044
1997 $749,138,010 $4,918,691,917
1996 $705,406,001 $4,521,580,381
1995 $621,626,786 $4,401,104,418
1994 $540,874,934 $4,066,775,510
1993 $454,101,382 $3,660,041,667
1992 $373,573,141 $3,401,211,581
1991 $348,533,095 $3,921,476,085
1990 $396,582,263 $3,627,560,239
1989 $379,779,390 $3,525,225,787
1988 $413,799,990 $3,487,009,748
1987 $354,591,847 $2,957,255,380
1986 $504,651,140 $2,850,782,044
1985 $453,488,372 $2,619,913,956
1984 $437,631,605 $2,581,207,388
1983 $489,333,333 $2,447,174,803
1982 $482,000,000 $2,395,423,742
1981 $570,357,107 $2,275,583,317
1980 $603,200,000 $1,945,916,583
1979 $530,440,000 $1,851,250,008
1978 $507,080,000 $1,604,162,497
1977 $449,880,000 $1,382,400,000
1976 $454,440,000 $1,452,788,985
1975 $494,791,667 $1,575,789,254
1974 $433,954,545 $1,217,953,547
1973 $307,047,619 $972,101,725
1972 $285,380,952 $1,024,098,400
1971 $282,050,000 $882,765,472
1970 $267,800,000 $865,975,309
1969 $249,300,000 $788,641,965
1968 $229,750,000 $772,231,387
1967 $250,176,471 $841,974,025
1966 $228,705,882 $906,811,944
1965 $213,235,294 $735,267,082
1964 $194,774,513 $496,098,775
1963 $175,757,894 $496,947,904
1962 $194,949,513 $574,091,101
1961 $185,849,535 $531,959,562
1960 $170,216,241 $508,334,414

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

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

GDP per capita in Guyana vs Nepal by year

Guyana
GDP per capita

GDP per capita, PPP
Nepal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Nepal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 $1,447 $5,737
2023 $20,474 $54,729 $1,382 $5,395
2022 $17,913 $39,711 $1,386 $5,103
2021 $9,861 $22,866 $1,253 $4,546
2020 $6,776 $16,819 $1,154 $4,236
2019 $6,406 $13,241 $1,203 $4,261
2018 $6,048 $12,443 $1,179 $3,956
2017 $6,179 $12,243 $1,034 $3,605
2016 $5,871 $11,516 $877 $2,976
2015 $5,640 $11,408 $876 $2,957
2014 $5,473 $11,145 $821 $2,901
2013 $5,557 $11,200 $803 $2,658
2012 $5,444 $10,627 $788 $2,466
2011 $4,947 $10,066 $786 $2,248
2010 $4,582 $9,337 $585 $2,139
2009 $4,209 $8,824 $473 $2,029
2008 $4,009 $8,437 $465 $1,942
2007 $3,608 $8,110 $385 $1,809
2006 $3,136 $7,346 $340 $1,718
2005 $1,084 $6,761 $309 $1,628
2004 $1,033 $6,673 $279.6 $1,542
2003 $974 $6,392 $246.4 $1,453
2002 $951 $6,304 $238.9 $1,390
2001 $932 $6,131 $240.8 $1,388
2000 $932 $5,860 $223.8 $1,317
1999 $909 $5,812 $208.6 $1,234
1998 $940 $5,573 $205.1 $1,187
1997 $983 $5,615 $211.8 $1,162
1996 $928 $5,210 $198.8 $1,110
1995 $820 $4,753 $197.8 $1,058
1994 $716 $4,447 $187.3 $1,026
1993 $603 $4,027 $172.8 $952
1992 $498 $3,651 $165 $920
1991 $466 $3,322 $195.7 $889
1990 $529 $3,022 $185.8 $830
1989 $503 - $185 -
1988 $545 - $187.1 -
1987 $464 - $162 -
1986 $657 - $159.5 -
1985 $588 - $149.9 -
1984 $565 - $151.1 -
1983 $631 - $146.6 -
1982 $621 - $147 -
1981 $735 - $142.9 -
1980 $779 - $125.1 -
1979 $689 - $121.9 -
1978 $663 - $108.1 -
1977 $593 - $95.3 -
1976 $604 - $102.5 -
1975 $664 - $113.6 -
1974 $588 - $89.8 -
1973 $421 - $73.2 -
1972 $395 - $78.8 -
1971 $396 - $69.5 -
1970 $381 - $69.6 -
1969 $361 - $64.8 -
1968 $340 - $64.9 -
1967 $378 - $72.3 -
1966 $353 - $79.5 -
1965 $336 - $65.8 -
1964 $313 - $45.3 -
1963 $288.8 - $46.3 -
1962 $327 - $54.6 -
1961 $319 - $51.6 -
1960 $299.1 - $50.2 -

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

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

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $1,447 in Nepal, ranking 164/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Nepal ranks 155th at $5,737.

Economic indicators

Guyana Nepal
Gross domestic product
$24.7B
2024
$42.9B
2024
GDP rank
120/197
2024
101/197
2024
GDP growth
43.8%
2023-2024
3.67%
2023-2024
GDP per capita
$29,675
2024
$1,447
2024
GDP per capita rank
41/197
2024
164/197
2024
GDP per capita, PPP
$80,155
2024
$5,737
2024
GDP per capita PPP rank
15/197
2024
155/197
2024
Government debt
$5.99B
2024
$20.7B
2024
Debt-to-GDP ratio
24.3%
2024
48.3%
2024
Government debt per person
$7,213
2024
$700
2024
Government debt per person rank
66/185
2024
154/185
2024
Average annual personal income after taxes
$13,212
2026
$2,170
2026
Number of billionaires n/a
2
2025
Income share by richest 10%
34.4%
1998
24.2%
2022
Income share by poorest 10%
1.1%
1998
3.7%
2022
Government expenditure, % of GDP
23.2%
2024
22.1%
2024
Consumer prices inflation
2.5%
2023-2024
4.69%
2023-2024
Unemployment rate
13.2%
2019
10.7%
2017
Population
842249
29596762

Spending and national debt comparison by year

Guyana
Spending

Debt
Nepal
Spending

Debt
1x
Year % of GDP
Guyana Nepal
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% 22.1% 48.3%
2023 23.7% 26.7% 25.1% 47%
2022 20.3% 24.8% 26.1% 42.7%
2021 24.8% 45.7% 27.2% 43.3%
2020 30.5% 59.5% 28.5% 43.3%
2019 28.1% 54% 27.1% 34%
2018 27.6% 47.9% 28% 31.1%
2017 26.3% 46.1% 23.6% 25%
2016 25.2% 44% 19% 25%
2015 21.7% 42.2% 17.7% 25.7%
2014 23.1% 38.7% 16.6% 27.6%
2013 21.4% 41.4% 15.5% 31.9%
2012 21.8% 44.7% 16.8% 34.5%
2011 23.5% 51.7% 16.3% 32.4%
2010 23.9% 53.1% 16.5% 35.4%
2009 25.4% 52.3% 17% 39.5%
2008 24.1% 48.2% 13.4% 36.8%
2007 25.5% 47.7% 13.1% 37.9%
2006 29% 74.5% 11.2% 42.9%
2005 28.4% 90.7% 12% 45.1%
2004 23.7% 91.8% 11.8% 51.3%
2003 23.5% 95.6% 12% 53%
2002 23.1% 105.1% 13% 51.8%
2001 24% 104.6% 12.9% 50.8%
2000 22.9% 97.2% 11.4% 50.8%
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/nepal | CC BY

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Nepal spent $9.5B, or 22.1% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 48.3% in Nepal, ranking 168/185 and 112/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Nepal
1x
Year Deficit/surplus, % of GDP
Guyana Nepal
2024 -7.31% -2.76%
2023 -5.78% -5.81%
2022 -5.11% -3.12%
2021 -6.94% -3.98%
2020 -7.78% -7.47%
2019 -2.52% -4.27%
2018 -2.52% -5.83%
2017 -3.14% -2.69%
2016 -3.21% 1.2%
2015 -0.75% 0.46%
2014 -3.88% 1.36%
2013 -2.16% 1.57%
2012 -3.11% -1.18%
2011 -2.13% -0.72%
2010 -1.88% -0.67%
2009 -2.5% -2.24%
2008 -2.78% -0.29%
2007 -3.35% -0.67%
2006 -6.16% 0.24%
2005 -6.54% 0.24%
2004 -2.88% -0.14%
2003 -4.81% -0.34%
2002 -2.42% -2.46%
2001 -3.71% -2.35%
2000 -2.27% -1.48%
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/nepal | 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 Nepal's deficit of $1.19B, or 2.76% of GDP.

Over the past 25 years, Guyana recorded a fiscal deficit in 25 of those years, while Nepal ran a deficit in 19 years. On average, Guyana posted an annual deficit equal to 3.83% of GDP, compared to deficit of 1.74% of GDP for Nepal.

Inflation comparison by year

Inflation
Guyana

Nepal
1x
Year Consumer prices inflation
Guyana Nepal
2024 2.5% 4.69%
2023 4.5% 7.12%
2022 6.5% 7.67%
2021 3.3% 4.13%
2020 1.2% 5.06%
2019 2.1% 5.57%
2018 1.3% 4.41%
2017 1.9% 2.78%
2016 0.8% 8.79%
2015 -0.9% 7.87%
2014 0.7% 8.36%
2013 1.9% 9.04%
2012 2.4% 9.46%
2011 4.4% 9.23%
2010 4.3% 9.33%
2009 3% 11.1%
2008 8.1% 9.91%
2007 12.2% 2.27%
2006 6.7% 6.92%
2005 6.9% 6.84%
2004 4.7% 2.84%
2003 6% 5.71%
2002 5.4% 3.03%
2001 2.6% 2.69%
2000 6.1% 2.48%
1999 7.5% 7.45%
1998 4.6% 11.2%
1997 3.6% 4.01%

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/nepal | CC BY

Over the past 28 years, Guyana has recorded an average annual inflation rate of 4.08%, compared with 6.43% in Nepal. In 2024, inflation was 2.5% in Guyana and 4.69% in Nepal.

Balance of trade

Guyana Nepal
Current account balance
$2.35B
2023
$1.68B
2024
Current account balance ranking
43/190
2023
50/190
2024
Current account balance, % of GDP
+13.9%
2023
+3.91%
2024
Goods imports
$6B
2023
$12.1B
2024
Goods exports
$13.2B
2023
$1.54B
2024
Service imports
$4.95B
2023
$2.27B
2024
Service exports
$529M
2023
$1.9B
2024
Imports of goods and services, % of GDP
109.7%
2005
32.9%
2024
Exports of goods and services, % of GDP
84.6%
2005
7.62%
2024

Economic freedom indices

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

Guyana Nepal
Economic freedom 58.7 52.9
Economic freedom ranking 109/197 144/197
Property rights 46.7 38.8
Government integrity 38.8 38.9
Judicial effectiveness 48.6 42.9
Tax burden 76.4 84.3
Government spending 85 82.1
Fiscal health 39.9 71
Business freedom 70.9 60.8
Labor freedom 76 48.2
Monetary freedom 78.5 69.4
Trade freedom 59.2 58.6
Investment freedom 55 10
Financial freedom 30 30

Economic freedom comparison by year

Guyana
Nepal
1x
Year Economic freedom index
Guyana Nepal
2026 58.7 52.9
2025 58.2 52.5
2024 57.3 52.1
2023 56.9 51.4
2022 59.5 49.7
2021 57.4 50.7
2020 56.2 54.2
2019 56.8 53.8
2018 58.7 54.1
2017 58.5 55.1
2016 55.4 50.9
2015 55.5 51.3
2014 55.7 50.1
2013 53.8 50.4
2012 51.3 50.2
2011 49.4 50.1
2010 48.4 52.7
2009 48.4 53.2
2008 48.8 54.1
2007 53.7 54.4
2006 56.6 53.7
2005 56.5 51.4
2004 53 51.2
2003 50.3 51.5
2002 54.3 52.3
2001 53.3 51.6
2000 52.4 51.3
1999 53.3 53.1
1998 52.7 53.5
1997 53.2 53.6
1996 50.1 50.3
1995 45.7 -

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 52.9 for Nepal, ranking 144/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Nepal
Services, % of GDP
14.5%
2024
55.2%
2024
Industry, % of GDP
76%
2024
11.4%
2024
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
21.9%
2024
GNI, Atlas method
$16.7B
2024
$43.7B
2024
GNI per capita, PPP
$52,290
2024
$5,830
2024
Total reserves including gold
$1.01B
2024
$12.5B
2023
Total reserves ranking
141/177
2024
74/177
2023
Net foreign direct investment
$1.14B
2023
-$56.9M
2024
Net inflows of foreign direct investment
$8.63B
2024
$56.9M
2024
Net outflows of foreign direct investment
$5.7M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
1.23%
2024
Poverty at national poverty lines
35%
2020
20.3%
2022
Gross capital formation, % of GDP
32.3%
2005
30.4%
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/nepal | 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.