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Economy of Guyana vs Niger compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $19.9B for Niger, ranking 120/197 and 130/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $9.39B (47.2% of GDP) in Niger.

Guyana vs Niger GDP by year

Guyana
Niger
1x
Year GDP, current $
Guyana Niger
2024 $24,662,709,832 $19,876,128,486
2023 $16,918,503,597 $16,698,786,978
2022 $14,718,388,489 $15,433,852,712
2021 $8,041,362,110 $14,915,002,436
2020 $5,471,256,595 $13,744,653,103
2019 $5,173,760,192 $12,889,555,561
2018 $4,787,636,998 $12,837,307,497
2017 $4,748,174,334 $11,185,104,252
2016 $4,482,697,337 $10,398,861,982
2015 $4,279,840,194 $9,683,867,926
2014 $4,127,660,152 $10,862,943,544
2013 $4,167,800,929 $10,224,897,438
2012 $4,063,088,536 $9,426,912,648
2011 $3,691,384,318 $8,772,950,778
2010 $3,432,912,517 $7,851,192,502
2009 $3,165,663,153 $7,352,131,310
2008 $3,025,187,433 $7,297,600,226
2007 $2,730,971,595 $5,731,485,052
2006 $2,379,817,991 $4,756,361,252
2005 $824,880,550 $4,383,315,965
2004 $787,814,379 $3,760,443,738
2003 $743,063,950 $3,394,084,732
2002 $726,131,435 $2,782,192,879
2001 $712,167,450 $2,448,714,704
2000 $712,667,897 $2,241,753,193
1999 $694,754,988 $2,537,789,821
1998 $717,530,683 $2,643,363,519
1997 $749,138,010 $2,290,318,910
1996 $705,406,001 $2,405,686,940
1995 $621,626,786 $2,302,537,562
1994 $540,874,934 $1,938,058,175
1993 $454,101,382 $3,052,673,849
1992 $373,573,141 $3,386,232,579
1991 $348,533,095 $3,285,796,875
1990 $396,582,263 $3,512,356,508
1989 $379,779,390 $2,179,567,114
1988 $413,799,990 $2,280,356,193
1987 $354,591,847 $2,233,006,105
1986 $504,651,140 $1,904,096,998
1985 $453,488,372 $1,440,581,652
1984 $437,631,605 $1,461,243,326
1983 $489,333,333 $1,803,099,561
1982 $482,000,000 $2,017,612,216
1981 $570,357,107 $2,170,893,414
1980 $603,200,000 $2,508,524,721
1979 $530,440,000 $2,109,277,666
1978 $507,080,000 $1,774,365,590
1977 $449,880,000 $1,291,458,041
1976 $454,440,000 $1,064,517,601
1975 $494,791,667 $1,048,690,933
1974 $433,954,545 $1,026,137,111
1973 $307,047,619 $946,385,105
1972 $285,380,952 $742,779,661
1971 $282,050,000 $693,573,704
1970 $267,800,000 $649,916,621
1969 $249,300,000 $625,867,985
1968 $229,750,000 $641,214,226
1967 $250,176,471 $665,586,872
1966 $228,705,882 $702,296,079
1965 $213,235,294 $673,383,511
1964 $194,774,513 $582,816,396
1963 $175,757,894 $586,294,879
1962 $194,949,513 $531,736,599
1961 $185,849,535 $485,785,231
1960 $170,216,241 $449,526,873

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

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

GDP per capita in Guyana vs Niger by year

Guyana
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 $735 $2,050
2023 $20,474 $54,729 $638 $1,875
2022 $17,913 $39,711 $610 $1,840
2021 $9,861 $22,866 $609 $1,586
2020 $6,776 $16,819 $580 $1,497
2019 $6,406 $13,241 $562 $1,419
2018 $6,048 $12,443 $579 $1,276
2017 $6,179 $12,243 $522 $1,208
2016 $5,871 $11,516 $503 $1,189
2015 $5,640 $11,408 $486 $1,172
2014 $5,473 $11,145 $565 $1,161
2013 $5,557 $11,200 $552 $1,138
2012 $5,444 $10,627 $529 $1,162
2011 $4,947 $10,066 $511 $1,064
2010 $4,582 $9,337 $474 $1,058
2009 $4,209 $8,824 $461 $999
2008 $4,009 $8,437 $475 $1,010
2007 $3,608 $8,110 $387 $955
2006 $3,136 $7,346 $333 $935
2005 $1,084 $6,761 $319 $888
2004 $1,033 $6,673 $283.5 $832
2003 $974 $6,392 $265.2 $837
2002 $951 $6,304 $225.3 $832
2001 $932 $6,131 $205.4 $809
2000 $932 $5,860 $194.8 $764
1999 $909 $5,812 $228.3 $783
1998 $940 $5,573 $246.1 $801
1997 $983 $5,615 $220.6 $745
1996 $928 $5,210 $239.5 $746
1995 $820 $4,753 $237 $757
1994 $716 $4,447 $206.2 $748
1993 $603 $4,027 $335 $742
1992 $498 $3,651 $384 $746
1991 $466 $3,322 $384 $738
1990 $529 $3,022 $424 $739
1989 $503 - $271.3 -
1988 $545 - $292.6 -
1987 $464 - $295.3 -
1986 $657 - $259.6 -
1985 $588 - $202.4 -
1984 $565 - $211.5 -
1983 $631 - $268.8 -
1982 $621 - $310 -
1981 $735 - $343 -
1980 $779 - $409 -
1979 $689 - $354 -
1978 $663 - $307 -
1977 $593 - $229.8 -
1976 $604 - $194.8 -
1975 $664 - $197.2 -
1974 $588 - $198.3 -
1973 $421 - $187.9 -
1972 $395 - $151.4 -
1971 $396 - $145.2 -
1970 $381 - $139.8 -
1969 $361 - $138.3 -
1968 $340 - $145.6 -
1967 $378 - $155.4 -
1966 $353 - $168.6 -
1965 $336 - $166.3 -
1964 $313 - $148.1 -
1963 $288.8 - $153.3 -
1962 $327 - $143.2 -
1961 $319 - $134.6 -
1960 $299.1 - $128.3 -

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

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

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $735 in Niger, ranking 187/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Niger ranks 186th at $2,050.

Economic indicators

Guyana Niger
Gross domestic product
$24.7B
2024
$19.9B
2024
GDP rank
120/197
2024
130/197
2024
GDP growth
43.8%
2023-2024
10.3%
2023-2024
GDP per capita
$29,675
2024
$735
2024
GDP per capita rank
41/197
2024
187/197
2024
GDP per capita, PPP
$80,155
2024
$2,050
2024
GDP per capita PPP rank
15/197
2024
186/197
2024
Government debt
$5.99B
2024
$9.39B
2024
Debt-to-GDP ratio
24.3%
2024
47.2%
2024
Government debt per person
$7,213
2024
$347
2024
Government debt per person rank
66/185
2024
173/185
2024
Average annual personal income after taxes
$13,212
2026
$1,163
2026
Income share by richest 10%
34.4%
1998
27.8%
2021
Income share by poorest 10%
1.1%
1998
3.8%
2021
Government expenditure, % of GDP
23.2%
2024
13.4%
2024
Consumer prices inflation
2.5%
2023-2024
9.07%
2023-2024
Unemployment rate
13.2%
2019
0.4%
2022
Population
842249
29080898

Spending and national debt comparison by year

Guyana
Spending

Debt
Niger
Spending

Debt
1x
Year % of GDP
Guyana Niger
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% 13.4% 47.2%
2023 23.7% 26.7% 15.8% 51.8%
2022 20.3% 24.8% 21.6% 50.6%
2021 24.8% 45.7% 24.3% 51.3%
2020 30.5% 59.5% 22.4% 45%
2019 28.1% 54% 21.6% 39.8%
2018 27.6% 47.9% 21.2% 37%
2017 26.3% 46.1% 19.5% 36.5%
2016 25.2% 44% 19.4% 32.8%
2015 21.7% 42.2% 24.2% 29.9%
2014 23.1% 38.7% 23.6% 22.1%
2013 21.4% 41.4% 20.4% 19.6%
2012 21.8% 44.7% 16.6% 18.1%
2011 23.5% 51.7% 15.3% 14.7%
2010 23.9% 53.1% 14.3% 15.1%
2009 25.4% 52.3% 17.7% 15.9%
2008 24.1% 48.2% 16.9% 14.2%
2007 25.5% 47.7% 17.4% 17.8%
2006 29% 74.5% 15.2% 18.3%
2005 28.4% 90.7% 15.6% 49.5%
2004 23.7% 91.8% 16.1% 55%
2003 23.5% 95.6% 14% 60.6%
2002 23.1% 105.1% 14.4% 69%
2001 24% 104.6% 13.7% 74%
2000 22.9% 97.2% 13.5% 82.1%
1999 17.6% 97.1% 15% 63.3%
1998 19.7% 108% 13.6% 61.3%
1997 20.9% 101.3% 12.9% 69.1%
1996 - - 10.9% 63.5%
1995 - - 12.5% 69.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Niger spent $2.67B, or 13.4% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 47.2% in Niger, ranking 168/185 and 114/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Niger
1x
Year Deficit/surplus, % of GDP
Guyana Niger
2024 -7.31% -4.27%
2023 -5.78% -5.37%
2022 -5.11% -6.77%
2021 -6.94% -6.1%
2020 -7.78% -4.82%
2019 -2.52% -3.56%
2018 -2.52% -3.01%
2017 -3.14% -4.12%
2016 -3.21% -4.46%
2015 -0.75% -6.75%
2014 -3.88% -6.12%
2013 -2.16% -1.93%
2012 -3.11% -0.83%
2011 -2.13% -2.19%
2010 -1.88% -0.99%
2009 -2.5% -3.93%
2008 -2.78% 1.11%
2007 -3.35% -0.75%
2006 -6.16% 31%
2005 -6.54% -1.53%
2004 -2.88% -2.76%
2003 -4.81% -2.17%
2002 -2.42% -2.21%
2001 -3.71% -2.59%
2000 -2.27% -2.83%
1999 -0.47% -4.27%
1998 -2.67% -2.23%
1997 -1.7% -2.39%
1996 - -0.36%
1995 - -3.19%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/guyana/niger | 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 Niger's deficit of $848M, or 4.27% of GDP.

Over the past 28 years, Guyana recorded a fiscal deficit in 28 of those years, while Niger ran a deficit in 26 years. On average, Guyana posted an annual deficit equal to 3.59% of GDP, compared to deficit of 2.03% of GDP for Niger.

Inflation comparison by year

Inflation
Guyana

Niger
1x
Year Consumer prices inflation
Guyana Niger
2024 2.5% 9.07%
2023 4.5% 3.7%
2022 6.5% 4.23%
2021 3.3% 3.84%
2020 1.2% 2.9%
2019 2.1% -2.49%
2018 1.3% 2.97%
2017 1.9% 2.8%
2016 0.8% 1.65%
2015 -0.9% -0.58%
2014 0.7% -0.93%
2013 1.9% 2.3%
2012 2.4% 0.46%
2011 4.4% 2.94%
2010 4.3% 0.8%
2009 3% 0.58%
2008 8.1% 11.3%
2007 12.2% 0.05%
2006 6.7% 0.04%
2005 6.9% 7.8%
2004 4.7% 0.26%
2003 6% -1.61%
2002 5.4% 2.63%
2001 2.6% 4.01%
2000 6.1% 2.9%
1999 7.5% -2.3%
1998 4.6% 4.55%
1997 3.6% 2.93%

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/niger | CC BY

Over the past 28 years, Guyana has recorded an average annual inflation rate of 4.08%, compared with 2.39% in Niger. In 2024, inflation was 2.5% in Guyana and 9.07% in Niger.

Balance of trade

Guyana Niger
Current account balance
$2.35B
2023
-$2.33B
2023
Current account balance ranking
43/190
2023
146/190
2023
Current account balance, % of GDP
+13.9%
2023
-14%
2023
Goods imports
$6B
2023
$2.59B
2023
Goods exports
$13.2B
2023
$992M
2023
Service imports
$4.95B
2023
$1.22B
2023
Service exports
$529M
2023
$231M
2023
Imports of goods and services, % of GDP
109.7%
2005
22.7%
2024
Exports of goods and services, % of GDP
84.6%
2005
27.3%
2024

Economic freedom indices

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

Guyana Niger
Economic freedom 58.7 51
Economic freedom ranking 109/197 156/197
Property rights 46.7 16.6
Government integrity 38.8 33.9
Judicial effectiveness 48.6 28
Tax burden 76.4 78.2
Government spending 85 91.4
Fiscal health 39.9 47.6
Business freedom 70.9 32.4
Labor freedom 76 54.7
Monetary freedom 78.5 67.9
Trade freedom 59.2 65.8
Investment freedom 55 55
Financial freedom 30 40

Economic freedom comparison by year

Guyana
Niger
1x
Year Economic freedom index
Guyana Niger
2026 58.7 51
2025 58.2 51.5
2024 57.3 52.3
2023 56.9 53.7
2022 59.5 54.9
2021 57.4 57.3
2020 56.2 54.7
2019 56.8 51.6
2018 58.7 49.5
2017 58.5 50.8
2016 55.4 54.3
2015 55.5 54.6
2014 55.7 55.1
2013 53.8 53.9
2012 51.3 54.3
2011 49.4 54.3
2010 48.4 52.9
2009 48.4 53.8
2008 48.8 52.9
2007 53.7 53.2
2006 56.6 52.5
2005 56.5 54.1
2004 53 54.6
2003 50.3 54.2
2002 54.3 48.2
2001 53.3 48.9
2000 52.4 45.9
1999 53.3 48.6
1998 52.7 47.5
1997 53.2 46.6
1996 50.1 45.8
1995 45.7 -

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Niger
Services, % of GDP
14.5%
2024
45%
2024
Industry, % of GDP
76%
2024
17.6%
2024
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
34.5%
2024
GNI, Atlas method
$16.7B
2024
$18.3B
2024
GNI per capita, PPP
$52,290
2024
$2,030
2024
Total reserves including gold
$1.01B
2024
n/a
Total reserves ranking
141/177
2024
n/a
Net foreign direct investment
$1.14B
2023
-$1.02B
2023
Net inflows of foreign direct investment
$8.63B
2024
$358M
2024
Net outflows of foreign direct investment
$5.7M
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
1.94%
2024
Poverty at national poverty lines
35%
2020
41.2%
2021
Gross capital formation, % of GDP
32.3%
2005
22.1%
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/niger | 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 (1995–2024, 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.