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Economy of Guyana vs Romania compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $383B for Romania, ranking 120/197 and 42/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $220B (57.4% of GDP) in Romania.

Guyana vs Romania GDP by year

Guyana
Romania
1x
Year GDP, current $
Guyana Romania
2024 $24,662,709,832 $382,564,217,989
2023 $16,918,503,597 $347,757,995,759
2022 $14,718,388,489 $295,319,437,557
2021 $8,041,362,110 $285,071,280,114
2020 $5,471,256,595 $250,625,048,304
2019 $5,173,760,192 $250,080,428,512
2018 $4,787,636,998 $241,791,427,224
2017 $4,748,174,334 $210,147,385,855
2016 $4,482,697,337 $185,290,759,249
2015 $4,279,840,194 $177,885,131,240
2014 $4,127,660,152 $199,722,319,676
2013 $4,167,800,929 $189,798,603,751
2012 $4,063,088,536 $179,117,323,107
2011 $3,691,384,318 $192,623,977,894
2010 $3,432,912,517 $170,064,350,672
2009 $3,165,663,153 $174,110,532,659
2008 $3,025,187,433 $214,315,932,061
2007 $2,730,971,595 $174,588,782,939
2006 $2,379,817,991 $122,023,735,993
2005 $824,880,550 $98,454,380,120
2004 $787,814,379 $74,973,656,852
2003 $743,063,950 $57,806,384,143
2002 $726,131,435 $46,065,502,703
2001 $712,167,450 $40,395,116,581
2000 $712,667,897 $37,253,739,511
1999 $694,754,988 $35,953,156,754
1998 $717,530,683 $41,696,091,974
1997 $749,138,010 $35,575,214,078
1996 $705,406,001 $36,937,074,278
1995 $621,626,786 $37,430,162,103
1994 $540,874,934 $30,072,805,104
1993 $454,101,382 $26,361,160,450
1992 $373,573,141 $25,121,666,667
1991 $348,533,095 $28,850,634,900
1990 $396,582,263 $38,247,882,300
1989 $379,779,390 $41,450,777,202
1988 $413,799,990 $40,424,528,302
1987 $354,591,847 $38,067,567,568
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/romania | CC BY

GDP per capita in Guyana vs Romania by year

Guyana
GDP per capita

GDP per capita, PPP
Romania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Romania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 $20,080 $49,077
2023 $20,474 $54,729 $18,244 $45,982
2022 $17,913 $39,711 $15,504 $41,979
2021 $9,861 $22,866 $14,908 $37,534
2020 $6,776 $16,819 $13,009 $34,194
2019 $6,406 $13,241 $12,910 $33,425
2018 $6,048 $12,443 $12,416 $29,383
2017 $6,179 $12,243 $10,728 $26,943
2016 $5,871 $11,516 $9,405 $23,905
2015 $5,640 $11,408 $8,977 $21,625
2014 $5,473 $11,145 $10,032 $20,633
2013 $5,557 $11,200 $9,498 $19,678
2012 $5,444 $10,627 $8,930 $19,808
2011 $4,947 $10,066 $9,561 $18,804
2010 $4,582 $9,337 $8,400 $17,355
2009 $4,209 $8,824 $8,548 $16,641
2008 $4,009 $8,437 $10,435 $16,782
2007 $3,608 $8,110 $8,360 $13,703
2006 $3,136 $7,346 $5,758 $11,554
2005 $1,084 $6,761 $4,618 $9,602
2004 $1,033 $6,673 $3,495 $8,989
2003 $974 $6,392 $2,679 $7,559
2002 $951 $6,304 $2,120 $7,162
2001 $932 $6,131 $1,825 $6,520
2000 $932 $5,860 $1,660 $5,850
1999 $909 $5,812 $1,600 $5,596
1998 $940 $5,573 $1,853 $5,545
1997 $983 $5,615 $1,577 $5,564
1996 $928 $5,210 $1,633 $5,746
1995 $820 $4,753 $1,650 $5,429
1994 $716 $4,447 $1,323 $4,995
1993 $603 $4,027 $1,158 $4,699
1992 $498 $3,651 $1,102 $4,515
1991 $466 $3,322 $1,254 $4,795
1990 $529 $3,022 $1,648 $5,280
1989 $503 - $1,790 -
1988 $545 - $1,753 -
1987 $464 - $1,659 -
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/romania | CC BY

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $20,080 in Romania, ranking 58/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Romania ranks 47th at $49,077.

Economic indicators

Guyana Romania
Gross domestic product
$24.7B
2024
$383B
2024
GDP rank
120/197
2024
42/197
2024
GDP growth
43.8%
2023-2024
0.92%
2023-2024
GDP per capita
$29,675
2024
$20,080
2024
GDP per capita rank
41/197
2024
58/197
2024
GDP per capita, PPP
$80,155
2024
$49,077
2024
GDP per capita PPP rank
15/197
2024
47/197
2024
Government debt
$5.99B
2024
$220B
2024
Debt-to-GDP ratio
24.3%
2024
57.4%
2024
Government debt per person
$7,213
2024
$11,533
2024
Government debt per person rank
66/185
2024
48/185
2024
Average annual personal income after taxes
$13,212
2026
$13,912
2026
Market capitalization of domestic companies n/a
$47.4B
2024
Number of billionaires n/a
6
2025
Income share by richest 10%
34.4%
1998
21.8%
2023
Income share by poorest 10%
1.1%
1998
2.4%
2023
Government expenditure, % of GDP
23.2%
2024
39.9%
2024
Consumer prices inflation
2.5%
2023-2024
5.6%
2023-2024
Central bank interest rate n/a
6.5%
2024
Unemployment rate
13.2%
2019
5.43%
2024
Population
842249
18839108

Spending and national debt comparison by year

Guyana
Spending

Debt
Romania
Spending

Debt
1x
Year % of GDP
Guyana Romania
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% 39.9% 57.4%
2023 23.7% 26.7% 36.6% 52.1%
2022 20.3% 24.8% 37.4% 51.7%
2021 24.8% 45.7% 37% 51.5%
2020 30.5% 59.5% 38.1% 49.3%
2019 28.1% 54% 33.2% 36.5%
2018 27.6% 47.9% 31.7% 36.2%
2017 26.3% 46.1% 31% 37.1%
2016 25.2% 44% 31.8% 39.5%
2015 21.7% 42.2% 34.2% 39.4%
2014 23.1% 38.7% 33.8% 40.5%
2013 21.4% 41.4% 34.2% 39.3%
2012 21.8% 44.7% 33.5% 36.2%
2011 23.5% 51.7% 35% 32.6%
2010 23.9% 53.1% 37.4% 30.2%
2009 25.4% 52.3% 36.3% 22.5%
2008 24.1% 48.2% 35.3% 13%
2007 25.5% 47.7% 34.6% 12.4%
2006 29% 74.5% 33.9% 12.7%
2005 28.4% 90.7% 32.3% 17.8%
2004 23.7% 91.8% 33.7% 21.3%
2003 23.5% 95.6% 31.8% 24.9%
2002 23.1% 105.1% 32.1% 27.4%
2001 24% 104.6% 33.2% 27.4%
2000 22.9% 97.2% 35% 29.6%
1999 17.6% 97.1% 35.1% 21.7%
1998 19.7% 108% 34.7% 16.5%
1997 20.9% 101.3% 33.5% 15%
1996 - - 33.5% 11%
1995 - - 34.4% 6.91%
1994 - - 33.1% -
1993 - - 33.5% -
1992 - - 41.5% -
1991 - - 38.3% -
1990 - - 38.4% -
1989 - - 40.1% -
1988 - - 36.6% -
1987 - - 40.7% -
1986 - - 42.5% -
1985 - - 41.6% -
1984 - - 28.6% -
1983 - - 25.8% -
1982 - - 28.5% -
1981 - - 30.4% -
1980 - - 33.6% -
1979 - - 42% -
1978 - - 42.1% -
1977 - - 39.9% -
1976 - - 37.5% -
1975 - - 40.6% -
1974 - - 37.6% -
1973 - - 32.6% -
1972 - - 29.9% -
1971 - - 27.2% -
1970 - - 28.1% -
1969 - - 32.1% -
1968 - - 31.8% -
1967 - - 30.6% -
1966 - - 27.3% -
1965 - - 25.6% -
1964 - - 25.1% -
1963 - - 23.1% -
1962 - - 43.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-02-20).

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

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Romania spent $153B, or 39.9% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 57.4% in Romania, ranking 168/185 and 87/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Romania
1x
Year Deficit/surplus, % of GDP
Guyana Romania
2024 -7.31% -8.68%
2023 -5.78% -5.61%
2022 -5.11% -5.83%
2021 -6.94% -6.7%
2020 -7.78% -9.54%
2019 -2.52% -4.55%
2018 -2.52% -2.74%
2017 -3.14% -2.86%
2016 -3.21% -2.5%
2015 -0.75% -1.35%
2014 -3.88% -1.76%
2013 -2.16% -2.44%
2012 -3.11% -2.39%
2011 -2.13% -4.14%
2010 -1.88% -6.22%
2009 -2.5% -6.86%
2008 -2.78% -4.6%
2007 -3.35% -3.05%
2006 -6.16% -1.36%
2005 -6.54% -0.69%
2004 -2.88% -3.39%
2003 -4.81% -2.29%
2002 -2.42% -2.59%
2001 -3.71% -3.2%
2000 -2.27% -3.99%
1999 -0.47% -3.58%
1998 -2.67% -5.33%
1997 -1.7% -5.19%
1996 - -4.74%
1995 - -3.32%
1994 - -2.2%
1993 - -0.35%
1992 - -4.55%
1991 - 3.23%
1990 - 1.03%
1989 - -2.87%
1988 - 8.4%
1987 - 2.37%
1986 - 5.72%
1985 - 6.36%
1984 - 15.2%
1983 - 9.35%
1982 - 0.36%
1981 - 0.61%
1980 - -1.95%
1979 - 0%
1978 - 0%
1977 - 0.23%
1976 - 0.66%
1975 - 0.41%
1974 - 0.51%
1973 - 1.53%
1972 - 1.21%
1971 - 0.89%
1970 - 0.52%
1969 - 0.93%
1968 - 1.65%
1967 - 1.23%
1966 - 0.91%
1965 - -1.29%
1964 - -3.11%
1963 - -1.61%
1962 - -4.86%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1989, retrieved 2026-02-20).

GeoRank.org/economy/guyana/romania | 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 Romania's deficit of $33.2B, or 8.68% of GDP.

Over the past 28 years, Guyana recorded a fiscal deficit in 28 of those years, while Romania ran a deficit in 28 years. On average, Guyana posted an annual deficit equal to 3.59% of GDP, compared to deficit of 4.05% of GDP for Romania.

Inflation comparison by year

Inflation
Guyana

Romania
1x
Year Consumer prices inflation
Guyana Romania
2024 2.5% 5.6%
2023 4.5% 10.4%
2022 6.5% 13.8%
2021 3.3% 5%
2020 1.2% 2.6%
2019 2.1% 3.8%
2018 1.3% 4.6%
2017 1.9% 1.3%
2016 0.8% -1.6%
2015 -0.9% -0.6%
2014 0.7% 1.1%
2013 1.9% 4%
2012 2.4% 3.3%
2011 4.4% 5.8%
2010 4.3% 6.1%
2009 3% 5.6%
2008 8.1% 7.8%
2007 12.2% 4.8%
2006 6.7% 6.6%
2005 6.9% 9%
2004 4.7% 11.9%
2003 6% 15.4%
2002 5.4% 22.5%
2001 2.6% 34.5%
2000 6.1% 45.7%
1999 7.5% 45.8%
1998 4.6% 59.1%
1997 3.6% 154.8%

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

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

Over the past 28 years, Guyana has recorded an average annual inflation rate of 4.08%, compared with 17.5% in Romania. In 2024, inflation was 2.5% in Guyana and 5.6% in Romania.

Top exports between countries

Guyana
Export category Export value
Raw materials & minerals $310M
Raw agricultural goods $192K
Machinery & equipment $111K
Metals $45K
Textiles & consumer goods $3K
Romania
Export category Export value
Metals $556K
Machinery & equipment $426K
Raw materials & minerals $130K
Textiles & consumer goods $31K
Chemicals & pharma $12K
Wood & paper products $2K
Miscellaneous $1K

Balance of trade

Guyana Romania
Current account balance
$2.35B
2023
-$31.2B
2024
Current account balance ranking
43/190
2023
185/190
2024
Current account balance, % of GDP
+13.9%
2023
-8.16%
2024
Goods imports
$6B
2023
$129B
2024
Goods exports
$13.2B
2023
$93.3B
2024
Service imports
$4.95B
2023
$30.2B
2024
Service exports
$529M
2023
$42.9B
2024
Imports of goods and services, % of GDP
109.7%
2005
41.6%
2024
Exports of goods and services, % of GDP
84.6%
2005
35.6%
2024

Economic freedom indices

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

Guyana Romania
Economic freedom 58.7 65.4
Economic freedom ranking 109/197 64/197
Property rights 46.7 81
Government integrity 38.8 50
Judicial effectiveness 48.6 67
Tax burden 76.4 89.1
Government spending 85 56.7
Fiscal health 39.9 21.4
Business freedom 70.9 74.4
Labor freedom 76 63.6
Monetary freedom 78.5 72.7
Trade freedom 59.2 79.4
Investment freedom 55 70
Financial freedom 30 60

Economic freedom comparison by year

Guyana
Romania
1x
Year Economic freedom index
Guyana Romania
2026 58.7 65.4
2025 58.2 66.5
2024 57.3 64.4
2023 56.9 64.5
2022 59.5 67.1
2021 57.4 69.5
2020 56.2 69.7
2019 56.8 68.6
2018 58.7 69.4
2017 58.5 69.7
2016 55.4 65.6
2015 55.5 66.6
2014 55.7 65.5
2013 53.8 65.1
2012 51.3 64.4
2011 49.4 64.7
2010 48.4 64.2
2009 48.4 63.2
2008 48.8 61.7
2007 53.7 61.2
2006 56.6 58.2
2005 56.5 52.1
2004 53 50
2003 50.3 50.6
2002 54.3 48.7
2001 53.3 50
2000 52.4 52.1
1999 53.3 50.1
1998 52.7 54.4
1997 53.2 50.8
1996 50.1 46.2
1995 45.7 42.9

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 65.4 for Romania, ranking 64/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Romania
Services, % of GDP
14.5%
2024
62.6%
2024
Industry, % of GDP
76%
2024
25.3%
2024
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
2.81%
2024
GNI, Atlas method
$16.7B
2024
$335B
2024
GNI per capita, PPP
$52,290
2024
$47,920
2024
Total reserves including gold
$1.01B
2024
$73.4B
2024
Total reserves ranking
141/177
2024
35/177
2024
Net foreign direct investment
$1.14B
2023
-$5.17B
2024
Net inflows of foreign direct investment
$8.63B
2024
$7.16B
2024
Net outflows of foreign direct investment
$5.7M
2024
$1.99B
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
n/a
Poverty at national poverty lines
35%
2020
19%
2023
Gross capital formation, % of GDP
32.3%
2005
25%
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/romania | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (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.