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Economy of Guyana vs Saint Vincent compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $1.16B for Saint Vincent, ranking 120/197 and 186/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $1.07B (92.7% of GDP) in Saint Vincent.

Guyana vs Saint Vincent GDP by year

Guyana
Saint Vincent
1x
Year GDP, current $
Guyana Saint Vincent
2024 $24,662,709,832 $1,157,207,407
2023 $16,918,503,597 $1,072,237,037
2022 $14,718,388,489 $989,188,889
2021 $8,041,362,110 $888,677,778
2020 $5,471,256,595 $864,566,667
2019 $5,173,760,192 $910,481,481
2018 $4,787,636,998 $884,329,630
2017 $4,748,174,334 $844,040,741
2016 $4,482,697,337 $814,303,704
2015 $4,279,840,194 $786,555,556
2014 $4,127,660,152 $770,900,000
2013 $4,167,800,929 $764,781,259
2012 $4,063,088,536 $730,032,593
2011 $3,691,384,318 $713,796,370
2010 $3,432,912,517 $720,447,889
2009 $3,165,663,153 $714,300,259
2008 $3,025,187,433 $732,663,259
2007 $2,730,971,595 $713,596,667
2006 $2,379,817,991 $643,501,148
2005 $824,880,550 $579,948,926
2004 $787,814,379 $549,900,185
2003 $743,063,950 $509,090,889
2002 $726,131,435 $487,763,852
2001 $712,167,450 $462,072,333
2000 $712,667,897 $427,946,037
1999 $694,754,988 $390,718,519
1998 $717,530,683 $373,618,519
1997 $749,138,010 $347,770,370
1996 $705,406,001 $331,488,889
1995 $621,626,786 $316,007,407
1994 $540,874,934 $289,437,037
1993 $454,101,382 $286,307,407
1992 $373,573,141 $277,955,556
1991 $348,533,095 $254,829,630
1990 $396,582,263 $240,366,667
1989 $379,779,390 $214,745,002
1988 $413,799,990 $200,726,713
1987 $354,591,847 $175,580,647
1986 $504,651,140 $160,846,657
1985 $453,488,372 $145,641,705
1984 $437,631,605 $135,024,988
1983 $489,333,333 $122,255,350
1982 $482,000,000 $113,759,203
1981 $570,357,107 $102,086,539
1980 $603,200,000 $82,340,340
1979 $530,440,000 $71,096,360
1978 $507,080,000 $60,844,771
1977 $449,880,000 $49,353,162
1976 $454,440,000 $32,792,845
1975 $494,791,667 $33,237,226
1974 $433,954,545 $32,923,703
1973 $307,047,619 $30,165,081
1972 $285,380,952 $27,585,805
1971 $282,050,000 $20,051,922
1970 $267,800,000 $18,450,000
1969 $249,300,000 $16,650,000
1968 $229,750,000 $15,350,000
1967 $250,176,471 $15,835,106
1966 $228,705,882 $16,099,960
1965 $213,235,294 $15,108,296
1964 $194,774,513 $14,758,296
1963 $175,757,894 $13,708,299
1962 $194,949,513 $14,524,964
1961 $185,849,535 $13,999,965
1960 $170,216,241 $13,066,634

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

GeoRank.org/economy/guyana/saint-vincent | CC BY

GDP per capita in Guyana vs Saint Vincent by year

Guyana
GDP per capita

GDP per capita, PPP
Saint Vincent
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Saint Vincent
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 $11,501 $21,272
2023 $20,474 $54,729 $10,582 $19,820
2022 $17,913 $39,711 $9,694 $18,035
2021 $9,861 $22,866 $8,641 $16,201
2020 $6,776 $16,819 $8,351 $15,337
2019 $6,406 $13,241 $8,741 $15,340
2018 $6,048 $12,443 $8,428 $14,690
2017 $6,179 $12,243 $7,988 $13,575
2016 $5,871 $11,516 $7,657 $13,493
2015 $5,640 $11,408 $7,354 $12,379
2014 $5,473 $11,145 $7,169 $12,136
2013 $5,557 $11,200 $7,072 $11,625
2012 $5,444 $10,627 $6,714 $10,989
2011 $4,947 $10,066 $6,528 $10,774
2010 $4,582 $9,337 $6,552 $10,561
2009 $4,209 $8,824 $6,464 $10,869
2008 $4,009 $8,437 $6,599 $10,902
2007 $3,608 $8,110 $6,398 $10,604
2006 $3,136 $7,346 $5,745 $9,949
2005 $1,084 $6,761 $5,157 $8,986
2004 $1,033 $6,673 $4,873 $8,472
2003 $974 $6,392 $4,500 $7,903
2002 $951 $6,304 $4,303 $7,250
2001 $932 $6,131 $4,071 $6,768
2000 $932 $5,860 $3,769 $6,503
1999 $909 $5,812 $3,447 $6,266
1998 $940 $5,573 $3,301 $6,026
1997 $983 $5,615 $3,074 $5,726
1996 $928 $5,210 $2,930 $5,440
1995 $820 $4,753 $2,795 $5,277
1994 $716 $4,447 $2,563 $4,802
1993 $603 $4,027 $2,540 $4,769
1992 $498 $3,651 $2,471 $4,477
1991 $466 $3,322 $2,271 $4,126
1990 $529 $3,022 $2,150 $3,960
1989 $503 - $1,930 -
1988 $545 - $1,814 -
1987 $464 - $1,596 -
1986 $657 - $1,472 -
1985 $588 - $1,342 -
1984 $565 - $1,254 -
1983 $631 - $1,144 -
1982 $621 - $1,074 -
1981 $735 - $972 -
1980 $779 - $790 -
1979 $689 - $687 -
1978 $663 - $592 -
1977 $593 - $484 -
1976 $604 - $324 -
1975 $664 - $331 -
1974 $588 - $331 -
1973 $421 - $306 -
1972 $395 - $282.1 -
1971 $396 - $207 -
1970 $381 - $192.3 -
1969 $361 - $175.2 -
1968 $340 - $163.1 -
1967 $378 - $170 -
1966 $353 - $174.9 -
1965 $336 - $166.2 -
1964 $313 - $164.4 -
1963 $288.8 - $154.9 -
1962 $327 - $166.5 -
1961 $319 - $163 -
1960 $299.1 - $154.8 -

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

GeoRank.org/economy/guyana/saint-vincent | CC BY

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $11,501 in Saint Vincent, ranking 81/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Saint Vincent ranks 92nd at $21,272.

Economic indicators

Guyana Saint Vincent
Gross domestic product
$24.7B
2024
$1.16B
2024
GDP rank
120/197
2024
186/197
2024
GDP growth
43.8%
2023-2024
4.06%
2023-2024
GDP per capita
$29,675
2024
$11,501
2024
GDP per capita rank
41/197
2024
81/197
2024
GDP per capita, PPP
$80,155
2024
$21,272
2024
GDP per capita PPP rank
15/197
2024
92/197
2024
Government debt
$5.99B
2024
$1.07B
2024
Debt-to-GDP ratio
24.3%
2024
92.7%
2024
Government debt per person
$7,213
2024
$10,659
2024
Government debt per person rank
66/185
2024
56/185
2024
Average annual personal income after taxes
$13,212
2026
$12,573
2026
Income share by richest 10%
34.4%
1998
n/a
Income share by poorest 10%
1.1%
1998
n/a
Government expenditure, % of GDP
23.2%
2024
39.1%
2024
Consumer prices inflation
2.5%
2023-2024
3.63%
2023-2024
Unemployment rate
13.2%
2019
18.8%
2008
Population
842249
99237

Spending and national debt comparison by year

Guyana
Spending

Debt
Saint Vincent
Spending

Debt
1x
Year % of GDP
Guyana Saint Vincent
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% 39.1% 92.7%
2023 23.7% 26.7% 38.9% 89.4%
2022 20.3% 24.8% 36.6% 86.3%
2021 24.8% 45.7% 37.2% 88.4%
2020 30.5% 59.5% 32.9% 80.2%
2019 28.1% 54% 29.2% 68.2%
2018 27.6% 47.9% 26.3% 69.4%
2017 26.3% 46.1% 26.6% 69%
2016 25.2% 44% 27.1% 79.4%
2015 21.7% 42.2% 27.6% 75.1%
2014 23.1% 38.7% 30.4% 75%
2013 21.4% 41.4% 29.4% 69.9%
2012 21.8% 44.7% 26.5% 68.1%
2011 23.5% 51.7% 29.4% 64%
2010 23.9% 53.1% 31.1% 61.1%
2009 25.4% 52.3% 31% 57.2%
2008 24.1% 48.2% 28.4% 50.3%
2007 25.5% 47.7% 27.1% 48.5%
2006 29% 74.5% 26.1% 44.7%
2005 28.4% 90.7% 26.7% 50.5%
2004 23.7% 91.8% 24.9% 58.6%
2003 23.5% 95.6% 26% 55.3%
2002 23.1% 105.1% 25.7% 53.2%
2001 24% 104.6% 24.4% 52%
2000 22.9% 97.2% 23.8% 54.3%
1999 17.6% 97.1% 25.2% 52.9%
1998 19.7% 108% 25.2% 39.5%
1997 20.9% 101.3% 26% 38.8%
1996 - - 20.9% 40.7%
1995 - - 19.9% 46.8%
1994 - - 22.4% 52.8%
1993 - - 22.3% 48.1%
1992 - - 25.4% 49.6%
1991 - - 25.5% 52.1%
1990 - - 23.1% 53.9%
1989 - - 27.6% -
1988 - - 24.8% -
1987 - - 23.7% -
1986 - - 22.3% -
1985 - - 21.4% -
1984 - - 23.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-02-20).

GeoRank.org/economy/guyana/saint-vincent | CC BY

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Saint Vincent spent $453M, or 39.1% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 92.7% in Saint Vincent, ranking 168/185 and 29/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Saint Vincent
1x
Year Deficit/surplus, % of GDP
Guyana Saint Vincent
2024 -7.31% -12.9%
2023 -5.78% -12%
2022 -5.11% -9.35%
2021 -6.94% -7.19%
2020 -7.78% -5.92%
2019 -2.52% -3.45%
2018 -2.52% -1.65%
2017 -3.14% -1.56%
2016 -3.21% 0.04%
2015 -0.75% -2.01%
2014 -3.88% -2.82%
2013 -2.16% -5.81%
2012 -3.11% -1.81%
2011 -2.13% -3.5%
2010 -1.88% -3.7%
2009 -2.5% -2.85%
2008 -2.78% -1.3%
2007 -3.35% -3.07%
2006 -6.16% -3.13%
2005 -6.54% -4.3%
2004 -2.88% -2.71%
2003 -4.81% -2.51%
2002 -2.42% -2%
2001 -3.71% -1.6%
2000 -2.27% -0.82%
1999 -0.47% -1.93%
1998 -2.67% -1.81%
1997 -1.7% -2.77%
1996 - 1.57%
1995 - 1.08%
1994 - 0.12%
1993 - -1.46%
1992 - -3.25%
1991 - -0.47%
1990 - 1.69%
1989 - -1.92%
1988 - 0.59%
1987 - 1.1%
1986 - 2.32%
1985 - 4.23%
1984 - 2.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-02-20).

GeoRank.org/economy/guyana/saint-vincent | 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 Saint Vincent's deficit of $149M, or 12.9% of GDP.

Over the past 28 years, Guyana recorded a fiscal deficit in 28 of those years, while Saint Vincent ran a deficit in 27 years. On average, Guyana posted an annual deficit equal to 3.59% of GDP, compared to deficit of 3.73% of GDP for Saint Vincent.

Inflation comparison by year

Inflation
Guyana

Saint Vincent
1x
Year Consumer prices inflation
Guyana Saint Vincent
2024 2.5% 3.63%
2023 4.5% 4.56%
2022 6.5% 5.66%
2021 3.3% 1.57%
2020 1.2% -0.63%
2019 2.1% 0.91%
2018 1.3% 2.32%
2017 1.9% 2.15%
2016 0.8% -0.15%
2015 -0.9% -1.73%
2014 0.7% 0.19%
2013 1.9% 0.81%
2012 2.4% 2.6%
2011 4.4% 3.19%
2010 4.3% 0.75%
2009 3% 0.42%
2008 8.1% 10.1%
2007 12.2% 7.24%
2006 6.7% 2.74%
2005 6.9% 3.73%
2004 4.7% 2.96%
2003 6% 0.21%
2002 5.4% 1.86%
2001 2.6% 0.9%
2000 6.1% 0.17%
1999 7.5% 1.01%
1998 4.6% 2.14%
1997 3.6% 0.44%

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/saint-vincent | CC BY

Over the past 28 years, Guyana has recorded an average annual inflation rate of 4.08%, compared with 2.13% in Saint Vincent. In 2024, inflation was 2.5% in Guyana and 3.63% in Saint Vincent.

Top exports between countries

Guyana
Export category Export value
Raw agricultural goods $2.27M
Processed food, beverages & tobacco $1.47M
Wood & paper products $788K
Textiles & consumer goods $453K
Machinery & equipment $163K
Raw materials & minerals $156K
Chemicals & pharma $145K
Animal & marine products $9K
Precious metals & jewellery $4K
Metals $1K
Saint Vincent
Export category Export value
Wood & paper products $77K
Processed food, beverages & tobacco $73K
Machinery & equipment $44K
Metals $10K
Textiles & consumer goods $9K
Chemicals & pharma $4K
Raw agricultural goods $2K
Raw materials & minerals $2K

Balance of trade

Guyana Saint Vincent
Current account balance
$2.35B
2023
-$157M
2024
Current account balance ranking
43/190
2023
93/190
2024
Current account balance, % of GDP
+13.9%
2023
-13.5%
2024
Goods imports
$6B
2023
$445M
2024
Goods exports
$13.2B
2023
$59.2M
2024
Service imports
$4.95B
2023
$196M
2024
Service exports
$529M
2023
$366M
2024
Imports of goods and services, % of GDP
109.7%
2005
n/a
Exports of goods and services, % of GDP
84.6%
2005
15.3%
2025

Economic freedom indices

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

Guyana Saint Vincent
Economic freedom 58.7 60
Economic freedom ranking 109/197 98/197
Property rights 46.7 65.2
Government integrity 38.8 63.3
Judicial effectiveness 48.6 76.9
Tax burden 76.4 82
Government spending 85 56.2
Fiscal health 39.9 2.8
Business freedom 70.9 67.3
Labor freedom 76 60.1
Monetary freedom 78.5 77.3
Trade freedom 59.2 58.8
Investment freedom 55 70
Financial freedom 30 40

Economic freedom comparison by year

Guyana
Saint Vincent
1x
Year Economic freedom index
Guyana Saint Vincent
2026 58.7 60
2025 58.2 60.1
2024 57.3 59.8
2023 56.9 63.5
2022 59.5 65.7
2021 57.4 66.3
2020 56.2 66.8
2019 56.8 65.8
2018 58.7 67.7
2017 58.5 65.2
2016 55.4 68.8
2015 55.5 68
2014 55.7 67
2013 53.8 66.7
2012 51.3 66.5
2011 49.4 66.9
2010 48.4 66.9
2009 48.4 64.3
2008 48.8 -
2007 53.7 -
2006 56.6 -
2005 56.5 -
2004 53 -
2003 50.3 -
2002 54.3 -
2001 53.3 -
2000 52.4 -
1999 53.3 -
1998 52.7 -
1997 53.2 -
1996 50.1 -
1995 45.7 -

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

GeoRank.org/economy/guyana/saint-vincent | CC BY

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 60 for Saint Vincent, ranking 98/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Saint Vincent
Services, % of GDP
14.5%
2024
66.4%
2024
Industry, % of GDP
76%
2024
15.4%
2024
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
3.55%
2024
GNI, Atlas method
$16.7B
2024
$1.11B
2024
GNI per capita, PPP
$52,290
2024
$21,150
2024
Total reserves including gold
$1.01B
2024
$317M
2024
Total reserves ranking
141/177
2024
167/177
2024
Net foreign direct investment
$1.14B
2023
-$74M
2024
Net inflows of foreign direct investment
$8.63B
2024
$139M
2024
Net outflows of foreign direct investment
$5.7M
2024
-$1.92M
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
3.84%
2024
Poverty at national poverty lines
35%
2020
n/a
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/saint-vincent | 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 (1984–1989, 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.