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Economy of Guyana vs Syria compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $20B for Syria, ranking 120/197 and 129/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $18.4B (30% of GDP) in Syria.

Guyana vs Syria GDP by year

Guyana
Syria
1x
Year GDP, current $
Guyana Syria
2024 $24,662,709,832 -
2023 $16,918,503,597 $19,993,439,950
2022 $14,718,388,489 $23,622,827,080
2021 $8,041,362,110 $14,353,205,678
2020 $5,471,256,595 $12,047,752,036
2019 $5,173,760,192 $22,583,045,060
2018 $4,787,636,998 $21,497,782,868
2017 $4,748,174,334 $16,369,843,352
2016 $4,482,697,337 $12,597,854,877
2015 $4,279,840,194 $16,466,863,117
2014 $4,127,660,152 $21,502,061,466
2013 $4,167,800,929 $21,361,254,635
2012 $4,063,088,536 $43,190,318,033
2011 $3,691,384,318 $67,539,428,159
2010 $3,432,912,517 $61,390,830,875
2009 $3,165,663,153 $54,111,735,629
2008 $3,025,187,433 $52,557,913,569
2007 $2,730,971,595 $40,465,318,382
2006 $2,379,817,991 $33,751,788,856
2005 $824,880,550 $28,858,965,517
2004 $787,814,379 $25,086,950,495
2003 $743,063,950 $21,828,144,686
2002 $726,131,435 $20,669,357,462
2001 $712,167,450 $20,237,024,725
2000 $712,667,897 $18,937,052,543
1999 $694,754,988 $15,873,875,969
1998 $717,530,683 $15,200,846,154
1997 $749,138,010 $14,505,233,463
1996 $705,406,001 $13,789,560,878
1995 $621,626,786 $11,396,706,587
1994 $540,874,934 $10,122,020,000
1993 $454,101,382 $13,695,962,055
1992 $373,573,141 $13,253,565,861
1991 $348,533,095 $12,981,833,333
1990 $396,582,263 $12,308,624,418
1989 $379,779,390 $9,853,395,762
1988 $413,799,990 $10,577,041,645
1987 $354,591,847 $11,356,215,543
1986 $504,651,140 $13,293,205,278
1985 $453,488,372 $16,403,539,893
1984 $437,631,605 $17,503,078,174
1983 $489,333,333 $17,589,277,143
1982 $482,000,000 $16,298,929,011
1981 $570,357,107 $15,518,201,335
1980 $603,200,000 $13,062,420,382
1979 $530,440,000 $9,929,681,529
1978 $507,080,000 $9,275,200,458
1977 $449,880,000 $7,696,011,396
1976 $454,440,000 $7,633,528,867
1975 $494,791,667 $6,826,980,444
1974 $433,954,545 $5,159,557,148
1973 $307,047,619 $3,239,487,516
1972 $285,380,952 $3,059,681,698
1971 $282,050,000 $2,589,851,325
1970 $267,800,000 $2,140,384,010
1969 $249,300,000 $2,245,011,515
1968 $229,750,000 $1,753,746,430
1967 $250,176,471 $1,580,229,799
1966 $228,705,882 $1,342,287,553
1965 $213,235,294 $1,472,036,540
1964 $194,774,513 $1,339,494,267
1963 $175,757,894 $1,200,447,408
1962 $194,949,513 $1,110,565,881
1961 $185,849,535 $945,244,972
1960 $170,216,241 $857,704,413

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

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

GDP per capita in Guyana vs Syria by year

Guyana
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 - -
2023 $20,474 $54,729 $847 $4,650
2022 $17,913 $39,711 $1,052 $4,772
2021 $9,861 $22,866 $664 $4,593
2020 $6,776 $16,819 $572 $3,738
2019 $6,406 $13,241 $1,110 $3,502
2018 $6,048 $12,443 $1,098 $3,456
2017 $6,179 $12,243 $852 $3,265
2016 $5,871 $11,516 $656 -
2015 $5,640 $11,408 $848 -
2014 $5,473 $11,145 $1,061 -
2013 $5,557 $11,200 $986 -
2012 $5,444 $10,627 $1,898 -
2011 $4,947 $10,066 $2,952 -
2010 $4,582 $9,337 $2,731 -
2009 $4,209 $8,824 $2,462 -
2008 $4,009 $8,437 $2,429 -
2007 $3,608 $8,110 $1,938 -
2006 $3,136 $7,346 $1,719 -
2005 $1,084 $6,761 $1,534 -
2004 $1,033 $6,673 $1,368 -
2003 $974 $6,392 $1,220 -
2002 $951 $6,304 $1,183 -
2001 $932 $6,131 $1,187 -
2000 $932 $5,860 $1,138 -
1999 $909 $5,812 $978 -
1998 $940 $5,573 $961 -
1997 $983 $5,615 $941 -
1996 $928 $5,210 $918 -
1995 $820 $4,753 $780 -
1994 $716 $4,447 $712 -
1993 $603 $4,027 $993 -
1992 $498 $3,651 $990 -
1991 $466 $3,322 $1,000 -
1990 $529 $3,022 $978 -
1989 $503 - $809 -
1988 $545 - $898 -
1987 $464 - $997 -
1986 $657 - $1,208 -
1985 $588 - $1,544 -
1984 $565 - $1,706 -
1983 $631 - $1,776 -
1982 $621 - $1,703 -
1981 $735 - $1,676 -
1980 $779 - $1,458 -
1979 $689 - $1,146 -
1978 $663 - $1,108 -
1977 $593 - $951 -
1976 $604 - $976 -
1975 $664 - $904 -
1974 $588 - $707 -
1973 $421 - $459 -
1972 $395 - $448 -
1971 $396 - $393 -
1970 $381 - $335 -
1969 $361 - $364 -
1968 $340 - $293.3 -
1967 $378 - $272.9 -
1966 $353 - $239.3 -
1965 $336 - $270.8 -
1964 $313 - $254.2 -
1963 $288.8 - $234.9 -
1962 $327 - $223.9 -
1961 $319 - $196.3 -
1960 $299.1 - $183.5 -

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

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

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Syria ranks 160th at $4,650.

Economic indicators

Guyana Syria
Gross domestic product
$24.7B
2024
$20B
2023
GDP rank
120/197
2024
129/197
2023
GDP growth
43.8%
2023-2024
-1.21%
2022-2023
GDP per capita
$29,675
2024
$847
2023
GDP per capita rank
41/197
2024
185/197
2023
GDP per capita, PPP
$80,155
2024
$4,650
2023
GDP per capita PPP rank
15/197
2024
160/197
2023
Government debt
$5.99B
2024
$18.4B
2010
Debt-to-GDP ratio
24.3%
2024
30%
2010
Government debt per person
$7,213
2024
$820
2010
Government debt per person rank
66/185
2024
148/185
2010
Average annual personal income after taxes
$13,212
2026
$730
2026
Income share by richest 10%
34.4%
1998
21.1%
2022
Income share by poorest 10%
1.1%
1998
3.8%
2022
Government expenditure, % of GDP
23.2%
2024
28.6%
2010
Consumer prices inflation
2.5%
2023-2024
13.4%
2018-2019
Unemployment rate
13.2%
2019
8.61%
2010
Population
842249
26829400

Spending and national debt comparison by year

Guyana
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Guyana Syria
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% - -
2023 23.7% 26.7% - -
2022 20.3% 24.8% - -
2021 24.8% 45.7% - -
2020 30.5% 59.5% - -
2019 28.1% 54% - -
2018 27.6% 47.9% - -
2017 26.3% 46.1% - -
2016 25.2% 44% - -
2015 21.7% 42.2% - -
2014 23.1% 38.7% - -
2013 21.4% 41.4% - -
2012 21.8% 44.7% - -
2011 23.5% 51.7% - -
2010 23.9% 53.1% 28.6% 30%
2009 25.4% 52.3% 26.7% 31.2%
2008 24.1% 48.2% 22.9% 37.3%
2007 25.5% 47.7% 25.7% 42.7%
2006 29% 74.5% 26.3% 45%
2005 28.4% 90.7% 28.2% 50.7%
2004 23.7% 91.8% 31.3% 113%
2003 23.5% 95.6% 32.6% 133.4%
2002 23.1% 105.1% 28.5% 132.4%
2001 24% 104.6% 28% 144.5%
2000 22.9% 97.2% 27.4% 152.1%
1999 17.6% 97.1% 28% 147.7%
1998 19.7% 108% 28.8% 151.2%
1997 20.9% 101.3% 29% 147.6%
1996 - - 27.7% 141.5%
1995 - - 29.8% 152.6%
1994 - - 30.3% 163%
1993 - - 29.4% 171.9%
1992 - - 34.2% 173.6%
1991 - - 34.3% 182.4%
1990 - - 28.3% 189.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 30% in Syria, ranking 168/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Syria
1x
Year Deficit/surplus, % of GDP
Guyana Syria
2024 -7.31% -
2023 -5.78% -
2022 -5.11% -
2021 -6.94% -
2020 -7.78% -
2019 -2.52% -
2018 -2.52% -
2017 -3.14% -
2016 -3.21% -
2015 -0.75% -
2014 -3.88% -
2013 -2.16% -
2012 -3.11% -
2011 -2.13% -
2010 -1.88% -7.79%
2009 -2.5% -2.89%
2008 -2.78% -2.86%
2007 -3.35% -2.99%
2006 -6.16% -1.12%
2005 -6.54% -4.41%
2004 -2.88% -4.18%
2003 -4.81% -2.7%
2002 -2.42% -2.02%
2001 -3.71% 2.3%
2000 -2.27% -1.36%
1999 -0.47% -1.47%
1998 -2.67% -2.81%
1997 -1.7% -1.78%
1996 - -2.83%
1995 - -3.81%
1994 - -6%
1993 - -4.96%
1992 - -7.26%
1991 - -6.57%
1990 - -3.92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2010, Guyana's government deficit, the difference between spending and revenue, was $64.5M, equivalent to 1.88% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 14 years, Guyana recorded a fiscal deficit in 14 of those years, while Syria ran a deficit in 13 years. On average, Guyana posted an annual deficit equal to 3.15% of GDP, compared to deficit of 2.58% of GDP for Syria.

Inflation comparison by year

Inflation
Guyana

Syria
1x
Year Consumer prices inflation
Guyana Syria
2024 2.5% -
2023 4.5% -
2022 6.5% -
2021 3.3% -
2020 1.2% -
2019 2.1% 13.4%
2018 1.3% 0.94%
2017 1.9% 18.1%
2016 0.8% 47.7%
2015 -0.9% 38.5%
2014 0.7% 10.9%
2013 1.9% 40%
2012 2.4% 36.7%
2011 4.4% 4.75%
2010 4.3% 4.4%
2009 3% 2.92%
2008 8.1% 15.7%
2007 12.2% 3.91%
2006 6.7% 10%
2005 6.9% 7.24%
2004 4.7% 4.43%
2003 6% 5.8%
2002 5.4% -0.13%
2001 2.6% 3%
2000 6.1% -3.85%
1999 7.5% -3.7%
1998 4.6% -0.8%
1997 3.6% 1.89%

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/syria | CC BY

Over the past 23 years, Guyana has recorded an average annual inflation rate of 4.19%, compared with 11.4% in Syria. In 2019, inflation was 2.5% in Guyana and 13.4% in Syria.

Top exports between countries

Guyana
Export category Export value
Wood & paper products $34K
Syria
Export category Export value

Balance of trade

Guyana Syria
Current account balance
$2.35B
2023
-$367M
2010
Current account balance ranking
43/190
2023
103/190
2010
Current account balance, % of GDP
+13.9%
2023
-0.6%
2010
Goods imports
$6B
2023
$15.9B
2010
Goods exports
$13.2B
2023
$12.3B
2010
Service imports
$4.95B
2023
$3.53B
2010
Service exports
$529M
2023
$7.33B
2010
Imports of goods and services, % of GDP
109.7%
2005
28.8%
2022
Exports of goods and services, % of GDP
84.6%
2005
6.81%
2022

Economic freedom indices

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

Guyana Syria
Economic freedom 58.7 51.2
Economic freedom ranking 109/197 155/197
Property rights 46.7 4
Government integrity 38.8 3.6
Judicial effectiveness 48.6 3.7
Tax burden 76.4 87.3
Government spending 85 78.5
Fiscal health 39.9 13.8
Business freedom 70.9 33.8
Labor freedom 76 37.2
Monetary freedom 78.5 80
Trade freedom 59.2 47
Investment freedom 55 0
Financial freedom 30 20

Economic freedom comparison by year

Guyana
Syria
1x
Year Economic freedom index
Guyana Syria
2026 58.7 -
2025 58.2 -
2024 57.3 -
2023 56.9 -
2022 59.5 -
2021 57.4 -
2020 56.2 -
2019 56.8 -
2018 58.7 -
2017 58.5 -
2016 55.4 -
2015 55.5 -
2014 55.7 -
2013 53.8 -
2012 51.3 51.2
2011 49.4 51.3
2010 48.4 49.4
2009 48.4 51.3
2008 48.8 47.2
2007 53.7 48.3
2006 56.6 51.2
2005 56.5 46.3
2004 53 40.6
2003 50.3 41.3
2002 54.3 36.3
2001 53.3 36.6
2000 52.4 37.2
1999 53.3 39
1998 52.7 42.2
1997 53.2 43
1996 50.1 42.3
1995 45.7 -

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Syria
Services, % of GDP
14.5%
2024
44.9%
2022
Industry, % of GDP
76%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
43.1%
2022
GNI, Atlas method
$16.7B
2024
$18.2B
2023
GNI per capita, PPP
$52,290
2024
$4,480
2023
Total reserves including gold
$1.01B
2024
$20.6B
2010
Total reserves ranking
141/177
2024
62/177
2010
Net foreign direct investment
$1.14B
2023
-$1.47B
2010
Net inflows of foreign direct investment
$8.63B
2024
$0
2024
Net outflows of foreign direct investment
$5.7M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
0.15%
2023
Poverty at national poverty lines
35%
2020
35.2%
2007
Gross capital formation, % of GDP
32.3%
2005
16%
1969

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/syria | 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. 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)
  8. TradeMap (2020, retrieved 2026-02-08)

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.