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Economy of Guyana vs Yemen compared: GDP & Debt

Updated on by Georank team

Guyana has a GDP of $24.7B compared to $21.6B for Yemen, ranking 120/197 and 125/197 by economy size, respectively.

Guyana has $5.99B in government debt (24.3% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

Guyana vs Yemen GDP by year

Guyana
Yemen
1x
Year GDP, current $
Guyana Yemen
2024 $24,662,709,832 -
2023 $16,918,503,597 -
2022 $14,718,388,489 -
2021 $8,041,362,110 -
2020 $5,471,256,595 -
2019 $5,173,760,192 -
2018 $4,787,636,998 $21,606,160,663
2017 $4,748,174,334 $26,842,229,045
2016 $4,482,697,337 $31,317,825,274
2015 $4,279,840,194 $42,444,490,074
2014 $4,127,660,152 $43,228,585,321
2013 $4,167,800,929 $40,415,233,436
2012 $4,063,088,536 $35,401,331,610
2011 $3,691,384,318 $32,726,417,878
2010 $3,432,912,517 $30,906,749,533
2009 $3,165,663,153 $25,130,278,213
2008 $3,025,187,433 $26,910,855,807
2007 $2,730,971,595 $21,650,528,674
2006 $2,379,817,991 $19,063,143,370
2005 $824,880,550 $16,731,566,717
2004 $787,814,379 $13,867,634,371
2003 $743,063,950 $11,777,532,662
2002 $726,131,435 $10,693,430,511
2001 $712,167,450 $9,852,990,693
2000 $712,667,897 $9,679,316,770
1999 $694,754,988 $7,639,325,296
1998 $717,530,683 $6,322,175,566
1997 $749,138,010 $6,838,298,531
1996 $705,406,001 $6,496,163,616
1995 $621,626,786 $12,796,345,679
1994 $540,874,934 $28,019,483,764
1993 $454,101,382 $21,736,802,664
1992 $373,573,141 $17,959,367,194
1991 $348,533,095 $14,665,445,462
1990 $396,582,263 $12,643,821,569
1989 $379,779,390 -
1988 $413,799,990 -
1987 $354,591,847 -
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/yemen | CC BY

GDP per capita in Guyana vs Yemen by year

Guyana
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guyana Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,675 $80,155 - -
2023 $20,474 $54,729 - -
2022 $17,913 $39,711 - -
2021 $9,861 $22,866 - -
2020 $6,776 $16,819 - -
2019 $6,406 $13,241 - -
2018 $6,048 $12,443 $634 -
2017 $6,179 $12,243 $811 -
2016 $5,871 $11,516 $975 -
2015 $5,640 $11,408 $1,362 -
2014 $5,473 $11,145 $1,430 -
2013 $5,557 $11,200 $1,379 $3,164
2012 $5,444 $10,627 $1,245 $3,005
2011 $4,947 $10,066 $1,186 $3,113
2010 $4,582 $9,337 $1,155 $3,603
2009 $4,209 $8,824 $969 $3,411
2008 $4,009 $8,437 $1,072 $3,370
2007 $3,608 $8,110 $890 $3,294
2006 $3,136 $7,346 $810 $3,205
2005 $1,084 $6,761 $734 $3,113
2004 $1,033 $6,673 $628 $2,949
2003 $974 $6,392 $549 $2,844
2002 $951 $6,304 $513 $2,768
2001 $932 $6,131 $487 $2,702
2000 $932 $5,860 $493 $2,624
1999 $909 $5,812 $401 $2,492
1998 $940 $5,573 $343 $2,442
1997 $983 $5,615 $383 $2,351
1996 $928 $5,210 $375 $2,268
1995 $820 $4,753 $764 $2,201
1994 $716 $4,447 $1,735 $2,115
1993 $603 $4,027 $1,397 $2,013
1992 $498 $3,651 $1,198 $1,963
1991 $466 $3,322 $1,016 $1,843
1990 $529 $3,022 $910 $1,742
1989 $503 - - -
1988 $545 - - -
1987 $464 - - -
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/yemen | CC BY

Guyana's GDP per capita is $29,675, ranking 41/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), Guyana ranks 15th at $80,155, while Yemen ranks 178th at $3,164.

Economic indicators

Guyana Yemen
Gross domestic product
$24.7B
2024
$21.6B
2018
GDP rank
120/197
2024
125/197
2018
GDP growth
43.8%
2023-2024
0.75%
2017-2018
GDP per capita
$29,675
2024
$634
2018
GDP per capita rank
41/197
2024
191/197
2018
GDP per capita, PPP
$80,155
2024
$3,164
2013
GDP per capita PPP rank
15/197
2024
178/197
2013
Government debt
$5.99B
2024
$18.8B
2018
Debt-to-GDP ratio
24.3%
2024
70.9%
2024
Government debt per person
$7,213
2024
$551
2018
Government debt per person rank
66/185
2024
165/185
2018
Average annual personal income after taxes
$13,212
2026
$1,127
2026
Income share by richest 10%
34.4%
1998
29.4%
2014
Income share by poorest 10%
1.1%
1998
3%
2014
Government expenditure, % of GDP
23.2%
2024
8.91%
2024
Consumer prices inflation
2.5%
2023-2024
33.9%
2023-2024
Unemployment rate
13.2%
2019
13.5%
2014
Population
842249
43325643

Spending and national debt comparison by year

Guyana
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
Guyana Yemen
Government spending Government debt Government spending Government debt
2024 23.2% 24.3% 8.91% 70.9%
2023 23.7% 26.7% 11.8% 77.9%
2022 20.3% 24.8% 12.2% 65.3%
2021 24.8% 45.7% 8.22% 75.9%
2020 30.5% 59.5% 10.6% 87%
2019 28.1% 54% 13.2% 91.5%
2018 27.6% 47.9% 14.3% 86.9%
2017 26.3% 46.1% 8.39% 83.8%
2016 25.2% 44% 16.1% 76.5%
2015 21.7% 42.2% 19.4% 57.7%
2014 23.1% 38.7% 27.8% 48.9%
2013 21.4% 41.4% 30.8% 48.4%
2012 21.8% 44.7% 36.2% 47.6%
2011 23.5% 51.7% 29.8% 45.7%
2010 23.9% 53.1% 30.2% 42.4%
2009 25.4% 52.3% 35.2% 49.8%
2008 24.1% 48.2% 41.2% 36.4%
2007 25.5% 47.7% 40.3% 40.4%
2006 29% 74.5% 37.4% 40.8%
2005 28.4% 90.7% 36.8% 43.8%
2004 23.7% 91.8% 34.2% 52.1%
2003 23.5% 95.6% 35.3% 56.8%
2002 23.1% 105.1% 30.8% 57.8%
2001 24% 104.6% 30.5% 60.6%
2000 22.9% 97.2% 31.7% 60.8%
1999 17.6% 97.1% 28.2% 96.1%
1998 19.7% 108% 34.3% 110.6%
1997 20.9% 101.3% 34.2% 74.2%
1996 - - 30.7% 114.9%
1995 - - 24.1% 84.1%
1994 - - 25.2% 73.3%
1993 - - 25.8% 76.7%
1992 - - 24.6% 78%
1991 - - 24.7% 82.7%
1990 - - 26.6% 91.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20).

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

In 2024, Guyana's government spending was $5.72B, accounting for 23.2% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 24.3% in Guyana and 70.9% in Yemen, ranking 168/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
Guyana

Yemen
1x
Year Deficit/surplus, % of GDP
Guyana Yemen
2024 -7.31% -2.48%
2023 -5.78% -5.63%
2022 -5.11% -2.15%
2021 -6.94% -0.89%
2020 -7.78% -4.3%
2019 -2.52% -5.89%
2018 -2.52% -7.85%
2017 -3.14% -4.9%
2016 -3.21% -8.51%
2015 -0.75% -8.75%
2014 -3.88% -4.14%
2013 -2.16% -6.9%
2012 -3.11% -6.32%
2011 -2.13% -4.51%
2010 -1.88% -4.06%
2009 -2.5% -10.2%
2008 -2.78% -4.53%
2007 -3.35% -7.18%
2006 -6.16% 1.19%
2005 -6.54% -1.82%
2004 -2.88% -2.15%
2003 -4.81% -4.2%
2002 -2.42% -0.56%
2001 -3.71% 2.79%
2000 -2.27% 6.09%
1999 -0.47% 0.06%
1998 -2.67% -7.77%
1997 -1.7% -1.5%
1996 - -0.92%
1995 - -5.74%
1994 - -14%
1993 - -12.8%
1992 - -10.9%
1991 - -5.76%
1990 - -10.3%

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

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

In 2018, Guyana's government deficit, the difference between spending and revenue, was $121M, equivalent to 2.52% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 22 years, Guyana recorded a fiscal deficit in 22 of those years, while Yemen ran a deficit in 18 years. On average, Guyana posted an annual deficit equal to 2.96% of GDP, compared to deficit of 3.9% of GDP for Yemen.

Inflation comparison by year

Inflation
Guyana

Yemen
1x
Year Consumer prices inflation
Guyana Yemen
2024 2.5% 33.9%
2023 4.5% 0.9%
2022 6.5% 29.5%
2021 3.3% 31.5%
2020 1.2% 21.7%
2019 2.1% 15.7%
2018 1.3% 33.6%
2017 1.9% 30.4%
2016 0.8% 21.3%
2015 -0.9% 22%
2014 0.7% 8.2%
2013 1.9% 11%
2012 2.4% 9.9%
2011 4.4% 19.5%
2010 4.3% 11.2%
2009 3% 3.7%
2008 8.1% 19%
2007 12.2% 7.9%
2006 6.7% 10.8%
2005 6.9% 9.9%
2004 4.7% 12.5%
2003 6% 10.8%
2002 5.4% 12.2%
2001 2.6% 11.9%
2000 6.1% 11%
1999 7.5% 7.9%
1998 4.6% 11.5%
1997 3.6% 4.6%

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

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

Over the past 28 years, Guyana has recorded an average annual inflation rate of 4.08%, compared with 15.5% in Yemen. In 2024, inflation was 2.5% in Guyana and 33.9% in Yemen.

Balance of trade

Guyana Yemen
Current account balance
$2.35B
2023
-$2.42B
2016
Current account balance ranking
43/190
2023
148/190
2016
Current account balance, % of GDP
+13.9%
2023
-7.72%
2016
Goods imports
$6B
2023
$6.8B
2016
Goods exports
$13.2B
2023
$473M
2016
Service imports
$4.95B
2023
$1.46B
2016
Service exports
$529M
2023
$466M
2016
Imports of goods and services, % of GDP
109.7%
2005
47.3%
2018
Exports of goods and services, % of GDP
84.6%
2005
8.76%
2018

Economic freedom indices

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

Guyana Yemen
Economic freedom 58.7 53.7
Economic freedom ranking 109/197 138/197
Property rights 46.7 3.5
Government integrity 38.8 6.2
Judicial effectiveness 48.6 9.9
Tax burden 76.4 93.7
Government spending 85 0
Fiscal health 39.9 71.2
Business freedom 70.9 31.3
Labor freedom 76 31.2
Monetary freedom 78.5 48.1
Trade freedom 59.2 67.4
Investment freedom 55 50
Financial freedom 30 30

Economic freedom comparison by year

Guyana
Yemen
1x
Year Economic freedom index
Guyana Yemen
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 53.7
2014 55.7 55.5
2013 53.8 55.9
2012 51.3 55.3
2011 49.4 54.2
2010 48.4 54.4
2009 48.4 56.9
2008 48.8 53.8
2007 53.7 54.1
2006 56.6 52.6
2005 56.5 53.8
2004 53 50.5
2003 50.3 50.3
2002 54.3 48.6
2001 53.3 44.3
2000 52.4 44.5
1999 53.3 43.3
1998 52.7 46.1
1997 53.2 48.4
1996 50.1 49.6
1995 45.7 49.8

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

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

The Economic Freedom Index for Guyana is 58.7, ranking 109/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guyana Yemen
Services, % of GDP
14.5%
2024
41.8%
2018
Industry, % of GDP
76%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
7.62%
2024
28.7%
2018
GNI, Atlas method
$16.7B
2024
$25.3B
2018
GNI per capita, PPP
$52,290
2024
$3,020
2013
Total reserves including gold
$1.01B
2024
$1.25B
2022
Total reserves ranking
141/177
2024
139/177
2022
Net foreign direct investment
$1.14B
2023
$15.4M
2015
Net inflows of foreign direct investment
$8.63B
2024
-$371M
2019
Net outflows of foreign direct investment
$5.7M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.73%
2024
0.53%
2018
Poverty at national poverty lines
35%
2020
48.6%
2014
Gross capital formation, % of GDP
32.3%
2005
6.18%
2018

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/yemen | 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 (1990–1998, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. 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.