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Guyana Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

Guyana's government debt to gdp was 29.00% in 2025, ranked 156th globally. This represents a 19.3% increase from 2024. Data from IMF WEO, covering 1997–2025.

29.00% +4.69% (+19.3%)
Year 2025 Rank #156 Global Peak 108.04% (1998) Source IMF WEO

Guyana Government Debt to GDP (1997–2025)

Overview

Guyana's government debt to gdp stood at 29.00% in 2025, a rise of +4.69% from 2024. The IMF projects 29.00% by 2025. Guyana ranked 156th globally.

Guyana’s general government debt ratio has fallen dramatically from an all‑time peak of 108.04 % of GDP in 1998 to a trough of 24.31 % in 2024, before rising slightly to 29.00 % in 2025, placing the country 156th globally. The 29‑year series shows a long‑term de‑leveraging trend that accelerated after the early‑2000s fiscal consolidation, with the most pronounced decline occurring in the 2010s as commodity revenues grew and public spending was restrained. By contrast, peer economies such as Saudi Arabia (29.21 % in 2025) and Denmark (29.63 % in 2025) occupy similar positions in the global ranking, highlighting that Guyana’s current debt level is now comparable to high‑income jurisdictions despite its lower income status. The modest uptick in 2025 reflects higher borrowing to finance infrastructure and social programs associated with the burgeoning oil sector; future movements will depend on how quickly oil revenues can offset new liabilities and sustain the downward trajectory.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 26.16% - -
2029* IMF 26.68% - -
2028* IMF 27.26% - -
2027* IMF 28.26% - -
2026* IMF 29.31% - -
2025* IMF 29.00% - -
2025 29.00% +4.69% #156
2024 24.31% −2.34% #22
2023 26.65% +1.82% #24
2022 24.83% −20.88% #23
2021 45.71% −13.78% #58
2020 59.49% +5.45% #98
2019 54.03% +6.10% #107
2018 47.94% +1.88% #92
2017 46.06% +2.01% #87
2016 44.05% +1.85% #85
2015 42.20% +3.53% #88
2014 38.67% −2.77% #87
2013 41.44% −3.25% #101
2012 44.69% −6.98% #118
2011 51.67% −1.41% #132
Show all years (1997-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.8% GDP growth 43.8% C/A balance 16.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Guyana matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Guyana's government debt to gdp?▾

Guyana's government debt to gdp was 29.00% in 2025. Ranked 156th globally. This represents a 19.3% increase from the previous year.

What was the highest government debt to gdp in Guyana?▾

Guyana's government debt to gdp peaked at 108.04% in 1998.

What was the lowest government debt to gdp in Guyana?▾

The lowest government debt to gdp in Guyana was 24.31% in 2024.

How does Guyana rank in government debt to gdp?▾

Guyana ranks 156th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?▾

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Guyana in 2025?▾

Guyana's government debt to gdp is projected to reach 29.00% by 2025 based on IMF projection.

What is the government debt to gdp of Guyana in 2025?▾

The government debt to gdp of Guyana in 2025 was 29.00%. This ranks 156th in the world.

Cite this page

APA
Guyana Government Debt to GDP. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/guyana/government-debt-to-gdp/
BibTeX
@misc{historysaid_guyana_government-debt-to-gdp, title = {Guyana Government Debt to GDP}, url = {https://historysaid.com/guyana/government-debt-to-gdp/}, publisher = {HistorySaid}, year = {2026} }
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