Annual GDP growth (%) in Guyana
Guyana: Annual GDP growth (%) was 43.8% in 2024. ◆ Volatile
Annual GDP growth in Guyana, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Guyana stood at 43.8%.
Compared with earlier readings it is up 29.7% on the previous year and up 2,498.2% over ten years.
Over the whole period, annual gdp growth in Guyana peaked at 63.3% in 2022 and was at its lowest, -2.0%, in 2005.
That places Guyana 1st out of 230 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -1.4% | — |
| 2001 | 2.3% | -267.1% |
| 2002 | 1.1% | -50.3% |
| 2003 | -0.6% | -155.8% |
| 2004 | 1.6% | -347.3% |
| 2005 | -2.0% | -224.8% |
| 2006 | 5.1% | -362.9% |
| 2007 | 7.2% | +40.2% |
| 2008 | 1.8% | -75.6% |
| 2009 | 3.6% | +105.8% |
| 2010 | 4.1% | +14.6% |
| 2011 | 5.2% | +25.6% |
| 2012 | 5.3% | +1.5% |
| 2013 | 3.7% | -30.8% |
| 2014 | 1.7% | -53.8% |
| 2015 | 0.7% | -59.2% |
| 2016 | 3.8% | +453.9% |
| 2017 | 3.7% | -1.9% |
| 2018 | 4.4% | +18.9% |
| 2019 | 5.4% | +20.5% |
| 2020 | 43.5% | +712.3% |
| 2021 | 20.1% | -53.9% |
| 2022 | 63.3% | +215.7% |
| 2023 | 33.8% | -46.6% |
| 2024 | 43.8% | +29.7% |
Guyana compared with similar countries
- Guyana's 43.8% is above the median for high income countries, which is 2.1%, 20.7× the median. (80 countries reporting)
- Guyana's 43.8% is above the median for Latin America & Caribbean, which is 3.3%, 13.3× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Guyana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +712.3% | 5.4% | 43.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | -2.0% | 7.2% | 10 |
| 2010s | 3.8% | 0.7% | 5.4% | 10 |
| 2020s | 40.9% | 20.1% | 63.3% | 5 |
Countries ranked near Guyana
More economy & growth data for Guyana
- Real gdp growth, annual growth rate -55.89 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 11.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 11.93 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 46.26 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.73 units per person (2025)
- SDRs holdings, SDR, annual growth rate 39.28 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.99 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Guyana?
- Annual gdp growth in Guyana was 43.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Guyana?
- The highest recorded value was 63.3% in 2022.
- What is the lowest annual gdp growth recorded in Guyana?
- The lowest recorded value was -2.0% in 2005.
- How does Guyana rank for annual gdp growth?
- Guyana ranks 1st out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Guyana?
- Over the last ten years it is up 2,498.2%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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