Annual GDP growth in Guyana

Guyana: Annual GDP growth was 33.8% in 2023. ◆ Volatile

Latest (2023)
33.8%
Change on year
down 46.6%
World rank
2nd
of 211 countries
All-time high
63.3%
in 2022
All-time low
-1.9%
in 2005
Years of data
24
2000–2023

Annual GDP growth in Guyana, 2000–2023

02040602000201120232000: -1.4 %2001: 2.3 %2002: 1.1 %2003: -0.63 %2004: 1.6 %2005: -1.9 %2006: 5.1 %2007: 7.2 %2008: 1.8 %2009: 3.6 %2010: 4.1 %2011: 5.2 %2012: 5.3 %2013: 3.6 %2014: 1.7 %2015: 0.69 %2016: 3.8 %2017: 3.7 %2018: 4.4 %2019: 5.3 %2020: 43.5 %2021: 20.1 %2022: 63.3 %2023: 33.8 %

Source: World Bank – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for annual gdp growth in Guyana is 33.8%, measured in 2023.

That represents a change of down 46.6% on the previous year and up 826.0% over ten years.

Over the whole period, annual gdp growth in Guyana peaked at 63.3% in 2022 and was at its lowest, -1.9%, in 2005.

Guyana ranks 2nd of 211 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.9% -1.9% 7.2% 10
2010s 3.8% 0.7% 5.3% 10
2020s 40.2% 20.1% 63.3% 4

Countries ranked near Guyana

  1. 1 Macao 75.1% compare
  2. 3 Northern Mariana Islands 16.6% compare
  3. 4 Libya 10.2% compare
  4. 5 Eritrea 8.7% compare

See the full ranking of 211 places →

More economy & growth data for Guyana

All data for Guyana →

Frequently asked questions

What is annual gdp growth in Guyana?
Annual gdp growth in Guyana was 33.8% in 2023, according to World Bank – processed by Our World in Data.
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 -1.9% in 2005.
How does Guyana rank for annual gdp growth?
Guyana ranks 2nd out of 211 countries with data for 2023.
Is annual gdp growth rising or falling in Guyana?
Over the last ten years it is up 826.0%. The long-run trend across the full record is volatile.
Where does this Guyana data come from?
The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.

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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Annual GDP growth
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 4,892 data points, 2000–2023
Last refreshed

Annual GDP growth (%)