Annual GDP growth in Guyana
Guyana: Annual GDP growth was 43.8% in 2024. ◆ Volatile
Annual GDP growth in Guyana, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Guyana is 43.8%, measured in 2024.
That represents a change of up 29.6% on the previous year and up 2,492.9% 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 1st of 212 countries on this measure, 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% | -267.6% |
| 2002 | 1.1% | -50.4% |
| 2003 | -0.6% | -155.8% |
| 2004 | 1.6% | -347.6% |
| 2005 | -1.9% | -225.0% |
| 2006 | 5.1% | -363.1% |
| 2007 | 7.2% | +40.2% |
| 2008 | 1.8% | -75.5% |
| 2009 | 3.6% | +105.1% |
| 2010 | 4.1% | +14.7% |
| 2011 | 5.2% | +25.6% |
| 2012 | 5.3% | +1.5% |
| 2013 | 3.6% | -30.9% |
| 2014 | 1.7% | -53.7% |
| 2015 | 0.7% | -59.2% |
| 2016 | 3.8% | +452.2% |
| 2017 | 3.7% | -2.1% |
| 2018 | 4.4% | +19.0% |
| 2019 | 5.3% | +20.5% |
| 2020 | 43.5% | +712.7% |
| 2021 | 20.1% | -53.9% |
| 2022 | 63.3% | +215.7% |
| 2023 | 33.8% | -46.6% |
| 2024 | 43.8% | +29.6% |
Guyana compared with similar countries
- Guyana's 43.8% is above the median for high income countries, which is 2.1%, 20.5× the median. (83 countries reporting)
- Guyana's 43.8% is above the median for Latin America & Caribbean, which is 3.3%, 13.3× the median. (41 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 | +712.7% | 5.3% | 43.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | -1.9% | 7.2% | 10 |
| 2010s | 3.8% | 0.7% | 5.3% | 10 |
| 2020s | 40.9% | 20.1% | 63.3% | 5 |
Countries ranked near Guyana
More economy & growth data for Guyana
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.70 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 6.86 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 8.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 860.28 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.3499 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 10,383 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 34.31 % 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 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 1st out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Guyana?
- Over the last ten years it is up 2,492.9%. 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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About this data
Annual GDP growth (%).