Final consumption expenditure in Guyana
Guyana: Final consumption expenditure was 165.40 billion current LCU in 2005. ◆ Volatile
Final consumption expenditure in Guyana, 1960–2005
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Guyana recorded 165.40 billion current LCU for final consumption expenditure in 2005. That is the highest value across all 46 years on record.
That represents a change of up 23.0% on the previous year and up 141.2% over ten years.
Over the whole period, final consumption expenditure in Guyana peaked at 165.40 billion current LCU in 2005 and was at its lowest, 199.80 million current LCU, in 1963.
That places Guyana 131st out of 187 countries with data for 2005, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 283.68 million current LCU | 199.80 million current LCU | 375.80 million current LCU | 10 |
| 1970s | 741.36 million current LCU | 416.60 million current LCU | 1.04 billion current LCU | 10 |
| 1980s | 2.47 billion current LCU | 1.20 billion current LCU | 8.78 billion current LCU | 10 |
| 1990s | 60.44 billion current LCU | 13.47 billion current LCU | 102.70 billion current LCU | 10 |
| 2000s | 132.56 billion current LCU | 118.09 billion current LCU | 165.40 billion current LCU | 6 |
Countries ranked near Guyana
More economy & growth data for Guyana
- External balance on goods and services as a percent of GDP -25.1% (2005)
- Inflation of consumer prices 3.3% (2025)
- GDP per capita 39,192 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 1.9% (2025)
- Gross domestic product (GDP) 32.76 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 39,192 constant 2015 US$ (2025)
- DEC alternative conversion factor 208.5 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 217.32 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.04 billion current US$ (2025)
- Taxes less subsidies on products 170.46 billion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Guyana?
- Final consumption expenditure in Guyana was 165.40 billion current LCU in 2005, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Guyana?
- The highest recorded value was 165.40 billion current LCU in 2005.
- What is the lowest final consumption expenditure recorded in Guyana?
- The lowest recorded value was 199.80 million current LCU in 1963.
- How does Guyana rank for final consumption expenditure?
- Guyana ranks 131st out of 187 countries with data for 2005.
- Is final consumption expenditure rising or falling in Guyana?
- Over the last ten years it is up 141.2%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.