Final consumption expenditure in Guyana
Guyana: Final consumption expenditure was 100.3% in 2005. ▲ Rising
Final consumption expenditure in Guyana, 1960–2005
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for final consumption expenditure in Guyana is 100.3%, measured in 2005. That is the highest value across all 46 years on record.
That represents a change of up 16.6% on the previous year and up 29.1% over ten years.
Over the whole period, final consumption expenditure in Guyana peaked at 100.3% in 2005 and was at its lowest, 66.3%, in 1963.
That places Guyana 29th out of 187 countries with data for 2005, putting it in the top quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Final consumption expenditure in Guyana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 80.0% | — |
| 1961 | 76.9% | -3.8% |
| 1962 | 71.6% | -6.9% |
| 1963 | 66.3% | -7.4% |
| 1964 | 80.4% | +21.2% |
| 1965 | 80.2% | -0.2% |
| 1966 | 81.3% | +1.4% |
| 1967 | 76.5% | -5.9% |
| 1968 | 74.6% | -2.5% |
| 1969 | 75.4% | +1.0% |
| 1970 | 77.8% | +3.2% |
| 1971 | 77.6% | -0.2% |
| 1972 | 81.5% | +4.9% |
| 1973 | 89.5% | +9.8% |
| 1974 | 71.7% | -19.9% |
| 1975 | 67.0% | -6.6% |
| 1976 | 87.5% | +30.6% |
| 1977 | 86.5% | -1.1% |
| 1978 | 79.5% | -8.1% |
| 1979 | 78.4% | -1.4% |
| 1980 | 79.6% | +1.5% |
| 1981 | 92.0% | +15.6% |
| 1982 | 92.3% | +0.3% |
| 1983 | 97.3% | +5.4% |
| 1984 | 79.8% | -18.0% |
| 1985 | 78.0% | -2.2% |
| 1986 | 66.8% | -14.4% |
| 1987 | 80.1% | +19.9% |
| 1988 | 83.2% | +3.8% |
| 1989 | 85.0% | +2.2% |
| 1990 | 86.0% | +1.3% |
| 1991 | 78.2% | -9.1% |
| 1992 | 71.7% | -8.3% |
| 1993 | 76.3% | +6.4% |
| 1994 | 85.1% | +11.5% |
| 1995 | 77.7% | -8.7% |
| 1996 | 74.2% | -4.4% |
| 1997 | 77.9% | +5.0% |
| 1998 | 83.1% | +6.6% |
| 1999 | 83.0% | -0.0% |
| 2000 | 90.8% | +9.4% |
| 2001 | 92.3% | +1.6% |
| 2002 | 91.3% | -1.1% |
| 2003 | 88.9% | -2.6% |
| 2004 | 86.1% | -3.2% |
| 2005 | 100.3% | +16.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 76.3% | 66.3% | 81.3% | 10 |
| 1970s | 79.7% | 67.0% | 89.5% | 10 |
| 1980s | 83.4% | 66.8% | 97.3% | 10 |
| 1990s | 79.3% | 71.7% | 86.0% | 10 |
| 2000s | 91.6% | 86.1% | 100.3% | 6 |
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.31 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 202.21 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 6.55 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 19.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.16 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 37,643 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 19.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 243.51 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure in Guyana?
- Final consumption expenditure in Guyana was 100.3% 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 100.3% in 2005.
- What is the lowest final consumption expenditure recorded in Guyana?
- The lowest recorded value was 66.3% in 1963.
- How does Guyana rank for final consumption expenditure?
- Guyana ranks 29th 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 29.1%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.