GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Guyana

Guyana: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 2.39 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.39 % change on previous year
Change on year
up 116.2%
World rank
151st
of 209 countries
All-time high
162.69 % change on previous year
in 1989
All-time low
-26.26 % change on previous year
in 2020
Years of data
54
1971–2024

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Guyana, 1971–2024

-50050100150197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator — value standard local currency, 2015 prices, annual in Guyana stood at 2.39 % change on previous year.

The figure is up 116.2% on the previous year and up 213.5% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Guyana peaked at 162.69 % change on previous year in 1989 and was at its lowest, -26.26 % change on previous year, in 2020.

That places Guyana 151st out of 209 countries with data for 2024, putting it in the middle of the range.

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

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Guyana, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Guyana, 1971 to 2024.
Year % change on previous year Change
1971 2.43 % change on previous year
1972 8.39 % change on previous year +244.6%
1973 5.77 % change on previous year -31.2%
1974 38.4 % change on previous year +565.5%
1975 12.68 % change on previous year -67.0%
1976 -7.07 % change on previous year -155.8%
1977 1.67 % change on previous year -123.6%
1978 14.78 % change on previous year +784.7%
1979 6.56 % change on previous year -55.6%
1980 11.79 % change on previous year +79.6%
1981 4.34 % change on previous year -63.2%
1982 4.3 % change on previous year -0.9%
1983 7.96 % change on previous year +84.9%
1984 23.03 % change on previous year +189.4%
1985 12.82 % change on previous year -44.3%
1986 14.06 % change on previous year +9.7%
1987 49.87 % change on previous year +254.6%
1988 27.96 % change on previous year -43.9%
1989 162.69 % change on previous year +481.8%
1990 56.4 % change on previous year -65.3%
1991 134.7 % change on previous year +138.8%
1992 11.22 % change on previous year -91.7%
1993 16.91 % change on previous year +50.6%
1994 17.53 % change on previous year +3.7%
1995 11.49 % change on previous year -34.4%
1996 4 % change on previous year -65.2%
1997 1.4 % change on previous year -65.0%
1998 3 % change on previous year +114.3%
1999 11.2 % change on previous year +273.2%
2000 6.6 % change on previous year -41.1%
2001 0.3496 % change on previous year -94.7%
2002 2.7 % change on previous year +672.8%
2003 5.11 % change on previous year +89.2%
2004 4.99 % change on previous year -2.5%
2005 7.64 % change on previous year +53.2%
2006 5.63 % change on previous year -26.3%
2007 8.21 % change on previous year +45.9%
2008 9.55 % change on previous year +16.4%
2009 1.15 % change on previous year -87.9%
2010 3.97 % change on previous year +244.5%
2011 2.41 % change on previous year -39.3%
2012 4.73 % change on previous year +96.2%
2013 -0.5367 % change on previous year -111.4%
2014 -2.11 % change on previous year +292.3%
2015 3 % change on previous year -242.7%
2016 0.898 % change on previous year -70.1%
2017 2.11 % change on previous year +134.9%
2018 -2.89 % change on previous year -236.9%
2019 2.96 % change on previous year -202.6%
2020 -26.26 % change on previous year -986.7%
2021 22.4 % change on previous year -185.3%
2022 12.02 % change on previous year -46.4%
2023 -14.79 % change on previous year -223.1%
2024 2.39 % change on previous year -116.2%

Guyana compared with similar countries

  • Guyana's 2.39 % change on previous year is below the median for high income countries, which is 2.83 % change on previous year, 84% of the median. (68 countries reporting)
  • Guyana's 2.39 % change on previous year is below the median for Latin America & Caribbean, which is 3.66 % change on previous year, 65% of the median. (37 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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.

YearChange FromTo
2020 -986.7% 2.96 % change on previous year -26.26 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.29 % change on previous year -7.07 % change on previous year 38.4 % change on previous year 9
1980s 31.88 % change on previous year 4.3 % change on previous year 162.69 % change on previous year 10
1990s 26.79 % change on previous year 1.4 % change on previous year 134.7 % change on previous year 10
2000s 5.19 % change on previous year 0.3496 % change on previous year 9.55 % change on previous year 10
2010s 1.46 % change on previous year -2.89 % change on previous year 4.73 % change on previous year 10
2020s -0.8473 % change on previous year -26.26 % change on previous year 22.4 % change on previous year 5

Countries ranked near Guyana

  1. 148 Bermuda 2.52 % change on previous year compare
  2. 149 Equatorial Guinea 2.5 % change on previous year compare
  3. 150 Anguilla 2.5 % change on previous year compare
  4. 152 Dominica 2.38 % change on previous year compare
  5. 153 Cambodia 2.31 % change on previous year compare
  6. 154 France 2.31 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Guyana

All data for Guyana →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices, annual in Guyana?
Gdp deflator — value standard local currency, 2015 prices, annual in Guyana was 2.39 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Guyana?
The highest recorded value was 162.69 % change on previous year in 1989.
What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Guyana?
The lowest recorded value was -26.26 % change on previous year in 2020.
How does Guyana rank for gdp deflator — value standard local currency, 2015 prices, annual?
Guyana ranks 151st out of 209 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Guyana?
Over the last ten years it is up 213.5%. The long-run trend across the full record is volatile.
Where does this Guyana data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Guyana. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices-annual-growth-rate/guyana/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,569 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.