General government final consumption expenditure in Guyana
Guyana: General government final consumption expenditure was 26.9% in 2005. ▲ Rising
General government final consumption expenditure in Guyana, 1960–2005
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for general government final consumption expenditure in Guyana is 26.9%, measured in 2005.
That represents a change of down 1.0% on the previous year and up 79.4% over ten years.
Over the whole period, general government final consumption expenditure in Guyana peaked at 31.5% in 1986 and was at its lowest, 11.4%, in 1960.
Guyana ranks 14th of 187 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 46 years of available data.
General government final consumption expenditure in Guyana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 11.4% | — |
| 1961 | 11.9% | +4.2% |
| 1962 | 11.6% | -3.2% |
| 1963 | 12.1% | +5.2% |
| 1964 | 14.0% | +14.9% |
| 1965 | 15.0% | +7.5% |
| 1966 | 15.2% | +1.3% |
| 1967 | 15.7% | +3.0% |
| 1968 | 15.2% | -2.9% |
| 1969 | 15.9% | +4.3% |
| 1970 | 17.0% | +7.0% |
| 1971 | 18.0% | +6.2% |
| 1972 | 19.5% | +8.2% |
| 1973 | 24.8% | +27.0% |
| 1974 | 17.0% | -31.4% |
| 1975 | 19.6% | +15.4% |
| 1976 | 28.2% | +43.7% |
| 1977 | 25.8% | -8.5% |
| 1978 | 23.3% | -9.4% |
| 1979 | 26.2% | +12.4% |
| 1980 | 24.2% | -7.8% |
| 1981 | 29.1% | +20.0% |
| 1982 | 25.8% | -11.2% |
| 1983 | 27.1% | +5.1% |
| 1984 | 18.1% | -33.2% |
| 1985 | 18.1% | -0.3% |
| 1986 | 31.5% | +74.4% |
| 1987 | 27.4% | -13.0% |
| 1988 | 28.1% | +2.6% |
| 1989 | 16.5% | -41.4% |
| 1990 | 13.6% | -17.3% |
| 1991 | 14.9% | +9.6% |
| 1992 | 16.8% | +12.2% |
| 1993 | 15.2% | -9.3% |
| 1994 | 15.4% | +1.1% |
| 1995 | 15.0% | -2.3% |
| 1996 | 16.2% | +8.0% |
| 1997 | 17.5% | +8.2% |
| 1998 | 18.4% | +5.1% |
| 1999 | 19.0% | +2.9% |
| 2000 | 24.7% | +30.0% |
| 2001 | 25.1% | +1.7% |
| 2002 | 25.7% | +2.6% |
| 2003 | 28.0% | +8.9% |
| 2004 | 27.2% | -3.0% |
| 2005 | 26.9% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.8% | 11.4% | 15.9% | 10 |
| 1970s | 21.9% | 17.0% | 28.2% | 10 |
| 1980s | 24.6% | 16.5% | 31.5% | 10 |
| 1990s | 16.2% | 13.6% | 19.0% | 10 |
| 2000s | 26.3% | 24.7% | 28.0% | 6 |
Countries ranked near Guyana
- 11 French Polynesia 32.0% compare
- 12 Botswana 31.5% compare
- 13 Faroe Islands 27.9% compare
- 15 Eritrea 26.6% compare
- 16 Sweden 26.4% compare
- 17 Solomon Islands 26.2%
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 capital formation (current US$), annual growth rate 43.79 % change on previous year (2005)
- Gross capital formation (current US$), per unit of GDP 0.3233 current US$ per US$ of GDP (2005)
- Gross capital formation (current US$), per capita 350.52 current US$ per person (2005)
- Gross capital formation (current LCU), annual growth rate 44.92 % change on previous year (2005)
- Gross capital formation (current LCU), per unit of GDP 64.63 current LCU per US$ of GDP (2005)
- Gross capital formation (current LCU), per capita 70,060 current LCU per person (2005)
- Imports of goods and services (current US$), annual growth rate 9.25 % change on previous year (2005)
- Imports of goods and services (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2005)
Frequently asked questions
- What is general government final consumption expenditure in Guyana?
- General government final consumption expenditure in Guyana was 26.9% in 2005, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest general government final consumption expenditure recorded in Guyana?
- The highest recorded value was 31.5% in 1986.
- What is the lowest general government final consumption expenditure recorded in Guyana?
- The lowest recorded value was 11.4% in 1960.
- How does Guyana rank for general government final consumption expenditure?
- Guyana ranks 14th out of 187 countries with data for 2005.
- Is general government final consumption expenditure rising or falling in Guyana?
- Over the last ten years it is up 79.4%. 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 Offices (NSOs), published as part of General government 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.