Gross domestic product (GDP), Constant prices, Percent in Guyana
Guyana: Gross domestic product (GDP), Constant prices, Percent was 1.06 in 2031. ◆ Volatile
Gross domestic product (GDP), Constant prices, Percent in Guyana, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, percent in Guyana is 1.06, measured in 2031.
That represents a change of down 90.8% on the previous year and down 94.7% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, percent in Guyana peaked at 63.33 in 2022 and was at its lowest, -11.5, in 1983.
That places Guyana 34th out of 36 countries with data for 2031, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Percent in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -2.08 | — |
| 1981 | 0.5624 | -127.1% |
| 1982 | -8.88 | -1679.6% |
| 1983 | -11.5 | +29.4% |
| 1984 | 2.13 | -118.6% |
| 1985 | 0.3656 | -82.9% |
| 1986 | -0.2342 | -164.1% |
| 1987 | -0.1304 | -44.3% |
| 1988 | -5.98 | +4486.0% |
| 1989 | -4.94 | -17.3% |
| 1990 | -3.01 | -39.1% |
| 1991 | 6.03 | -300.2% |
| 1992 | 7.76 | +28.7% |
| 1993 | 8.2 | +5.7% |
| 1994 | 8.48 | +3.4% |
| 1995 | 5.06 | -40.4% |
| 1996 | 7.96 | +57.4% |
| 1997 | 6.18 | -22.3% |
| 1998 | -1.71 | -127.6% |
| 1999 | 2.99 | -274.9% |
| 2000 | -1.35 | -145.1% |
| 2001 | 2.26 | -268.0% |
| 2002 | 1.15 | -49.1% |
| 2003 | -0.652 | -156.7% |
| 2004 | 1.57 | -340.2% |
| 2005 | -1.94 | -224.0% |
| 2006 | 5.13 | -364.0% |
| 2007 | 7.02 | +36.9% |
| 2008 | 1.98 | -71.8% |
| 2009 | 3.32 | +67.9% |
| 2010 | 4.37 | +31.7% |
| 2011 | 5.44 | +24.4% |
| 2012 | 5.04 | -7.3% |
| 2013 | 3.65 | -27.5% |
| 2014 | 1.69 | -53.8% |
| 2015 | 0.6874 | -59.2% |
| 2016 | 3.81 | +453.9% |
| 2017 | 3.73 | -1.9% |
| 2018 | 4.44 | +18.9% |
| 2019 | 5.35 | +20.5% |
| 2020 | 43.48 | +712.3% |
| 2021 | 20.06 | -53.9% |
| 2022 | 63.33 | +215.7% |
| 2023 | 33.77 | -46.7% |
| 2024 | 43.78 | +29.6% |
| 2025 | 19.31 | -55.9% |
| 2026 | 16.17 | -16.3% |
| 2027 | 19.66 | +21.6% |
| 2028 | 22.09 | +12.3% |
| 2029 | 12.8 | -42.1% |
| 2030 | 11.52 | -10.0% |
| 2031 | 1.06 | -90.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -3.07 | -11.5 | 2.13 | 10 |
| 1990s | 4.79 | -3.01 | 8.48 | 10 |
| 2000s | 1.85 | -1.94 | 7.02 | 10 |
| 2010s | 3.82 | 0.6874 | 5.44 | 10 |
| 2020s | 29.44 | 12.8 | 63.33 | 10 |
| 2030s | 6.29 | 1.06 | 11.52 | 2 |
Countries ranked near Guyana
- 33 Aruba 1.33 compare
- 35 Puerto Rico 0.8 compare
- 36 Bolivia, Plurinational State of -3.28 compare
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)
- Exports of goods and services (current LCU), annual growth rate -6.55 % change on previous year (2005)
- Exports of goods and services (current LCU), per unit of GDP 169.14 current LCU per US$ of GDP (2005)
- Exports of goods and services (current LCU), per capita 183,358 current LCU per person (2005)
- Gross fixed capital formation (current US$), annual growth rate 43.79 % change on previous year (2005)
- Gross fixed capital formation (current US$), per unit of GDP 0.3233 current US$ per US$ of GDP (2005)
- Gross fixed capital formation (current US$), per capita 350.52 current US$ per person (2005)
- Gross fixed capital formation (current LCU), per unit of GDP 64.63 current LCU per US$ of GDP (2005)
- Gross fixed capital formation (current LCU), per capita 70,060 current LCU per person (2005)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, percent in Guyana?
- Gross domestic product (gdp), constant prices, percent in Guyana was 1.06 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, percent recorded in Guyana?
- The highest recorded value was 63.33 in 2022.
- What is the lowest gross domestic product (gdp), constant prices, percent recorded in Guyana?
- The lowest recorded value was -11.5 in 1983.
- How does Guyana rank for gross domestic product (gdp), constant prices, percent?
- Guyana ranks 34th out of 36 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, percent rising or falling in Guyana?
- Over the last ten years it is down 94.7%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Percent. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.