Gross Domestic Product … Standard Local Currency annual growth rate in Guyana
Guyana: Gross Domestic Product … Standard Local Currency annual growth rate was 43.37 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guyana, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Guyana recorded 43.37 % change on previous year for gross domestic product — value standard local currency, 2015 prices in 2024.
The figure is up 31.4% on the previous year and up 2,471.9% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Guyana peaked at 63.33 % change on previous year in 2022 and was at its lowest, -13.19 % change on previous year, in 1982.
Guyana ranks 1st of 223 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product … Standard Local Currency annual growth rate in Guyana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.82 % change on previous year | — |
| 1972 | -1.98 % change on previous year | -170.2% |
| 1973 | 1.72 % change on previous year | -187.1% |
| 1974 | 6.99 % change on previous year | +305.8% |
| 1975 | 10.42 % change on previous year | +49.0% |
| 1976 | 2.93 % change on previous year | -71.9% |
| 1977 | -2.64 % change on previous year | -190.1% |
| 1978 | -1.81 % change on previous year | -31.5% |
| 1979 | -1.84 % change on previous year | +1.6% |
| 1980 | 1.73 % change on previous year | -194.5% |
| 1981 | 1.5 % change on previous year | -13.7% |
| 1982 | -13.19 % change on previous year | -981.5% |
| 1983 | -6.79 % change on previous year | -48.5% |
| 1984 | -5.03 % change on previous year | -26.0% |
| 1985 | 2.4 % change on previous year | -147.7% |
| 1986 | -0.9008 % change on previous year | -137.5% |
| 1987 | 0.8997 % change on previous year | -199.9% |
| 1988 | -3.69 % change on previous year | -510.5% |
| 1989 | -4.94 % change on previous year | +33.9% |
| 1990 | -3.04 % change on previous year | -38.6% |
| 1991 | 5.98 % change on previous year | -297.0% |
| 1992 | 7.83 % change on previous year | +30.9% |
| 1993 | 8.21 % change on previous year | +4.9% |
| 1994 | 8.52 % change on previous year | +3.8% |
| 1995 | 4.99 % change on previous year | -41.5% |
| 1996 | 7.88 % change on previous year | +58.1% |
| 1997 | 6.23 % change on previous year | -21.0% |
| 1998 | -1.71 % change on previous year | -127.4% |
| 1999 | 2.97 % change on previous year | -273.8% |
| 2000 | -1.38 % change on previous year | -146.4% |
| 2001 | 10.94 % change on previous year | -895.0% |
| 2002 | 9.64 % change on previous year | -11.9% |
| 2003 | 7.41 % change on previous year | -23.1% |
| 2004 | 12.08 % change on previous year | +62.9% |
| 2005 | 6.38 % change on previous year | -47.2% |
| 2006 | 14.07 % change on previous year | +120.5% |
| 2007 | 7.19 % change on previous year | -48.9% |
| 2008 | 1.76 % change on previous year | -75.6% |
| 2009 | 3.61 % change on previous year | +105.8% |
| 2010 | 4.14 % change on previous year | +14.6% |
| 2011 | 5.2 % change on previous year | +25.6% |
| 2012 | 5.28 % change on previous year | +1.5% |
| 2013 | 3.65 % change on previous year | -30.8% |
| 2014 | 1.69 % change on previous year | -53.8% |
| 2015 | 0.6874 % change on previous year | -59.2% |
| 2016 | 3.81 % change on previous year | +453.9% |
| 2017 | 3.73 % change on previous year | -1.9% |
| 2018 | 4.44 % change on previous year | +18.9% |
| 2019 | 5.35 % change on previous year | +20.5% |
| 2020 | 43.48 % change on previous year | +712.2% |
| 2021 | 20.06 % change on previous year | -53.9% |
| 2022 | 63.33 % change on previous year | +215.7% |
| 2023 | 33.02 % change on previous year | -47.9% |
| 2024 | 43.37 % change on previous year | +31.4% |
Guyana compared with similar countries
- Guyana's 43.37 % change on previous year is above the median for high income countries, which is 2.64 % change on previous year, 16.4× the median. (73 countries reporting)
- Guyana's 43.37 % change on previous year is above the median for Latin America & Caribbean, which is 3.36 % change on previous year, 12.9× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product … Standard Local Currency annual growth rate 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.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | -981.5% | 1.5 % change on previous year | -13.19 % change on previous year |
| 2001 | +895.0% | -1.38 % change on previous year | 10.94 % change on previous year |
| 2020 | +712.2% | 5.35 % change on previous year | 43.48 % change on previous year |
| 1988 | -510.5% | 0.8997 % change on previous year | -3.69 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.85 % change on previous year | -2.64 % change on previous year | 10.42 % change on previous year | 9 |
| 1980s | -2.8 % change on previous year | -13.19 % change on previous year | 2.4 % change on previous year | 10 |
| 1990s | 4.79 % change on previous year | -3.04 % change on previous year | 8.52 % change on previous year | 10 |
| 2000s | 7.17 % change on previous year | -1.38 % change on previous year | 14.07 % change on previous year | 10 |
| 2010s | 3.8 % change on previous year | 0.6874 % change on previous year | 5.35 % change on previous year | 10 |
| 2020s | 40.65 % change on previous year | 20.06 % change on previous year | 63.33 % change on previous year | 5 |
Countries ranked near Guyana
More economy & growth data for Guyana
- Real gdp growth, annual growth rate -55.89 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 46.26 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.73 units per person (2025)
- SDRs holdings, SDR, annual growth rate 39.28 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.99 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Guyana?
- Gross domestic product — value standard local currency, 2015 prices in Guyana was 43.37 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Guyana?
- The highest recorded value was 63.33 % change on previous year in 2022.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Guyana?
- The lowest recorded value was -13.19 % change on previous year in 1982.
- How does Guyana rank for gross domestic product — value standard local currency, 2015 prices?
- Guyana ranks 1st out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Guyana?
- Over the last ten years it is up 2,471.9%. 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 Gross Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.