Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guyana
Guyana: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 5.62 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guyana, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Guyana stood at 5.62 million million SLC. That is the highest value across all 55 years on record.
That represents a change of up 43.4% on the previous year and up 540.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Guyana peaked at 5.62 million million SLC in 2024 and was at its lowest, 223,076 million SLC, in 1990.
Guyana ranks 50th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guyana, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 264,403 million SLC | — |
| 1971 | 271,857 million SLC | +2.8% |
| 1972 | 266,476 million SLC | -2.0% |
| 1973 | 271,068 million SLC | +1.7% |
| 1974 | 290,024 million SLC | +7.0% |
| 1975 | 320,236 million SLC | +10.4% |
| 1976 | 329,615 million SLC | +2.9% |
| 1977 | 320,918 million SLC | -2.6% |
| 1978 | 315,121 million SLC | -1.8% |
| 1979 | 309,337 million SLC | -1.8% |
| 1980 | 314,700 million SLC | +1.7% |
| 1981 | 319,409 million SLC | +1.5% |
| 1982 | 277,278 million SLC | -13.2% |
| 1983 | 258,444 million SLC | -6.8% |
| 1984 | 245,448 million SLC | -5.0% |
| 1985 | 251,338 million SLC | +2.4% |
| 1986 | 249,074 million SLC | -0.9% |
| 1987 | 251,315 million SLC | +0.9% |
| 1988 | 242,032 million SLC | -3.7% |
| 1989 | 230,065 million SLC | -4.9% |
| 1990 | 223,076 million SLC | -3.0% |
| 1991 | 236,426 million SLC | +6.0% |
| 1992 | 254,941 million SLC | +7.8% |
| 1993 | 275,882 million SLC | +8.2% |
| 1994 | 299,396 million SLC | +8.5% |
| 1995 | 314,325 million SLC | +5.0% |
| 1996 | 339,104 million SLC | +7.9% |
| 1997 | 360,220 million SLC | +6.2% |
| 1998 | 354,066 million SLC | -1.7% |
| 1999 | 364,581 million SLC | +3.0% |
| 2000 | 359,562 million SLC | -1.4% |
| 2001 | 398,914 million SLC | +10.9% |
| 2002 | 437,383 million SLC | +9.6% |
| 2003 | 469,803 million SLC | +7.4% |
| 2004 | 526,542 million SLC | +12.1% |
| 2005 | 560,135 million SLC | +6.4% |
| 2006 | 638,939 million SLC | +14.1% |
| 2007 | 684,887 million SLC | +7.2% |
| 2008 | 696,908 million SLC | +1.8% |
| 2009 | 722,077 million SLC | +3.6% |
| 2010 | 751,960 million SLC | +4.1% |
| 2011 | 791,034 million SLC | +5.2% |
| 2012 | 832,771 million SLC | +5.3% |
| 2013 | 863,196 million SLC | +3.7% |
| 2014 | 877,753 million SLC | +1.7% |
| 2015 | 883,787 million SLC | +0.7% |
| 2016 | 917,437 million SLC | +3.8% |
| 2017 | 951,698 million SLC | +3.7% |
| 2018 | 993,962 million SLC | +4.4% |
| 2019 | 1.05 million million SLC | +5.4% |
| 2020 | 1.50 million million SLC | +43.5% |
| 2021 | 1.80 million million SLC | +20.1% |
| 2022 | 2.95 million million SLC | +63.3% |
| 2023 | 3.92 million million SLC | +33.0% |
| 2024 | 5.62 million million SLC | +43.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 295,906 million SLC | 264,403 million SLC | 329,615 million SLC | 10 |
| 1980s | 263,910 million SLC | 230,065 million SLC | 319,409 million SLC | 10 |
| 1990s | 302,202 million SLC | 223,076 million SLC | 364,581 million SLC | 10 |
| 2000s | 549,515 million SLC | 359,562 million SLC | 722,077 million SLC | 10 |
| 2010s | 891,077 million SLC | 751,960 million SLC | 1.05 million million SLC | 10 |
| 2020s | 3.16 million million SLC | 1.50 million million SLC | 5.62 million million SLC | 5 |
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)
- 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)
- Imports of goods and services (current US$), per capita 1,190 current US$ per person (2005)
- Imports of goods and services (current LCU), annual growth rate 10.11 % change on previous year (2005)
- Imports of goods and services (current LCU), per unit of GDP 219.32 current LCU per US$ of GDP (2005)
- Imports of goods and services (current LCU), per capita 237,756 current LCU per person (2005)
- External balance on goods and services (current US$), annual growth -173.82 % change on previous year (2005)
- External balance on goods and services (current LCU), annual growth -175.98 % change on previous year (2005)
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 5.62 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Guyana?
- The highest recorded value was 5.62 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Guyana?
- The lowest recorded value was 223,076 million SLC in 1990.
- How does Guyana rank for gross domestic product — value standard local currency, 2015 prices?
- Guyana ranks 50th out of 194 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 540.1%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).