Gross Domestic Product — Value Standard Local Currency, annual growth in Guyana
Guyana: Gross Domestic Product — Value Standard Local Currency, annual growth was 46.8 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Guyana, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value standard local currency, annual growth in Guyana is 46.8 % change on previous year, measured in 2024.
That represents a change of up 250.6% on the previous year and up 10,398.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Guyana peaked at 149.7 % change on previous year in 1989 and was at its lowest, -9.46 % change on previous year, in 1982.
That places Guyana 7th out of 218 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, annual growth in Guyana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.32 % change on previous year | — |
| 1972 | 6.24 % change on previous year | +17.3% |
| 1973 | 7.59 % change on previous year | +21.7% |
| 1974 | 48.08 % change on previous year | +533.3% |
| 1975 | 24.41 % change on previous year | -49.2% |
| 1976 | -4.35 % change on previous year | -117.8% |
| 1977 | -1.01 % change on previous year | -76.7% |
| 1978 | 12.71 % change on previous year | -1355.2% |
| 1979 | 4.61 % change on previous year | -63.7% |
| 1980 | 13.73 % change on previous year | +197.9% |
| 1981 | 5.9 % change on previous year | -57.0% |
| 1982 | -9.46 % change on previous year | -260.2% |
| 1983 | 0.6223 % change on previous year | -106.6% |
| 1984 | 16.84 % change on previous year | +2605.8% |
| 1985 | 15.53 % change on previous year | -7.8% |
| 1986 | 13.03 % change on previous year | -16.1% |
| 1987 | 51.22 % change on previous year | +292.9% |
| 1988 | 23.23 % change on previous year | -54.6% |
| 1989 | 149.7 % change on previous year | +544.3% |
| 1990 | 51.65 % change on previous year | -65.5% |
| 1991 | 148.75 % change on previous year | +188.0% |
| 1992 | 19.94 % change on previous year | -86.6% |
| 1993 | 26.51 % change on previous year | +33.0% |
| 1994 | 27.55 % change on previous year | +3.9% |
| 1995 | 17.05 % change on previous year | -38.1% |
| 1996 | 12.2 % change on previous year | -28.5% |
| 1997 | 7.71 % change on previous year | -36.8% |
| 1998 | 1.24 % change on previous year | -83.9% |
| 1999 | 14.5 % change on previous year | +1068.2% |
| 2000 | 5.13 % change on previous year | -64.6% |
| 2001 | 11.33 % change on previous year | +120.8% |
| 2002 | 12.61 % change on previous year | +11.2% |
| 2003 | 12.9 % change on previous year | +2.4% |
| 2004 | 17.67 % change on previous year | +36.9% |
| 2005 | 14.51 % change on previous year | -17.9% |
| 2006 | 20.49 % change on previous year | +41.2% |
| 2007 | 15.99 % change on previous year | -21.9% |
| 2008 | 11.48 % change on previous year | -28.2% |
| 2009 | 4.81 % change on previous year | -58.1% |
| 2010 | 8.28 % change on previous year | +72.2% |
| 2011 | 7.73 % change on previous year | -6.6% |
| 2012 | 10.25 % change on previous year | +32.6% |
| 2013 | 3.1 % change on previous year | -69.8% |
| 2014 | -0.4544 % change on previous year | -114.7% |
| 2015 | 3.71 % change on previous year | -917.0% |
| 2016 | 4.74 % change on previous year | +27.7% |
| 2017 | 5.92 % change on previous year | +24.9% |
| 2018 | 1.43 % change on previous year | -75.9% |
| 2019 | 8.47 % change on previous year | +494.5% |
| 2020 | 5.8 % change on previous year | -31.5% |
| 2021 | 46.96 % change on previous year | +709.0% |
| 2022 | 82.96 % change on previous year | +76.7% |
| 2023 | 13.35 % change on previous year | -83.9% |
| 2024 | 46.8 % change on previous year | +250.6% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 1984 | +2605.8% | 0.6223 % change on previous year | 16.84 % change on previous year |
| 1978 | +1355.2% | -1.01 % change on previous year | 12.71 % change on previous year |
| 1999 | +1068.2% | 1.24 % change on previous year | 14.5 % change on previous year |
| 2015 | +917.0% | -0.4544 % change on previous year | 3.71 % change on previous year |
| 2021 | +709.0% | 5.8 % change on previous year | 46.96 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.51 % change on previous year | -4.35 % change on previous year | 48.08 % change on previous year | 9 |
| 1980s | 28.03 % change on previous year | -9.46 % change on previous year | 149.7 % change on previous year | 10 |
| 1990s | 32.71 % change on previous year | 1.24 % change on previous year | 148.75 % change on previous year | 10 |
| 2000s | 12.69 % change on previous year | 4.81 % change on previous year | 20.49 % change on previous year | 10 |
| 2010s | 5.32 % change on previous year | -0.4544 % change on previous year | 10.25 % change on previous year | 10 |
| 2020s | 39.17 % change on previous year | 5.8 % change on previous year | 82.96 % change on previous year | 5 |
Countries ranked near Guyana
- 4 South Sudan 81.75 % change on previous year compare
- 5 Turkey 63.53 % change on previous year compare
- 6 Venezuela (Bolivarian Republic of) 62.93 % change on previous year compare
- 8 Iran (Islamic Republic of) 38.33 % change on previous year compare
- 9 Egypt 36.9 % change on previous year compare
- 10 Ethiopia 34.72 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.70 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 6.86 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 8.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 860.28 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.3499 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 10,383 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 34.31 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in Guyana?
- Gross domestic product — value standard local currency, annual growth in Guyana was 46.8 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Guyana?
- The highest recorded value was 149.7 % change on previous year in 1989.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Guyana?
- The lowest recorded value was -9.46 % change on previous year in 1982.
- How does Guyana rank for gross domestic product — value standard local currency, annual growth?
- Guyana ranks 7th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Guyana?
- Over the last ten years it is up 10,398.3%. 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, 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. 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 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. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.