Gross domestic savings in Guyana
Guyana: Gross domestic savings was -0.3% in 2005. ▼ Falling
Gross domestic savings in Guyana, 1960–2005
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross domestic savings in Guyana is -0.3%, measured in 2005. That is the lowest value across all 46 years on record.
That represents a change of down 102.3% on the previous year and down 101.4% over ten years.
Over the whole period, gross domestic savings in Guyana peaked at 33.7% in 1963 and was at its lowest, -0.3%, in 2005.
Guyana ranks 160th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Gross domestic savings in Guyana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 20.0% | — |
| 1961 | 23.1% | +15.1% |
| 1962 | 28.4% | +23.1% |
| 1963 | 33.7% | +18.6% |
| 1964 | 19.6% | -41.7% |
| 1965 | 19.8% | +1.0% |
| 1966 | 18.7% | -5.7% |
| 1967 | 23.5% | +25.5% |
| 1968 | 25.4% | +8.0% |
| 1969 | 24.6% | -2.9% |
| 1970 | 22.2% | -9.8% |
| 1971 | 22.4% | +0.6% |
| 1972 | 18.5% | -17.1% |
| 1973 | 10.5% | -43.3% |
| 1974 | 28.3% | +169.5% |
| 1975 | 33.0% | +16.6% |
| 1976 | 12.5% | -62.1% |
| 1977 | 13.5% | +7.9% |
| 1978 | 20.5% | +51.6% |
| 1979 | 21.6% | +5.3% |
| 1980 | 20.4% | -5.4% |
| 1981 | 8.0% | -60.9% |
| 1982 | 7.7% | -4.0% |
| 1983 | 2.7% | -64.9% |
| 1984 | 20.2% | +651.6% |
| 1985 | 22.0% | +8.8% |
| 1986 | 33.2% | +51.0% |
| 1987 | 19.9% | -40.1% |
| 1988 | 16.8% | -15.4% |
| 1989 | 15.0% | -10.7% |
| 1990 | 14.0% | -7.1% |
| 1991 | 21.8% | +55.8% |
| 1992 | 28.3% | +29.8% |
| 1993 | 23.7% | -16.2% |
| 1994 | 14.9% | -37.0% |
| 1995 | 22.3% | +49.4% |
| 1996 | 25.8% | +15.4% |
| 1997 | 22.1% | -14.3% |
| 1998 | 16.9% | -23.2% |
| 1999 | 17.0% | +0.1% |
| 2000 | 9.2% | -45.9% |
| 2001 | 7.7% | -15.5% |
| 2002 | 8.7% | +12.9% |
| 2003 | 11.1% | +27.5% |
| 2004 | 13.9% | +25.2% |
| 2005 | -0.3% | -102.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.7% | 18.7% | 33.7% | 10 |
| 1970s | 20.3% | 10.5% | 33.0% | 10 |
| 1980s | 16.6% | 2.7% | 33.2% | 10 |
| 1990s | 20.7% | 14.0% | 28.3% | 10 |
| 2000s | 8.4% | -0.3% | 13.9% | 6 |
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)
- 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 gross domestic savings in Guyana?
- Gross domestic savings in Guyana was -0.3% in 2005, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Guyana?
- The highest recorded value was 33.7% in 1963.
- What is the lowest gross domestic savings recorded in Guyana?
- The lowest recorded value was -0.3% in 2005.
- How does Guyana rank for gross domestic savings?
- Guyana ranks 160th out of 188 countries with data for 2005.
- Is gross domestic savings rising or falling in Guyana?
- Over the last ten years it is down 101.4%. The long-run trend across the full record is falling.
- Where does this Guyana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.