Gross savings in Guyana
Guyana: Gross savings was 28.81 billion current LCU in 2005. ◆ Volatile
Gross savings in Guyana, 1977–2005
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2005, gross savings in Guyana stood at 28.81 billion current LCU.
Compared with earlier readings it is down 4.4% on the previous year and up 76.6% over ten years.
Over the whole period, gross savings in Guyana peaked at 30.14 billion current LCU in 2004 and was at its lowest, -172.50 million current LCU, in 1983.
That places Guyana 122nd out of 177 countries with data for 2005, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 154.67 million current LCU | 75.00 million current LCU | 209.98 million current LCU | 3 |
| 1980s | 10.22 million current LCU | -172.50 million current LCU | 200.74 million current LCU | 6 |
| 1990s | 14.48 billion current LCU | 6.05 billion current LCU | 23.95 billion current LCU | 8 |
| 2000s | 17.62 billion current LCU | 8.96 billion current LCU | 30.14 billion current LCU | 6 |
Countries ranked near Guyana
- 119 Ecuador 35.30 billion current LCU compare
- 120 Azerbaijan 30.29 billion current LCU compare
- 121 Sierra Leone 30.20 billion current LCU compare
- 123 Panama 28.55 billion current LCU compare
- 124 Greece 25.51 billion current LCU compare
- 125 Mozambique 24.80 billion current LCU compare
More economy & growth data for Guyana
- External balance on goods and services as a percent of GDP -25.1% (2005)
- Inflation of consumer prices 3.3% (2025)
- GDP per capita 39,192 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 1.9% (2025)
- Gross domestic product (GDP) 32.76 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 39,192 constant 2015 US$ (2025)
- DEC alternative conversion factor 208.5 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 217.32 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.04 billion current US$ (2025)
- Taxes less subsidies on products 170.46 billion current LCU (2025)
Frequently asked questions
- What is gross savings in Guyana?
- Gross savings in Guyana was 28.81 billion current LCU in 2005, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Guyana?
- The highest recorded value was 30.14 billion current LCU in 2004.
- What is the lowest gross savings recorded in Guyana?
- The lowest recorded value was -172.50 million current LCU in 1983.
- How does Guyana rank for gross savings?
- Guyana ranks 122nd out of 177 countries with data for 2005.
- Is gross savings rising or falling in Guyana?
- Over the last ten years it is up 76.6%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.