Historical gov spending gdp in Guyana
Guyana: Historical gov spending gdp was 23.21 in 2024. ▲ Rising
Latest (2024)
23.21
Change on year
down 1.9%
World rank
104th
of 151 countries
All-time high
30.54
in 2020
All-time low
17.62
in 1999
Years of data
28
1997–2024
Historical gov spending gdp in Guyana, 1997–2024
Source: Our World in Data.
Analysis
Guyana recorded 23.21 for historical gov spending gdp in 2024.
The figure is down 1.9% on the previous year and up 0.5% over ten years.
Over the whole period, historical gov spending gdp in Guyana peaked at 30.54 in 2020 and was at its lowest, 17.62, in 1999.
That places Guyana 104th out of 151 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Historical gov spending gdp in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 20.88 | — |
| 1998 | 19.66 | -5.8% |
| 1999 | 17.62 | -10.4% |
| 2000 | 22.88 | +29.9% |
| 2001 | 24.02 | +5.0% |
| 2002 | 23.11 | -3.8% |
| 2003 | 23.5 | +1.7% |
| 2004 | 23.66 | +0.7% |
| 2005 | 28.37 | +19.9% |
| 2006 | 29 | +2.2% |
| 2007 | 25.48 | -12.1% |
| 2008 | 24.14 | -5.3% |
| 2009 | 25.36 | +5.1% |
| 2010 | 23.92 | -5.7% |
| 2011 | 23.51 | -1.7% |
| 2012 | 21.85 | -7.1% |
| 2013 | 21.41 | -2.0% |
| 2014 | 23.1 | +7.9% |
| 2015 | 21.74 | -5.9% |
| 2016 | 25.18 | +15.8% |
| 2017 | 26.3 | +4.5% |
| 2018 | 27.55 | +4.8% |
| 2019 | 28.13 | +2.1% |
| 2020 | 30.54 | +8.6% |
| 2021 | 24.78 | -18.9% |
| 2022 | 20.29 | -18.1% |
| 2023 | 23.66 | +16.7% |
| 2024 | 23.21 | -1.9% |
Guyana compared with similar countries
- Guyana's 23.21 is below the median for high income countries, which is 42.31, 55% of the median. (56 countries reporting)
- Guyana's 23.21 is below the median for Latin America & Caribbean, which is 27.1, 86% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.39 | 17.62 | 20.88 | 3 |
| 2000s | 24.95 | 22.88 | 29 | 10 |
| 2010s | 24.27 | 21.41 | 28.13 | 10 |
| 2020s | 24.5 | 20.29 | 30.54 | 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 historical gov spending gdp in Guyana?
- Historical gov spending gdp in Guyana was 23.21 in 2024, according to Our World in Data.
- What is the highest historical gov spending gdp recorded in Guyana?
- The highest recorded value was 30.54 in 2020.
- What is the lowest historical gov spending gdp recorded in Guyana?
- The lowest recorded value was 17.62 in 1999.
- How does Guyana rank for historical gov spending gdp?
- Guyana ranks 104th out of 151 countries with data for 2024.
- Is historical gov spending gdp rising or falling in Guyana?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
- Where does this Guyana data come from?
- The figures come from Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.
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CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (Our World in Data).