Government spending as share of GDP in Guyana

Guyana: Government spending as share of GDP was 23.2% in 2024. β–² Rising

Latest (2024)
23.2%
Change on year
down 1.9%
World rank
104th
of 151 countries
All-time high
30.5%
in 2020
All-time low
17.6%
in 1999
Years of data
28
1997–2024

Government spending as share of GDP in Guyana, 1997–2024

01020301997201020241997: 20.9 % of GDP1998: 19.7 % of GDP1999: 17.6 % of GDP2000: 22.9 % of GDP2001: 24 % of GDP2002: 23.1 % of GDP2003: 23.5 % of GDP2004: 23.7 % of GDP2005: 28.4 % of GDP2006: 29 % of GDP2007: 25.5 % of GDP2008: 24.1 % of GDP2009: 25.4 % of GDP2010: 23.9 % of GDP2011: 23.5 % of GDP2012: 21.8 % of GDP2013: 21.4 % of GDP2014: 23.1 % of GDP2015: 21.7 % of GDP2016: 25.2 % of GDP2017: 26.3 % of GDP2018: 27.6 % of GDP2019: 28.1 % of GDP2020: 30.5 % of GDP2021: 24.8 % of GDP2022: 20.3 % of GDP2023: 23.7 % of GDP2024: 23.2 % of GDP

Source: International Monetary Fund (2025) – with minor processing by Our World in Data. Measured in % of GDP.

Analysis

Guyana recorded 23.2% for government spending as share of gdp in 2024.

The figure is down 1.9% on the previous year and up 0.5% over ten years.

Over the whole period, government spending as share of gdp in Guyana peaked at 30.5% in 2020 and was at its lowest, 17.6%, 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 19.4% 17.6% 20.9% 3
2000s 25.0% 22.9% 29.0% 10
2010s 24.3% 21.4% 28.1% 10
2020s 24.5% 20.3% 30.5% 5

Countries ranked near Guyana

  1. 101 Malaysia 23.9% compare
  2. 102 Kenya 23.3% compare
  3. 103 Hong Kong 23.3% compare
  4. 105 Ghana 23.2% compare
  5. 106 Panama 23.1% compare
  6. 107 Thailand 22.7% compare

See the full ranking of 151 places β†’

More economy & growth data for Guyana

All data for Guyana β†’

Frequently asked questions

What is government spending as share of gdp in Guyana?
Government spending as share of gdp in Guyana was 23.2% in 2024, according to International Monetary Fund (2025) – with minor processing by Our World in Data.
What is the highest government spending as share of gdp recorded in Guyana?
The highest recorded value was 30.5% in 2020.
What is the lowest government spending as share of gdp recorded in Guyana?
The lowest recorded value was 17.6% in 1999.
How does Guyana rank for government spending as share of gdp?
Guyana ranks 104th out of 151 countries with data for 2024.
Is government spending as share of 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 International Monetary Fund (2025) – with minor processing by Our World in Data, published as part of Government spending as share of GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Government spending as share of GDP
Unit
% of GDP
Source
International Monetary Fund (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed

The sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.