Revenue Statistics: Comparative tax revenues … Latin in Guyana
Guyana: Revenue Statistics: Comparative tax revenues … Latin was 9.19 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Latin America and the Caribbean - Comparative in Guyana, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in latin america and the caribbean - comparative in Guyana is 9.19 Percentage of GDP, measured in 2024. That is the lowest value across all 35 years on record.
The figure is down 20.7% on the previous year and down 48.3% over ten years.
Over the whole period, revenue statistics in latin america and the caribbean - comparative in Guyana peaked at 23.2 Percentage of GDP in 2019 and was at its lowest, 9.19 Percentage of GDP, in 2024.
Guyana ranks 29th of 29 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Revenue Statistics: Comparative tax revenues … Latin in Guyana, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 15.15 Percentage of GDP | — |
| 1991 | 13.5 Percentage of GDP | -10.9% |
| 1992 | 17.34 Percentage of GDP | +28.4% |
| 1993 | 17.19 Percentage of GDP | -0.9% |
| 1994 | 14.81 Percentage of GDP | -13.9% |
| 1995 | 16.07 Percentage of GDP | +8.5% |
| 1996 | 16.81 Percentage of GDP | +4.6% |
| 1997 | 15.31 Percentage of GDP | -8.9% |
| 1998 | 15.4 Percentage of GDP | +0.6% |
| 1999 | 14.08 Percentage of GDP | -8.6% |
| 2000 | 15.66 Percentage of GDP | +11.2% |
| 2001 | 15.13 Percentage of GDP | -3.4% |
| 2002 | 15.65 Percentage of GDP | +3.4% |
| 2003 | 15.35 Percentage of GDP | -1.9% |
| 2004 | 16.75 Percentage of GDP | +9.2% |
| 2005 | 17.63 Percentage of GDP | +5.2% |
| 2006 | 13.91 Percentage of GDP | -21.1% |
| 2007 | 15.56 Percentage of GDP | +11.9% |
| 2008 | 14.48 Percentage of GDP | -7.0% |
| 2009 | 15.32 Percentage of GDP | +5.8% |
| 2010 | 16.01 Percentage of GDP | +4.5% |
| 2011 | 16.36 Percentage of GDP | +2.2% |
| 2012 | 15.82 Percentage of GDP | -3.3% |
| 2013 | 16.43 Percentage of GDP | +3.9% |
| 2014 | 17.76 Percentage of GDP | +8.1% |
| 2015 | 18.09 Percentage of GDP | +1.8% |
| 2016 | 18.4 Percentage of GDP | +1.7% |
| 2017 | 19.53 Percentage of GDP | +6.2% |
| 2018 | 22.16 Percentage of GDP | +13.5% |
| 2019 | 23.2 Percentage of GDP | +4.7% |
| 2020 | 21.35 Percentage of GDP | -8.0% |
| 2021 | 16.84 Percentage of GDP | -21.1% |
| 2022 | 10.57 Percentage of GDP | -37.2% |
| 2023 | 11.59 Percentage of GDP | +9.7% |
| 2024 | 9.19 Percentage of GDP | -20.7% |
Guyana compared with similar countries
- Guyana's 9.19 Percentage of GDP is below the median for Latin America & Caribbean, which is 21.28 Percentage of GDP, 43% of the median. (29 countries reporting)
- Guyana's 9.19 Percentage of GDP is below the median for high income countries, which is 20.48 Percentage of GDP, 45% of the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.57 Percentage of GDP | 13.5 Percentage of GDP | 17.34 Percentage of GDP | 10 |
| 2000s | 15.54 Percentage of GDP | 13.91 Percentage of GDP | 17.63 Percentage of GDP | 10 |
| 2010s | 18.38 Percentage of GDP | 15.82 Percentage of GDP | 23.2 Percentage of GDP | 10 |
| 2020s | 13.91 Percentage of GDP | 9.19 Percentage of GDP | 21.35 Percentage of GDP | 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 revenue statistics in latin america and the caribbean - comparative in Guyana?
- Revenue statistics in latin america and the caribbean - comparative in Guyana was 9.19 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in latin america and the caribbean - comparative recorded in Guyana?
- The highest recorded value was 23.2 Percentage of GDP in 2019.
- What is the lowest revenue statistics in latin america and the caribbean - comparative recorded in Guyana?
- The lowest recorded value was 9.19 Percentage of GDP in 2024.
- How does Guyana rank for revenue statistics in latin america and the caribbean - comparative?
- Guyana ranks 29th out of 29 countries with data for 2024.
- Is revenue statistics in latin america and the caribbean - comparative rising or falling in Guyana?
- Over the last ten years it is down 48.3%. The long-run trend across the full record is rising.
- Where does this Guyana data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Latin America and the Caribbean - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from Revenue Statistics in Latin America and the Caribbean countries presented as a percentage of GDP and as a share of total tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.