Taxes on goods and services gdp in Guyana
Guyana: Taxes on goods and services gdp was 2.93 in 2023. ▲ Rising
Latest (2023)
2.93
Change on year
up 4.3%
World rank
161st
of 186 countries
All-time high
8.99
in 2019
All-time low
2.81
in 2022
Years of data
32
1987–2023
Taxes on goods and services gdp in Guyana, 1987–2023
Source: Our World in Data.
Analysis
In 2023, taxes on goods and services gdp in Guyana stood at 2.93.
Compared with earlier readings it is up 4.3% on the previous year and down 58.6% over ten years.
Over the whole period, taxes on goods and services gdp in Guyana peaked at 8.99 in 2019 and was at its lowest, 2.81, in 2022.
Guyana ranks 161st of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.85 | 3.68 | 5.56 | 3 |
| 1990s | 4.86 | 4.07 | 5.5 | 10 |
| 2000s | 6.04 | 5.09 | 8.51 | 8 |
| 2010s | 7.94 | 7.07 | 8.99 | 7 |
| 2020s | 4.76 | 2.81 | 7.36 | 4 |
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)
- Taxes less subsidies on products (current US$), annual growth rate 31.41 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0302 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 977.96 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 31.41 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 6.29 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 203,905 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0035 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 285.54 (2025)
Frequently asked questions
- What is taxes on goods and services gdp in Guyana?
- Taxes on goods and services gdp in Guyana was 2.93 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Guyana?
- The highest recorded value was 8.99 in 2019.
- What is the lowest taxes on goods and services gdp recorded in Guyana?
- The lowest recorded value was 2.81 in 2022.
- How does Guyana rank for taxes on goods and services gdp?
- Guyana ranks 161st out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Guyana?
- Over the last ten years it is down 58.6%. 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 Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (Our World in Data).