The growth of the real gross domestic product (GDP) in Guyana was forecast to decrease between 2024 and 2029 by in total 31.9 percentage points. This overall decrease does not happen continuously, notably not in 2026 and 2027. The growth is estimated to amount to 11.92 percent in 2029. As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at constant prices. This is expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Colombia, Venezuela, and Suriname.
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Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.
Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.
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Guyana: Economic growth: the rate of change of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Guyana from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .
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The Gross Domestic Product (GDP) in Guyana was worth 16.79 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Guyana represents 0.02 percent of the world economy. This dataset provides - Guyana GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The gross domestic product (GDP) in current prices in Guyana was forecast to continuously increase between 2024 and 2029 by in total 8.8 billion U.S. dollars (+38.21 percent). After the fifteenth consecutive increasing year, the GDP is estimated to reach 31.81 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like Suriname, Venezuela, and Colombia.
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Guyana GY: GDP: Growth: Gross Value Added: Services data was reported at 0.545 % in 2016. This records a decrease from the previous number of 4.967 % for 2015. Guyana GY: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.997 % from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 19.150 % in 1975 and a record low of -9.938 % in 1963. Guyana GY: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Guyana – Table GY.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
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Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.
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Guyana GY: GDP: % of Total Value Added: Services data was reported at 31.610 % in 2021. This records a decrease from the previous number of 40.120 % for 2020. Guyana GY: GDP: % of Total Value Added: Services data is updated yearly, averaging 37.295 % from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 49.110 % in 2018 and a record low of 23.070 % in 1996. Guyana GY: GDP: % of Total Value Added: Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Guyana – Table GY.OECD.GGI: Governance: Economic Environment and Growth: Non OECD Member: Annual.
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Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.
Private markets drive economic growth, tapping initiative and investment to create productive jobs and raise incomes. Trade is also a driver of economic growth as it integrates developing countries into the world economy and generates benefits for their people. Data on the private sector and trade are from the World Bank Group's Private Participation in Infrastructure Project Database, Enterprise Surveys, and Doing Business Indicators, as well as from the International Monetary Fund's Balance of Payments database and International Financial Statistics, the UN Commission on Trade and Development, the World Trade Organization, and various other sources.
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Das Bruttoinlandsprodukt (BIP) in Guyana stieg im vierten Quartal 2023 um 33,20 Prozent gegenüber dem gleichen Quartal des Vorjahres. Diese Werte, historische Daten, Prognosen, Statistiken, Diagramme und ökonomische Kalender - Guyana - BIP Jahreswachstumsrate.
The gross domestic product (GDP) at PPP in Guyana was forecast to continuously increase between 2024 and 2029 by in total 79.1 billion international dollars (+126.26 percent). After the twenty-second consecutive increasing year, the GDP is estimated to reach 141.73 billion international dollars and therefore a new peak in 2029. Notably, the gross domestic product (GDP) at PPP was continuously increasing over the past years.This indicator describes the gross domestic product at current prices expressed in international dollars and adjusted for pruchasing power parity. The gross domestic product refers to the total value of final goods and services produced during a year. For the indicator at hand the GDP value has been adjusted for purchasing power parity to increase comparability regarding the costs for goods and services. The International Monetary Fund database provides further details on the utilized exchange rates.Find more key insights for the gross domestic product (GDP) at PPP in countries like Venezuela, Colombia, and Suriname.
Travel and tourism direct contribution to GDP growth of Guyana sank by 51.50% from 6.43 % in 2018 to 3.12 % in 2019. Since the 6,453.39% jump in 2009, travel and tourism direct contribution to GDP growth plummeted by 114.67% in 2019.
Contains data from World Bank's data portal covering various economic and social indicators (one per resource).
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The aim of the Human Development Report is to stimulate global, regional and national policy-relevant discussions on issues pertinent to human development. Accordingly, the data in the Report require the highest standards of data quality, consistency, international comparability and transparency. The Human Development Report Office (HDRO) fully subscribes to the Principles governing international statistical activities.
The HDI was created to emphasize that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone. The HDI can also be used to question national policy choices, asking how two countries with the same level of GNI per capita can end up with different human development outcomes. These contrasts can stimulate debate about government policy priorities. The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and have a decent standard of living. The HDI is the geometric mean of normalized indices for each of the three dimensions.
The 2019 Global Multidimensional Poverty Index (MPI) data shed light on the number of people experiencing poverty at regional, national and subnational levels, and reveal inequalities across countries and among the poor themselves.Jointly developed by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford, the 2019 global MPI offers data for 101 countries, covering 76 percent of the global population. The MPI provides a comprehensive and in-depth picture of global poverty – in all its dimensions – and monitors progress towards Sustainable Development Goal (SDG) 1 – to end poverty in all its forms. It also provides policymakers with the data to respond to the call of Target 1.2, which is to ‘reduce at least by half the proportion of men, women, and children of all ages living in poverty in all its dimensions according to national definition'.
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Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Guyana (RGDPLPGYA625NUPN) from 1970 to 2010 about Guyana, PPP, investment, per capita, consumption, government, GDP, and rate.
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Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.
Education is one of the most powerful instruments for reducing poverty and inequality and lays a foundation for sustained economic growth. The World Bank compiles data on education inputs, participation, efficiency, and outcomes. Data on education are compiled by the United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics from official responses to surveys and from reports provided by education authorities in each country.
Haiti is expected to experience the worst economic recession in Latin America and the Caribbean in 2024. Haiti's gross domestic product (GDP) in 2024 is forecast to be 3 percent lower than the value registered in 2023, based on constant prices. Aside from Argentina, Haiti, and Puerto Rico, most economies in the region were likely to experience economic growth in 2024, most notably, Guyana.
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Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.
The world economy needs ever-increasing amounts of energy to sustain economic growth, raise living standards, and reduce poverty. But today's trends in energy use are not sustainable. As the world's population grows and economies become more industrialized, nonrenewable energy sources will become scarcer and more costly. Data here on energy production, use, dependency, and efficiency are compiled by the World Bank from the International Energy Agency and the Carbon Dioxide Information Analysis Center.
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GDP per capita, PPP (current international $) in Guyana was reported at 54732 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Guyana - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.
This statistic shows the 20 countries with the highest growth of the gross domestic product (GDP) in 2023. In 2023, Guyana ranked 2nd with an estimated GDP growth of approximately 32.96 percent compared to the previous year. GDP around the world Gross domestic product (GDP) is an indicator of the monetary value of all goods and services produced by a nation in a specific time period. GDP is a strong index of a country’s economic strength - the higher the GDP of a nation, the stronger that country’s economy. The countries in the world with the highest GDP or GDP per capita are mainly developed and emerging countries, with global gross domestic product amounting to nearly 75 trillion U.S. dollars. As of 2016, the United States is the nation in the world with the highest GDP with more than 18.56 trillion U.S. dollars, which makes up more than 15.7 percent of the global GDP. The countries with the lowest gross domestic product per capita in 2014 were mainly African nations. The country in the world with the lowest GDP per capita in 2016 was South Sudan, followed by Malawi, and Burundi. However, several economically struggling African and Asian countries such as Myanmar, Côte d'Ivoire, Bhutan, and India reported the highest growth of the gross domestic product in 2016. Also in the top 20 nations with the highest growth of the GDP is China. In 2016, the GDP in China was the second highest GDP in the world. It is estimated that by 2019 the GDP in China will grow by 6 percent. Based on this estimate, GDP in China will be at around 14.6 trillion U.S. dollars by 2019.
The growth of the real gross domestic product (GDP) in Guyana was forecast to decrease between 2024 and 2029 by in total 31.9 percentage points. This overall decrease does not happen continuously, notably not in 2026 and 2027. The growth is estimated to amount to 11.92 percent in 2029. As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at constant prices. This is expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Colombia, Venezuela, and Suriname.