Guyana | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 202.71 206 208 211 215 245 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 3.00 3.4 3.4 3.4 3.4 4.2 percent [+]
GDP 3.17 3.4 3.4 3.27 3.29 3.64 USD Billion [+]
GDP per capita 3663.42 3800 3800 3756 3800 4200 USD [+]
GDP per capita PPP 7064.45 7167 7221 7275 7330 8224 USD [+]
Gdp Constant Prices 385435.00 394283 397095 400524 403953 456290 GYD Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 21.00 20 20 20 20 19 percent [+]
Population 0.74 0.73 0.74 0.74 0.74 0.75 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 1.40 1.6 1.7 1.8 2 2.5 percent [+]
Inflation Rate Mom 0.30 0.04 0.07 0.07 0.07 0.07 percent [+]
Consumer Price Index Cpi 113.50 114 114 115 115 120 Index Points [+]
Food Inflation 4.20 4.12 4.25 4.26 4.28 4.29 percent [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 5.00 5 5 5 5 5 percent [+]
Deposit Interest Rate 1.11 1.18 1.17 1.17 1.17 1.09 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -133.90 -135 -123 -115 -111 -112 USD Million [+]
Exports 329.00 326 360 326 359 358 USD Million [+]
Imports 462.80 439 465 440 467 467 USD Million [+]
Current Account -144.20 -291 -283 -276 -269 -210 USD Million [+]
Current Account to GDP -4.60 -10.18 -8.37 -6.56 -4.75 -6.93 percent [+]
Remittances 415.00 417 416 416 416 418 USD Million [+]
Terrorism Index 0.00 0.57 0.63 0.69 0.76 1.28 [+]
Tourist Arrivals 206.80 205 210 210 209 209 Thousand [+]
External Debt 1153695.00 1158047 1160650 1160039 1162686 1163393 USD Thousand [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 48.80 46.92 48.34 49.77 51.19 48.26 percent [+]
Government Budget -1.40 -4.49 -3.77 -3.05 -2.33 -2.68 percent of GDP [+]
Military Expenditure 44.70 42.58 43.96 45.34 45.44 48.74 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Ease of Doing Business 124.00 128 126 125 124 124 [+]
Competitiveness Index 3.56 3.59 3.57 3.55 3.53 3.5 Points [+]
Competitiveness Rank 121.00 117 114 112 110 114 [+]
Corruption Index 34.00 31 31 31 31 34 Points [+]
Corruption Rank 108.00 121 120 120 120 126 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Sales Tax Rate 16.00 16 16 16 16 16 percent [+]





Economic Forecasts for Guyana including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Guyana economy. 3/27/2017