Guyana GDP

The Gross Domestic Product (GDP) in Guyana was worth 2.85 billion US dollars in 2012. The GDP value of Guyana represents less than 0.01 percent of the world economy. GDP in Guyana is reported by the World Bank. From 1960 until 2012, Guyana GDP averaged 0.7 USD Billion reaching an all time high of 2.9 USD Billion in December of 2012 and a record low of 0.2 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Guyana GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.85 2.58 2.85 0.17 3.14 | 2013/12 1960 - 2012 USD Billion Yearly

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Guyana GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 2.85 2012-12-31 2.58 2.85 0.17 3.14 2013-12-31 USD Billion [+]
GDP Annual Growth Rate 3.90 2013-06-30 4.10 11.36 -13.19 2.41 2013-12-31 Percent [+]
GDP per capita 1276.80 2012-12-31 1225.04 1276.80 658.98 1330.21 2013-12-31 USD [+]
GDP per capita PPP 2929.70 2012-12-31 2810.93 2929.70 1563.50 3054.78 2013-12-31 USD [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Guyana Inflation Rate at 0.90 Percent  
The inflation rate in Guyana was recorded at 0.90 percent in the fourth quarter of 2013. Inflation Rate in Guyana is reported by the Statistics Guyana.
Guyana Interest Rate at 5.00 Percent  
The benchmark interest rate in Guyana was last recorded at 5 percent. Interest Rate in Guyana is reported by the Bank of Guyana.
Guyana Sales Tax Rate | VAT at 16.00 Percent  
The Sales Tax Rate in Guyana stands at 16 percent. Sales Tax Rate in Guyana is reported by the Ministry of Finance.
Guyana GDP Annual Growth Rate at 3.90 Percent  
The Gross Domestic Product (GDP) in Guyana expanded 3.90 percent in the first six months of 2013 from the same period of the previous year. GDP Annual Growth Rate in Guyana is reported by the Bank of Guyana.
Guyana Balance of Trade at -49.70 USD Million  
Guyana recorded a trade deficit of 49.70 USD Million in the third quarter of 2013. Balance of Trade in Guyana is reported by the Bank of Guyana.
Guyana Current Account at -394.80 USD Million  
Guyana recorded a Current Account deficit of 394.80 USD Million in 2012. Current Account in Guyana is reported by the Bank of Guyana.
Guyana Imports at 448.40 USD Million  
Imports in Guyana decreased to 448.40 USD Million in the third quarter of 2013 from 456.30 USD Million in the second quarter of 2013. Imports in Guyana is reported by the Bank of Guyana.
Guyana Exports at 398.80 USD Million  
Exports in Guyana increased to 398.80 USD Million in the third quarter of 2013 from 318.90 USD Million in the second quarter of 2013. Exports in Guyana is reported by the Bank of Guyana.
Guyana Remittances at 405.00 USD Million  
Remittances in Guyana increased to 405 in December of 2012 from 401 in December of 2011.
Guyana GDP per capita at 1276.80 USD  
The Gross Domestic Product per capita in Guyana was last recorded at 1276.80 US dollars in 2012. The GDP per Capita in Guyana is equivalent to 10 percent of the worlds average. GDP per capita in Guyana is reported by the World Bank.
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