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. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.85 2.58 2.85 0.17 3.28 | 2014/06 1960 - 2012 USD Billion Yearly

TO

Guyana GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 2.85 2012-12-31 2.58 2.85 0.17 3.28 2014-06-30 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 1357.91 2014-06-30 USD [+]
GDP per capita PPP 2929.70 2012-12-31 2810.93 2929.70 1563.50 3115.81 2014-06-30 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.
MORE RELATED NEWS

LATEST NEWS

Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News