The Gross Domestic Product (GDP) in Guyana expanded 43.80 percent in the fourth quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in Guyana averaged 5.19 percent from 1961 until 2024, reaching an all time high of 63.30 percent in 2022 and a record low of -13.19 percent in 1982. source: Bank of Guyana

GDP Annual Growth Rate in Guyana is expected to reach 10.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guyana GDP Annual Growth Rate is projected to trend around 6.00 percent in 2026, according to our econometric models.



Related Last Previous Unit Reference
GDP 24.84 16.92 USD Billion Dec 2024
GDP Annual Growth Rate 43.80 33.80 percent Dec 2024
GDP Constant Prices 5524036.00 3821719.00 GYD Million Dec 2024
GDP per Capita 32932.21 23101.35 USD Dec 2024
GDP per Capita PPP 70297.40 49312.36 USD Dec 2024



Guyana GDP Annual Growth Rate
Guyana is one of the poorest countries in Latin America. Guyana’s economy is dependent on agriculture, mining (gold and bauxite), eco-tourism and foreign aid. Recent debt reliefs under the Highly Indebted Poor Countries initiative and the entrance into the Caribbean Single Market and Economy have enabled investment on infrastructure and broadened the export market. As a result, commercial agriculture and industrial production has been expanding. However, systemic trade deficits, high crime rates and skilled labour-force migration continue to hamper economic development.
Actual Previous Highest Lowest Dates Unit Frequency
43.80 33.80 63.30 -13.19 1961 - 2024 percent Yearly