GUY · Latin America & Caribbean /

Location

GDP per capita: 29,675 USD (PPP: 80,155 intl$) · Total GDP: 24.7 billion USD (2024)

Income and purchasing power

The average monthly income in Guyana is 1,678 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
GDP 24.66 billion USD 29,675 USD
Gross National Product (GNI) 20,140 USD
GDP (PPP) 80,155 intl$

Development of gross domestic product in billions of USD 1960 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 24.66 29,675
2023 16.92 20,474
2022 14.72 17,913
2021 8.04 9,861
2020 5.47 6,776
2019 5.17 6,406
2018 4.79 6,048
2017 4.75 6,179
2016 4.48 5,871
2015 4.28 5,640
2014 4.13 5,473
2013 4.17 5,557
2012 4.06 5,444
2011 3.69 4,947
2010 3.43 4,582
2009 3.17 4,209
2008 3.03 4,009
2007 2.73 3,608
2006 2.38 3,136
2005 0.82 1,084
2004 0.79 1,033
2003 0.74 974
2002 0.73 951
2001 0.71 932
2000 0.71 932
1999 0.69 909
1998 0.72 940
1997 0.75 983
1996 0.71 928
1995 0.62 820
1994 0.54 716
1993 0.45 603
1992 0.37 498
1991 0.35 466
1990 0.40 529
1989 0.38 503
1988 0.41 545
1987 0.35 464
1986 0.50 657
1985 0.45 588
1984 0.44 565
1983 0.49 631
1982 0.48 621
1981 0.57 735
1980 0.60 779
1979 0.53 689
1978 0.51 663
1977 0.45 593
1976 0.45 604
1975 0.49 664
1974 0.43 588
1973 0.31 421
1972 0.29 395
1971 0.28 396
1970 0.27 381
1969 0.25 361
1968 0.23 340
1967 0.25 378
1966 0.23 353
1965 0.21 336
1964 0.19 313
1963 0.18 289
1962 0.19 327
1961 0.19 319
1960 0.17 299

Largest economic sectors

The main economic sectors in Guyana play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Guyana Per Capita
Imports 27.06 billion USD (109.7% of GDP)
Exports 20.87 billion USD (84.6% of GDP)

Household debt and deficits 2024

Indicator Guyana
Household debt 6.79 billion USD (27.5% of GDP)

Corruption in Guyana

The Corruption Perceptions Index for 2024 will be displayed here once the data is available. This section will show the country's ranking and trends in corruption perception.

Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 12.0%
2024 11.9%
2023 11.9%
2022 11.9%
2021 14.6%
2020 15.3%
2019 13.2%
2018 13.6%
2017 13.5%
2016 13.3%
2015 13.0%
2014 12.6%
2013 12.3%
2012 12.0%
2011 11.8%
2010 11.6%
2009 11.3%
2008 11.0%
2007 10.8%
2006 10.7%
2005 11.1%
2004 11.3%
2003 11.5%
2002 11.8%
2001 11.8%
2000 11.9%
1999 11.8%
1998 11.7%
1997 11.6%
1996 11.5%
1995 11.6%
1994 11.5%
1993 11.6%
1992 11.9%
1991 12.1%

Inflation rates in percentages 1995 - 2024

Year Inflation Rate (%)
2024 2.9%
2023 2.8%
2022 6.1%
2021 5.0%
2020 1.0%
2019 2.1%
2018 1.3%
2017 1.9%
2016 0.8%
2015 -1.0%
2014 0.9%
2013 1.9%
2012 2.4%
2011 5.0%
2010 3.7%
2009 3.0%
2008 8.1%
2007 12.2%
2006 6.7%
2005 6.9%
2004 4.7%
2003 6.0%
2002 5.3%
2001 2.6%
2000 6.1%
1999 7.5%
1998 4.6%
1997 3.6%
1996 7.1%
1995 12.2%

Frequently Asked Questions

What is the GDP per capita of Guyana in 2024?

The GDP per capita of Guyana is 29,675 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 80,155 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Guyana?

The main economic sectors in Guyana include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Guyana in 2024?

The inflation rate in Guyana is 2.9% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Guyana including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Guyana's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Guyana's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026