GDP (constant LCU), annual growth rate in Guyana

Guyana: GDP (constant LCU), annual growth rate was 43.37 % change on previous year in 2024. ◆ Volatile

Latest (2024)
43.37 % change on previous year
Change on year
up 28.3%
World rank
1st
of 212 countries
All-time high
63.33 % change on previous year
in 2022
All-time low
-13.19 % change on previous year
in 1982
Years of data
54
1971–2024

GDP (constant LCU), annual growth rate in Guyana, 1971–2024

-200204060197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Guyana recorded 43.37 % change on previous year for gdp (constant lcu), annual growth rate in 2024.

The figure is up 28.3% on the previous year and up 2,471.7% over ten years.

Over the whole period, gdp (constant lcu), annual growth rate in Guyana peaked at 63.33 % change on previous year in 2022 and was at its lowest, -13.19 % change on previous year, in 1982.

Guyana ranks 1st of 212 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (constant LCU), annual growth rate in Guyana, year by year

Annual values for GDP (constant LCU), annual growth rate in Guyana, 1971 to 2024.
Year % change on previous year Change
1971 3.11 % change on previous year
1972 -3.32 % change on previous year -206.6%
1973 1.24 % change on previous year -137.5%
1974 7.7 % change on previous year +518.8%
1975 8.48 % change on previous year +10.1%
1976 1.54 % change on previous year -81.9%
1977 -2.64 % change on previous year -271.7%
1978 -1.81 % change on previous year -31.6%
1979 -1.84 % change on previous year +1.6%
1980 1.73 % change on previous year -194.5%
1981 1.5 % change on previous year -13.7%
1982 -13.19 % change on previous year -981.6%
1983 -6.79 % change on previous year -48.5%
1984 -5.03 % change on previous year -26.0%
1985 2.4 % change on previous year -147.7%
1986 -0.9005 % change on previous year -137.5%
1987 0.8994 % change on previous year -199.9%
1988 -3.69 % change on previous year -510.7%
1989 -4.92 % change on previous year +33.1%
1990 -3.07 % change on previous year -37.6%
1991 6.06 % change on previous year -297.5%
1992 7.76 % change on previous year +28.1%
1993 8.18 % change on previous year +5.4%
1994 8.53 % change on previous year +4.4%
1995 5.03 % change on previous year -41.0%
1996 7.96 % change on previous year +58.1%
1997 6.18 % change on previous year -22.3%
1998 -1.68 % change on previous year -127.2%
1999 2.96 % change on previous year -276.3%
2000 -1.36 % change on previous year -146.1%
2001 2.28 % change on previous year -267.1%
2002 1.13 % change on previous year -50.3%
2003 -0.6323 % change on previous year -155.8%
2004 1.56 % change on previous year -347.3%
2005 -1.95 % change on previous year -224.8%
2006 5.13 % change on previous year -362.9%
2007 7.19 % change on previous year +40.2%
2008 1.76 % change on previous year -75.6%
2009 3.61 % change on previous year +105.8%
2010 4.14 % change on previous year +14.6%
2011 5.2 % change on previous year +25.6%
2012 5.28 % change on previous year +1.5%
2013 3.65 % change on previous year -30.8%
2014 1.69 % change on previous year -53.8%
2015 0.6874 % change on previous year -59.2%
2016 3.81 % change on previous year +453.9%
2017 3.73 % change on previous year -1.9%
2018 4.44 % change on previous year +18.9%
2019 5.35 % change on previous year +20.5%
2020 43.48 % change on previous year +712.3%
2021 20.06 % change on previous year -53.9%
2022 63.33 % change on previous year +215.7%
2023 33.79 % change on previous year -46.6%
2024 43.37 % change on previous year +28.3%

Guyana compared with similar countries

  • Guyana's 43.37 % change on previous year is above the median for high income countries, which is 2.27 % change on previous year, 19.1× the median. (83 countries reporting)
  • Guyana's 43.37 % change on previous year is above the median for Latin America & Caribbean, which is 3.38 % change on previous year, 12.8× the median. (41 countries reporting)

Biggest year-on-year movements

Years where GDP (constant LCU), annual growth rate in Guyana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1982 -981.6% 1.5 % change on previous year -13.19 % change on previous year
2020 +712.3% 5.35 % change on previous year 43.48 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.39 % change on previous year -3.32 % change on previous year 8.48 % change on previous year 9
1980s -2.8 % change on previous year -13.19 % change on previous year 2.4 % change on previous year 10
1990s 4.79 % change on previous year -3.07 % change on previous year 8.53 % change on previous year 10
2000s 1.87 % change on previous year -1.95 % change on previous year 7.19 % change on previous year 10
2010s 3.8 % change on previous year 0.6874 % change on previous year 5.35 % change on previous year 10
2020s 40.81 % change on previous year 20.06 % change on previous year 63.33 % change on previous year 5

Countries ranked near Guyana

  1. 2 Northern Mariana Islands 16.64 % change on previous year compare
  2. 3 Georgia 9.43 % change on previous year compare
  3. 4 Samoa 9.42 % change on previous year compare

See the full ranking of 212 places →

More population data for Guyana

All data for Guyana →

Frequently asked questions

What is gdp (constant lcu), annual growth rate in Guyana?
Gdp (constant lcu), annual growth rate in Guyana was 43.37 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (constant lcu), annual growth rate recorded in Guyana?
The highest recorded value was 63.33 % change on previous year in 2022.
What is the lowest gdp (constant lcu), annual growth rate recorded in Guyana?
The lowest recorded value was -13.19 % change on previous year in 1982.
How does Guyana rank for gdp (constant lcu), annual growth rate?
Guyana ranks 1st out of 212 countries with data for 2024.
Is gdp (constant lcu), annual growth rate rising or falling in Guyana?
Over the last ten years it is up 2,471.7%. The long-run trend across the full record is volatile.
Where does this Guyana data come from?
The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (constant LCU), annual growth rate in Guyana. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-annual-growth-rate-2/guyana/

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How this figure is calculated

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
212 places, 10,021 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.