GDP Growth Rate
Year -
43.37%
In 2024, Guyana experienced a significant an increase in its GDP growth rate, which rise to 43.37% from 33.8% in 2023. Additionally, the GDP per capita growth rate in Guyana increase to 42.56% in 2024, compared to 33.03% in 2023.
In 2024, Guyana experienced a increase in economic performance, with the GDP growth rate rising by 9.57%. Additionally, the GDP per capita growth rate increase by 9.53%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 4.69% | 4.69% | 2.28% | 2.28% |
| 1962 | 1.1% | -3.59% | -1.08% | -3.36% |
| 1963 | -12.28% | -13.38% | -14.16% | -13.08% |
| 1964 | 11.36% | 23.64% | 8.99% | 23.15% |
| 1965 | 10.54% | -0.82% | 8.22% | -0.77% |
| 1966 | 5.23% | -5.31% | 3.04% | -5.18% |
| 1967 | 4.31% | -0.92% | 2.16% | -0.88% |
| 1968 | 1.02% | -3.29% | -1.04% | -3.20% |
| 1969 | 6.99% | 5.97% | 4.81% | 5.85% |
| 1970 | 4.26% | -2.73% | 2.4% | -2.41% |
| 1971 | 3.11% | -1.15% | 1.67% | -0.73% |
| 1972 | -3.32% | -6.43% | -4.52% | -6.19% |
| 1973 | 1.24% | 4.56% | 0.06% | 4.58% |
| 1974 | 7.7% | 6.46% | 6.55% | 6.49% |
| 1975 | 8.48% | 0.78% | 7.42% | 0.87% |
| 1976 | 1.54% | -6.94% | 0.61% | -6.81% |
| 1977 | -2.64% | -4.18% | -3.46% | -4.07% |
| 1978 | -1.81% | 0.83% | -2.57% | 0.89% |
| 1979 | -1.84% | -0.03% | -2.53% | 0.04% |
| 1980 | 1.73% | 3.57% | 1.17% | 3.70% |
| 1981 | 1.5% | -0.23% | 1.22% | 0.05% |
| 1982 | -13.19% | -14.69% | -13.22% | -14.44% |
| 1983 | -6.79% | 6.40% | -6.69% | 6.53% |
| 1984 | -5.03% | 1.76% | -4.81% | 1.88% |
| 1985 | 2.4% | 7.43% | 2.75% | 7.56% |
| 1986 | -0.9% | -3.30% | -0.46% | -3.21% |
| 1987 | 0.9% | 1.80% | 1.42% | 1.88% |
| 1988 | -3.69% | -4.59% | -3.13% | -4.55% |
| 1989 | -4.92% | -1.23% | -4.31% | -1.18% |
| 1990 | -3.07% | 1.85% | -2.42% | 1.89% |
| 1991 | 6.06% | 9.13% | 6.35% | 8.77% |
| 1992 | 7.76% | 1.70% | 7.46% | 1.11% |
| 1993 | 8.18% | 0.42% | 7.74% | 0.28% |
| 1994 | 8.53% | 0.35% | 8.12% | 0.38% |
| 1995 | 5.03% | -3.50% | 4.68% | -3.44% |
| 1996 | 7.96% | 2.93% | 7.65% | 2.97% |
| 1997 | 6.18% | -1.78% | 5.94% | -1.71% |
| 1998 | -1.68% | -7.86% | -1.85% | -7.79% |
| 1999 | 2.96% | 4.64% | 2.84% | 4.69% |
| 2000 | -1.36% | -4.32% | -1.41% | -4.25% |
| 2001 | 2.28% | 3.64% | 2.33% | 3.74% |
| 2002 | 1.13% | -1.15% | 1.24% | -1.09% |
| 2003 | -0.63% | -1.76% | -0.56% | -1.80% |
| 2004 | 1.56% | 2.19% | 1.65% | 2.21% |
| 2005 | -1.95% | -3.51% | -1.76% | -3.41% |
| 2006 | 5.13% | 7.08% | 5.4% | 7.16% |
| 2007 | 7.19% | 2.06% | 7.49% | 2.09% |
| 2008 | 1.76% | -5.43% | 2.06% | -5.43% |
| 2009 | 3.61% | 1.85% | 3.96% | 1.90% |
| 2010 | 4.14% | 0.53% | 4.53% | 0.57% |
| 2011 | 5.2% | 1.06% | 5.63% | 1.10% |
| 2012 | 5.28% | 0.08% | 5.26% | -0.37% |
| 2013 | 3.65% | -1.63% | 3.14% | -2.12% |
| 2014 | 1.69% | -1.96% | 1.12% | -2.02% |
| 2015 | 0.69% | -1.00% | 0.08% | -1.04% |
| 2016 | 3.81% | 3.12% | 3.16% | 3.08% |
| 2017 | 3.73% | -0.08% | 3.07% | -0.09% |
| 2018 | 4.44% | 0.71% | 1.4% | -1.67% |
| 2019 | 5.35% | 0.91% | 3.25% | 1.85% |
| 2020 | 43.48% | 38.13% | 43.51% | 40.26% |
| 2021 | 20.06% | -23.42% | 18.88% | -24.63% |
| 2022 | 63.33% | 43.27% | 62.11% | 43.23% |
| 2023 | 33.8% | -29.53% | 33.03% | -29.08% |
| 2024 | 43.37% | 9.57% | 42.56% | 9.53% |