Guyana GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$29,675.24

Source: world bank Nominal/PPP
Summary:

Guyana GDP Per Capita expanded from 1960 to 2024, increasing from $299.07 to $29,675.24 .The compound annual growth rate (CAGR) averaged 7.45% over the period. The economy recorded its peak level in 2024 and its lowest level in 1963. Growth volatility remained high. The maximum drawdown reached 40.43%, indicating the largest cyclical decline from peak levels. The country experienced 13 recession episode(s) during the observed period.

Latest GDP Per Capita of Guyana 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 29,675.24 dollars$ 80,155.04 Int dollars
Growth (YoY)44.943%46.458%
Net Change vs Previous Year$ 9,201.54 dollars$ 25,426.00 Int dollars
% of World GDP Per Capita26.74%40.14%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Guyana GDP | Guyana GDP Growth

Guyana Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960299.07-----
1961319.0219.946.668 %---
1962327.398.372.625 %---
1963288.82-38.57-11.782 %---
1964313.2624.448.462 %---
1965335.7422.477.174 %---
1966352.5916.855.02 %---
1967377.7325.147.131 %---
1968339.79-37.95-10.046 %---
1969361.1921.46.298 %---
1970381.119.915.513 %---
1971395.7714.673.85 %---
1972395.47-0.3-0.075 %---
1973420.5325.066.337 %---
1974587.97167.4439.815 %---
1975663.875.8312.897 %---
1976604.11-59.69-8.993 %---
1977593-11.11-1.839 %---
1978663.2170.2111.84 %---
1979688.8325.623.863 %---
1980778.9690.1313.085 %---
1981734.57-44.39-5.699 %---
1982620.56-114-15.52 %---
1983630.6710.111.629 %---
1984565.33-65.34-10.36 %---
1985587.8222.483.977 %---
1986657.0169.211.772 %---
1987464.05-192.96-29.369 %---
1988544.7280.6617.382 %---
1989503.11-41.61-7.638 %---
1990528.8525.745.117 %3021.61--
1991466.04-62.81-11.877 %3322.04300.439.943 %
1992498.1632.126.891 %3651.32329.299.912 %
1993603.08104.9321.063 %4027.05375.7210.29 %
1994715.61112.5318.659 %4447.1420.0510.431 %
1995819.67104.0614.541 %4752.65305.556.871 %
1996927.52107.8613.158 %5209.99457.349.623 %
1997982.855.285.96 %5614.71404.727.768 %
1998939.69-43.12-4.387 %5572.67-42.04-0.749 %
1999908.79-30.89-3.288 %5812239.334.295 %
2000931.823.012.531 %5859.9247.920.824 %
2001931.57-0.22-0.024 %6131.3271.384.631 %
2002950.8719.292.071 %6303.9172.612.815 %
2003973.7422.882.406 %6392.3388.431.403 %
20041033.3159.576.117 %6672.82280.494.388 %
20051084.0750.764.912 %6761.1288.291.323 %
20063135.612051.54189.245 %7345.94584.828.65 %
20073608.29472.6815.075 %8110.03764.0910.402 %
20084008.96400.6811.104 %8436.51326.484.026 %
20094209.13200.174.993 %8824.49387.984.599 %
20104581.76372.638.853 %9336.6512.115.803 %
20114947.22365.467.976 %10066.07729.477.813 %
20125444.4497.1810.05 %10626.83560.755.571 %
20135556.91112.512.067 %11199.89573.065.393 %
20145472.69-84.22-1.516 %11145.03-54.86-0.49 %
20155640.42167.733.065 %11408.47263.442.364 %
20165870.88230.464.086 %11516.38107.910.946 %
20176178.67307.795.243 %12243.22726.846.311 %
20186048.39-130.28-2.109 %12442.51199.291.628 %
20196405.82357.445.91 %13240.97798.466.417 %
20206775.71369.885.774 %16819.423578.4527.026 %
20219860.873085.1645.533 %22865.936046.535.95 %
202217913.498052.6281.662 %39710.9716845.0473.669 %
202320473.72560.2114.292 %54729.0415018.0737.818 %
202429675.249201.5444.943 %80155.042542646.458 %

Guyana Economic Phases (1960 - 2024)

From 1960 to 2024, Guyana economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1964–1967) indicating robust economic expansion
  • High Growth (1969–1970) indicating robust economic expansion
  • High Growth (1973–1975) indicating robust economic expansion
  • Contraction (1976–1977) indicating temporary slowdown
  • High Growth (1992–1997) indicating robust economic expansion
  • Contraction (1998–1999) indicating temporary slowdown
  • Expansion (2002–2003) indicating steady moderate growth
  • High Growth (2006–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • Expansion (2015–2016) indicating steady moderate growth
  • High Growth (2019–2024) indicating robust economic expansion

The most remarkable growth occurred in 2006 with an increase of 189.245%, while the largest decline was in 1987 at -29.369%.