GDP Growth Rate
Year -
33.02%
In 2023, Guyana experienced a significant a decrease in its GDP growth rate, which fall to 33.02% from 63.44% in 2022. Additionally, the GDP per capita growth rate in Guyana decrease to 32.18% in 2023, compared to 62.60% in 2022.
In 2023, Guyana experienced a decrease in economic performance, with the GDP growth rate falling by 30.42%. Additionally, the GDP per capita growth rate decrease by 30.42%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 4.69% | 4.69% | 1.74% | 1.74% |
| 1962 | 1.1% | -3.59% | -1.61% | -3.35% |
| 1963 | -12.28% | -13.38% | -14.52% | -12.91% |
| 1964 | 11.36% | 23.64% | 8.69% | 23.21% |
| 1965 | 10.54% | -0.82% | 8.12% | -0.57% |
| 1966 | 5.23% | -5.31% | 3.17% | -4.95% |
| 1967 | 4.31% | -0.92% | 2.49% | -0.68% |
| 1968 | 1.02% | -3.29% | -0.57% | -3.06% |
| 1969 | 6.99% | 5.97% | 5.45% | 6.02% |
| 1970 | 4.26% | -2.73% | 2.87% | -2.58% |
| 1971 | 3.11% | -1.15% | 1.86% | -1.01% |
| 1972 | -3.32% | -6.43% | -4.4% | -6.26% |
| 1973 | 1.24% | 4.56% | 0.15% | 4.55% |
| 1974 | 7.7% | 6.46% | 6.56% | 6.41% |
| 1975 | 8.48% | 0.78% | 7.34% | 0.78% |
| 1976 | 1.54% | -6.94% | 0.46% | -6.88% |
| 1977 | -2.64% | -4.18% | -3.64% | -4.10% |
| 1978 | -1.81% | 0.83% | -2.73% | 0.91% |
| 1979 | -1.84% | -0.03% | -2.58% | 0.15% |
| 1980 | 1.73% | 3.57% | 1.25% | 3.83% |
| 1981 | 1.5% | -0.23% | 1.3% | 0.05% |
| 1982 | -13.19% | -14.69% | -13.18% | -14.48% |
| 1983 | -6.79% | 6.40% | -6.64% | 6.54% |
| 1984 | -5.03% | 1.76% | -4.74% | 1.90% |
| 1985 | 2.4% | 7.43% | 2.84% | 7.58% |
| 1986 | -0.9% | -3.30% | -0.36% | -3.20% |
| 1987 | 0.9% | 1.80% | 1.53% | 1.89% |
| 1988 | -3.69% | -4.59% | -3.03% | -4.56% |
| 1989 | -4.92% | -1.23% | -4.22% | -1.19% |
| 1990 | -3.07% | 1.85% | -2.32% | 1.90% |
| 1991 | 6.06% | 9.13% | 6.49% | 8.81% |
| 1992 | 7.76% | 1.70% | 7.63% | 1.14% |
| 1993 | 8.18% | 0.42% | 7.86% | 0.23% |
| 1994 | 8.53% | 0.35% | 8.19% | 0.33% |
| 1995 | 5.03% | -3.50% | 4.73% | -3.46% |
| 1996 | 7.96% | 2.93% | 7.69% | 2.96% |
| 1997 | 6.18% | -1.78% | 5.95% | -1.74% |
| 1998 | -1.68% | -7.86% | -1.87% | -7.82% |
| 1999 | 2.96% | 4.64% | 2.78% | 4.65% |
| 2000 | -1.36% | -4.32% | -1.5% | -4.28% |
| 2001 | 2.28% | 3.64% | 2.18% | 3.68% |
| 2002 | 1.13% | -1.15% | 1.06% | -1.12% |
| 2003 | -0.63% | -1.76% | -0.66% | -1.72% |
| 2004 | 1.56% | 2.19% | 1.58% | 2.24% |
| 2005 | -1.95% | -3.51% | -1.86% | -3.44% |
| 2006 | 5.13% | 7.08% | 5.32% | 7.18% |
| 2007 | 7.19% | 2.06% | 7.45% | 2.13% |
| 2008 | 1.76% | -5.43% | 2.08% | -5.37% |
| 2009 | 3.61% | 1.85% | 4.01% | 1.93% |
| 2010 | 4.14% | 0.53% | 4.6% | 0.59% |
| 2011 | 5.2% | 1.06% | 5.72% | 1.12% |
| 2012 | 5.28% | 0.08% | 5.31% | -0.41% |
| 2013 | 3.65% | -1.63% | 3.17% | -2.14% |
| 2014 | 1.69% | -1.96% | 1.19% | -1.98% |
| 2015 | 0.69% | -1.00% | 0.17% | -1.02% |
| 2016 | 3.81% | 3.12% | 3.25% | 3.08% |
| 2017 | 3.73% | -0.08% | 3.17% | -0.08% |
| 2018 | 4.44% | 0.71% | 1.48% | -1.69% |
| 2019 | 5.35% | 0.91% | 3.61% | 2.13% |
| 2020 | 43.48% | 38.13% | 43.76% | 40.15% |
| 2021 | 20.01% | -23.47% | 18.91% | -24.85% |
| 2022 | 63.44% | 43.43% | 62.6% | 43.69% |
| 2023 | 33.02% | -30.42% | 32.18% | -30.42% |