gy Guyana 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$18.88 billion

↑ 10.00% vs 2023
GDP per Capita

$22,841.89

↑ 10.00% vs 2023
GDP Growth (Annual %)

10.00%

↓ 23.80pp vs 2023
Inflation Rate (CPI %)

2.90%

↑ 0.08pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $17.16 billion $18.88 billion +10.00%
GDP per Capita $20,765.35 $22,841.89 +10.00%
GDP Growth (Annual %) 33.80% 10.00% -23.80pp
Inflation (CPI %) 2.82% 2.90% +0.08pp
Unemployment Rate (%) 12.03% 10.17% -1.86pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$18.88 billion
GDP per Capita
$22,841.89
GDP Growth (Annual %)
10.00%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
2.90%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
10.17%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Guyana's Gross Domestic Product (GDP) is $18.88 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Guyana for 2024 is $22,841.89. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Guyana for 2024 is 2.90%. This measures the annual percentage change in the cost of consumer goods and services.

Guyana's annual GDP growth rate for 2024 is 10.00%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Guyana for 2024 is 10.17%. This represents the percentage of the labor force that is unemployed and actively seeking employment.