Annual inflation, consumer prices in Guyana
Guyana: Annual inflation, consumer prices was 2.9% in 2024. ◆ Volatile
Annual inflation, consumer prices in Guyana, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Guyana recorded 2.9% for annual inflation, consumer prices in 2024.
The figure is up 2.9% on the previous year and up 240.6% over ten years.
Over the whole period, annual inflation, consumer prices in Guyana peaked at 12.2% in 2007 and was at its lowest, -1.0%, in 2015.
That places Guyana 113th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.1% | — |
| 2001 | 2.6% | -57.3% |
| 2002 | 5.3% | +103.3% |
| 2003 | 6.0% | +12.0% |
| 2004 | 4.7% | -21.9% |
| 2005 | 6.9% | +48.3% |
| 2006 | 6.7% | -3.6% |
| 2007 | 12.2% | +82.7% |
| 2008 | 8.1% | -33.6% |
| 2009 | 3.0% | -63.6% |
| 2010 | 3.7% | +26.5% |
| 2011 | 5.0% | +33.3% |
| 2012 | 2.4% | -51.9% |
| 2013 | 1.9% | -20.5% |
| 2014 | 0.9% | -55.2% |
| 2015 | -1.0% | -217.5% |
| 2016 | 0.8% | -183.5% |
| 2017 | 1.9% | +127.8% |
| 2018 | 1.3% | -32.6% |
| 2019 | 2.1% | +62.7% |
| 2020 | 1.0% | -52.4% |
| 2021 | 5.0% | +406.7% |
| 2022 | 6.1% | +21.5% |
| 2023 | 2.8% | -53.9% |
| 2024 | 2.9% | +2.9% |
Guyana compared with similar countries
- Guyana's 2.9% is above the median for high income countries, which is 2.4%, 1.2× the median. (64 countries reporting)
- Guyana's 2.9% is below the median for Latin America & Caribbean, which is 3.3%, 88% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.2% | 2.6% | 12.2% | 10 |
| 2010s | 1.9% | -1.0% | 5.0% | 10 |
| 2020s | 3.6% | 1.0% | 6.1% | 5 |
Countries ranked near Guyana
- 110 Austria 2.9% compare
- 111 New Zealand 2.9% compare
- 112 Equatorial Guinea 2.9% compare
- 114 Kuwait 2.9% compare
- 115 Democratic Republic of the Congo 2.9% compare
- 116 Guatemala 2.9% compare
More development goals data for Guyana
- Red List Index 0.7279 index (2025)
- Number of refugees per 100,000 population, by country of origin 35.28 per 100,000 people (2025)
- Manufacturing value added per capita 459.03 constant US$ (2025)
- Number of transboundary breeds 29 (2025)
- Number of transboundary breeds (not extinct) 29 (2025)
- Number of transboundary breeds with unknown risk status 29 (2025)
- Number of local breeds with unknown risk status 11 (2025)
- Number of local breeds (not extinct) 11 (2025)
- Number of local breeds kept in the country 11 (2025)
- Infant deaths 385 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Guyana?
- Annual inflation, consumer prices in Guyana was 2.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Guyana?
- The highest recorded value was 12.2% in 2007.
- What is the lowest annual inflation, consumer prices recorded in Guyana?
- The lowest recorded value was -1.0% in 2015.
- How does Guyana rank for annual inflation, consumer prices?
- Guyana ranks 113th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Guyana?
- Over the last ten years it is up 240.6%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
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