Guyana - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Guyana including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Guyana economy.


MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 207.56
209 213 218 223 244
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 2.10
percent
4.3 2.7 2.6 2.67 4.2
GDP 3.45
USD Billion
3.4 3.5 3.6 3.7 3.7
GDP per capita 3758.70
USD
3792 3920 3920 4100 4200
GDP per capita PPP 7248.20
USD
7327 7349 7371 7789 7909
Gdp Constant Prices 398016.00
GYD Million
415131 408762 420003 408643 456462
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 11.40
percent
21.3 11.27 11.2 11.2 19
Population 0.74
Million
0.74 0.74 0.74 0.75 0.76
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 0.60
percent
2.2 2.1 2.4 2.3 2.5
Inflation Rate Mom -0.50
percent
0.15 0.15 0.15 0.15 0.15
Consumer Price Index Cpi 114.80
Index Points
117 118 118 118 123
Food Inflation 1.30
percent
3.8 4 4.5 4.29 3.6
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 5.00
percent
5 5 5 5 5
Deposit Interest Rate 1.20
percent
1.47 1.54 1.61 1.79 4.75
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -35.90
USD Million
-57.75 -61.21 -69.6 -67.86 -80.36
Exports 360.50
USD Million
362 362 362 362 362
Imports 396.40
USD Million
420 423 427 430 442
Current Account 13.00
USD Million
-55.41 -9.82 35.76 31.77 28.65
Current Account to GDP 0.40
percent
-3.7 -3.7 -3.7 -3.2 -2.8
Terrorism Index 0.15
0.69 0.74 0.78 0.86 1.15
Tourist Arrivals 235.30
Thousand
200 200 200 225 300
External Debt 1209959.00
USD Thousand
1205348 1205348 1205348 1205348 1205348
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 53.40
percent
50.2 50.2 50.8 61.8 66.1
Government Budget -4.50
percent of GDP
-3.14 -3.35 -3.57 -3.78 -3.46
Military Expenditure 55.88
USD Million
48.13 48.77 49.41 49.61 54.78
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 3142.19
KBps
2677 2829 2721 2580 2240
IP Addresses 28467.00
IP
29129 29548 30022 30541 36010
Ease of Doing Business 126.00
126 126 126 126 126
Competitiveness Index 3.56
Points
3.57 3.55 3.53 3.52 3.5
Competitiveness Rank 121.00
114 115 115 115 112
Corruption Index 38.00
Points
38 39 41 42 46
Corruption Rank 91.00
91 91 91 91 91
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Sales Tax Rate 14.00
percent
14 14 14 14 14
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 26.76
celsius
25.8 26.06 26.37 25.76 26.56