Markets Actual Q1 Q2 Q3 Q4 2020
Currency 207.56 209 210 211 212 215
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 2.10 2.7 2.7 2.8 2.8 3
Unemployment Rate (%) 12.00 11.9 11.9 11.9 11.9 11.5
Inflation Rate (%) 1.80 2.2 2.4 2.7 2.8 2.5
Balance of Trade (USD Million) -115.20 -100 -72 -45 -85 -85
Current Account (USD Million) -287.40 -285 -285 -285 -285 -270
Current Account to GDP (%) -8.10 -3.4 -3.4 -3.4 -3.4 -3.2
Government Debt to GDP (%) 53.40 58 58 58 58 57
Government Budget (% of GDP) -4.50 -4.5 -4.5 -4.5 -4.5 -4.5
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 2.10 2.7 2.7 2.8 2.8 3
GDP (USD Billion) 3.68 3.8 3.8 3.8 3.8 4
GDP per capita (USD) 3871.39 4100 4100 4100 4100 4200
GDP per capita PPP (USD) 7435.05 7789 7789 7789 7789 7789
GDP Constant Prices (GYD Million) 406723.00 417705 417705 418111 418111 430655
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 12.00 11.9 11.9 11.9 11.9 11.5
Population (Million) 0.76 0.76 0.76 0.76 0.76 0.76
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 1.80 2.2 2.4 2.7 2.8 2.5
Consumer Price Index Cpi (Index Points) 117.30 117 119 120 121 124
Food Inflation (%) 2.90 2 2.2 2.4 2.4 2.6
Money Actual Q1 Q2 Q3 Q4 2020
Deposit Interest Rate (%) 1.05 1.05 1.05 1.05 1.05 1.05
Foreign Exchange Reserves (USD Million) 488.00 425 425 420 420 440
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -115.20 -100 -72 -45 -85 -85
Current Account (USD Million) -287.40 -285 -285 -285 -285 -270
Current Account to GDP (%) -8.10 -3.4 -3.4 -3.4 -3.4 -3.2
Exports (USD Million) 385.20 325 360 370 360 375
Imports (USD Million) 500.40 425 432 415 445 460
Tourist Arrivals (Thousand ) 249.20 264 264 264 264 270
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 53.40 58 58 58 58 57
Government Budget (% of GDP) -4.50 -4.5 -4.5 -4.5 -4.5 -4.5
Military Expenditure (USD Million) 55.88 60 60 60 60 60
Taxes Actual Q1 Q2 Q3 Q4 2020
Sales Tax Rate (%) 14.00 14 14 14 14 14


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.