Guyana: Inflation, GDP deflator (annual %)
In , Guyana's Inflation, GDP deflator (annual %) was 1.36.
That's up 109.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Guyana ranks #161 globally out of 193 reporting countries. Within Latin America & Caribbean, it ranks #30 of 38.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 174.86
- Trough
- -26.30
- 1-year change
- +109.6%
- 5-year change
- -54.1%
- -14.4% / yr
- 10-year change
- +164.5%
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 1.3588 | |
| -14.0864 | |
| 12.0604 | |
| 22.4177 | |
| -26.2961 | |
| 2.9612 | |
| -2.8875 | |
| 2.1090 | |
| 0.8982 | |
| 3.0043 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Guyana's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Guyana's Inflation, GDP deflator (annual %) was 1.36, according to World Bank Open Data.
- Is Guyana's Inflation, GDP deflator (annual %) rising or falling?
- Guyana's Inflation, GDP deflator (annual %) rose 109.6% from 2023 to 2024.
- How does Guyana rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Guyana ranked #161 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Guyana's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Guyana is below the world average. Within Latin America & Caribbean, it ranks #30 of 38.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.