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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 207.77
207 209 210 212 217
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 2.10
percent
3.1 2.7 2.7 2.8 3
GDP 3.68
USD Billion
3.75 3.8 3.8 3.8 4
GDP per capita 3871.39
USD
3920 4100 4100 4100 4200
GDP per capita PPP 7435.05
USD
7570 7789 7789 7789 8055
GDP Constant Prices 406723.00
GYD Million
419331 417705 417705 422038 444005
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 12.00
percent
12.2 11.9 11.9 11.9 11.5
Population 0.76
Million
0.76 0.76 0.76 0.76 0.76
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 1.50
percent
2.4 1.4 1.4 1.4 2.5
Inflation Rate Mom 0.10
percent
0.17 0.12 0.14 0.13 0.13
Consumer Price Index Cpi 116.90
Index Points
118 116 118 119 123
Food Inflation 2.00
percent
1.8 2 2.2 2.4 2.6
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 5.00
percent
5 5 5 5 5
Deposit Interest Rate 1.05
percent
1.05 1.05 1.05 1.05 1.05
Money Supply M2 367.21
GYD Billion
359 359 359 359 359
Foreign Exchange Reserves 452.60
USD Million
440 425 425 420 440
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -115.20
USD Million
-100 -72 -45 -85 -85
Exports 385.20
USD Million
415 325 360 370 375
Imports 500.40
USD Million
455 425 432 415 460
Current Account -287.40
USD Million
-309 -285 -285 -285 -270
Current Account to GDP -8.10
percent
-3.7 -3.4 -3.4 -3.4 -3.2
Terrorism Index 0.15
0.7 0.8 0.8 0.8 0.8
Tourist Arrivals 249.20
Thousand
256 264 264 264 270
External Debt 1249522.00
USD Thousand
1257454 1259366 1262964 1258219 1261888
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 53.40
percent
56 58 58 58 57
Government Budget -4.50
percent of GDP
-4.5 -4.5 -4.5 -4.5 -4.5
Military Expenditure 55.88
USD Million
57.43 60 60 60 62.1
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 3142.19
KBps
2926 3236 2917 2978 3052
IP Addresses 28467.00
IP
30022 30541 31047 31540 36010
Ease of Doing Business 134.00
128 132 139 132 130
Competitiveness Index 3.56
Points
4.06 4.06 4.06 4.06 6.56
Competitiveness Rank 121.00
121 121 121 121 121
Corruption Index 38.00
Points
38 38 38 38 38
Corruption Rank 91.00
91 91 91 91 91
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Sales Tax Rate 14.00
percent
14 14 14 14 14
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 26.76
celsius
26.37 25.76 26.7 26.7 26.56



Guyana - Economic Forecasts - 2018-2020 Outlook