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Guyana Real GDPGuyana Real GDPGuyana Real GDP

Guyana Real GDP

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GYGDPCP chart



Key data points


Last release
—
Observation period
2024
Next release
—
Forecast
—
Highest
‪5.52 T‬ GYD on Dec 31, 2024
Lowest
‪593.54 B‬ GYD on Dec 31, 2006

About Guyana Real GDP


Category
GDP
Source
Central Bank
Frequency
Annual
Units
GYD

Guyana in figures — see more economic indicators tied to GYGDPCP.
GDP
GYGDP
Real GDP
GYGDPCP
GDP Per Capita
GYGDPPC
GDP Per Capita PPP
GYGDPPCP
GDP Growth
GYGDPYY

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
In 2024 Guyana Real GDP was 5.52 T GYD, and the year before it reached 3.82 T GYD.