Guyana - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Guyana was 5.03 as of 2021. As the graph below shows, over the past 26 years this indicator reached a maximum value of 12.21 in 1995 and a minimum value of -1.00 in 2015.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1995 12.21
1996 7.09
1997 3.56
1998 4.59
1999 7.54
2000 6.15
2001 2.63
2002 5.34
2003 5.98
2004 4.67
2005 6.93
2006 6.68
2007 12.20
2008 8.10
2009 2.95
2010 3.73
2011 4.98
2012 2.39
2013 1.90
2014 0.85
2015 -1.00
2016 0.84
2017 1.90
2018 1.28
2019 2.09
2020 0.99
2021 5.03

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Guyana was -26.30 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 174.86 in 2006 and a minimum value of -26.30 in 2020.

Definition: 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 national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 4.29
1962 3.75
1963 2.77
1964 -0.49
1965 -1.79
1966 1.92
1967 4.86
1968 6.95
1969 1.42
1970 3.04
1971 2.14
1972 9.89
1973 6.27
1974 37.47
1975 14.66
1976 -5.78
1977 1.68
1978 14.79
1979 6.56
1980 11.78
1981 4.34
1982 4.30
1983 8.92
1984 19.28
1985 14.51
1986 12.29
1987 58.71
1988 23.65
1989 162.55
1990 56.44
1991 134.54
1992 11.30
1993 16.95
1994 16.57
1995 12.35
1996 3.93
1997 1.44
1998 2.97
1999 11.21
2000 6.59
2001 0.32
2002 2.62
2003 4.72
2004 6.78
2005 7.63
2006 174.86
2007 8.21
2008 9.72
2009 0.90
2010 4.33
2011 2.27
2012 4.62
2013 -0.54
2014 -2.10
2015 3.00
2016 0.90
2017 2.11
2018 -2.89
2019 2.96
2020 -26.30

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Guyana was -26.30 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 134.54 in 1991 and -26.30 in 2020.

Definition: 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 56.44
1991 134.54
1992 11.30
1993 16.95
1994 16.57
1995 12.35
1996 3.93
1997 1.44
1998 2.97
1999 11.21
2000 6.59
2001 0.32
2002 2.62
2003 4.72
2004 6.78
2005 7.63
2006 5.63
2007 12.69
2008 9.72
2009 0.90
2010 4.33
2011 2.27
2012 4.62
2013 -0.54
2014 -2.10
2015 3.00
2016 0.90
2017 2.11
2018 -2.89
2019 2.96
2020 -26.30

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices