gy Guyana 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$17.16 billion

↑ 16.59% vs 2022
GDP per Capita

$20,765.35

↑ 15.92% vs 2022
GDP Growth (Annual %)

33.80%

↓ 29.53pp vs 2022
Inflation Rate (CPI %)

2.82%

↓ 3.29pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $14.72 billion $17.16 billion +16.59%
GDP per Capita $17,913.49 $20,765.35 +15.92%
GDP Growth (Annual %) 63.33% 33.80% -29.53pp
Inflation (CPI %) 6.12% 2.82% -3.29pp
Unemployment Rate (%) 12.01% 12.03% +0.01pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$17.16 billion
GDP per Capita
$20,765.35
GDP Growth (Annual %)
33.80%
Gross National Income
$10.42 billion
Prices & Employment
Inflation (CPI %)
2.82%
Inflation (GDP Deflator %)
-12.87%
Unemployment Rate (%)
12.03%
Interest Rate (Real %)
24.38%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
13.71%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Guyana's Gross Domestic Product (GDP) is $17.16 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Guyana for 2023 is $20,765.35. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Guyana for 2023 is 2.82%. This measures the annual percentage change in the cost of consumer goods and services.

Guyana's annual GDP growth rate for 2023 is 33.80%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Guyana for 2023 is 12.03%. This represents the percentage of the labor force that is unemployed and actively seeking employment.