Guyana GDP Growth Rate (2026)
Guyana has a rapidly transforming South American economy driven by oil production alongside services, construction, agriculture, and investment. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+16.2%
Annual real GDP growth
World Rank
#1
Out of 195 countries
Change vs 2025
-3.1 pp
2025: +19.3%
South America Rank
#1
Out of 12 countries
1. Guyana GDP Growth Rate in 2026
Guyanese economic growth is strongly supported by expanding oil production, infrastructure investment, construction, and government spending. Energy development dominates current momentum.
2. Guyana GDP Growth Rate Trends (1980–2026)
Guyana’s growth history changed dramatically after major offshore oil discoveries. Before that, agriculture, mining, and services formed the main economic base.
3. Guyana GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +16.2% | -3.1 pp |
| 2025 | +19.3% | -24.5 pp |
| 2024 | +43.8% | +10.0 pp |
| 2023 | +33.8% | -29.5 pp |
| 2022 | +63.3% | +43.2 pp |
| 2021 | +20.1% | -23.4 pp |
| 2020 | +43.5% | +38.1 pp |
| 2019 | +5.4% | +1.0 pp |
| 2018 | +4.4% | +0.7 pp |
| 2017 | +3.7% | -0.1 pp |
| 2016 | +3.8% | +3.1 pp |
| 2015 | +0.7% | -1.0 pp |
| 2014 | +1.7% | -2.0 pp |
| 2013 | +3.7% | -1.3 pp |
| 2012 | +5.0% | -0.4 pp |
| 2011 | +5.4% | +1.0 pp |
| 2010 | +4.4% | +1.1 pp |
| 2009 | +3.3% | +1.3 pp |
| 2008 | +2.0% | -5.0 pp |
| 2007 | +7.0% | +1.9 pp |
| 2006 | +5.1% | +7.0 pp |
| 2005 | -1.9% | -3.5 pp |
| 2004 | +1.6% | +2.3 pp |
| 2003 | -0.7% | -1.8 pp |
| 2002 | +1.1% | -1.2 pp |
| 2001 | +2.3% | +3.6 pp |
| 2000 | -1.3% | -4.3 pp |
| 1999 | +3.0% | +4.7 pp |
| 1998 | -1.7% | -7.9 pp |
| 1997 | +6.2% | -1.8 pp |
| 1996 | +8.0% | +2.9 pp |
| 1995 | +5.1% | -3.4 pp |
| 1994 | +8.5% | +0.3 pp |
| 1993 | +8.2% | +0.4 pp |
| 1992 | +7.8% | +1.8 pp |
| 1991 | +6.0% | +9.0 pp |
| 1990 | -3.0% | +1.9 pp |
| 1989 | -4.9% | +1.1 pp |
| 1988 | -6.0% | -5.9 pp |
| 1987 | -0.1% | +0.1 pp |
| 1986 | -0.2% | -0.6 pp |
| 1985 | +0.4% | -1.7 pp |
| 1984 | +2.1% | +13.6 pp |
| 1983 | -11.5% | -2.6 pp |
| 1982 | -8.9% | -9.5 pp |
| 1981 | +0.6% | +2.7 pp |
| 1980 | -2.1% | — |
4. Guyana GDP Growth Performance
Current Growth Rate
+16.2%
(2026 to 2026)
5-Year Average
+35.3%
(2022 to 2026)
10-Year Average
+25.3%
(2017 to 2026)
20-Year Average
+14.5%
(2007 to 2026)
The economy is experiencing rapid expansion from energy production and large investment programs. Managing this growth effectively is important for developing a broader and more balanced economy.
5. Guyana GDP Growth Rate vs South America and World
Guyana
+16.2%
South America Average
+3.5%
World Average
+2.8%
0.0%
8.1%
16.2%
Annual real GDP growth (%)
Guyana’s GDP growth rate is approximately
12.6 pp
above the
South America average
and
13.4 pp
above the world average.
6. Guyana GDP Growth Rate Ranking in South America
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #1 | Guyana | +16.2% |
| #2 | Paraguay | +4.2% |
| #3 | Venezuela | +4.0% |
| #4 | Suriname | +3.9% |
| #5 | Argentina | +3.5% |
| #6 | Peru | +2.8% |
| #7 | Ecuador | +2.5% |
| #8 | Chile | +2.4% |
| #9 | Colombia | +2.3% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Guyana
Guyana GDP (Nominal)
$34.0 Billion
(2026)
Guyana GDP Growth Rate
+16.2%
(2026)
Guyana currently grows far faster than most regional and global economies because of its new oil industry. Its small economic base magnifies the impact of energy expansion.
Explore more:
Guyana GDP
9. Guyana GDP Growth Rate Forecast
The outlook depends on oil production, infrastructure, public investment, diversification, and institutional capacity. Commodity dependence and overheating risks require careful management.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +19.7% | +3.5 pp |
| 2028 | +22.1% | +2.4 pp |
| 2029 | +12.8% | -9.3 pp |
| 2030 | +11.5% | -1.3 pp |
10. Guyana GDP Growth Rate: Key Findings
Guyana GDP growth rate is estimated at +16.2% in 2026.
It ranks #1 globally and #1 in South America by annual GDP growth rate.
The growth rate slowed by 3.1 percentage points compared with 2025.
The 5-year average GDP growth rate is +35.3%.
The 10-year average GDP growth rate is +25.3%.
The current rate is 12.6 percentage points above the South America average.
The current rate is 13.4 percentage points above the world average.
The forecast GDP growth rate is +11.5% in 2030, 4.7 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Guyana GDP Growth Rate FAQs
Guyana GDP growth rate is estimated at +16.2% in 2026.
Guyana ranks #1 globally and #1 in South America by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +16.2% in 2026.
Guyana GDP growth rate was +0.7% in 2015.
Guyana GDP growth rate is 12.6 percentage points above the South America average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.