Guyana Inflation Rate 1995-2023

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.
  • Guyana inflation rate for 2021 was 5.03%, a 4.04% increase from 2020.
  • Guyana inflation rate for 2020 was 0.99%, a 1.09% decline from 2019.
  • Guyana inflation rate for 2019 was 2.09%, a 0.8% increase from 2018.
  • Guyana inflation rate for 2018 was 1.28%, a 0.62% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.11%
Iran 43.39%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Tonga 5.64%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
Belize 3.24%
North Macedonia 3.23%
Samoa 3.13%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Bosnia 1.98%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
China 0.98%
Maldives 0.54%
Fiji 0.16%
Ecuador 0.13%
Guyana Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 5.03% 4.04%
2020 0.99% -1.09%
2019 2.09% 0.80%
2018 1.28% -0.62%
2017 1.90% 1.07%
2016 0.84% 1.84%
2015 -1.00% -1.85%
2014 0.85% -1.05%
2013 1.90% -0.49%
2012 2.39% -2.59%
2011 4.98% 1.24%
2010 3.73% 0.78%
2009 2.95% -5.15%
2008 8.10% -4.10%
2007 12.20% 5.52%
2006 6.68% -0.25%
2005 6.93% 2.26%
2004 4.67% -1.31%
2003 5.98% 0.64%
2002 5.34% 2.71%
2001 2.63% -3.52%
2000 6.15% -1.39%
1999 7.54% 2.95%
1998 4.59% 1.03%
1997 3.56% -3.54%
1996 7.09% -5.12%
1995 12.21% -5.12%