Budget balance — all countries

Budget balance — Guyana

Budget balance in Guyana in 2031 — -1.1%. Ranked 52 in the world out of 188. Since 1997, the indicator has risen by 0.6 pp.

2031 -1.1% +1.1 pp vs 2030
World rank 52of 188
Period maximum -0.5%1999
Period minimum -7.8%2020

Trend over time

1997–2031 · % of GDP

Budget balance — Guyana, 1997–2031-8-6-4-2019972001200520092013201720212025202920311997: -1.7%1998: -2.7%1999: -0.5%2000: -2.3%2001: -3.7%2002: -2.4%2003: -4.8%2004: -2.9%2005: -6.5%2006: -6.2%2007: -3.4%2008: -2.8%2009: -2.5%2010: -1.9%2011: -2.1%2012: -3.1%2013: -2.2%2014: -3.9%2015: -0.7%2016: -3.2%2017: -3.1%2018: -2.5%2019: -2.5%2020: -7.8%2021: -6.9%2022: -5.1%2023: -5.6%2024: -7.3%2025: -5.4%2026: -6.4%2027: -3.8%2028: -4.2%2029: -3.3%2030: -2.2%2031: -1.1%
Change over the period: +0.6 pp Annual average: 0.02 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Guyana

Guyana -1.1%
World computed -4.85%
Latin America & Caribbean computed -3.31%
South America computed -3.77%
High-income countries computed -4.26%
Budget balance — Guyana, by year Guyana All countries CSV XLSX
Year % Change, pp
2031 -1.1 +1.1 pp
2030 -2.2 +1.1 pp
2029 -3.3 +0.9 pp
2028 -4.2 −0.4 pp
2027 -3.8 +2.6 pp
2026 -6.4 −1 pp
2025 -5.4 +1.9 pp
2024 -7.3 −1.7 pp
2023 -5.6 −0.5 pp
2022 -5.1 +1.8 pp
2021 -6.9 +0.9 pp
2020 -7.8 −5.3 pp
2019 -2.5 +0 pp
2018 -2.5 +0.6 pp
2017 -3.1 +0.1 pp
2016 -3.2 −2.5 pp
2015 -0.7 +3.2 pp
2014 -3.9 −1.7 pp
2013 -2.2 +0.9 pp
2012 -3.1 −1 pp
2011 -2.1 −0.2 pp
2010 -1.9 +0.6 pp
2009 -2.5 +0.3 pp
2008 -2.8 +0.6 pp
2007 -3.4 +2.8 pp
2006 -6.2 +0.3 pp
2005 -6.5 −3.6 pp
2004 -2.9 +1.9 pp
2003 -4.8 −2.4 pp
2002 -2.4 +1.3 pp
2001 -3.7 −1.4 pp
2000 -2.3 −1.8 pp
1999 -0.5 +2.2 pp
1998 -2.7 −1 pp
1997 -1.7

South America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.