Inflation Guyana 2016

Average inflation: 0.8%

Current Inflation

Inflation is very low at 0.8%, well below the ECB target.

Peak and Trough

The highest inflation was in December at 1.4%. The lowest inflation was in February at 0.3%.

Highest month
December: 1.4%
Lowest month
February: 0.3%
Difference
1.1 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 1.0%.

5-year average
1%
10-year average
3.7%
All-time high (2007)
12.2%
All-time low (2015)
-1%

Trend

Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+1.8 percentage point).

Change vs. previous year
+1.8 percentage points
Largest monthly swing
December: +3.2 percentage points

ECB Target

Inflation is 1.2% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Month overview

Month Inflation Difference vs. 2015
January 0.9% +2.5
February 0.3% +1.7
March 0.6% +1.8
April 0.4% +1.4
May 0.9% +1.2
June 1.0% +1.2
July 0.5% +0.8
August 0.5% +0.9
September 0.9% +1.9
October 1.2% +2.6
November 1.3% +2.8
December 1.4% +3.2
Average 0.8%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also