Inflation Guyana 2017
Average inflation: 1.9%
Current Inflation
Inflation is low at 1.9%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in February at 3.1%. The lowest inflation was in May at 1.2%.
- Highest month
- February: 3.1%
- Lowest month
- May: 1.2%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.0% higher than the 5-year average of 0.9%.
- 5-year average
- 0.9%
- 10-year average
- 2.7%
- All-time high (2007)
- 12.2%
- All-time low (2015)
- -1%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +1.1 percentage point.
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- February: +2.8 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €101.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 2.3% | +1.4 |
| February | 3.1% | +2.8 |
| March | 2.1% | +1.5 |
| April | 2.1% | +1.7 |
| May | 1.2% | +0.3 |
| June | 1.5% | +0.5 |
| July | 2.0% | +1.5 |
| August | 1.8% | +1.3 |
| September | 1.9% | +1.0 |
| October | 1.8% | +0.6 |
| November | 1.6% | +0.3 |
| December | 1.5% | +0.1 |
| Average | 1.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.