Inflation Guyana 2018
Average inflation: 1.3%
Current Inflation
Inflation is low at 1.3%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in November at 2.0%. The lowest inflation was in March at 0.6%.
- Highest month
- November: 2.0%
- Lowest month
- March: 0.6%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.5% higher than the 5-year average of 0.8%.
- 5-year average
- 0.8%
- 10-year average
- 2%
- All-time high (2007)
- 12.2%
- All-time low (2015)
- -1%
Trend
Inflation has remained relatively stable. Compared to 2017, the difference is minimal (-0.6 percentage point).
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- February: -2.4 percentage points
ECB Target
Inflation is 0.7% 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 €101.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 1.7% | -0.6 |
| February | 0.7% | -2.4 |
| March | 0.6% | -1.5 |
| April | 0.7% | -1.4 |
| May | 1.1% | -0.1 |
| June | 1.3% | -0.2 |
| July | 0.9% | -1.1 |
| August | 1.5% | -0.3 |
| September | 1.5% | -0.4 |
| October | 1.8% | 0.0 |
| November | 2.0% | +0.4 |
| December | 1.6% | +0.1 |
| Average | 1.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.