Inflation Guyana 2020

Average inflation: 1.0%

Current Inflation

Inflation is low at 1.0%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 1.7%. The lowest inflation was in July at 0.4%.

Highest month
January: 1.7%
Lowest month
July: 0.4%
Difference
1.3 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 1.4%.

5-year average
1.4%
10-year average
1.6%
All-time high (2007)
12.2%
All-time low (2015)
-1%

Trend

Inflation has remained relatively stable. Compared to 2019, the difference is minimal (-1.1 percentage point).

Change vs. previous year
-1.1 percentage points
Largest monthly swing
July: -2.4 percentage points

ECB Target

Inflation is 1.0% 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 €101.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2020

Month overview

Month Inflation Difference vs. 2019
January 1.7% +1.0
February 1.4% 0.0
March 1.6% -0.4
April 1.0% -1.7
May 0.8% -1.8
June 0.5% -1.8
July 0.4% -2.4
August 0.8% -1.4
September 0.8% -1.5
October 0.8% -1.4
November 1.2% -0.7
December 1.0% -1.1
Average 1.0%

Data source

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

See also