Inflation Guyana 2020
Average inflation: 1.0%
Inflation in 2020
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
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
Over the period 2018-2020, inflation has remained relatively stable. Compared to 2019, inflation has fallen by 1.1 percentage points.
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- July: -2.4 percentage points
ECB Target
Inflation is 1.0 percentage points 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 GYD 100 this year will cost approximately GYD 101 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.