Inflation Guyana 2021
Average inflation: 5.0%
Current Inflation
Inflation is very high at 5.0%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 7.7%. The lowest inflation was in April at 2.3%.
- Highest month
- July: 7.7%
- Lowest month
- April: 2.3%
- Difference
- 5.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.7% higher than the 5-year average of 2.3%.
- 5-year average
- 2.3%
- 10-year average
- 1.6%
- All-time high (2007)
- 12.2%
- All-time low (2015)
- -1%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +4.0 percentage point.
- Change vs. previous year
- +4.0 percentage points
- Largest monthly swing
- July: +7.3 percentage points
ECB Target
Inflation is 3.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 2.5% | +0.8 |
| February | 2.8% | +1.4 |
| March | 2.5% | +0.9 |
| April | 2.3% | +1.3 |
| May | 6.7% | +5.9 |
| June | 6.5% | +6.0 |
| July | 7.7% | +7.3 |
| August | 7.2% | +6.4 |
| September | 5.7% | +4.9 |
| October | 5.5% | +4.7 |
| November | 5.2% | +4.0 |
| December | 5.7% | +4.7 |
| Average | 5.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.