Inflation Guyana 2022

Average inflation: 6.1%

Current Inflation

Inflation is very high at 6.1%, far above the ECB target.

Peak and Trough

The highest inflation was in April at 7.5%. The lowest inflation was in May at 3.3%.

Highest month
April: 7.5%
Lowest month
May: 3.3%
Difference
4.2 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 3.0% higher than the 5-year average of 3.1%.

5-year average
3.1%
10-year average
2%
All-time high (2007)
12.2%
All-time low (2015)
-1%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +1.1 percentage point.

Change vs. previous year
+1.1 percentage points
Largest monthly swing
April: +5.2 percentage points

ECB Target

Inflation is 4.1% 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 €106.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Month overview

Month Inflation Difference vs. 2021
January 6.2% +3.7
February 5.7% +2.9
March 6.3% +3.8
April 7.5% +5.2
May 3.3% -3.4
June 5.0% -1.5
July 5.3% -2.4
August 6.4% -0.8
September 7.2% +1.5
October 6.5% +1.0
November 6.9% +1.7
December 7.2% +1.5
Average 6.1%

Data source

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

See also