Inflation Guyana 2022
Average inflation: 6.1%
Inflation in 2022
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
Inflation is 3.0 percentage points 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
Over the period 2020-2022, inflation shows an upward trend. Compared to 2021, inflation has risen by 1.1 percentage points.
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- April: +5.2 percentage points
ECB Target
Inflation is 4.1 percentage points 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 GYD 100 this year will cost approximately GYD 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.