Guyana: Government spending, percent of GDP

* indicates monthly or quarterly data series

Government spending as percent of GDP

 Latest value 26.91
 Year 2005
 Measure percent
 Data availability 1960 - 2005
 Average 20.06
 Min - Max 11.45 - 31.47
 Source The World Bank
For that indicator, we provide data for Guyana from 1960 to 2005. The average value for Guyana during that period was 20.06 percent with a minimum of 11.45 percent in 1960 and a maximum of 31.47 percent in 1986. The latest value from 2005 is 26.91 percent. For comparison, the world average in 2005 based on 161 countries is 15.45 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Guyana - Government spending, percent of GDP - Recent values chart

Historical chart
Guyana - Government spending, percent of GDP - historical chart - 1960-2005

The government size of Guyana and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 26.91 2005 percent
 Government spending, in dollars 0.22 2005 billion U.S. dollars
 Fiscal balance, percent of GDP -5.18 2022 percent
 Government debt 25.11 2022 percent
 Commercial tax rate 30.60 2019 percent
 Tax preparation time 256 2019 hours
 Number of taxes 35 2019 taxes
 Foreign aid 138.81 2021 million U.S. dollars
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