Guyana: Government spending, percent of GDP

The latest value from 2005 is 26.91 percent, a decline from 27.18 percent in 2004. In comparison, the world average is 15.64 percent, based on data from 163 countries. Historically, the average for Guyana from 1960 to 2005 is 20.06 percent. The minimum value, 11.45 percent, was reached in 1960 while the maximum of 31.47 percent was recorded in 1986. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.