Guyana: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Guyana

Fiscal balance, percent of GDP

 Latest value -7.28
 Year 2021
 Measure percent
 Data availability 1997 - 2021
 Average -3.32
 Min - Max -7.79 - -0.47
 Source International Monetary Fund (IMF)
For that indicator, we provide data for Guyana from 1997 to 2021. The average value for Guyana during that period was -3.32 percent with a minimum of -7.79 percent in 2020 and a maximum of -0.47 percent in 1999. The latest value from 2021 is -7.28 percent. For comparison, the world average in 2021 based on 171 countries is -4.10 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 - Fiscal balance, percent of GDP - recent values

Historical chart
Guyana - Fiscal balance, percent of GDP - historical chart - 1997-2021




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.


 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 -7.28 2021 percent
 Government debt 43.21 2021 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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