What was the GDP for 2016?

Table of Contents

$18,565.6 billion
Current-dollar GDP increased 2.9 percent, or $529.0 billion, in 2016 to a level of $18,565.6 billion, compared with an increase of 3.7 percent, or $643.5 billion, in 2015 (table 1 and table 3).

What is the average GDP of Guyana?

Economy of Guyana

Statistics
GDP	$6.806 billion (nominal, 2020 est.) $7.148 billion (PPP, 2019 est.)
GDP rank	148th (nominal, 2020) 158th (PPP, 2018)
GDP growth	4.1% (2018) 4.7% (2019e) 51.1% (2020f) 8.1% (2021f)
GDP per capita	$8,649 (nominal, 2020 est.) $8,581 (PPP, 2018 est.)

Why is Guyana GDP growing so fast?

Guyana’s resilience was seen in 2021, when, despite battling the pandemic and months of unprecedented floods, the country’s economy remained resilient, and at half year was able to record positive growth, largely owing to contributions from the country’s burgeoning oil-and-gas sector.

What was the GDP per capita in 2016 and 2017?

U.S. gdp per capita for 2020 was $63,544, a 2.66% decline from 2019. U.S. gdp per capita for 2019 was $65,280, a 3.51% increase from 2018….U.S. GDP Per Capita 1960-2022.

U.S. GDP Per Capita – Historical Data
Year	GDP Per Capita (US $)	Annual Growth Rate (%)
2018	$63,064	4.92%
2017	$60,110	3.60%
2016	$58,021	2.04%

What was the GDP in 2017?

$19,479,600 million
GDP grows 2.3% in United States The GDP figure in 2017 was $19,479,600 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish.

Is Guyana richer than India?

India has a GDP per capita of $7,200 as of 2017, while in Guyana, the GDP per capita is $8,100 as of 2017.

Why is Guyana so poor?

The economic causes of poverty in Guyana revolve around the country’s lack of resources. The country depends on agriculture and extraction of resources. Because it can only export food products, especially sugar, and some natural resources, it imports most of its goods.

Is Guyana Third World country?

With a population of 758,000, Guyana is the third smallest country in South America. It is at once considered a middle-income country and the third poorest in the Western Hemisphere.

Is Guyana rich in oil?

United States oil giant ExxonMobil estimates Guyana holds at least 10 billion barrels of crude, potentially making the country one of the richest on a per capita basis in the western hemisphere over the next two decades.

What was the GDP in 2015?

The GDP figure in 2015 was $18,206,000 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $655,300 million with respect to 2014.

Which country has the highest GDP?

United States
GDP by Country

#	Country	GDP (abbrev.)
1	United States	$19.485 trillion
2	China	$12.238 trillion
3	Japan	$4.872 trillion
4	Germany	$3.693 trillion