Dimension 5.2: Standards and Methods in Guyana

Guyana: Dimension 5.2: Standards and Methods was 0.45 in 2023. ▲ Rising

Latest (2023)
0.45
Change on year
unchanged
World rank
145th
of 191 countries
All-time high
0.45
in 2021
All-time low
0.25
in 2017
Years of data
8
2016–2023

Dimension 5.2: Standards and Methods in Guyana, 2016–2023

00.10.20.30.40.52016201920232016: 0.352017: 0.252018: 0.252019: 0.252020: 0.352021: 0.452022: 0.452023: 0.45

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

The most recent figure for dimension 5.2: standards and methods in Guyana is 0.45, measured in 2023. That is the highest value across all 8 years on record.

That represents a change of up 28.6% over ten years.

That places Guyana 145th out of 191 countries with data for 2023, putting it in the bottom quarter.

Dimension 5.2: Standards and Methods in Guyana, year by year

Annual values for Dimension 5.2: Standards and Methods in Guyana, 2016 to 2023.
Year Value Change
2016 0.35 —
2017 0.25 -28.6%
2018 0.25 +0.0%
2019 0.25 +0.0%
2020 0.35 +40.0%
2021 0.45 +28.6%
2022 0.45 +0.0%
2023 0.45 +0.0%

Guyana compared with similar countries

  • Guyana's 0.45 is below the median for high income countries, which is 0.95, 47% of the median. (61 countries reporting)
  • Guyana's 0.45 is below the median for Latin America & Caribbean, which is 0.55, 82% of the median. (32 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.275 0.25 0.35 4
2020s 0.425 0.35 0.45 4

Countries ranked near Guyana

  1. 145 Antigua and Barbuda 0.45 compare
  2. 145 Bhutan 0.45 compare
  3. 145 Burundi 0.45 compare
  4. 145 Central African Republic 0.45 compare
  5. 145 Chad 0.45 compare
  6. 145 Ethiopia 0.45 compare
  7. 145 Gabon 0.45 compare
  8. 145 India 0.45 compare
  9. 145 Iran 0.45 compare
  10. 145 Jamaica 0.45 compare
  11. 145 Madagascar 0.45 compare
  12. 145 Malawi 0.45 compare
  13. 145 Mali 0.45 compare
  14. 145 Sierra Leone 0.45 compare
  15. 145 Solomon Islands 0.45 compare
  16. 145 Somalia 0.45 compare
  17. 145 Tonga 0.45 compare

See the full ranking of 191 places →

More reference data data for Guyana

All data for Guyana →

Frequently asked questions

What is dimension 5.2: standards and methods in Guyana?
Dimension 5.2: standards and methods in Guyana was 0.45 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest dimension 5.2: standards and methods recorded in Guyana?
The highest recorded value was 0.45 in 2021.
What is the lowest dimension 5.2: standards and methods recorded in Guyana?
The lowest recorded value was 0.25 in 2017.
How does Guyana rank for dimension 5.2: standards and methods?
Guyana ranks 145th out of 191 countries with data for 2023.
Is dimension 5.2: standards and methods rising or falling in Guyana?
Over the last ten years it is up 28.6%. The long-run trend across the full record is rising.
Where does this Guyana data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Dimension 5.2: Standards and Methods. Statizoid updates them automatically from the source API.

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Dimension 5.2: Standards and Methods in Guyana. Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 24 September 2026, from https://reference.statizoid.com/stat/dimension-5-2-standards-and-methods/guyana/

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About this data

Indicator
Dimension 5.2: Standards and Methods
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 1,522 data points, 2016–2023
Last refreshed

Average score for Standards and Methods indicators. Internationally accepted and recommended methodology, classifications and standards provide the basis for national statistical offices (NSOs) on data integration, facilitating data exchange and providing the foundation for the preparation of relevant statistical indicators. The following methods and standards are considered: System of national accounts in use, National Accounts base year, Classification of national industry, CPI base year, Classification of household consumption, Classification of status of employment, Central government accounting status, Compilation of government finance statistics, Compilation of monetary and financial statistics, Business process. . Further work could improve the validity of this indicator and reduce the risk that countries may be incentivized to adopt only traditional standards and methods and neglect innovative solutions that may be more valid in the current context.