SDG indicator 8.5.1: Average hourly earnings of employees in Guyana
Guyana: SDG indicator 8.5.1: Average hourly earnings of employees was 753.62 in 2024. ▲ Rising
SDG indicator 8.5.1: Average hourly earnings of employees in Guyana, 2018–2024
Source: International Labour Organization.
Analysis
In 2024, sdg indicator 8.5.1: average hourly earnings of employees in Guyana stood at 753.62. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 46.1% on the previous year and up 67.7% over ten years.
That places Guyana 18th out of 68 countries with data for 2024, putting it in the middle of the range.
SDG indicator 8.5.1: Average hourly earnings of employees in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | 449.27 | — |
| 2019 | 459.93 | +2.4% |
| 2020 | 450.67 | -2.0% |
| 2021 | 515.84 | +14.5% |
| 2024 | 753.62 | +46.1% |
Guyana compared with similar countries
- Guyana's 753.62 is above the median for high income countries, which is 32.71, 23.0× the median. (23 countries reporting)
- Guyana's 753.62 is above the median for Latin America & Caribbean, which is 122.32, 6.2× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 454.6 | 449.27 | 459.93 | 2 |
| 2020s | 573.38 | 450.67 | 753.62 | 3 |
Countries ranked near Guyana
More work & labour data for Guyana
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4095 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3957 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4228 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.9077 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.9156 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 295.49 1000 No (2050)
- Population - Est. & Proj. — Rural population 526.41 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 455.78 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 433.17 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 888.95 1000 No (2100)
Frequently asked questions
- What is sdg indicator 8.5.1: average hourly earnings of employees in Guyana?
- Sdg indicator 8.5.1: average hourly earnings of employees in Guyana was 753.62 in 2024, according to International Labour Organization.
- What is the highest sdg indicator 8.5.1: average hourly earnings of employees recorded in Guyana?
- The highest recorded value was 753.62 in 2024.
- What is the lowest sdg indicator 8.5.1: average hourly earnings of employees recorded in Guyana?
- The lowest recorded value was 449.27 in 2018.
- How does Guyana rank for sdg indicator 8.5.1: average hourly earnings of employees?
- Guyana ranks 18th out of 68 countries with data for 2024.
- Is sdg indicator 8.5.1: average hourly earnings of employees rising or falling in Guyana?
- Over the last ten years it is up 67.7%. The long-run trend across the full record is rising.
- Where does this Guyana data come from?
- The figures come from International Labour Organization, published as part of SDG indicator 8.5.1: Average hourly earnings of employees (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data may differ from nationally reported figures and the Global SDG Indicators Database due to differences in sources and/or reference years. This indicator presents data by sex on employees' average hourly earnings. The concept of earnings, as applied in wage statistics, relates to gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. Data are also disaggregated by occupation. Statistics on average hourly earnings by sex are the basis for the calculation of the gender pay gap. Data disaggregated by occupation are provided according to the latest version of the International Standard Classification of Occupations (ISCO). Data may have been regrouped from the national classifications, which may not be strictly compatible with ISCO. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.