Guyana: Economy

Economic Trivia

Guyana has had positive economic growth almost every year of the past decade.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): United States, Trinidad and Tobago, and Venezuela
Top 3 Exported Goods (2014): Precious Stones & Metals, Cereals, and Ores

Top Industries Source: CIA World Factbook

Bauxite; Sugar; Rice Milling; Timber

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $5,513,777,538 (2014)
GDP Growth Rate (annual %) 3.828% (2014)
GDP Per Capita, PPP (current international) $7,218 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 161/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.832% (2013)
External debt stocks, total (DOD, current US$) $2,303,339,000 (2013)
Total tax rate (% of commercial profits) 32.3% (2015)
Real Interest Rate (5 year average %) 7.949% (2014)
Manufacturing, value added (% of GDP) 6.484% (2014)
Current Account Balance (BoP, current US$) ($385,182,803) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 328,686 (2014)
Employment in Agriculture (% of total employment) 1.4% (2011)
Employment in Industry (% of total employment) 15.1% (2011)
Employment in Services (% of total employment) 68.9% (2011)
Unemployment Rate 11.1% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $2,503,066,130 (2014)
Exports of goods and services (current US$) $1,581,265,512 (2014)
Total Merchandise Trade (% of GDP) 95.129% (2014)
FDI, net inflows (BoP, current US$) $237,750,049 (2014)
Commercial Service Exports (current US$) $180,840,766 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Guyana’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary