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 (2015): United States, South Korea, and Trinidad and Tobago
Top 3 Exported Goods (2015): 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) $5,758,081,418 (2015)
GDP Growth Rate (annual %) 3.006% (2015)
GDP Per Capita, PPP (current international) $7,506 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 160/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 0.921% (2014)
External debt stocks, total (DOD, current US$) $2,379,137,000 (2014)
Total tax rate (% of commercial profits) 32.3% (2015)
Real Interest Rate (5 year average %) 12.932% (2015)
Manufacturing, value added (% of GDP) 6.672% (2015)
Current Account Balance (BoP, current US$) ($144,207,565) (2015)
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$) $2,369,226,455 (2015)
Exports of goods and services (current US$) $1,446,740,053 (2015)
Total Merchandise Trade (% of GDP) 95.129% (2014)
FDI, net inflows (BoP, current US$) $116,958,230 (2015)
Commercial Service Exports (current US$) $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