🇬🇾 Guyana

Guyana is a republic in South America, home to 736,000 people, with its capital at Georgetown.

Overview

Overview

Guyana at a glance

Originally a Dutch colony in the 17th century, by 1815 Guyana had become a British possession. The abolition of slavery led to settlement of urban areas by former slaves and the importation of indentured servants from India to work the sugar plantations. The resulting ethnocultural divide has persisted and has led to turbulent politics. Guyana achieved independence from the UK in 1966, and since then it has been ruled mostly by socialist-oriented governments. In 1992, Cheddi JAGAN was elected president in what is considered the country's first free and fair election since independence. After his death five years later, his wife, Janet JAGAN, became president but resigned in 1999 due to poor health. …

Population
735.6K
#164 World#11 S. America
GDP (PPP)
$6.6B
#162 World#12 S. America
GDP per Capita
$8.5K
#130 World#11 S. America
Area
215Kkm²
#85 World#10 S. America
Military Spend
1.1%
#93 World#9 S. America
National Infrastructure

🇬🇾 Guyana’s critical and strategic infrastructure, sustaining output, agility and endurance

The National Infrastructure Index maps the physical assets national life runs on — power stations and grids, water systems, ports, railways and airports, data networks, payment systems and launch sites. Each asset is placed in a Strategic Infrastructure capability group, so it can be read against the ratings in the National Capability index above.

Assets are chosen for how much of the economy and state depends on them and how hard they would be to replace. Each card records what the asset is, the category it belongs to, what it does and where it is.

Placeholder

Example assets. These twenty cards are modelled on China's most critical infrastructure and show on every nation page until each nation's own assets are mapped.

EnergyWater, Sanitation & WasteTransportCommunications & DigitalFinancialSpace, Aerospace & DefenceResourceAgriculture & FoodAdvanced Manufacturing

Critical infrastructure assetsBack to top ↑

Three Gorges Dam

Energy

The world's largest hydropower station by installed capacity, at 22.5 GW, and the main flood-control structure on the Yangtze.

Yichang, Hubei

Baihetan Hydropower Station

Energy

A 16 GW dam on the Jinsha River, built around sixteen 1 GW turbines, the largest single units in service.

Qiaojia, Yunnan

Changji–Guquan UHVDC Line

Energy

A ±1,100 kV direct-current line carrying 12 GW more than 3,000 km from Xinjiang's power bases to the eastern grid.

Changji, Xinjiang

Daya Bay Nuclear Power Station

Energy

China's first large commercial nuclear plant, in service since 1994, with much of its output sold to Hong Kong.

Shenzhen, Guangdong

South–North Water Transfer, Middle Route

Water, Sanitation & Waste

A canal carrying Yangtze basin water more than 1,400 km north from the Danjiangkou Reservoir to Beijing and Tianjin.

Danjiangkou, Hubei

Beijing–Shanghai High-Speed Railway

Transport

The 1,318 km trunk line between the two largest cities, opened in 2011 and one of the busiest high-speed routes in the world.

Beijing

Port of Shanghai

Transport

The world's busiest container port since 2010, including the automated Yangshan deep-water terminals.

Shanghai

Ningbo-Zhoushan Port

Transport

The world's largest port by cargo tonnage, handling iron ore, crude oil and coal for the eastern industrial belt.

Ningbo, Zhejiang

Beijing Daxing International Airport

Transport

The capital's second international hub, opened in 2019 around one of the largest single terminal buildings in the world.

Beijing

Hong Kong–Zhuhai–Macao Bridge

Transport

A 55 km bridge and undersea tunnel system linking the western and eastern shores of the Pearl River Delta, opened in 2018.

Zhuhai, Guangdong

Qinghai–Tibet Railway

Transport

The 1,956 km line from Xining to Lhasa, crossing the Tanggula Pass at 5,072 m, the highest railway in the world.

Lhasa, Tibet

Gui'an National Computing Hub

Communications & Digital

One of eight national data centre hubs under the East Data, West Computing programme, hosting major cloud providers.

Guiyang, Guizhou

Beijing–Shanghai Quantum Backbone

Communications & Digital

A 2,000 km quantum key distribution trunk line through Jinan and Hefei, completed in 2017 for secure government and bank links.

Hefei, Anhui

Cross-Border Interbank Payment System

Financial

CIPS clears and settles cross-border payments in renminbi, launched in 2015 to extend the currency's international reach.

Shanghai

Wenchang Spacecraft Launch Site

Space, Aerospace & Defence

The coastal launch site for Long March 5 heavy-lift rockets, used for the Tiangong station modules and lunar and Mars missions.

Wenchang, Hainan

Jiuquan Satellite Launch Center

Space, Aerospace & Defence

China's first launch site, founded in 1958 in the Gobi Desert, and the base for every crewed Shenzhou mission.

Jiuquan, Gansu

BeiDou Navigation Satellite System

Space, Aerospace & Defence

The national satellite navigation system, providing global positioning and timing since 2020 from its Beijing control segment.

Beijing

Bayan Obo Mining District

Resource

The world's largest known rare-earth deposit and the core of China's rare-earth mining and refining supply chain.

Baotou, Inner Mongolia

Dujiangyan Irrigation System

Agriculture & Food

A weir and channel system built around 256 BC that still irrigates much of the Chengdu Plain's farmland.

Dujiangyan, Sichuan

Yangtze Memory Technologies Fab

Advanced Manufacturing

China's leading maker of 3D NAND flash memory, central to the drive for a domestic semiconductor supply.

Wuhan, Hubei
National Developments

🇬🇾 Guyana’s major milestones and key developments

The National Development Index tracks the events that move a nation's capability — policy decisions, technological milestones, economic turns and external shocks — and places each one on the record with the date it happened and what followed from it. It is the narrative counterpart to the indices: where a rating says where Guyana stands, the index says how it arrived there.

Recent developments cover the current cycle, close enough that their consequences are still unfolding. Historical developments are the inflection points behind the present position — the decisions and events a reader needs in order to read the ratings above in context.

GeopoliticalGovernanceSecurityTechnologyEconomyEnvironmentSociety

Historical Developments

1581–1752The Dutch founded Pomeroon, Essequibo, Berbice and Demerara colonies on the Guiana coast 445 years ago

The Dutch were the first Europeans to establish permanent colonies in what became Guyana, beginning with Pomeroon in 1581 and followed by Essequibo (1616), Berbice (1627) and Demerara (1752). These plantation settlements laid the territorial and economic foundations of the later colony, and their river names still define Guyana's geography.

17th centuryThe Dutch colonised Guyana 426 years ago

Guyana was originally a Dutch colony, with settlements established along its rivers from the early 17th century.

1648Spain recognised Dutch sovereignty over the settlements in the Peace of Münster 378 years ago

Article 5 of the Peace of Münster confirmed Dutch possession of their lordships, cities, fortresses and lands in the West Indies. However, the treaty did not fix the boundary between Spanish Guiana and Dutch Guiana, leaving the ambiguity that would later underpin Venezuela's claim to the Essequibo region.

1796Britain assumed control of the Dutch Guiana colonies after France invaded the Dutch Republic 230 years ago

Following the French invasion of the Dutch Republic in 1795, British forces took over the Dutch colonies of Demerara-Essequibo and Berbice in 1796. This began the transition of the territory from Dutch to British rule.

1814Britain took possession of Guyana 211 years ago

The Anglo-Dutch Treaty of 1814, signed in London, formally transferred the Dutch Guiana colonies of Demerara-Essequibo and Berbice to Britain, and with them the inherited Dutch claim to lands between the Orinoco and Courantyne rivers. The transfer was confirmed at the Congress of Vienna by 1815, and the territory became the colony of British Guiana; the planter elite that ran the economy continued under British imperial control.

1824Venezuela began claiming the land west of the Essequibo River upon its independence 202 years ago

From its independence Venezuela asserted a claim, as assumed heir to 16th-century Spanish claims, to the territory west of the Essequibo. Simón Bolívar warned the British government against Berbice and Demerara settlers occupying the land, opening a dispute that has shaped Guyanese foreign and defence policy ever since.

1831Britain merged the colonies into a single colony of British Guiana 195 years ago

The united colonies of Demerara-Essequibo and the separate colony of Berbice were combined into one British colony named British Guiana. This created the single administrative unit that would become independent Guyana.

1834Britain abolished slavery throughout its Caribbean and South American colonies, including British Guiana 192 years ago

Formerly enslaved people entered a period of forced apprenticeship before full emancipation in 1838, after which indentured labourers from India and elsewhere were brought in to work the plantations.

1838British Guiana saw emancipation empty the plantations of former slaves 188 years ago

Upon emancipation in 1838, almost all former slaves abandoned the sugar plantations. This precipitated a labour crisis that reshaped the colony's economy and demography.

1838–1917British Guiana imported Indian indentured labourers under contract until the system ended 188 years ago

Indians were brought to the colony under indenture contracts from 1838 until the system's abolition in 1917 to replace emancipated plantation labour. Their descendants, the Indo-Guyanese, became the largest ethnic group at 43.5% of the population, and the demographic basis of race-based politics.

1840British surveyors included the whole Cuyuni River basin within British Guiana 186 years ago

The 1840 British survey of British Guiana drew the colony's limits to encompass the entire Cuyuni basin. Venezuela protested, claiming all lands west of the Essequibo, hardening the boundary dispute.

1876British Guiana made primary education compulsory 150 years ago

Primary schooling was made compulsory in 1876, though the demand for child agricultural labour kept many out of school. The measure laid the base for literacy rates that later ranked among the highest in the Caribbean.

1897Britain and Venezuela accepted the Treaty of Washington submitting the border to arbitration 129 years ago

Signed in Washington, DC, the treaty provided that the decision of an arbitration tribunal sitting in Paris would be a full, perfect and final settlement of the boundary between British Guiana and Venezuela. It set up the ruling that Guyana still relies on as its legal title.

1899An international arbitration tribunal issued the Paris Arbitral Award, fixing the border with Venezuela 127 years ago

The tribunal awarded most of the disputed Essequibo region to British Guiana, a ruling Venezuela accepted for decades before renewing its claim to the territory in the 1960s.

1953Britain suspended Guyana's constitution months after Cheddi Jagan's PPP won the colony's first universal-suffrage election 73 years ago

British troops were deployed and the elected government removed amid Cold War fears that Jagan's party had communist sympathies, delaying self-government for over a decade.

1960s–1970sThe government nationalised the denominational school system 66 years ago

In the 1960s the government took over control of all schools, and by the 1970s nationalisation ended the near-monopoly of missionary and church schools. Education became a state function rather than a religious one.

1962Venezuelan President Rómulo Betancourt declared the 1899 arbitration award null and void 64 years ago

Betancourt revived Venezuela's dormant claim to the territory west of the Essequibo by repudiating the arbitral award. The move reopened the dispute on the eve of Guyanese independence and led to the Geneva negotiations.

1966Guyana, the United Kingdom and Venezuela signed the Treaty of Geneva on the border dispute 60 years ago

The Geneva agreement established a framework for resolving the Essequibo dispute. Venezuela argues it effectively nullified the 1899 arbitration, while Guyana maintains the award is valid and binding.

26 May 1966Guyana gained independence from the United Kingdom 60 years ago

Guyana became independent from the United Kingdom on 26 May 1966 after more than a century as British Guiana, entering the Commonwealth as a dominion with control of its own foreign and security policy amid an immediate Venezuelan territorial challenge. Independence followed years of political and racial tension between Afro-Guyanese and Indo-Guyanese parties that had shaped colonial-era British Guiana's path to self-government.

October 1966Venezuelan troops crossed the border and seized Ankoko Island 60 years ago

Five months after independence, Venezuelan forces occupied Ankoko Island and built military installations and an airstrip there. The island has remained under Venezuelan occupation ever since, an unresolved breach of Guyanese territory.

1967Guyana expelled a Surinamese survey team from the Tigri Area 59 years ago

A Surinamese survey team found in the disputed Tigri Area was forcibly removed in 1967. The incident marked the onset of an active border confrontation with Suriname on Guyana's eastern frontier.

August 1969Guyana Defence Force uncovered a Surinamese camp and airstrip inside the disputed triangle 57 years ago

A GDF patrol found a survey camp and partially completed airstrip in the contested New River Triangle, along with evidence of Surinamese plans to occupy the whole area. The discovery confirmed a second live territorial threat alongside the Venezuelan claim.

1970s–1980sForbes Burnham and the People's National Congress consolidated repressive authoritarian rule along racial lines 56 years ago

Following independence Forbes Burnham of the People's National Congress rose to power and became a repressive authoritarian leader, with the PNC dominating politics through the 1970s and 1980s. Politics polarised on ethnic lines — Afro-Guyanese behind the PNC and Indo-Guyanese behind Cheddi Jagan's PPP — in the pattern known as aapan jaat.

23 February 1970Guyana became a co-operative republic within the Commonwealth 56 years ago

On 23 February 1970 Guyana ended its dominion status and became a co-operative republic within the Commonwealth, replacing the British monarch as head of state and completing the constitutional break with the Crown. The declaration reflected the socialist orientation pursued under Prime Minister Forbes Burnham.

1972Umana Yana was built as a venue for the Non-Aligned foreign ministers' meeting 54 years ago

The Amerindian benab known as Umana Yana was constructed in 1972 to host a meeting of the foreign ministers of the Non-Aligned nations, and later became a national monument. It was rebuilt in 2016.

1978More than 900 members of the Peoples Temple died in a mass murder-suicide at Jonestown 48 years ago

The American cult's remote settlement in north-western Guyana became the site of one of the largest mass deaths of US civilians before 2001, after followers were ordered to drink poisoned punch.

1980Walter Rodney was killed by a car bomb in Georgetown 46 years ago

The historian and opposition leader's death was widely attributed to state involvement, though no one was ever convicted. A later commission of inquiry found the government of the day responsible.

1985President Forbes Burnham died in office and was succeeded by Desmond Hoyte 41 years ago

Burnham had dominated Guyanese politics for two decades after leading the country to independence, and his death opened a period of gradual political and economic liberalisation under his successor.

1991Guyana joined the Organisation of American States 35 years ago

Guyana entered the OAS in 1991, integrating into the principal hemispheric political body. Membership widened its diplomatic options in a region where it faced two territorial disputes.

22 July 1992Guyana and the United States signed a Tax Information Exchange Agreement in Georgetown 34 years ago

The agreement provided for the automatic exchange of tax information between the two states. It was later referenced in Guyana's 2014 FATCA Model 1 agreement.

October 1992Cheddi Jagan and the PPP won Guyana's first internationally monitored free election 34 years ago

A new National Assembly and regional councils were elected on 5 October 1992 in polls overseen by former US president Jimmy Carter and internationally recognised as free and fair — the country's first genuinely free election since 1964; Cheddi Jagan of the PPP was sworn in as president on 9 October. The result ended 28 years of People's National Congress rule and the Afro-Guyanese political monopoly, though the poll was marred by violence.

19 August 1994Trinidad and Tobago and Guyana signed the Double Taxation Relief (CARICOM) Treaty 1994 32 years ago

At a CARICOM meeting the two governments signed the double taxation relief treaty. It deepened Guyana's fiscal integration with the Caribbean Community.

1997Janet Jagan became president after her husband's death 29 years ago

Following Cheddi Jagan's death five years into his term, his wife Janet Jagan assumed the presidency but resigned in 1999 due to poor health.

1999Guyana identified 14 potential biodiversity hotspots for a National Protected Area System 27 years ago

Fourteen areas were selected as candidates for a national protected area network on the basis of their biodiversity. This was a step towards formal conservation governance in a country over 80% covered by forest.

Recent Developments

August 2026The United States government agreed to invest US$85.5 million in a Guyanese bauxite mine this month

The deal, linked to the US Department of War and aimed at reducing reliance on Chinese-controlled mineral supply chains, would expand the First Bauxite mine and fund new processing facilities; Guyana's government had not publicly responded.

August 2026ExxonMobil confirmed it had recovered its full investment in the Stabroek offshore block this month

The opposition leader said the government must now clarify what share of profit oil Guyana is receiving under the production-sharing agreement now that the company's development costs have been repaid.

July 2026Guyana and Suriname disputed financing for the Corentyne River Bridge last month

President Irfaan Ali insisted the crossing remained a joint undertaking after Suriname said it would fund construction alone, reopening questions over a project meant to link the two countries.

Suriname said it would finance the bridge without Guyana
July 2026The passenger ferry MV Barima capsized off the North West coast, killing at least 73 people with 30 more unaccounted for last month

The 87-year-old vessel, carrying more passengers than its declared capacity, sank at night after reports of overloading and mechanical trouble. Rescue teams took hours to reach the scene and the government ordered a commission of inquiry.

The captain and other crew were charged with murder
May 2026A Guyana Defence Force patrol boat was fired on by unidentified gunmen along the Cuyuni River 3 months ago

A soldier was wounded in the attack near the disputed border with Venezuela, the second such shooting reported along the river within weeks.

May 2026The International Court of Justice heard oral arguments in the Essequibo border case 3 months ago

Guyana and Venezuela presented arguments over the disputed territory, which covers about two-thirds of Guyana's land area, with a ruling on the merits expected later in the year.

March 2026Stabroek News ceased publication after 40 years 5 months ago

The closure of one of Guyana's leading independent newspapers, blamed on a shift away from print towards social media, was described by press-freedom observers as a loss for Caribbean journalism.

January 2026Guyana monitored its security posture after the capture of Nicolás Maduro 7 months ago

Following a US military operation that seized the Venezuelan leader, President Irfaan Ali said Guyana's defence and security forces were on alert, while the government stopped short of publicly commenting on the operation itself.

January 2026Azruddin Mohamed was elected Leader of the Opposition 7 months ago

The businessman, whose We Invest in Nationhood party finished second in the 2025 election, took up the post while facing extradition proceedings in the United States.

September 2025Irfaan Ali was re-elected for a second presidential term 1 year ago

Ali won a second term as Guyana's president in September 2025. The vote confirmed political continuity during the country's oil-driven economic transformation.

September 2025President Irfaan Ali and the PPP/C won re-election, taking 36 of 65 National Assembly seats 11 months ago

The newcomer We Invest in Nationhood party, led by businessman Azruddin Mohamed, surged into second place, pushing the former main opposition APNU into third for the first time in its history.

December 2023US Southern Command held air exercises with the Guyana Defence Force 3 years ago

Joint air exercises were conducted in Guyana with the Guyana Defence Force during the Venezuelan border crisis. The exercises signalled United States support amid the annexation threat.

December 2023Venezuela's president Nicolás Maduro held a referendum on annexing Essequibo amid a military buildup 3 years ago

On 3 December 2023 Venezuelan voters were asked five questions including whether to create a Venezuelan state in Essequibo and grant citizenship to its residents; the vote passed with a 95% majority on low turnout, with analysts alleging falsified results. A simultaneous Venezuelan military buildup on the border raised fears of war, and President Irfaan Ali called it a direct threat to Guyana's sovereignty.

March–August 2020Irfaan Ali of the PPP/Civic was sworn in as president after a five-month post-election standoff 6 years ago

Snap elections held on 2 March 2020 narrowly defeated David Granger, who refused to accept the result amid allegations of fraud and irregularities. Results were finally declared on 3 August 2020 and Irfaan Ali took office, resolving a crisis that tested Guyana's electoral institutions.

2019Guyana began commercial offshore oil production 7 years ago

Offshore oil production began in 2019 and transformed the national economy, with growth of about 43–49% in 2020 and real GDP growth of 43.8% in 2024. Output reached 261.1 million barrels in 2025 and the Natural Resource Fund held US$3.25 billion at the end of that year.

21 December 2018Guyana's parliament passed a vote of no confidence over the offshore oil franchise terms 8 years ago

A confidence vote was called on 21 December 2018 concerning the terms under which the government granted a franchise for offshore oil exploration. Its outcome forced the snap elections of March 2020.

2018The Caribbean Court of Justice struck down the ban on cross-dressing 8 years ago

Guyana's court of last resort invalidated the colonial-era prohibition on cross-dressing in 2018. The ruling made the practice legal and demonstrated the CCJ's role as final appellate authority.

2018Guyana took the border dispute to the International Court of Justice 8 years ago

After years of fruitless mediation Guyana asked the ICJ to rule that the 1899 arbitral border decision is valid and binding. The case is Guyana's principal legal defence of its sovereignty over Essequibo.

May 2015David Granger took office after early general elections ended 23 years of PPP rule 11 years ago

Early general elections were held on 11 May 2015 and the retired army general David Granger assumed the presidency on 16 May, ending PPP government since 1992. He served until 2020.

2015ExxonMobil announced a major offshore discovery at the Liza-1 well 11 years ago

In 2015 ExxonMobil announced a major offshore oil discovery at the Liza-1 well in the Stabroek block, confirming Guyana held substantial reserves. The find opened an offshore province in which over 11 billion barrels have since been discovered — the largest addition to global oil reserves since the 1970s — setting in motion the rapid transformation of one of South America's poorest economies into a leading oil producer and resetting Guyana's geopolitical significance.

30 June 2014Guyana signed a FATCA Model 1 agreement with the United States 12 years ago

The agreement implemented the US Foreign Account Tax Compliance Act in Guyana and referenced the 1992 tax information exchange agreement. It bound Guyana's financial sector into US reporting requirements.

28 November 2011Donald Ramotar was elected president 15 years ago

At the general election of 28 November 2011 the People's Progressive Party retained its parliamentary majority and its candidate Donald Ramotar took office as president, continuing the party's hold on power; the PPP governed continuously from 1992 until 2015.

2009Guyana and Norway began collaborating to reduce deforestation and promote green development 17 years ago

From 2009 the two countries partnered on green development and forest protection. Despite this, the rate of net forest area loss more than doubled, from 3,790 ha per year in 1990–2000 to 8,420 ha per year in 2015–2025.

May 2008President Bharrat Jagdeo signed the UNASUR Constitutive Treaty as a founding member 18 years ago

Guyana joined the Union of South American Nations as a founding member when Jagdeo signed the constitutive treaty in May 2008, with ratification following in 2010. Membership anchored Guyana in continental South American institutions alongside its Caribbean ties.

21 September 2007A UNCLOS tribunal ruled on the maritime boundary dispute with Suriname 19 years ago

Arbitration under the United Nations Convention on the Law of the Sea delivered its ruling on the maritime component of the Guyana–Suriname dispute on 21 September 2007. The settlement clarified offshore jurisdiction ahead of the era of oil exploration.

2007Guyana hosted matches of the 2007 Cricket World Cup at the new Providence Stadium 19 years ago

The 15,000-seat Providence Stadium on the Demerara River was completed in time for the World Cup and was ready for play on 28 March. It remains the largest sports stadium in the country.

early 2007The government launched a major overhaul of the tax code 19 years ago

A comprehensive reform of the tax code was initiated in early 2007. It formed part of the wider effort to improve the business environment and public revenue base.

2006–2007The IMF, World Bank and Inter-American Development Bank wrote off about US$611 million of Guyanese debt under the Multilateral Debt Relief Initiative 20 years ago

The Multilateral Debt Relief Initiative cancelled roughly US$611 million owed by Guyana to the three institutions. Bilateral cancellations followed: Japan in 2006, US$15 million by China in 2007 and US$12.5 million by Venezuela in 2008.

February 2004The Government of Guyana titled the Kanashen Community-Owned Conservation Area to the Wai Wai 22 years ago

More than 4,000 km2 of land in the Konashen Indigenous District was granted to the Wai Wai people to manage as a conservation area. It became the world's largest community-owned conservation area, a notable model of indigenous-led environmental governance.

2003Guyana created the Public Procurement Commission by Act of Parliament 23 years ago

The Public Procurement Commission Act 2003 established oversight of public procurement. Disagreement over commission members delayed the body's actual appointment until 2016.

2003Guyana qualified for a further US$329 million of debt relief 23 years ago

In 2003 Guyana qualified for US$329 million in debt relief, on top of the US$256 million from the 1999 World Bank initiative. The reduction eased a crippling debt burden on public finances.

2001Bharrat Jagdeo was re-elected president 25 years ago

Jagdeo, who succeeded Janet Jagan in 1999, won election in 2001 and again in 2006.

1999Guyana secured World Bank debt relief for heavily indebted poor countries 27 years ago

Guyana received US$256 million under the original World Bank plan for heavily indebted poor countries. The economy also rebounded modestly after 1999 on agricultural and mining expansion, lower inflation and a more realistic exchange rate.

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Historical Context

🇬🇾 Guyana’s understanding the origins and evolution of the modern nation

Capital
Georgetown
Government
republic
Independence·1966
26 May 1966
Population
735.6K
GDP (PPP)
—

BackgroundBack to top ↑

Originally a Dutch colony in the 17th century, by 1815 Guyana had become a British possession. The abolition of slavery led to settlement of urban areas by former slaves and the importation of indentured servants from India to work the sugar plantations. The resulting ethnocultural divide has persisted and has led to turbulent politics. Guyana achieved independence from the UK in 1966, and since then it has been ruled mostly by socialist-oriented governments. In 1992, Cheddi JAGAN was elected president in what is considered the country's first free and fair election since independence. After his death five years later, his wife, Janet JAGAN, became president but resigned in 1999 due to poor health. Her successor, Bharrat JAGDEO, was reelected in 2001 and again in 2006. Donald RAMOTAR was elected president in 2011.

IndependenceBack to top ↑

26 May 1966 (from the UK)

National holidayBack to top ↑

Republic Day, 23 February (1970)

Geography

🇬🇾 Guyana’s territory, resources and strategic position

Area
215Kkm²
Land Boundaries
2.9Kkm
Coastline
459km
Maritime Claims
12nm
Land Use
2%

Location and areaBack to top ↑

Location

Northern South America, bordering the North Atlantic Ocean, between Suriname and Venezuela

Geographic coordinates

5 00 N, 59 00 W

Map references

South America

Area
total:214,969 sq km
land:196,849 sq km
water:18,120 sq km
Area — comparative

slightly smaller than Idaho

Land boundaries
total:2,933 km
border countries:Brazil 1,308 km, Suriname 836 km, Venezuela 789 km
Coastline

459 km

Maritime claims
territorial sea:12 nm
exclusive economic zone:200 nm
continental shelf:200 nm or to the outer edge of the continental margin

Terrain and resourcesBack to top ↑

Terrain

mostly rolling highlands; low coastal plain; savanna in south

Natural resources

bauxite, gold, diamonds, hardwood timber, shrimp, fish

Land use
arable land:1.95%
permanent crops:0.13%
other:97.92% (2011)
Irrigated land

1,501 sq km (2003)

Settlement and hazardsBack to top ↑

Natural hazards

flash flood threat during rainy seasons

Geography note

the third-smallest country in South America after Suriname and Uruguay; substantial portions of its western and eastern territories are claimed by Venezuela and Suriname respectively

OtherBack to top ↑

Elevation extremes
lowest point:Atlantic Ocean 0 m
highest point:Mount Roraima 2,835 m
Total renewable water resources

241 cu km (2011)

Freshwater withdrawal (domestic/industrial/agricultural)
total:1.64 cu km/yr (4%/1%/94%)
per capita:2,222 cu m/yr (2010)
Environment - current issues

water pollution from sewage and agricultural and industrial chemicals; deforestation

Environment - international agreements
party to:Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94
signed, but not ratified:none of the selected agreements
Environment

🇬🇾 Guyana’s environmental conditions, resources and national resilience

Carbon Dioxide Emissions
—
Methane Emissions
—
Particulate Matter Emissions
—
Total Water Withdrawal
—
Waste and Recycling
—

Conditions and issuesBack to top ↑

Climate

tropical; hot, humid, moderated by northeast trade winds; two rainy seasons (May to August, November to January)

Critical Technology

🇬🇾 Guyana’s technology frontiers and the pursuit of national advantage

Large-Scale AI Systems
—
Cumulative Launched
—
Space Agency
—
Launch Sites
—
Programme
—

Technology systemsBack to top ↑

GINC data

Capability-group ratings for Critical Technology are part of the GINC National Capability Framework rather than the country factbook. They are published in the National Capability index, and the per-capability detail lives on the capability pages.

Medicine and BioTechBack to top ↑

Clinical research and life-science invention, drawn from the same series that drive the metric pages. Each card opens the full cross-country comparison.

Clinical Trials·2014
1
#101 World
20002024

Space programmeBack to top ↑

🇬🇾Guyana
Objects Launched into Space
Annual number of objects launched into outer space, 1950–2025. Guyana is highlighted; other major launchers are shown in grey.
GuyanaOther major launchers
01K2K3K4K
1950198020002025
Source. UN Office for Outer Space Affairs (2026).
🇬🇾Guyana
Cumulative Objects Launched
Cumulative number of objects launched into outer space, 1950–2025. Guyana is highlighted; other major launchers are shown in grey.
GuyanaOther major launchers
05K10K15K20K
1950198020002025
Source. UN Office for Outer Space Affairs (2026).
Strategic Infrastructure

🇬🇾 Guyana’s energy, connectivity and the material foundations of capability

Airports·2013
117
Railways
—
Ports
—
Electricity Access
—
Internet Users·2009
189.6K

TransportBack to top ↑

Airports

117 (2013)

Merchant marine
total:10
by type:cargo 7, petroleum tanker 2, refrigerated cargo 1
registered in other countries:3 (Saint Vincent and the Grenadines 2, unknown 1) (2010)

Digital connectivityBack to top ↑

Telephones - mobile cellular

547,000 (2012)

Internet users

189,600 (2009)

Internet country code

.gy

OtherBack to top ↑

Electricity - production

700 million kWh (2010 est.)

Electricity - consumption

512 million kWh (2010 est.)

Electricity - exports

0 kWh (2012 est.)

Electricity - imports

0 kWh (2012 est.)

Electricity - installed generating capacity

362,500 kW (2010 est.)

Electricity - from fossil fuels

96% of total installed capacity (2010 est.)

Electricity - from nuclear fuels

0% of total installed capacity (2010 est.)

Electricity - from hydroelectric plants

0.3% of total installed capacity (2010 est.)

Electricity - from other renewable sources

3.7% of total installed capacity (2010 est.)

Crude oil - production

0 bbl/day (2012 est.)

Crude oil - exports

0 bbl/day (2010 est.)

Crude oil - imports

0 bbl/day (2010 est.)

Crude oil - proved reserves

0 bbl (1 January 2013 est.)

Refined petroleum products - production

0 bbl/day (2010 est.)

Refined petroleum products - consumption

10,910 bbl/day (2011 est.)

Refined petroleum products - exports

0 bbl/day (2010 est.)

Refined petroleum products - imports

10,780 bbl/day (2010 est.)

Natural gas - production

0 cu m (2011 est.)

Natural gas - consumption

0 cu m (2010 est.)

Natural gas - exports

0 cu m (2011 est.)

Natural gas - imports

0 cu m (2011 est.)

Natural gas - proved reserves

0 cu m (1 January 2013 est.)

Carbon dioxide emissions from consumption of energy

1.673 million Mt (2011 est.)

Telephones - main lines in use

154,200 (2012)

Telephone system
general assessment:fair system for long-distance service; microwave radio relay network for trunk lines; many areas still lack fixed-line telephone services
domestic:fixed-line teledensity is about 20 per 100 persons; mobile-cellular teledensity about 70 per 100 persons in 2011
international:country code - 592; tropospheric scatter to Trinidad; satellite earth station - 1 Intelsat (Atlantic Ocean) (2011)
Internet hosts

24,936 (2012)

Airports - with paved runways
total:11
1,524 to 2,437 m:2
914 to 1,523 m:1
under 914 m:8 (2013)
Airports - with unpaved runways
total:106
1,524 to 2,437 m:1
914 to 1,523 m:16
under 914 m:89 (2013)
Roadways
total:7,970 km
paved:590 km
unpaved:7,380 km (2000)
Waterways

330 km (the Berbice, Demerara, and Essequibo rivers are navigable by oceangoing vessels for 150 km, 100 km, and 80 km respectively) (2012)

Ports and terminals
major seaport(s):Georgetown
National Security

🇬🇾 Guyana’s force, intelligence and the defence of the nation

Armed Forces Personnel
—
Military Personnel
—
Military Spending
—
Spending (% of GDP)
—
Armed Forces (% of Labour Force)
—

Forces and expenditureBack to top ↑

Military expenditures

1.09% of GDP (2012)//1.17% of GDP (2011)//1.09% of GDP (2010)

Personnel and equipmentBack to top ↑

Military service age and obligation

18 years of age or older for voluntary military service; no conscription (2014)

Forces under armsBack to top ↑

Active-duty strength on the Correlates of War series, which reaches back to 1816 and so carries a nation’s whole record of mobilisation rather than its present establishment. The card opens the full cross-country comparison.

Military Personnel·2022
3,000
#150 World
18162022

OtherBack to top ↑

Military branches

Guyana Defense Force: Army (includes Air Corps, Coast Guard) (2012)

Manpower available for military service
males age 16-49:189,840 (2010 est.)
Manpower fit for military service
males age 16-49:133,239
females age 16-49:147,719 (2010 est.)
Manpower reaching militarily significant age annually
male:8,849
female:8,460 (2010 est.)
Human Capital

🇬🇾 Guyana’s population, health and the skills that sustain capability

Population
735.6K
Median Age
25years
Generative AI Use·2026
10%
Life Expectancy at Birth
67.8years
Total Fertility Rate·2014
2.1children born/woman

DemographyBack to top ↑

Population

735,554

estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Nationality
noun:Guyanese (singular and plural)
adjective:Guyanese
Age structure
0-14 years:29% (male 108,703/female 104,793)
15-24 years:21% (male 79,354/female 74,921)
25-54 years:37.2% (male 142,348/female 131,108)
55-64 years:7.5% (male 24,677/female 30,562)
65 years and over:5.1% (male 16,318/female 22,770) (2014 est.)
Dependency ratios
total dependency ratio:63.5 %
youth dependency ratio:57.7 %
elderly dependency ratio:5.7 %
potential support ratio:17.5 (2014 est.)
Median age
total:25 years
male:24.6 years
female:25.4 years (2014 est.)
Population growth rate

-0.11% (2014 est.)

Birth rate

15.9 births/1,000 population (2014 est.)

Death rate

7.3 deaths/1,000 population (2014 est.)

Sex ratio
at birth:1.05 male(s)/female
0-14 years:1.04 male(s)/female
15-24 years:1.06 male(s)/female
25-54 years:1.09 male(s)/female
55-64 years:1.02 male(s)/female
65 years and over:0.69 male(s)/female
total population:0.99 male(s)/female (2014 est.)
Total fertility rate

2.14 children born/woman (2014 est.)

Mother's mean age at first birth

20.8

median age at first birth among women 25-29 (2009 est.)

Migration and urbanisationBack to top ↑

Net migration rate

-9.67 migrant(s)/1,000 population (2014 est.)

Urbanisation
urban population:28.4% of total population (2011)
rate of urbanization:0.53% annual rate of change (2010-15 est.)
Major urban areas — population

GEORGETOWN (capital) 127,000 (2011)

HealthBack to top ↑

Life expectancy at birth
total population:67.81 years
male:64.82 years
female:70.96 years (2014 est.)
Infant mortality rate
total:33.56 deaths/1,000 live births
male:37.57 deaths/1,000 live births
female:29.36 deaths/1,000 live births (2014 est.)
Hospital bed density

2 beds/1,000 population (2009)

Drinking water source
improved:urban: 96.6% of population; rural: 97.9% of population; total: 97.6% of population
unimproved:urban: 3.4% of population; rural: 2.1% of population; total: 2.4% of population (2012 est.)
Sanitation facility access
improved:urban: 87.9% of population; rural: 82% of population; total: 83.6% of population
unimproved:urban: 12.1% of population; rural: 18% of population; total: 16.4% of population (2012 est.)
Obesity — adult prevalence rate

17.2% (2008)

Children under the age of 5 years underweight

11.1% (2009)

EducationBack to top ↑

Literacy
definition:age 15 and over has ever attended school
total population:91.8%
male:92%
female:91.6% (2002 Census)
School life expectancy (primary to tertiary education)
total:10 years
male:9 years
female:11 years (2012)

Generative AI adoptionBack to top ↑

Modelled share of working-age adults using generative AI, from Microsoft telemetry scaled to each country’s 15–64 population. A measure of how fast a workforce is absorbing the technology rather than of how much of it a nation builds. The card opens the full cross-country comparison.

Generative AI Use·2026
10%
#97 World
20252026

Welfare and equityBack to top ↑

Population below poverty line

35% (2006)

Household income or consumption by percentage share
lowest 10%:1.3%
highest 10%:33.8% (1999)

OtherBack to top ↑

Demographic profile

Guyana is the only English-speaking country in South America and shares cultural and historical bonds with the Anglophone Caribbean. Guyana's two largest ethnic groups are the Afro-Guyanese (descendants of African slaves) and the Indo-Guyanese (descendants of Indian indentured laborers), which together comprise about three quarters of Guyana's population. Tensions periodically have boiled over between the two groups, which back ethnically based political parties and vote along ethnic lines. Poverty reduction has stagnated since the late 1990s. About one-third of the Guyanese population lives below the poverty line; indigenous people are disproportionately affected. Although Guyana's literacy rate is reported to be among the highest in the Western Hemisphere, the level of functional literacy is considerably lower, which has been attributed to poor education quality, teacher training, and infrastructure.//Guyana's emigration rate is among the highest in the world - more than 55% of its citizens reside abroad - and it is one of the largest recipients of remittances relative to GDP among Latin American and Caribbean counties. Although remittances are a vital source of income for most citizens, the pervasive emigration of skilled workers deprives Guyana of professionals in healthcare and other key sectors. More than 80% of Guyanese nationals with tertiary level educations have emigrated. Brain drain and the concentration of limited medical resources in Georgetown hamper Guyana's ability to meet the health needs of its predominantly rural population. Guyana has one of the highest HIV prevalence rates in the region and continues to rely on international support for its HIV treatment and prevention programs.

Maternal mortality rate

280 deaths/100,000 live births (2010)

Contraceptive prevalence rate

42.5% (2009)

Health expenditures

5.9% of GDP (2011)

Physicians density

0.21 physicians/1,000 population (2010)

HIV/AIDS - adult prevalence rate

1.3% (2012 est.)

HIV/AIDS - people living with HIV/AIDS

7,200 (2012 est.)

HIV/AIDS - deaths

100 (2012 est.)

Major infectious diseases
degree of risk:very high
food or waterborne diseases:bacterial and protozoal diarrhea, hepatitis A, and typhoid fever
vectorborne diseases:dengue fever and malaria (2013)
Education expenditures

3.2% of GDP (2012)

Child labor - children ages 5-14
total number:30,255
percentage:16 % (2006 est.)
Unemployment, youth ages 15-24
total:46.05%
male:43.59%
female:50% (2011)
Disputes - international

all of the area west of the Essequibo River is claimed by Venezuela preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before UN Convention on the Law of the Sea (UNCLOS) that Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; Suriname claims a triangle of land between the New and Kutari/Koetari rivers in a historic dispute over the headwaters of the Courantyne; Guyana seeks arbitration under provisions of the UNCLOS to resolve the long-standing dispute with Suriname over the axis of the territorial sea boundary in potentially oil-rich waters

Governance and Integrity

🇬🇾 Guyana’s institutions, law and the integrity of the state

Government
republic
Capital
Georgetown
Administrative Divisions
10regions; Barima-Waini, Cuyu…
Independence·1966
26 May 1966
Suffrage
18years of age; universal

State structureBack to top ↑

Country name
conventional long form:Cooperative Republic of Guyana
conventional short form:Guyana
former:British Guiana
Government type

republic

Capital
name:Georgetown
geographic coordinates:6 48 N, 58 09 W
time difference:UTC-4 (1 hour ahead of Washington, DC, during Standard Time)
Administrative divisions

10 regions; Barima-Waini, Cuyuni-Mazaruni, Demerara-Mahaica, East Berbice-Corentyne, Essequibo Islands-West Demerara, Mahaica-Berbice, Pomeroon-Supenaam, Potaro-Siparuni, Upper Demerara-Berbice, Upper Takutu-Upper Essequibo

Constitution

several previous; latest promulgated 6 October 1980; amended many times, last in 2007 (2013)

Suffrage

18 years of age; universal

Legal systemBack to top ↑

Legal system

common law system, based on the English model, with some Roman-Dutch civil law influence

International law organisation participation

has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction

Political institutionsBack to top ↑

Executive branch
chief of state:President Donald RAMOTAR (since 03 December 2011)
head of government:Prime Minister Samuel HINDS (since October 1992, except for a period as chief of state after the death of President Cheddi JAGAN on 6 March 1997)
cabinet:Cabinet of Ministers appointed by the president, responsible to the legislature
elections:president elected by popular vote as leader of a party list in parliamentary election, which must be held at least every five years (no term limits); elections last held on 28 November 2011 (next to be held by December 2016); prime minister appointed by the president
election results:Donald RAMOTAR elected president; percent of vote 48.6%
Legislative branch

unicameral National Assembly (65 seats; members elected by popular vote, also not more than 4 non-elected non-voting ministers and 2 non-elected non-voting parliamentary secretaries appointed by the president; members to serve five-year terms)

Judicial branch
highest court(s):Supreme Court of Judicature (consists of the Court of Appeal with a chief justice and 3 justices, and the High Court with a chief justice and 10 justices organized into 3- or 5-judge panels); note - in 2009, Guyana ceased final appeals in civil and criminal cases to the Judicial Committee of the Privy Council (in London), replacing it with the Caribbean Court of Justice, the judicial organ of the Caribbean Community
judge selection and term of office:Court of Appeal and High Court chief justices appointed by the president; other judges of both courts appointed by the Judicial Service Commission, a body appointed by the president; judges appointed for life with retirement at age 65
subordinate courts:Land Court; magistrates' courts

Rule of lawBack to top ↑

Trafficking in persons
current situation:Guyana is a source and destination country for men, women, and children subjected to sex trafficking and forced labor; Guyanese and foreign women and girls are forced into prostitution in Guyana; experts are concerned that Guyanese children are subjected to exploitive labor practices in the mining, agriculture, and forestry sectors; Indonesian workers are victims of forced labor on Guyanese-flagged fishing boats
tier rating:Tier 2 Watch List - Guyana does not fully comply with the minimum standards for the elimination of trafficking; however, it is making significant efforts to do so; despite some progress in identifying and assisting some trafficking victims, the government has failed to increase its efforts to hold trafficking offenders accountable with jail time, creating an enabling environment for human trafficking; public comments from the government downplaying the scope of Guyana's trafficking problem diminishes the potential impact of its awareness campaigns; authorities operate a hotline for trafficking victims and conduct several awareness and sensitization sessions that target vulnerable communities (2013)
Illicit drugs

transshipment point for narcotics from South America - primarily Venezuela - to Europe and the US; producer of cannabis; rising money laundering related to drug trafficking and human smuggling

OtherBack to top ↑

Political parties and leaders

Alliance for Change or AFC [Khemraj RAMJATTAN]//Justice for All Party [C.N. SHARMA]//A Partnership for National Unity or APNU [David GRANGER]//People's Progressive Party/Civic or PPP/C [Donald RAMOTAR]//Rise, Organize, and Rebuild or ROAR [Ravi DEV]//The United Force or TUF [Manzoor NADIR]//The Unity Party [Joey JAGAN]//Vision Guyana [Peter RAMSAROOP]

Political pressure groups and leaders

Amerindian People's Association//Guyana Bar Association//Guyana Citizens Initiative//Guyana Human Rights Association//Guyana Public Service Union or GPSU//Private Sector Commission//Trades Union Congress

Flag description

green, with a red isosceles triangle (based on the hoist side) superimposed on a long, yellow arrowhead; there is a narrow, black border between the red and yellow, and a narrow, white border between the yellow and the green; green represents forest and foliage; yellow stands for mineral resources and a bright future; white symbolizes Guyana's rivers; red signifies zeal and the sacrifice of the people; black indicates perseverance

National anthem
name:"Dear Land of Guyana, of Rivers and Plains"
lyrics/music:Archibald Leonard LUKERL/Robert Cyril Gladstone POTTER
adopted 1966
Information and Influence

🇬🇾 Guyana’s identity, media and the projection of influence

Languages
English, Amerindian diale…
Religions·2002
Protestant 30.5%
Ethnic Groups·2002
East Indian 43.5%, black
Broadcast Media·2007
government-dominated broa…
Intl Organisations
ACP, AOSIS, C, Caricom, C…

Identity and cultureBack to top ↑

Languages

English, Amerindian dialects, Creole, Caribbean Hindustani (a dialect of Hindi), Urdu

Religions

Protestant 30.5% (Pentecostal 16.9%, Anglican 6.9%, Seventh Day Adventist 5%, Methodist 1.7%), Hindu 28.4%, Roman Catholic 8.1%, Muslim 7.2%, Jehovah's Witnesses 1.1%, other Christian 17.7%, other 1.9%, none 4.3%, unspecified 0.9% (2002 est.)

Ethnic groups

East Indian 43.5%, black (African) 30.2%, mixed 16.7%, Amerindian 9.1%, other 0.5% (2002 census)

National symbol(s)

Canje pheasant (hoatzin); jaguar

MediaBack to top ↑

Broadcast media

government-dominated broadcast media; the National Communications Network (NCN) TV is state-owned; a few private TV stations relay satellite services; the state owns and operates 2 radio stations broadcasting on multiple frequencies capable of reaching the entire country; government limits on licensing of new private radio stations continue to constrain competition in broadcast media (2007)

Diplomatic networkBack to top ↑

International organisation participation

ACP, AOSIS, C, Caricom, CD, CDB, CELAC, FAO, G-77, IADB, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO (correspondent), ITU, LAES, MIGA, NAM, OAS, OIC, OPANAL, OPCW, PCA, Petrocaribe, UN, UNASUR, UNCTAD, UNESCO, UNIDO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

Diplomatic representation in the US
chief of mission:Ambassador Bayney KARRAN (since 4 December 2003)
chancery:2490 Tracy Place NW, Washington, DC 20008
telephone:[1] (202) 265-6900
FAX:[1] (202) 232-1297
consulate(s) general:New York
Diplomatic representation from the US
chief of mission:Ambassador D. Brent HARDT (since 19 August 2011)
embassy:US Embassy, 100 Young and Duke Streets, Kingston, Georgetown
mailing address:P. O. Box 10507, Georgetown; US Embassy, 3170 Georgetown Place, Washington DC 20521-3170
telephone:[592] 225-4900 through 4909
FAX:[592] 225-8497
Financial Strength

🇬🇾 Guyana’s fiscal depth, reserves and the capacity to act

Inflation Rate (consumer Prices)·2013
3.9%
Public Debt·2013
59.9%GDP
Taxes and Other Revenues·2013
25.1%GDP
Reserves of Foreign Exchange and Gold·2013
$854.7M
Debt - External·2011
$1.8B

FiscalBack to top ↑

Budget
revenues:$756.7 million
expenditures:$948.5 million (2013 est.)
Taxes and other revenues

25.1% of GDP (2013 est.)

Budget surplus (+) or deficit (-)

-6.4% of GDP (2013 est.)

Public debt

59.9% of GDP (2013 est.)//59.5% of GDP (2012 est.)

Monetary and externalBack to top ↑

Inflation rate (consumer prices)

3.9% (2013 est.)//2.4% (2012 est.)

Reserves of foreign exchange and gold

$854.7 million (31 December 2013 est.)//$864 million (31 December 2012 est.)

Debt — external

$1.846 billion (31 December 2011 est.)//$1.846 billion (31 December 2011 est.)

Exchange rates

Guyanese dollars (GYD) per US dollar -//205.9 (2013 est.)//204.36 (2012 est.)//203.64 (2010 est.)//203.95 (2009)//203.86 (2008)

Production and Innovation

🇬🇾 Guyana’s output, industry and the engine of prosperity

Real GDP (purchasing Power Parity)
—
Real GDP Growth Rate
—
Real GDP per Capita
—
GDP (official Exchange Rate)·2013
$3B
Labor Force·2009
313.1K

OutputBack to top ↑

GDP (official exchange rate)

$3.02 billion (2013 est.)

GDP composition, by sector of origin
agriculture:20.7%
industry:38.5%
services:40.8% (2013 est.)
GDP composition, by end use
household consumption:85.6%
government consumption:16.3%
investment in fixed capital:22.5%
investment in inventories:-13.5%
exports of goods and services:59.9%
imports of goods and services:-70.8%; (2013 est.)

Sectors and industryBack to top ↑

Industries

bauxite, sugar, rice milling, timber, textiles, gold mining

Industrial production growth rate

13.5% (2013 est.)

LabourBack to top ↑

Labour force

313,100 (2009 est.)

Unemployment rate

11% (2007)

OtherBack to top ↑

Economy - overview

The Guyanese economy exhibited moderate economic growth in recent years and is based largely on agriculture and extractive industries. The economy is heavily dependent upon the export of six commodities - sugar, gold, bauxite, shrimp, timber, and rice - which represent nearly 60% of the country's GDP and are highly susceptible to adverse weather conditions and fluctuations in commodity prices. Guyana's entrance into the Caricom Single Market and Economy (CSME) in January 2006 has broadened the country's export market, primarily in the raw materials sector. Guyana has experienced positive growth almost every year over the past decade. Inflation has been kept under control. Recent years have seen the government's stock of debt reduced significantly - with external debt now less than half of what it was in the early 1990s. Chronic problems include a shortage of skilled labor and a deficient infrastructure. Despite recent improvements, the government is still juggling a sizable external debt against the urgent need for expanded public investment. In March 2007, the Inter-American Development Bank, Guyana's principal donor, canceled Guyana's nearly $470 million debt, equivalent to 21% of GDP, which along with other Highly Indebted Poor Country (HIPC) debt forgiveness brought the debt-to-GDP ratio down from 183% in 2006 to 60% in 2013. Guyana had become heavily indebted as a result of the inward-looking, state-led development model pursued in the 1970s and 1980s. Much of Guyana's growth in recent years has come from a surge in gold production in response to global prices, although downward trends in gold prices may threaten future growth. In 2013, production of sugar dropped to a 23-year low.

GDP (purchasing power parity)

$6.593 billion (2013 est.)//$6.26 billion (2012 est.)//$5.972 billion (2011 est.)

data are in 2013 US dollars
GDP - real growth rate

5.3% (2013 est.)//4.8% (2012 est.)//5.4% (2011 est.)

GDP - per capita (PPP)

$8,500 (2013 est.)//$8,100 (2012 est.)//$7,700 (2011 est.)

data are in 2013 US dollars
Gross national saving

6.2% of GDP (2013 est.)//8.3% of GDP (2012 est.)//9.4% of GDP (2011 est.)

Agriculture - products

sugarcane, rice, edible oils; beef, pork, poultry; shrimp, fish

Labor force - by occupation
agriculture:NA%
industry:NA%
services:NA%
Distribution of family income - Gini index

44.6 (2007)//43.2 (1999)

Fiscal year

calendar year

Central bank discount rate

5.5% (31 December 2011 est.)//4.25% (31 December 2010 est.)

Commercial bank prime lending rate

13.8% (31 December 2013 est.)//13.86% (31 December 2012 est.)

Stock of narrow money

$601.8 million (31 December 2013 est.)//$550.4 million (31 December 2012 est.)

Stock of broad money

$1.617 billion (31 December 2013 est.)//$1.49 billion (31 December 2012 est.)

Stock of domestic credit

$1.352 billion (31 December 2013 est.)//$1.223 billion (31 December 2012 est.)

Market value of publicly traded shares

$610.9 million (31 December 2012 est.)//$440.4 million (31 December 2011)//$NA (31 December 2010 est.)

Trade and Investment

🇬🇾 Guyana’s markets, capital and the terms of global exchange

Exports·2013
$1.3B
Imports·2013
$2B
Current Account Balance·2013
-$510.7 million
Remittances
—
Exchange Rates·2013
Guyanese dollars

External balanceBack to top ↑

Current account balance

-$510.7 million (2013 est.)//-$394.8 million (2012 est.)

ExportsBack to top ↑

Exports

$1.337 billion (2013 est.)//$1.396 billion (2012 est.)

Exports — partners

US 30.8%, Canada 28.9%, UK 6.2% (2012)

Exports — commodities

sugar, gold, bauxite, alumina, rice, shrimp, molasses, rum, timber

ImportsBack to top ↑

Imports

$2.039 billion (2013 est.)//$1.978 billion (2012 est.)

Imports — partners

US 22.2%, Trinidad and Tobago 21.9%, China 12.3%, Cuba 6.1%, Suriname 4% (2012)

Imports — commodities

manufactures, machinery, petroleum, food

Contents

GINC Indices
Foundations
Capability Domains