Key data points
Last release
—
Observation period
2024
Next release
—
Forecast
—
Highest
63.30 % on Dec 31, 2022
Lowest
−13.19 % on Dec 31, 1982
About Guyana GDP YoY
Guyana is one of the poorest countries in Latin America. Guyana’s economy is dependent on agriculture, mining (gold and bauxite), eco-tourism and foreign aid. Recent debt reliefs under the Highly Indebted Poor Countries initiative and the entrance into the Caribbean Single Market and Economy have enabled investment on infrastructure and broadened the export market. As a result, commercial agriculture and industrial production has been expanding. However, systemic trade deficits, high crime rates and skilled labour-force migration continue to hamper economic development.