Economy of Guyana

Economy of Guyana
	Downtown Georgetown, Guyana
Currency	Guyanese dollar (GYD)
Fiscal year	Calendar year
Trade organisations	CARICOM, WTO, Prosur, Unasur, Mercosur (associate)
Country group	Developing/Emerging; High-income economy;
Statistics
Population	794,099 (2024 est.)
GDP	$25.82 billion (nominal; 2025); $75.29 billion (PPP; 2025);
GDP rank	117th (nominal; 2025); 110th (PPP; 2025);
GDP growth	43.6% (2024); 10.3% (2025); 23.0% (2026f); 21.0% (2027f);
GDP per capita	$32,330 (nominal; 2025); $94,260 (PPP; 2025);
GDP per capita rank	37th (nominal; 2025); 6th (PPP; 2026);
GDP by sector	agriculture: 15.4%; industry: 15.3%; services: 69.3%; (2017 est.);
Inflation (CPI)	4.5% (2023)
Population below poverty line	35% (2006 est.)
Gini coefficient	44.6 medium (2007)
Human Development Index	0.776 high (2023) (89th); N/A IHDI (2023);
Labour force	299,147 (2021); 43.3% employment rate (2019);
Labour force by occupation	N/A
Unemployment	16.4% (2019); 29.9% youth unemployment (2021; 15 to 24 year-olds); Number of people unemployed: N/A;
External
Exports	$5.721 billion (2021)
Export goods	crude petroleum, sugar, gold, bauxite, alumina, rice, shrimp, molasses, rum, timber, railway shipping containers
Main export partners	United States 42%; Singapore 16%; UAE 6.9%; United Kingdom 6.9%; Canada 6.6%; ;
Imports	$6.661 billion (2021)
Import goods	floating drilling platforms, refined petroleum, valves, construction vehicles, cars manufacturing, machinery, food
Main import partners	Singapore 33%; United States 19%; Trinidad and Tobago 12%; China 8%; Brazil 2%;
Gross external debt	$1.38 billion (Q1 2022)
Public finances
Government debt	44% of GDP (2021 est.)
Budget balance	−5.3% (of GDP) (2020)
Revenues	1.002 billion (2017)
Expenses	1.164 billion (2017)
Economic aid	$5.8 million (2020)
Credit rating	N/A
	All values, unless otherwise stated, are in US dollars.

The economy of Guyana is one of the fastest growing economies in the world, with a gross domestic product (GDP) growth of 10.3% in 2025. In 2025, Guyana had a per capita gross domestic product (purchasing power parity) of Int$94,260. Guyana's economy was transformed in 2015 with the discovery of an offshore oil field in the country's waters about 190 km (120 mi) from Georgetown, making the first commercial-grade crude oil draw in December 2019, sending it abroad for refining.