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Guyana – Important Facts

Guyana is a sovereign state on the northern mainland of South America. It is, however, included in the Caribbean Region due to its strong cultural, historical, and political ties with the Caribbean Community (CARICOM). Guyana is bordered by the Atlantic Ocean to the north, Brazil to the south and south west, Suriname to the east and Venezuela to the west. With 215,000 square kilometres (83,000 sq mi), Guyana is the fourth-smallest country on mainland South America after Uruguay, Suriname, and French Guiana.

Guyana is a member of the Caribbean Community (CARICOM). Agriculture and natural resources are important sources of economic activity in Guyana. In 2015 agriculture, forestry, fishing and mining industries accounted for 28 percent of total GDP, and bauxite, sugar, rice, gold and timber made up 83 percent of exports (Ministry of Finance, 2016). These sectors are also large source of jobs. Guyana’s economic fortunes in recent years have reflected the path of global commodity prices. Between 2005 and 2013, the economy grew by 4.7 percent per year on average, ending a disappointing decade of alternating years of growth and contraction. However, real GDP growth decelerated to 3.8 percent in 2014 and to 3.0 percent in 2015, as commodity prices collapsed for Guyana’s major exports.

Facts: Co-operative Republic of Guyana Capital: Georgetown, Population: 758,000, Area: 214,969 sq km (83,000 sq miles), Major languages: English, indigenous languages, Creole, Hindi and Urdu, Major religions: Christianity, Hinduism, Islam, Life expectancy: 67 years (men) and 73 years (women), Currency: Guyanese dollar.

Important Details

  • Country ISO3: GIN
  • Country Code: 324
  • Income Group: Sub-Saharan Africa
  • Lending Category: Low income
  • Region: IDA
  • Currency Unit: Guinean franc
  • WTO Member: YES
  • Trade organisations: CARICOM, WTO
  • world rank: 136
  • Regional Ranking: 30th in Sub-Saharan Africa