Economic Structure of Guyana

By: EconomyWatch   Date: 30 June 2010

About The Author

EconomyWatch

The core Content Team our economy, industry, investing and personal finance reference articles.

EconomyWatch, Content Team

 

  • Dot Div
  •      

STRUCTURE OF THE ECONOMY
All the sectors of the economy, including agriculture, industry, manufacturing and services are marked to be equally important with regards to their respective contribution to GDP.
 

Important Industries in the country are bauxite, milling, sugar, timber, textiles, gold and mining. Major agricultural products in the country are rice, wheat, pork, poultry, vegetable oils and dairy products.

The following table shows the average annual growth of various sectors over the years.

Average Annual Growth 1984-94 1994-04 Agriculture 2.1 2.3 Industry 0.5 2.3 Manufacturing -2 0.6 Services 0.9 2.8

The value additions by different sectors as the percentage of the total GDP of the country are as follows:

  2000 2003 2004 Agriculture, value added (% of GDP) 31.1 31.4 31.3 Industry, value added (% of GDP) 29.0 27.2 27.0 Services, etc., value added (% of GDP) 39.9 41.4 41.7

 


  • Dot Div
  •      

Most Popular in Guyana Economy

Related Links
blog comments powered by Disqus