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Home >> World Economy >> Economic Structure of Guyana

Economic Structure of Guyana

Economic Indicators Economic Structure of Guyana Export & Import Insurance Mortgage Stock
 

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