Guyana Economy


Guyana is a Lower Middle Income country comes under the Latin America and the Caribbean region, according to the classification made by the World Bank on the basis of income and region for year 2006. The country has a total surface area of 215.0 thousand square kilometers in 2004 with a forest area of 151.0 thousand square kilometers in 2000.

Economic Indicators Of Guyana Economy

Economy of Guyana has made dramatic progress after implementing economic recovery program (ERP). The participation of Governemnt's role in economic activities has reduced from time to time in the recent years.

Country's important economic indicators are as follows:
GDP Growth(Annual %)

Econmic Indicator 2000 2003 2004 GNI, Atlas method (current US$) 649.0 million 682.1 million 765.4 million GNI per capita, Atlas method (current US$) 870.0 910.0 1,020.0 GDP (current US$) 712.3 million 741.4 million 785.7 million GDP growth (annual %) -1.4 -0.6 1.5 Inflation, GDP deflator (annual %) 9.2 5.1 6.7

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Guyana Economy And Social Indicators
Population Growth (Annual %)
Important demographic and social indicators of the country are as follows:

Social Indicators 2000 2003 2004 Population, total 743.7 thousand 749.0 thousand 750.2 thousand Population growth (annual %) 0.3 0.2 0.2 Life expectancy at birth, total (years) 61.8 63.3 63.8 Fertility rate, total (births per woman) 2.4 2.3 2.2 Mortality rate, infant (per 1,000 live births) 52.0 .. 48.0 Mortality rate, under-5 (per 1,000) 70.0 .. 64.4 Immunization, measles (% of children ages 12-23 months) 86.0 89.0 88.0 Prevalence of HIV, total (% of population ages 15-49) .. 2.5 .. Primary completion rate, total (% of relevant age group) 111.6 96.0 95.3 School enrollment, primary (% gross) 122.2 126.1 125.7 School enrollment, secondary (% gross) 88.1 89.8 .. School enrollment, tertiary (% gross) .. 6.1 9.1