GUYANA

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INTRODUCING

GUYANA

Official title:
Co-operative Republic of Guyana

General information:
Capital: Georgetown
Population: 735,222(July 2015 est.)
Total area: 214,970 km2
Currency: Guyanese dollar (GYD)
National holiday: Republic Day, 23rd February (1970)
Official language: English
National language: Guyanese Creole
Recognized regional languages: Portuguese, Spanish, Akawaio, Macushi, Waiwai, Arawak, Patamona, Warrau, Carib, Wapishana, Arekuna

Type of government:
Unitary semi-presidential republic

Economy:

  • GDP (nominal): $3 billion (2015 est.)
  • GDP (nominal) per capita: $4,173 (2015 est.)
  • GDP (PPP): $6 billion (2015 est.)
  • GDP (PPP) per capita: $7,280 (2015 est.)
  • GDP (official exchange rate): $3.059 billion (2014 est.)
  • GDP (real growth rate): 3,8% (2015 est.)


GDP per sector:

  • Agriculture 18,3%
  • Industry 20%
  • Services 61,7% (2015 est.)


Agriculture products: sugarcane, rice, edible oils, beef, pork, poultry, shrimp, fish
Main industries: bauxite, sugar, rice milling, timber, textiles, gold mining

Trade – Export
Exported commodities: gold, rice, bauxite, sugar, timber, shrimp and prawns, fish and by-products, prepared foods, bottled rum and spirits, diamonds

Main export partners:

  • US 26%
  • Canada 23,8%
  • United Kingdom 7,8%
  • Panama 6,5%
  • Trinidad & Tobago 5,7% (2015)


Trade – Import

Imported commodities: fuel, contractors plant equipment, motor cars, manufactures from iron, steel and plastic, cement, food

Main import partners:

  • US 26,2%
  • Trinidad & Tobago 22,4%
  • China 7,7%
  • Suriname 5,2%
  • Venezuela 4,6 (2015)

Sources:

Bureau of Statistics – Government of Guayana. 2015. Trade and Prices Department. Available at: http://www.statisticsguyana.gov.gy/trade.html  (February 10th 2016).

Central Intelligence Agency. 2015. The World Factbook: Guyana. Available at: https://www.cia.gov (February 9th 2016).

International Monetary Fund. 2015. World Economic Outlook: Guyana. Available at: http://knoema.com/IMFWEO2015Oct/imf-world-economic-outlook-weo-october-2015 (February 10th 2016).

World Trade Organization – Trade Policy Review Body. 2015. Trade Policy Review, Report by the Secretariat: Guyana. Available at: https://www.wto.org (February 10th 2016).

World Trade Organization. 2015. Statistics Database: Guyana. Available at: http://stat.wto.org (Feburary 10th 2016).