World Factbook

Guyana

Cooperative Republic of Guyana

Last updated: 2026-03-28 (today)

Budget

revenues

$1.333 billion (2019 est.)

expenditures

$1.467 billion (2019 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2021

$4.594 billion (2021 est.)

Exports 2022

$11.517 billion (2022 est.)

Exports 2023

$13.739 billion (2023 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2021

$6.588 billion (2021 est.)

Imports 2022

$7.033 billion (2022 est.)

Imports 2023

$10.956 billion (2023 est.)

Industries

bauxite, sugar, rice milling, timber, textiles, gold mining

Labor force

292,200 (2024 est.)

note: number of people ages 15 or older who are employed or seeking work

Public debt

Public debt 2016

50.7% of GDP (2016 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2021

6.9% of GDP (2021 est.)

Remittances 2022

3.7% of GDP (2022 est.)

Remittances 2023

3.2% of GDP (2023 est.)

Exchange rates

Currency

Guyanese dollars (GYD) per US dollar -

Exchange rates 2020

208.5 (2020 est.)

Exchange rates 2021

208.5 (2021 est.)

Exchange rates 2022

208.5 (2022 est.)

Exchange rates 2023

208.5 (2023 est.)

Exchange rates 2024

208.5 (2024 est.)

Debt - external

note

note: present value of external debt in current US dollars

Debt - external 2023

$1.805 billion (2023 est.)

Economic overview

small, hydrocarbon-driven South American export economy; major forest coverage being leveraged in carbon credit offsets to encourage preservation; strengthening financial sector; large bauxite and gold resources

Unemployment rate

note

note: % of labor force seeking employment

Unemployment rate 2022

12.1% (2022 est.)

Unemployment rate 2023

12.1% (2023 est.)

Unemployment rate 2024

10.2% (2024 est.)

Exports - partners

USA 20%, Trinidad & Tobago 11%, Netherlands 10%, Singapore 10%, Germany 7% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

USA 28%, China 13%, Trinidad & Tobago 11%, Brazil 5%, Bahamas, The 4% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2022

$37,100 (2022 est.)

Real GDP per capita 2023

$49,300 (2023 est.)

Real GDP per capita 2024

$70,300 (2024 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2022

63.3% (2022 est.)

Real GDP growth rate 2023

33.8% (2023 est.)

Real GDP growth rate 2024

43.4% (2024 est.)

Agricultural products

rice, sugarcane, plantains, cassava, papayas, pumpkins/squash, chicken, milk, ginger, eggplants (2023)

note: top ten agricultural products based on tonnage

Exports - commodities

crude petroleum, railway cargo containers, gold, ships, rice (2023)

note: top five export commodities based on value in dollars

Imports - commodities

refined petroleum, ships, construction vehicles, excavation machinery, cars (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2021

-$1.36 billion (2021 est.)

Current account balance 2022

$4.242 billion (2022 est.)

Current account balance 2023

$2.352 billion (2023 est.)

GDP (official exchange rate)

$24.836 billion (2024 est.)

note: data in current dollars at official exchange rate

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2022

6.1% (2022 est.)

Inflation rate (consumer prices) 2023

2.8% (2023 est.)

Inflation rate (consumer prices) 2024

2.9% (2024 est.)

Industrial production growth rate

53.3% (2024 est.)

note: annual % change in industrial value added based on constant local currency

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2022

$30.457 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$40.749 billion (2023 est.)

Real GDP (purchasing power parity) 2024

$58.423 billion (2024 est.)

Youth unemployment rate (ages 15-24)

male

17.4% (2024 est.)

note

note: % of labor force ages 15-24 seeking employment

total

22.3% (2024 est.)

female

28.1% (2024 est.)

Reserves of foreign exchange and gold

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2022

$917.877 million (2022 est.)

Reserves of foreign exchange and gold 2023

$895.275 million (2023 est.)

Reserves of foreign exchange and gold 2024

$1.01 billion (2024 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

74.3% (2024 est.)

services

15.3% (2024 est.)

agriculture

8% (2024 est.)