Buy the DOT on Diskettes or CD-ROM

. . Flags of the World Maps of All Countries

  • |Main INDEX|
  • 2003 INDEX
  • Country Ranks
  • DEFINITIONS


    . Feedback
  • geographic.org Home PageCountry Index

    Guyana Economy - 2003
    https://theodora.com/wfb2003/guyana/guyana_economy.html
    SOURCE: 2003 CIA WORLD FACTBOOK

      Economy - overview: The Guyanese economy has exhibited moderate economic growth in 2001-02, based on expansion in the agricultural and mining sectors, a more favorable atmosphere for business initiatives, a more realistic exchange rate, fairly low inflation, and the continued support of international organizations. Chronic problems include a shortage of skilled labor and a deficient infrastructure. The government is juggling a sizable external debt against the urgent need for expanded public investment. The bauxite mining sector should benefit in the near term by restructuring and partial privatization.


      GDP: purchasing power parity - $2.7 billion (2002 est.)


      GDP - real growth rate: 2.1% (2002 est.)


      GDP - per capita: purchasing power parity - $4,000 (2002 est.)


      GDP - composition by sector: agriculture: 35%
      industry: 21%
      services: 44% (2002 est.)


      Population below poverty line: NA%


      Household income or consumption by percentage share: lowest 10%: NA%
      highest 10%: NA%


      Inflation rate (consumer prices): 4.7% (2002 est.)


      Labor force: 418,000 (2001 est.)


      Labor force - by occupation: agriculture NA%, industry NA%, services NA%


      Unemployment rate: 9.1% (understated) (2000)


      Budget: revenues: $227 million
      expenditures: $235.2 million, including capital expenditures of $93.4 million (2000)


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


      Industrial production growth rate: 7.1% (1997 est.)


      Electricity - production: 852 million kWh (2001)


      Electricity - production by source: fossil fuel: 99.4%
      hydro: 0.6%
      other: 0% (2001)
      nuclear: 0%


      Electricity - consumption: 792.4 million kWh (2001)


      Electricity - exports: 0 kWh (2001)


      Electricity - imports: 0 kWh (2001)


      Oil - production: 0 bbl/day (2001 est.)


      Oil - consumption: 11,000 bbl/day (2001 est.)


      Oil - exports: NA (2001)


      Oil - imports: NA (2001)


      Agriculture - products: sugar, rice, wheat, vegetable oils; beef, pork, poultry, dairy products; fish (shrimp)


      Exports: $500 million f.o.b. (2002)


      Exports - commodities: sugar, gold, bauxite/alumina, rice, shrimp, molasses, rum, timber


      Exports - partners: US 22.5%, Canada 20.8%, UK 13.7%, Netherlands Antilles 11.4% (2000)


      Imports: $575 million c.i.f. (2002)


      Imports - commodities: manufactures, machinery, petroleum, food


      Imports - partners: US 32.7%, Netherlands Antilles 18.9%, Trinidad and Tobago 14.2%, UK 6.2% (2000)


      Debt - external: $1.2 billion (2002)


      Economic aid - recipient: $84 million (1995), Heavily Indebted Poor Country Initiative (HIPC) $253 million (1997)


      Currency: Guyanese dollar (GYD)


      Currency code: GYD


      Exchange rates: Guyanese dollars per US dollar - NA (2002), 187.321 (2001), 182.43 (2000), 177.995 (1999), 150.519 (1998)


      Fiscal year: calendar year


      NOTE: The information regarding Guyana on this page is re-published from the 2003 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Guinea Geography 2003 information contained here. All suggestions for corrections of any errors about Guyana Economy 2003 should be addressed to the CIA.

    Support Our Sponsor

    Support Our Sponsor

    Please ADD this page to your FAVORITES - - - - -



    https://theodora.com/wfb2003/guyana/guyana_economy.html

    Revised 20-Sep-03
    Copyright © 2003 Photius Coutsoukis (all rights reserved)


    guyana_economy_2003