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With 215,000 square kilometres (83,000 sq mi), Guyana is the fourth-smallest country on mainland South America after Uruguay, Suriname and French Guiana. The main economic activities in Guyana are agriculture (production of rice and Demerara sugar ), bauxite mining, gold mining, timber, shrimp fishing and minerals.
The economy of Guyana is one of the fastest growing economies in the world, with a gross domestic product (GDP) growth of 19.9% in 2021. [9] In 2024, Guyana had a per capita gross domestic product ( purchasing power parity ) of Int$ 80,137 and an average GDP growth of 4.2% over the previous decade. [ 4 ]
United States Agency for International Development, a major source of agricultural produce for Guyana Guyanese agricultural trade with the United States during the economic crisis fell between 1981 and 1983 as per the United States Department of Agriculture (USDA), [ 10 ] impacting wheat flour as a major import of Guyanese trade in that period ...
Maintaining preferential access to the European market was a priority in Guyana; in 1988 and 1989, production levels were too low to satisfy the EEC quota, so Guyana imported sugar at low prices and reexported it to the lucrative European market. Even so, Guyana fell 35,000 tons short of filling the quota in 1989 and 13,000 tons short in 1990. [8]
Mbombela, formerly Nelspruit, is a city in northeastern South Africa. It is the capital of the Mpumalanga province. Located on the Crocodile River , the city lies about 110 km (68 mi) by road west of the Mozambique border, 330 km (210 mi) east of Johannesburg and 82 km (51 mi) north of the Eswatini border.
Maintaining preferential access to the European market was a priority in Guyana; in 1988 and 1989, production levels were too low to satisfy the EEC quota, so Guyana imported sugar at low prices and reexported it to the lucrative European market. Even so, Guyana fell 35,000 tons short of filling the quota in 1989 and 13,000 tons short in 1990. [2]
The Guyana Stock Exchange is operated by the Guyana Association of Securities Companies and Intermediaries Inc. (GASCI) and is regulated by the Guyana Securities Council. Market capitalisation of local stocks in November 2021 stood at 568,639,217,573 GYD (US$2.72 billion). [3]
The Minister of Agriculture is a member of the executive branch of government in the country of Guyana. He or she is based at the Ministry of Agriculture, in Regent Street, Georgetown. The current minister is Zulfikar Mustapha, who was appointed to the position in 2020. [1]