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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.
Tourism in Guyana is a fledgling industry compared to other countries in the Caribbean. Tourism is mainly focused on ecotourism, and accommodations for business travelers. [1] Guyana is home to Kaieteur Falls, Mount Roraima, and St. George's Cathedral. In 2020, 18 businesses and 12 tour guides were licensed with the Guyana Tourism Authority ...
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 ]
Guyana National Newspaper Ltd. Government-owned. guyanachronicle.com: Village Voice Guyana [3] Georgetown: ... Commercial Review [24] Industrial Review; Guyana Business;
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).
The Guyana Agricultural and General Workers' Union (GAWU) is the largest trade union in Guyana.It was founded in 1946 as the Guiana Industrial Workers' Union.After failing in the 1950s it was reformed as the Guyana Sugar Workers' Union in 1961 but changed its name to Guyana Agricultural Workers' Union in 1962 before becoming the GAWU later that decade.
Operating and proposed projects in the Stabroek block. Esso, a subsidiary of ExxonMobil, began exploring the off-shore region in 2008. [10] In May 2015 ExxonMobil announced discovery of more than 90 metres of high-quality, oil-bearing sandstone reservoirs about 200 km off the coastline, [11] considered to be one of the largest crude oil discoveries of the past decade. [12]
The government of Guyana restructured the sugar industry in the mid-1980s to restore its profitability. The area dedicated to sugar production was reduced from 50,000 hectares to under 40,000 hectares, and two of ten sugarcane-processing mills were closed. GuySuCo also diversified into production of dairy products, livestock, citrus, and other ...