Guyana: Economy and Trade

Guyana has become one of the fastest-growing economies in the world following the discovery of major offshore oil reserves in 2015, which has rapidly transformed a economy historically centered on agriculture, mining, and forestry. Traditional sectors such as rice, sugar, gold, and bauxite production remain important, but oil revenue now dominates GDP growth and government planning, prompting significant investment in infrastructure and public services.

The United States and other international partners are major destinations for Guyana's oil exports, while the country also trades with fellow members of the Caribbean Community (CARICOM), of which Guyana is a founding member and headquarters host. Guyana exports agricultural products, gold, and increasingly petroleum, while importing machinery, manufactured goods, and food products to support its rapidly expanding economy.