Guyana set to grow by 20.9% in 2021: CARICOM BUSINESS
Jan 09, 2026
Image
Guyana’s economy will remain resilient against the effects of COVID-19, maintaining its growth trajectory as the petroleum sector ‘picks up steam’, the World Bank has said.
Guyana grew at an extraordinary rate of 43.5% in 2020, having completed a year of oil production. The positive spill-over effects have been dampened by a deep contraction in the non-oil economy, triggered by COVID-19 mitigation measures.
Despite the lingering adversities, projections remain positive, with the country set to record economic growth of 20.9% at the end of 2021, 26.0% in 2022 and 23.0% in 2023. (GC)
Extract from the CARICOM BUSINESS Newsletter Vol 4 No 13
Click on Link or Image below to read the full Newsletter:
You may also be interested in:
Mensaje de fin de año de la Secretaria General de la Comunidad del Caribe (CARICOM), Dra. Carla N. Barnett
We have come to the end of another year during which strenuous efforts have been made to ensure that the integration process improves the lives of the people of the Caribbean C
caricom_admin
La CSME, la seguridad alimentaria y la financiación climática encabezan la agenda de la Cumbre de CARICOM en las Bahamas.
The CARICOM Single Market and Economy (CSME); food security; climate change and climate finance; health; and security will be among the major topics when Heads of Government of
caricom_admin
La CSME, la seguridad alimentaria y la financiación climática encabezan la agenda de la Cumbre de CARICOM en las Bahamas.
The CARICOM Single Market and Economy (CSME); food security; climate change and climate finance; health; and security will be among the major topics when Heads of Government of
caricom_admin
Related Stories
Jamaica’s unemployment rate plummets to 6%: CARICOM BUSINESS
The unemployment rate for April 2022 decreased to 6.0%, 3.0 percentage points lower than in the same quarter of 2021.
Anonymous
Bahamas collects $931 million in revenue in 11 months: CARICOM BUSINESS
The Department of Inland Revenue (DIR) in the Bahamas has collected $930.57 million in taxes from July 1, 2021 to end of May, exceeding current FYprojections by $100 million.
Anonymous
TCI on track for full tourism recovery: CARICOM BUSINESS
The Turks and Caicos Islands has seen a tremendous increase in visitor arrivals during the first quarter of 2022 and is on track to make a "full recovery”.
Anonymous