Guyana, with a population of approximately 800,000 (2023), is a rapidly emerging economy in South America, characterized by its rich natural resources and diverse cultural heritage. The country’s economic landscape is primarily driven by agriculture, mining, and the burgeoning oil and gas sector. Recent discoveries of significant offshore oil reserves have positioned Guyana as a potential oil powerhouse, attracting substantial foreign investment and promising transformative growth. The agricultural sector, with products like rice, sugar, and fruits, remains crucial for exports. With a GDP of around $20 billion and a per capita income of approximately $25,000 (2023), Guyana is experiencing unprecedented economic expansion.
Guyana’s government and business sectors can engage with the World Business Council to foster sustainable development, promote innovation in the energy sector, and strengthen international partnerships for economic diversification and growth.