Guyana Country Statistics

CLIMATE Guyana is a tropical country. It is hot, humid and moderated by Northeast Trade Winds. The mean temperature is 27.5 degrees Celsius.
TEMPERATURE The coastland ranges from twenty (20) degrees Celsius to thirty-four (34) degrees Celsius.
POPULATION The country's population averages approximately about seven hundred and fify thousand (750,000)
CAPITALS Georgetown
CURRENCY The official currency of the country is the Guyana Dollar.
TEL/FAX CODE 592 & seven digits
ACCESS Main airport- the Cheddi Jagan International.

Georgetown (commonly referred to as the "Garden City"), is unique in that it consists of several shady avenues and walkways. There are dozens of tall trees which outline the streets and parapets creating a "garden" effect.

In addition, there are two Gardens within Georgetown: The Botanic Gardens, which consists of a variety of plant species and animals which can be found throughout the country and the Promenade Gardens, which is known for its beautiful array of flowers and plants of varying descriptions. Overlooking the Promenade Gardens is the Head Office of the Republic Bank (Guyana) Ltd.

Given the fact that Georgetown lies about eight (8) feet below sea level, there is a wall approximately four feet high which runs along the northern boundary of the town. This unique structure was built by the Dutch over a century ago to keep the Atlantic Ocean from eroding the land.

In the heart of Georgetown you can also find one of the world's tallest wooden buildings - The St George's Cathedral which was officially opened in 1893.

Georgetown also has a very active night- life with numerous clubs around the City.

Guyana, known as "land of many waters", is located on the Northern Coast of South America and is geographically linked to the Great Amazon River Basin.

As a result, three quarters of its eighty-three thousand (83000) square miles is covered with dense tropical rain forest, most of which is located along the upper Mazaruni region, which forms part of the highland regions of the country.

Within this region can be found the majestic Kaiteur Falls, which is the world's tallest single drop waterfall. Viewers have expressed disbelief at the remarkable sight. Its estimated height is seven hundred and forty-one feet.

Guyana's neighbouring countries are Brazil, Venezuela and Suriname.

As the "land of many waters", Guyana differs from the major English speaking countries of the Caribbean, as it is physically located on the South American continent. Its 83,000 square miles, hold a vast array of resources that support a population of an estimated 735,000. Agriculture forms an important sector of the economy, with rice and sugar cane cultivation contributing tremendously towards the local economy. Mining of bauxite, gold and timber are also vital sectors of the economy and have seen increased investment in recent years due to rising commodity prices.

Guyana is also emerging as a major eco-tourism destination, with vast forest, tropical savannahs and record high waterfalls. This has attracted nature enthusiasts from around the world. To protect this resource and foster economic activity, Guyana entered into a carbon credit scheme with Norway, with the country receiving millions of dollars, to offset Norway’s carbon use. In return, Guyana has to guarantee the preservation of its forest in the immediate future, preventing illegal deforestation and mining activity.

Recently, onshore oil and gas exploration has added a new dimension to the country’s growing economic fortunes, as it has opened new investment opportunities. Growing economic activity in the past few years has made the country one of the fastest growing economies of the English speaking Caribbean.

Guyana experienced its ninth year of consecutive GDP expansion in 2014, growing by an estimated 4.5 percent, the longest period of uninterrupted expansion since independence. This was led by growth in agriculture, mining and manufacturing. Debt levels continue to improve with external public debt decreasing by 8.3 percent in 2013 and 1.6 percent for the first half of 2014 to stand at US$1.23 billion.

Rice production grew by 18.6 percent during the first half of 2014, dwarfing the record high output levels achieved during the same period in 2013. Rice production continues to benefit from earlier investments in drainage and irrigation, cheaper fertilizer from Venezuela, more disease resistant seeds together with increased acreage. A lucrative contract with Venezuela under its PetroCaribe oil-financing initiative continues to drive the industry's strong growth. After a prolonged period of sub-par performances, the sugar industry expanded by 66.5 percent between January and June 2014. Increasing agricultural production has also resulted in moderating inflationary pressures, with the rate of inflation estimated to reach 2.6 percent in 2014, slightly higher than the 2.2 recorded a year earlier.

For the 2014/2015 fiscal year, government is projecting a deficit equal to 4.9 percent of GDP based on increased expenditure. Capital expenditure is expected to increase by 62 percent, as the government continues to devote significant resources to infrastructural projects. Government expects its revenue to increase by 23 percent.

Guyana is expected to experience upbeat economic activity in 2015, based on the strong performance of the agriculture sector, in particular rice. Growth is anticipated in the manufacturing and services sub-sectors, particularly tourism. The the soon to be opened Marriott Hotel will give Guyana’s premium hotel stock a much needed boost. Overall, economic activity is expected to expand by 3.8 percent in 2015.

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