Episode Details

Guyana’s economy is on a strong upward trajectory, with steady growth, falling unemployment at 6.2%, and inflation cooling to 3.3% in 2025 before rising slightly due to global energy and food prices. The IMF praises the government for smart fiscal management, shrinking the fiscal deficit to 5.5% of GDP, and boosting credit flow to fuel spending and investment. Oil revenues have stepped in to offset lower non-oil income, strengthening international reserves. Major infrastructure investments in roads, schools, and hospitals are diversifying the economy beyond oil, while tight monetary policy has kept prices and currency value stable. The IMF notes cautious optimism, urging continued monitoring of wage growth to avoid eroding currency value — a solid foundation, but vigilance remains key.

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