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Guyana’s Economic Surge | Jamaica News

Guyana’s Economic Surge | Jamaica News

Published 4 days, 6 hours ago
Description

Guyana’s economy is soaring—debt burdens are falling, unemployment plummeted from 14.5% to 6.8%, and growth exploded with a 43.8% jump last year and 19.3% this year, fueled by booming oil revenues and expanding non-oil sectors. While neighbors like The Bahamas and Suriname face rising debt, Guyana stands out as a regional outlier—with the IMF projecting growth to hit nearly 20% in 2027 before settling into sustainable expansion.

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