Attribute | Value |
---|---|
Geography | |
Area | 214,969 km² |
Continent | South America |
Land area | 196,849 km² |
Water area | 18,120 km² |
Land boundaries | 2,933 km |
Border countries |
|
Coastline | 459 km |
Mean elevation | 207 m |
Lowest point | 0 m |
Highest point | 2,775 m |
People | |
Population | 750,204 |
Official languages |
|
Religion | Protestant |
Government | |
Long country name | Cooperative Republic of Guyana |
Short country name | Guyana |
Long local name | Add |
Short local name | Add |
Former name |
|
Government type | Parliamentary republic |
Capital | Georgetown |
Economy | |
GDP (PPP) | 6,301,000,000 USD |
GDP (OER) | 3,561,000,000 USD |
GDP (real growth rate) | 2.1 % |
GDP - per capita (PPP) | 8,100 USD |
Gross national saving | 10.5 % of GDP |
Labor force | 313,800 |
Unemployment rate | 11.1 % |
Population below poverty line | 35 % |
Budget revenues | 1,002,000,000 USD |
Budget expenditures | 1,164,000,000 USD |
Military expenditures | 1.69 % of GDP |
Taxes and other revenues | 28.1 % of GDP |
Budget surplus or deficit | -4.5 % of GDP |
Public debt | 52.2 % of GDP |
Inflation rate | 2 % |
Central bank discount rate | 5.5 % |
Commercial bank prime lending rate | 13 % |
Stock of narrow money | 758,400,000 USD |
Stock of broad money | 758,400,000 USD |
Stock of domestic credit | 1,903,000,000 USD |
Market value of publicly traded shares | 610,900,000 USD |
Current account balance | -237,000,000 USD |
Exports | 1,439,000,000 USD |
Imports | 1,626,000,000 USD |
Reserves of foreign exchange and gold | 565,400,000 USD |
External debt | 1,690,000,000 USD |
National currency | Guyanese dollars |
National currency (code) | GYD |
National currency (symbol) | $ |
National currency rate to USD | 207 |
Originally a Dutch colony in the 17th century, by 1815 Guyana had become a British possession. The abolition of slavery led to settlement of urban areas by former slaves and the importation of indentured servants from India to work the sugar plantations. The resulting ethnocultural divide has persisted and has led to turbulent politics. Guyana achieved independence from the UK in 1966, and since then it has been ruled mostly by socialist-oriented governments. In 1992, Cheddi JAGAN was elected president in what is considered the country's first free and fair election since independence. After his death five years later, his wife, Janet JAGAN, became president but resigned in 1999 due to poor health. Her successor, Bharrat JAGDEO, was elected in 2001 and again in 2006. Early elections held in May 2015 resulted in the first change in governing party and the replacement of President Donald RAMOTAR by current President David GRANGER. After a December 2018 no-confidence vote against the GRANGER government, national elections will be held before the scheduled spring 2020 date.