FANDOM


Country summary

Capital

Georgetown

Borders

Brazil 1,606 km, Suriname 600 km, Venezuela 743 km

Government type

republic

Population

752,940[1]

Population growth

-0.634% (2010 est.)[1]

Life expectancy

66.31 years[1]

Unemployment

11% (2007)[1]

Index of Economic Freedom

153[2]

Corruption Perceptions Index

126[3]

Doing Business ranking

101[4]


Originally a Dutch colony in the 17th century, by 1815 Guyana had become a British possession. The abolition of slavery led to black settlement of urban areas and the importation of indentured servants from India to work the sugar plantations. This 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 reelected in 2001 and again in 2006.[1]

Economical characteristicsEdit

  • Currency: Guyanese dollar (ISO code: GYD)
  • Central bank discount rate: 6.75% (31 December 2008)[1]
  • Commercial banks lending rate: 14.58% (31 December 2008)[1]
  • Stock of money (M1): $344.2 million (31 December 2008)[1]
  • Quasi money (with M1 makes M2): $817.6 million (31 December 2008)[1]


StatisticsEdit

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 695 713 696 722 742 786 825 915 1 074 1 155
Govt. debt (% of GDP)[6]
Govt. revenue (% of GDP)[7]
Govt. expenses (% of GDP)[8]
Debt to revenue (years)

ReferencesEdit

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Facebook. "Guyana", from The World Facebook. Referenced 2010-09-28.
  2. Heritage Foundation. "Guyana", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-28.
  3. Transparency International. "Guyana", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-28.
  4. Doing Business. "Guyana", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-28.
  5. World Bank. "Guyana: GDP", from World Bank Data. Referenced 2010-09-28.
  6. World Bank. "Guyana: government debt", from World Bank Data. Referenced 2010-09-28.
  7. World Bank. "Guyana: government revenue", from World Bank Data. Referenced 2010-09-28.
  8. World Bank. "Guyana: government expenses", from World Bank Data. Referenced 2010-09-28.

External linksEdit

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.