ey KARRAN
chancery: 2490 Tracy Place NW, Washington, DC 20008
consulate(s) general: New York
FAX: [1] (202) 232-1297
telephone: [1] (202) 265-6900
Diplomatic representation from the US:
chief of mission: Ambassador Roland BULLEN
embassy: 100 Young and Duke Streets, Kingston, Georgetown
mailing address: P. O. Box 10507, Georgetown
telephone: [592] 225-4900 through 4909
FAX: [592] 225-8497
Flag description:
green, with a red isosceles triangle (based on the hoist side)
superimposed on a long, yellow arrowhead; there is a narrow, black
border between the red and yellow, and a narrow, white border
between the yellow and the green
Economy Guyana
Economy - overview:
The Guyanese economy exhibited moderate economic growth in 2001-02,
based on expansion in the agricultural and mining sectors, a more
favorable atmosphere for business initiatives, a more realistic
exchange rate, fairly low inflation, and the continued support of
international organizations. Growth then slowed in 2003. Chronic
problems include a shortage of skilled labor and a deficient
infrastructure. The government is juggling a sizable external debt
against the urgent need for expanded public investment. The bauxite
mining sector should benefit in the near term by restructuring and
partial privatization.
GDP:
purchasing power parity - $2.797 billion (2003 est.)
GDP - real growth rate:
0.5% (2003 est.)
GDP - per capita:
purchasing power parity - $4,000 (2003 est.)
GDP - composition by sector:
agriculture: 37.2%
industry: 22.7%
services: 40.1% (2003 est.)
Investment (gross fixed):
38.5% of GDP (2003)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
5.7% (2003 est.)
Labor force:
418,000 (2001 est.)
Labor force - by occupation:
agriculture NA, industry NA, services NA
Unemployment rate:
9.1% (understated) (2000)
Budget:
revenues: $263.4 million
expenditures: $326.7 million, including capital expenditures of
$93.4 million (2003)
Agriculture - products:
sugar, rice, wheat, vegetable oils; beef, pork, poultry, dairy
products; fish (shrimp)
Industries:
bauxite, sugar, rice milling, timber, textiles, gold mining
Industrial production growth rate:
7.1% (1997 est.)
Electricity - production:
852 million kWh (2001)
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