Guyana
Guyana, a country situated in the northern coast of South America.Primarily Guyanese economy was dependent on agriculture and mining industries. Its economy forecasted by IMF to increase 26.6% in 2024.
Metric | Value |
---|---|
Population | 813,834 |
Real GDP Growth (Projected) | 26.6% |
GDP per Capita (Projected) | $25,513 |
Government initiative: Guyanese government had came up with the following objective to achieve the projected GDP.
- Improving agricultural production and creating rural employment to meet food requirement
- Roll-out Free university education
- Providing training and capacity building to create well trained human resources for oil and gas and other sectors.
Top 10 Fastest Growing Economies in the World
The top 10 fastest-growing Economies in the World are Macao SAR, Guyana, Palau, Niger, Senegal, Libya, Rwanda, Côte d’Ivoire, Burkina Faso, and Benin as per IMF projection for 2024. Every country on the globe faced a massive setback in their economic growth during the pandemic. This led to a massive fall in the global economy. Consequently, it became tough for the countries to regain their growth rate of the pre-pandemic period.