1945

The Guyanese economy continued to show strong growth due to buoyant commodity prices and robust domestic demand. Growth in 2010 was estimated at 3.6%, up from 3.3% in 2009. This performance was observed despite a 5.5% contraction in the sugar industry, which is a mainstay of the domestic economy and a key contributor to foreign-exchange earnings in Guyana. The non-sugar economy grew by 4.3%. In 2011 GDP growth of 4.0% is forecast owing to the continuing difficulties in the sugar industry.

Related Subject(s): Economic and Social Development
Countries: Guyana
/content/books/9789210550116s007-c005
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