Guyana country profile (2024)

  • Published

Guyana country profile (1)

Sandwiched between Venezuela and Suriname, the former British colony of Guyana is the only English-speaking country in South America.

Since independence from the UK in 1966, Guyana has seen fierce political rivalry between the two main ethnically-based parties.

Most of the country is covered in tropical rainforest and, despite having rich reserves of bauxite, gold and timber, it has traditionally struggled to overcome poverty and attract investment to bolster its economy.

Guyana's economy has been undergoing a transformation since the discovery of crude oil in 2015 and commercial drilling in 2019. A century-old border dispute with Venezuela has revived after this discovery of major offshore oil reserves.

CO-OPERATIVE REPUBLIC OF GUYANA: FACTS

  • Capital: Georgetown

  • Area: 214,970 sq km

  • Population: 810,900

  • Languages: English, Guyanese Creole, plus others

  • Life expectancy: 67 years (men) 73 years (women)

LEADER

President: Irfaan Ali

Image source, Getty Images

The hotly-disputed March 2020 election was eventually resolved in favour of opposition candidate Irfaan Ali, who became the country's first Muslim president in August.

A former housing and tourism minister in People's Progressive Party governments, Mr Ali beat the incumbent president, David Granger of the People's National Congress, after a full recount amid allegations of government vote-rigging.

A coalition led by the People's Progressive Party also won a narrow majority in the simultaneous parliamentary election.

President Ali took over not long after the US oil giant Exxon made one of the world's biggest discoveries of oil in deep waters off Guyana's coast, which could change the country's economic prospects dramatically.

The constitution guarantees free speech, although officials are apt to resort to defamation laws, says Reporters Without Borders.

A bill passed in 2017 was criticised for requiring private broadcasters to carry a daily quota of government-chosen output.

TIMELINE

Image source, Getty Images

Some key dates in Guyana's history:

1300s - Area is first inhabited by semi-nomadic Amerindian tribes, notably Warraus. Christopher Colombus sights Guyana in 1498.

1580 - The Dutch gain a foothold and set up trading posts. From 1620, the Dutch West India Company imports African slaves to work on its sugar plantations.

1780-1813 - Guyana changes hands between the Dutch, French and British.

1814 - Britain occupies Guyana during the Napoleonic Wars and later makes it a the Colony of British Guiana.

1834 - The abolition of slavery leads to indentured workers being brought in from India.

1889 - Venezuela lays claims to two-thirds of Guyana west of the Essequibo river, but international arbitration rules in favour of Guyana in 1899.

1953 - Britain suspends a new constitution and installs an interim administration after the Indo-Guyanese PPP party's success in the first free elections.

1960 - A new constitution provides full internal self-government, but in 1964 a revolt leads to racial strife and violent riots

1966 - Guyana gains independence.

1978 - Jonestown massacre: Mass suicide by more than 900 members of the People's Temple religious sect led by Jim Jones.

2015 - Guyana's multiracial opposition coalition led by David Granger wins the general election, ending 23 years of rule by the Indo-Guyanese PPP party. The PPP returns to power five years later.

2018 - UN Secretary General Antonio Guterres chooses to have the International Court of Justice (ICJ) consider Venezuela's long-running claim that the 1899 ruling on the border between Venezuela and Guyana is invalid.

2019 - Drilling begins at major offshore oil deposits.

2020 - Guyana's President Ali, external and Suriname's President Santokhi confirm the two countries' aim of moving ahead with economic cooperation and development while a commission looks at the New River Triangle area between the two countries, external - a border dispute dating back to the 19th Century.

2023 - The International Court of Justice rejects Venezuela's objections that it is not the right body to rule on the border dispute over the oil-rich western part of Guyana and says it will now rule on the issue.

Venezuelans overwhelmingly back the country's claim to Essequibo in a referendum and approve establishing a new Venezuelan state in the area. Guyana appeals for regional and international support to counter what it calls an attempted "annexation" by Venezuela.

Image source, Getty Images

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Guyana country profile (2024)

FAQs

Is Guyana a rich or poor country? ›

Economy of Guyana
Country groupDeveloping/Emerging High-income economy
Statistics
Population743,700 (Q1, 2024)
GDP$21.178 billion (nominal; 2024) $63.822 billion (PPP; 2024)
GDP rank124th (nominal, 2024) 115th (PPP, 2024)
31 more rows

What is Guyana mostly known for? ›

Since Guyana gained its independence in 1966, the country's chief economic assets have been its natural resources, mainly its pristine rainforests, sugarcane plantations, rice fields, and bauxite and gold reserves.

What kind of country is Guyana? ›

Guyana is a country located in Northern South America and is culturally part of the Anglophone Caribbean. It is bordered by the North Atlantic Ocean between Suriname, Venezuela, and Brazil. The government system is a republic; the chief of state is the president, and the head of government is the prime minister.

What is the ethnic makeup of Guyana? ›

Guyana's population is made up of five main ethnic groups--East Indian, African, Amerindian, Chinese, and Portuguese. Ninety percent of the inhabitants live on the narrow coastal plain, where population density is more than 115 persons per square kilometer (380 per sq.

What is the biggest problem in Guyana? ›

Crime, police violence and corruption, and discrimination against Indigenous and LGBT+ people remain significant problems.

Is Guyana a violent country? ›

Crime. Crime levels are high, and police capacity is low. There are frequent armed robberies, hold-ups, carjackings and other violent crimes, often involving 2 or more attackers. Passers-by can get caught up in gunfire even if they are not targets because police are armed and shoot back.

What language do Guyanese speak? ›

English is the official language of Guyana, which is the only South American country with English as the official language. Guyanese Creole or Creolese (an English-based creole with African, Indian, and Amerindian syntax) is widely spoken.

Are Guyanese people Latino? ›

Are Guyanese people considered Hispanic? Guyanese people are not considered Hispanic because they do not speak Spanish. Because of this, Guyana is usually considered part of South America but not Latin America.

Why is Guyana not considered Caribbean? ›

In fact, Suriname, French Guiana and Guyana are not directly bordered by the Caribbean Sea. Moreover, like Belize, which is also commonly included in the Caribbean island group, Suriname is not an island in the strict sense of the word, i.e. land surrounded by water, based on the restricted definition of the term.

Is Guyana a peaceful country? ›

Country Summary: Violent crime, including murder and armed robbery, is common, especially at night. Local police often lack the resources to respond effectively to serious criminal incidents.

What is the most popular food in Guyana? ›

Top 10 typical foods of Guyana
  • Roti. This dish is originally from India, similar to a round and flat tortilla, it is prepared with corn flour and can it be accompanied with vegetables or meat. ...
  • Fish cake. ...
  • Fricasé ...
  • Catalina. ...
  • Chicken foot. ...
  • Creamed shrimps. ...
  • Creole pea soup. ...
  • Chicken breasts with vinegar sauce.
Apr 22, 2021

Who controls Guyana? ›

Guyana is a parliamentary republic in which the President of Guyana is both head of state and head of government. Executive power is exercised by the President, advised by a cabinet. Legislative power is vested in both the President and the National Assembly of Guyana.

What do Guyanese look like? ›

Guyanese people can be of any race, just like most countries in the world and every single country in the Americas. The main ethnic/racial groups in Guyana are Indian/South Asian, Black, mixed and Native/Amerindian. There are also people of European, Chinese, Middle Eastern and other backgrounds.

Is Guyana a third world country? ›

While it is currently the third poorest country in the western hemisphere, Guyana's economy grew by 19.9 percent in 2021. Guyana's economy is projected to grow by 47.9 percent in 2022 according to the Ministry of Finance, making it one of the fastest growing economies in the world.

Why do people from Guyana look Indian? ›

The Indo-Guyanese (Guyanese of South Asian descent) form the largest ethnic group in the country, representing about two-fifths of the population. Their ancestors arrived mostly as indentured labour from India to replace Africans in plantation work.

Why is Guyana getting so rich? ›

The 2015 oil discovery made Guyana the world's fastest-growing economy, recording the world's highest real GDP growth rate in 2022 and 2023. The story is different across Guyana's border. Venezuela has the world's largest oil reserves, but that hasn't stopped its economy from collapsing since Maduro took power in 2013.

Is Guyana the poorest country in the Caribbean? ›

Based on GDP per capita (purchasing power parity), Guyana remains one of the poorest countries in the Western Hemisphere, currently ranking fifth, above only Haiti, Honduras, Nicaragua, and Bolivia. This makes Guyana the second poorest country in both South America and the Caribbean.

Is Guyana richer than Jamaica? ›

Guyana's 2022 gross domestic product (GDP) of US$15 billion was just half of Trinidad & Tobago's and 12 per cent less than Jamaica's.

Is Guyana cheap or expensive? ›

Guyana is not an expensive place to visit for food or accommodation. A three-star hotel in Georgetown is around USD$180 a night, and a meal for two in a mid-range restaurant is around USD$50. You can expect to pay from USD$100 to US$200 for one night in a lodge in the interior.

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