Guyana records rapid, sustained GDP growth since 2020 – World Bank
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October 7, 2026
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…says oil boom sets country apart as Caribbean growth gap widens
Guyana’s oil-driven economic expansion continues to set it apart from other Caribbean economies, with the country recording exceptionally rapid and sustained gross domestic product (GDP) growth since 2020 as offshore oil production scales up, according to the World Bank’s latest Latin America and the Caribbean (LAC) Economic Update.
The report, released on Tuesday, said Guyana’s expansion has been accompanied by rising fiscal revenues, improved external balances and a declining public debt-to-GDP ratio.
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