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HomeNewsGUYANA KEY CONTRIBUTOR TO REGIONAL GROWTH - CDB DIRECTOR OF ECONOMICS

GUYANA KEY CONTRIBUTOR TO REGIONAL GROWTH – CDB DIRECTOR OF ECONOMICS

According to regional economic data, Guyana’s booming economy has played a pivotal role in driving economic growth across the Caribbean, with the region recording a notable 8.8% increase in GDP for 2024.

Antonio Dey reports that Guyana’s rapid expansion—fueled by its oil and gas sector, infrastructure development, and local content policies—has a ripple effect, boosting trade, investment, and employment across neighboring territories.

Economists say Guyana is becoming an economic engine for the region, with its growth contributing to regional resilience and prosperity.

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