The composition of Guyana's GDP in 2023 highlights the significance of the Mining, Manufacturing, and Utilities sector, commanding 31.68% of the economy, followed by Services at 22.89%. Agriculture, hunting, forestry, and fishing contribute 14.58%, with Wholesale, Retail Trade, Restaurants, and Hotels at 11.11%. The Transport, Storage, and Communication sector closely follows at 11.1%, and Construction at 8.64%. Year-on-year changes indicate modest growth in Services and a steady level in Agriculture, while Mining and Manufacturing have shown a more stable trend with minimal volatility.
Future trends in Guyana’s GDP composition could highlight a potential increase in services and technology-driven sectors, given global shifts toward sustainable practices and digitalization. Investments in infrastructure and diversification beyond natural resources might influence sector dynamics significantly.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Mining, Manufacturing, Utilities | 31.68 | 2016 | |
| 2 | 2 Services | 22.89 | 2016 | |
| 3 | 3 Agriculture, hunting, forestry, fishing | 14.58 | 2016 | |
| 4 | 4 Wholesale, retail trade, restaurants and hotels | 11.11 | 2016 | |
| 5 | 5 Transport, storage and communication | 11.1 | 2016 | |
| 6 | 6 Construction | 8.64 | 2016 |