Guyana
In-depth country-focused analysis on Guyana's economic, political and operational risk environment, complemented by detailed sector insight

Our comprehensive assessment of Guyana's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Guyana, as well as the latest industry developments that could impact Guyana's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Guyana before your competitors.

Country Risk

Guyana Country Risk

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Core Views:

  • We believe that most of the English-speaking Caribbean will continue to see a modest economic recovery in the coming quarters as the US growth story begins to gain ground. That said, even with a modest acceleration in growth, those countries most reliant on tourism and financial services will continue to struggle, as we expect these industries are unlikely to return to pre-crisis levels in the foreseeable future. Indeed, while we expect that lower precious metals prices will prompt a weakening macroeconomic outlook for the region's miners, growth will still be stronger than in the predominantly tourism-driven countries.

  • Caribbean economies will continue to face economic headwinds in the coming years in light of rising debt burdens, fixed exchange rate regimes, and modest growth prospects. These factors, combined with our view that neither the tourism nor...

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Guyana Industry Coverage (1)

Tourism

Guyana Tourism

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BMI View: The Caribbean region is returning to sustained growth, with all countries expecting tourist arrivals to increase in 2015 and 2016. However, growth is expected to remain below pre-2007 levels, with regional arrivals now increasing at an average of about 3% annually. Nonetheless, we expect that improving growth prospects will encourage greater investment in the region, particularly in the hotel sector.

Our tourism report for the Caribbean considers the impact of ongoing global economic uncertainty on the Caribbean tourism industry and how the region's fiscal issues are affecting tourism arrivals. Following the decline of the financial services industry after the economic downturn hit in 2007, tourism has increased in...

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