Senior Minister within the Office of the President with responsibility for Finance, Dr. Ashni Singh disclosed today during the reading of Budget 2022 that Guyana’s real Gross Domestic Product for 2021 was recorded to be 19.9 % while the non-oil economy grew to a creditable 4.6 percent.
Dr. Singh said the later was achieved despite the effects of the unprecedented floods and the COVID-19 pandemic.
With this overall rate of growth, the Finance Minister said Guyana is likely to be among the three fastest growing economies in the world for 2021.
A more detailed breakdown of the sectoral performance for 2021 will be provided in a subsequent report.
