Guyana's economy expanded 19.3% in 2025, despite cooling oil sector growth

Guyana's economy grew by 19.3% in 2025, marking six consecutive years of double-digit growth, despite a slowdown in oil sector expansion. The oil sector grew by 21%, down from 57.7% the previous year, while the non-oil sector saw a 14.3% increase, driven by agriculture, mining, construction, and services. Crude output reached 261.1 million barrels, with 260 cargoes exported. The government plans to use oil revenues for infrastructure projects, including building 40,000 homes and expanding road networks, as oil remains a key growth driver.