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Country Facts - Guyana

The People

Ethnic Composition
East Indian  50%
Black  36%
Mixed  12%
Amerindian  7%
Other  1%

Religious Composition
Christian  50%
Hindu  35%
Muslim  10%
Other  5%
 

Languages Spoken

English, Amerindian dialects, Creole, Hindi, Urdu

Education and Literacy

98.1 percent of the population over the age of 15 can read. By gender, 98.6 percent of the male population, and 97.5 percent of the female population are literate.

Labor Force

Total: 418,000 (2001)
By occupation:
Agriculture, hunting, and forestry 30.2%
Commerce 16.0%
Manufacturing 11.0%

Geography

Land Mass Total

83,000 sq mi (214,970 sq km)

Land

76,004 sq mi (196,850 sq km)

Water

6,996 sq mi (18,120 sq km)

Land Boundaries

Total: 1,529 mi (2,462 km)

Border countries:
Brazil 695 mi (1,119 km), Suriname 372 mi (600 km), Venezuela 461 mi (743 km)

Coastline

459 km

Maritime claim

Continental shelf: 200 nm or to the outer edge of the continental margin
Exclusive fishing zone: 200 nm
Territorial sea: 12 nm

Climate/Weather

Tropical; hot, humid, moderated by northeast trade winds; two rainy seasons (May to mid-August, mid-November to mid-January).

Terrain

Mostly rolling highlands; low coastal plain; savanna in south.

Elevation extremes

Lowest: Atlantic Ocean 0 m
Highest: Mount Roraima 2,835 m

Natural Resources

Bauxite, gold, diamonds, hardwood timber, shrimp, fish.

Land use

Arable land 2%
Permanent crops 0%
Permanent pastures 6%
Forests and woodland 84%
Other 8%
(1993)

Natural hazards

Flash floods are a constant threat during rainy seasons.

Environment - current issues

Water pollution from sewage and agricultural and industrial chemicals; deforestation.

Demographics

Population

697,286
Note: Estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2000).

Age structure

0-14 years: 29% male 102,463 female 98,492
15-64 years: 66% male 232,857 female 229,598
65 years and over: 5% male 15,170 female 18,706

Growth Rate

-0.1% (2000)

Life Expectancy

64.04 years

Male:
61.08 years
Female: 67.15 years

GDP Per Capita

US$2,500 (1999)

Infant Mortality

39.07 deaths/1,000 live births (2000)

Sex ratio

At birth: 1.05 male(s)/female
Under 15 years: 1.04 male(s)/female
15-64 years: 1.01 male(s)/female
65 years and over: 0.81 male(s)/female
Total population: 1.01 male(s)/female

Net migration rate

-10.48 migrant(s)/1,000 population (2000)

Economy & Trade


The improvement of the Guyanese economy will take a major effort, although any advance in one of the world's poorest nations would produce statistically remarkable results. Guyana lacks virtually any form of industrialization and it makes the overwhelming bulk of its revenue from the export of gold, bauxite, and unrefined sugar. But this is not to say that Guyana's government is not trying or that the economy has not registered some successes. The economy showed respectable growth (4-5 percent) from 1991-1997, albeit from a rather low starting point. Inflation remains under control (relative to the rest of South America) and IMF involvement remains positive. Private foreign investment has been lean, however, due mostly to Guyana's creaking infrastructure. Consequently, what little privatization exists has had few takers and external debt grows daily as the government tries to prop up the gains it has made. At the turn of the millennium, Guyana had negative GDP growth (-1.3 percent) but was back on a positive track in 2001 at 1.4 percent, and at 1.8 percent for 2002. Positive growth is predicted through 2004 at above 3 percent..

Unemployment

12% (1992)

Inflation Rate

5.5% (1999)

Industries

Bauxite, sugar, rice milling, timber, fishing (shrimp), textiles, gold mining.

Exports

US$574 million (f.o.b., 1999)

Imports

US$620 million (c.i.f., 1999)

Total Trade

US$1.19 billion (1999)

Top Export Partners

Canada 25.9%, U.S. 20.4%, U.K. 22.7%, Netherlands Antilles 8.4%, Germany 4.3%.

Top Import Partners

U.S. 27.6%, Trinidad and Tobago 17.7%, Netherlands Antilles 12.1%, U.K. 10.7%, Japan 4.2%.

Top Exports

Sugar, gold, bauxite/alumina, rice, shrimp, molasses.

Top Imports

Manufactures, machinery, petroleum, food.

Debt - external

US$1.4 billion (1998)

Economic aid

US$84 million (1995), Heavily Indebted Poor Country Initiative (HIPC) $253 million (1997)

Fiscal Year:

Calendar year

Business Workweek

  Monday - Friday Saturday - Sunday
Offices 8a.m. to 4:30p.m., Fridays 8a.m. to 3:30p.m. Closed
Retail Monday to Thursday 8:30a.m. to 4p.m., and until 5p.m. on Fridays.
Market Hours: 8a.m. to 4p.m.; Wednesdays 9a.m. to noon
Saturdays 8:30 to noon
Market Hours: Sunday 8a.m. to 10a.m.
Banks 8a.m. to 12:30p.m.and 3:30p.m. to 5p.m. Closed
Government Monday to Thursday, 8a.m. to 12:30p.m.
Friday 8a.m. to noon then 3p.m. to 5p.m.
Closed

Holidays

Official Holidays

Holidays 2003 2004 2005
New Year's Day January 1 January 1 January 1
Republic Day (Mashramani) February 23 February 23 February 23
Festival of Sacrifice (Eid Al Adha)¹ February 12 February 2 January 21
Islamic New Year² March 5 February 22 February 10
Easter³ April 20 April 11 March 27
Holi, Festival of Colors, and Phagwah*¹ March 18 March 18 March 18
Labor Day May 1 May 1 May 1
Indian Heritage Day May 5 May 5 May 5
Birthday of Prophet Mohammad (Mawlid an Nabi)*² May 14 May 2 April 21
Independence Day May 26 May 26 May 26
Caricom Day*³ July 7 July 5 July 4
Freedom Day**¹ August 4 August 2 August 5
Diwali, Festival of Light**² October 25 November November
Start of Ramadan)**³ October 27 October 15 October 4
End of Ramadan (Eid Al Fitr)* November 26 November 14 November 3
Christmas Day** December 25 December 25 December 25
Boxing Day December 26 December 26 December 26

¹ Culmination of the Haj or Holy Pilgrimage.
² The lunar Islamic Hijara calendar is made up of 12 months, each month alternating between 29 and 30 days per month, culminating in a total of 354 days per year.  The Hijra calendar is based on the cycles of the moon and annually moves 11 days backward through the seasons. 
³  Easter, a Christian holiday celebrating the resurrection of Jesus Christ, is the first Sunday after the full moon and the vernal equinox (fixed in the Gregorian calendar at March 21), and often observed with Good Friday and Easter Monday.  In the West, Easter is predicted using the Gregorian calendar, while Eastern Orthodox Christians use the much older Julian calendar, and celebrate 13 days later.
Holi, Festival of Colors Hindu spring festival dedicated to the god of pleasure.  Based on the Indian Lunar Calendar, the fesitval is celebrated with lots of color, and happy spirits. Phagwah, a joyous Hindu festival celebrating the triumph of good over evil, is also celebrated at this time, and crowds squirt each other with watercolors representing, love, peace, and brotherhood.
The Birthday of the Prophet Mohammad is celebrated on the twelfth day in the month of Rabi'l of the Islamic calendar.
Regional holiday.  Caricom Day is marked by official gatherings and political messages from within the Caribbean Community (CARICOM).   First Monday in July.
**¹ First Monday in August.
**² Brought to Guyana by indentured servants from India, in 1853, Diwali is the celebration of light versus dark.  It is the celebration of the rescue of Lakshmi, Goddess of Light, from the dark demon, King Bali; and it is the celebration of the return of Lord Rama from exile.  Diwali, (Divali, or Deepavali), is celebrated on the darkest night of the month of Kartic in the Hindu calendar with lights, lamps. and fireworks, falling somewhere in October or November.
**³ Ramadan (the month of fasting) begins with the first appearance of the new moon in the ninth month of the lunar Islamic Hijra calendar, and lasts 30 days.  Dates for the start of Ramadan will vary from country to country, depending on the first appearance of the moon.
* Feasting that officially marks the end of Ramadan, and commonly lasts for 3 days.
** Christmas celebrates the birth of Jesus Christ. In A.D.320, Pope Julius I fixed the date at December 25 based on the Gregorian calendar. The Orthodox church calculates Christmas using the Julian calendar and celebrates 13 days later on January 7.

Country information used by permission of World Trade Press