Guyana’s economy has experienced steady growth in its non-oil sectors, with a 7.5% expansion in the first half of 2025 and a 13.8% growth rate for the non-oil sector as a whole.
The government is focusing on building an inclusive and sustainable model to cushion the impact of oil dependence. The agriculture, fishing, and forestry sector has seen a significant growth of 9%, while the manufacturing sector has recorded a robust growth of 26.8% in the first half of the year.
Despite this rapid expansion, the government is committed to diversifying the economy and avoiding the risks associated with Dutch Disease. The construction sector is expected to grow by 26.2% in 2025, driven by increased investments and government’s expanded Public Sector Investment Programme.
The government aims to ensure that economic growth results in meaningful improvements in the wellbeing of all citizens. With its focus on inclusivity and sustainability, Guyana’s non-oil economy is poised for continued success.
Source: guyanachronicle.com
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