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8.11

Guyana

Selected Economic and Social Data

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

Population ('000)

753

741

740

733

723

712

735

746

760

770

775

Growth Rate (%)

-0.4

-1.6

-0.1

-0.9

-1.4

-1.5

3.2

1.5

1.9

1.3

0.6

National Accounts

GDP,current factor cost (G$m)

2,918

3,600

9,074

13,815

33,622

40,391

49,532

63,145

73,927

82,258

88,926

Real GDP (1988 G$m)

3,817

3,600

3,422

3,318

3,519

3,792

4,104

4,452

4,677

5,048

5,360

Real GDP Growth Rate (%)

-0.5

-5.7

-4.9

-3.0

6.1

7.8

8.2

8.5

5.1

7.9

6.2

Real Per Capita GDP (1988 G)

5,069

4,858

4,624

4,527

4,867

5,326

5,584

5,968

6,154

6,556

6,916

Real Per Cap. GDP Growth Rate (%)

-0.1

-4.2

-4.8

-2.1

7.5

9.4

4.8

6.9

3.1

6.5

5.5

Gross Domestic Investment/GDP (%) [a]

38.5

24.7

39.0

47.9

40.9

62.2

62.1

54.4

54.2

52.8

53.0

Gross National Savings/GDP (%) [a]

1.9

0.6

5.1

6.2

0.0

16.8

26.7

32.3

35.6

42.4

33.6

Foreign Savings/GDP (%) [a]

36.6

24.1

33.9

41.7

40.9

45.4

35.4

22.1

18.6

10.4

19.4

Prices

GDP Price Deflator (1988=100)

76.4

100.0

265.2

416.4

955.4

1,065.2

1,206.9

1,418.4

1,580.6

1,629.5

1,659.1

Annual Change (%)

60.8

30.9

165.2

57.0

129.4

11.5

13.3

17.5

11.4

3.1

1.8

Consumer Prices (1979=100)

386.9

542.4

1,043.9

2,184.7

4,143.0

5,231.2

5,721.0

6,428.7

7,213.7

7,725.5

8,000.2

Annual Change (%)

28.5

40.2

92.5

109.3

89.6

26.3

9.4

12.4

12.2

7.1

3.6

Balance of Payments (US$m)

Current Account

(109)

(87)

(113)

(148)

(123)

(150)

(142)

(107)

(107)

(67)

(121)

Exports, fob

241

215

205

204

239

382

414

463

496

575

594

Imports, cif

262

216

212

250

244

443

484

504

537

595

642

Trade Balance

(21)

(1)

(7)

(46)

(5)

(61)

(70)

(41)

(41)

(20)

(48)

Services, net

(109)

(105)

(127)

(130)

(138)

(116)

(97)

(92)

(93)

(75)

(97)

Private Transfers, net [b]

21

19

21

28

20

27

25

26

27

28

24

Capital Account

(28)

(3)

(68)

(46)

56

111

92

47

36

74

89

Official Transfers [b]

0

0

0

0

0

3

4

6

12

14

16

Public Sector, net

(29)

(7)

(61)

(52)

8

(11)

8

(20)

(27)

6

38

Private Sector, net

5

3

(8)

5

40

135

70

47

53

59

52

Other, Incl. Errors and Omissions

(4)

1

1

1

8

(16)

10

14

(2)

(5)

(17)

Overall Balance

(137)

(90)

(181)

194

(67)

(39)

(50)

(60)

(71)

7

(32)

External Public Debt

Debt Outstanding 12/31 (US$m) [c]

1,117

1,234

1,392

1,820

1,855

1,967

1,954

2,000

2,058

1,537

1,514

Debt Service/Exports (%) [d]

..

110.0

143.0

122.1

67.8

40.6

32.6

36.3

33.9

28.5

21.0

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