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Guyana

Welcome to the price transmission page for Guyana. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Guyana

Historic Warnings per Commodity

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Background information

Agriculture and extractive industries make up the two pillars of the Guyanese economy. The two sectors combined account heavily for exports - in particular for the production of sugar, shrimp, timber, rice, gold and bauxite – but are also vulnerable to harsh weather changes and fluctuations in international commodity prices. In the past years, Guyana experienced moderate growth rates.

The agricultural sector is relatively developed, utilizing 8.4% of the total land and contributing to almost one-quarter of the total GDP. Thanks to its production surplus Guyana is a net exporter of cereals, amounting to a share equivalent to one-quarter of the total domestic demand.

According to the HDI (2014) Guyana exhibits a middle level of human development with a score of 0.636. The Global Hunger Index (2015) assessed malnutrition severity as moderate taking into account that one child out of five is stunted. Poverty is also a main point of concern for the country given that more than one-third of the population is living in poverty.