Guyana eyes 10 years of double-digit GDP growth, anchored by rising Stabroek production

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 9.May.2025, Words: 330) — Guyana’s economy grew at an average rate of 40.9% between 2020-2024, which marked the onset of the small South American country’s entrance into the Latin America and Caribbean (LAC) region’s crude oil producing and exporting club.

This, after Guyana reported average gross domestic product (GDP) growth between 2007-2016 of just 3.7%.