South American country boasts world’s fastest-growing economy ...News

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South American country boasts world’s fastest-growing economy
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Guyana’s GDP is expected to surge about 115% in the next five years Guyana’s economy is on track to more than double by 2028, on the back of high profits from oil production and the export sector, CNBC reported this week, citing expert analysis. Sandwiched between Venezuela and Suriname, the former British colony with a population of about 800,000 people is projected to grow at an “extremely fast” pace, rising 38% by the end of this year, according to recent forecasts by the International Monetary Fund (IMF). Guyana recorded the highest GDP growth in the world last year, at 62.3%, the IMF statistics showed. Fitch

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