GEORGETOWN, Guyana — Guyana’s economic transformation continues to accelerate as new government data reveals a remarkable 13.8% expansion in the non-oil sector during the first half of 2025. This exceptional performance, described by officials as unprecedented by global standards, demonstrates the South American nation’s successful economic diversification strategy.
Tourism, Industry and Commerce Minister Susan Rodrigues characterized the growth figures as extraordinary, emphasizing that such expansion percentages represent world-class economic performance. The broader economy maintained its robust trajectory with 7.5% overall growth, marking the fifth consecutive year of sustained economic expansion across multiple sectors.
The non-oil growth was driven by significant advancements across diverse industries including agriculture, tourism, trade and infrastructure development. Minister Rodrigues highlighted the government’s commitment to building an “extremely diversified” economic foundation that reduces dependency on single industries while creating multiple growth engines.
The administration’s development strategy focuses on ensuring that economic prosperity reaches all citizens regardless of geographical location, background, ethnicity, religion or political affiliation. This inclusive growth model will be implemented through various governmental agencies including the Small Business Bureau, Guyana National Bureau of Standards, Guyana Tourism Authority and the Competition Consumer Affairs Commission.
Rodrigues emphasized that the current expansion represents just the initial phase of Guyana’s comprehensive development plan, with further economic diversification and inclusive growth initiatives planned for the coming years.