Guyana’s economy expanded by 19.3 percent in 2025, with the non-oil economy growing by 14.3 percent, underscoring what Government says is broad-based growth even amid global economic uncertainty.
Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh, made the disclosure on Monday while presenting Budget 2026 in the National Assembly.
“Despite the challenging global context, our Government’s robust policy framework has enabled us in Guyana to demonstrate consistently that economic growth can be strong and steady in the most testing of circumstances,” Singh said.
He told the House that the overall expansion was supported not only by oil and gas activity, but by sustained growth across key non-oil sectors.
“Today, I have the pleasure of reporting that the Guyanese economy is estimated to have expanded by 19.3 percent overall in 2025, with expansion of 14.3 percent observed in our non-oil real GDP,” the Finance Minister said.
According to Singh, growth in the non-oil economy was driven largely by strong performances in agriculture, mining, construction and services, reflecting what he described as the Government’s commitment to diversification and resilience.
“Overall real economic growth continues to be supported by strong expansion in oil and gas activity, as well as sustained growth across the non-oil sectors,” he said.
Singh noted that the performance comes at a time when the global economy has been characterised by uneven growth and uncertainty, making Guyana’s results particularly noteworthy.
Budget 2026, presented under the theme “Putting People First,” sets out Government’s agenda to sustain high growth while ensuring that economic expansion translates into tangible improvements in the lives of Guyanese across all regions.
