Guyana
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Official Name: Cooperative Republic of Guyana
Political system: Parliamentary democracy with executive authority vested in the President
Head of State and Government: H.E. Mr. Donald Ramotar, President
Area: 214,970 sq. Km (83,000 sq miles)
Population: 751, 223 (2002 census)
Principal religions: Christianity, Hinduism, Islam
Official language: English
Adult literacy: 98%
Time zone: GMT (-) 4 hrs
Climatic condition: Tropical hot, humid, moderated by northeast trade winds, Two rainy seasons: May to mid-July and mid-November to mid-January.
Currency: Guyanese dollar (G$)
Current exchange rate: US$ 1 = GS 203
Main cities/towns: Georgetown (capital), Linden, New Amsterdam
National Flag: The Golden Arrowhead: Green background with red isosceles triangle on left side superimposed on a long yellow arrowhead with white border.
National Anthem: Dear Land of Guyana of rivers and plains.
Made rich by the sunshine, and lush by the rains,
Set gem-like and fair between mountains and sea.
Your children salute you, dear land of the free.

Green land of Guyana, our heroes of yore.
Both Bondsmen and free, laid their bones on your shore;
This soil so they hallowed, and from them are we,
All sons of one mother, Guyana the free.

Great land of Guyana, diverse though our strains,
We are born of their sacrifice, heirs of their pains,
And ours is the glory, their eyes did not see –
One land of six peoples, united and free.

Dear land of Guyana, to you will we give.
Our homage, our service, each day that we live;
God guard you, great Mother, and make us to be.
More worthy our heritage – land of the free.
Gross Domestic Product (GDP) (2010): US$ 2.24 Billion
Per Capita GDP (2010): US$ 2,501.7
Growth Rate (2010): 3.6%
Major sectors of economy: Agriculture: Rice, Sugar, Fishery & Forestry
Mining: Bauxite, Gold, Diamond
Services: Telecommunications, Transportation & Tourism

Imports (2010): Value: US$ 1409.5 million
Exports (2010): Value: US$ 891.8 million
Major items: Sugar, Rice, Bauxite, Diamond, Gold, Timber, Prawns & Shrimps.
Services: Telecommunications, Transportation & Tourism
Inward remittances from overseas Guyanese (2010): US$ 370.8 million

 

Guyana – Investment

Guyana offers potential investors a broad spectrum of investment choices, ranging from more traditional industries to non-traditional export sectors. Traditional sectors include mining and wood processing, while aquaculture, agro-processing, fresh fruits and vegetables, light manufacturing, value added forest products, renewal sources of energy fall under the latter category. Investment potential exists in services sectors too.  For more details visit http://www.goinvest.gov.gy.

 

Guyana – Banking

Bank of Guyana, the Central Bank, was established as an autonomous institution under the Bank of Guyana Ordnance of October 1966. Commercial banks, all in the private sector and numbering 7 at present, offer services ranging from savings/deposit accounts to loans and advances. In addition, eight licensed non-banking financial institutions also offer financial services, including insurance. Cambios and exchange houses, which are spread all over Guyana, offer currency exchange and remittance services. There is no restriction on repatriation of profits and sale proceeds. Bank of Baroda has a branch in Georgetown since 1966.



Address: High Commission of India, 307, Church & Peter Rose Streets,
Queenstown, Georgetown
Working hours:08:30 - 13:00 hours and 13:30 - 17:00 hours
(Monday to Friday)
Telephone Number: 592 226 3996/226 8965/226 3240
Fax Number: 592 225 7012
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