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In 2023, Guyana had a per capita gross domestic product (purchasing power parity) of Int$60,648 and an average GDP growth of 4.2% over the previous decade. Guyana's economy was transformed in 2015 with the discovery of an offshore oil field in the country’s waters about 190 km from Georgetown , making the first commercial-grade crude oil draw ...
Australia. Spain. Nigeria. France. The following table provides GDP estimates for the 30 largest economies from 2023 to 2038 made by the U.S.-based Center for Business and Economic Research, a division of Ball State University, in December 2023.
The long-standing territorial dispute over the Essequibo region escalated into a crisis in 2023. The region is controlled by Guyana but is claimed by Venezuela. The dispute dates back many years and the current border was established by the Paris Arbitral Award in 1899. Venezuela renewed its claim in 1962 and the matter was referred to the ...
The following is a list of countries reaching a certain threshold of GDP (PPP) in a specific year according to International Monetary Fund. [2] As for the Soviet Union, its GDP (PPP) reached 2.66 trillion USD in 1990, but it is unknown in which year did its economy surpass the 1 trillion and 2 trillion hallmark. [3]
2023 Guyana–Venezuela crisis (2023) Venezuelan referendum. v. t. e. The long-standing territorial dispute over the Essequibo region escalated into a crisis in 2023. The region is controlled by Guyana but is claimed by Venezuela. The dispute dates back many years and the current border was established by the Paris Arbitral Award in 1899.
Guyana and Venezuela have a long history of debate surrounding their border. In 1897, the matter was taken to international arbitration. [1] Venezuela claimed more than half of the territory of the British colony of Guyana at the time of the Latin American wars of independence. Guyana argues that the boundary between the nations was clarified ...
In June 2023, Guyana was elected as a non-permanent member to the UN Security Council. The country will serve on the Council for a period of two years, beginning in January 2024. Guyana has diplomatic relations with a wide range of nations, and these are managed primarily through its Ministry of Foreign Affairs.
Guyana ( / ɡaɪˈɑːnə / ⓘ or / ɡaɪˈænə / ⓘ ), [11] [5] officially the Co-operative Republic of Guyana, [12] is a country on the northern coast of South America, part of the historic mainland British West Indies. Guyana is an indigenous word which means "Land of Many Waters". [13]