Guyana’s economy grew by 72.03 per cent between 2019 and 2021, outperforming all others in the Latin America and Caribbean, or LAC, region.
In its semi-annual report on LAC released this month, the World Bank noted that many countries in the region, particularly the tourism-dependent nations, recorded economic declines, but 12 countries recorded positive economic growth.
Guyana was the only country with a double-digit, cumulative growth rate. Nicaragua, the country with the second-highest cumulative growth rate, grew at about 7.53 per cent.
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