## Guyana: 2018 Article IV Consultation-Press Release and Staff Report

_IMF Staff Country Reports, July 16, 2018_

## Source details

**Canonical URL:** [Guyana: 2018 Article IV Consultation-Press Release and Staff Report](https://www.imf.org/en/publications/cr/issues/2018/07/16/guyana-2018-article-iv-consultation-press-release-and-staff-report-46083)

## Other formats

- [Markdown version](/en/publications/cr/issues/2018/07/16/guyana-2018-article-iv-consultation-press-release-and-staff-report-46083/index.md)
- [Structured JSON version](/en/publications/cr/issues/2018/07/16/guyana-2018-article-iv-consultation-press-release-and-staff-report-46083/index.json)
- [Bundle manifest](/en/publications/cr/issues/2018/07/16/guyana-2018-article-iv-consultation-press-release-and-staff-report-46083/bundle-manifest.json)

## Bibliographic details
- Published: July 16, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484367957.002

---

### Overview and recent performance
- Real GDP growth in 2017 was 2.1 percent.
- Non-mining GDP rebounded from its contraction in 2016.
- Economic growth slowed down in 2017 but became more broad-based.
- The external balance turned negative due to weaker than expected export growth and higher oil prices.
- Inflation remains relatively low, and the monetary stance is accommodative.

### Near-term outlook
- Oil production is expected to commence in 2020.
- Additional oil discoveries have significantly improved the medium- and long-term outlook.

### Key themes and policy-relevant topics covered
- External debt
- Oil production
- Oil, gas and mining taxes
- Production
- Public debt
- Revenue administration
- Taxes

*International Monetary Fund. "Guyana: 2018 Article IV Consultation-Press Release and Staff Report", July 16, 2018.*

---

## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2018/cr18220.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2018/cr18220.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2018/07/16/guyana-2018-article-iv-consultation-press-release-and-staff-report-46083_