South America's New RICHEST Economy!

Guyana's economy has doubled in over the last few years with the discovery of a new oil reserve of their coast in the Atlantic Ocean. Guyana's GDP is now expected to grow by 300% over the next 6 years, and are looking to become one of the richest countries in Latin America. Because of this oil boom, Guyana is now putting in strong efforts to improve their society through the development of new infrastructure and clean energy.

The Guyanese government are expected to get $11 billion from the oil export earnings, which is already larger than their overall GDP. Becuase of these exports, Guyana is set to become Latin America's top oil producer.

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Disclaimer
Some of the footage used in this video is not original content produced by Macro Mates. Portions of stock footage were gathered from multiple sources.

#economy #guyana #economics #macroeconomics #guyanaoil