Bank of Guyana - Annual Report 2004

According to the Bank of Guyana's Annual Report 2004, Real Gross Domestic Product (GDP) rebounded in 2004 with a growth of 1.6 percent after remaining relatively flat at the end of 2003.

The performance stemmed from higher output of sugar and livestock production coupled with positive contribution by the services sector. Inflation was contained at 5.5 percent in spite of the higher price of fuel during the year. Consumption expenditure by the private sector was significantly higher, while public

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