Guyana Natural Resources: Offshore Oil, Gold and Bauxite

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Recursos naturales de Guyana 63 1

Guyana’s natural resources include oil, gold, diamonds and bauxite, as well as copper, manganese and radioactive minerals. In 2024 the country produced about 645,000 barrels of oil a day according to the EIA, and it has 241 km³ of renewable freshwater resources and an average annual rainfall of 2,387 mm. Which of Guyana’s natural resources carry the most economic weight?

Guyana is a South American country with rich biodiversity and a wide variety of natural resources. From tropical rainforest to rivers and coastal plains, Guyana is home to a large number of unique animal and plant species.

It also has abundant natural resources, including oil, gold, diamonds and bauxite. Exploiting these resources has been an important source of revenue for the country, but it has also raised challenges for the sustainable management of these resources and for environmental protection.

What are Guyana’s most outstanding natural resources? What natural wealth does it have? Which minerals does it have, and where does it stand in the world rankings? How much water does it have, and how does it generate energy? Which animals and plants live in Guyana?

Natural resources

Natural resources are materials or energy sources provided by or found on Earth that are useful to humans. Every product we manufacture is made up of natural resources.

  • Renewable resources: these can be restored by natural processes faster than the rate at which they are consumed. Examples include solar radiation, wind, hydroelectric power, water when used properly, and plant and animal life.
  • Non-renewable resources: once extracted, these are depleted and cannot regenerate. Examples include hydrocarbons, metals and minerals.

Examples of Guyana’s main natural resources

Guyana’s environmental snapshot

Land use, available water and energy, in comparable figures.

Agricultural land3.4% of land area2023
Arable land0.5% of land area2023
Forest cover87.1% of land area2023
Renewable freshwater per capita293,317 m³ per year2022
Renewable electricity7.1% of total generation2021
Protected land area8.4% of land area2025
Renewable electricity, 2000–2021Guyana has gained 2.7 points of renewable generation.
2000 · 4.5%2021 · 7.1%
ResourceReserves / productionSource
Oil645,000 barrels/day (2024)EIA
Renewable freshwater241 km³ (31st, 2020)FAO
Average rainfall2,387 mm (15th)World Bank
Forests87.09% (183,877.3 km², 2023)World Bank
Environmental performance49.0 points (60th)EPI 2024 (Yale)
Guyana’s main natural resources. Data from the sources cited in the article.

Oil resources in Guyana

Guyana has significant natural resources, including oil. In 2024 its daily oil production reached 645,000 barrels, making it one of the fastest-growing crude oil producers in the world, according to the U.S. Energy Information Administration (EIA).

Mineral resources

Guyana’s mineral wealth spans a wide variety of resources, most notably deposits of semiprecious stones, kaolin, silica sand, soapstone, kyanite, feldspar, mica, ilmenite, laterite, manganese and radioactive minerals.

This South American country also has significant reserves of copper, molybdenum, tungsten, iron and nickel, among others. Together, these mineral resources hold great potential for Guyana’s economic development, creating jobs and generating income through the export of these valuable minerals to international markets.

Water resources of Guyana

Guyana has 241 km³ of renewable freshwater resources, which placed it 31st in the world ranking in 2020. This South American country has many rivers and lakes, the main ones being the Essequibo River, the Demerara River and Mainstay Lake.

Essequibo region

Average rainfall and soils of Guyana

Guyana has an average annual rainfall of 2,387 mm, which places it 15th in the world. Because of this high moisture, Guyana’s soils are generally very moist and rich in nutrients, which makes them ideal for agriculture and forestry.

Forest resources of Guyana

Forests cover 87.09% of Guyana’s land area, equivalent to 183,877.3 km², according to 2023 data (World Bank).

Guyana

Environmental performance and protection of Guyana’s natural resources

Guyana is a country with a rich diversity of natural resources. On the Environmental Performance Index (EPI 2024, Yale University), Guyana scored 49.0 and ranked 67th out of 180 countries. Protecting natural areas is essential to preserving biodiversity and ecological balance, and protected areas cover 8.4% of Guyana’s land area (World Bank, 2025).

Natural parks of Guyana: the hidden wealth of natural resources

Biodiversity: animal and plant resources of Guyana

Birds of Guyana

Guyana has a great diversity of birds, with 795 species in total, ranking 29th in the world. Although it has no endemic bird species, it is worth noting that 16 of its species are endangered.

Among the most notable species is the scarlet macaw, one of the country’s most emblematic birds.

Natural resources of Guyana

Fish and amphibians of Guyana

In 2019, 135 amphibian species were recorded in the country, placing it 25th in the world.

Guyana also has a total of 993 fish species, the main one being the arowana. The country ranks 49th in the world for number of fish species.

Mammals of Guyana

Guyana had a total of 235 mammal species in 2016. However, 11 of them are threatened.

The conservation of these natural resources is very important, especially that of the country’s flagship mammal, the jaguar.

Jaguar

Reptiles of Guyana

Guyana has rich biodiversity, especially when it comes to reptiles. With a total of 185 reptile species, it ranks 45th in the world.

The green anaconda stands out.

Plants of Guyana

Guyana has a great diversity of vascular plants, with a total of 7,112 species recorded in 2020, which places it 26th in the world. Among the country’s most notable species is Victoria amazonica, an imposing aquatic plant that can reach up to 3 meters in diameter and is known for its huge floating leaves.

Natural resources of Guyana

Organizations that protect or study Guyana’s natural resources

The Stabroek block, off the coast of Guyana, holds an estimated gross recoverable resource of about 11,000 million barrels of oil equivalent, the result of more than 30 discoveries made since May 2015 (ExxonMobil, 2025). That find reshaped the resource profile of a country that until a decade ago depended almost entirely on gold, bauxite and timber.

Offshore oil from the Stabroek block

Production from the Stabroek block reached 900,000 barrels a day in November 2025, after the fourth offshore project started up in August of that year (ExxonMobil, 2025). Four floating production, storage and offloading units (FPSOs), including Liza Unity, Prosperity and ONE GUYANA, operate on the field, whose recoverable resource is estimated at about 11,000 million barrels of oil equivalent.

Gold and bauxite: the mining base before crude oil

Before oil, gold was the country’s main export. In 2019 Guyana exported 19,795 kilograms of gold, worth $876.6 million, ahead of any other product (USGS, 2019). Bauxite exports amounted to 1.91 million tonnes that year, and between 2016 and 2019 Guyana was the second-largest supplier of bauxite to the United States, with an average of 21% of those imports (USGS, 2019).

An economy reshaped by its resources

Guyana’s GDP grew 43.4% in 2024, driven by oil production that reached 225 million barrels, which places the country among the fastest-growing economies in the world (World Bank, 2024). The effect goes beyond crude oil: non-oil GDP rose 13.1% the same year, supported by public investment.

Sources used

The World Bank noted in 2023 that Guyana is one of the most heavily forested countries in the world, with more than 80% of its territory covered by tropical rainforest.

Last updated: September 26, 2026

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Juan David Montoya

Written and reviewed by

Juan David Montoya

Economist from the Universidad de Antioquia (Medellín, Colombia), covering the environment and sustainable development since 2013. The work here begins with hands-on research in the databases of the major international research institutions — the World Bank, FAO, the United States Geological Survey (USGS), the United Nations and the OECD — the source of every indicator published on this site, each one cross-checked. The aim is to turn that data into a simple, visual format: tables, maps and visualizations that make each country's environmental situation clear at a glance.

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