While most countries around the world are struggling to survive amid the US-Iran war, a few nations are benefiting from the conflict in a major way. One such country is Guyana, located in the Caribbean region. The war has created an opportunity for Guyana to significantly increase its revenue. As a result, the country, which was previously earning nearly USD 370 million per week, has now increased its revenue to around USD 623 million per week.
Fastest-growing economy
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Just six years after becoming an oil-producing nation, Guyana has emerged as the world’s fastest-growing economy. The sharp rise in global crude oil prices triggered by the Iran conflict has boosted Guyana’s treasury at a time when even major developed economies are fearing recession.
Surge in oil prices
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The biggest reason behind Guyana’s unexpected boom is the sharp increase in international crude oil prices. Before the conflict, Brent crude was trading at around USD 62 per barrel. However, after tensions escalated due to the Iran war and disruptions around the Strait of Hormuz, prices surged to an average of more than USD 108 per barrel.This has turned out to be a golden opportunity for Guyana because the country simultaneously expanded its oil production capacity. By the end of 2025, Guyana was producing around 892,000 barrels of oil per day. That figure has now crossed 920,000 barrels daily, and production is expected to soon reach the 1 million barrels-per-day mark.
What do the numbers show?
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According to data from the World Bank and The Economist, Guyana’s oil revenue has witnessed a dramatic jump since the war began. The country was previously earning nearly USD 370 million per week from oil exports. That figure has now climbed to approximately USD 623 million per week. Since 2020, Guyana’s economy has been growing at an average annual rate of 40.9%, something considered almost unimaginable for most economies. Analysts believe that due to elevated oil prices, the Guyanese government could earn nearly USD 4 billion more this year than initially estimated.
How Is the country earning?
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Guyana’s oil-sharing policy is also playing a major role in this massive profit surge. According to reports, nearly 75% of Guyana’s oil production revenue currently goes to foreign companies to recover their exploration and production costs. From the remaining profit, Guyana receives around 14.5%, including royalties. While this share may appear relatively small, the spike in oil prices caused by the war is helping companies recover their investments much faster. Once those costs are fully recovered, Guyana’s profit share is expected to jump to nearly 50%.In simple terms, the ongoing conflict is not only boosting Guyana’s current earnings but also paving the way for significantly larger future profits.
How Is Guyana using this money?
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The Guyanese government is now investing this massive revenue into infrastructure development. New roads, schools, and modern healthcare centers are being built across the country. The government has also announced a cash bonus of around USD 500 for every adult citizen above the age of 18. To secure long-term financial stability, Guyana has established a Natural Resource Fund. By March, the fund had already accumulated nearly USD 3.8 billion, ensuring that future generations also benefit from the country’s oil wealth.
