Caribbean Journey
The World’s Fastest Growing Economy (And It’s Not Who You Think)
Eleven billion barrels of oil. The fastest GDP growth rate on earth averaging 47% per year since 2022, confirmed by the IMF. Fifty-five billion dollars in committed investment from ExxonMobil and its partners. Sixteen airlines now landing where four used to serve. A sovereign wealth fund held at the Federal Reserve Bank of New York. And yet: 58% of Guyanese still live on less than $6.85 a day.
This is the full, unfiltered story of Guyana's oil boom who is getting rich, who isn't, why it happened this way, and what the next ten years will determine.
In this documentary, we cover:
— The 2015 Liza-1 discovery that changed everything, and why Chevron walked away from the same data before ExxonMobil drilled it
— How Guyana went from zero oil production to 900,000 barrels per day in under six years — a development pace the oil industry calls unprecedented
— The $55 billion committed by ExxonMobil and its partners to the Stabroek Block, and what the Chevron–Hess legal battle revealed about how much that stake is really worth
— The $750 million carbon credit deal with Hess Corporation and why Guyana is the only country on earth simultaneously profiting from oil extraction and being paid to keep its forests standing
— The Inter-American Development Bank's November 2024 report placing 58% of Guyanese in poverty despite the fastest economic growth on the planet
— The production-sharing contract debate: who it favours, what critics say, and what ExxonMobil says in response
— The documented risk of Dutch disease and the resource curse and why Nigeria, Venezuela, and Norway are all reference points for what Guyana could become
— The infrastructure being built right now: 12 hospitals, the Gas-to-Energy pipeline, the $285 million Berbice port, the Linden-Lethem Road to Brazil, and 16 airlines and growing at Cheddi Jagan International Airport
— Why the U.S. military has deepened its security relationship with Guyana, what Venezuela's Essequibo claim means in practice, and how Guyana is managing financial ties with both Washington and Beijing simultaneously
— Whether Guyana becomes the next Norway or the next Venezuela
KEY FACTS IN THIS VIDEO:
• Guyana's GDP growth rate averaged 47% per year from 2022 to 2024 (IMF, 2025)
• Production reached approximately 900,000 barrels per day by late 2025 (ExxonMobil; Council on Foreign Relations)
• ExxonMobil and its partners have committed $55 billion to the Stabroek Block
• Guyana is the world's largest per capita oil producer (IMF, December 2024)
• 58% of Guyanese live in poverty on less than $6.85 per day (Inter-American Development Bank, November 2024 report, based on the 2021 Guyana Labour Force Survey)
• 32% live in extreme poverty on less than $3.65 per day (same source)
• The Natural Resource Fund held approximately $3.2 billion as of end-2025, managed at the Federal Reserve Bank of New York
• Hess Corporation paid $750 million for Guyana's forest carbon credits the largest jurisdictional carbon credit sale in history
• Guyana's credits became the first in the world eligible for Phase 1 of CORSIA, the UN's aviation emissions offset scheme
LEGAL DISCLAIMER:
This video is produced for informational and educational purposes only. All statistics, figures, and claims are sourced from publicly available reports published by international institutions including the International Monetary Fund, Inter-American Development Bank, U.S. Department of State, ExxonMobil Corporation, Council on Foreign Relations, and other credible third-party sources cited above. Nothing in this video constitutes financial, investment, or legal advice. Caribbean Journey does not endorse any investment product, company, or government policy discussed in this content. Viewers should conduct their own independent research before making any financial decisions. The poverty statistics cited are drawn from the November 2024 IDB report based on the 2021 Guyana Labour Force Survey and represent the most recent internationally verified data available at the time of production; current conditions may differ. Geopolitical analysis represents the documented positions of named institutions and analysts, not the editorial opinions of Caribbean Journey.
Subscribe for more documentary-style coverage of Caribbean and South American economic stories that mainstream media underreports:
https://youtube.com/@CaribbeanJourney1
#Guyana #GuyanaOil #OilBoom #ExxonMobil #Caribbean #CaribbeanJourney
#GuyanaInvestment #SovereignWealthFund #ResourceCurse #GuyanaEconomy
#Petrodollars #Stabroek #OilAndGas #CaribbeanEconomy #Georgetown
#GuyanaNews #GuyanaGDP #ExxonGuyana #CarbonCredits #GuyanaDocumentary
#OilProducer #NorwayModel #VenezuelaVsGuyana #GuyanaRich #GuyanaOilBoom
#CaribbeanDocumentary #WealthAndPoverty #SouthAmericaOil #GuyanaEconomy2025
#BillionaireInvestment
Published Apr 27, 2026