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Question 2.

(a)Collect data for Guyana's Gross Domestic Product (GDP) at 2006 prices (see Bank of Guyana's Annual Report for 2019, Table 10.11) for the year 2018.Use a suitable graphical technique to show the contributions of the four major sectors namely Agriculture Forestry & Fishing, Mining & Quarrying, Manufacturing, Electricity and Water, Construction and Services to the total GDP for 2018 and in not more than two sentences comment on the contributions of the sectors to total GDP.

(b) From Table 10.11 used above extract the figures for output of gold for the period 2010 to 2018.Use a suitable diagram to present this data.

(c)Comment on the trend noticed in (b) above.

(d)Give two factors/reasons affecting the demand for gold over the period considered in (b).

143 / 157 TABLE 10-11 GROSS DOMESTIC PRODUCT (AT 2006 PRICES) (G$ Million) Item 2010 2012 2013 2014 2015 2016 2017 2018 2019 GDP AT CONSTANT BASIC PRICES 309,382 325,457 342,630 359,822 373,849 385,270 398,230 406,698 423,528 AGRICULTURE, FORESTRY AND FISHING 63,490 65,268 67.637 69,230 73,167 74,863 67.140 67.40 58,390 Sugar 13,000 13,920 12,835 10,993.1 12,72 3,601 10,800 8.082 6,159 Rice 8,009 8.891 9.337 11,845.3 14.05 15.220 11.823 13,940 13,86 Other Crops 14.871 15,716 16,549 17,244.7 18,107 18,469 18.931 19.385 20.354 Livestock 8,166 8.639 9.886 10.311.6 10,612 11.233 10 593 10.293 12.666 Fishing 9,207 8,813 10,144 9.505.1 7.038 6.840 8.082 8,166 7.659 Forestry 10.238 9.289 8.886 9.330 10.633 9,501 6.911 7.543 7.683 MINING AND QUARRYING 29,532 34,363 40.38 43,656 38,722 41,890 61,208 55,798 57,402 Bauxite 4,529 6,252 7.036 6,261 5,763 5,086 5,081 6,333 Gold 20,757 24,43 29,520 32.376 26,078 30,35 17,96 13,991 11.259 9.810 Other 4.246 3.676 3.826 5.018 6,880 8.158 6,726 MANUFACTURING 20,802 22,219 22,748 24.550 27.179 28,667 25,933 27,019 27 ,292 3.497 3,745 3.453 2.957 3.423 3.659 2,905 2.174 1,657 5,003 5.570 5.849 7,420 8,804 9.532 7.461 8,796 8,752 Rice 12.302 12.905 15.477 16.049 Other Manufacturing 13,447 14.173 14.952 15 567 16.884 ELECTRICITY AND WATER 5.446 5,560 5.878 6.167 6.406 7,030 7.194 7,337 31,703 32,579 41,930 49.622 CONSTRUCTION 28.983 35,520 37.750 40,147 44.704 SERVICES 166,577 175,004 188.389 192,993 199,333 209,059 210.597 218.237 228,015 Wholesale and Retail Trade 44.233 46.241 49.352 48.930 47.485 47.181 16,337 50.375 Transportation and Storage 23,673 27.042 32,143 33,42 38.001 43,336 43.653 45.336 45.85 Information and Communication 22,115 22.447 23,389 24.769 25,711 27,125 27.450 28,082 28,607 12,799 14.041 16.64 17.764 17.910 19.248 19,722 19.321 20,32 Financial and Insurance Activities Public Administration 25.619 25.772 26,133 26.787 27.188 27.868 27.877 28,240 28,607 14.187 15.141 15.474 16.016 16.650 17 279 17,545 17,896 18,333 Education 6,268 6.508 6,709 6,977 7.243 7.509 7,590 7.779 7.967 Health and Social Services 3,723 3.782 3,953 4.176 4.426 4.537 4,594 4.825 5,187 Real Estate Activities 13,959 14,029 14,590 14.153 14,719 14,976 15,829 16,383 18,677 Other Service Activities Less Adjustment for FISIM' (8,168) (9.535) (11,386) (12,294) (12,887) (13,354) (13,825) (13,664) (14,531) source: Bureau of Stat Note: FISIM - Financial In