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Georgetown Insightsas of Oct 2026
Population size
230 K People
Population growth
0.6%
Age distribution
0-14: 29%
15-64: 65%
65+: 6% percent
15-64: 65%
65+: 6% percent
Household size
4.3 People
Household composition
Nuclear: 60%
Extended: 40% percent
Extended: 40% percent
Education level
Primary: 95%
Secondary: 70%
Tertiary: 25% percent
Secondary: 70%
Tertiary: 25% percent
Median household income
1,200,000 GYD/year
Employment rate
88 %
Job growth
3.5 %
Dominant industries
Services, Oil & Gas, Retail, Agriculture
Cost of living index
85 index (US=100)
Retail sales per capita
2,500 USD/year
Disposable income
4,000 USD/year
Spending behavior by category - apparel, dining, electronics
Apparel: 12%, Dining: 18%, Electronics: 8% percent of income
Existing retail mix
Grocery 40%, Apparel 25%, Electronics 15%, Services 20% percent
Number of competitors
150 major retailers
Market saturation
75 percent
Presence of anchor tenants
Yes, major supermarkets and department stores
Foot traffic from nearby businesses
High, due to central business district
Rent costs
50,000 GYD/sqm/month
Property values
10,000,000 GYD/sqm
Zoning laws
Mixed-use zoning in commercial districts
Business permits
30-60 days
Availability of retail space
20,000 sqm
Proximity to major roads
High, central location
Public transportation access
Good, bus routes cover city
Parking availability
500 spaces/1000 sqm
Pedestrian traffic
10,000 daily visitors
Vehicle traffic
Moderate, congestion in peak hours
Public transport accessibility
80 percent coverage
Commute times
25 minutes average
Work patterns
9-5 office, shift work in services
Shopping preferences
In-store preferred, markets and malls
Brand affinity
Local and international brands
Consumer loyalty
Moderate, 60% repeat percent
Entertainment and leisure trends
Cinema, sports, dining out
Crime statistics
15 index (global avg=100)
Shoplifting rates
2 percent of sales
Public safety measures
Police patrols, CCTV in malls
Tourist spending
50 USD/visitor/day
Tourist footfall
100,000 annual visitors
Major local events
Mashramani, Caribbean Carnival
Seasonal attractions
Rainy season low, dry high
E-commerce penetration
15 %
Click-and-collect adoption
10 %
Local preference for in-store shopping
85 %
Total retail space
150,000 sqm
Retail space per capita
0.64 sqm/person
Projected growth in retail space
5 %
Retail leakage rate
20 %
Sustainable retail demand
High, due to population growth
Major upcoming retail projects
New mall developments in suburbs
Grocery market share distribution - Top 3 retailers & market share
Foodland: 30%, Demico: 25%, Bounty: 20% percent
Consumer spending patterns
Weekly grocery, monthly apparel
Grocery expenditure trends
Increasing 4% annually percent
Luxury retail performance
Growing 10% with oil wealth percent
Top mall shopping preferences
Value Palace, Princess Hotel Mall
Shopping trips to other cities - % of residents
15 percent
Key drivers for mall visits
Convenience, variety, AC
Preferred brand categories - Luxury fashion, Value fashion, etc.
Value fashion 70%, Luxury 20%, Electronics 10% percent
Number of existing malls
5 malls
Total retail footfall - annual visits across malls
5,000,000 sqm
Retail market gaps
Premium fashion, health & wellness
Trade area population
300,000 people
Retail potential in catchment area
High, USD 500M
Projected retail growth rate
6 %
Preferred mall layouts
Single-level open air with food courts
Public transport access
Good, multiple bus lines
Walkability score
70 index (100 max)
Road infrastructure & car access
Adequate main roads, improving
Parking capacity in comparable malls
1,000 spaces
Surrounding land use & future developments
Mixed residential-commercial, new housing
Retail Destinations in Georgetown
Browse 1 retail destination in Georgetown, Guyana. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Georgetown at a Glance
- Total Properties1
- CountryGuyana
