Guyana vs Trinidad and Tobago: Net trade in goods and services
Net trade in goods and services over time
- Guyana
- Trinidad and Tobago
How they compare
Guyana currently reports 2.78 billion BoP, current US$ against 1.88 billion BoP, current US$ in Trinidad and Tobago, a difference of 901.42 million BoP, current US$.
That makes Guyana's figure about 1.5 times Trinidad and Tobago's.
The two have swapped places 7 times across 41 shared years of data; in 1977 it was Trinidad and Tobago ahead.
Guyana ranks 58th and Trinidad and Tobago ranks 60th of 200 countries.
Trinidad and Tobago has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Guyana | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -40.22 million BoP, current US$ | 267.58 million BoP, current US$ | 307.81 million BoP, current US$ | Trinidad and Tobago |
| 1980s | -83.92 million BoP, current US$ | 35.99 million BoP, current US$ | 119.91 million BoP, current US$ | Trinidad and Tobago |
| 1990s | -53.94 million BoP, current US$ | 349.63 million BoP, current US$ | 403.58 million BoP, current US$ | Trinidad and Tobago |
| 2000s | -239.02 million BoP, current US$ | 3.73 billion BoP, current US$ | 3.97 billion BoP, current US$ | Trinidad and Tobago |
| 2010s | -1.01 billion BoP, current US$ | 3.93 billion BoP, current US$ | 4.94 billion BoP, current US$ | Trinidad and Tobago |
| 2020s | 1.02 billion BoP, current US$ | 2.88 billion BoP, current US$ | 1.85 billion BoP, current US$ | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Guyana or Trinidad and Tobago?
- Guyana, at 2.78 billion BoP, current US$ against 1.88 billion BoP, current US$ in Trinidad and Tobago as of 2023.
- What is the difference in net trade in goods and services between Guyana and Trinidad and Tobago?
- 901.42 million BoP, current US$, with Guyana ahead.
- How many years of comparable data are there for Guyana and Trinidad and Tobago?
- 41 years are reported by both, from 1977 to 2023.
- How do Guyana and Trinidad and Tobago rank globally for net trade in goods and services?
- Guyana ranks 58th and Trinidad and Tobago ranks 60th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.