Current account balance as a proportion of GDP in Guyana
Guyana: Current account balance as a proportion of GDP was 13.9% in 2023. ◆ Volatile
Latest (2023)
13.9%
Change on year
down 51.8%
World rank
13th
of 177 countries
All-time high
28.8%
in 2022
All-time low
-57.1%
in 2019
Years of data
24
2000–2023
Current account balance as a proportion of GDP in Guyana, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in Guyana is 13.9%, measured in 2023.
The figure is down 51.8% on the previous year and up 227.1% over ten years.
Over the whole period, current account balance as a proportion of gdp in Guyana peaked at 28.8% in 2022 and was at its lowest, -57.1%, in 2019.
Guyana ranks 13th of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -11.5% | — |
| 2001 | -12.8% | +10.7% |
| 2002 | -8.6% | -32.8% |
| 2003 | -6.0% | -30.0% |
| 2004 | -2.5% | -57.9% |
| 2005 | -11.7% | +361.7% |
| 2006 | -7.6% | -35.0% |
| 2007 | -6.1% | -20.1% |
| 2008 | -10.6% | +75.1% |
| 2009 | -7.3% | -31.4% |
| 2010 | -7.2% | -1.5% |
| 2011 | -10.1% | +40.5% |
| 2012 | -9.0% | -10.5% |
| 2013 | -10.9% | +21.2% |
| 2014 | -9.3% | -14.7% |
| 2015 | -0.9% | -90.3% |
| 2016 | 3.4% | -471.8% |
| 2017 | -2.6% | -175.9% |
| 2018 | -26.7% | +941.9% |
| 2019 | -57.1% | +114.1% |
| 2020 | -11.6% | -79.7% |
| 2021 | -16.9% | +45.6% |
| 2022 | 28.8% | -270.5% |
| 2023 | 13.9% | -51.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.5% | -12.8% | -2.5% | 10 |
| 2010s | -13.0% | -57.1% | 3.4% | 10 |
| 2020s | 3.6% | -16.9% | 28.8% | 4 |
Countries ranked near Guyana
- 10 Norway 14.8% compare
- 11 Djibouti 14.7% compare
- 12 Brunei Darussalam 14.5% compare
- 12 Timor-Leste -31.5% compare
- 14 Turks and Caicos Islands 13.1% compare
- 15 Denmark 12.3% compare
- 16 Congo 11.6% compare
More economy & growth data for Guyana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 11.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 11.93 Percent per annum (2029)
- External balance on goods and services (current US$), annual growth -173.82 % change on previous year (2005)
- External balance on goods and services (current LCU), annual growth -175.98 % change on previous year (2005)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 16.13 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 522,711 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 11.53 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0598 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 1,937 constant 2015 US$ per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Guyana?
- Current account balance as a proportion of gdp in Guyana was 13.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Guyana?
- The highest recorded value was 28.8% in 2022.
- What is the lowest current account balance as a proportion of gdp recorded in Guyana?
- The lowest recorded value was -57.1% in 2019.
- How does Guyana rank for current account balance as a proportion of gdp?
- Guyana ranks 13th out of 177 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Guyana?
- Over the last ten years it is up 227.1%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).