External balance on goods and services as a percent of GDP in Guyana
Guyana: External balance on goods and services as a percent of GDP was -25.1% in 2005. ◆ Volatile
External balance on goods and services as a percent of GDP in Guyana, 1960–2005
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2005, external balance on goods and services as a percent of gdp in Guyana stood at -25.1%. That is the lowest value across all 46 years on record.
Compared with earlier readings it is down 161.5% on the previous year and down 130.2% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Guyana peaked at 16.8% in 1963 and was at its lowest, -25.1%, in 2005.
That places Guyana 164th out of 191 countries with data for 2005, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Guyana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | -8.2% | — |
| 1961 | -0.9% | -88.9% |
| 1962 | 11.8% | -1391.9% |
| 1963 | 16.8% | +42.8% |
| 1964 | 3.6% | -78.6% |
| 1965 | -2.4% | -166.8% |
| 1966 | -5.2% | +115.4% |
| 1967 | -2.4% | -54.5% |
| 1968 | 3.1% | -231.4% |
| 1969 | 3.8% | +23.3% |
| 1970 | -0.5% | -114.2% |
| 1971 | 3.7% | -787.6% |
| 1972 | -1.3% | -135.0% |
| 1973 | -16.7% | +1183.3% |
| 1974 | 1.9% | -111.5% |
| 1975 | -0.0% | -101.3% |
| 1976 | -24.9% | +98570.8% |
| 1977 | -15.6% | -37.6% |
| 1978 | -0.0% | -99.9% |
| 1979 | -9.4% | +59599.8% |
| 1980 | -12.4% | +31.2% |
| 1981 | -23.4% | +89.3% |
| 1982 | -17.3% | -26.0% |
| 1983 | -18.7% | +8.1% |
| 1984 | -7.2% | -61.5% |
| 1985 | -13.8% | +91.7% |
| 1986 | -6.9% | -49.9% |
| 1987 | -11.2% | +62.1% |
| 1988 | -4.3% | -61.6% |
| 1989 | -7.2% | +67.2% |
| 1990 | -17.2% | +138.5% |
| 1991 | -18.0% | +4.8% |
| 1992 | -23.5% | +30.6% |
| 1993 | -16.7% | -28.8% |
| 1994 | -12.1% | -27.9% |
| 1995 | -10.9% | -9.6% |
| 1996 | -6.1% | -44.1% |
| 1997 | -9.8% | +61.1% |
| 1998 | -12.0% | +22.0% |
| 1999 | -8.0% | -32.9% |
| 2000 | -14.6% | +81.6% |
| 2001 | -13.8% | -5.3% |
| 2002 | -12.1% | -12.4% |
| 2003 | -9.8% | -19.1% |
| 2004 | -9.6% | -2.1% |
| 2005 | -25.1% | +161.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.0% | -8.2% | 16.8% | 10 |
| 1970s | -6.3% | -24.9% | 3.7% | 10 |
| 1980s | -12.2% | -23.4% | -4.3% | 10 |
| 1990s | -13.4% | -23.5% | -6.1% | 10 |
| 2000s | -14.2% | -25.1% | -9.6% | 6 |
Countries ranked near Guyana
- 161 Vanuatu -22.7% compare
- 162 El Salvador -24.1% compare
- 163 Nepal -24.9% compare
- 165 Montenegro -25.6% compare
- 166 Ukraine -26.5% compare
- 167 French Polynesia -27.8% 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)
- Households and NPISHs Final consumption expenditure (current LCU) 31.58 % change on previous year (2005)
- Households and NPISHs Final consumption expenditure (current LCU) 146.72 current LCU per US$ of GDP (2005)
- Households and NPISHs Final consumption expenditure (current LCU) 159,055 current LCU per person (2005)
- Final consumption expenditure (current US$), annual growth rate 22.06 % change on previous year (2005)
- Final consumption expenditure (current US$), per unit of GDP 1 current US$ per US$ of GDP (2005)
- Final consumption expenditure (current US$), per capita 1,088 current US$ per person (2005)
- Final consumption expenditure (current LCU), annual growth rate 23.03 % change on previous year (2005)
- Final consumption expenditure (current LCU), per unit of GDP 200.51 current LCU per US$ of GDP (2005)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Guyana?
- External balance on goods and services as a percent of gdp in Guyana was -25.1% in 2005, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Guyana?
- The highest recorded value was 16.8% in 1963.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Guyana?
- The lowest recorded value was -25.1% in 2005.
- How does Guyana rank for external balance on goods and services as a percent of gdp?
- Guyana ranks 164th out of 191 countries with data for 2005.
- Is external balance on goods and services as a percent of gdp rising or falling in Guyana?
- Over the last ten years it is down 130.2%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.