External balance on goods and services in Guyana
Guyana: External balance on goods and services was -41.39 billion current LCU in 2005. ◆ Volatile
External balance on goods and services in Guyana, 1960–2005
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2005, external balance on goods and services in Guyana stood at -41.39 billion current LCU. That is the lowest value across all 46 years on record.
The figure is down 176.0% on the previous year and down 330.0% over ten years.
Over the whole period, external balance on goods and services in Guyana peaked at 50.60 million current LCU in 1963 and was at its lowest, -41.39 billion current LCU, in 2005.
That places Guyana 125th out of 192 countries with data for 2005, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.94 million current LCU | -24.00 million current LCU | 50.60 million current LCU | 10 |
| 1970s | -66.26 million current LCU | -283.20 million current LCU | 21.00 million current LCU | 10 |
| 1980s | -293.31 million current LCU | -743.00 million current LCU | -119.70 million current LCU | 10 |
| 1990s | -8.87 billion current LCU | -12.94 billion current LCU | -2.69 billion current LCU | 10 |
| 2000s | -20.79 billion current LCU | -41.39 billion current LCU | -14.13 billion current LCU | 6 |
Countries ranked near Guyana
More economy & growth data for Guyana
- External balance on goods and services as a percent of GDP -25.1% (2005)
- Inflation of consumer prices 3.3% (2025)
- GDP per capita 39,192 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 1.9% (2025)
- Gross domestic product (GDP) 32.76 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 39,192 constant 2015 US$ (2025)
- DEC alternative conversion factor 208.5 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 217.32 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.04 billion current US$ (2025)
- Taxes less subsidies on products 170.46 billion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Guyana?
- External balance on goods and services in Guyana was -41.39 billion current LCU in 2005, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Guyana?
- The highest recorded value was 50.60 million current LCU in 1963.
- What is the lowest external balance on goods and services recorded in Guyana?
- The lowest recorded value was -41.39 billion current LCU in 2005.
- How does Guyana rank for external balance on goods and services?
- Guyana ranks 125th out of 192 countries with data for 2005.
- Is external balance on goods and services rising or falling in Guyana?
- Over the last ten years it is down 330.0%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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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 series is expressed in local currency units.