External balance on goods and services in Guyana
Guyana: External balance on goods and services was -207.09 million current US$ 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 US$.
Analysis
The most recent figure for external balance on goods and services in Guyana is -207.09 million current US$, measured in 2005. That is the lowest value across all 46 years on record.
That represents a change of down 173.8% on the previous year and down 205.5% over ten years.
Over the whole period, external balance on goods and services in Guyana peaked at 29.52 million current US$ in 1963 and was at its lowest, -207.09 million current US$, in 2005.
Guyana ranks 87th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Guyana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | -14.00 million current US$ | — |
| 1961 | -1.69 million current US$ | -87.9% |
| 1962 | 22.92 million current US$ | -1455.2% |
| 1963 | 29.52 million current US$ | +28.8% |
| 1964 | 7.00 million current US$ | -76.3% |
| 1965 | -5.12 million current US$ | -173.1% |
| 1966 | -11.82 million current US$ | +131.0% |
| 1967 | -5.88 million current US$ | -50.2% |
| 1968 | 7.10 million current US$ | -220.7% |
| 1969 | 9.50 million current US$ | +33.8% |
| 1970 | -1.45 million current US$ | -115.3% |
| 1971 | 10.50 million current US$ | -824.1% |
| 1972 | -3.71 million current US$ | -135.4% |
| 1973 | -51.29 million current US$ | +1280.8% |
| 1974 | 8.36 million current US$ | -116.3% |
| 1975 | -125,000 current US$ | -101.5% |
| 1976 | -113.28 million current US$ | +90524.0% |
| 1977 | -70.00 million current US$ | -38.2% |
| 1978 | -80,000 current US$ | -99.9% |
| 1979 | -49.96 million current US$ | +62350.0% |
| 1980 | -74.52 million current US$ | +49.2% |
| 1981 | -133.39 million current US$ | +79.0% |
| 1982 | -83.40 million current US$ | -37.5% |
| 1983 | -91.50 million current US$ | +9.7% |
| 1984 | -31.50 million current US$ | -65.6% |
| 1985 | -62.56 million current US$ | +98.6% |
| 1986 | -34.86 million current US$ | -44.3% |
| 1987 | -39.69 million current US$ | +13.9% |
| 1988 | -17.80 million current US$ | -55.2% |
| 1989 | -27.32 million current US$ | +53.5% |
| 1990 | -68.03 million current US$ | +149.0% |
| 1991 | -62.67 million current US$ | -7.9% |
| 1992 | -87.70 million current US$ | +39.9% |
| 1993 | -75.95 million current US$ | -13.4% |
| 1994 | -65.79 million current US$ | -13.4% |
| 1995 | -67.79 million current US$ | +3.0% |
| 1996 | -42.99 million current US$ | -36.6% |
| 1997 | -73.54 million current US$ | +71.0% |
| 1998 | -85.94 million current US$ | +16.9% |
| 1999 | -55.87 million current US$ | -35.0% |
| 2000 | -104.10 million current US$ | +86.3% |
| 2001 | -98.48 million current US$ | -5.4% |
| 2002 | -88.00 million current US$ | -10.6% |
| 2003 | -72.89 million current US$ | -17.2% |
| 2004 | -75.63 million current US$ | +3.8% |
| 2005 | -207.09 million current US$ | +173.8% |
Guyana compared with similar countries
- Guyana's -207.09 million current US$ is below the median for high income countries, which is 3.43 billion current US$. (72 countries reporting)
- Guyana's -207.09 million current US$ is below the median for Latin America & Caribbean, which is -154.10 million current US$, 1.3× the median. (29 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in Guyana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | -90524.0% | -125,000 current US$ | -113.28 million current US$ |
| 1979 | -62350.0% | -80,000 current US$ | -49.96 million current US$ |
| 1962 | +1455.2% | -1.69 million current US$ | 22.92 million current US$ |
| 1973 | -1280.8% | -3.71 million current US$ | -51.29 million current US$ |
| 1971 | +824.1% | -1.45 million current US$ | 10.50 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.75 million current US$ | -14.00 million current US$ | 29.52 million current US$ | 10 |
| 1970s | -27.10 million current US$ | -113.28 million current US$ | 10.50 million current US$ | 10 |
| 1980s | -59.65 million current US$ | -133.39 million current US$ | -17.80 million current US$ | 10 |
| 1990s | -68.63 million current US$ | -87.70 million current US$ | -42.99 million current US$ | 10 |
| 2000s | -107.70 million current US$ | -207.09 million current US$ | -72.89 million current US$ | 6 |
Countries ranked near Guyana
- 84 Antigua and Barbuda -154.10 million current US$
- 85 Sao Tome and Principe -196.66 million current US$
- 86 Samoa -198.24 million current US$
- 88 Eritrea -228.89 million current US$ compare
- 89 Slovakia -236.80 million current US$ compare
- 90 Micronesia (country) -245.00 million current US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.70 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 6.86 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 8.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 860.28 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.3499 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 10,383 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 34.31 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Guyana?
- External balance on goods and services in Guyana was -207.09 million current US$ 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 29.52 million current US$ in 1963.
- What is the lowest external balance on goods and services recorded in Guyana?
- The lowest recorded value was -207.09 million current US$ in 2005.
- How does Guyana rank for external balance on goods and services?
- Guyana ranks 87th out of 193 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 205.5%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.