Net trade in goods and services in Guyana
Guyana: Net trade in goods and services was 2.78 billion BoP, current US$ in 2023. ◆ Volatile
Latest (2023)
2.78 billion BoP, current US$
Change on year
down 38.0%
World rank
58th
of 200 countries
All-time high
4.48 billion BoP, current US$
in 2022
All-time low
-3.47 billion BoP, current US$
in 2019
Years of data
41
1977–2023
Net trade in goods and services in Guyana, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Guyana recorded 2.78 billion BoP, current US$ for net trade in goods and services in 2023.
The figure is down 38.0% on the previous year and up 432.1% over ten years.
Over the whole period, net trade in goods and services in Guyana peaked at 4.48 billion BoP, current US$ in 2022 and was at its lowest, -3.47 billion BoP, current US$, in 2019.
Guyana ranks 58th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Guyana, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -71.96 million BoP, current US$ | — |
| 1978 | 196,078 BoP, current US$ | -100.3% |
| 1979 | -48.90 million BoP, current US$ | -25040.1% |
| 1980 | -85.14 million BoP, current US$ | +74.1% |
| 1981 | -129.14 million BoP, current US$ | +51.7% |
| 1982 | -84.60 million BoP, current US$ | -34.5% |
| 1983 | -99.00 million BoP, current US$ | +17.0% |
| 1984 | -54.57 million BoP, current US$ | -44.9% |
| 1985 | -51.08 million BoP, current US$ | -6.4% |
| 1992 | -94.97 million BoP, current US$ | +85.9% |
| 1993 | -101.08 million BoP, current US$ | +6.4% |
| 1994 | -80.75 million BoP, current US$ | -20.1% |
| 1995 | -79.16 million BoP, current US$ | -2.0% |
| 1996 | 8.80 million BoP, current US$ | -111.1% |
| 1997 | -17.00 million BoP, current US$ | -293.2% |
| 1998 | -39.90 million BoP, current US$ | +134.7% |
| 1999 | -27.50 million BoP, current US$ | -31.1% |
| 2000 | -71.10 million BoP, current US$ | +158.5% |
| 2001 | -76.00 million BoP, current US$ | +6.9% |
| 2002 | -47.30 million BoP, current US$ | -37.8% |
| 2003 | -32.60 million BoP, current US$ | -31.1% |
| 2004 | -54.49 million BoP, current US$ | +67.1% |
| 2005 | -224.47 million BoP, current US$ | +312.0% |
| 2006 | -327.93 million BoP, current US$ | +46.1% |
| 2007 | -407.62 million BoP, current US$ | +24.3% |
| 2008 | -635.40 million BoP, current US$ | +55.9% |
| 2009 | -513.33 million BoP, current US$ | -19.2% |
| 2010 | -629.89 million BoP, current US$ | +22.7% |
| 2011 | -777.60 million BoP, current US$ | +23.5% |
| 2012 | -809.85 million BoP, current US$ | +4.1% |
| 2013 | -837.79 million BoP, current US$ | +3.4% |
| 2014 | -869.45 million BoP, current US$ | +3.8% |
| 2015 | -480.03 million BoP, current US$ | -44.8% |
| 2016 | -174.02 million BoP, current US$ | -63.7% |
| 2017 | -357.56 million BoP, current US$ | +105.5% |
| 2018 | -1.71 billion BoP, current US$ | +377.9% |
| 2019 | -3.47 billion BoP, current US$ | +103.0% |
| 2020 | -1.17 billion BoP, current US$ | -66.2% |
| 2021 | -1.99 billion BoP, current US$ | +70.0% |
| 2022 | 4.48 billion BoP, current US$ | -324.9% |
| 2023 | 2.78 billion BoP, current US$ | -38.0% |
Guyana compared with similar countries
- Guyana's 2.78 billion BoP, current US$ is below the median for high income countries, which is 2.86 billion BoP, current US$, 97% of the median. (72 countries reporting)
- Guyana's 2.78 billion BoP, current US$ is above the median for Latin America & Caribbean, which is -99.96 million BoP, current US$. (37 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Guyana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | -25040.1% | 196,078 BoP, current US$ | -48.90 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -40.22 million BoP, current US$ | -71.96 million BoP, current US$ | 196,078 BoP, current US$ | 3 |
| 1980s | -83.92 million BoP, current US$ | -129.14 million BoP, current US$ | -51.08 million BoP, current US$ | 6 |
| 1990s | -53.94 million BoP, current US$ | -101.08 million BoP, current US$ | 8.80 million BoP, current US$ | 8 |
| 2000s | -239.02 million BoP, current US$ | -635.40 million BoP, current US$ | -32.60 million BoP, current US$ | 10 |
| 2010s | -1.01 billion BoP, current US$ | -3.47 billion BoP, current US$ | -174.02 million BoP, current US$ | 10 |
| 2020s | 1.02 billion BoP, current US$ | -1.99 billion BoP, current US$ | 4.48 billion BoP, current US$ | 4 |
Countries ranked near Guyana
- 55 Congo 3.26 billion BoP, current US$ compare
- 56 Brunei 2.94 billion BoP, current US$ compare
- 57 Venezuela 2.87 billion BoP, current US$ compare
- 59 Cyprus 2.40 billion BoP, current US$ compare
- 60 Trinidad and Tobago 1.88 billion BoP, current US$ compare
- 61 Guinea 1.49 billion BoP, 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$), annual growth rate 34.31 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services in Guyana?
- Net trade in goods and services in Guyana was 2.78 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Guyana?
- The highest recorded value was 4.48 billion BoP, current US$ in 2022.
- What is the lowest net trade in goods and services recorded in Guyana?
- The lowest recorded value was -3.47 billion BoP, current US$ in 2019.
- How does Guyana rank for net trade in goods and services?
- Guyana ranks 58th out of 200 countries with data for 2023.
- Is net trade in goods and services rising or falling in Guyana?
- Over the last ten years it is up 432.1%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). 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 indicator is expressed in United States dollars.