Share of products from least-developed countries that have no tariff in Guyana
Guyana: Share of products from least-developed countries that have no tariff was 89.7% in 2024. ▲ Rising
Share of products from least-developed countries that have no tariff in Guyana, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
Guyana recorded 89.7% for share of products from least-developed countries that have no tariff in 2024. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 3.3% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Guyana peaked at 89.7% in 2024 and was at its lowest, 81.5%, in 2019.
Guyana ranks 6th of 230 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 83.6% | — |
| 2010 | 85.0% | +1.6% |
| 2015 | 86.8% | +2.2% |
| 2016 | 87.3% | +0.5% |
| 2017 | 84.2% | -3.5% |
| 2018 | 84.1% | -0.1% |
| 2019 | 81.5% | -3.1% |
| 2020 | 85.8% | +5.3% |
| 2021 | 83.9% | -2.2% |
| 2022 | 89.5% | +6.7% |
| 2023 | 89.6% | +0.1% |
| 2024 | 89.7% | +0.0% |
Guyana compared with similar countries
- Guyana's 89.7% is above the median for high income countries, which is 64.9%, 1.4× the median. (80 countries reporting)
- Guyana's 89.7% is above the median for Latin America & Caribbean, which is 68.3%, 1.3× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 83.6% | 83.6% | 83.6% | 1 |
| 2010s | 84.8% | 81.5% | 87.3% | 6 |
| 2020s | 87.7% | 83.9% | 89.7% | 5 |
Countries ranked near Guyana
- 3 Trinidad and Tobago 92.2% compare
- 4 Liechtenstein 91.5% compare
- 5 Saint Vincent and the Grenadines 91.1% compare
- 7 Burkina Faso 89.5% compare
- 8 Liberia 88.7% compare
- 9 Sudan 88.5% 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 share of products from least-developed countries that have no tariff in Guyana?
- Share of products from least-developed countries that have no tariff in Guyana was 89.7% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Guyana?
- The highest recorded value was 89.7% in 2024.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Guyana?
- The lowest recorded value was 81.5% in 2019.
- How does Guyana rank for share of products from least-developed countries that have no tariff?
- Guyana ranks 6th out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Guyana?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is rising.
- Where does this Guyana data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).