Service imports in Guyana
Guyana: Service imports was 4.95 billion BoP, current US$ in 2023. ◆ Volatile
Latest (2023)
4.95 billion BoP, current US$
Change on year
up 29.4%
World rank
92nd
of 200 countries
All-time high
4.95 billion BoP, current US$
in 2023
All-time low
60.08 million BoP, current US$
in 1978
Years of data
41
1977–2023
Service imports in Guyana, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Guyana is 4.95 billion BoP, current US$, measured in 2023. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 29.4% on the previous year and up 885.4% over ten years.
Over the whole period, service imports in Guyana peaked at 4.95 billion BoP, current US$ in 2023 and was at its lowest, 60.08 million BoP, current US$, in 1978.
That places Guyana 92nd out of 200 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports in Guyana, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 60.75 million BoP, current US$ | — |
| 1978 | 60.08 million BoP, current US$ | -1.1% |
| 1979 | 71.37 million BoP, current US$ | +18.8% |
| 1980 | 107.33 million BoP, current US$ | +50.4% |
| 1981 | 98.88 million BoP, current US$ | -7.9% |
| 1982 | 94.47 million BoP, current US$ | -4.5% |
| 1983 | 98.13 million BoP, current US$ | +3.9% |
| 1984 | 99.05 million BoP, current US$ | +0.9% |
| 1985 | 104.03 million BoP, current US$ | +5.0% |
| 1992 | 139.82 million BoP, current US$ | +34.4% |
| 1993 | 148.10 million BoP, current US$ | +5.9% |
| 1994 | 160.87 million BoP, current US$ | +8.6% |
| 1995 | 171.83 million BoP, current US$ | +6.8% |
| 1996 | 153.80 million BoP, current US$ | -10.5% |
| 1997 | 165.00 million BoP, current US$ | +7.3% |
| 1998 | 173.90 million BoP, current US$ | +5.4% |
| 1999 | 178.10 million BoP, current US$ | +2.4% |
| 2000 | 193.20 million BoP, current US$ | +8.5% |
| 2001 | 192.40 million BoP, current US$ | -0.4% |
| 2002 | 195.80 million BoP, current US$ | +1.8% |
| 2003 | 172.10 million BoP, current US$ | -12.1% |
| 2004 | 207.59 million BoP, current US$ | +20.6% |
| 2005 | 200.89 million BoP, current US$ | -3.2% |
| 2006 | 245.42 million BoP, current US$ | +22.2% |
| 2007 | 272.54 million BoP, current US$ | +11.1% |
| 2008 | 325.19 million BoP, current US$ | +19.3% |
| 2009 | 272.42 million BoP, current US$ | -16.2% |
| 2010 | 343.84 million BoP, current US$ | +26.2% |
| 2011 | 433.75 million BoP, current US$ | +26.1% |
| 2012 | 526.34 million BoP, current US$ | +21.3% |
| 2013 | 502.69 million BoP, current US$ | -4.5% |
| 2014 | 426.21 million BoP, current US$ | -15.2% |
| 2015 | 423.31 million BoP, current US$ | -0.7% |
| 2016 | 513.92 million BoP, current US$ | +21.4% |
| 2017 | 574.53 million BoP, current US$ | +11.8% |
| 2018 | 1.19 billion BoP, current US$ | +107.2% |
| 2019 | 1.66 billion BoP, current US$ | +39.2% |
| 2020 | 1.99 billion BoP, current US$ | +20.2% |
| 2021 | 2.89 billion BoP, current US$ | +44.9% |
| 2022 | 3.83 billion BoP, current US$ | +32.6% |
| 2023 | 4.95 billion BoP, current US$ | +29.4% |
Guyana compared with similar countries
- Guyana's 4.95 billion BoP, current US$ is below the median for high income countries, which is 18.88 billion BoP, current US$, 26% of the median. (72 countries reporting)
- Guyana's 4.95 billion BoP, current US$ is above the median for Latin America & Caribbean, which is 2.80 billion BoP, current US$, 1.8× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 64.07 million BoP, current US$ | 60.08 million BoP, current US$ | 71.37 million BoP, current US$ | 3 |
| 1980s | 100.31 million BoP, current US$ | 94.47 million BoP, current US$ | 107.33 million BoP, current US$ | 6 |
| 1990s | 161.43 million BoP, current US$ | 139.82 million BoP, current US$ | 178.10 million BoP, current US$ | 8 |
| 2000s | 227.75 million BoP, current US$ | 172.10 million BoP, current US$ | 325.19 million BoP, current US$ | 10 |
| 2010s | 659.20 million BoP, current US$ | 343.84 million BoP, current US$ | 1.66 billion BoP, current US$ | 10 |
| 2020s | 3.42 billion BoP, current US$ | 1.99 billion BoP, current US$ | 4.95 billion BoP, current US$ | 4 |
Countries ranked near Guyana
- 89 Kenya 5.64 billion BoP, current US$ compare
- 90 Ethiopia 5.51 billion BoP, current US$ compare
- 91 Democratic Republic of Congo 5.02 billion BoP, current US$ compare
- 93 Mongolia 4.92 billion BoP, current US$ compare
- 94 Armenia 4.65 billion BoP, current US$ compare
- 95 Albania 4.55 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$), annual growth rate 34.31 % change on previous year (2025)
Frequently asked questions
- What is service imports in Guyana?
- Service imports in Guyana was 4.95 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Guyana?
- The highest recorded value was 4.95 billion BoP, current US$ in 2023.
- What is the lowest service imports recorded in Guyana?
- The lowest recorded value was 60.08 million BoP, current US$ in 1978.
- How does Guyana rank for service imports?
- Guyana ranks 92nd out of 200 countries with data for 2023.
- Is service imports rising or falling in Guyana?
- Over the last ten years it is up 885.4%. 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 Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are services provided by non-residents to residents. 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.