Transport services in Guyana
Guyana: Transport services was 0.7% in 2023. ◆ Volatile
Transport services in Guyana, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Guyana recorded 0.7% for transport services in 2023. That is the lowest value across all 41 years on record.
The figure is down 53.5% on the previous year and down 95.3% over ten years.
Over the whole period, transport services in Guyana peaked at 39.9% in 1981 and was at its lowest, 0.7%, in 2023.
Guyana ranks 198th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Transport services in Guyana, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1977 | 23.4% | — |
| 1978 | 26.8% | +14.3% |
| 1979 | 29.0% | +8.1% |
| 1980 | 28.5% | -1.6% |
| 1981 | 39.9% | +40.0% |
| 1982 | 37.0% | -7.3% |
| 1983 | 35.8% | -3.4% |
| 1984 | 34.8% | -2.6% |
| 1985 | 22.3% | -35.9% |
| 1992 | 26.7% | +19.8% |
| 1993 | 25.5% | -4.6% |
| 1994 | 22.1% | -13.1% |
| 1995 | 24.8% | +11.8% |
| 1996 | 3.9% | -84.1% |
| 1997 | 4.1% | +4.9% |
| 1998 | 3.3% | -19.5% |
| 1999 | 4.1% | +23.1% |
| 2000 | 4.3% | +4.2% |
| 2001 | 5.3% | +25.8% |
| 2002 | 5.4% | +0.9% |
| 2003 | 4.3% | -20.8% |
| 2004 | 4.5% | +4.5% |
| 2005 | 5.1% | +15.2% |
| 2006 | 5.5% | +6.1% |
| 2007 | 5.0% | -7.8% |
| 2008 | 4.4% | -11.9% |
| 2009 | 5.8% | +31.5% |
| 2010 | 5.6% | -4.8% |
| 2011 | 6.4% | +15.6% |
| 2012 | 7.1% | +9.9% |
| 2013 | 14.1% | +98.9% |
| 2014 | 14.1% | +0.2% |
| 2015 | 13.9% | -1.3% |
| 2016 | 6.7% | -52.1% |
| 2017 | 6.4% | -3.9% |
| 2018 | 1.8% | -72.6% |
| 2019 | 1.1% | -37.8% |
| 2020 | 1.0% | -6.8% |
| 2021 | 7.9% | +677.0% |
| 2022 | 1.4% | -82.1% |
| 2023 | 0.7% | -53.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.4% | 23.4% | 29.0% | 3 |
| 1980s | 33.1% | 22.3% | 39.9% | 6 |
| 1990s | 14.3% | 3.3% | 26.7% | 8 |
| 2000s | 5.0% | 4.3% | 5.8% | 10 |
| 2010s | 7.7% | 1.1% | 14.1% | 10 |
| 2020s | 2.7% | 0.7% | 7.9% | 4 |
Countries ranked near Guyana
- 195 Sao Tome and Principe 1.1% compare
- 196 Dominica 0.9% compare
- 197 Guinea-Bissau 0.9% 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)
- Households and NPISHs Final consumption expenditure (current LCU) 31.58 % change on previous year (2005)
- Households and NPISHs Final consumption expenditure (current LCU) 146.72 current LCU per US$ of GDP (2005)
- Households and NPISHs Final consumption expenditure (current LCU) 159,055 current LCU per person (2005)
- Final consumption expenditure (current US$), annual growth rate 22.06 % change on previous year (2005)
- Final consumption expenditure (current US$), per unit of GDP 1 current US$ per US$ of GDP (2005)
- Final consumption expenditure (current US$), per capita 1,088 current US$ per person (2005)
- Final consumption expenditure (current LCU), annual growth rate 23.03 % change on previous year (2005)
- Final consumption expenditure (current LCU), per unit of GDP 200.51 current LCU per US$ of GDP (2005)
Frequently asked questions
- What is transport services in Guyana?
- Transport services in Guyana was 0.7% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Guyana?
- The highest recorded value was 39.9% in 1981.
- What is the lowest transport services recorded in Guyana?
- The lowest recorded value was 0.7% in 2023.
- How does Guyana rank for transport services?
- Guyana ranks 198th out of 198 countries with data for 2023.
- Is transport services rising or falling in Guyana?
- Over the last ten years it is down 95.3%. 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 Transport services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.