Guyana: Trade balance, percent of GDP

* indicates monthly or quarterly data series
 Guyana

Trade balance as percent of GDP

 Latest value -25.11
 Year 2005
 Measure percent
 Data availability 1960 - 2005
 Average -8.36
 Min - Max -25.11 - 16.79
 Source The World Bank
The latest value from 2005 is -25.11 percent, a decline from -9.6 percent in 2004. In comparison, the world average is -4.15 percent, based on data from 169 countries. Historically, the average for Guyana from 1960 to 2005 is -8.36 percent. The minimum value, -25.11 percent, was reached in 2005 while the maximum of 16.79 percent was recorded in 1963. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Guyana - Trade balance, percent of GDP - Recent values chart

Historical series
Guyana - Trade balance, percent of GDP - historical chart - 1960-2005




The trade balance for Guyana and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Terms of trade 123.92 2021 percent
 Trade openness 194.35 2005 percent
 Financial openness 1.100 2021 index points
 Exports, percent of GDP 84.62 2005 percent
 Exports, billion dollars 0.70 2005 billion U.S. dollars
 Imports, percent of GDP 109.73 2005 percent
 Imports, billion dollars 0.91 2005 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 42.88 2023 percent
 Foreign Direct Investment, billion dollars 0.44 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2020 million dollars (current)
 Current account, percent of GDP 10.31 2023 percent
 Current account, in dollars -0.25 2022 billion U.S. dollars
 Trade balance, percent of GDP -25.11 2005 percent
 Trade balance, in dollars 4.47 2022 billion U.S. dollars
 Reserves 0.90 2023 billion U.S. dollars
 Remittances, percent of GDP 3.27 2023 percent
 Remittances 548.84 2023 million U.S. dollars
 Net errors and omissions 520.37 2022 million USD
 External debt 17.84 2022 percent
 Short-term external debt 2.28 2022 percent
 Short-term debt to reserves 5.92 2022 percent
 Foreign exchange reserves 156.32 9/2024 billion
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