Imports of goods and services in Guyana
Guyana: Imports of goods and services was 10.96 billion BoP, current US$ in 2023. ◆ Volatile
Imports of 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$.
Analysis
Guyana recorded 10.96 billion BoP, current US$ for imports of goods and services in 2023. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 55.8% on the previous year and up 360.8% over ten years.
Over the whole period, imports of goods and services in Guyana peaked at 10.96 billion BoP, current US$ in 2023 and was at its lowest, 300.69 million BoP, current US$, in 1984.
Guyana ranks 117th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 340.39 million BoP, current US$ | 313.57 million BoP, current US$ | 360.16 million BoP, current US$ | 3 |
| 1980s | 379.76 million BoP, current US$ | 300.69 million BoP, current US$ | 498.52 million BoP, current US$ | 6 |
| 1990s | 683.82 million BoP, current US$ | 582.52 million BoP, current US$ | 755.70 million BoP, current US$ | 8 |
| 2000s | 1.00 billion BoP, current US$ | 697.40 million BoP, current US$ | 1.65 billion BoP, current US$ | 10 |
| 2010s | 2.53 billion BoP, current US$ | 1.76 billion BoP, current US$ | 5.27 billion BoP, current US$ | 10 |
| 2020s | 7.13 billion BoP, current US$ | 3.95 billion BoP, current US$ | 10.96 billion BoP, current US$ | 4 |
Countries ranked near Guyana
- 114 Sudan 11.57 billion BoP, current US$ compare
- 115 Bolivia 11.48 billion BoP, current US$ compare
- 116 Nicaragua 11.44 billion BoP, current US$ compare
- 118 Zimbabwe 10.72 billion BoP, current US$ compare
- 119 Mozambique 10.49 billion BoP, current US$ compare
- 120 Guinea 10.23 billion BoP, current US$ compare
More economy & growth data for Guyana
- Gross capital formation 32.3% (2005)
- Gross fixed capital formation 266.72 million current US$ (2005)
- Gross fixed capital formation 53.31 billion current LCU (2005)
- Gross fixed capital formation 32.3% (2005)
- Changes in inventories 0 current US$ (2005)
- Changes in inventories 0 current LCU (2005)
- Gross capital formation 266.72 million current US$ (2005)
- Gross capital formation 53.31 billion current LCU (2005)
- External balance on goods and services -41.39 billion current LCU (2005)
- External balance on goods and services -207.09 million current US$ (2005)
Frequently asked questions
- What is imports of goods and services in Guyana?
- Imports of goods and services in Guyana was 10.96 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Guyana?
- The highest recorded value was 10.96 billion BoP, current US$ in 2023.
- What is the lowest imports of goods and services recorded in Guyana?
- The lowest recorded value was 300.69 million BoP, current US$ in 1984.
- How does Guyana rank for imports of goods and services?
- Guyana ranks 117th out of 199 countries with data for 2023.
- Is imports of goods and services rising or falling in Guyana?
- Over the last ten years it is up 360.8%. 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 Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes 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.