Personal remittances, received in Guyana
Guyana: Personal remittances, received was 545.58 million current US$ in 2023. ◆ Volatile
Personal remittances, received in Guyana, 1982–2023
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Guyana recorded 545.58 million current US$ for personal remittances, received in 2023.
That represents a change of up 1.2% on the previous year and up 66.3% over ten years.
Over the whole period, personal remittances, received in Guyana peaked at 553.49 million current US$ in 2021 and was at its lowest, 1.02 million current US$, in 1992.
Guyana ranks 117th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.03 million current US$ | 1.17 million current US$ | 2.61 million current US$ | 3 |
| 1990s | 8.67 million current US$ | 1.02 million current US$ | 20.50 million current US$ | 8 |
| 2000s | 158.67 million current US$ | 22.30 million current US$ | 278.50 million current US$ | 10 |
| 2010s | 356.90 million current US$ | 302.77 million current US$ | 469.26 million current US$ | 10 |
| 2020s | 519.82 million current US$ | 441.07 million current US$ | 553.49 million current US$ | 4 |
Countries ranked near Guyana
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 personal remittances, received in Guyana?
- Personal remittances, received in Guyana was 545.58 million current US$ in 2023, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Guyana?
- The highest recorded value was 553.49 million current US$ in 2021.
- What is the lowest personal remittances, received recorded in Guyana?
- The lowest recorded value was 1.02 million current US$ in 1992.
- How does Guyana rank for personal remittances, received?
- Guyana ranks 117th out of 196 countries with data for 2023.
- Is personal remittances, received rising or falling in Guyana?
- Over the last ten years it is up 66.3%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.