Primary income payments in Guyana
Guyana: Primary income payments was 1.68 billion BoP, current US$ in 2023. ◆ Volatile
Primary income payments in Guyana, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, primary income payments in Guyana stood at 1.68 billion BoP, current US$. That is the highest value across all 41 years on record.
The figure is up 17.9% on the previous year and up 6,586.7% over ten years.
Over the whole period, primary income payments in Guyana peaked at 1.68 billion BoP, current US$ in 2023 and was at its lowest, 21.65 million BoP, current US$, in 1977.
Guyana ranks 110th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.67 million BoP, current US$ | 21.65 million BoP, current US$ | 38.08 million BoP, current US$ | 3 |
| 1980s | 49.07 million BoP, current US$ | 40.32 million BoP, current US$ | 57.82 million BoP, current US$ | 6 |
| 1990s | 98.70 million BoP, current US$ | 71.60 million BoP, current US$ | 129.87 million BoP, current US$ | 8 |
| 2000s | 57.95 million BoP, current US$ | 42.30 million BoP, current US$ | 71.80 million BoP, current US$ | 10 |
| 2010s | 55.89 million BoP, current US$ | 25.18 million BoP, current US$ | 120.21 million BoP, current US$ | 10 |
| 2020s | 956.52 million BoP, current US$ | 212.37 million BoP, current US$ | 1.68 billion BoP, 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 primary income payments in Guyana?
- Primary income payments in Guyana was 1.68 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Guyana?
- The highest recorded value was 1.68 billion BoP, current US$ in 2023.
- What is the lowest primary income payments recorded in Guyana?
- The lowest recorded value was 21.65 million BoP, current US$ in 1977.
- How does Guyana rank for primary income payments?
- Guyana ranks 110th out of 199 countries with data for 2023.
- Is primary income payments rising or falling in Guyana?
- Over the last ten years it is up 6,586.7%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.