Commercial service exports in Guyana
Guyana: Commercial service exports was 523.75 million current US$ in 2023. ◆ Volatile
Commercial service exports in Guyana, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service exports in Guyana is 523.75 million current US$, measured in 2023. That is the highest value across all 41 years on record.
The figure is up 141.3% on the previous year and up 218.0% over ten years.
Over the whole period, commercial service exports in Guyana peaked at 523.75 million current US$ in 2023 and was at its lowest, 14.51 million current US$, in 1977.
That places Guyana 152nd out of 200 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Guyana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 14.51 million current US$ | — |
| 1978 | 15.80 million current US$ | +8.9% |
| 1979 | 16.59 million current US$ | +5.0% |
| 1980 | 17.76 million current US$ | +7.1% |
| 1981 | 20.84 million current US$ | +17.3% |
| 1982 | 17.83 million current US$ | -14.4% |
| 1983 | 25.80 million current US$ | +44.7% |
| 1984 | 23.49 million current US$ | -9.0% |
| 1985 | 46.71 million current US$ | +98.9% |
| 1992 | 102.39 million current US$ | +119.2% |
| 1993 | 111.86 million current US$ | +9.2% |
| 1994 | 117.08 million current US$ | +4.7% |
| 1995 | 129.56 million current US$ | +10.7% |
| 1996 | 140.10 million current US$ | +8.1% |
| 1997 | 148.10 million current US$ | +5.7% |
| 1998 | 141.80 million current US$ | -4.3% |
| 1999 | 147.00 million current US$ | +3.7% |
| 2000 | 169.30 million current US$ | +15.2% |
| 2001 | 172.00 million current US$ | +1.6% |
| 2002 | 172.30 million current US$ | +0.2% |
| 2003 | 156.80 million current US$ | -9.0% |
| 2004 | 160.89 million current US$ | +2.6% |
| 2005 | 147.87 million current US$ | -8.1% |
| 2006 | 147.64 million current US$ | -0.2% |
| 2007 | 172.90 million current US$ | +17.1% |
| 2008 | 211.88 million current US$ | +22.5% |
| 2009 | 170.31 million current US$ | -19.6% |
| 2010 | 248.05 million current US$ | +45.6% |
| 2011 | 297.60 million current US$ | +20.0% |
| 2012 | 297.77 million current US$ | +0.1% |
| 2013 | 164.69 million current US$ | -44.7% |
| 2014 | 180.84 million current US$ | +9.8% |
| 2015 | 144.84 million current US$ | -19.9% |
| 2016 | 171.74 million current US$ | +18.6% |
| 2017 | 179.58 million current US$ | +4.6% |
| 2018 | 150.67 million current US$ | -16.1% |
| 2019 | 218.36 million current US$ | +44.9% |
| 2020 | 175.71 million current US$ | -19.5% |
| 2021 | 224.37 million current US$ | +27.7% |
| 2022 | 217.09 million current US$ | -3.2% |
| 2023 | 523.75 million current US$ | +141.3% |
Guyana compared with similar countries
- Guyana's 523.75 million current US$ is below the median for high income countries, which is 24.20 billion current US$, 2% of the median. (72 countries reporting)
- Guyana's 523.75 million current US$ is below the median for Latin America & Caribbean, which is 2.96 billion current US$, 18% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Commercial service exports in Guyana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +141.3% | 217.09 million current US$ | 523.75 million current US$ |
| 1992 | +119.2% | 46.71 million current US$ | 102.39 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.63 million current US$ | 14.51 million current US$ | 16.59 million current US$ | 3 |
| 1980s | 25.41 million current US$ | 17.76 million current US$ | 46.71 million current US$ | 6 |
| 1990s | 129.74 million current US$ | 102.39 million current US$ | 148.10 million current US$ | 8 |
| 2000s | 168.19 million current US$ | 147.64 million current US$ | 211.88 million current US$ | 10 |
| 2010s | 205.41 million current US$ | 144.84 million current US$ | 297.77 million current US$ | 10 |
| 2020s | 285.23 million current US$ | 175.71 million current US$ | 523.75 million current US$ | 4 |
Countries ranked near Guyana
- 149 Palestine 558.70 million current US$ compare
- 150 Burkina Faso 532.84 million current US$ compare
- 151 Democratic Republic of Congo 529.41 million current US$ compare
- 153 Saint Kitts and Nevis 493.43 million current US$ compare
- 154 Gambia 484.54 million current US$ compare
- 155 Togo 479.01 million current US$ compare
More private sector data for Guyana
- Merchandise trade 106.7% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 83.1% (2025)
- Merchandise imports 10.22 billion current US$ (2025)
- Food exports 1.5% (2025)
- Manufactures exports 0.5% (2025)
- Merchandise exports 18.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 22,360 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6898 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -5.52 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports in Guyana?
- Commercial service exports in Guyana was 523.75 million current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Guyana?
- The highest recorded value was 523.75 million current US$ in 2023.
- What is the lowest commercial service exports recorded in Guyana?
- The lowest recorded value was 14.51 million current US$ in 1977.
- How does Guyana rank for commercial service exports?
- Guyana ranks 152nd out of 200 countries with data for 2023.
- Is commercial service exports rising or falling in Guyana?
- Over the last ten years it is up 218.0%. 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 Commercial service exports (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-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.