Commercial service imports in Guyana
Guyana: Commercial service imports was 4.92 billion current US$ in 2023. ◆ Volatile
Commercial service imports in Guyana, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
Guyana recorded 4.92 billion current US$ for commercial service imports in 2023. That is the highest value across all 41 years on record.
That represents a change of up 30.1% on the previous year and up 879.0% over ten years.
Over the whole period, commercial service imports in Guyana peaked at 4.92 billion current US$ in 2023 and was at its lowest, 57.14 million current US$, in 1978.
That places Guyana 91st out of 200 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports in Guyana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 58.00 million current US$ | — |
| 1978 | 57.14 million current US$ | -1.5% |
| 1979 | 68.59 million current US$ | +20.0% |
| 1980 | 104.20 million current US$ | +51.9% |
| 1981 | 96.11 million current US$ | -7.8% |
| 1982 | 88.87 million current US$ | -7.5% |
| 1983 | 93.47 million current US$ | +5.2% |
| 1984 | 94.61 million current US$ | +1.2% |
| 1985 | 100.14 million current US$ | +5.9% |
| 1992 | 131.11 million current US$ | +30.9% |
| 1993 | 141.17 million current US$ | +7.7% |
| 1994 | 156.60 million current US$ | +10.9% |
| 1995 | 167.52 million current US$ | +7.0% |
| 1996 | 153.80 million current US$ | -8.2% |
| 1997 | 165.00 million current US$ | +7.3% |
| 1998 | 173.90 million current US$ | +5.4% |
| 1999 | 178.10 million current US$ | +2.4% |
| 2000 | 193.20 million current US$ | +8.5% |
| 2001 | 192.40 million current US$ | -0.4% |
| 2002 | 195.80 million current US$ | +1.8% |
| 2003 | 172.10 million current US$ | -12.1% |
| 2004 | 207.59 million current US$ | +20.6% |
| 2005 | 200.89 million current US$ | -3.2% |
| 2006 | 245.42 million current US$ | +22.2% |
| 2007 | 272.54 million current US$ | +11.1% |
| 2008 | 325.19 million current US$ | +19.3% |
| 2009 | 272.42 million current US$ | -16.2% |
| 2010 | 343.84 million current US$ | +26.2% |
| 2011 | 433.75 million current US$ | +26.1% |
| 2012 | 526.34 million current US$ | +21.3% |
| 2013 | 502.69 million current US$ | -4.5% |
| 2014 | 426.21 million current US$ | -15.2% |
| 2015 | 423.31 million current US$ | -0.7% |
| 2016 | 484.05 million current US$ | +14.3% |
| 2017 | 573.29 million current US$ | +18.4% |
| 2018 | 1.18 billion current US$ | +106.5% |
| 2019 | 1.65 billion current US$ | +39.6% |
| 2020 | 1.99 billion current US$ | +20.4% |
| 2021 | 2.86 billion current US$ | +43.7% |
| 2022 | 3.78 billion current US$ | +32.4% |
| 2023 | 4.92 billion current US$ | +30.1% |
Guyana compared with similar countries
- Guyana's 4.92 billion current US$ is below the median for high income countries, which is 18.83 billion current US$, 26% of the median. (72 countries reporting)
- Guyana's 4.92 billion current US$ is above the median for Latin America & Caribbean, which is 2.75 billion current US$, 1.8× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 61.24 million current US$ | 57.14 million current US$ | 68.59 million current US$ | 3 |
| 1980s | 96.23 million current US$ | 88.87 million current US$ | 104.20 million current US$ | 6 |
| 1990s | 158.40 million current US$ | 131.11 million current US$ | 178.10 million current US$ | 8 |
| 2000s | 227.75 million current US$ | 172.10 million current US$ | 325.19 million current US$ | 10 |
| 2010s | 655.02 million current US$ | 343.84 million current US$ | 1.65 billion current US$ | 10 |
| 2020s | 3.39 billion current US$ | 1.99 billion current US$ | 4.92 billion current US$ | 4 |
Countries ranked near Guyana
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$), annual growth rate -5.52 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Guyana?
- Commercial service imports in Guyana was 4.92 billion current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service imports recorded in Guyana?
- The highest recorded value was 4.92 billion current US$ in 2023.
- What is the lowest commercial service imports recorded in Guyana?
- The lowest recorded value was 57.14 million current US$ in 1978.
- How does Guyana rank for commercial service imports?
- Guyana ranks 91st out of 200 countries with data for 2023.
- Is commercial service imports rising or falling in Guyana?
- Over the last ten years it is up 879.0%. 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 imports (current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are 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.