Merchandise exports by the reporting economy, residual in Guyana
Guyana: Merchandise exports by the reporting economy, residual was 0.6% in 2023. ◆ Volatile
Merchandise exports by the reporting economy, residual in Guyana, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports by the reporting economy, residual in Guyana is 0.6%, measured in 2023.
Compared with earlier readings it is up 49.2% on the previous year and down 94.6% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in Guyana peaked at 12.0% in 2013 and was at its lowest, 0.0%, in 1960.
That places Guyana 6th out of 206 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy, residual in Guyana, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.5% | — |
| 1964 | 0.5% | -2.6% |
| 1965 | 0.0% | -100.0% |
| 1966 | 0.4% | — |
| 1967 | 0.0% | -100.0% |
| 1968 | 0.0% | — |
| 1969 | 0.9% | — |
| 1970 | 0.2% | -80.3% |
| 1971 | 0.2% | +32.9% |
| 1972 | 0.3% | +29.2% |
| 1973 | 0.3% | -8.1% |
| 1974 | 2.7% | +912.0% |
| 1975 | 0.2% | -92.0% |
| 1976 | 0.9% | +303.4% |
| 1977 | 1.8% | +109.6% |
| 1978 | 0.8% | -59.0% |
| 1979 | 4.8% | +544.0% |
| 1980 | 5.6% | +16.8% |
| 1981 | 8.9% | +57.6% |
| 1982 | 2.6% | -70.4% |
| 1983 | 5.2% | +99.0% |
| 1984 | 2.2% | -58.8% |
| 1985 | 3.6% | +68.6% |
| 1986 | 3.6% | +0.0% |
| 1987 | 3.6% | +0.0% |
| 1988 | 2.6% | -27.8% |
| 1989 | 3.6% | +38.4% |
| 1990 | 2.0% | -45.3% |
| 1991 | 0.0% | -100.0% |
| 1992 | 0.0% | +20.7% |
| 1993 | 0.0% | +72.2% |
| 1994 | 0.1% | +41124708575204.1% |
| 1995 | 0.4% | +264.9% |
| 1996 | 0.1% | -59.4% |
| 1997 | 0.4% | +155.4% |
| 1998 | 0.2% | -31.9% |
| 1999 | 0.0% | -100.0% |
| 2000 | 0.5% | +362709428011092.8% |
| 2001 | 0.6% | +8.5% |
| 2002 | 0.5% | -7.3% |
| 2003 | 0.2% | -59.0% |
| 2004 | 0.2% | -27.2% |
| 2005 | 0.2% | +28.6% |
| 2006 | 0.2% | -13.8% |
| 2007 | 0.2% | +1.2% |
| 2008 | 0.2% | +8.1% |
| 2009 | 0.3% | +50.9% |
| 2010 | 4.8% | +1577.0% |
| 2011 | 8.7% | +81.0% |
| 2012 | 10.2% | +17.9% |
| 2013 | 12.0% | +17.7% |
| 2014 | 9.2% | -23.8% |
| 2015 | 4.3% | -53.2% |
| 2016 | 0.2% | -96.4% |
| 2017 | 1.0% | +555.9% |
| 2018 | 0.2% | -78.8% |
| 2019 | 0.0% | -100.0% |
| 2020 | 3.4% | — |
| 2021 | 1.5% | -55.7% |
| 2022 | 0.4% | -71.6% |
| 2023 | 0.6% | +49.2% |
Guyana compared with similar countries
- Guyana's 0.6% is above the median for high income countries, which is 0.0%, 330.3× the median. (74 countries reporting)
- Guyana's 0.6% is above the median for Latin America & Caribbean, which is 0.1%, 10.2× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy, residual 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 |
|---|---|---|---|
| 2000 | +362709428011092.8% | 0.0% | 0.5% |
| 1994 | +41124708575204.1% | 0.0% | 0.1% |
| 2010 | +1577.0% | 0.3% | 4.8% |
| 1974 | +912.0% | 0.3% | 2.7% |
| 2017 | +555.9% | 0.2% | 1.0% |
| 1979 | +544.0% | 0.8% | 4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | 0.0% | 0.9% | 8 |
| 1970s | 1.2% | 0.2% | 4.8% | 10 |
| 1980s | 4.2% | 2.2% | 8.9% | 10 |
| 1990s | 0.3% | 0.0% | 2.0% | 10 |
| 2000s | 0.3% | 0.2% | 0.6% | 10 |
| 2010s | 5.1% | 0.0% | 12.0% | 10 |
| 2020s | 1.5% | 0.4% | 3.4% | 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 merchandise exports by the reporting economy, residual in Guyana?
- Merchandise exports by the reporting economy, residual in Guyana was 0.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy, residual recorded in Guyana?
- The highest recorded value was 12.0% in 2013.
- What is the lowest merchandise exports by the reporting economy, residual recorded in Guyana?
- The lowest recorded value was 0.0% in 1960.
- How does Guyana rank for merchandise exports by the reporting economy, residual?
- Guyana ranks 6th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in Guyana?
- Over the last ten years it is down 94.6%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy, residual (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.