Foreign Trade (As % of GDP) rose to 104% in Guyana in 2017

Foreign Trade (As % of GDP) (%)
Economy | Guyana | May 17, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 104 % in 2017 in Guyana, according to the National Statistical Office. This is 3.7 % more than in the previous year.

Historically, foreign trade as a share of GDP in Guyana reached an all time high of 275 % in 1992 and an all time low of 95.5 % in 1984. When compared to Guyana's main peers, foreign trade as a share of GDP in Brazil amounted to 24.1 % and 130 % in Suriname in 2017.

Guyana has been ranked 46th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 14 places behind the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Bolivia % 82.5% 84.9% 81.2% 85.3% 67.9%
Brazil % 23.9% 25.1% 25.8% 24.7% 27.0%
Colombia % 39.5% 38.9% 38.0% 37.5% 38.4%
Guyana % 141% 148% 131% 116% 100%
Peru % 56.0% 52.6% 49.8% 46.8% 45.1%
Puerto Rico % 109% 103% 105% 102% 109%
Suriname % 115% 110% 103% 97.9% 94.4%
Trinidad and Tobago % 104% 94.5% 103% 108% 98.2% ...
Venezuela % 49.6% 50.4% 54.3% 48.1% ... ... ...