Remittances received — all countries

Remittances received — Guyana

Remittances received in Guyana in 2023 — 545,579,978 US$. Ranked 104 in the world out of 173. Since 1982, the indicator has risen by 23,620.9%.

2023 546M US$ +1.2% vs 2022
World rank 104of 173
Period maximum 553M US$2021
Period minimum 1.02M US$1992

Trend over time

1982–2023 · US$

Remittances received — Guyana, 1982–20230200M400M600M1982198719921997200220072012201720221982: 2,300,000 US$1983: 1,166,667 US$1984: 2,609,895 US$1992: 1,020,000 US$1993: 1,210,000 US$1994: 1,340,000 US$1995: 1,700,000 US$1996: 14,600,000 US$1997: 15,000,000 US$1998: 14,000,000 US$1999: 20,500,000 US$2000: 27,300,000 US$2001: 22,300,000 US$2002: 51,000,000 US$2003: 99,300,000 US$2004: 153,009,000 US$2005: 201,289,000 US$2006: 218,076,000 US$2007: 278,496,000 US$2008: 273,896,014 US$2009: 262,065,846 US$2010: 367,805,406 US$2011: 412,200,000 US$2012: 469,258,406 US$2013: 328,152,658 US$2014: 329,658,105 US$2015: 302,773,518 US$2016: 322,734,758 US$2017: 322,340,618 US$2018: 333,692,746 US$2019: 380,358,401 US$2020: 441,066,006 US$2021: 553,487,993 US$2022: 539,131,835 US$2023: 545,579,978 US$
Change over the period: +543M (+23,620.87%) Average annual rate: 14.27 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Guyana

Guyana 546M US$
World 796B US$
South America computed 28.76B US$
High-income countries computed 194B US$
Remittances received — Guyana, by year Guyana All countries CSV XLSX
Year US$ Change Change, %
2023 546M +6.45M +1.2%
2022 539M −14.36M −2.59%
2021 553M +112M +25.49%
2020 441M +60.71M +15.96%
2019 380M +46.67M +13.98%
2018 334M +11.35M +3.52%
2017 322M −394,140 −0.12%
2016 323M +19.96M +6.59%
2015 303M −26.88M −8.16%
2014 330M +1.51M +0.46%
2013 328M −141M −30.07%
2012 469M +57.06M +13.84%
2011 412M +44.39M +12.07%
2010 368M +106M +40.35%
2009 262M −11.83M −4.32%
2008 274M −4.6M −1.65%
2007 278M +60.42M +27.71%
2006 218M +16.79M +8.34%
2005 201M +48.28M +31.55%
2004 153M +53.71M +54.09%
2003 99.3M +48.3M +94.71%
2002 51M +28.7M +128.7%
2001 22.3M −5M −18.32%
2000 27.3M +6.8M +33.17%
1999 20.5M +6.5M +46.43%
1998 14M −1M −6.67%
1997 15M +400,000 +2.74%
1996 14.6M +12.9M +758.82%
1995 1.7M +360,000 +26.87%
1994 1.34M +130,000 +10.74%
1993 1.21M +190,000 +18.63%
1992 1.02M
1984 2.61M +1.44M +123.71%
1983 1.17M −1.13M −49.28%
1982 2.3M

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.