Service exports — all countries

Service exports — Guyana

Service exports in Guyana in 2023 — 528,907,197 US$. Ranked 143 in the world out of 179. Since 1977, the indicator has risen by 3,173.6%.

2023 529M US$ +123.11% vs 2022
World rank 143of 179
Period maximum 529M US$2023
Period minimum 16.16M US$1977

Trend over time

1977–2023 · US$

Service exports — Guyana, 1977–20230200M400M600M19771982198719921997200220072012201720221977: 16,156,863 US$1978: 18,156,863 US$1979: 18,549,020 US$1980: 19,764,706 US$1981: 22,968,889 US$1982: 22,600,000 US$1983: 31,533,333 US$1984: 29,230,825 US$1985: 48,002,578 US$1992: 105,852,000 US$1993: 115,325,000 US$1994: 120,715,000 US$1995: 133,475,000 US$1996: 140,100,000 US$1997: 148,100,000 US$1998: 141,800,000 US$1999: 147,000,000 US$2000: 169,300,000 US$2001: 172,000,000 US$2002: 172,300,000 US$2003: 156,800,000 US$2004: 160,893,000 US$2005: 147,866,000 US$2006: 147,644,000 US$2007: 172,897,000 US$2008: 211,880,849 US$2009: 170,307,046 US$2010: 248,050,307 US$2011: 297,598,304 US$2012: 297,769,919 US$2013: 164,690,000 US$2014: 180,840,766 US$2015: 144,839,383 US$2016: 246,114,312 US$2017: 206,285,104 US$2018: 191,665,627 US$2019: 231,056,613 US$2020: 182,982,762 US$2021: 237,743,627 US$2022: 237,066,202 US$2023: 528,907,197 US$
Change over the period: +513M (+3,173.58%) Average annual rate: 7.88 %

Comparison, 2023

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

Guyana 529M US$
World 8.05T US$
South America computed 110B US$
High-income countries computed 6.44T US$
Service exports — Guyana, by year Guyana All countries CSV XLSX
Year US$ Change Change, %
2023 529M +292M +123.11%
2022 237M −677,425 −0.28%
2021 238M +54.76M +29.93%
2020 183M −48.07M −20.81%
2019 231M +39.39M +20.55%
2018 192M −14.62M −7.09%
2017 206M −39.83M −16.18%
2016 246M +101M +69.92%
2015 145M −36M −19.91%
2014 181M +16.15M +9.81%
2013 165M −133M −44.69%
2012 298M +171,615 +0.06%
2011 298M +49.55M +19.97%
2010 248M +77.74M +45.65%
2009 170M −41.57M −19.62%
2008 212M +38.98M +22.55%
2007 173M +25.25M +17.1%
2006 148M −222,000 −0.15%
2005 148M −13.03M −8.1%
2004 161M +4.09M +2.61%
2003 157M −15.5M −9%
2002 172M +300,000 +0.17%
2001 172M +2.7M +1.59%
2000 169M +22.3M +15.17%
1999 147M +5.2M +3.67%
1998 142M −6.3M −4.25%
1997 148M +8M +5.71%
1996 140M +6.63M +4.96%
1995 133M +12.76M +10.57%
1994 121M +5.39M +4.67%
1993 115M +9.47M +8.95%
1992 106M
1985 48M +18.77M +64.22%
1984 29.23M −2.3M −7.3%
1983 31.53M +8.93M +39.53%
1982 22.6M −368,889 −1.61%
1981 22.97M +3.2M +16.21%
1980 19.76M +1.22M +6.55%
1979 18.55M +392,157 +2.16%
1978 18.16M +2M +12.38%
1977 16.16M

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

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