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Trade openness — all countries

Trade openness — Guyana

Trade openness in Guyana in 2005 — 194.35%. Ranked 7 in the world out of 175. Since 1960, the indicator has risen by 88.66 pp.

2005 194.35% −6.37 pp vs 2004
World rank 7of 175
Period maximum 274.97%1992
Period minimum 95.52%1984

Trend over time

1960–2005 · % of GDP

Trade openness — Guyana, 1960–2005010020030019601965197019751980198519901995200020051960: 105.69%1961: 105.05%1962: 101.53%1963: 109.06%1964: 110.63%1965: 112.91%1966: 115.15%1967: 117.23%1968: 113.38%1969: 114.68%1970: 113.46%1971: 113.1%1972: 116.24%1973: 121.08%1974: 134.76%1975: 149.79%1976: 157.08%1977: 141.98%1978: 126.18%1979: 129.03%1980: 174.93%1981: 161.23%1982: 122.86%1983: 110.46%1984: 95.52%1985: 109.97%1986: 99.52%1987: 170.33%1988: 131.56%1989: 139.87%1990: 142.57%1991: 222.61%1992: 274.97%1993: 245.37%1994: 220.27%1995: 213.33%1996: 211.34%1997: 209.14%1998: 203.84%1999: 201.06%2000: 206.77%2001: 199.58%2002: 196.73%2003: 189.16%2004: 200.73%2005: 194.35%
Change over the period: +88.66 pp Annual average: 1.97 pp

Comparison, 2005

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

Guyana 194.35%
World 56.22%
Latin America & Caribbean 42.51%
South America computed 33.35%
High-income countries computed 51.46%
Trade openness — Guyana, by year Guyana All countries CSV XLSX
Year % Change, pp
2005 194.35 −6.37 pp
2004 200.73 +11.56 pp
2003 189.16 −7.56 pp
2002 196.73 −2.85 pp
2001 199.58 −7.19 pp
2000 206.77 +5.71 pp
1999 201.06 −2.78 pp
1998 203.84 −5.29 pp
1997 209.14 −2.2 pp
1996 211.34 −1.99 pp
1995 213.33 −6.95 pp
1994 220.27 −25.09 pp
1993 245.37 −29.6 pp
1992 274.97 +52.36 pp
1991 222.61 +80.04 pp
1990 142.57 +2.69 pp
1989 139.87 +8.31 pp
1988 131.56 −38.77 pp
1987 170.33 +70.81 pp
1986 99.52 −10.45 pp
1985 109.97 +14.45 pp
1984 95.52 −14.94 pp
1983 110.46 −12.41 pp
1982 122.86 −38.37 pp
1981 161.23 −13.69 pp
1980 174.93 +45.89 pp
1979 129.03 +2.85 pp
1978 126.18 −15.79 pp
1977 141.98 −15.11 pp
1976 157.08 +7.3 pp
1975 149.79 +15.02 pp
1974 134.76 +13.69 pp
1973 121.08 +4.84 pp
1972 116.24 +3.14 pp
1971 113.1 −0.36 pp
1970 113.46 −1.22 pp
1969 114.68 +1.3 pp
1968 113.38 −3.85 pp
1967 117.23 +2.09 pp
1966 115.15 +2.24 pp
1965 112.91 +2.28 pp
1964 110.63 +1.57 pp
1963 109.06 +7.53 pp
1962 101.53 −3.53 pp
1961 105.05 −0.64 pp
1960 105.69 —

South America, 2005

The same indicator for neighboring countries — with links to their pages

GY Guyana 194.35 PY Paraguay 85.02 CL Chile 72.06 BO Bolivia 67.64 EC Ecuador 61.96 UY Uruguay 58.88 PE Peru 47.36 AR Argentina 40.55 CO Colombia 37.42 BR Brazil 27.09 VE Venezuela 0
Full table for all countries

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

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

Other indicators for Guyana

Trade Merchandise trade (% of GDP)

Merchandise exports plus imports as a percent of GDP — without services.

Guyana by year Trade Exports (% of GDP)

How far the economy is oriented toward external markets.

Guyana by year Trade Imports (% of GDP)

How far the economy depends on supplies from abroad.

Guyana by year Trade Trade balance

The difference between exports and imports of goods and services. A minus means imports are larger.

Guyana by year
All indicators for Guyana