Guyana's transport services (% of service imports, BoP) was 12.78% in 2023, the latest year in the World Bank's World Development Indicators. That is down 18.92 percentage points from 31.7% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 12.78% | 2023 |
| Five years earlier | 27.12% | 2018 |
| Ten years earlier | 31.7% | 2013 |
| Highest | 57% | 1977 |
| Lowest | 10.95% | 2022 |
| Average since 2014 | 24.56% | 2014–2023 |
| First recorded | 57% | 1977 |
What the numbers say
In 2023, Guyana's transport services (% of service imports, BoP) rose 1.84 percentage points on 2022 (from 10.95% to 12.78%).
Across the 30 yearly changes before that (1993 to 2022), the average change was −1.25 percentage points and a typical year strayed about 6.26 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 13.59 percentage points in 2017 and the biggest yearly fall was 12.42 percentage points in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is downward, about 2.63 percentage points a year. A straight line explains 72% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Guyana had the 11th highest value of the 12 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Guyana | 12.78% | 2023 |
| World | 18.72% | 2025 |
| Latin America & Caribbean | 27.95% | 2025 |
| High income | 17.29% | 2025 |
Closest to Guyana in the 2023 ranking
- Lebanon — 8th of 12: 21.91%
- Aruba — 9th of 12: 14.31%
- Sint Maarten (Dutch part) — 10th of 12: 13.48%
- Curaçao — 12th of 12: 12.02%
What this measures
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 41 values
| Year | Transport services (% of service imports, BoP) |
|---|---|
| 2023 | 12.78 |
| 2022 | 10.95 |
| 2021 | 23.36 |
| 2020 | 14.84 |
| 2019 | 25.96 |
| 2018 | 27.12 |
| 2017 | 37.82 |
| 2016 | 24.23 |
| 2015 | 32.79 |
| 2014 | 35.72 |
| 2013 |
Transport services (% of service imports, BoP) in nearby economies
- Antigua and Barbuda — 21.26% (2025)
- Argentina — 19.91% (2025)
- Aruba — 14.31% (2023)
- Bahamas, The — 21.66% (2024)
- Barbados — 15.75% (2017)
- Belize — 31.91% (2025)
- Bolivia — 33.7% (2025)
- Brazil — 20.63% (2025)
- Chile — 35.06% (2025)
- Colombia — 24.49% (2025)
More economic policy & debt data for Guyana
- Total reserves, including gold (current US$) — US$1.36 billion (2025)
- Total reserves, excluding gold (current US$) — US$1.36 billion (2025)
- Agriculture, forestry, and fishing, value added (current US$) — US$2.1 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 436.98 billion (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) — US$1.62 billion (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) — 363.35 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 7.73% (2025)
- Manufacturing, value added (current US$) — US$514.49 million (2025)
- Manufacturing, value added (current LCU)
Reading data like this
Questions people ask
- What is Guyana's transport services (% of service imports, BoP)?
- 12.78% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is down 44.22 percentage points from 57% in 1977. The highest value was 57% in 1977 and the lowest 10.95% in 2022.
- How does Guyana rank?
- 11th highest of 12 economies with data for 2023.
- Is the latest change in transport services (% of service imports, BoP) unusual for Guyana?
- In 2023, Guyana's transport services (% of service imports, BoP) rose 1.84 percentage points on 2022 (from 10.95% to 12.78%). Across the 30 yearly changes before that (1993 to 2022), the average change was −1.25 percentage points and a typical year strayed about 6.26 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.GSR.TRAN.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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