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Guyana Patent Applications

Patent applications by residents  IP.PAT.RESD

Guyana's patent applications was 40 in 2021, ranked 78th globally. This represents a 1,900.0% increase from 2020. Data from World Bank, covering 1983–2021.

40 +38 (+1,900.0%)
Year 2021 Rank #78 Global Peak 40 (2021) Source World Bank

Guyana Patent Applications (1983–2021)

Overview

Guyana's patent applications stood at 40 in 2021, a rise of +38 from 2018. Guyana ranked 78th globally.

Guyana’s patent‑application activity remains modest, with the World Bank reporting only 40.00 filings in 2021, placing the country 78th in the global ranking. This figure represents both the most recent value and the all‑time peak, matching the level first recorded in the earliest year of the series, 1983, when a single application was filed, and surpassing the trough of 1.00 observed in 2016. Over the seven‑year coverage window, the trajectory has been sharply upward, yet the absolute volume lags far behind regional peers such as North Macedonia, which posted 42.00 applications, and Ecuador, with 35.00. The limited scale reflects Guyana’s small domestic market and nascent research‑and‑development ecosystem, which has struggled to generate a pipeline of protectable inventions. Continued investment in higher education, innovation incentives, and collaboration with foreign firms could accelerate patent filing rates, potentially moving Guyana out of the lower tier of global innovators in the coming years.

Data & projection

Year Patent Applications YoY change Rank
2021 40 +38 #78
2018 2 +1 #116
2016 1 +0 #120
2014 1 −8 #110
1986 9 +8 #56
1985 1 +0 #67
1983 1 – #65

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.8% GDP growth 43.8% C/A balance 16.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Guyana matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw patent applications improve within 24 months. View full analysis →

Frequently Asked Questions

What is Guyana's patent applications?▾

Guyana's patent applications was 40 in 2021. Ranked 78th globally. This represents a 1,900.0% increase from the previous year.

What was the highest patent applications in Guyana?▾

Guyana's patent applications peaked at 40 in 2021.

What was the lowest patent applications in Guyana?▾

The lowest patent applications in Guyana was 1 in 1983.

How does Guyana rank in patent applications?▾

Guyana ranks 78th globally in patent applications as of 2021.

What is the World Bank indicator code for patent applications?▾

The World Bank indicator code is IP.PAT.RESD. Data sourced from World Bank.

What is the patent applications of Guyana in 2021?▾

The patent applications of Guyana in 2021 was 40. This ranks 78th in the world.

Cite this page

APA
Guyana Patent Applications. HistorySaid. Retrieved November 13, 2026, from https://historysaid.com/guyana/patents/
BibTeX
@misc{historysaid_guyana_patents, title = {Guyana Patent Applications}, url = {https://historysaid.com/guyana/patents/}, publisher = {HistorySaid}, year = {2026} }
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