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Guyana Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

194.35% −6.37% (-3.2%)
Year 2005 Rank #168 Global Peak 274.97% (1992) Source World Bank

Guyana Trade Openness (1960–2005)

Overview

Guyana's trade openness stood at 194.35% in 2005, a decline of +6.37% from 2004. Guyana ranked 168th globally.

Data & projection

Year Trade Openness YoY change Rank
2005 194.35% −6.37% #168
2004 200.73% +11.56% #165
2003 189.16% −7.56% #165
2002 196.73% −2.85% #164
2001 199.58% −7.19% #160
2000 206.77% +5.71% #160
1999 201.06% −2.78% #158
1998 203.84% −5.29% #158
1997 209.14% −2.20% #159
1996 211.34% −1.99% #159
1995 213.33% −8.74% #159
1994 222.07% −23.30% #150
1993 245.37% −29.60% #146
1992 274.97% +52.36% #143
1991 222.61% +80.04% #140
Show all years (1960-2005)

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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Guyana's trade openness?

Guyana's trade openness was 194.35% in 2005. Ranked 168th globally. This represents a 3.2% decrease from the previous year.

What was the highest trade openness in Guyana?

Guyana's trade openness peaked at 274.97% in 1992.

What was the lowest trade openness in Guyana?

The lowest trade openness in Guyana was 95.52% in 1984.

How does Guyana rank in trade openness?

Guyana ranks 168th globally in trade openness as of 2005.

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the trade openness of Guyana in 2005?

The trade openness of Guyana in 2005 was 194.35%. This ranks 168th in the world.

Cite this page

APA
Guyana Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/guyana/trade-openness
BibTeX
@misc{historysaid_guyana_trade-openness, title = {Guyana Trade Openness}, url = {https://historysaid.com/guyana/trade-openness}, publisher = {HistorySaid}, year = {2026} }