Guyana recorded a Current Account deficit of 25.50 percent of the country's Gross Domestic Product in 2021. source: Bank of Guyana

Current Account to GDP in Guyana averaged -12.41 percent of GDP from 1977 until 2021, reaching an all time high of 1.50 percent of GDP in 2016 and a record low of -53.30 percent of GDP in 2019. This page provides - Guyana Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guyana Current Account to GDP - values, historical data and charts - was last updated on June of 2023.

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Guyana Current Account to GDP

Related Last Previous Unit Reference
Balance of Trade 2307.20 2772.70 USD Million Dec 2022
Current Account to GDP -25.50 -16.40 percent of GDP Dec 2021
Current Account -1660.30 -822.90 USD Million Dec 2021
Exports 3237.90 3708.70 USD Million Dec 2022
Imports 930.70 935.90 USD Million Dec 2022
External Debt 1571873.00 1507707.00 USD Thousand Dec 2022

Guyana Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-25.50 -16.40 1.50 -53.30 1977 - 2021 percent of GDP Yearly