Insurance and financial services as a percentage of service exports from the balance of payment fell 74.0% to 10.4% in Guyana in 2023, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Guyana reached an all time high of 39.9% in 2022 and an all time low of 2.03% in 1997.
Guyana has been ranked 26th within the group of 142 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 7 places above the position seen 10 years ago.
| Insurance and Financial Services (As % of Service Exports, BoP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Bolivia | % | 0.448% | 0.451% | 0.375% | 0.496% | 0.186% | ... | |||||||||||||||
| Brazil | % | 3.85% | 6.00% | 5.13% | 5.83% | 5.75% | ||||||||||||||||
| Colombia | % | 0.817% | 0.978% | 1.86% | 1.35% | 0.820% | ||||||||||||||||
| Guyana | % | 11.6% | 9.24% | 15.4% | 39.1% | 39.9% | ... | |||||||||||||||
| Peru | % | 3.20% | 2.28% | 7.15% | 7.41% | 4.85% | ||||||||||||||||
| Puerto Rico | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Suriname | % | ... | 2.77% | 2.40% | 3.00% | 4.10% | 4.09% | |||||||||||||||
| Trinidad and Tobago | % | 8.74% | 12.5% | 24.0% | 25.8% | 15.3% | ||||||||||||||||
| Venezuela | % | ... | ... | ... | ... | ... | ... | ... | ... |
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