Insurance and Financial Services (As % of Service Imports, BoP) rose 4.46% to 1.16% in Guyana in 2023

Insurance and Financial Services (As % of Service Imports, BoP) (%), 2023
Insurance | Guyana | September 1, 2025
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Insurance and financial services as a percentage of service imports from the balance of payment rose 4.46% to 1.16% in Guyana in 2023, according to the National Central Bank / OECD.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Guyana reached an all time high of 15.4% in 2003 and an all time low of 1.11% in 2022.

Guyana has been ranked 144th within the group of 149 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 115 places below the position seen 10 years ago.

Insurance and Financial Services (As % of Service Imports, BoP) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Bolivia % 5.96% 6.13% 10.4% 6.88% 7.95% ...
Brazil % 2.57% 3.15% 3.86% 4.53% 3.64%
Colombia % 14.4% 15.9% 25.5% 19.5% 10.4%
Guyana % 6.06% 5.36% 2.18% 3.41% 1.11% ...
Peru % 8.82% 8.61% 11.0% 8.39% 8.16%
Puerto Rico % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Suriname % ... 4.73% 3.05% 4.47% 5.68% 4.40%
Trinidad and Tobago % 13.2% 15.3% 22.2% 18.1% 36.9%
Venezuela % ... ... ... ... ... ... ... ...