Guyana - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Guyana was 63.65 as of 2020. Its highest value over the past 60 years was 95.10 in 1968, while its lowest value was 56.41 in 2012.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 94.89
1961 92.97
1964 90.98
1965 91.95
1966 91.77
1967 93.06
1968 95.10
1969 93.15
1970 82.16
1971 91.98
1972 91.37
1973 91.02
1974 90.61
1975 88.89
1976 89.85
1977 91.88
1978 89.65
1979 89.02
1980 90.82
1981 89.16
1982 88.38
1983 77.89
1984 77.60
1985 74.27
1986 74.27
1987 63.90
1988 71.21
1989 77.84
1990 77.30
1991 79.13
1992 78.01
1993 82.92
1994 77.02
1995 76.68
1996 78.23
1997 78.57
1998 74.75
1999 75.99
2000 73.85
2001 74.17
2002 73.86
2003 79.73
2004 76.99
2005 81.36
2006 80.97
2007 73.89
2008 66.58
2009 71.10
2010 68.42
2011 66.23
2012 56.41
2013 60.59
2014 62.74
2015 70.51
2016 75.75
2017 73.64
2018 75.28
2019 57.56
2020 63.65

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports