71104 v2 Guyana: Trade At-A-Glance Dec-08 2007 GDP 2007 GDP 2007 Share 2007 Trade Membership No. of RTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $1,109 $1,498 0.01% $2,439 1966 1995 2 1 Guyana TRADE PERFORMANCE ‡ LAC Ranking Decile TP Lower mid inc TRADE POLICY (TP) (out of 125) 112 9 EXTERNAL ENVIRONMENT (EE) (out of 126) 91 8 TO EE INSTITUTIONAL ENVIRONMENT (IE) (out of 181) 105 6 TRADE FACILITATION (TF) (out of 151) 142 10 TRADE OUTCOME (TO) (out of 161) 104 7 TF IE ‡ Rankings are based on the "representative" indicators (in bold) in each group below for the latest year Outer bound represents best value in latest year TRADE POLICY (TP)  1995-99^ 2000-04^ 2005-07^ Latest^ Trade Tariff Restrictiveness Index (MFN applied tariffs)& .. 13.4 13.4 * TTRI (applied tariffs including preferences) & .. 13.4 13.4 * TTRI Overall TRI (OTRI, applied tariffs incl. prefs.+NTMs)& .. .. .. (MFN) Other trade policy indicators MFN applied tariff - simple avg (%) 21.9 13.4 11.1 11.1 * Applied Dispersion (coefficient of variation) 0.7 1.1 1.1 1.1 * tariff (wgt avg) Maximum rate 100.0 100.0 100.0 100.0 * Agriculture - simple avg (%) 27.7 22.0 21.1 21.1 * Import Nonagriculture - simple avg (%) 20.2 11.9 9.6 9.6 * duties MFN applied tariff - trade weighted avg (%) 17.0 12.6 9.8 9.8 * MFN zero-duty imports (% in total imports) 10.6 9.2 9.8 9.8 * Applied tariff (incl. prefs.) - trade weighted avg (%) 17.0 12.6 8.0 8.0 * Nontariff measures Agriculture 20.3 20.7 9.4 9.4 * Nonagriculture 15.9 11.1 7.7 7.7 * 0 10 20 30 40 50 Applied tariff (incl. prefs.) - production weighted avg (%) .. .. .. LAC Lower mid inc Guyana Applied tariff (incl. prefs.) escalation (finished% minus raw%) .. -3.4 -3.4 * Agriculture .. 2.3 7.3 7.3 * Nonagriculture .. 3.6 -3.2 -3.2 * Import duties (% of imports) .. .. .. .. Services commit. Tariff overhang (MFN bound less MFN applied rate,%) 34.8 42.6 45.6 45.6 * Bound tariff frequency ratio (% of total lines) 100.0 100.0 100.0 100.0 * Specific tariffs frequency ratio (%) 56.2 14.5 0.0 0.0 * 0 40 80 Non-tariff measures frequency ratio (%) .. .. .. .. LAC Lower mid inc Guyana Overall GATS commitment index (0-100, best) .. 10.3 10.3 EXTERNAL ENVIRONMENT (EE)  1995-99^ 2000-04^ 2005-07^ Latest^ MA-TTRI (applied tariffs incl. prefs.)& 2.3 1.5 * MA-OTRI (applied tariffs incl. prefs.+NTMs)& 17.8 19.9 * MA-TTRI Other external environment indicators ROW applied tariff (incl. prefs.) - weighted avg (%) 25.8 14.2 15.8 2.6 * MFN duty free Agriculture 74.3 42.2 51.1 8.7 * (exports) Nonagriculture 1.1 1.9 1.0 1.3 * MFN zero-duty exports (% of total exports) 50.3 53.7 52.5 51.9 * Value of prefer Exports with FTA / CU partners (% of total exports) 9.8 16.8 16.2 15.9 * Preferences (EU+U.S.) utilization rate (%) .. .. 99.8 99.6 * 0 1 Lowest Highest Preferences (EU+U.S.) actual value (% of exports) .. .. 22.7 21.9 * LAC Lower mid inc Guyana Real effective exchange rate (% change,+ =apprec.) 0.1 -0.4 2.7 -1.4 ^ Indicators shown are period averages, incl. growth rates. Latest indicates 2008; when not available, 2006 or 2007 is used(noted by *). For more infor., see User's Guide at http://www.worldbank.org/wti2008. ŸMFN: most favored nation; NTM: nontariff measures; MA: market access; ROW: rest of the world; FTA: free trade agreement; CU: customs union; WTO: World Trade Organization GATT: General Agreement on Tariffs and Trade; WGI: World Government Indicators; ".." indicates missing value; RTA/EIA: regional trade arrangement / economic integration arrangement; & 2007 are preliminary estimates Guyana Trade At-A-Glance Dec-08 INSTITUTIONAL ENVIRONMENT (IE) 2004 2006 2007 2008 Ease of Doing Business (rank out of 181) .. .. 95 105 Starting a business (rank) .. .. 90 100 Enforcing contracts (rank) .. .. 75 100 Ease of Doing Closing a business (rank) .. 126 73 Business Other institutional environment indicators WGI - Regulatory Quality (-2.5 to +2.5, best) -0.23 -0.14 -0.09 .. 0 80 160 WGI - Rule of Law (-2.5 to +2.5, best) -0.56 -0.64 -0.57 .. LAC Lower mid inc Guyana WGI - Control of Corruption (-2.5 to +2.5, best) -0.49 -0.61 -0.64 .. TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-07^ Latest^ Logistics Performance Index (LPI, 1 to 5 best) .. .. 2.0 2.0 * Efficiency of customs and other border procedures .. .. 2.0 2.0 * Logistic Index Quality of transport and IT infrastructures .. .. 1.8 1.8 * International transportation costs .. .. 1.8 1.8 * Logistics competence .. .. 2.0 2.0 * Trading Trackability of shipments .. .. 2.4 2.4 * Across Borders Domestic transportation costs .. .. 3.5 3.5 * Timeliness of shipment .. .. 2.5 2.5 * Other trade facilitation indicators UNCTAD Shipping Doing Business - Trading Across Borders (rank out of 181) .. 106 113 No. of documents required for exports .. .. 7 7 No. of days process required for exports .. .. 20 21 Telephones Cost to export (US$ per container) .. .. 850 1,050 per 100 No. of documents required for imports .. .. 8 8 No. of days process required for imports .. .. 35 35 Secondary Cost to import (US$ per container) .. .. 856 1,056 enrollment Liner shipping connectivity index (0-100 best) .. .. 4.5 4.3 Telephones and mobiles per 100 people 7.6 25.2 52.9 .. 0 Lowest 1 Highest Average cost of 3-minute call to U.S. (US$) 4.2 .. .. .. LAC Lower mid inc Guyana Internet usage (per 100 people) 1.1 15.2 23.7 25.7 * Secondary gross school enrollment (%) 82.5 94.8 104.3 104.6 * * TRADE OUTCOME (TO) ## 1995-99^ 2000-04^ 2005-07^ Latest^ Real growth in trade of goods and services (%) 2.0 -1.1 3.8 5.1 12 10.1 Exports 2.4 -1.6 2.9 4.3 10 8.8 8.9 8 7.7 7.9 Imports 1.6 -0.7 4.8 5.8 6 6.1 5.0 5.1 Other trade outcome indicators 4 3.7 3.8 Trade integration (trade as % of GDP) 201.8 193.7 191.2 213.5 2 2.0 0 FDI inflow (% of GDP) 8.0 6.2 8.3 4.2 1995-99 2000-04-1.1 2005-07 2008 -2 World trade share growth (%) -3.9 -6.4 -7.4 4.9 Trade Growth Rate Exports -2.8 -6.7 -10.4 4.7 Guyana LAC Lower mid inc Imports -4.8 -6.0 -4.7 5.1 Merchandise share in total exports (%) 79.3 75.5 79.9 83.1 Exports Share (2005-07) Agriculture 47.7 49.0 56.6 56.2 * Manufacturing 10.3 16.4 14.5 15.2 * Service, 20.1 Mining, fuel and others 21.1 10.1 8.3 8.7 * Service share in total exports (%) 20.7 24.5 20.1 16.6 Tourism 13.4 7.1 5.0 5.0 * Mining, 8.3 Agric, Transportation 1.7 1.2 1.1 1.1 * 56.6 Other services 5.6 16.3 14.5 13.8 * Manuf, Export product concentration index (0 to 100, highest) 38.3 32.6 31.2 29.3 * 14.5 Export market concentration index (0 to 100, highest) 42.3 40.3 33.4 33.6 * Top 5 exports share (% of merchandise exports) .. .. 64.7 66.8 * Top 5 exports (SITC Rev. 2; 3 digit) ( 971) Gold (061) Sugar, molasses , honey (285) Aluminium ores and concentrates ( 042) Rice ( 892) Printed matter ^ Indicators shown are period averages, incl. growth rates. Latest indicates 2008; when not available, 2006 or 2007 is used (noted by *). For more info., see User's Guide at http://www.worldbank.org/wti2008 ## Most outcome indicators (mostly through 2007) are from the WDI (World Bank, Data Group), UNCTAD or COMTRADE; for filling gaps and 2008, data from the Prospects Group are used.