| BALANCE OF PAYMENTS | |||||||||||
| (US$ Million) | |||||||||||
| Item | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 |
| Jan-Sep | |||||||||||
| CURRENT ACCOUNT BALANCE | -137.9 | -100.8 | -94.9 | -53.8 | -91.1 | -98.5 | -75.2 | -109.2 | -128.8 | -106.7 | -72.3 |
| Merchandise Trade | |||||||||||
| Exports f.o.b. | 414.0 | 463.4 | 495.7 | 574.8 | 593.4 | 547.0 | 525.0 | 505.2 | 490.3 | 494.9 | 364.1 |
| Imports f.o.b. | -483.8 | -504.0 | -536.5 | -595.0 | -627.6 | -601.2 | -550.2 | -585.4 | -584.1 | -563.1 | -423.2 |
| Trade Balance | -69.8 | -40.6 | -40.8 | -20.2 | -34.2 | -54.2 | -25.2 | -80.2 | -93.8 | -68.2 | -59.1 |
| Net Services and unrequited Transfers | -68.1 | -60.2 | -54.1 | -33.6 | -56.9 | -44.3 | -50.0 | -29.0 | -35.0 | -38.5 | -13.2 |
| Non Factor Services (net) | -3.3 | -9.2 | -7.1 | -22.3 | -23.2 | -32.1 | -31.1 | -23.9 | -20.4 | -23.5 | -18.1 |
| Factor Services (net) | -93.8 | -83.0 | -86.0 | -52.3 | -73.7 | -56.2 | -57.9 | -52.1 | -58.6 | -55.0 | -35.0 |
| Transfers | 29.0 | 32.0 | 39.0 | 41.0 | 40.0 | 44.0 | 39.0 | 47.0 | 44.0 | 40.0 | 39.9 |
| CAPITAL ACCOUNT BALANCE | 78.1 | 22.9 | 28.0 | 59.5 | 125.7 | 81.8 | 68.2 | 137.8 | 116.4 | 88.7 | 47.8 |
| 1. Capital Transfer | 0.0 | 0.0 | 0.0 | 618.0 | 23.7 | 13.1 | 15.5 | 16.3 | 31.9 | 33.7 | 25.2 |
| 2. Medium and Long Term Capital (net) | 71.7 | 26.7 | 26.2 | -552.9 | 90.0 | 69.9 | 78.5 | 119.5 | 95.4 | 63.3 | 38.8 |
| 1. Public Sector | 8.4 | -20.1 | -27.2 | -611.9 | 38.0 | 23.9 | 32.5 | 52.4 | 39.4 | 19.7 | 12.7 |
| A. Cent'l. Gov't. and Non-Financial Public Sector (net) | 4.0 | -30.3 | -32.7 | 6.1 | 38.0 | 13.9 | 22.5 | 42.4 | 39.4 | 19.7 | 12.7 |
| Disbursements | 54.0 | 28.0 | 30.5 | 40.2 | 67.0 | 59.7 | -23.5 | 66.1 | 65.8 | 45.3 | 36.2 |
| Amortization | -50.0 | -58.3 | -63.2 | -34.1 | -29.0 | -45.8 | 46.0 | -23.7 | -26.4 | -25.6 | -23.5 |
| 2. Private Sector (net) | 63.3 | 46.8 | 53.4 | 59.0 | 52.0 | 46.0 | 46.0 | 67.1 | 56.0 | 43.6 | 26.1 |
| 3. Other 1 | 4.4 | 10.2 | 5.5 | -618.0 | 0.0 | 10.0 | 10.0 | 10.0 | - | - | - |
| Short Term Capital (net) 2 | 6.4 | -3.8 | 1.8 | -5.6 | 12.0 | -1.2 | -25.8 | 2.0 | -10.9 | -8.3 | -16.2 |
| ERRORS AND OMISSIONS | 10.1 | 14.0 | -2.0 | -7.1 | -30.6 | -6.0 | 2.6 | 13.9 | 0.3 | -7.1 | -6.3 |
| OVERALL BALANCE | -49.7 | -63.9 | -68.9 | -1.4 | 4.0 | -22.7 | -4.4 | 42.5 | -12.1 | -25.1 | -30.8 |
| FINANCING | 49.7 | 63.9 | 68.9 | 1.4 | -4.0 | 22.7 | 4.4 | -42.5 | 12.1 | 25.1 | 30.8 |
| Change in Net Foreign Assets of Bank of Guyana | |||||||||||
| (-increase) 3 | -39.7 | -27.8 | 2.3 | -14.0 | 3.0 | 22.7 | -10.3 | -61.1 | -16.6 | -4.1 | 17.1 |
| Change in Non-Financial Public Sector arrears 4 | 0.0 | 0.0 | 0.0 | 0.0 | -25.0 | 0.0 | - | - | - | - | - |
| Change in Private Sector Commercial arrears | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - |
| Exceptional Financing | 14.7 | 18.6 | 28.7 | 29.2 | 13.7 | ||||||
| Debt Relief | 44.6 | 66.1 | 57.4 | 0.0 | 0.0 | 0.0 | - | 21.3 | 28.7 | 29.2 | - |
| Debt Stock Restructuring | 0.0 | 0.0 | 0.0 | 0.0 | 18.0 | 0.0 | - | - | - | - | 13.7 |
| Balance of Payments Support | 44.8 | 25.6 | 9.2 | 15.4 | 0.0 | 0.0 | - | -2.7 | - | - | - |
| Debt Forgiveness | 14.7 | - | - | - | - | ||||||
| Source : Bank of Guyana and Bureau of Statistics | |||||||||||
| 1 Includes sales of assets. | |||||||||||
| 2 Includes changes in Net Foreign Assets of Commercial Banks | |||||||||||
| 3 Includes valuation changes | |||||||||||
| 4 Includes arrears on non-financial public sector medium and long term debt. | |||||||||||
| Last updated: 22/3/2004 | |||||||||||