Key Market Indicators
Guyanese Electrical Equipment Imports are projected to surge to approximately $153 million by 2028, up from around $133 million in 2023. This represents an average annual growth rate of 2.2%. Notably, since 1997, the demand for electrical equipment in Guyana has climbed by 1.2% each year. On the export front, Guyanese Electrical Equipment Exports are expected to rise modestly to nearly $4 million by 2028, up from about $3.9 million in 2023. This growth reflects a compound annual growth rate (CAGR) of 0.5%. Remarkably, since 2002, the country's supply of electrical equipment has surged by 9.5% annually.
