Foreign companies involved in oil production in Guyana generated around 1.6 billion U.S. dollars in net earnings in 2022. For 2024, repatriated oil income is expected to amount to around 1.55 billion U.S. dollars. Net repatriated earnings reflect the amount of money remitted after taxes. Oil production has increased exponentially in the country, since oil wells were first tapped in 2019. ExxonMobil is a major stakeholder in the country.
Net income generated by foreign entities through repatriated oil in Guyana from 2020 to 2022, with a forecast until 2028
(in million U.S. dollars)
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IMF. (December 4, 2023). Net income generated by foreign entities through repatriated oil in Guyana from 2020 to 2022, with a forecast until 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1482195/repatriated-oil-earnings-from-guyana/
IMF. "Net income generated by foreign entities through repatriated oil in Guyana from 2020 to 2022, with a forecast until 2028 (in million U.S. dollars)." Chart. December 4, 2023. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1482195/repatriated-oil-earnings-from-guyana/
IMF. (2023). Net income generated by foreign entities through repatriated oil in Guyana from 2020 to 2022, with a forecast until 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1482195/repatriated-oil-earnings-from-guyana/
IMF. "Net Income Generated by Foreign Entities through Repatriated Oil in Guyana from 2020 to 2022, with a Forecast until 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 4 Dec 2023, https://www.statista.com/statistics/1482195/repatriated-oil-earnings-from-guyana/
IMF, Net income generated by foreign entities through repatriated oil in Guyana from 2020 to 2022, with a forecast until 2028 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1482195/repatriated-oil-earnings-from-guyana/ (last visited December 04, 2024)
Net income generated by foreign entities through repatriated oil in Guyana from 2020 to 2022, with a forecast until 2028 (in million U.S. dollars) [Graph], IMF, December 4, 2023. [Online]. Available: https://www.statista.com/statistics/1482195/repatriated-oil-earnings-from-guyana/