Annual GDP growth in Guatemala
Guatemala: Annual GDP growth was 3.7% in 2024. ▲ Rising
Latest (2024)
3.7%
Change on year
up 3.4%
World rank
82nd
of 196 countries
All-time high
8.0%
in 2021
All-time low
-1.8%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Guatemala, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual gdp growth in Guatemala stood at 3.7%.
The figure is up 3.4% on the previous year and down 17.8% over ten years.
Over the whole period, annual gdp growth in Guatemala peaked at 8.0% in 2021 and was at its lowest, -1.8%, in 2020.
Guatemala ranks 82nd of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Annual GDP growth in Guatemala, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.6% | — |
| 2001 | 2.3% | -35.4% |
| 2002 | 3.8% | +64.6% |
| 2003 | 2.6% | -33.3% |
| 2004 | 3.1% | +22.6% |
| 2005 | 3.3% | +4.4% |
| 2006 | 5.4% | +63.4% |
| 2007 | 6.3% | +18.4% |
| 2008 | 3.3% | -48.0% |
| 2009 | 0.5% | -85.5% |
| 2010 | 2.9% | +504.8% |
| 2011 | 4.2% | +44.4% |
| 2012 | 3.0% | -28.6% |
| 2013 | 3.7% | +24.2% |
| 2014 | 4.4% | +20.3% |
| 2015 | 4.1% | -7.9% |
| 2016 | 2.7% | -34.6% |
| 2017 | 3.1% | +15.0% |
| 2018 | 3.4% | +10.6% |
| 2019 | 4.0% | +17.9% |
| 2020 | -1.8% | -144.4% |
| 2021 | 8.0% | -550.4% |
| 2022 | 4.2% | -48.0% |
| 2023 | 3.5% | -15.6% |
| 2024 | 3.7% | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | 0.5% | 6.3% | 10 |
| 2010s | 3.5% | 2.7% | 4.4% | 10 |
| 2020s | 3.5% | -1.8% | 8.0% | 5 |
Countries ranked near Guatemala
More economy & growth data for Guatemala
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.86 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate 11.64 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9632 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 6,355 current US$ per person (2025)
- GNI (current US$), annual growth rate 9.17 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9881 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 6,519 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.07 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 7.59 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Guatemala?
- Annual gdp growth in Guatemala was 3.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Guatemala?
- The highest recorded value was 8.0% in 2021.
- What is the lowest annual gdp growth recorded in Guatemala?
- The lowest recorded value was -1.8% in 2020.
- How does Guatemala rank for annual gdp growth?
- Guatemala ranks 82nd out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Guatemala?
- Over the last ten years it is down 17.8%. The long-run trend across the full record is rising.
- Where does this Guatemala data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).