Annual gdp growth in Guatemala
Guatemala: Annual gdp growth was 3.53 in 2023. ◆ Volatile
Latest (2023)
3.53
Change on year
down 16.0%
World rank
89th
of 211 countries
All-time high
8.03
in 2021
All-time low
-1.79
in 2020
Years of data
24
2000–2023
Annual gdp growth in Guatemala, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Guatemala is 3.53, measured in 2023.
That represents a change of down 16.0% on the previous year and down 4.3% over ten years.
Over the whole period, annual gdp growth in Guatemala peaked at 8.03 in 2021 and was at its lowest, -1.79, in 2020.
Guatemala ranks 89th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.42 | 0.48 | 6.34 | 10 |
| 2010s | 3.54 | 2.68 | 4.44 | 10 |
| 2020s | 3.49 | -1.79 | 8.03 | 4 |
Countries ranked near Guatemala
More economy & growth data for Guatemala
- External balance on goods and services as a percent of gdp -15.41 (2025)
- Inflation of consumer prices 1.49 (2025)
- Gdp per capita worldbank constant usd 4,688 (2025)
- Manufacturing value added to gdp 13.19 (2025)
- Gdp worldbank constant usd 87.61 billion (2025)
- Gdp per capita in international and market dollars 4,688 (2025)
- DEC alternative conversion factor 7.68 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 201.77 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 26.27 billion current US$ (2025)
- Taxes less subsidies on products 61.91 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Guatemala?
- Annual gdp growth in Guatemala was 3.53 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Guatemala?
- The highest recorded value was 8.03 in 2021.
- What is the lowest annual gdp growth recorded in Guatemala?
- The lowest recorded value was -1.79 in 2020.
- How does Guatemala rank for annual gdp growth?
- Guatemala ranks 89th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Guatemala?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is volatile.
- Where does this Guatemala data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).