Annual gdp growth in Guatemala
Guatemala: Annual gdp growth was 3.65 in 2024. ▲ Rising
Annual gdp growth in Guatemala, 2000–2024
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Guatemala is 3.65, measured in 2024.
That represents a change of 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 8.04 in 2021 and was at its lowest, -1.79, in 2020.
Guatemala ranks 90th of 212 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 | 3.61 | — |
| 2001 | 2.33 | -35.5% |
| 2002 | 3.84 | +64.8% |
| 2003 | 2.56 | -33.3% |
| 2004 | 3.14 | +22.7% |
| 2005 | 3.28 | +4.5% |
| 2006 | 5.35 | +63.1% |
| 2007 | 6.34 | +18.5% |
| 2008 | 3.29 | -48.1% |
| 2009 | 0.48 | -85.4% |
| 2010 | 2.88 | +500.0% |
| 2011 | 4.16 | +44.4% |
| 2012 | 2.97 | -28.6% |
| 2013 | 3.69 | +24.2% |
| 2014 | 4.44 | +20.3% |
| 2015 | 4.09 | -7.9% |
| 2016 | 2.68 | -34.5% |
| 2017 | 3.08 | +14.9% |
| 2018 | 3.41 | +10.7% |
| 2019 | 4.02 | +17.9% |
| 2020 | -1.79 | -144.5% |
| 2021 | 8.04 | -549.2% |
| 2022 | 4.18 | -48.0% |
| 2023 | 3.53 | -15.6% |
| 2024 | 3.65 | +3.4% |
Guatemala compared with similar countries
- Guatemala's 3.65 is above the median for upper middle income countries, which is 3.5, 1.0× the median. (58 countries reporting)
- Guatemala's 3.65 is above the median for Latin America & Caribbean, which is 3.3, 1.1× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Annual gdp growth in Guatemala changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +549.2% | -1.79 | 8.04 |
| 2010 | +500.0% | 0.48 | 2.88 |
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 | 3.52 | -1.79 | 8.04 | 5 |
Countries ranked near Guatemala
More economy & growth data for Guatemala
- Real gdp growth, annual growth rate 3.37 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.78 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 38.64 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.2199 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0043 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 28.22 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Guatemala?
- Annual gdp growth in Guatemala was 3.65 in 2024, according to Our World in Data.
- What is the highest annual gdp growth recorded in Guatemala?
- The highest recorded value was 8.04 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 90th out of 212 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 Our World in Data, 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 CC BY 4.0 (Our World in Data).