Annual growth rate of real GDP per capita (%) in Guatemala
Guatemala: Annual growth rate of real GDP per capita (%) was 2.1% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Guatemala, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Guatemala is 2.1%, measured in 2024.
Compared with earlier readings it is up 5.0% on the previous year and down 16.0% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Guatemala peaked at 6.6% in 2021 and was at its lowest, -3.2%, in 2020.
Guatemala ranks 112th of 228 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.
Annual growth rate of real GDP per capita (%) in Guatemala, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.2% | — |
| 2001 | 0.0% | -100.0% |
| 2002 | 1.5% | — |
| 2003 | 0.2% | -86.7% |
| 2004 | 0.9% | +350.0% |
| 2005 | 1.0% | +11.1% |
| 2006 | 3.2% | +220.0% |
| 2007 | 4.1% | +28.1% |
| 2008 | 1.2% | -70.7% |
| 2009 | -1.5% | -225.0% |
| 2010 | 0.9% | -160.0% |
| 2011 | 2.1% | +133.3% |
| 2012 | 0.9% | -57.1% |
| 2013 | 1.7% | +88.9% |
| 2014 | 2.5% | +47.1% |
| 2015 | 2.2% | -12.0% |
| 2016 | 0.8% | -63.6% |
| 2017 | 1.2% | +50.0% |
| 2018 | 1.7% | +41.7% |
| 2019 | 2.4% | +41.2% |
| 2020 | -3.2% | -233.3% |
| 2021 | 6.6% | -306.2% |
| 2022 | 2.7% | -59.1% |
| 2023 | 2.0% | -25.9% |
| 2024 | 2.1% | +5.0% |
Guatemala compared with similar countries
- Guatemala's 2.1% is below the median for upper middle income countries, which is 2.9%, 72% of the median. (55 countries reporting)
- Guatemala's 2.1% is below the median for Latin America & Caribbean, which is 2.2%, 98% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | -1.5% | 4.1% | 10 |
| 2010s | 1.6% | 0.8% | 2.5% | 10 |
| 2020s | 2.0% | -3.2% | 6.6% | 5 |
Countries ranked near Guatemala
- 112 Chile 2.1% compare
- 112 El Salvador 2.1% compare
- 112 Republic of Korea 2.1% compare
- 112 Suriname 2.1% compare
- 112 Tonga 2.1% compare
- 112 South Korea 2.1% compare
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 growth rate of real gdp per capita in Guatemala?
- Annual growth rate of real gdp per capita in Guatemala was 2.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Guatemala?
- The highest recorded value was 6.6% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Guatemala?
- The lowest recorded value was -3.2% in 2020.
- How does Guatemala rank for annual growth rate of real gdp per capita?
- Guatemala ranks 112th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Guatemala?
- Over the last ten years it is down 16.0%. The long-run trend across the full record is volatile.
- Where does this Guatemala data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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