Current account balance as a proportion of GDP in Guatemala
Guatemala: Current account balance as a proportion of GDP was 2.9% in 2024. ◆ Volatile
Latest (2024)
2.9%
Change on year
down 6.2%
World rank
58th
of 204 countries
All-time high
5.0%
in 2020
All-time low
-6.8%
in 2001
Years of data
25
2000–2024
Current account balance as a proportion of GDP in Guatemala, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Guatemala recorded 2.9% for current account balance as a proportion of gdp in 2024.
The figure is down 6.2% on the previous year and up 187.5% over ten years.
Over the whole period, current account balance as a proportion of gdp in Guatemala peaked at 5.0% in 2020 and was at its lowest, -6.8%, in 2001.
Guatemala ranks 58th of 204 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.
Current account balance as a proportion of GDP in Guatemala, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -5.4% | — |
| 2001 | -6.8% | +25.1% |
| 2002 | -6.0% | -11.3% |
| 2003 | -4.8% | -20.3% |
| 2004 | -4.9% | +2.5% |
| 2005 | -4.6% | -6.2% |
| 2006 | -5.1% | +10.6% |
| 2007 | -5.3% | +3.8% |
| 2008 | -4.0% | -24.1% |
| 2009 | 0.2% | -104.8% |
| 2010 | -1.9% | -1068.7% |
| 2011 | -3.4% | +78.7% |
| 2012 | -3.7% | +10.5% |
| 2013 | -4.2% | +13.4% |
| 2014 | -3.3% | -21.9% |
| 2015 | -1.2% | -62.3% |
| 2016 | 1.0% | -177.5% |
| 2017 | 1.2% | +24.0% |
| 2018 | 0.9% | -25.9% |
| 2019 | 2.4% | +166.4% |
| 2020 | 5.0% | +113.6% |
| 2021 | 2.2% | -57.0% |
| 2022 | 1.2% | -46.1% |
| 2023 | 3.1% | +163.7% |
| 2024 | 2.9% | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.7% | -6.8% | 0.2% | 10 |
| 2010s | -1.2% | -4.2% | 2.4% | 10 |
| 2020s | 2.9% | 1.2% | 5.0% | 5 |
Countries ranked near Guatemala
- 55 Iraq 3.0% compare
- 56 Russian Federation 2.9% compare
- 56 Russian Federation 2.9% compare
- 59 Oman 2.9% compare
- 60 Israel 2.9% compare
- 61 Trinidad and Tobago 2.5% compare
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)
- Gross capital formation (constant 2015 US$), annual growth rate 8.23 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1272 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 839.24 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 7.34 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.3097 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 2,043 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 6.26 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 2.38 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Guatemala?
- Current account balance as a proportion of gdp in Guatemala was 2.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Guatemala?
- The highest recorded value was 5.0% in 2020.
- What is the lowest current account balance as a proportion of gdp recorded in Guatemala?
- The lowest recorded value was -6.8% in 2001.
- How does Guatemala rank for current account balance as a proportion of gdp?
- Guatemala ranks 58th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Guatemala?
- Over the last ten years it is up 187.5%. 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 Current account balance as a proportion of GDP (%). 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).