Current account balance as a share of GDP in Guatemala
Guatemala: Current account balance as a share of GDP was 2.9% in 2024. ◆ Volatile
Current account balance as a share of GDP in Guatemala, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, current account balance as a share of gdp in Guatemala stood at 2.9%.
The figure is down 6.2% on the previous year and up 187.6% over ten years.
Over the whole period, current account balance as a share of gdp in Guatemala peaked at 5.0% in 2020 and was at its lowest, -6.8%, in 2001.
Guatemala ranks 55th of 193 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 share of GDP in Guatemala, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -5.4% | — |
| 2001 | -6.8% | +25.2% |
| 2002 | -6.0% | -11.3% |
| 2003 | -4.8% | -20.2% |
| 2004 | -4.9% | +2.5% |
| 2005 | -4.6% | -6.3% |
| 2006 | -5.1% | +10.6% |
| 2007 | -5.3% | +3.9% |
| 2008 | -4.0% | -24.2% |
| 2009 | 0.2% | -104.7% |
| 2010 | -1.9% | -1094.7% |
| 2011 | -3.4% | +78.3% |
| 2012 | -3.7% | +10.4% |
| 2013 | -4.2% | +13.4% |
| 2014 | -3.3% | -21.8% |
| 2015 | -1.2% | -62.4% |
| 2016 | 1.0% | -177.4% |
| 2017 | 1.2% | +25.0% |
| 2018 | 0.9% | -25.8% |
| 2019 | 2.4% | +165.2% |
| 2020 | 5.0% | +113.6% |
| 2021 | 2.2% | -56.9% |
| 2022 | 1.2% | -46.1% |
| 2023 | 3.1% | +163.2% |
| 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
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)
- Services, value added (constant LCU), per capita 21,295 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.39 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.03 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9346 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 6,167 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.93 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 7.18 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 47,362 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Guatemala?
- Current account balance as a share of gdp in Guatemala was 2.9% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Guatemala?
- The highest recorded value was 5.0% in 2020.
- What is the lowest current account balance as a share of gdp recorded in Guatemala?
- The lowest recorded value was -6.8% in 2001.
- How does Guatemala rank for current account balance as a share of gdp?
- Guatemala ranks 55th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Guatemala?
- Over the last ten years it is up 187.6%. The long-run trend across the full record is volatile.
- Where does this Guatemala data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).