Expense in Guatemala
Guatemala: Expense was 13.5% in 2023. ▲ Rising
Expense in Guatemala, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Guatemala is 13.5%, measured in 2023.
The figure is down 3.5% on the previous year and up 3.7% over ten years.
Over the whole period, expense in Guatemala peaked at 15.0% in 2020 and was at its lowest, 7.6%, in 1995.
That places Guatemala 139th out of 157 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Expense in Guatemala, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 9.1% | — |
| 1991 | 8.2% | -10.6% |
| 1992 | 9.6% | +17.9% |
| 1993 | 8.6% | -10.3% |
| 1994 | 7.9% | -7.9% |
| 1995 | 7.6% | -4.8% |
| 1996 | 8.0% | +5.7% |
| 1997 | 8.3% | +3.4% |
| 1998 | 9.4% | +13.9% |
| 1999 | 10.5% | +11.7% |
| 2000 | 10.9% | +4.0% |
| 2001 | 13.4% | +22.5% |
| 2002 | 13.0% | -3.1% |
| 2003 | 14.6% | +12.3% |
| 2004 | 12.9% | -11.6% |
| 2005 | 13.0% | +1.2% |
| 2006 | 13.2% | +1.4% |
| 2007 | 12.7% | -4.3% |
| 2008 | 11.9% | -6.2% |
| 2009 | 12.6% | +6.3% |
| 2010 | 12.9% | +1.9% |
| 2011 | 12.7% | -0.9% |
| 2012 | 13.2% | +3.3% |
| 2013 | 13.0% | -1.1% |
| 2014 | 13.3% | +1.9% |
| 2015 | 12.7% | -4.1% |
| 2016 | 12.8% | +0.5% |
| 2017 | 12.9% | +0.8% |
| 2018 | 13.0% | +0.7% |
| 2019 | 13.1% | +1.1% |
| 2020 | 15.0% | +14.3% |
| 2021 | 13.3% | -11.5% |
| 2022 | 14.0% | +5.4% |
| 2023 | 13.5% | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.7% | 7.6% | 10.5% | 10 |
| 2000s | 12.8% | 10.9% | 14.6% | 10 |
| 2010s | 13.0% | 12.7% | 13.3% | 10 |
| 2020s | 13.9% | 13.3% | 15.0% | 4 |
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)
- GDP (constant 2015 US$), annual growth rate 4.28 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7105 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,688 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.28 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 5.17 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 34,125 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 67.28 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0136 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is expense in Guatemala?
- Expense in Guatemala was 13.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Guatemala?
- The highest recorded value was 15.0% in 2020.
- What is the lowest expense recorded in Guatemala?
- The lowest recorded value was 7.6% in 1995.
- How does Guatemala rank for expense?
- Guatemala ranks 139th out of 157 countries with data for 2023.
- Is expense rising or falling in Guatemala?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
- Where does this Guatemala data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.