GDP Deflator — Value US$, 2015 prices, annual growth rate in Guatemala

Guatemala: GDP Deflator — Value US$, 2015 prices, annual growth rate was 4.64 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.64 % change on previous year
Change on year
down 15.7%
World rank
55th
of 222 countries
All-time high
18.75 % change on previous year
in 1985
All-time low
-24.55 % change on previous year
in 1986
Years of data
54
1971–2024

GDP Deflator — Value US$, 2015 prices, annual growth rate in Guatemala, 1971–2024

-20-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator — value us$, 2015 prices, annual growth rate in Guatemala stood at 4.64 % change on previous year.

That represents a change of down 15.7% on the previous year and up 2.7% over ten years.

Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Guatemala peaked at 18.75 % change on previous year in 1985 and was at its lowest, -24.55 % change on previous year, in 1986.

That places Guatemala 55th out of 222 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP Deflator — Value US$, 2015 prices, annual growth rate in Guatemala, year by year

Annual values for GDP Deflator — Value US$, 2015 prices, annual growth rate in Guatemala, 1971 to 2024.
Year % change on previous year Change
1971 -1.27 % change on previous year
1972 -1.35 % change on previous year +6.3%
1973 14.49 % change on previous year -1173.6%
1974 15.67 % change on previous year +8.2%
1975 13.12 % change on previous year -16.3%
1976 11.49 % change on previous year -12.4%
1977 16.45 % change on previous year +43.2%
1978 5.49 % change on previous year -66.6%
1979 8.6 % change on previous year +56.5%
1980 10.02 % change on previous year +16.5%
1981 8.52 % change on previous year -15.0%
1982 5 % change on previous year -41.3%
1983 6.53 % change on previous year +30.7%
1984 4.15 % change on previous year -36.4%
1985 18.75 % change on previous year +351.5%
1986 -24.55 % change on previous year -230.9%
1987 -19 % change on previous year -22.6%
1988 6.56 % change on previous year -134.5%
1989 3.17 % change on previous year -51.7%
1990 -11.78 % change on previous year -471.5%
1991 18.61 % change on previous year -258.1%
1992 5.88 % change on previous year -68.4%
1993 5.06 % change on previous year -13.9%
1994 9.47 % change on previous year +87.2%
1995 7.56 % change on previous year -20.2%
1996 4.61 % change on previous year -39.0%
1997 8.04 % change on previous year +74.4%
1998 4.09 % change on previous year -49.2%
1999 -9.31 % change on previous year -327.9%
2000 1.64 % change on previous year -117.6%
2001 6.29 % change on previous year +284.5%
2002 6.95 % change on previous year +10.6%
2003 2.89 % change on previous year -58.5%
2004 6 % change on previous year +107.8%
2005 9.96 % change on previous year +65.9%
2006 5.43 % change on previous year -45.5%
2007 6.15 % change on previous year +13.3%
2008 11.08 % change on previous year +80.2%
2009 -4.09 % change on previous year -136.9%
2010 6.5 % change on previous year -258.9%
2011 10.67 % change on previous year +64.3%
2012 2.69 % change on previous year -74.8%
2013 3.06 % change on previous year +13.9%
2014 4.52 % change on previous year +47.6%
2015 3.27 % change on previous year -27.7%
2016 3.45 % change on previous year +5.6%
2017 5.24 % change on previous year +51.9%
2018 -1.03 % change on previous year -119.7%
2019 1.18 % change on previous year -213.8%
2020 2.54 % change on previous year +115.8%
2021 3 % change on previous year +18.0%
2022 6.12 % change on previous year +104.4%
2023 5.5 % change on previous year -10.2%
2024 4.64 % change on previous year -15.7%

Guatemala compared with similar countries

  • Guatemala's 4.64 % change on previous year is above the median for upper middle income countries, which is 3.03 % change on previous year, 1.5× the median. (51 countries reporting)
  • Guatemala's 4.64 % change on previous year is above the median for Latin America & Caribbean, which is 2.39 % change on previous year, 1.9× the median. (37 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value US$, 2015 prices, annual growth rate 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.

YearChange FromTo
1973 +1173.6% -1.35 % change on previous year 14.49 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.19 % change on previous year -1.35 % change on previous year 16.45 % change on previous year 9
1980s 1.92 % change on previous year -24.55 % change on previous year 18.75 % change on previous year 10
1990s 4.22 % change on previous year -11.78 % change on previous year 18.61 % change on previous year 10
2000s 5.23 % change on previous year -4.09 % change on previous year 11.08 % change on previous year 10
2010s 3.95 % change on previous year -1.03 % change on previous year 10.67 % change on previous year 10
2020s 4.36 % change on previous year 2.54 % change on previous year 6.12 % change on previous year 5

Countries ranked near Guatemala

  1. 52 Mozambique 5.03 % change on previous year compare
  2. 53 Ecuador 5.01 % change on previous year compare
  3. 54 Peru 4.81 % change on previous year compare
  4. 56 Palestine 4.6 % change on previous year compare
  5. 57 Israel 4.59 % change on previous year compare
  6. 58 Comoros 4.54 % change on previous year compare

See the full ranking of 246 places →

More economy & growth data for Guatemala

All data for Guatemala →

Frequently asked questions

What is gdp deflator — value us$, 2015 prices, annual growth rate in Guatemala?
Gdp deflator — value us$, 2015 prices, annual growth rate in Guatemala was 4.64 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Guatemala?
The highest recorded value was 18.75 % change on previous year in 1985.
What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Guatemala?
The lowest recorded value was -24.55 % change on previous year in 1986.
How does Guatemala rank for gdp deflator — value us$, 2015 prices, annual growth rate?
Guatemala ranks 55th out of 222 countries with data for 2024.
Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Guatemala?
Over the last ten years it is up 2.7%. The long-run trend across the full record is volatile.
Where does this Guatemala data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value US$, 2015 prices, annual growth rate in Guatemala. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-us-2015-prices-annual-growth-rate/guatemala/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP Deflator — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
246 places, 12,335 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.