Gross domestic product (GDP) in Guatemala
Guatemala: Gross domestic product (GDP) was 146.22 billion international-$ in 2011 prices in 2022. ◆ Volatile
Gross domestic product (GDP) in Guatemala, 1920–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Guatemala is 146.22 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 103 years on record.
Compared with earlier readings it is up 4.0% on the previous year and up 41.3% over ten years.
Over the whole period, gross domestic product (gdp) in Guatemala peaked at 146.22 billion international-$ in 2011 prices in 2022 and was at its lowest, 3.24 billion international-$ in 2011 prices, in 1920.
That places Guatemala 76th out of 166 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Guatemala, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1920 | 3.24 billion international-$ in 2011 prices | — |
| 1921 | 3.56 billion international-$ in 2011 prices | +9.8% |
| 1922 | 3.36 billion international-$ in 2011 prices | -5.6% |
| 1923 | 3.69 billion international-$ in 2011 prices | +10.0% |
| 1924 | 3.99 billion international-$ in 2011 prices | +8.1% |
| 1925 | 3.91 billion international-$ in 2011 prices | -1.9% |
| 1926 | 3.95 billion international-$ in 2011 prices | +1.0% |
| 1927 | 4.21 billion international-$ in 2011 prices | +6.5% |
| 1928 | 4.31 billion international-$ in 2011 prices | +2.2% |
| 1929 | 4.81 billion international-$ in 2011 prices | +11.6% |
| 1930 | 5.01 billion international-$ in 2011 prices | +4.3% |
| 1931 | 4.67 billion international-$ in 2011 prices | -6.8% |
| 1932 | 4.09 billion international-$ in 2011 prices | -12.4% |
| 1933 | 4.14 billion international-$ in 2011 prices | +1.1% |
| 1934 | 4.68 billion international-$ in 2011 prices | +13.1% |
| 1935 | 5.40 billion international-$ in 2011 prices | +15.6% |
| 1936 | 7.42 billion international-$ in 2011 prices | +37.3% |
| 1937 | 7.28 billion international-$ in 2011 prices | -1.9% |
| 1938 | 7.48 billion international-$ in 2011 prices | +2.8% |
| 1939 | 8.42 billion international-$ in 2011 prices | +12.6% |
| 1940 | 9.62 billion international-$ in 2011 prices | +14.2% |
| 1941 | 10.13 billion international-$ in 2011 prices | +5.4% |
| 1942 | 10.26 billion international-$ in 2011 prices | +1.3% |
| 1943 | 6.84 billion international-$ in 2011 prices | -33.3% |
| 1944 | 6.63 billion international-$ in 2011 prices | -3.1% |
| 1945 | 6.74 billion international-$ in 2011 prices | +1.6% |
| 1946 | 7.98 billion international-$ in 2011 prices | +18.4% |
| 1947 | 8.09 billion international-$ in 2011 prices | +1.4% |
| 1948 | 8.37 billion international-$ in 2011 prices | +3.4% |
| 1949 | 9.15 billion international-$ in 2011 prices | +9.4% |
| 1950 | 9.87 billion international-$ in 2011 prices | +7.8% |
| 1951 | 10.00 billion international-$ in 2011 prices | +1.4% |
| 1952 | 10.21 billion international-$ in 2011 prices | +2.1% |
| 1953 | 10.59 billion international-$ in 2011 prices | +3.7% |
| 1954 | 10.78 billion international-$ in 2011 prices | +1.8% |
| 1955 | 11.05 billion international-$ in 2011 prices | +2.5% |
| 1956 | 12.06 billion international-$ in 2011 prices | +9.1% |
| 1957 | 12.74 billion international-$ in 2011 prices | +5.7% |
| 1958 | 13.34 billion international-$ in 2011 prices | +4.7% |
| 1959 | 13.99 billion international-$ in 2011 prices | +4.9% |
| 1960 | 14.33 billion international-$ in 2011 prices | +2.5% |
| 1961 | 14.95 billion international-$ in 2011 prices | +4.3% |
| 1962 | 15.47 billion international-$ in 2011 prices | +3.5% |
| 1963 | 16.95 billion international-$ in 2011 prices | +9.6% |
| 1964 | 17.74 billion international-$ in 2011 prices | +4.6% |
| 1965 | 18.51 billion international-$ in 2011 prices | +4.4% |
| 1966 | 19.53 billion international-$ in 2011 prices | +5.5% |
| 1967 | 20.33 billion international-$ in 2011 prices | +4.1% |
| 1968 | 22.12 billion international-$ in 2011 prices | +8.8% |
| 1969 | 23.16 billion international-$ in 2011 prices | +4.7% |
| 1970 | 24.49 billion international-$ in 2011 prices | +5.7% |
| 1971 | 25.85 billion international-$ in 2011 prices | +5.6% |
| 1972 | 27.75 billion international-$ in 2011 prices | +7.4% |
| 1973 | 29.63 billion international-$ in 2011 prices | +6.8% |
| 1974 | 31.53 billion international-$ in 2011 prices | +6.4% |
| 1975 | 32.14 billion international-$ in 2011 prices | +2.0% |
| 1976 | 34.52 billion international-$ in 2011 prices | +7.4% |
| 1977 | 37.21 billion international-$ in 2011 prices | +7.8% |
| 1978 | 39.07 billion international-$ in 2011 prices | +5.0% |
| 1979 | 40.91 billion international-$ in 2011 prices | +4.7% |
| 1980 | 42.45 billion international-$ in 2011 prices | +3.8% |
| 1981 | 42.72 billion international-$ in 2011 prices | +0.6% |
| 1982 | 41.22 billion international-$ in 2011 prices | -3.5% |
| 1983 | 40.15 billion international-$ in 2011 prices | -2.6% |
| 1984 | 40.36 billion international-$ in 2011 prices | +0.5% |
| 1985 | 40.12 billion international-$ in 2011 prices | -0.6% |
| 1986 | 40.16 billion international-$ in 2011 prices | +0.1% |
| 1987 | 41.60 billion international-$ in 2011 prices | +3.6% |
| 1988 | 43.21 billion international-$ in 2011 prices | +3.9% |
| 1989 | 44.91 billion international-$ in 2011 prices | +3.9% |
| 1990 | 46.31 billion international-$ in 2011 prices | +3.1% |
| 1991 | 47.63 billion international-$ in 2011 prices | +2.8% |
| 1992 | 50.27 billion international-$ in 2011 prices | +5.6% |
| 1993 | 52.49 billion international-$ in 2011 prices | +4.4% |
| 1994 | 54.32 billion international-$ in 2011 prices | +3.5% |
| 1995 | 56.77 billion international-$ in 2011 prices | +4.5% |
| 1996 | 58.48 billion international-$ in 2011 prices | +3.0% |
| 1997 | 61.05 billion international-$ in 2011 prices | +4.4% |
| 1998 | 64.14 billion international-$ in 2011 prices | +5.1% |
| 1999 | 66.91 billion international-$ in 2011 prices | +4.3% |
| 2000 | 68.73 billion international-$ in 2011 prices | +2.7% |
| 2001 | 70.40 billion international-$ in 2011 prices | +2.4% |
| 2002 | 73.30 billion international-$ in 2011 prices | +4.1% |
| 2003 | 75.39 billion international-$ in 2011 prices | +2.8% |
| 2004 | 78.14 billion international-$ in 2011 prices | +3.7% |
| 2005 | 80.92 billion international-$ in 2011 prices | +3.6% |
| 2006 | 85.24 billion international-$ in 2011 prices | +5.3% |
| 2007 | 90.51 billion international-$ in 2011 prices | +6.2% |
| 2008 | 93.39 billion international-$ in 2011 prices | +3.2% |
| 2009 | 93.77 billion international-$ in 2011 prices | +0.4% |
| 2010 | 96.39 billion international-$ in 2011 prices | +2.8% |
| 2011 | 100.33 billion international-$ in 2011 prices | +4.1% |
| 2012 | 103.49 billion international-$ in 2011 prices | +3.1% |
| 2013 | 107.10 billion international-$ in 2011 prices | +3.5% |
| 2014 | 111.86 billion international-$ in 2011 prices | +4.4% |
| 2015 | 116.44 billion international-$ in 2011 prices | +4.1% |
| 2016 | 119.55 billion international-$ in 2011 prices | +2.7% |
| 2017 | 123.24 billion international-$ in 2011 prices | +3.1% |
| 2018 | 127.44 billion international-$ in 2011 prices | +3.4% |
| 2019 | 132.53 billion international-$ in 2011 prices | +4.0% |
| 2020 | 130.20 billion international-$ in 2011 prices | -1.8% |
| 2021 | 140.59 billion international-$ in 2011 prices | +8.0% |
| 2022 | 146.22 billion international-$ in 2011 prices | +4.0% |
Guatemala compared with similar countries
- Guatemala's 146.22 billion international-$ in 2011 prices is above the median for upper middle income countries, which is 146.22 billion international-$ in 2011 prices, 1.0× the median. (47 countries reporting)
- Guatemala's 146.22 billion international-$ in 2011 prices is above the median for Latin America & Caribbean, which is 82.25 billion international-$ in 2011 prices, 1.8× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) 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.
| Year | Change | From | To |
|---|---|---|---|
| 1943 | -33.3% | 10.26 billion international-$ in 2011 prices | 6.84 billion international-$ in 2011 prices |
| 1936 | +37.3% | 5.40 billion international-$ in 2011 prices | 7.42 billion international-$ in 2011 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1920s | 3.90 billion international-$ in 2011 prices | 3.24 billion international-$ in 2011 prices | 4.81 billion international-$ in 2011 prices | 10 |
| 1930s | 5.86 billion international-$ in 2011 prices | 4.09 billion international-$ in 2011 prices | 8.42 billion international-$ in 2011 prices | 10 |
| 1940s | 8.38 billion international-$ in 2011 prices | 6.63 billion international-$ in 2011 prices | 10.26 billion international-$ in 2011 prices | 10 |
| 1950s | 11.46 billion international-$ in 2011 prices | 9.87 billion international-$ in 2011 prices | 13.99 billion international-$ in 2011 prices | 10 |
| 1960s | 18.31 billion international-$ in 2011 prices | 14.33 billion international-$ in 2011 prices | 23.16 billion international-$ in 2011 prices | 10 |
| 1970s | 32.31 billion international-$ in 2011 prices | 24.49 billion international-$ in 2011 prices | 40.91 billion international-$ in 2011 prices | 10 |
| 1980s | 41.69 billion international-$ in 2011 prices | 40.12 billion international-$ in 2011 prices | 44.91 billion international-$ in 2011 prices | 10 |
| 1990s | 55.84 billion international-$ in 2011 prices | 46.31 billion international-$ in 2011 prices | 66.91 billion international-$ in 2011 prices | 10 |
| 2000s | 80.98 billion international-$ in 2011 prices | 68.73 billion international-$ in 2011 prices | 93.77 billion international-$ in 2011 prices | 10 |
| 2010s | 113.84 billion international-$ in 2011 prices | 96.39 billion international-$ in 2011 prices | 132.53 billion international-$ in 2011 prices | 10 |
| 2020s | 139.00 billion international-$ in 2011 prices | 130.20 billion international-$ in 2011 prices | 146.22 billion international-$ in 2011 prices | 3 |
Countries ranked near Guatemala
- 73 Angola 158.35 billion international-$ in 2011 prices compare
- 74 Slovakia 150.36 billion international-$ in 2011 prices compare
- 75 Venezuela 149.68 billion international-$ in 2011 prices compare
- 77 Ghana 145.43 billion international-$ in 2011 prices compare
- 78 Bulgaria 138.39 billion international-$ in 2011 prices compare
- 79 Tunisia 129.46 billion international-$ in 2011 prices 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 865.22 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 47.01 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 11.98 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0163 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 100.4 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 34.17 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Guatemala?
- Gross domestic product (gdp) in Guatemala was 146.22 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Guatemala?
- The highest recorded value was 146.22 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Guatemala?
- The lowest recorded value was 3.24 billion international-$ in 2011 prices in 1920.
- How does Guatemala rank for gross domestic product (gdp)?
- Guatemala ranks 76th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Guatemala?
- Over the last ten years it is up 41.3%. The long-run trend across the full record is volatile.
- Where does this Guatemala data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.