Gross domestic product (GDP) in Guatemala

Guatemala: Gross domestic product (GDP) was 146.22 billion international-$ in 2011 prices in 2022. ◆ Volatile

Latest (2022)
146.22 billion international-$ in 2011 prices
Change on year
up 4.0%
World rank
76th
of 166 countries
All-time high
146.22 billion international-$ in 2011 prices
in 2022
All-time low
3.24 billion international-$ in 2011 prices
in 1920
Years of data
103
1920–2022

Gross domestic product (GDP) in Guatemala, 1920–2022

050.0B100.0B150.0B192019712022

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

Annual values for Gross domestic product (GDP) in Guatemala, 1920 to 2022.
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.

YearChange FromTo
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

DecadeAverage LowestHighest 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

  1. 73 Angola 158.35 billion international-$ in 2011 prices compare
  2. 74 Slovakia 150.36 billion international-$ in 2011 prices compare
  3. 75 Venezuela 149.68 billion international-$ in 2011 prices compare
  4. 77 Ghana 145.43 billion international-$ in 2011 prices compare
  5. 78 Bulgaria 138.39 billion international-$ in 2011 prices compare
  6. 79 Tunisia 129.46 billion international-$ in 2011 prices compare

See the full ranking of 166 places →

More economy & growth data for Guatemala

All data for Guatemala →

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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Gross domestic product (GDP) in Guatemala. Statizoid, drawing on Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gdp-maddison-project-database/guatemala/

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About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2011 prices
Source
Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 15,675 data points, 1000–2022
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.