Gross domestic product (GDP) in Guatemala
Guatemala: Gross domestic product (GDP) was 221.29 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Guatemala, 1950–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Guatemala recorded 221.29 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023. That is the highest value across all 74 years on record.
Compared with earlier readings it is up 4.3% on the previous year and up 69.3% over ten years.
Over the whole period, gross domestic product (gdp) in Guatemala peaked at 221.29 billion international-$ in 2021 prices in 2023 and was at its lowest, 7.91 billion international-$ in 2021 prices, in 1950.
That places Guatemala 72nd out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 9.11 billion international-$ in 2021 prices | 7.91 billion international-$ in 2021 prices | 11.09 billion international-$ in 2021 prices | 10 |
| 1960s | 14.16 billion international-$ in 2021 prices | 11.37 billion international-$ in 2021 prices | 17.69 billion international-$ in 2021 prices | 10 |
| 1970s | 24.28 billion international-$ in 2021 prices | 18.77 billion international-$ in 2021 prices | 30.69 billion international-$ in 2021 prices | 10 |
| 1980s | 34.10 billion international-$ in 2021 prices | 32.20 billion international-$ in 2021 prices | 38.58 billion international-$ in 2021 prices | 10 |
| 1990s | 52.21 billion international-$ in 2021 prices | 40.66 billion international-$ in 2021 prices | 65.41 billion international-$ in 2021 prices | 10 |
| 2000s | 86.65 billion international-$ in 2021 prices | 69.06 billion international-$ in 2021 prices | 106.04 billion international-$ in 2021 prices | 10 |
| 2010s | 146.05 billion international-$ in 2021 prices | 111.86 billion international-$ in 2021 prices | 180.35 billion international-$ in 2021 prices | 10 |
| 2020s | 204.52 billion international-$ in 2021 prices | 180.04 billion international-$ in 2021 prices | 221.29 billion international-$ in 2021 prices | 4 |
Countries ranked near Guatemala
- 69 New Zealand 243.95 billion international-$ in 2021 prices compare
- 70 Tanzania 230.60 billion international-$ in 2021 prices compare
- 71 Angola 227.17 billion international-$ in 2021 prices compare
- 73 Oman 220.51 billion international-$ in 2021 prices compare
- 74 Ghana 214.89 billion international-$ in 2021 prices compare
- 75 Azerbaijan 210.94 billion international-$ in 2021 prices compare
More economy & growth data for Guatemala
- External balance on goods and services as a percent of GDP -15.4% (2025)
- Inflation of consumer prices 1.5% (2025)
- GDP per capita 4,688 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.2% (2025)
- Gross domestic product (GDP) 87.61 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,688 constant 2015 US$ (2025)
- DEC alternative conversion factor 7.68 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 201.77 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 26.27 billion current US$ (2025)
- Taxes less subsidies on products 61.91 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Guatemala?
- Gross domestic product (gdp) in Guatemala was 221.29 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Guatemala?
- The highest recorded value was 221.29 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Guatemala?
- The lowest recorded value was 7.91 billion international-$ in 2021 prices in 1950.
- How does Guatemala rank for gross domestic product (gdp)?
- Guatemala ranks 72nd out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Guatemala?
- Over the last ten years it is up 69.3%. The long-run trend across the full record is volatile.
- Where does this Guatemala data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.