Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guatemala
Guatemala: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 642,934 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guatemala, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Guatemala stood at 642,934 million SLC. That is the highest value across all 55 years on record.
That represents a change of up 3.7% on the previous year and up 40.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Guatemala peaked at 642,934 million SLC in 2024 and was at its lowest, 100,158 million SLC, in 1970.
That places Guatemala 96th out of 194 countries with data for 2024, 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 — Value Standard Local Currency, 2015 prices in Guatemala, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 100,158 million SLC | — |
| 1971 | 105,751 million SLC | +5.6% |
| 1972 | 113,505 million SLC | +7.3% |
| 1973 | 121,204 million SLC | +6.8% |
| 1974 | 128,931 million SLC | +6.4% |
| 1975 | 131,445 million SLC | +1.9% |
| 1976 | 141,155 million SLC | +7.4% |
| 1977 | 152,178 million SLC | +7.8% |
| 1978 | 159,782 million SLC | +5.0% |
| 1979 | 167,308 million SLC | +4.7% |
| 1980 | 173,582 million SLC | +3.7% |
| 1981 | 174,739 million SLC | +0.7% |
| 1982 | 168,537 million SLC | -3.5% |
| 1983 | 164,235 million SLC | -2.6% |
| 1984 | 165,012 million SLC | +0.5% |
| 1985 | 164,040 million SLC | -0.6% |
| 1986 | 164,269 million SLC | +0.1% |
| 1987 | 170,090 million SLC | +3.5% |
| 1988 | 176,711 million SLC | +3.9% |
| 1989 | 183,678 million SLC | +3.9% |
| 1990 | 189,377 million SLC | +3.1% |
| 1991 | 196,304 million SLC | +3.7% |
| 1992 | 205,802 million SLC | +4.8% |
| 1993 | 213,887 million SLC | +3.9% |
| 1994 | 222,513 million SLC | +4.0% |
| 1995 | 233,536 million SLC | +5.0% |
| 1996 | 240,408 million SLC | +2.9% |
| 1997 | 250,744 million SLC | +4.3% |
| 1998 | 262,700 million SLC | +4.8% |
| 1999 | 273,589 million SLC | +4.1% |
| 2000 | 283,461 million SLC | +3.6% |
| 2001 | 290,071 million SLC | +2.3% |
| 2002 | 301,287 million SLC | +3.9% |
| 2003 | 308,912 million SLC | +2.5% |
| 2004 | 318,649 million SLC | +3.2% |
| 2005 | 329,037 million SLC | +3.3% |
| 2006 | 346,738 million SLC | +5.4% |
| 2007 | 368,597 million SLC | +6.3% |
| 2008 | 380,692 million SLC | +3.3% |
| 2009 | 382,695 million SLC | +0.5% |
| 2010 | 393,676 million SLC | +2.9% |
| 2011 | 410,060 million SLC | +4.2% |
| 2012 | 422,239 million SLC | +3.0% |
| 2013 | 437,851 million SLC | +3.7% |
| 2014 | 457,309 million SLC | +4.4% |
| 2015 | 476,023 million SLC | +4.1% |
| 2016 | 488,770 million SLC | +2.7% |
| 2017 | 503,823 million SLC | +3.1% |
| 2018 | 520,988 million SLC | +3.4% |
| 2019 | 541,920 million SLC | +4.0% |
| 2020 | 532,244 million SLC | -1.8% |
| 2021 | 575,001 million SLC | +8.0% |
| 2022 | 599,152 million SLC | +4.2% |
| 2023 | 620,283 million SLC | +3.5% |
| 2024 | 642,934 million SLC | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 132,142 million SLC | 100,158 million SLC | 167,308 million SLC | 10 |
| 1980s | 170,489 million SLC | 164,040 million SLC | 183,678 million SLC | 10 |
| 1990s | 228,886 million SLC | 189,377 million SLC | 273,589 million SLC | 10 |
| 2000s | 331,014 million SLC | 283,461 million SLC | 382,695 million SLC | 10 |
| 2010s | 465,266 million SLC | 393,676 million SLC | 541,920 million SLC | 10 |
| 2020s | 593,923 million SLC | 532,244 million SLC | 642,934 million SLC | 5 |
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)
- Gross capital formation (current US$), annual growth rate 11.21 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1677 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,107 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 10.08 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 1.29 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 8,499 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 8.23 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1272 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Guatemala?
- Gross domestic product — value standard local currency, 2015 prices in Guatemala was 642,934 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Guatemala?
- The highest recorded value was 642,934 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Guatemala?
- The lowest recorded value was 100,158 million SLC in 1970.
- How does Guatemala rank for gross domestic product — value standard local currency, 2015 prices?
- Guatemala ranks 96th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Guatemala?
- Over the last ten years it is up 40.6%. The long-run trend across the full record is volatile.
- Where does this Guatemala data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).