Gross Domestic Product — Value US$, 2015 prices in Guatemala
Guatemala: Gross Domestic Product — Value US$, 2015 prices was 83,991 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Guatemala, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Guatemala recorded 83,991 million USD for gross domestic product — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 40.6% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Guatemala peaked at 83,991 million USD in 2024 and was at its lowest, 13,084 million USD, in 1970.
That places Guatemala 70th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Guatemala, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 13,084 million USD | — |
| 1971 | 13,815 million USD | +5.6% |
| 1972 | 14,828 million USD | +7.3% |
| 1973 | 15,834 million USD | +6.8% |
| 1974 | 16,843 million USD | +6.4% |
| 1975 | 17,172 million USD | +2.0% |
| 1976 | 18,440 million USD | +7.4% |
| 1977 | 19,880 million USD | +7.8% |
| 1978 | 20,873 million USD | +5.0% |
| 1979 | 21,857 million USD | +4.7% |
| 1980 | 22,676 million USD | +3.7% |
| 1981 | 22,827 million USD | +0.7% |
| 1982 | 22,017 million USD | -3.5% |
| 1983 | 21,455 million USD | -2.6% |
| 1984 | 21,557 million USD | +0.5% |
| 1985 | 21,430 million USD | -0.6% |
| 1986 | 21,460 million USD | +0.1% |
| 1987 | 22,220 million USD | +3.5% |
| 1988 | 23,085 million USD | +3.9% |
| 1989 | 23,995 million USD | +3.9% |
| 1990 | 24,740 million USD | +3.1% |
| 1991 | 25,645 million USD | +3.7% |
| 1992 | 26,885 million USD | +4.8% |
| 1993 | 27,942 million USD | +3.9% |
| 1994 | 29,068 million USD | +4.0% |
| 1995 | 30,508 million USD | +5.0% |
| 1996 | 31,406 million USD | +2.9% |
| 1997 | 32,756 million USD | +4.3% |
| 1998 | 34,318 million USD | +4.8% |
| 1999 | 35,741 million USD | +4.1% |
| 2000 | 37,030 million USD | +3.6% |
| 2001 | 37,894 million USD | +2.3% |
| 2002 | 39,359 million USD | +3.9% |
| 2003 | 40,355 million USD | +2.5% |
| 2004 | 41,627 million USD | +3.2% |
| 2005 | 42,984 million USD | +3.3% |
| 2006 | 45,297 million USD | +5.4% |
| 2007 | 48,152 million USD | +6.3% |
| 2008 | 49,732 million USD | +3.3% |
| 2009 | 49,994 million USD | +0.5% |
| 2010 | 51,428 million USD | +2.9% |
| 2011 | 53,569 million USD | +4.2% |
| 2012 | 55,160 million USD | +3.0% |
| 2013 | 57,199 million USD | +3.7% |
| 2014 | 59,741 million USD | +4.4% |
| 2015 | 62,186 million USD | +4.1% |
| 2016 | 63,851 million USD | +2.7% |
| 2017 | 65,818 million USD | +3.1% |
| 2018 | 68,060 million USD | +3.4% |
| 2019 | 70,795 million USD | +4.0% |
| 2020 | 69,531 million USD | -1.8% |
| 2021 | 75,116 million USD | +8.0% |
| 2022 | 78,271 million USD | +4.2% |
| 2023 | 81,032 million USD | +3.5% |
| 2024 | 83,991 million USD | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17,263 million USD | 13,084 million USD | 21,857 million USD | 10 |
| 1980s | 22,272 million USD | 21,430 million USD | 23,995 million USD | 10 |
| 1990s | 29,901 million USD | 24,740 million USD | 35,741 million USD | 10 |
| 2000s | 43,243 million USD | 37,030 million USD | 49,994 million USD | 10 |
| 2010s | 60,781 million USD | 51,428 million USD | 70,795 million USD | 10 |
| 2020s | 77,588 million USD | 69,531 million USD | 83,991 million USD | 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 value added at basic prices (GVA) (current LCU), annual growth 7.93 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 7.18 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 47,362 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.24 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6628 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 4,373 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.24 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 4.82 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Guatemala?
- Gross domestic product — value us$, 2015 prices in Guatemala was 83,991 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Guatemala?
- The highest recorded value was 83,991 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Guatemala?
- The lowest recorded value was 13,084 million USD in 1970.
- How does Guatemala rank for gross domestic product — value us$, 2015 prices?
- Guatemala ranks 70th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 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).