Gross Domestic Product — Value US$ in Guatemala
Guatemala: Gross Domestic Product — Value US$ was 113,288 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Guatemala, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Guatemala recorded 113,288 million USD for gross domestic product — value us$ in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 8.5% on the previous year and up 95.8% over ten years.
Over the whole period, gross domestic product — value us$ in Guatemala peaked at 113,288 million USD in 2024 and was at its lowest, 1,670 million USD, in 1970.
Guatemala ranks 76th of 236 countries on this measure, 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$ in Guatemala, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,670 million USD | — |
| 1971 | 1,741 million USD | +4.2% |
| 1972 | 1,844 million USD | +5.9% |
| 1973 | 2,254 million USD | +22.3% |
| 1974 | 2,774 million USD | +23.0% |
| 1975 | 3,199 million USD | +15.3% |
| 1976 | 3,830 million USD | +19.7% |
| 1977 | 4,808 million USD | +25.5% |
| 1978 | 5,326 million USD | +10.8% |
| 1979 | 6,056 million USD | +13.7% |
| 1980 | 6,913 million USD | +14.1% |
| 1981 | 7,552 million USD | +9.2% |
| 1982 | 7,648 million USD | +1.3% |
| 1983 | 7,940 million USD | +3.8% |
| 1984 | 8,309 million USD | +4.6% |
| 1985 | 9,809 million USD | +18.1% |
| 1986 | 7,411 million USD | -24.4% |
| 1987 | 6,215 million USD | -16.1% |
| 1988 | 6,881 million USD | +10.7% |
| 1989 | 7,379 million USD | +7.2% |
| 1990 | 6,712 million USD | -9.0% |
| 1991 | 8,252 million USD | +23.0% |
| 1992 | 9,160 million USD | +11.0% |
| 1993 | 10,002 million USD | +9.2% |
| 1994 | 11,391 million USD | +13.9% |
| 1995 | 12,858 million USD | +12.9% |
| 1996 | 13,847 million USD | +7.7% |
| 1997 | 15,604 million USD | +12.7% |
| 1998 | 17,016 million USD | +9.0% |
| 1999 | 16,071 million USD | -5.6% |
| 2000 | 16,923 million USD | +5.3% |
| 2001 | 18,406 million USD | +8.8% |
| 2002 | 20,447 million USD | +11.1% |
| 2003 | 21,570 million USD | +5.5% |
| 2004 | 23,585 million USD | +9.3% |
| 2005 | 26,779 million USD | +13.5% |
| 2006 | 29,751 million USD | +11.1% |
| 2007 | 33,572 million USD | +12.8% |
| 2008 | 38,515 million USD | +14.7% |
| 2009 | 37,135 million USD | -3.6% |
| 2010 | 40,682 million USD | +9.6% |
| 2011 | 46,898 million USD | +15.3% |
| 2012 | 49,589 million USD | +5.7% |
| 2013 | 52,996 million USD | +6.9% |
| 2014 | 57,852 million USD | +9.2% |
| 2015 | 62,186 million USD | +7.5% |
| 2016 | 66,053 million USD | +6.2% |
| 2017 | 71,654 million USD | +8.5% |
| 2018 | 73,328 million USD | +2.3% |
| 2019 | 77,172 million USD | +5.2% |
| 2020 | 77,720 million USD | +0.7% |
| 2021 | 86,479 million USD | +11.3% |
| 2022 | 95,630 million USD | +10.6% |
| 2023 | 104,451 million USD | +9.2% |
| 2024 | 113,288 million USD | +8.5% |
Guatemala compared with similar countries
- Guatemala's 113,288 million USD is above the median for upper middle income countries, which is 44,912 million USD, 2.5× the median. (54 countries reporting)
- Guatemala's 113,288 million USD is above the median for Latin America & Caribbean, which is 24,901 million USD, 4.5× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,350 million USD | 1,670 million USD | 6,056 million USD | 10 |
| 1980s | 7,605 million USD | 6,215 million USD | 9,809 million USD | 10 |
| 1990s | 12,091 million USD | 6,712 million USD | 17,016 million USD | 10 |
| 2000s | 26,668 million USD | 16,923 million USD | 38,515 million USD | 10 |
| 2010s | 59,841 million USD | 40,682 million USD | 77,172 million USD | 10 |
| 2020s | 95,514 million USD | 77,720 million USD | 113,288 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)
- SDRs holdings, US dollar, annual growth rate 4.78 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 38.64 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.2199 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0043 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 28.22 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0042 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Guatemala?
- Gross domestic product — value us$ in Guatemala was 113,288 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Guatemala?
- The highest recorded value was 113,288 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Guatemala?
- The lowest recorded value was 1,670 million USD in 1970.
- How does Guatemala rank for gross domestic product — value us$?
- Guatemala ranks 76th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Guatemala?
- Over the last ten years it is up 95.8%. 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$. 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).