Gross National Income — Value Standard Local Currency, annual growth in Guatemala

Guatemala: Gross National Income — Value Standard Local Currency, annual growth was 10.4 % change on previous year in 2023. ◆ Volatile

Latest (2023)
10.4 % change on previous year
Change on year
down 7.1%
World rank
84th
of 231 countries
All-time high
44.72 % change on previous year
in 1990
All-time low
1.05 % change on previous year
in 2020
Years of data
53
1971–2023

Gross National Income — Value Standard Local Currency, annual growth in Guatemala, 1971–2023

010203040197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Guatemala recorded 10.4 % change on previous year for gross national income — value standard local currency, annual growth in 2023.

Compared with earlier readings it is down 7.1% on the previous year and up 39.3% over ten years.

Over the whole period, gross national income — value standard local currency, annual growth in Guatemala peaked at 44.72 % change on previous year in 1990 and was at its lowest, 1.05 % change on previous year, in 2020.

Guatemala ranks 84th of 231 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 National Income — Value Standard Local Currency, annual growth in Guatemala, year by year

Annual values for Gross National Income — Value Standard Local Currency, annual growth rate in Guatemala, 1971 to 2023.
Year % change on previous year Change
1971 4.24 % change on previous year
1972 5.83 % change on previous year +37.5%
1973 22.75 % change on previous year +290.1%
1974 23.4 % change on previous year +2.8%
1975 14.97 % change on previous year -36.0%
1976 19.98 % change on previous year +33.4%
1977 26.95 % change on previous year +34.9%
1978 10.94 % change on previous year -59.4%
1979 14.01 % change on previous year +28.0%
1980 13.33 % change on previous year -4.9%
1981 8.91 % change on previous year -33.1%
1982 1.07 % change on previous year -88.0%
1983 3.96 % change on previous year +269.3%
1984 3.66 % change on previous year -7.6%
1985 17.12 % change on previous year +367.8%
1986 41.97 % change on previous year +145.2%
1987 11.92 % change on previous year -71.6%
1988 16.45 % change on previous year +37.9%
1989 15.28 % change on previous year -7.1%
1990 44.72 % change on previous year +192.6%
1991 39.7 % change on previous year -11.2%
1992 14.48 % change on previous year -63.5%
1993 18.35 % change on previous year +26.8%
1994 16.44 % change on previous year -10.4%
1995 14.11 % change on previous year -14.2%
1996 11.69 % change on previous year -17.2%
1997 13.12 % change on previous year +12.2%
1998 15.62 % change on previous year +19.0%
1999 8.75 % change on previous year -44.0%
2000 10.6 % change on previous year +21.2%
2001 10.71 % change on previous year +1.0%
2002 9.53 % change on previous year -11.0%
2003 7.18 % change on previous year -24.7%
2004 9.51 % change on previous year +32.5%
2005 9.27 % change on previous year -2.5%
2006 10.85 % change on previous year +17.0%
2007 12.25 % change on previous year +12.9%
2008 13.12 % change on previous year +7.1%
2009 3.49 % change on previous year -73.4%
2010 8.18 % change on previous year +134.1%
2011 10.77 % change on previous year +31.6%
2012 7.38 % change on previous year -31.5%
2013 7.47 % change on previous year +1.2%
2014 7.11 % change on previous year -4.8%
2015 6.66 % change on previous year -6.3%
2016 5.85 % change on previous year -12.1%
2017 4.78 % change on previous year -18.2%
2018 4.81 % change on previous year +0.5%
2019 7.98 % change on previous year +65.9%
2020 1.05 % change on previous year -86.9%
2021 10.7 % change on previous year +922.1%
2022 11.2 % change on previous year +4.7%
2023 10.4 % change on previous year -7.1%

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, annual growth 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
2021 +922.1% 1.05 % change on previous year 10.7 % change on previous year
1985 +367.8% 3.66 % change on previous year 17.12 % change on previous year
1973 +290.1% 5.83 % change on previous year 22.75 % change on previous year
1983 +269.3% 1.07 % change on previous year 3.96 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.9 % change on previous year 4.24 % change on previous year 26.95 % change on previous year 9
1980s 13.37 % change on previous year 1.07 % change on previous year 41.97 % change on previous year 10
1990s 19.7 % change on previous year 8.75 % change on previous year 44.72 % change on previous year 10
2000s 9.65 % change on previous year 3.49 % change on previous year 13.12 % change on previous year 10
2010s 7.1 % change on previous year 4.78 % change on previous year 10.77 % change on previous year 10
2020s 8.34 % change on previous year 1.05 % change on previous year 11.2 % change on previous year 4

Countries ranked near Guatemala

  1. 81 Aruba 10.59 % change on previous year compare
  2. 82 Honduras 10.57 % change on previous year compare
  3. 83 Georgia 10.5 % change on previous year compare
  4. 85 United Republic of Tanzania 10.34 % change on previous year compare
  5. 86 Saint Vincent and the Grenadines 10.29 % change on previous year compare
  6. 87 Palau 10.27 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Guatemala

All data for Guatemala →

Frequently asked questions

What is gross national income — value standard local currency, annual growth in Guatemala?
Gross national income — value standard local currency, annual growth in Guatemala was 10.4 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, annual growth recorded in Guatemala?
The highest recorded value was 44.72 % change on previous year in 1990.
What is the lowest gross national income — value standard local currency, annual growth recorded in Guatemala?
The lowest recorded value was 1.05 % change on previous year in 2020.
How does Guatemala rank for gross national income — value standard local currency, annual growth?
Guatemala ranks 84th out of 231 countries with data for 2023.
Is gross national income — value standard local currency, annual growth rising or falling in Guatemala?
Over the last ten years it is up 39.3%. The long-run trend across the full record is volatile.
Where does this Guatemala data come from?
The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, annual growth in Guatemala. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-annual-growth-rate/guatemala/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross National Income — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,164 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.