Value of imported goods as a share of GDP in Guatemala
Guatemala: Value of imported goods as a share of GDP was 28.7% in 2024. ▲ Rising
Value of imported goods as a share of GDP in Guatemala, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, value of imported goods as a share of gdp in Guatemala stood at 28.7%.
Compared with earlier readings it is down 1.3% on the previous year and down 9.1% over ten years.
Over the whole period, value of imported goods as a share of gdp in Guatemala peaked at 39.9% in 2007 and was at its lowest, 10.5%, in 1962.
That places Guatemala 116th out of 201 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Value of imported goods as a share of GDP in Guatemala, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 11.2% | — |
| 1961 | 10.7% | -4.7% |
| 1962 | 10.5% | -1.6% |
| 1963 | 11.5% | +9.1% |
| 1964 | 13.5% | +17.1% |
| 1965 | 15.1% | +12.1% |
| 1966 | 13.3% | -11.9% |
| 1967 | 15.1% | +13.4% |
| 1968 | 13.6% | -9.5% |
| 1969 | 12.8% | -5.9% |
| 1970 | 13.2% | +3.0% |
| 1971 | 13.4% | +1.3% |
| 1972 | 13.8% | +3.1% |
| 1973 | 14.9% | +7.7% |
| 1974 | 19.9% | +33.9% |
| 1975 | 18.2% | -8.3% |
| 1976 | 17.5% | -4.2% |
| 1977 | 17.6% | +0.5% |
| 1978 | 19.1% | +8.8% |
| 1979 | 19.6% | +2.4% |
| 1980 | 18.9% | -3.7% |
| 1981 | 17.8% | -5.8% |
| 1982 | 14.8% | -16.8% |
| 1983 | 11.8% | -20.1% |
| 1984 | 12.6% | +7.1% |
| 1985 | 11.2% | -11.7% |
| 1986 | 12.2% | +9.3% |
| 1987 | 18.8% | +53.8% |
| 1988 | 18.2% | -3.2% |
| 1989 | 18.1% | -0.2% |
| 1990 | 21.8% | +20.5% |
| 1991 | 19.7% | -9.6% |
| 1992 | 23.9% | +21.3% |
| 1993 | 22.0% | -8.2% |
| 1994 | 19.9% | -9.4% |
| 1995 | 22.0% | +10.4% |
| 1996 | 19.7% | -10.2% |
| 1997 | 23.2% | +17.7% |
| 1998 | 28.4% | +22.4% |
| 1999 | 30.4% | +7.0% |
| 2000 | 26.0% | -14.5% |
| 2001 | 30.1% | +15.7% |
| 2002 | 37.1% | +23.4% |
| 2003 | 37.2% | +0.1% |
| 2004 | 39.0% | +5.0% |
| 2005 | 38.4% | -1.6% |
| 2006 | 39.5% | +3.0% |
| 2007 | 39.9% | +1.1% |
| 2008 | 37.3% | -6.5% |
| 2009 | 30.6% | -18.1% |
| 2010 | 33.3% | +8.8% |
| 2011 | 34.9% | +4.8% |
| 2012 | 33.9% | -2.9% |
| 2013 | 32.7% | -3.4% |
| 2014 | 31.6% | -3.6% |
| 2015 | 28.3% | -10.3% |
| 2016 | 25.7% | -9.2% |
| 2017 | 25.6% | -0.3% |
| 2018 | 26.7% | +4.2% |
| 2019 | 25.7% | -3.6% |
| 2020 | 23.4% | -9.1% |
| 2021 | 30.7% | +31.3% |
| 2022 | 33.6% | +9.2% |
| 2023 | 29.1% | -13.4% |
| 2024 | 28.7% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.7% | 10.5% | 15.1% | 10 |
| 1970s | 16.7% | 13.2% | 19.9% | 10 |
| 1980s | 15.4% | 11.2% | 18.9% | 10 |
| 1990s | 23.1% | 19.7% | 30.4% | 10 |
| 2000s | 35.5% | 26.0% | 39.9% | 10 |
| 2010s | 29.8% | 25.6% | 34.9% | 10 |
| 2020s | 29.1% | 23.4% | 33.6% | 5 |
Countries ranked near Guatemala
- 113 Guyana 29.1% compare
- 114 Uzbekistan 29.0% compare
- 115 Denmark 28.9% compare
- 117 Azerbaijan 28.3% compare
- 118 Tajikistan 28.2% compare
- 119 Barbados 28.2% compare
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)
- Total reserves minus gold (current US$), annual growth rate 29.75 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2508 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,655 current US$ per person (2025)
- General government final consumption expenditure (current US$) 14.52 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1146 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 755.93 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 13.36 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.8799 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Guatemala?
- Value of imported goods as a share of gdp in Guatemala was 28.7% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Guatemala?
- The highest recorded value was 39.9% in 2007.
- What is the lowest value of imported goods as a share of gdp recorded in Guatemala?
- The lowest recorded value was 10.5% in 1962.
- How does Guatemala rank for value of imported goods as a share of gdp?
- Guatemala ranks 116th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Guatemala?
- Over the last ten years it is down 9.1%. The long-run trend across the full record is rising.
- Where does this Guatemala data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).