Merchandise trade as a proportion of GDP (%) in Guatemala
Guatemala: Merchandise trade as a proportion of GDP (%) was 41.6% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Guatemala, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Guatemala is 41.6%, measured in 2024.
The figure is down 2.5% on the previous year and down 17.3% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Guatemala peaked at 61.5% in 2004 and was at its lowest, 38.2%, in 2020.
That places Guatemala 152nd out of 220 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Guatemala, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 40.9% | — |
| 2001 | 43.9% | +7.3% |
| 2002 | 57.8% | +31.8% |
| 2003 | 58.3% | +0.9% |
| 2004 | 61.5% | +5.5% |
| 2005 | 59.3% | -3.7% |
| 2006 | 60.3% | +1.7% |
| 2007 | 61.0% | +1.1% |
| 2008 | 57.9% | -5.1% |
| 2009 | 50.5% | -12.8% |
| 2010 | 54.8% | +8.6% |
| 2011 | 57.6% | +5.1% |
| 2012 | 54.4% | -5.6% |
| 2013 | 52.0% | -4.4% |
| 2014 | 50.3% | -3.3% |
| 2015 | 45.5% | -9.4% |
| 2016 | 41.6% | -8.7% |
| 2017 | 41.0% | -1.3% |
| 2018 | 41.6% | +1.3% |
| 2019 | 40.2% | -3.1% |
| 2020 | 38.2% | -5.0% |
| 2021 | 46.7% | +22.1% |
| 2022 | 50.0% | +7.1% |
| 2023 | 42.7% | -14.7% |
| 2024 | 41.6% | -2.5% |
Guatemala compared with similar countries
- Guatemala's 41.6% is below the median for upper middle income countries, which is 56.9%, 73% of the median. (55 countries reporting)
- Guatemala's 41.6% is below the median for Latin America & Caribbean, which is 43.3%, 96% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise trade as a proportion of GDP (%) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +31.8% | 43.9% | 57.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 55.1% | 40.9% | 61.5% | 10 |
| 2010s | 47.9% | 40.2% | 57.6% | 10 |
| 2020s | 43.8% | 38.2% | 50.0% | 5 |
Countries ranked near Guatemala
- 149 Madagascar 42.6% compare
- 150 Dominica 42.2% compare
- 151 Benin 41.9% compare
- 153 Jamaica 41.6% compare
- 154 Saint Lucia 41.4% compare
- 155 New Caledonia 41.1% compare
More economy & growth data for Guatemala
- Real gdp growth, annual growth rate 3.37 % change on previous year (2024)
- 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)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Guatemala?
- Merchandise trade as a proportion of gdp in Guatemala was 41.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Guatemala?
- The highest recorded value was 61.5% in 2004.
- What is the lowest merchandise trade as a proportion of gdp recorded in Guatemala?
- The lowest recorded value was 38.2% in 2020.
- How does Guatemala rank for merchandise trade as a proportion of gdp?
- Guatemala ranks 152nd out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Guatemala?
- Over the last ten years it is down 17.3%. The long-run trend across the full record is falling.
- Where does this Guatemala data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).