Personal remittances, received in Guatemala
Guatemala: Personal remittances, received was 21.64 billion current US$ in 2024. ◆ Volatile
Personal remittances, received in Guatemala, 1977–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Guatemala recorded 21.64 billion current US$ for personal remittances, received in 2024. That is the highest value across all 48 years on record.
The figure is up 8.3% on the previous year and up 276.3% over ten years.
Over the whole period, personal remittances, received in Guatemala peaked at 21.64 billion current US$ in 2024 and was at its lowest, 100,000 current US$, in 1987.
That places Guatemala 11th out of 197 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Guatemala, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 14.00 million current US$ | — |
| 1978 | 21.60 million current US$ | +54.3% |
| 1979 | 23.60 million current US$ | +9.3% |
| 1980 | 26.20 million current US$ | +11.0% |
| 1981 | 24.50 million current US$ | -6.5% |
| 1982 | 10.70 million current US$ | -56.3% |
| 1983 | 3.90 million current US$ | -63.6% |
| 1984 | 3.40 million current US$ | -12.8% |
| 1985 | 1.00 million current US$ | -70.6% |
| 1986 | 700,000 current US$ | -30.0% |
| 1987 | 100,000 current US$ | -85.7% |
| 1988 | 45.70 million current US$ | +45600.0% |
| 1989 | 85.00 million current US$ | +86.0% |
| 1990 | 118.70 million current US$ | +39.6% |
| 1991 | 178.90 million current US$ | +50.7% |
| 1992 | 230.60 million current US$ | +28.9% |
| 1993 | 240.80 million current US$ | +4.4% |
| 1994 | 284.50 million current US$ | +18.1% |
| 1995 | 357.50 million current US$ | +25.7% |
| 1996 | 375.40 million current US$ | +5.0% |
| 1997 | 408.00 million current US$ | +8.7% |
| 1998 | 456.50 million current US$ | +11.9% |
| 1999 | 465.60 million current US$ | +2.0% |
| 2000 | 596.20 million current US$ | +28.0% |
| 2001 | 633.75 million current US$ | +6.3% |
| 2002 | 1.60 billion current US$ | +152.5% |
| 2003 | 2.15 billion current US$ | +34.2% |
| 2004 | 2.63 billion current US$ | +22.4% |
| 2005 | 3.07 billion current US$ | +16.7% |
| 2006 | 3.70 billion current US$ | +20.7% |
| 2007 | 4.24 billion current US$ | +14.5% |
| 2008 | 4.43 billion current US$ | +4.5% |
| 2009 | 4.00 billion current US$ | -9.6% |
| 2010 | 4.22 billion current US$ | +5.6% |
| 2011 | 4.53 billion current US$ | +7.3% |
| 2012 | 4.97 billion current US$ | +9.5% |
| 2013 | 5.30 billion current US$ | +6.8% |
| 2014 | 5.75 billion current US$ | +8.4% |
| 2015 | 6.48 billion current US$ | +12.7% |
| 2016 | 7.36 billion current US$ | +13.6% |
| 2017 | 8.39 billion current US$ | +14.0% |
| 2018 | 9.44 billion current US$ | +12.4% |
| 2019 | 10.66 billion current US$ | +12.9% |
| 2020 | 11.41 billion current US$ | +7.0% |
| 2021 | 15.41 billion current US$ | +35.1% |
| 2022 | 18.20 billion current US$ | +18.2% |
| 2023 | 19.98 billion current US$ | +9.8% |
| 2024 | 21.64 billion current US$ | +8.3% |
Guatemala compared with similar countries
- Guatemala's 21.64 billion current US$ is above the median for upper middle income countries, which is 1.43 billion current US$, 15.1× the median. (57 countries reporting)
- Guatemala's 21.64 billion current US$ is above the median for Latin America & Caribbean, which is 279.00 million current US$, 77.6× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received in Guatemala changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +45600.0% | 100,000 current US$ | 45.70 million current US$ |
| 2002 | +152.5% | 633.75 million current US$ | 1.60 billion current US$ |
| 1987 | -85.7% | 700,000 current US$ | 100,000 current US$ |
| 1985 | -70.6% | 3.40 million current US$ | 1.00 million current US$ |
| 1983 | -63.6% | 10.70 million current US$ | 3.90 million current US$ |
| 1989 | +86.0% | 45.70 million current US$ | 85.00 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.73 million current US$ | 14.00 million current US$ | 23.60 million current US$ | 3 |
| 1980s | 20.12 million current US$ | 100,000 current US$ | 85.00 million current US$ | 10 |
| 1990s | 311.65 million current US$ | 118.70 million current US$ | 465.60 million current US$ | 10 |
| 2000s | 2.70 billion current US$ | 596.20 million current US$ | 4.43 billion current US$ | 10 |
| 2010s | 6.71 billion current US$ | 4.22 billion current US$ | 10.66 billion current US$ | 10 |
| 2020s | 17.33 billion current US$ | 11.41 billion current US$ | 21.64 billion current US$ | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 865.22 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 47.01 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 11.98 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0163 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 100.4 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 34.17 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Guatemala?
- Personal remittances, received in Guatemala was 21.64 billion current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Guatemala?
- The highest recorded value was 21.64 billion current US$ in 2024.
- What is the lowest personal remittances, received recorded in Guatemala?
- The lowest recorded value was 100,000 current US$ in 1987.
- How does Guatemala rank for personal remittances, received?
- Guatemala ranks 11th out of 197 countries with data for 2024.
- Is personal remittances, received rising or falling in Guatemala?
- Over the last ten years it is up 276.3%. The long-run trend across the full record is volatile.
- Where does this Guatemala data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.