Real gdp growth, annual growth rate in Guatemala

Guatemala: Real gdp growth, annual growth rate was 3.37 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.37 % change on previous year
Change on year
up 121.6%
World rank
96th
of 196 countries
All-time high
550.28 % change on previous year
in 2021
All-time low
-650 % change on previous year
in 1982
Years of data
43
1981–2024

Real gdp growth, annual growth rate in Guatemala, 1981–2024

-750-500-25002505001981200220241981: -82.6 % change on previous year1982: -650 % change on previous year1983: 28.6 % change on previous year1984: 120.2 % change on previous year1985: -217.6 % change on previous year1986: 116.7 % change on previous year1988: 8.7 % change on previous year1989: 1.3 % change on previous year1990: -21.4 % change on previous year1991: -3.3 % change on previous year1992: 53.3 % change on previous year1993: -26.1 % change on previous year1994: 2.9 % change on previous year1995: 25.7 % change on previous year1996: -36.4 % change on previous year1997: 46.4 % change on previous year1998: 12.2 % change on previous year1999: -19.6 % change on previous year2000: -32.4 % change on previous year2001: 24.2 % change on previous year2002: 23.7 % change on previous year2003: -33.3 % change on previous year2004: 22.6 % change on previous year2005: 4.4 % change on previous year2006: 63.3 % change on previous year2007: 18.4 % change on previous year2008: -48 % change on previous year2009: -85.5 % change on previous year2010: 504.6 % change on previous year2011: 44.4 % change on previous year2012: -28.6 % change on previous year2013: 24.2 % change on previous year2014: 20.3 % change on previous year2015: -7.9 % change on previous year2016: -34.6 % change on previous year2017: 15 % change on previous year2018: 10.6 % change on previous year2019: 17.9 % change on previous year2020: -144.4 % change on previous year2021: 550.3 % change on previous year2022: -48 % change on previous year2023: -15.6 % change on previous year2024: 3.4 % change on previous year

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

Analysis

In 2024, real gdp growth, annual growth rate in Guatemala stood at 3.37 % change on previous year.

Compared with earlier readings it is up 121.6% on the previous year and down 83.4% over ten years.

Over the whole period, real gdp growth, annual growth rate in Guatemala peaked at 550.28 % change on previous year in 2021 and was at its lowest, -650 % change on previous year, in 1982.

Guatemala ranks 96th of 196 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.

Real gdp growth, annual growth rate in Guatemala, year by year

Annual values for Real gdp growth, annual growth rate in Guatemala, 1981 to 2024.
Year % change on previous year Change
1981 -82.59 % change on previous year —
1982 -650 % change on previous year +687.0%
1983 28.63 % change on previous year -104.4%
1984 120.17 % change on previous year +319.8%
1985 -217.65 % change on previous year -281.1%
1986 116.67 % change on previous year -153.6%
1988 8.75 % change on previous year -92.5%
1989 1.31 % change on previous year -85.0%
1990 -21.35 % change on previous year -1729.6%
1991 -3.26 % change on previous year -84.7%
1992 53.33 % change on previous year -1737.5%
1993 -26.09 % change on previous year -148.9%
1994 2.94 % change on previous year -111.3%
1995 25.71 % change on previous year +774.3%
1996 -36.36 % change on previous year -241.4%
1997 46.43 % change on previous year -227.7%
1998 12.2 % change on previous year -73.7%
1999 -19.57 % change on previous year -260.4%
2000 -32.43 % change on previous year +65.8%
2001 24.16 % change on previous year -174.5%
2002 23.68 % change on previous year -2.0%
2003 -33.32 % change on previous year -240.7%
2004 22.58 % change on previous year -167.8%
2005 4.4 % change on previous year -80.5%
2006 63.34 % change on previous year +1340.3%
2007 18.45 % change on previous year -70.9%
2008 -48.03 % change on previous year -360.4%
2009 -85.52 % change on previous year +78.1%
2010 504.61 % change on previous year -690.1%
2011 44.38 % change on previous year -91.2%
2012 -28.55 % change on previous year -164.3%
2013 24.2 % change on previous year -184.8%
2014 20.27 % change on previous year -16.2%
2015 -7.92 % change on previous year -139.1%
2016 -34.56 % change on previous year +336.3%
2017 15.01 % change on previous year -143.4%
2018 10.62 % change on previous year -29.3%
2019 17.93 % change on previous year +68.9%
2020 -144.45 % change on previous year -905.5%
2021 550.28 % change on previous year -480.9%
2022 -47.96 % change on previous year -108.7%
2023 -15.58 % change on previous year -67.5%
2024 3.37 % change on previous year -121.6%

Biggest year-on-year movements

Years where Real gdp growth, annual growth rate 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
1992 +1737.5% -3.26 % change on previous year 53.33 % change on previous year
1990 -1729.6% 1.31 % change on previous year -21.35 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s -84.34 % change on previous year -650 % change on previous year 120.17 % change on previous year 8
1990s 3.4 % change on previous year -36.36 % change on previous year 53.33 % change on previous year 10
2000s -4.27 % change on previous year -85.52 % change on previous year 63.34 % change on previous year 10
2010s 56.6 % change on previous year -34.56 % change on previous year 504.61 % change on previous year 10
2020s 69.13 % change on previous year -144.45 % change on previous year 550.28 % change on previous year 5

Countries ranked near Guatemala

  1. 93 Belarus, Republic of 5.4 % change on previous year compare
  2. 94 Cameroon 5.32 % change on previous year compare
  3. 95 Morocco 3.75 % change on previous year compare
  4. 97 Tajikistan, Republic of 3.12 % change on previous year compare
  5. 98 Djibouti 2.54 % change on previous year compare
  6. 99 Madagascar, Republic of 2.17 % change on previous year compare

See the full ranking of 198 places →

More economy & growth data for Guatemala

All data for Guatemala →

Frequently asked questions

What is real gdp growth, annual growth rate in Guatemala?
Real gdp growth, annual growth rate in Guatemala was 3.37 % change on previous year in 2024, according to Statizoid (derived).
What is the highest real gdp growth, annual growth rate recorded in Guatemala?
The highest recorded value was 550.28 % change on previous year in 2021.
What is the lowest real gdp growth, annual growth rate recorded in Guatemala?
The lowest recorded value was -650 % change on previous year in 1982.
How does Guatemala rank for real gdp growth, annual growth rate?
Guatemala ranks 96th out of 196 countries with data for 2024.
Is real gdp growth, annual growth rate rising or falling in Guatemala?
Over the last ten years it is down 83.4%. 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 Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.

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Real gdp growth, annual growth rate in Guatemala. Statizoid, drawing on Statizoid (derived). Retrieved 28 October 2026, from https://economy.statizoid.com/stat/real-gdp-growth-annual-growth-rate/guatemala/

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How this figure is calculated

The year-on-year percentage change in Real gdp growth. 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
Real gdp growth, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,619 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.