Revenue Statistics in Latin America and the Caribbean - Comparative in Guatemala
Guatemala: Revenue Statistics in Latin America and the Caribbean - Comparative was 14.32 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Latin America and the Caribbean - Comparative in Guatemala, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, revenue statistics in latin america and the caribbean - comparative in Guatemala stood at 14.32 Percentage of GDP.
Compared with earlier readings it is up 0.8% on the previous year and up 8.3% over ten years.
Over the whole period, revenue statistics in latin america and the caribbean - comparative in Guatemala peaked at 14.39 Percentage of GDP in 2022 and was at its lowest, 7.87 Percentage of GDP, in 1990.
Guatemala ranks 27th of 29 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Revenue Statistics in Latin America and the Caribbean - Comparative in Guatemala, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 7.87 Percentage of GDP | — |
| 1991 | 8.57 Percentage of GDP | +8.8% |
| 1992 | 9.76 Percentage of GDP | +13.9% |
| 1993 | 9.63 Percentage of GDP | -1.3% |
| 1994 | 8.49 Percentage of GDP | -11.8% |
| 1995 | 9.76 Percentage of GDP | +14.9% |
| 1996 | 10.6 Percentage of GDP | +8.6% |
| 1997 | 10.74 Percentage of GDP | +1.4% |
| 1998 | 10.84 Percentage of GDP | +0.9% |
| 1999 | 11.62 Percentage of GDP | +7.2% |
| 2000 | 11.75 Percentage of GDP | +1.1% |
| 2001 | 12.74 Percentage of GDP | +8.4% |
| 2002 | 13.68 Percentage of GDP | +7.4% |
| 2003 | 13.52 Percentage of GDP | -1.2% |
| 2004 | 13.43 Percentage of GDP | -0.6% |
| 2005 | 13.09 Percentage of GDP | -2.6% |
| 2006 | 13.85 Percentage of GDP | +5.8% |
| 2007 | 14.02 Percentage of GDP | +1.3% |
| 2008 | 13.02 Percentage of GDP | -7.1% |
| 2009 | 12.33 Percentage of GDP | -5.3% |
| 2010 | 12.47 Percentage of GDP | +1.1% |
| 2011 | 12.77 Percentage of GDP | +2.4% |
| 2012 | 12.89 Percentage of GDP | +0.9% |
| 2013 | 13.28 Percentage of GDP | +3.0% |
| 2014 | 13.23 Percentage of GDP | -0.4% |
| 2015 | 12.78 Percentage of GDP | -3.4% |
| 2016 | 13.31 Percentage of GDP | +4.2% |
| 2017 | 13.3 Percentage of GDP | -0.1% |
| 2018 | 13.2 Percentage of GDP | -0.8% |
| 2019 | 13.07 Percentage of GDP | -0.9% |
| 2020 | 12.51 Percentage of GDP | -4.3% |
| 2021 | 14.17 Percentage of GDP | +13.3% |
| 2022 | 14.39 Percentage of GDP | +1.6% |
| 2023 | 14.2 Percentage of GDP | -1.3% |
| 2024 | 14.32 Percentage of GDP | +0.8% |
Guatemala compared with similar countries
- Guatemala's 14.32 Percentage of GDP is below the median for Latin America & Caribbean, which is 21.28 Percentage of GDP, 67% of the median. (29 countries reporting)
- Guatemala's 14.32 Percentage of GDP is below the median for upper middle income countries, which is 21.49 Percentage of GDP, 67% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.79 Percentage of GDP | 7.87 Percentage of GDP | 11.62 Percentage of GDP | 10 |
| 2000s | 13.14 Percentage of GDP | 11.75 Percentage of GDP | 14.02 Percentage of GDP | 10 |
| 2010s | 13.03 Percentage of GDP | 12.47 Percentage of GDP | 13.31 Percentage of GDP | 10 |
| 2020s | 13.92 Percentage of GDP | 12.51 Percentage of GDP | 14.39 Percentage of GDP | 5 |
Countries ranked near Guatemala
- 24 Paraguay 15.76 Percentage of GDP compare
- 25 Dominican Republic 14.69 Percentage of GDP compare
- 26 Venezuela, Bolivarian Republic of 14.42 Percentage of GDP compare
- 28 Panama 11.31 Percentage of GDP compare
- 29 Guyana 9.19 Percentage of GDP 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)
- 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 revenue statistics in latin america and the caribbean - comparative in Guatemala?
- Revenue statistics in latin america and the caribbean - comparative in Guatemala was 14.32 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in latin america and the caribbean - comparative recorded in Guatemala?
- The highest recorded value was 14.39 Percentage of GDP in 2022.
- What is the lowest revenue statistics in latin america and the caribbean - comparative recorded in Guatemala?
- The lowest recorded value was 7.87 Percentage of GDP in 1990.
- How does Guatemala rank for revenue statistics in latin america and the caribbean - comparative?
- Guatemala ranks 27th out of 29 countries with data for 2024.
- Is revenue statistics in latin america and the caribbean - comparative rising or falling in Guatemala?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
- Where does this Guatemala data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Latin America and the Caribbean - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from Revenue Statistics in Latin America and the Caribbean countries presented as a percentage of GDP and as a share of total tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.