Travel services in Guatemala
Guatemala: Travel services was 24.0% in 2024. ▼ Falling
Travel services in Guatemala, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Guatemala recorded 24.0% for travel services in 2024.
That represents a change of up 8.6% on the previous year and down 4.2% over ten years.
Over the whole period, travel services in Guatemala peaked at 34.7% in 1983 and was at its lowest, 7.0%, in 2021.
Guatemala ranks 71st of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 48 years of available data.
Travel services in Guatemala, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1977 | 29.4% | — |
| 1978 | 29.8% | +1.6% |
| 1979 | 31.3% | +5.1% |
| 1980 | 33.6% | +7.3% |
| 1981 | 27.5% | -18.3% |
| 1982 | 29.3% | +6.7% |
| 1983 | 34.7% | +18.2% |
| 1984 | 25.1% | -27.8% |
| 1985 | 13.1% | -47.9% |
| 1986 | 9.0% | -31.1% |
| 1987 | 12.6% | +40.5% |
| 1988 | 29.9% | +136.9% |
| 1989 | 32.8% | +9.4% |
| 1990 | 26.0% | -20.8% |
| 1991 | 28.1% | +8.3% |
| 1992 | 19.6% | -30.3% |
| 1993 | 20.0% | +2.0% |
| 1994 | 23.4% | +17.0% |
| 1995 | 20.3% | -13.1% |
| 1996 | 20.5% | +1.1% |
| 1997 | 18.2% | -11.1% |
| 1998 | 19.8% | +8.7% |
| 1999 | 23.2% | +16.9% |
| 2000 | 22.0% | -4.9% |
| 2001 | 24.3% | +10.5% |
| 2002 | 25.9% | +6.2% |
| 2003 | 27.7% | +7.2% |
| 2004 | 28.7% | +3.5% |
| 2005 | 29.0% | +1.3% |
| 2006 | 29.7% | +2.4% |
| 2007 | 29.3% | -1.5% |
| 2008 | 28.1% | -4.0% |
| 2009 | 27.5% | -2.2% |
| 2010 | 25.2% | -8.4% |
| 2011 | 24.4% | -2.9% |
| 2012 | 24.8% | +1.4% |
| 2013 | 25.9% | +4.6% |
| 2014 | 25.0% | -3.3% |
| 2015 | 23.9% | -4.8% |
| 2016 | 23.6% | -1.0% |
| 2017 | 23.4% | -0.9% |
| 2018 | 22.8% | -2.7% |
| 2019 | 22.4% | -1.9% |
| 2020 | 9.0% | -59.8% |
| 2021 | 7.0% | -21.7% |
| 2022 | 17.9% | +153.8% |
| 2023 | 22.1% | +23.8% |
| 2024 | 24.0% | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.2% | 29.4% | 31.3% | 3 |
| 1980s | 24.8% | 9.0% | 34.7% | 10 |
| 1990s | 21.9% | 18.2% | 28.1% | 10 |
| 2000s | 27.2% | 22.0% | 29.7% | 10 |
| 2010s | 24.1% | 22.4% | 25.9% | 10 |
| 2020s | 16.0% | 7.0% | 24.0% | 5 |
Countries ranked near Guatemala
- 68 Bulgaria 24.7% compare
- 69 Costa Rica 24.6% compare
- 70 Faroe Islands 24.4% compare
- 72 Trinidad and Tobago 23.5% compare
- 73 Mauritius 23.5% compare
- 74 Czechia 23.4% 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 travel services in Guatemala?
- Travel services in Guatemala was 24.0% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Guatemala?
- The highest recorded value was 34.7% in 1983.
- What is the lowest travel services recorded in Guatemala?
- The lowest recorded value was 7.0% in 2021.
- How does Guatemala rank for travel services?
- Guatemala ranks 71st out of 198 countries with data for 2024.
- Is travel services rising or falling in Guatemala?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is falling.
- Where does this Guatemala data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service imports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.