Value Added (Total Manufacturing) — Value Standard Local Currency in Guatemala

Guatemala: Value Added (Total Manufacturing) — Value Standard Local Currency was 9.92 % change on previous year in 2023. ◆ Volatile

Latest (2023)
9.92 % change on previous year
Change on year
down 15.7%
World rank
80th
of 231 countries
All-time high
43.65 % change on previous year
in 1990
All-time low
-0.4889 % change on previous year
in 1982
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Guatemala, 1971–2023

010203040197119972023

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

Analysis

In 2023, value added (total manufacturing) — value standard local currency in Guatemala stood at 9.92 % change on previous year.

That represents a change of down 15.7% on the previous year and up 42.6% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Guatemala peaked at 43.65 % change on previous year in 1990 and was at its lowest, -0.4889 % change on previous year, in 1982.

That places Guatemala 80th out of 231 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Guatemala, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Guatemala, 1971 to 2023.
Year % change on previous year Change
1971 5.78 % change on previous year —
1972 4.04 % change on previous year -30.1%
1973 23.81 % change on previous year +489.8%
1974 20.96 % change on previous year -11.9%
1975 11.46 % change on previous year -45.3%
1976 23.14 % change on previous year +101.9%
1977 28.91 % change on previous year +25.0%
1978 12.3 % change on previous year -57.5%
1979 14.65 % change on previous year +19.1%
1980 16.23 % change on previous year +10.8%
1981 5.17 % change on previous year -68.1%
1982 -0.4889 % change on previous year -109.5%
1983 4.52 % change on previous year -1024.5%
1984 4.66 % change on previous year +3.1%
1985 17.92 % change on previous year +284.5%
1986 42.35 % change on previous year +136.3%
1987 10.19 % change on previous year -75.9%
1988 14.11 % change on previous year +38.5%
1989 13.46 % change on previous year -4.6%
1990 43.65 % change on previous year +224.4%
1991 36.12 % change on previous year -17.2%
1992 12.43 % change on previous year -65.6%
1993 17.82 % change on previous year +43.3%
1994 15.02 % change on previous year -15.7%
1995 12.2 % change on previous year -18.8%
1996 10.97 % change on previous year -10.1%
1997 11.18 % change on previous year +1.9%
1998 13.48 % change on previous year +20.5%
1999 7.71 % change on previous year -42.8%
2000 8.82 % change on previous year +14.3%
2001 8.77 % change on previous year -0.5%
2002 4.02 % change on previous year -54.2%
2003 6.89 % change on previous year +71.3%
2004 11.86 % change on previous year +72.3%
2005 8.04 % change on previous year -32.2%
2006 10.79 % change on previous year +34.3%
2007 11.25 % change on previous year +4.2%
2008 14.08 % change on previous year +25.2%
2009 5.13 % change on previous year -63.6%
2010 8.08 % change on previous year +57.6%
2011 11.45 % change on previous year +41.7%
2012 9.09 % change on previous year -20.6%
2013 6.95 % change on previous year -23.5%
2014 4.9 % change on previous year -29.5%
2015 8.3 % change on previous year +69.5%
2016 4.46 % change on previous year -46.3%
2017 4.51 % change on previous year +1.2%
2018 3.34 % change on previous year -25.9%
2019 6.62 % change on previous year +98.1%
2020 3.21 % change on previous year -51.6%
2021 10.03 % change on previous year +212.9%
2022 11.76 % change on previous year +17.2%
2023 9.92 % change on previous year -15.7%

Guatemala compared with similar countries

  • Guatemala's 9.92 % change on previous year is above the median for upper middle income countries, which is 5.07 % change on previous year, 2.0× the median. (54 countries reporting)
  • Guatemala's 9.92 % change on previous year is above the median for Latin America & Caribbean, which is 5.11 % change on previous year, 1.9× the median. (38 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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
1983 +1024.5% -0.4889 % change on previous year 4.52 % change on previous year
1973 +489.8% 4.04 % change on previous year 23.81 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 16.12 % change on previous year 4.04 % change on previous year 28.91 % change on previous year 9
1980s 12.81 % change on previous year -0.4889 % change on previous year 42.35 % change on previous year 10
1990s 18.06 % change on previous year 7.71 % change on previous year 43.65 % change on previous year 10
2000s 8.97 % change on previous year 4.02 % change on previous year 14.08 % change on previous year 10
2010s 6.77 % change on previous year 3.34 % change on previous year 11.45 % change on previous year 10
2020s 8.73 % change on previous year 3.21 % change on previous year 11.76 % change on previous year 4

Countries ranked near Guatemala

  1. 77 Brazil 10.06 % change on previous year compare
  2. 78 Kenya 10.02 % change on previous year compare
  3. 79 Japan 10.02 % change on previous year compare
  4. 81 United Kingdom 9.88 % change on previous year compare
  5. 81 United Kingdom of Great Britain and Northern Ireland 9.88 % change on previous year compare
  6. 83 Togo 9.8 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Guatemala

All data for Guatemala →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Guatemala?
Value added (total manufacturing) — value standard local currency in Guatemala was 9.92 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Guatemala?
The highest recorded value was 43.65 % change on previous year in 1990.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Guatemala?
The lowest recorded value was -0.4889 % change on previous year in 1982.
How does Guatemala rank for value added (total manufacturing) — value standard local currency?
Guatemala ranks 80th out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Guatemala?
Over the last ten years it is up 42.6%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Guatemala. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/guatemala/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. 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
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.