Volume of remittances (in United States dollars) as a proportion of in Guatemala
Guatemala: Volume of remittances (in United States dollars) as a proportion of was 19.1% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Guatemala, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Guatemala is 19.1%, measured in 2024.
Compared with earlier readings it is down 0.1% on the previous year and up 92.3% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Guatemala peaked at 19.1% in 2023 and was at its lowest, 3.1%, in 2000.
Guatemala ranks 16th of 203 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Guatemala, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.1% | — |
| 2001 | 3.4% | +11.4% |
| 2002 | 7.8% | +127.3% |
| 2003 | 10.0% | +27.1% |
| 2004 | 11.1% | +12.0% |
| 2005 | 11.4% | +2.7% |
| 2006 | 12.4% | +8.6% |
| 2007 | 12.6% | +1.4% |
| 2008 | 11.5% | -8.9% |
| 2009 | 10.8% | -6.2% |
| 2010 | 10.4% | -3.7% |
| 2011 | 9.7% | -6.9% |
| 2012 | 10.0% | +3.5% |
| 2013 | 10.0% | -0.0% |
| 2014 | 9.9% | -0.7% |
| 2015 | 10.4% | +4.8% |
| 2016 | 11.1% | +6.9% |
| 2017 | 11.7% | +5.1% |
| 2018 | 12.9% | +9.9% |
| 2019 | 13.8% | +7.3% |
| 2020 | 14.7% | +6.3% |
| 2021 | 17.8% | +21.4% |
| 2022 | 19.0% | +6.8% |
| 2023 | 19.1% | +0.6% |
| 2024 | 19.1% | -0.1% |
Guatemala compared with similar countries
- Guatemala's 19.1% is above the median for upper middle income countries, which is 3.6%, 5.2× the median. (53 countries reporting)
- Guatemala's 19.1% is above the median for Latin America & Caribbean, which is 2.8%, 6.7× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 |
|---|---|---|---|
| 2002 | +127.3% | 3.4% | 7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.4% | 3.1% | 12.6% | 10 |
| 2010s | 11.0% | 9.7% | 13.8% | 10 |
| 2020s | 18.0% | 14.7% | 19.1% | 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 volume of remittances (in united states dollars) as a proportion of in Guatemala?
- Volume of remittances (in united states dollars) as a proportion of in Guatemala was 19.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Guatemala?
- The highest recorded value was 19.1% in 2023.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Guatemala?
- The lowest recorded value was 3.1% in 2000.
- How does Guatemala rank for volume of remittances (in united states dollars) as a proportion of?
- Guatemala ranks 16th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Guatemala?
- Over the last ten years it is up 92.3%. The long-run trend across the full record is rising.
- Where does this Guatemala data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
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