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Macro

Guatemala

Latin America & Caribbean · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 7.0%
Current prices2025
121USD bn
GDP per capita▲ 5.5%
Current prices2025
6,489USD
Real GDP growth▲ 0.5 pp
Annual change2025
4.1%
Inflation▼ 1.3 pp
Average consumer prices2025
1.6%
Government debt▲ 0.9 pp
General government, gross2025
27.2% of GDP
Current account▲ 2.0 pp
Balance2025
4.8% of GDP
Population▲ 1.4%
Total2025
18.66million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-1.80.08.01995: 4.4%1996: 2.8%1997: 4.1%1998: 4.6%1999: 3.7%2000: 2.5%2001: 3.1%2002: 3.8%2003: 2.6%2004: 3.1%2005: 3.3%2006: 5.4%2007: 6.3%2008: 3.3%2009: 0.5%2010: 2.9%2011: 4.2%2012: 3.0%2013: 3.7%2014: 4.4%2015: 4.1%2016: 2.7%2017: 3.1%2018: 3.4%2019: 4.0%2020: -1.8%2021: 8.0%2022: 4.2%2023: 3.5%2024: 3.7%2025: 4.1%2026: 3.9% (IMF projection)2027: 4.0% (IMF projection)2028: 3.9% (IMF projection)2029: 3.8% (IMF projection)2030: 3.9% (IMF projection)2031: 3.9% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.011.41995: 8.4%1996: 11.1%1997: 9.2%1998: 6.6%1999: 5.2%2000: 6.0%2001: 7.3%2002: 8.1%2003: 5.6%2004: 7.6%2005: 9.1%2006: 6.6%2007: 6.8%2008: 11.4%2009: 1.9%2010: 4.0%2011: 6.2%2012: 3.8%2013: 4.3%2014: 3.4%2015: 2.4%2016: 4.5%2017: 4.4%2018: 3.8%2019: 3.7%2020: 3.2%2021: 4.3%2022: 6.9%2023: 6.2%2024: 2.9%2025: 1.6%2026: 2.6% (IMF projection)2027: 4.0% (IMF projection)2028: 3.6% (IMF projection)2029: 3.9% (IMF projection)2030: 4.0% (IMF projection)2031: 4.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %8.04.23.53.74.13.94.03.93.83.9
Inflation, average consumer prices %4.36.96.22.91.62.64.03.63.94.0
GDP, current prices USD bn8696104113121129139150162175
GDP per capita, current prices USD4,9125,3595,7586,1496,4896,8107,2677,7168,2078,747
GDP per capita, PPP Int. USD11,82513,01213,75714,39015,19416,02116,79017,49618,24319,044
General government gross debt % of GDP30.629.027.226.327.227.628.128.629.029.3
General government net lending/borrowing % of GDP-1.2-1.7-1.3-1.0-1.9-2.2-2.5-2.5-2.5-2.5
Current account balance % of GDP2.21.23.12.94.83.22.21.30.6-0.0
Population million17.6017.8518.1218.4118.6618.9319.1919.4519.7219.98

Government debt, % of GDP

General government gross debt
0.031.52000: 18%2001: 19%2002: 17%2003: 20%2004: 21%2005: 20%2006: 21%2007: 21%2008: 20%2009: 23%2010: 24%2011: 24%2012: 25%2013: 25%2014: 25%2015: 25%2016: 25%2017: 25%2018: 26%2019: 26%2020: 31%2021: 31%2022: 29%2023: 27%2024: 26%2025: 27%2026: 28% (IMF projection)2027: 28% (IMF projection)2028: 29% (IMF projection)2029: 29% (IMF projection)2030: 29% (IMF projection)2031: 30% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-6.10.05.02000: -5.8%2001: -6.1%2002: -5.8%2003: -4.4%2004: -4.7%2005: -4.4%2006: -4.9%2007: -5.1%2008: -3.9%2009: 0.2%2010: -1.8%2011: -3.3%2012: -3.7%2013: -4.2%2014: -3.3%2015: -1.2%2016: 1.0%2017: 1.2%2018: 0.9%2019: 2.4%2020: 5.0%2021: 2.2%2022: 1.2%2023: 3.1%2024: 2.9%2025: 4.8%2026: 3.2% (IMF projection)2027: 2.2% (IMF projection)2028: 1.3% (IMF projection)2029: 0.6% (IMF projection)2030: -0.0% (IMF projection)2031: -0.6% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199524.219.714.156.2
200512.627.619.056.2
201510.022.714.361.4
20259.621.813.262.1

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method6,360USD2025+76.2%
GNI, Atlas method119USD bn2025+105.9%
Exports of goods and services15.6% of GDP2025-4.3 pp
Imports of goods and services31.0% of GDP2025+0.9 pp
Life expectancy at birth72.7years2024+2.5%
Urban population56.3% of total2025+2.9 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)