Flag of gt

Guatemala GDP

Guatemala's GDP rose to $113.2 billion in 2024, up from $104.37 billion in 2023, according to World Bank. This represents an increase of 8.5% ($8.83 billion) from the previous year and accounts for 0.1% of the world's total GDP. Guatemala has GDP higher than the global median ($113.20 billion vs median $35.85 billion). Compared with the median in Americas, Guatemala is higher ($113.20 billion vs regional median $25.03 billion) and ranks 12th out of 44 countries in Americas.

Guatemala's GDP per capita rose to $4,563.1 in 2024, up from $4,470.71 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 113.2
2023 104.37
2022 95.64
2021 86.46
2020 77.72
2019 77.17
2018 73.33
2017 71.65
2016 66.05
2015 62.19
2014 57.85
2013 53
2012 49.59
2011 46.88
2010 40.68
2009 37.13
2008 38.5
2007 33.57
2006 29.74
2005 26.78
2004 23.58
2003 21.58
2002 20.44
2001 18.41
2000 19.29
1999 18.32
1998 19.4
1997 17.79
1996 15.67
1995 14.66
1994 12.98
1993 11.4
1992 10.44
1991 9.41
1990 7.65
1989 8.41
1988 7.84
1987 7.08
1986 7.23
1985 9.72
1984 9.47
1983 9.05
1982 8.72
1981 8.61
1980 7.88
1979 6.9
1978 6.07
1977 5.48
1976 4.37
1975 3.65
1974 3.16
1973 2.57
1972 2.1
1971 1.98
1970 1.9
1969 1.72
1968 1.61
1967 1.45
1966 1.39
1965 1.33
1964 1.3
1963 1.26
1962 1.14
1961 1.08
1960 1.04
Guatemala GDP : Definition
GDP measures the total value of all goods and services produced in Guatemala, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 3.65% 3.53% 2024
GDP per Capita $4,563.1 $4,470.71 2024
GDP per Capita PPP $12,640.89 $12,384.95 2024
R&D Expenditure (% GDP) 0.06% 0.05% 2021
Real GDP $83.99B $81.03B 2024