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Guatemala Trade (% GDP)

Guatemala's trade (% GDP) fell to 47.34% in 2024, down from 48.3% in 2023, according to World Bank. This represents a decrease of 0.96% from the previous year. Guatemala has trade (% GDP) lower than the global median (47.34% vs median 84.49%). Compared with the median in Americas, Guatemala is lower (47.34% vs regional median 78.04%) and ranks 27th out of 32 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 47.34%
2023 48.3%
2022 54.43%
2021 49.26%
2020 41.14%
2019 45.52%
2018 47.01%
2017 46.07%
2016 46.37%
2015 49.89%
2014 55.08%
2013 56.69%
2012 61.96%
2011 65.05%
2010 63.13%
2009 58.04%
2008 65.18%
2007 69%
2006 67.91%
2005 67.1%
2004 70.21%
2003 67%
2002 67.1%
2001 70.67%
2000 49.15%
1999 46.36%
1998 44.42%
1997 41.55%
1996 40.39%
1995 44.69%
1994 42.37%
1993 43.78%
1992 45.36%
1991 39.52%
1990 45.87%
1989 39.78%
1988 38.04%
1987 38.14%
1986 30.64%
1985 24.93%
1984 28.15%
1983 27.55%
1982 33.47%
1981 40.69%
1980 47.11%
1979 47.2%
1978 48.74%
1977 50.71%
1976 49.16%
1975 45.26%
1974 48.07%
1973 41.09%
1972 37.44%
1971 35.98%
1970 36.35%
1969 35.23%
1968 35.15%
1967 35.72%
1966 38.07%
1965 36.4%
1964 33.48%
1963 30.22%
1962 25.21%
1961 25.45%
1960 27.18%
Guatemala Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Guatemala divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $14.76B $14.26B 2024
Annual Imports $32.46B $30.28B 2024
Exports (% GDP) 15.89% 16.61% 2024
FDI Inflows (% GDP) 1.61% 1.58% 2024
Imports (% GDP) 31.45% 31.69% 2024
Net Trade (Goods & Services, BoP) -$17.58B -$15.71B 2024
Tariff Rate 3.12% 3% 2022