developing Central American economy; steady economic growth fueled by remittances; high poverty and income inequality; limited government services, lack of employment opportunities, and frequent natural disasters impede human development efforts and drive emigration
$159 billion (2022 est.)
$152.734 billion (2021 est.)
$141.445 billion (2020 est.)
note: data are in 2017 dollars
7.98% (2021 est.)
-1.76% (2020 est.)
4% (2019 est.)
$9,200 (2022 est.)
$8,900 (2021 est.)
$8,400 (2020 est.)
note: data are in 2017 dollars
$76.678 billion (2019 est.)
4.26% (2021 est.)
3.21% (2020 est.)
3.7% (2019 est.)
Fitch rating: BB- (2020)
Moody's rating: Ba1 (2010)
Standard & Poors rating: BB- (2017)
note: The year refers to the year in which the current credit rating was first obtained.
agriculture: 13.3% (2017 est.)
industry: 23.4% (2017 est.)
services: 63.2% (2017 est.)
household consumption: 86.3% (2017 est.)
government consumption: 9.7% (2017 est.)
investment in fixed capital: 12.3% (2017 est.)
investment in inventories: -0.2% (2017 est.)
exports of goods and services: 18.8% (2017 est.)
imports of goods and services: -26.9% (2017 est.)
sugar cane, eggs, bananas, oil palm fruit, maize, melons, potatoes, milk, tomatoes, poultry
sugar, textiles and clothing, furniture, chemicals, petroleum, metals, rubber, tourism
8.49% (2021 est.)
6.671 million (2021 est.)
3.57% (2021 est.)
3.55% (2020 est.)
2.19% (2019 est.)
total: 7.2% (2021 est.)
male: 6.3%
female: 9.4%
59.3% (2014 est.)
48.3 (2014 est.)
on food: 41.2% of household expenditures (2018 est.)
on alcohol and tobacco: 1.6% of household expenditures (2018 est.)
lowest 10%: 1.6%
highest 10%: 38.4% (2014)
17.9% of GDP (2021 est.)
14.69% of GDP (2020 est.)
13.81% of GDP (2019 est.)
revenues: $8.647 billion (2019 est.)
expenditures: $10.373 billion (2019 est.)
-1.3% (of GDP) (2017 est.)
31.56% of GDP (2020 est.)
26.49% of GDP (2019 est.)
26.48% of GDP (2018 est.)
9.97% (of GDP) (2020 est.)
calendar year
$2.113 billion (2021 est.)
$3.918 billion (2020 est.)
$1.821 billion (2019 est.)
$18.127 billion (2022 est.) note: data are in current year dollars
$15.318 billion (2021 est.) note: data are in current year dollars
$12.713 billion (2020 est.) note: data are in current year dollars
United States 32%, El Salvador 12%, Honduras 10%, Nicaragua 6%, Mexico 4% (2022)
textiles (knit and non-knit garments), coffee, bananas, palm oil, raw sugar (2022)
$33.938 billion (2022 est.) note: data are in current year dollars
$27.388 billion (2021 est.) note: data are in current year dollars
$19.267 billion (2020 est.) note: data are in current year dollars
United States 34%, China 15%, Mexico 9%, El Salvador 4%, Costa Rica 3% (2022)
refined petroleum, video displays, cars, packaged medicines, delivery trucks (2022)
$20.935 billion (31 December 2021 est.)
$18.464 billion (31 December 2020 est.)
$14.784 billion (31 December 2019 est.)
$22.92 billion (31 December 2017 est.)
$21.45 billion (31 December 2016 est.)
quetzales (GTQ) per US dollar -
Exchange rates:
7.734 (2021 est.)
7.722 (2020 est.)
7.697 (2019 est.)
7.519 (2018 est.)
7.348 (2017 est.)
NOTE: The information regarding Guatemala on this page is re-published from the 2024 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Guatemala 2024 information contained here. All suggestions for corrections of any errors about Guatemala 2024 should be addressed to the CIA or the source cited on each page.
This page was last modified 04 May 24, Copyright © 2024 ITA all rights reserved.
