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GT

Guatemala

GT · GTM · #105 · 16 cities

Nomad score 55/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$21,799
GDP (2031)
$188.9B
GDP growth (2031)
3.9% →
Inflation (2031)
4.0% →
Unemployment (2025)
2.6% ↓
Population (2031)
20.2M
Population growth (2031)
1.3% ↓
Gini index (2023)
45.2
Government debt (2031)
29.6% of GDP
Current account (2031)
-0.6% of GDP
FDI inflows (2024)
$1.8B
Life expectancy (2024)
72.8 yrs
Health spending (2023)
6.8% of GDP
Internet users (2024)
60.2%
Mobile subscriptions (2024)
112.5/100
Trade openness (2025)
46.5% of GDP
Exchange rate (2025)
7.68/USD
Foreign reserves (2025)
$32.8B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
29.6% of GDP
Current account (2031)
-0.6% of GDP
FDI inflows (2024)
$1.8B

Income inequality (Gini)

Gini index (2023)
0.45
Assessment
High inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
1.02/1k
Tax revenue (2024)
11.6% of GDP
Services sector (2025)
62.1% of GDP

Financial access and costs

ATMs per 100k (2024)
33.6
Bank branches per 100k (2024)
21.9
ICT service exports (2024)
12.0%
Goods and services tax (2024)
7.9%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $188.9B $21,799 3.9% 4.0% - 20.2M - 29.6% -0.6% - - - - -
2030 * $174.8B $20,438 3.9% 4.0% - 20.0M - 29.3% 0.0% - - - - -
2029 * $161.8B $19,176 3.8% 3.9% - 19.7M - 29.0% 0.6% - - - - -
2028 * $150.1B $18,029 3.9% 3.6% - 19.5M - 28.6% 1.3% - - - - -
2027 * $139.5B $16,980 4.0% 4.0% - 19.2M - 28.1% 2.2% - - - - -
2026 * $128.9B $15,912 3.9% 2.6% - 18.9M - 27.6% 3.2% - - - - -
2025 $121.1B $15,197 4.1% 1.6% 2.6% 18.7M - 27.2% 4.8% - - - - 7.68
2024 $113.2B $14,393 3.7% 2.9% 2.6% 18.4M - 26.3% 2.9% $1.8B 72.8 - 60.2% 7.76
2023 $104.4B $13,752 3.5% 6.2% 2.3% 18.1M 45.2 27.2% 3.1% $1.7B 72.6 6.8% 56.7% 7.83
2022 $95.6B $13,008 4.2% 6.9% 3.1% 17.8M - 29.0% 1.2% $1.5B 71.2 7.2% 54.4% 7.75
2021 $86.4B $11,825 8.0% 4.3% 2.2% 17.6M - 30.6% 2.2% $3.6B 67.9 7.4% 50.8% 7.73
2020 $77.7B $10,947 -1.8% 3.2% 3.0% 17.4M - 31.5% 5.0% $1.0B 70.0 6.5% 47.5% 7.72
2019 $77.2B $10,756 4.0% 3.7% 2.2% 17.1M - 26.4% 2.4% $1.2B 71.6 6.2% 44.4% 7.70
2018 $73.3B $9,947 3.4% 3.8% 2.3% 16.8M - 26.4% 0.9% $922.4M 71.5 6.1% 41.5% 7.52
2017 $71.6B $9,560 3.1% 4.4% 2.5% 16.6M - 25.1% 1.2% $998.3M 71.6 6.1% 37.9% 7.35
2016 $66.0B $9,201 2.7% 4.5% 2.6% 16.3M - 24.9% 1.0% $845.8M 71.2 6.1% 34.5% 7.60
2015 $62.2B $8,934 4.1% 2.4% 2.5% 16.0M - 24.8% -1.2% $1.2B 70.9 6.0% 28.8% 7.65
2014 $57.8B $8,237 4.4% 3.4% 2.7% 15.7M 48.3 24.7% -3.3% $1.4B 70.9 5.9% 23.4% 7.73
2013 $53.0B $7,700 3.7% 4.3% 3.0% 15.4M - 25.0% -4.2% $1.5B 70.9 5.8% 19.7% 7.86
2012 $49.9B $7,258 3.0% 3.8% 2.8% 15.1M - 24.6% -3.7% $1.4B 70.7 6.1% 16.0% 7.83
2011 $47.4B $6,784 4.2% 6.2% 3.2% 14.8M - 23.8% -3.3% $876.8M 70.3 6.0% 12.3% 7.79
2010 $41.5B $6,510 2.9% 4.0% 3.5% 14.5M - 24.0% -1.8% $1.1B 69.9 6.1% 10.5% 8.06
2009 $38.0B $6,377 0.5% 1.9% 3.2% 14.2M - 22.8% 0.2% $499.8M 69.7 6.3% 9.3% 8.16
2008 $40.2B $6,435 3.3% 11.4% 2.9% 13.9M - 19.6% -3.9% $731.4M 69.5 6.1% 8.3% 7.56
2007 $35.0B $6,238 6.3% 6.8% 2.9% 13.7M - 20.8% -5.1% $859.2M 69.3 6.2% 7.3% 7.67
2006 $31.3B $5,833 5.4% 6.6% 3.0% 13.4M 54.5 20.9% -4.9% $635.3M 68.8 6.4% 6.5% 7.60
2005 $28.2B $5,486 3.3% 9.1% 3.1% 13.1M - 20.0% -4.4% $540.0M 68.2 6.2% 5.7% 7.63
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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