Economy of Guatemala. Statistics, Data and Indicators
Guatemala
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 150 | Corruption rank#132 |
| 96 | Ease of doing business#92 |
Guatemala Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 85.99 USD Billion | 2021 |
| GDP Annual Growth Rate | 3.8 % | 3Q/22 |
| GDP per capita | 4388 USD | 2021 |
| Inflation Rate YoY | 9.24 % | Dec/22 |
| Interest Rate | 3.75 % | Dec/22 |
| Unemployment Rate | 2.2 % | 1Q/21 |
| Balance of Trade | -1462 USD Million | -1.462 B USD | Nov/22 |
| Current Account | 221 USD Million | 0.221 B USD | 3Q/22 |
| Foreign Exchange Reserves | 20020 USD Million | 20.02 B USD | Dec/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 85.99 USD Billion | 2021 |
| GDP Annual Growth Rate | 3.8 % | 3Q/22 |
| GDP per capita | 4388 USD | 2021 |
| GDP Constant Prices | 140461 GTQ Million | 17.881 B USD | 3Q/22 |
| GDP per capita PPP | 8927 USD | 2021 |
| GDP From Agriculture | 12508 GTQ Million | 1.592 B USD | 3Q/22 |
| GDP From Construction | 6793 GTQ Million | 0.865 B USD | 3Q/22 |
| GDP From Manufacturing | 19652 GTQ Million | 2.502 B USD | 3Q/22 |
| GDP From Mining | 1039 GTQ Million | 0.132 B USD | 3Q/22 |
| GDP From Public Administration | 5471 GTQ Million | 0.696 B USD | 3Q/22 |
| GDP From Transport | 3488 GTQ Million | 0.444 B USD | 3Q/22 |
| GDP From Utilities | 4008 GTQ Million | 0.51 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 29.98 % | 2021 |
| Government Budget Value | -3401 GTQ Million | -0.433 B USD | Nov/22 |
| Government Spending | 60272 GTQ Million | 7.673 B USD | 2022 |
| Government Revenues | 6552 GTQ Million | 0.834 B USD | Nov/22 |
| Fiscal Expenditure | 9952 GTQ Million | 1.267 B USD | Nov/22 |
| Government Budget to GDP | -4.9 % | 2020 |
| Military Expenditure | 342 USD Million | 0.342 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 167 Index Points | Dec/22 |
| Food Inflation | 11.8 % | Dec/22 |
| Gasoline Prices | 1.1 USD/Liter | Dec/22 |
| Inflation Rate YoY | 9.24 % | Dec/22 |
| Inflation Rate Mom | 0.23 % | Dec/22 |
| Core Consumer Prices | 150 Index Points | Nov/22 |
| Core Inflation Rate | 5.03 % | Nov/22 |
| CPI Housing Utilities | 126 Index Points | Dec/22 |
| CPI Transportation | 155 Index Points | Dec/22 |
| Inflation Expectations | 6.27 % | Nov/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 2.5 % | 2021 |
| Balance of Trade | -1462 USD Million | -1.462 B USD | Nov/22 |
| Capital Flows | -1210 USD Million | -1210000 B USD | 2022 |
| Current Account | 221 USD Million | 0.221 B USD | 3Q/22 |
| Exports | 1168 USD Million | 1.168 B USD | Nov/22 |
| Foreign Exchange Reserves | 20020 USD Million | 20.02 B USD | Dec/22 |
| Imports | 2631 USD Million | 2.631 B USD | Nov/22 |
| Tourist Arrivals | 0 Persons | 0 Million Persons | 2Q/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 6.89 Tonnes | 3Q/22 |
| Interest Rate | 3.75 % | Dec/22 |
| Money Supply M0 | 123637 GTQ Million | 15.74 B USD | Dec/22 |
| Money Supply M1 | 166095 GTQ Million | 21.145 B USD | Dec/22 |
| Money Supply M2 | 410257 GTQ Million | 52.227 B USD | Dec/22 |
| Deposit Interest Rate | 4.14 % | 2021 |
| Foreign Direct Investment | 308 USD Million | 0.308 B USD | 3Q/22 |
| Private Sector Credit | 204605 GTQ Million | 26.047 B USD | Dec/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 2.2 % | 1Q/21 |
| Labor Force Participation Rate | 63 % | 1Q/21 |
| Living Wage Family | 4850 GTQ/Month | 629.38 USD/Month | 2018 |
| Living Wage Individual | 2500 GTQ/Month | 324.423 USD/Month | 2018 |
| Wages High Skilled | 8230 GTQ/Month | 1067.999 USD/Month | 2018 |
| Wages Low Skilled | 3180 GTQ/Month | 412.665 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 25 % | 2022 |
| Personal Income Tax Rate | 7 % | 2022 |
| Sales Tax Rate | 12 % | 2022 |
| Social Security Rate | 17.5 % | 2022 |
| Social Security Rate For Companies | 12.67 % | 2022 |
| Social Security Rate For Employees | 4.83 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 5.9 BBL/D/1K | Aug/22 |
| Steel Production | 25 Thousand Tonnes | Dec/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 25 Index Points | 2021 |
| Corruption Rank | 150 place | 2021 |
| Ease of Doing Business | 96 place | 2019 |
| Competitiveness Index | 53.52 Index Points | 2019 |
| Competitiveness Rank | 98 | 2019 |
| Leading Economic Index | 3.8 % | Nov/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Spending | 510526 GTQ Million | 64.992 B USD | 2022 |
