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 | 4.48 % | 1Q/22 |
| GDP per capita | 4372 USD | 2021 |
| Inflation Rate YoY | 7.55 % | Jun/22 |
| Interest Rate | 2.25 % | Jun/22 |
| Unemployment Rate | 2 % | 3Q/19 |
| Balance of Trade | -1072 USD Million | -1.072 B USD | May/21 |
| Current Account | 152 USD Million | 0.152 B USD | 1Q/22 |
| Foreign Exchange Reserves | 19876 USD Million | 19.876 B USD | Jun/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 85.99 USD Billion | 2021 |
| GDP Annual Growth Rate | 4.48 % | 1Q/22 |
| GDP per capita | 4372 USD | 2021 |
| GDP Constant Prices | 141664 GTQ Million | 18.22 B USD | 1Q/22 |
| GDP per capita PPP | 8892 USD | 2021 |
| GDP From Agriculture | 14216 GTQ Million | 1.828 B USD | 1Q/22 |
| GDP From Construction | 6008 GTQ Million | 0.773 B USD | 1Q/22 |
| GDP From Manufacturing | 20562 GTQ Million | 2.645 B USD | 1Q/22 |
| GDP From Mining | 1059 GTQ Million | 0.136 B USD | 1Q/22 |
| GDP From Public Administration | 5354 GTQ Million | 0.689 B USD | 1Q/22 |
| GDP From Transport | 3541 GTQ Million | 0.455 B USD | 1Q/22 |
| GDP From Utilities | 3993 GTQ Million | 0.514 B USD | 1Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 31.26 % | 2020 |
| Government Budget Value | -2012 GTQ Million | -0.259 B USD | Jun/22 |
| Government Spending | 56310 GTQ Million | 7.242 B USD | 2021 |
| Government Revenues | 6377 GTQ Million | 0.82 B USD | Jun/22 |
| Fiscal Expenditure | 8389 GTQ Million | 1.079 B USD | Jun/22 |
| Government Budget to GDP | -4.9 % | 2020 |
| Military Expenditure | 337 USD Million | 0.337 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 162 Index Points | Jun/22 |
| Food Inflation | 10.65 % | Jun/22 |
| Gasoline Prices | 1.08 USD/Liter | Jul/22 |
| Inflation Rate YoY | 7.55 % | Jun/22 |
| Inflation Rate Mom | 1.83 % | Jun/22 |
| Core Consumer Prices | 146 Index Points | Jun/22 |
| Core Inflation Rate | 4.34 % | Jun/22 |
| CPI Housing Utilities | 124 Index Points | Jun/22 |
| CPI Transportation | 147 Index Points | Jun/22 |
| Inflation Expectations | 4.22 % | Aug/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 5.5 % | 2020 |
| Balance of Trade | -1072 USD Million | -1.072 B USD | May/21 |
| Capital Flows | -114 USD Million | -114000 B USD | 2021 |
| Current Account | 152 USD Million | 0.152 B USD | 1Q/22 |
| Exports | 1527 USD Million | 1.527 B USD | Apr/22 |
| Foreign Exchange Reserves | 19876 USD Million | 19.876 B USD | Jun/22 |
| Imports | 2643 USD Million | 2.643 B USD | Apr/22 |
| Tourist Arrivals | 0 Persons | 0 Million Persons | 2Q/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 6.89 Tonnes | 1Q/22 |
| Interest Rate | 2.25 % | Jun/22 |
| Money Supply M0 | 109690 GTQ Million | 14.107 B USD | Jun/22 |
| Money Supply M1 | 149344 GTQ Million | 19.207 B USD | Jun/22 |
| Money Supply M2 | 384079 GTQ Million | 49.397 B USD | Jun/22 |
| Deposit Interest Rate | 4.63 % | 2020 |
| Foreign Direct Investment | 306 USD Million | 0.306 B USD | 1Q/21 |
| Private Sector Credit | 185614 GTQ Million | 23.872 B USD | Jul/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 2 % | 3Q/19 |
| Labor Force Participation Rate | 59.1 % | 3Q/19 |
| 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 % | 2021 |
| Personal Income Tax Rate | 7 % | 2021 |
| Sales Tax Rate | 12 % | 2021 |
| Social Security Rate | 17.5 % | 2021 |
| Social Security Rate For Companies | 12.67 % | 2021 |
| Social Security Rate For Employees | 4.83 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 6.5 BBL/D/1K | Mar/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 | 3.61 % | Jun/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Spending | 490266 GTQ Million | 63.054 B USD | 2021 |
