growing Central American economy; unique South Korean business relations; high poverty, inequality, and malnutrition; low government revenues impede educational, sanitation, and healthcare efforts; high migration, child labor, and remittances
$152.734 billion (2021 est.)
$141.445 billion (2020 est.)
$143.985 billion (2019 est.)
note: data are in 2017 dollars
7.98% (2021 est.)
-1.76% (2020 est.)
4% (2019 est.)
$8,900 (2021 est.)
$8,400 (2020 est.)
$8,700 (2019 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, bananas, oil palm fruit, maize, melons, potatoes, milk, plantains, pineapples, rubber
sugar, textiles and clothing, furniture, chemicals, petroleum, metals, rubber, tourism
8.49% (2021 est.)
6.671 million (2021 est.)
agriculture: 31.4%
industry: 12.8%
services: 55.8% (2017 est.)
3.57% (2021 est.)
3.55% (2020 est.)
2.19% (2019 est.)
total: 7.2%
male: 6.3%
female: 9.4% (2021 est.)
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)
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.)
$15.318 billion (2021 est.) note: data are in current year dollars
$12.713 billion (2020 est.) note: data are in current year dollars
$13.598 billion (2019 est.) note: data are in current year dollars
United States 33%, El Salvador 12%, Honduras 8%, Mexico 5%, Nicaragua 5% (2019)
clothing, bananas, coffee, palm oil, cardamoms, raw sugar, iron alloys (2021)
$27.388 billion (2021 est.) note: data are in current year dollars
$19.267 billion (2020 est.) note: data are in current year dollars
$21.527 billion (2019 est.) note: data are in current year dollars
United States 36%, China 12%, Mexico 11%, El Salvador 5% (2019)
refined petroleum, broadcasting equipment, packaged medicines, cars, delivery trucks (2019)
$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 -
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 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Guatemala 2023 information contained here. All suggestions for corrections of any errors about Guatemala 2023 should be addressed to the CIA or the source cited on each page.
This page was last modified 06 Dec 23, Copyright © 2023 ITA all rights reserved.