Guatemala Economic Statistics and Indicators

17, Apr 2021, EDT. Welcome to the Guatemala economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Guatemala › Change country
National or Regional Currency: Quetzal, GTQ
Year of data: 2015 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 14,647,083 (July 2014 est.)
Area: total: 108,889 sq km ; land: 107,159 sq km ; water: 1,730 sq km
Natural Resources: petroleum, nickel, rare woods, fish, chicle, hydropower
Capital: name: Guatemala City ; geographic coordinates: 14 37 N, 90 31 W ; time difference: UTC-6 (1 hour behind Washington, DC, during Standard Time)

Guatemala is the most populous country in Central America with a GDP per capita roughly one-half that of the average for Latin America and the Caribbean. The agricultural sector accounts for 13.5% of GDP and 30% of the labor force; key agricultural exports include coffee, sugar, bananas, and vegetables. The 1996 peace accords, which ended 36 years of civil war, removed a major obstacle to foreign investment, and since then Guatemala has pursued important reforms and macroeconomic stabilization. The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) entered into force in July 2006, spurring increased investment and diversification of exports, with the largest increases in ethanol and non-traditional agricultural exports. While CAFTA-DR has helped improve the investment climate, concerns over security, the lack of skilled workers, and poor infrastructure continue to hamper foreign direct investment. The distribution of income remains highly unequal with the richest 20% of the population accounting for more than 51% of Guatemala's overall consumption. More than half of the population is below the national poverty line, and 13% of the population lives in extreme poverty. Poverty among indigenous groups, which make up more than 40% of the population, averages 73%, with 22% of the indigenous population living in extreme poverty. Nearly one-half of Guatemala's children under age five are chronically malnourished, one of the highest malnutrition rates in the world. Guatemala is the top remittance recipient in Central America as a result of Guatemala's large expatriate community in the United States. These inflows are a primary source of foreign income, equivalent to one-half of the country's exports or one-tenth of its GDP.
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GDP (Constant Prices, National Currency) for Guatemala in year 2015 is GTQ 240.537 Billion.

GDP Growth (Constant Prices, National Currency) for Guatemala in year 2015 is 4 %.

GDP (Current Prices, National Currency) for Guatemala in year 2015 is GTQ 489.15 Billion.

GDP (Current Prices, US Dollars) for Guatemala in year 2015 is US$ 63.911 Billion.

GDP Deflator for Guatemala in year 2015 is 203.357 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Guatemala in year 2015 is GTQ 14,787.51 .

GDP Per Capita (Current Prices, National Currency) for Guatemala in year 2015 is GTQ 30,071.46 .

GDP Per Capita (Current Prices, US Dollars) for Guatemala in year 2015 is US$ 3,929.08 .

GDP (PPP), US Dollars for Guatemala in year 2015 is US$ 125.862 Billion.

GDP Per Capita (PPP), US Dollars for Guatemala in year 2015 is US$ 7,737.61 .

GDP Share of World Total (PPP) for Guatemala in year 2015 is 0.111 %.

Implied PPP Conversion Rate for Guatemala in year 2015 is 3.886 .

Investment (% of GDP) for Guatemala in year 2015 is 12.241 %.

Gross National Savings (% of GDP) for Guatemala in year 2015 is 11.748 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Guatemala in year 2015 is 119.518 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Guatemala in year 2015 is 2.389 %.

Inflation, End of Year (Indexed to Year 2000) for Guatemala in year 2015 is 121.68 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Guatemala in year 2015 is 3.066 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Guatemala in year 2015 is 11.247 %.

Import Volumes of Goods Only (Percent Change) for Guatemala in year 2015 is 15.925 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Guatemala in year 2015 is 2.019 %.

Export Volumes of Goods Only (Percent Change) for Guatemala in year 2015 is 5.74 %.

Population for Guatemala in year 2015 is 16.266 Million .

General government revenue (National Currency) for Guatemala in year 2015 is GTQ 52.76 Billions.

General government revenue (% of GDP) for Guatemala in year 2015 is 10.786 %.

General government total expenditure (National Currency) for Guatemala in year 2015 is GTQ 59.891 Billions.

General government total expenditure (% of GDP) for Guatemala in year 2015 is 12.244 %.

Total Government Net Lending/ Borrowing (National Currency) for Guatemala in year 2015 is GTQ -7.131 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Guatemala in year 2015 is -1.458 %.

Fiscal Year Gross Domestic Product, Current Prices for Guatemala in year 2015 is GTQ 489.15 Billions.

Current Account Balance (US Dollars) for Guatemala in year 2015 is US$ -0.315 Billion.

Current Account Balance (% GDP) for Guatemala in year 2015 is -0.492 %.