Guatemala GDP Growth

GDP Growth Rate

Year -

3.48%

In 2023, Guatemala experienced a significant a decrease in its GDP growth rate, which fall to 3.48% from 4.12% in 2022. Additionally, the GDP per capita growth rate in Guatemala decrease to 2.05% in 2023, compared to 2.63% in 2022.

Guatemala GDP Growth

In 2023, Guatemala experienced a decrease in economic performance, with the GDP growth rate falling by 0.64%. Additionally, the GDP per capita growth rate decrease by 0.58%.

Guatemala Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Guatemala Annual GDP Growth
YearGDP GrowthNet ChgGDP Capita GrowthNet Chg
19614.3%4.30%1.28%1.28%
19623.54%-0.76%0.54%-0.74%
19639.54%6.00%6.39%5.85%
19644.63%-4.91%1.65%-4.74%
19654.36%-0.27%1.43%-0.22%
19665.51%1.15%2.59%1.16%
19674.11%-1.40%1.29%-1.30%
19688.77%4.66%5.9%4.61%
19694.74%-4.03%2.06%-3.84%
19705.71%0.97%3.09%1.03%
19715.58%-0.13%3.05%-0.04%
19727.33%1.75%4.82%1.77%
19736.78%-0.55%4.33%-0.49%
19746.38%-0.40%3.96%-0.37%
19751.95%-4.43%-0.33%-4.29%
19767.39%5.44%5.01%5.34%
19777.81%0.42%5.41%0.40%
19785%-2.81%2.61%-2.80%
19794.71%-0.29%2.24%-0.37%
19803.76%-0.95%1.2%-1.04%
19810.65%-3.11%-1.93%-3.13%
1982-3.53%-4.18%-6.07%-4.14%
1983-2.57%0.96%-5.18%0.89%
19840.5%3.07%-2.22%2.96%
1985-0.61%-1.11%-3.31%-1.09%
19860.14%0.75%-2.59%0.72%
19873.54%3.40%0.72%3.31%
19883.89%0.35%1.06%0.34%
19893.94%0.05%1.11%0.05%
19903.1%-0.84%0.32%-0.79%
19913.66%0.56%0.91%0.59%
19924.84%1.18%2.12%1.21%
19933.93%-0.91%1.31%-0.81%
19944.03%0.10%1.47%0.16%
19954.95%0.92%2.41%0.94%
19962.96%-1.99%0.51%-1.90%
19974.36%1.40%1.93%1.42%
19984.99%0.63%2.54%0.61%
19993.85%-1.14%1.42%-1.12%
20003.61%-0.24%1.12%-0.30%
20012.33%-1.28%-0.1%-1.22%
20023.84%1.51%1.48%1.58%
20032.56%-1.28%0.35%-1.13%
20043.14%0.58%0.97%0.62%
20053.28%0.14%1.15%0.18%
20065.35%2.07%3.24%2.09%
20076.34%0.99%4.26%1.02%
20083.29%-3.05%1.32%-2.94%
20090.48%-2.81%-1.4%-2.72%
20102.88%2.40%1.01%2.41%
20114.16%1.28%2.29%1.28%
20122.97%-1.19%1.16%-1.13%
20133.69%0.72%1.89%0.73%
20144.44%0.75%2.65%0.76%
20154.09%-0.35%2.35%-0.30%
20162.68%-1.41%0.99%-1.36%
20173.08%0.40%1.42%0.43%
20183.41%0.33%1.77%0.35%
20194.02%0.61%2.41%0.64%
2020-1.79%-5.81%-3.27%-5.68%
20218%9.79%6.42%9.69%
20224.12%-3.88%2.63%-3.79%
20233.48%-0.64%2.05%-0.58%