Guatemala GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$113.20

Source: world bank Nominal/PPP
Summary:

Guatemala GDP Per Capita expanded from 1960 to 2024, increasing from $1.04 to $113.20 .The compound annual growth rate (CAGR) averaged 7.6% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 27.16%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.

Latest GDP Per Capita of Guatemala 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 113.20 dollars$ 264.48 Int dollars
Growth (YoY)8.461%6.159%
Net Change vs Previous Year$ 8.83 dollars$ 15.34 Int dollars
% of World GDP Per Capita0.10%0.13%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Guatemala GDP | Guatemala GDP Growth

Guatemala Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19601.04-----
19611.080.033.172 %---
19621.140.076.213 %---
19631.260.1210.423 %---
19641.30.042.875 %---
19651.330.032.486 %---
19661.390.064.454 %---
19671.450.064.516 %---
19681.610.1610.802 %---
19691.720.16.513 %---
19701.90.1910.995 %---
19711.980.084.244 %---
19722.10.125.87 %---
19732.570.4722.267 %---
19743.160.5923.054 %---
19753.650.4815.322 %---
19764.370.7219.732 %---
19775.481.1225.547 %---
19786.070.5910.767 %---
19796.90.8313.705 %---
19807.880.9814.141 %---
19818.610.739.25 %---
19828.720.111.272 %---
19839.050.333.82 %---
19849.470.424.641 %---
19859.720.252.657 %---
19867.23-2.49-25.61 %---
19877.08-0.15-2.04 %---
19887.840.7610.688 %---
19898.410.577.258 %---
19907.65-0.76-9.042 %30.05--
19919.411.7622.953 %32.22.157.164 %
199210.441.0311 %34.532.337.227 %
199311.40.969.187 %36.742.216.391 %
199412.981.5813.888 %39.032.36.255 %
199514.661.6712.879 %41.822.797.149 %
199615.671.026.956 %43.852.034.843 %
199717.792.1213.494 %46.552.76.164 %
199819.41.619.025 %49.432.876.174 %
199918.32-1.08-5.553 %52.052.635.317 %
200019.290.975.298 %55.153.15.956 %
200118.41-0.88-4.581 %57.712.564.637 %
200220.442.0411.078 %60.863.155.453 %
200321.581.135.538 %63.652.794.585 %
200423.5829.274 %67.413.765.911 %
200526.783.2113.598 %71.84.396.514 %
200629.742.9611.055 %77.986.188.6 %
200733.573.8212.855 %85.177.199.219 %
200838.54.9414.704 %89.674.55.284 %
200937.13-1.38-3.578 %90.650.981.097 %
201040.683.559.563 %94.43.754.135 %
201146.886.215.241 %100.365.966.313 %
201249.592.725.798 %109.539.179.136 %
2013533.46.861 %118.488.968.178 %
201457.854.869.162 %129.1710.689.017 %
201562.194.337.491 %142.6913.5310.473 %
201666.053.876.219 %149.774.908 %
201771.655.68.479 %158.398.695.806 %
201873.331.672.337 %167.569.175.792 %
201977.173.845.242 %183.9716.419.79 %
202077.720.550.709 %190.026.053.289 %
202186.468.7411.24 %208.1118.099.52 %
202295.649.1910.625 %232.2724.1711.612 %
2023104.378.739.125 %249.1316.867.258 %
2024113.28.838.461 %264.4815.346.159 %

Guatemala Economic Phases (1960 - 2024)

From 1960 to 2024, Guatemala economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1962–1963) indicating robust economic expansion
  • Expansion (1964–1967) indicating steady moderate growth
  • High Growth (1968–1970) indicating robust economic expansion
  • High Growth (1972–1981) indicating robust economic expansion
  • Expansion (1982–1985) indicating steady moderate growth
  • High Growth (1988–1989) indicating robust economic expansion
  • High Growth (1991–1998) indicating robust economic expansion
  • High Growth (2002–2008) indicating robust economic expansion
  • High Growth (2010–2017) indicating robust economic expansion
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1977 with an increase of 25.547%, while the largest decline was in 1986 at -25.61%.