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Trading Basics

Guatemala

Capital
Guatemala City
Region
Latin America & Caribbean
Income group
Upper middle income
Population
18.7 million (2025)

At a glance

  • Prices in Guatemala rose 1.5% in 2025, slower than in most countries.
  • Guatemala's economy grew 4.3% in 2025, faster than most economies.
  • Output per person in Guatemala was US$6,598 in 2025, close to the middle of the range worldwide.
  • 2.6% of Guatemala's labour force had no job in 2025, a lower share than in most countries.
  • Guatemala had 18.7 million people in 2025: about 0.2% of everyone on Earth, the 69th largest population of 217 countries and territories.
  • Guatemala had a current account surplus of 4.7% of GDP in 2025, higher than in most countries.

Consumer prices, change over the year (yearly average)

1.5%
World median 3.0%

Since 2000

Show the numbers
Inflation in Guatemala and the world median, last ten years
YearGuatemalaWorld median
20251.5%3.0%
20242.9%3.0%
20236.2%5.7%
20226.9%8.0%
20214.3%3.5%
20203.2%1.9%
20193.7%2.2%
20183.8%2.5%
20174.4%2.3%
20164.5%1.6%

Real GDP, change over the year

4.3%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Guatemala and the world median, last ten years
YearGuatemalaWorld median
20254.3%3.4%
20243.7%3.4%
20233.5%3.2%
20224.2%4.3%
20218.0%5.1%
2020−1.8%−3.8%
20194.0%2.8%
20183.4%3.2%
20173.1%3.3%
20162.7%3.1%

GDP divided by population, in US dollars at current prices

US$6,598
World median US$7,882

Since 2000

Show the numbers
GDP per person in Guatemala and the world median, last ten years
YearGuatemalaWorld median
2025US$6,598US$7,882
2024US$6,151US$7,853
2023US$5,754US$7,862
2022US$5,357US$7,656
2021US$4,913US$7,269
2020US$4,478US$6,433
2019US$4,512US$7,037
2018US$4,353US$6,978
2017US$4,325US$6,548
2016US$4,060US$5,982

Share of the labour force without a job (ILO modelled estimate)

2.6%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Guatemala and the world median, last ten years
YearGuatemalaWorld median
20252.6%5.1%
20242.6%5.1%
20232.3%5.2%
20223.1%5.3%
20212.2%6.0%
20203.0%6.4%
20192.2%5.4%
20182.3%5.4%
20172.5%5.6%
20162.6%5.9%

Everyone living in the country, mid-year

18.7 million

Since 2000

Show the numbers
Population in Guatemala and the world median, last ten years
YearGuatemala
202518.7 million
202418.4 million
202318.1 million
202217.8 million
202117.6 million
202017.4 million
201917.1 million
201816.8 million
201716.6 million
201616.3 million

Current account balance, % of GDP

4.7%
World median −0.8%

Since 2000

Show the numbers
Current account balance in Guatemala and the world median, last ten years
YearGuatemalaWorld median
20254.7%−0.8%
20242.9%−1.3%
20233.1%−1.2%
20221.2%−3.0%
20212.2%−2.4%
20205.0%−1.7%
20192.4%−2.1%
20180.9%−2.9%
20171.2%−2.1%
20161.0%−2.8%

No recent World Bank figure for Guatemala: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Guatemala since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.