GDP (current LCU), annual growth rate in Guatemala

Guatemala: GDP (current LCU), annual growth rate was 7.44 % change on previous year in 2024. ◆ Volatile

Latest (2024)
7.44 % change on previous year
Change on year
down 27.8%
World rank
101st
of 211 countries
All-time high
44.89 % change on previous year
in 1990
All-time low
-3.41 % change on previous year
in 2001
Years of data
54
1971–2024

GDP (current LCU), annual growth rate in Guatemala, 1971–2024

010203040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp (current lcu), annual growth rate in Guatemala is 7.44 % change on previous year, measured in 2024.

The figure is down 27.8% on the previous year and up 0.2% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Guatemala peaked at 44.89 % change on previous year in 1990 and was at its lowest, -3.41 % change on previous year, in 2001.

Guatemala ranks 101st of 211 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU), annual growth rate in Guatemala, year by year

Annual values for GDP (current LCU), annual growth rate in Guatemala, 1971 to 2024.
Year % change on previous year Change
1971 4.24 % change on previous year
1972 5.87 % change on previous year +38.3%
1973 22.27 % change on previous year +279.4%
1974 23.05 % change on previous year +3.5%
1975 15.32 % change on previous year -33.5%
1976 19.73 % change on previous year +28.8%
1977 25.55 % change on previous year +29.5%
1978 10.77 % change on previous year -57.9%
1979 13.71 % change on previous year +27.3%
1980 14.14 % change on previous year +3.2%
1981 9.25 % change on previous year -34.6%
1982 1.27 % change on previous year -86.2%
1983 3.82 % change on previous year +200.3%
1984 4.64 % change on previous year +21.5%
1985 18.06 % change on previous year +289.1%
1986 41.66 % change on previous year +130.8%
1987 11.83 % change on previous year -71.6%
1988 16 % change on previous year +35.3%
1989 15.28 % change on previous year -4.5%
1990 44.89 % change on previous year +193.8%
1991 37.84 % change on previous year -15.7%
1992 14.13 % change on previous year -62.7%
1993 19 % change on previous year +34.5%
1994 16.23 % change on previous year -14.6%
1995 14.05 % change on previous year -13.5%
1996 12.12 % change on previous year -13.7%
1997 12.98 % change on previous year +7.1%
1998 14.97 % change on previous year +15.3%
1999 9.08 % change on previous year -39.3%
2000 10.69 % change on previous year +17.7%
2001 -3.41 % change on previous year -131.9%
2002 10.56 % change on previous year -409.7%
2003 7.15 % change on previous year -32.3%
2004 9.35 % change on previous year +30.8%
2005 9.13 % change on previous year -2.4%
2006 10.6 % change on previous year +16.1%
2007 13.9 % change on previous year +31.2%
2008 13.01 % change on previous year -6.4%
2009 4.09 % change on previous year -68.5%
2010 8.17 % change on previous year +99.5%
2011 11.35 % change on previous year +38.9%
2012 6.45 % change on previous year -43.1%
2013 7.18 % change on previous year +11.2%
2014 7.43 % change on previous year +3.5%
2015 6.42 % change on previous year -13.7%
2016 5.46 % change on previous year -14.9%
2017 4.88 % change on previous year -10.6%
2018 4.72 % change on previous year -3.3%
2019 7.73 % change on previous year +63.6%
2020 1.04 % change on previous year -86.6%
2021 11.42 % change on previous year +1003.2%
2022 10.82 % change on previous year -5.3%
2023 10.3 % change on previous year -4.8%
2024 7.44 % change on previous year -27.8%

Guatemala compared with similar countries

  • Guatemala's 7.44 % change on previous year is above the median for upper middle income countries, which is 7.03 % change on previous year, 1.1× the median. (58 countries reporting)
  • Guatemala's 7.44 % change on previous year is above the median for Latin America & Caribbean, which is 7.38 % change on previous year, 1.0× the median. (40 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU), annual growth rate in Guatemala changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +1003.2% 1.04 % change on previous year 11.42 % change on previous year
2002 +409.7% -3.41 % change on previous year 10.56 % change on previous year
1985 +289.1% 4.64 % change on previous year 18.06 % change on previous year
1973 +279.4% 5.87 % change on previous year 22.27 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.61 % change on previous year 4.24 % change on previous year 25.55 % change on previous year 9
1980s 13.6 % change on previous year 1.27 % change on previous year 41.66 % change on previous year 10
1990s 19.53 % change on previous year 9.08 % change on previous year 44.89 % change on previous year 10
2000s 8.51 % change on previous year -3.41 % change on previous year 13.9 % change on previous year 10
2010s 6.98 % change on previous year 4.72 % change on previous year 11.35 % change on previous year 10
2020s 8.21 % change on previous year 1.04 % change on previous year 11.42 % change on previous year 5

Countries ranked near Guatemala

  1. 98 Colombia 7.62 % change on previous year compare
  2. 99 Uruguay 7.52 % change on previous year compare
  3. 100 New Caledonia 7.48 % change on previous year compare
  4. 102 Kiribati 7.39 % change on previous year compare
  5. 103 Brazil 7.32 % change on previous year compare
  6. 104 Armenia 7.13 % change on previous year compare

See the full ranking of 211 places →

More population data for Guatemala

All data for Guatemala →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Guatemala?
Gdp (current lcu), annual growth rate in Guatemala was 7.44 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Guatemala?
The highest recorded value was 44.89 % change on previous year in 1990.
What is the lowest gdp (current lcu), annual growth rate recorded in Guatemala?
The lowest recorded value was -3.41 % change on previous year in 2001.
How does Guatemala rank for gdp (current lcu), annual growth rate?
Guatemala ranks 101st out of 211 countries with data for 2024.
Is gdp (current lcu), annual growth rate rising or falling in Guatemala?
Over the last ten years it is up 0.2%. The long-run trend across the full record is volatile.
Where does this Guatemala data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Guatemala. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-annual-growth-rate-2/guatemala/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.