gt Guatemala 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$109.41 billion

↑ 4.74% vs 2023
GDP per Capita

$6,036.26

↑ 4.74% vs 2023
GDP Growth (Annual %)

4.74%

↑ 1.22pp vs 2023
Inflation Rate (CPI %)

2.87%

↓ 3.34pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $104.45 billion $109.41 billion +4.74%
GDP per Capita $5,762.82 $6,036.26 +4.74%
GDP Growth (Annual %) 3.53% 4.74% +1.22pp
Inflation (CPI %) 6.21% 2.87% -3.34pp
Unemployment Rate (%) 2.34% 2.22% -0.13pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$109.41 billion
GDP per Capita
$6,036.26
GDP Growth (Annual %)
4.74%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
2.87%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
2.22%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Guatemala's Gross Domestic Product (GDP) is $109.41 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Guatemala for 2024 is $6,036.26. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Guatemala for 2024 is 2.87%. This measures the annual percentage change in the cost of consumer goods and services.

Guatemala's annual GDP growth rate for 2024 is 4.74%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Guatemala for 2024 is 2.22%. This represents the percentage of the labor force that is unemployed and actively seeking employment.