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Indicators of economy in Guatemala

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Guatemala reached 4.603 US dollars per inhabitant, or 77.60 bn US Dollar in the whole country. Guatemala is therefore currently ranked 68 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Guatemala is in the list of the world's richest countries in place 108.

Inflation in Guatemala was in 2020 at around 3.21%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices for convenience goods are approximately 33.74% lower.
The Corruption Perceptions Index for the public sector counts 25 and is compared to other countries very bad.


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Unemployment rates in percent 1991 - 2020

Economic performance 2020

 Guatemala
Total
Guatemala
per capita
EU
Total
EU
per capita
GDP77.60 bn USD4,603.34 USD15,192.65 tn USD29,499.72 USD
Gross national product75.69 bn USD4,489.65 USD16,042.23 tn USD31,149.36 USD


Development of the Gross domestic product in billion US Dollar 1979 - 2020



Im- and Exports 2020

 Guatemala
Total
Guatemala
per capita
EU
Total
EU
per capita
Imports21.60 bn USD1,281.35 USD8,073.39 bn USD15,676.19 USD
Exports13.58 bn USD805.68 USD8,622.21 bn USD16,741.84 USD


Development of imports and exports in billion US dollars 1979 - 2020

Exports
Imports



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