Indicators of economy in Guatemala

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Guatemala, on the other hand, reached USD 5,026 per capita, or 85.99 billion USD for the whole country. Guatemala is therefore currently ranked 69 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Guatemala ranks 121st in the list of the richest countries.

Inflation in Guatemala in 2021 was around 4.26%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 40.4 percent lower.
The index for perceived corruption in the public sector is 25, which is rather poor by global standards.


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