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General profile: Guatemala

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
18.125 Millions
..
101 955 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 107 160 km²
6.21 %
3.38 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-9.5 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
5 381
8 463
10 677
14 199
Merchandise imports
10 499
13 838
17 640
30 318
Merchandise trade balance
-5 118
-5 376
-6 962
-16 119
Export structure by product group in 2023
(as % of total exports)
6 %6 %43 %43 %51 %51 %
Top 5 partners in 2023
(exports, millions of US$)
4 5821 6961 5568456754 5821 6961 556845675
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
1 308
2 405
3 243
4 273
Services imports
1 450
2 469
3 162
5 677
Services trade balance
-142
-64
81
-1 404
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
11.8
11.7
14.1
14.5
Travel
60.5
43.8
36.1
32.1
Other services
27.7
30.1
34.2
40.1
TRADE INDICES
More data on UNCTADstat
112120122115105100106107100867876797368656561959410010497981021081009594961021031039598100
ECONOMIC TRENDS
More data on UNCTADstat
+3.4 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
26 779
40 682
62 186
101 955
GDP per capita, current US$
2 046
2 806
3 894
5 625
Real GDP growth, y-on-y, %
3.26
2.87
4.09
3.38
Current account balance, % of GDP
-4.63
-1.89
-1.24
3.22
Exchange rate (/US$)
7.634
8.058
7.655
..
GDP by expenditure in 2022
(as % of total GDP)
88.511.516.719.035.788.511.516.719.035.7
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.7 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
508.30
658.31
1 230.89
1 552.34
FDI outflows
38.30
50.32
182.80
664.69
Personal remittances, % of GDP
..
10.38
10.42
..
Financial flows trends
(millions of US$)
18 177.315 407.611 405.410 655.69 437.78 393.97 362.76 481.95 751.45 303.74 965.34 533.04 224.71 5521 4423 4629359769811 1301 1741 2311 4421 4791 2701 219658522738745592508296263205499230FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
-16.18
-11.63
-10.22
-15.43
Balance, % of imports
-39.03
-33.02
-34.03
-47.61
Normalized balance
-0.242
-0.198
-0.205
-0.312
Trade openness²
(sum of imports and exports as % of GDP)
49554941464746465055575961595662696867
LIVING AREA
Population by living area in 2023
(% of population)
Urban 53%Urban 53%Rural 47%Rural 47%
OTHER INDICATORS
More data on UNCTADstat
0 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
5
3
2
2
Container port throughput (TEU)
..
970 635
1 350 920
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
0.28
0.88
0.27
..
Share of ICT goods, % of total imports
6.03
6.81
6.16
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024