Guatemala GDP Annual Growth Rate 2002-2014 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Guatemala expanded 4.30 percent in the second quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Guatemala averaged 3.52 Percent from 2002 until 2014, reaching an all time high of 7.70 Percent in the second quarter of 2007 and a record low of -1.70 Percent in the second quarter of 2009. GDP Annual Growth Rate in Guatemala is reported by the Banco de Guatemala.

      Forecast    
Guatemala GDP Annual Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
4.30 3.50 7.70 -1.70 2002 - 2014 percent Quarterly
Guatemala has one of the lowest GDP per capita of the Americas. The main sector of the economy is services which accounts for 60 percent of GDP. The growing tourism industry is one of the major sources of income. More importantly, in recent years Guatemala was able to attract foreign direct investment to its production industries. As a result, the manufacturing sector now employs 23 percent of the population and accounts for 30 percent of GDP. Nevertheless, high crime rate and corruption, lack of high-skilled manpower and low quality infrastructures are the country's most challenging obstacles for growth. This page provides - Guatemala GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Guatemala GDP Annual Growth Rate - was last refreshed on Sunday, December 21, 2014.

Guatemala GDP Last Previous Highest Lowest Unit
GDP 53.80 50.39 53.80 1.04 USD Billion [+]
GDP Annual Growth Rate 4.30 3.50 7.70 -1.70 percent [+]
GDP Constant Prices 221820.00 214088.20 221820.00 146977.80 GTQ Million [+]
GDP per capita 2340.78 2315.68 2340.78 1170.73 USD [+]
Gross Fixed Capital Formation 32272.90 31726.20 35657.60 26905.70 GTQ Million [+]
GDP per capita PPP 7062.52 6985.19 7062.52 5315.06 USD [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.70 Aug/14 2.70 9.00 -3.40 percent [+]
Brazil -0.20 Aug/14 -0.90 10.10 -3.15 percent [+]
Canada 2.59 Aug/14 2.54 8.80 -3.70 percent [+]
China 7.30 Aug/14 7.50 14.20 3.80 percent [+]
Euro Area 0.80 Aug/14 0.80 5.00 -5.50 percent [+]
France 0.40 Aug/14 0.00 4.90 -4.30 percent [+]
Germany 1.20 Aug/14 1.00 5.20 -6.80 percent [+]
India 5.30 Aug/14 5.70 11.40 -5.20 percent [+]
Indonesia 5.01 Aug/14 5.12 7.16 1.56 percent [+]
Italy -0.50 Aug/14 -0.30 10.30 -6.90 percent [+]
Japan -1.20 Aug/14 -0.20 9.40 -9.40 percent [+]
Mexico 2.20 Aug/14 1.60 8.50 -8.10 percent [+]
Netherlands 1.10 Aug/14 1.10 5.80 -4.40 percent [+]
Russia 0.70 Aug/14 0.80 12.10 -11.20 percent [+]
South Korea 3.20 Aug/14 3.50 18.20 -7.30 percent [+]
Spain 1.60 Aug/14 1.30 5.80 -4.40 percent [+]
Switzerland 1.90 Aug/14 1.60 7.30 -3.70 percent [+]
Turkey 1.70 Aug/14 2.20 12.60 -14.70 percent [+]
United Kingdom 3.00 Aug/14 3.20 9.80 -5.80 percent [+]
United States 2.40 Aug/14 2.60 13.40 -4.10 percent [+]