Name: Guatemala GDP Annual Growth Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Guatemala,GDP Annual Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2024,2025,2026

The Gross Domestic Product (GDP) in Guatemala expanded 3.90 percent in the first quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Guatemala averaged 3.56 percent from 2002 until 2025, reaching an all time high of 15.50 percent in the second quarter of 2021 and a record low of -9.30 percent in the second quarter of 2020. source: Banco de Guatemala

GDP Annual Growth Rate in Guatemala is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala GDP Annual Growth Rate is projected to trend around 3.50 percent in 2026, according to our econometric models.

Related	Last	Previous	Unit	Reference
GDP Annual Growth Rate	3.90	4.50	percent	Mar 2025
GDP Constant Prices	157561.31	156450.29	GTQ Million	Mar 2025
GDP from Agriculture	14963.60	12855.77	GTQ Million	Mar 2025
GDP from Construction	7140.53	7232.80	GTQ Million	Mar 2025
GDP from Manufacturing	21941.55	20854.17	GTQ Million	Mar 2025
GDP from Mining	896.44	913.76	GTQ Million	Mar 2025
GDP from Public Administration	5760.34	5688.64	GTQ Million	Mar 2025
GDP from Transport	3990.12	3992.83	GTQ Million	Mar 2025
GDP from Utilities	4511.64	4279.53	GTQ Million	Mar 2025
Gross Fixed Capital Formation	101307.65	96663.25	GTQ Million	Dec 2024

Guatemala GDP Annual Growth Rate

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.