Prices & public finance · Latin America & Caribbean · Upper-middle income
Guatemala: prices, money and public finance
Inflation is 1.5% (2025), 133rd of 180 in the world and 20th of 31 in Latin America & Caribbean. GDP deflator is 3.4% (2025), 100th of 209 in the world and 20th of 40 in Latin America & Caribbean. Lending rate is 12.9% (2025), 39th of 136 in the world and 9th of 31 in Latin America & Caribbean.
Inflation
GuatemalaLatin America & CaribbeanUpper-middle incomeWorld
GDP deflator
GuatemalaLatin America & CaribbeanUpper-middle incomeWorld
14 indicators
Prices & public finance: Guatemala in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 1.5%2025 | 133/180 | 20/31 | 6.0% | 3.9% | 3.2% | −0.9 ppsince 2015 | 2.1% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 3.4%2025 | 100/209 | 20/40 | 6.8% | 5.1% | 2.9% | +1.2 ppsince 2015 | 3.4% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 12.9%2025 | 39/136 | 9/31 | 20.9% | 13.3% | 12.5% | −0.4 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 9.2%2025 | 28/136 | 5/31 | 13.2% | 7.8% | 9.4% | −1.6 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 7.682025 | 112/210 | 15/39 | 7.76 | 8.06 | 7.72 | +0.3%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 11.6%2024 | 111/142 | 17/20 | 10.1% | 10.6% | 10.0% | +0.9 ppsince 2014 | 14.7% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 12.8%2024 | 131/142 | 19/20 | 10.2% | 11.3% | 11.1% | +0.5 ppsince 2014 | 22.8% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 13.5%2023 | 127/142 | 20/20 | 10.9% | 12.9% | 15.0% | +0.5 ppsince 2013 | 27.6% | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 25.2%2013 | 68/78 | 14/14 | 17.0% | 24.8% | · | +4.2 ppsince 2003 | 69.1% | — | — | |
| External debtExternal debt stocks, % of GNI | 24.2%2024 | 99/119 | 20/22 | 20.7% | 37.9% | 31.9% | −10.4 ppsince 2014 | — | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 37.2%2025 | 90/169 | 22/31 | 22.8%2001 | 24.2% | 35.9% | +2.0 ppsince 2015 | 52.9% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 60.4%2025 | 72/146 | 20/31 | 23.3% | 47.3% | 62.8% | +11.2 ppsince 2015 | 72.6% | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 9.32025 | 19/165 | 2/32 | 3.6 | 4.5 | 10.2 | +106%since 2015 | 6.6 | 9.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 0.52%2025 | 144/156 | 19/22 | 0.92% | 0.44% | 0.44% | +0.1 ppsince 2015 | 1.07% | 1.87% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Inflation−0.9 pp1.5% in 2025
- External debt−10.4 pp24.2% in 2024
- Reserves, months of imports+106%9.3 in 2025
Worse than ten years ago
- Government debt+4.2 pp25.2% in 2013
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Guatemala and its neighbours
Countries sharing a land border with Guatemala. Latest values since 2005; the highest in each row is marked.
| Indicator | Guatemala | Mexico | Honduras | El Salvador | Belize |
|---|---|---|---|---|---|
| Inflation | 1.5%2025 | 3.8%2025 | 4.6%2025 | 0.3%2025 | 1.1%2025 |
| GDP deflator | 3.4%2025 | 4.6%2025 | 8.0%2025 | 1.3%2025 | 1.1%2025 |
| Lending rate | 12.9%2025 | 8.8%2025 | 18.6%2025 | — | 8.5%2025 |
| Real interest rate | 9.2%2025 | 4.0%2025 | 9.8%2025 | — | 7.3%2025 |
| Exchange rate | 7.682025 | 19.242025 | 25.952025 | 1.002025 | 2.002025 |
| Tax revenue | 11.6%2024 | 14.8%2024 | 15.1%2020 | 21.8%2024 | 21.3%2017 |
| Government revenue | 12.8%2024 | 19.4%2024 | 22.2%2020 | 27.3%2024 | 23.8%2017 |
| Government expense | 13.5%2023 | 22.5%2023 | 24.4%2020 | 27.9%2023 | 22.3%2017 |
| Government debt | 25.2%2013 | 50.3%2024 | — | 107.3%2024 | 61.0%2014 |