Guatemala recorded a Current Account surplus of 0.80 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Guatemala averaged -3.66 percent from 1990 until 2018, reaching an all time high of 1.60 percent in 2017 and a record low of -8.40 percent in 1992.

Current Account to GDP in Guatemala is expected to be -0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Current Account to GDP is projected to trend around -1.50 percent in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Guatemala Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.60 1.60 -8.40 1990 - 2018 percent Yearly


Guatemala Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.

Guatemala Trade Last Previous Highest Lowest Unit
Balance of Trade -681.60 -562.00 68.20 -988.00 USD Million [+]
Current Account 695.20 308.90 695.20 -759.50 USD Million [+]
Current Account to GDP 0.80 1.60 1.60 -8.40 percent [+]
Exports 896.70 970.10 1086.90 145.60 USD Million [+]
Imports 1578.30 1737.10 1881.10 214.00 USD Million [+]
Capital Flows 64.40 1655.80 2619.80 64.40 USD Million [+]
Remittances 9287.80 8192.20 9287.80 96.50 USD Million [+]
Gold Reserves 6.89 6.89 7.06 6.66 Tonnes [+]
Terrorism Index 1.33 0.21 2.64 0.00 [+]
Tourist Arrivals 622396.00 664865.00 664865.00 368746.00 persons [+]
Foreign Direct Investment 195.70 340.00 388.90 66.10 USD Million [+]
Crude Oil Production 9.00 9.00 28.00 7.50 BBL/D/1K [+]