Markets Actual Q3 Q4 Q1 Q2 2021
Currency 7.69 7.69 7.69 7.69 7.69 7.69

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 3.89 -5.5 -3.5 0.5 1.8 3.6
Unemployment Rate (%) 2.50 4.5 4.2 3.9 3.7 3.4
Inflation Rate (%) 1.80 1.6 1.7 1.8 2 2.6
Interest Rate (%) 1.75 1.75 1.5 1.5 1.5 1.5
Balance of Trade (USD Million) -506.50 -690 -810 -720 -17120 -1050
Current Account (USD Million) 332.58 -260 -300 -300 -300 -300
Current Account to GDP (%) 2.40 1.5 1.5 1.3 1.3 1.3
Government Debt to GDP (%) 27.88 30 30 31 31 31
Government Budget (% of GDP) -2.30 -4.5 -4.5 -4 -4 -4
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 7.00 7 7 7 7 7

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 3.89 -5.5 -3.5 0.5 1.8 3.6
GDP (USD Billion) 85.30 82 82 84.5 84.5 84.5
GDP Constant Prices (GTQ Million) 131557.50 119541 126953 132215 133926 131523
Gross Fixed Capital Formation (GTQ Million) 72283.30 36869 69753 72645 73584 72265
GDP per capita (USD) 3160.01 3340 3340 3400 3400 3400
GDP per capita PPP (USD) 7508.86 7700 7700 7700 7397 7441
GDP From Agriculture (GTQ Million) 12312.13 11129 11881 12374 12534 12309
GDP From Construction (GTQ Million) 6030.25 5543 5819 6060 6139 6029
GDP From Manufacturing (GTQ Million) 18492.47 16531 17845 18585 18825 18488
GDP From Mining (GTQ Million) 1047.19 1063 1011 1052 1066 1047
GDP From Public Administration (GTQ Million) 5145.75 4842 4966 5171 5238 5144
GDP From Transport (GTQ Million) 3575.14 3168 3450 3593 3639 3574
GDP From Utilities (GTQ Million) 3886.17 3101 3750 3906 3956 3885

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 2.50 4.5 4.2 3.9 3.7 3.4
Population (Million) 17.69 17.9 18.07 18.07 18.07 18.45

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 1.80 1.6 1.7 1.8 2 2.6
Consumer Price Index CPI (points) 142.85 142 144 144 146 148
Inflation Expectations (%) 3.78 3.5 3.6 3.8 4 4.3
Inflation Rate Mom (%) 0.19 0.3 0.6 0.5 0.3 0.5
Food Inflation (%) 4.83 4.4 4.2 3.9 3.7 2
Core Inflation Rate (%) 2.44 2.3 2.5 2.4 2.3 2.3
Cpi Housing Utilities (points) 111.46 115 116 116 114 119

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 1.75 1.75 1.5 1.5 1.5 1.5
Deposit Interest Rate (%) 5.17 5.17 4.92 4.92 4.92 4.92

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -506.50 -690 -810 -720 -17120 -1050
Current Account (USD Million) 332.58 -260 -300 -300 -300 -300
Current Account to GDP (%) 2.40 1.5 1.5 1.3 1.3 1.3
Imports (USD Million) 1532.50 1550 1730 1800 18200 1990
Exports (USD Million) 1026.00 860 920 1080 1080 940
Foreign Direct Investment (USD Million) 252.30 180 330 187 187 335
Tourist Arrivals (persons) 667205.00 580000 590000 670000 670000 620000

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 27.88 30 30 31 31 31
Government Budget (% of GDP) -2.30 -4.5 -4.5 -4 -4 -4
Government Budget Value (GTQ Million) 792.90 -5050 -4680 -4680 -4680 -4680
Government Spending (GTQ Million) 52932.50 25865 51080 53197 53885 52919

Taxes Actual Q3 Q4 Q1 Q2 2021
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 7.00 7 7 7 7 7
Sales Tax Rate (%) 12.00 12 12 12 12 12
Social Security Rate (%) 17.50 17.5 17.5 17.5 17.5 17.5
Social Security Rate For Companies (%) 12.67 12.67 12.67 12.67 12.67 12.67
Social Security Rate For Employees (%) 4.83 4.83 4.83 4.83 4.83 4.83

Business Actual Q3 Q4 Q1 Q2 2021
Leading Economic Index (%) -10.20 -2.5 -0.3 0.5 0.8 3.3

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (GTQ Million) 454843.60 219240 438924 457118 463031 454725
Gasoline Prices (USD/Liter) 0.62 0.59 0.56 0.53 0.51 0.48


This page has economic forecasts for Guatemala including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Guatemala economy.