The Gross Domestic Product (GDP) in Guatemala contracted 9.64 percent in the second quarter of 2020 over the same quarter of the previous year.
GDP Annual Growth Rate in Guatemala averaged 3.31 percent from 2002 until 2020, reaching an all time high of 7.70 percent in the second quarter of 2007 and a record low of -9.64 percent in the second quarter of 2020. This page provides - Guatemala GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala GDP Annual Growth Rate - values, historical data and charts - was last updated on October of 2020. source: Banco de Guatemala
GDP Annual Growth Rate in Guatemala is expected to be -4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Guatemala to stand at 4.90 in 12 months time. In the long-term, the Guatemala GDP Annual Growth Rate is projected to trend around 3.60 percent in 2021 and 3.40 percent in 2022, according to our econometric models.