Guatemala recorded a government budget deficit of 527.70 GTQ Million in February of 2021. source: Banco de Guatemala

Government Budget Value in Guatemala averaged -540.18 GTQ Million from 1995 until 2021, reaching an all time high of 1704.90 GTQ Million in October of 2014 and a record low of -6931.70 GTQ Million in December of 2020. This page provides - Guatemala Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala Government Budget Value - values, historical data and charts - was last updated on April of 2021.

Government Budget Value in Guatemala is expected to be -4680.00 GTQ Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Guatemala to stand at -4680.00 in 12 months time. In the long-term, the Guatemala Government Budget Value is projected to trend around -4680.00 GTQ Million in 2022, according to our econometric models.

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Guatemala Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-527.70 1457.60 1704.90 -6931.70 1995 - 2021 GTQ Million Monthly
Current Prices, NSA

Guatemala Government Last Previous Highest Lowest Unit
Government Debt to GDP 27.88 26.04 50.45 20.04 percent [+]
Government Budget -2.30 -1.80 0.24 -3.30 percent of GDP [+]
Government Budget Value -527.70 1457.60 1704.90 -6931.70 GTQ Million [+]
Government Spending 55259.20 52932.50 55259.20 13587.00 GTQ Million [+]
Government Revenues 5018.00 7134.80 7882.30 451.00 GTQ Million [+]
Fiscal Expenditure 5545.70 5677.20 12499.80 228.60 GTQ Million [+]
Military Expenditure 338.00 273.00 663.00 110.50 USD Million [+]
Credit Rating 43.00 [+]


Guatemala Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.