The Personal Income Tax Rate in Guatemala stands at 7 percent. Guatemala Personal Income Tax Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Personal Income Tax Rate in Guatemala averaged 21.40 percent from 2004 until 2018, reaching an all time high of 31 percent in 2005 and a record low of 7 percent in 2013. This page provides - Guatemala Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Personal Income Tax Rate in Guatemala is expected to reach 7.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Personal Income Tax Rate is projected to trend around 7.00 percent in 2021, according to our econometric models.


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Guatemala Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 31.00 7.00 2004 - 2020 percent Yearly


Guatemala Personal Income Tax Rate
In Guatemala, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Guatemala.