Markets Actual Q4 Q1 Q2 Q3 2022
Currency 7.72 7.72 7.72 7.72 7.72 7.72

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 15.06 4 1.6 3.2 2.6 3.8
Unemployment Rate (%) 2.00 5 4 4 4 4
Inflation Rate (%) 2.96 3.4 3 3 3.1 3.2
Interest Rate (%) 1.75 1.75 1.75 2 2 2
Balance of Trade (USD Million) -1071.90 -1050 -1050 -1050 -1050 -1070
Current Account (USD Million) 712.18 -300 -300 -300 -300 -300
Current Account to GDP (% of GDP) 5.50 2.4 1.6 1.6 1.6 1.6
Government Debt to GDP (% of GDP) 31.26 32.5 29 29 29 29
Government Budget (% of GDP) -4.90 -4 -4 -4 -4 -3.6
Personal Income Tax Rate (%) 7.00 7 7 7 7 7
Corporate Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 15.06 4 1.6 3.2 2.6 3.8
GDP (USD Billion) 77.60 84.5 84.5 84.5 84.5 87
GDP Constant Prices (GTQ Million) 133778.70 72374 138313 138060 137257 146394
Gross Fixed Capital Formation (GTQ Million) 67823.30 43048 70536 68908 69994 73217
GDP per capita (USD) 3263.67 3290 3300 3300 3300 3300
GDP per capita PPP (USD) 8393.28 8450 8550 8550 8550 8550
GDP From Agriculture (GTQ Million) 12772.80 9100 14733 13182 13105 13770
GDP From Construction (GTQ Million) 5841.43 2075 5628 6028 5993 6377
GDP From Manufacturing (GTQ Million) 19352.30 12754 20229 19972 19855 20730
GDP From Mining (GTQ Million) 1110.21 236 1115 991 1007 1157
GDP From Public Administration (GTQ Million) 5184.62 3372 5411 5247 5330 5617
GDP From Transport (GTQ Million) 3184.55 7289 3600 3362 3414 3736
GDP From Utilities (GTQ Million) 3578.25 2306 4215 3970 4032 4375

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 2.00 5 4 4 4 4
Population (Million) 17.92 18.45 18.45 18.45 18.45 18.83
Labor Force Participation Rate (%) 59.10 60 60 60 60 60.3

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 2.96 3.4 3 3 3.1 3.2
Consumer Price Index CPI (points) 152.20 154 154 155 156 159
Inflation Expectations (%) 4.22 4.3 4.3 4.3 4.3 4.5
Inflation Rate Mom (%) 0.36 0.5 0.5 0.5 0.4 0.4
Food Inflation (%) 2.87 4.5 3 3 3 3.7
Core Inflation Rate (%) 3.20 3.5 3.3 3.1 3 3.1
CPI Housing Utilities (points) 119.97 119 121 122 123 123

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 1.75 1.75 1.75 2 2 2
Deposit Interest Rate (%) 4.63 4.63 4.63 4.88 4.88 4.88

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) -1071.90 -1050 -1050 -1050 -1050 -1070
Current Account (USD Million) 712.18 -300 -300 -300 -300 -300
Current Account to GDP (% of GDP) 5.50 2.4 1.6 1.6 1.6 1.6
Exports (USD Million) 1131.40 940 940 940 940 910
Imports (USD Million) 2154.00 1990 1990 1990 1990 1980
Foreign Direct Investment (USD Million) 305.60 335 335 335 335 325
Tourist Arrivals (persons) 0.00 187000 187000 187000 187000 350000

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 31.26 32.5 29 29 29 29
Government Budget (% of GDP) -4.90 -4 -4 -4 -4 -3.6
Government Budget Value (GTQ Million) 2984.00 -4680 -4680 -4680 -4680 -4680
Government Spending (GTQ Million) 55259.20 30199 57470 56143 57027 59653
Military Expenditure (USD Million) 337.00 250 280 280 280 280

Taxes Actual Q4 Q1 Q2 Q3 2022
Personal Income Tax Rate (%) 7.00 7 7 7 7 7
Corporate Tax Rate (%) 25.00 25 25 25 25 25
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 Q4 Q1 Q2 Q3 2022
Leading Economic Index (%) 7.60 3.3 3.3 3.3 3.3 3.4

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Spending (GTQ Million) 450778.20 255982 468809 457991 465203 486624
Gasoline Prices (USD/Liter) 1.00 0.95 0.9 0.86 0.82 0.77


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Guatemala Forecast - was last updated on Tuesday, November 30, 2021.