Guatemala recorded a government debt equivalent to 27.88 percent of the country's Gross Domestic Product in 2019. source: Consejo Monetario Centroamericano

Government Debt to GDP in Guatemala averaged 27.78 percent from 1990 until 2019, reaching an all time high of 50.45 percent in 1990 and a record low of 20.04 percent in 2008. This page provides the latest reported value for - Guatemala Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Guatemala Government Debt to GDP - values, historical data and charts - was last updated on May of 2021.

Government Debt to GDP in Guatemala is expected to reach 30.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Government Debt to GDP is projected to trend around 31.00 percent in 2021 and 32.00 percent in 2022, according to our econometric models.

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Guatemala Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
27.88 26.04 50.45 20.04 1990 - 2019 percent Yearly

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 348.10 -527.70 1704.90 -6931.70 GTQ Million [+]
Government Spending 55259.20 52932.50 55259.20 13587.00 GTQ Million [+]
Government Revenues 6350.90 5018.00 7882.30 451.00 GTQ Million [+]
Fiscal Expenditure 6002.80 5545.70 12499.80 228.60 GTQ Million [+]
Military Expenditure 338.00 273.00 663.00 110.50 USD Million [+]
Credit Rating 43.00 [+]

Guatemala Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.