The Guatemala's gross domestic product (GDP) edged down 4.3% year-on-year in the second quarter of 2026, easing slightly from a 4.5% growth rate in the first quarter of 2026. GDP Annual Growth Rate in Guatemala averaged 3.60 percent from 2002 until 2026, reaching an all time high of 15.50 percent in the second quarter of 2021 and a record low of -9.30 percent in the second quarter of 2020. source: Banco de Guatemala

GDP Annual Growth Rate in Guatemala is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala GDP Annual Growth Rate is projected to trend around 3.20 percent in 2027 and 3.50 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
GDP Annual Growth Rate 4.30 4.50 percent Jun 2026
GDP Constant Prices 164452.51 164377.50 GTQ Million Jun 2026
GDP from Agriculture 13929.30 15360.84 GTQ Million Jun 2026
GDP from Construction 7728.61 7734.05 GTQ Million Jun 2026
GDP from Manufacturing 23322.23 22804.33 GTQ Million Jun 2026
GDP from Mining 966.41 867.84 GTQ Million Jun 2026
GDP from Public Administration 6113.06 6019.67 GTQ Million Jun 2026
GDP from Transport 3768.84 4190.41 GTQ Million Jun 2026
GDP from Utilities 4607.59 4599.44 GTQ Million Jun 2026
Gross Fixed Capital Formation 30601.42 29535.26 GTQ Million Jun 2026


Guatemala GDP Annual Growth Rate
Guatemala has one of the lowest GDP per capita of the Americas. The main sector of the economy is services which accounts for 60 percent of GDP. The growing tourism industry is one of the major sources of income. More importantly, in recent years Guatemala was able to attract foreign direct investment to its production industries. As a result, the manufacturing sector now employs 23 percent of the population and accounts for 30 percent of GDP. Nevertheless, high crime rate and corruption, lack of high-skilled manpower and low quality infrastructures are the country's most challenging obstacles for growth.
Actual Previous Highest Lowest Dates Unit Frequency
4.30 4.50 15.50 -9.30 2002 - 2026 percent Quarterly