Guatemala recorded a Government Budget deficit equal to 1.01 percent of the country's Gross Domestic Product in 2024. Government Budget in Guatemala averaged -1.71 percent of GDP from 1990 until 2024, reaching an all time high of 0.24 percent of GDP in 1992 and a record low of -4.91 percent of GDP in 2020. source: Ministerio de Finanzas Públicas, Guatemala



Related Last Previous Unit Reference
Credit Rating 48.00 Jan 2026
Fiscal Expenditure 12769.40 11555.90 GTQ Million Nov 2025
Government Budget -1.01 -1.25 percent of GDP Dec 2024
Government Budget Value -4335.30 2479.30 GTQ Million Nov 2025
Government Debt to GDP 27.90 27.20 percent of GDP Dec 2024
Government Revenues 8434.10 14035.20 GTQ Million Nov 2025
Government Spending 63721.30 63130.78 GTQ Million Dec 2024
Holidays
Military Expenditure 415.20 437.60 USD Million Dec 2024


Guatemala Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-1.01 -1.25 0.24 -4.91 1990 - 2024 percent of GDP Yearly