Guatemala GDP Growth Rate (2026)
Guatemala has Central America’s largest economy, supported by services, agriculture, manufacturing, trade, and remittances. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+3.9%
Annual real GDP growth
World Rank
#58
Out of 195 countries
Change vs 2025
-0.2 pp
2025: +4.1%
North America Rank
#1
Out of 23 countries
1. Guatemala GDP Growth Rate in 2026
Guatemalan economic growth is supported by household consumption, remittances, exports, agriculture, and investment. U.S. economic conditions and commodity markets also influence activity.
2. Guatemala GDP Growth Rate Trends (1980–2026)
Guatemala’s growth history has been shaped by population growth, remittance-supported consumption, agriculture, and expanding services. External trade has gradually become more important.
3. Guatemala GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +3.9% | -0.2 pp |
| 2025 | +4.1% | +0.4 pp |
| 2024 | +3.7% | +0.2 pp |
| 2023 | +3.5% | -0.7 pp |
| 2022 | +4.2% | -3.8 pp |
| 2021 | +8.0% | +9.8 pp |
| 2020 | -1.8% | -5.8 pp |
| 2019 | +4.0% | +0.6 pp |
| 2018 | +3.4% | +0.3 pp |
| 2017 | +3.1% | +0.4 pp |
| 2016 | +2.7% | -1.4 pp |
| 2015 | +4.1% | -0.3 pp |
| 2014 | +4.4% | +0.7 pp |
| 2013 | +3.7% | +0.7 pp |
| 2012 | +3.0% | -1.2 pp |
| 2011 | +4.2% | +1.3 pp |
| 2010 | +2.9% | +2.4 pp |
| 2009 | +0.5% | -2.8 pp |
| 2008 | +3.3% | -3.0 pp |
| 2007 | +6.3% | +0.9 pp |
| 2006 | +5.4% | +2.1 pp |
| 2005 | +3.3% | +0.2 pp |
| 2004 | +3.1% | +0.5 pp |
| 2003 | +2.6% | -1.2 pp |
| 2002 | +3.8% | +0.7 pp |
| 2001 | +3.1% | +0.6 pp |
| 2000 | +2.5% | -1.2 pp |
| 1999 | +3.7% | -0.9 pp |
| 1998 | +4.6% | +0.5 pp |
| 1997 | +4.1% | +1.3 pp |
| 1996 | +2.8% | -1.6 pp |
| 1995 | +4.4% | +0.9 pp |
| 1994 | +3.5% | +0.1 pp |
| 1993 | +3.4% | -1.2 pp |
| 1992 | +4.6% | +1.6 pp |
| 1991 | +3.0% | -0.1 pp |
| 1990 | +3.1% | -0.8 pp |
| 1989 | +3.9% | 0.0 pp |
| 1988 | +3.9% | +0.3 pp |
| 1987 | +3.6% | +3.5 pp |
| 1986 | +0.1% | +0.7 pp |
| 1985 | -0.6% | -1.1 pp |
| 1984 | +0.5% | +3.0 pp |
| 1983 | -2.5% | +1.0 pp |
| 1982 | -3.5% | -4.1 pp |
| 1981 | +0.6% | -3.1 pp |
| 1980 | +3.7% | — |
4. Guatemala GDP Growth Performance
Current Growth Rate
+3.9%
(2026 to 2026)
5-Year Average
+3.9%
(2022 to 2026)
10-Year Average
+3.6%
(2017 to 2026)
20-Year Average
+3.6%
(2007 to 2026)
The economy benefits from resilient domestic demand and strong remittance inflows. Limited infrastructure and social inequality can constrain productivity and investment.
5. Guatemala GDP Growth Rate vs North America and World
Guatemala
+3.9%
North America Average
+2.2%
World Average
+2.8%
0.0%
2.0%
3.9%
Annual real GDP growth (%)
Guatemala’s GDP growth rate is approximately
1.8 pp
above the
North America average
and
1.1 pp
above the world average.
6. Guatemala GDP Growth Rate Ranking in North America
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #1 | Guatemala | +3.9% |
| #2 | Nicaragua | +3.8% |
| #3 | Panama | +3.8% |
| #4 | Dominican Republic | +3.7% |
| #5 | Costa Rica | +3.6% |
| #6 | El Salvador | +3.3% |
| #7 | Honduras | +3.3% |
| #8 | Dominica | +3.1% |
| #9 | Grenada | +3.1% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Guatemala
Guatemala GDP (Nominal)
$128.9 Billion
(2026)
Guatemala GDP Growth Rate
+3.9%
(2026)
Guatemala often records steady growth within Central America due to strong household consumption. Its dependence on remittances creates close links to economic conditions in the United States.
Explore more:
Guatemala GDP
9. Guatemala GDP Growth Rate Forecast
The outlook depends on remittances, investment, infrastructure, consumption, and exports. Political uncertainty and weak public investment remain key risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +4.0% | +0.1 pp |
| 2028 | +3.9% | -0.1 pp |
| 2029 | +3.8% | -0.1 pp |
| 2030 | +3.9% | +0.1 pp |
10. Guatemala GDP Growth Rate: Key Findings
Guatemala GDP growth rate is estimated at +3.9% in 2026.
It ranks #58 globally and #1 in North America by annual GDP growth rate.
The growth rate slowed by 0.2 percentage points compared with 2025.
The 5-year average GDP growth rate is +3.9%.
The 10-year average GDP growth rate is +3.6%.
The current rate is 1.8 percentage points above the North America average.
The current rate is 1.1 percentage points above the world average.
The forecast GDP growth rate is +3.9% in 2030, 0.0 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Guatemala GDP Growth Rate FAQs
Guatemala GDP growth rate is estimated at +3.9% in 2026.
Guatemala ranks #58 globally and #1 in North America by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +3.9% in 2026.
Guatemala GDP growth rate was +4.1% in 2015.
Guatemala GDP growth rate is 1.8 percentage points above the North America average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.