gt Guatemala 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$77.72 billion

↑ 0.71% vs 2019
GDP per Capita

$4,477.62

↓ 0.76% vs 2019
GDP Growth (Annual %)

-1.79%

↓ 5.80pp vs 2019
Inflation Rate (CPI %)

3.21%

↓ 0.49pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $77.17 billion $77.72 billion +0.71%
GDP per Capita $4,512.00 $4,477.62 -0.76%
GDP Growth (Annual %) 4.02% -1.79% -5.80pp
Inflation (CPI %) 3.70% 3.21% -0.49pp
Unemployment Rate (%) 2.19% 2.96% +0.76pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$77.72 billion
GDP per Capita
$4,477.62
GDP Growth (Annual %)
-1.79%
Gross National Income
$76.32 billion
Prices & Employment
Inflation (CPI %)
3.21%
Inflation (GDP Deflator %)
2.87%
Unemployment Rate (%)
2.96%
Interest Rate (Real %)
9.38%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
5.04%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Guatemala's Gross Domestic Product (GDP) is $77.72 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Guatemala for 2020 is $4,477.62. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Guatemala for 2020 is 3.21%. This measures the annual percentage change in the cost of consumer goods and services.

Guatemala's annual GDP growth rate for 2020 is -1.79%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Guatemala for 2020 is 2.96%. This represents the percentage of the labor force that is unemployed and actively seeking employment.