Guatemala 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$104.45 billion
↑ 9.22% vs 2022GDP per Capita
$5,762.82
↑ 7.55% vs 2022GDP Growth (Annual %)
3.53%
↓ 0.67pp vs 2022Inflation Rate (CPI %)
6.21%
↓ 0.68pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $95.63 billion | $104.45 billion | +9.22% |
| GDP per Capita | $5,358.09 | $5,762.82 | +7.55% |
| GDP Growth (Annual %) | 4.20% | 3.53% | -0.67pp |
| Inflation (CPI %) | 6.89% | 6.21% | -0.68pp |
| Unemployment Rate (%) | 3.05% | 2.34% | -0.71pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $104.45 billion
- GDP per Capita
- $5,762.82
- GDP Growth (Annual %)
- 3.53%
- Gross National Income
- $102.56 billion
Prices & Employment
- Inflation (CPI %)
- 6.21%
- Inflation (GDP Deflator %)
- 6.64%
- Unemployment Rate (%)
- 2.34%
- Interest Rate (Real %)
- 4.99%
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)
- 3.12%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Guatemala's Gross Domestic Product (GDP) is $104.45 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Guatemala for 2023 is $5,762.82. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Guatemala for 2023 is 6.21%. This measures the annual percentage change in the cost of consumer goods and services.
Guatemala's annual GDP growth rate for 2023 is 3.53%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Guatemala for 2023 is 2.34%. This represents the percentage of the labor force that is unemployed and actively seeking employment.