Deficit, Percent of own spending (Central government) in Guatemala
Guatemala: Deficit, Percent of own spending (Central government) was -0.3018 in 2020. ▼ Falling
Deficit, Percent of own spending in Guatemala, 2014–2020
Source: International Monetary Fund.
Analysis
Guatemala recorded -0.3018 for deficit, percent of own spending in 2020. That is the lowest value across all 7 years on record.
The figure is down 73.8% on the previous year and down 93.7% over ten years.
Guatemala ranks 37th of 66 countries on this measure, in the middle of the range.
Deficit, Percent of own spending (Central government) in Guatemala, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | -0.1558 | — |
| 2015 | -0.121 | -22.4% |
| 2016 | -0.0748 | -38.1% |
| 2017 | -0.1558 | +108.2% |
| 2018 | -0.1415 | -9.2% |
| 2019 | -0.1736 | +22.7% |
| 2020 | -0.3018 | +73.8% |
Guatemala compared with similar countries
- Guatemala's -0.3018 is above the median for upper middle income countries, which is -0.3126, 97% of the median. (26 countries reporting)
- Guatemala's -0.3018 is above the median for Latin America & Caribbean, which is -0.3666, 82% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.1371 | -0.1736 | -0.0748 | 6 |
| 2020s | -0.3018 | -0.3018 | -0.3018 | 1 |
Countries ranked near Guatemala
More public sector data for Guatemala
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 6.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.331 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -40 % change on previous year (2023)
Frequently asked questions
- What is deficit, percent of own spending in Guatemala?
- Deficit, percent of own spending in Guatemala was -0.3018 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Guatemala?
- The highest recorded value was -0.0748 in 2016.
- What is the lowest deficit, percent of own spending recorded in Guatemala?
- The lowest recorded value was -0.3018 in 2020.
- How does Guatemala rank for deficit, percent of own spending?
- Guatemala ranks 37th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Guatemala?
- Over the last ten years it is down 93.7%. The long-run trend across the full record is falling.
- Where does this Guatemala data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.