Goods and services expense (current LCU) in Guatemala
Guatemala: Goods and services expense (current LCU) was 14.03 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Guatemala, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, goods and services expense in Guatemala stood at 14.03 billion current LCU.
Compared with earlier readings it is down 9.3% on the previous year and up 49.9% over ten years.
Over the whole period, goods and services expense in Guatemala peaked at 16.66 billion current LCU in 2022 and was at its lowest, 725.28 million current LCU, in 1991.
Guatemala ranks 95th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense (current LCU) in Guatemala, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 808.32 million current LCU | — |
| 1991 | 725.28 million current LCU | -10.3% |
| 1992 | 912.30 million current LCU | +25.8% |
| 1993 | 885.75 million current LCU | -2.9% |
| 1994 | 813.84 million current LCU | -8.1% |
| 1995 | 942.55 million current LCU | +15.8% |
| 2000 | 2.41 billion current LCU | +155.6% |
| 2001 | 3.10 billion current LCU | +28.7% |
| 2002 | 3.01 billion current LCU | -2.8% |
| 2003 | 3.41 billion current LCU | +13.0% |
| 2004 | 2.88 billion current LCU | -15.3% |
| 2005 | 3.17 billion current LCU | +10.0% |
| 2006 | 2.88 billion current LCU | -9.3% |
| 2007 | 3.45 billion current LCU | +19.8% |
| 2008 | 5.26 billion current LCU | +52.5% |
| 2009 | 5.71 billion current LCU | +8.6% |
| 2010 | 6.24 billion current LCU | +9.3% |
| 2011 | 7.16 billion current LCU | +14.7% |
| 2012 | 8.72 billion current LCU | +21.7% |
| 2013 | 8.60 billion current LCU | -1.4% |
| 2014 | 9.36 billion current LCU | +8.8% |
| 2015 | 7.98 billion current LCU | -14.7% |
| 2016 | 7.32 billion current LCU | -8.3% |
| 2017 | 7.09 billion current LCU | -3.0% |
| 2018 | 8.28 billion current LCU | +16.8% |
| 2019 | 8.39 billion current LCU | +1.3% |
| 2020 | 9.12 billion current LCU | +8.7% |
| 2021 | 13.25 billion current LCU | +45.3% |
| 2022 | 16.66 billion current LCU | +25.7% |
| 2023 | 15.46 billion current LCU | -7.2% |
| 2024 | 14.03 billion current LCU | -9.3% |
Guatemala compared with similar countries
- Guatemala's 14.03 billion current LCU is below the median for upper middle income countries, which is 38.49 billion current LCU, 36% of the median. (46 countries reporting)
- Guatemala's 14.03 billion current LCU is below the median for Latin America & Caribbean, which is 14.98 billion current LCU, 94% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense (current LCU) in Guatemala changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +155.6% | 942.55 million current LCU | 2.41 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 848.01 million current LCU | 725.28 million current LCU | 942.55 million current LCU | 6 |
| 2000s | 3.53 billion current LCU | 2.41 billion current LCU | 5.71 billion current LCU | 10 |
| 2010s | 7.91 billion current LCU | 6.24 billion current LCU | 9.36 billion current LCU | 10 |
| 2020s | 13.70 billion current LCU | 9.12 billion current LCU | 16.66 billion current LCU | 5 |
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 goods and services expense in Guatemala?
- Goods and services expense in Guatemala was 14.03 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Guatemala?
- The highest recorded value was 16.66 billion current LCU in 2022.
- What is the lowest goods and services expense recorded in Guatemala?
- The lowest recorded value was 725.28 million current LCU in 1991.
- How does Guatemala rank for goods and services expense?
- Guatemala ranks 95th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Guatemala?
- Over the last ten years it is up 49.9%. The long-run trend across the full record is volatile.
- Where does this Guatemala data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.