Goods and services expense in Guatemala
Guatemala: Goods and services expense was 14.0% in 2023. ▼ Falling
Goods and services expense in Guatemala, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Guatemala recorded 14.0% for goods and services expense in 2023.
Compared with earlier readings it is down 12.8% on the previous year and down 11.5% over ten years.
Over the whole period, goods and services expense in Guatemala peaked at 25.8% in 1990 and was at its lowest, 9.6%, in 2006.
That places Guatemala 81st out of 154 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Goods and services expense in Guatemala, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 25.8% | — |
| 1991 | 18.8% | -27.2% |
| 1992 | 17.6% | -6.5% |
| 1993 | 16.0% | -9.0% |
| 1994 | 13.7% | -14.1% |
| 1995 | 14.6% | +6.7% |
| 2000 | 14.7% | +0.5% |
| 2001 | 16.0% | +8.8% |
| 2002 | 14.5% | -9.2% |
| 2003 | 13.6% | -6.1% |
| 2004 | 12.0% | -12.4% |
| 2005 | 11.9% | -0.5% |
| 2006 | 9.6% | -19.1% |
| 2007 | 10.6% | +9.9% |
| 2008 | 15.2% | +43.8% |
| 2009 | 14.9% | -1.8% |
| 2010 | 14.8% | -0.8% |
| 2011 | 15.4% | +3.9% |
| 2012 | 17.0% | +10.6% |
| 2013 | 15.8% | -7.0% |
| 2014 | 15.7% | -0.6% |
| 2015 | 13.2% | -16.4% |
| 2016 | 11.4% | -13.5% |
| 2017 | 10.5% | -8.3% |
| 2018 | 11.6% | +10.7% |
| 2019 | 10.8% | -7.0% |
| 2020 | 10.1% | -5.8% |
| 2021 | 14.9% | +47.3% |
| 2022 | 16.1% | +7.6% |
| 2023 | 14.0% | -12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.7% | 13.7% | 25.8% | 6 |
| 2000s | 13.3% | 9.6% | 16.0% | 10 |
| 2010s | 13.6% | 10.5% | 17.0% | 10 |
| 2020s | 13.8% | 10.1% | 16.1% | 4 |
Countries ranked near Guatemala
More public sector data for Guatemala
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 6.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 22.56 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0037 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -5.13 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 415.19 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 55.99 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Guatemala?
- Goods and services expense in Guatemala was 14.0% in 2023, 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 25.8% in 1990.
- What is the lowest goods and services expense recorded in Guatemala?
- The lowest recorded value was 9.6% in 2006.
- How does Guatemala rank for goods and services expense?
- Guatemala ranks 81st out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Guatemala?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
- 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 (% of expense). 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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.