Interest payments in Guatemala
Guatemala: Interest payments was 12.0% in 2023. ▬ Flat
Interest payments in Guatemala, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in Guatemala is 12.0%, measured in 2023.
That represents a change of up 2.3% on the previous year and up 0.7% over ten years.
Over the whole period, interest payments in Guatemala peaked at 19.5% in 1991 and was at its lowest, 8.2%, in 1997.
Guatemala ranks 42nd of 152 countries on this measure, in the middle of the range.
Interest payments in Guatemala, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 12.4% | — |
| 1991 | 19.5% | +57.1% |
| 1992 | 10.2% | -47.7% |
| 1993 | 10.4% | +2.4% |
| 1994 | 11.2% | +7.3% |
| 1995 | 12.4% | +10.7% |
| 1996 | 12.8% | +3.0% |
| 1997 | 8.2% | -36.1% |
| 1998 | 10.8% | +32.6% |
| 1999 | 10.7% | -0.8% |
| 2000 | 10.2% | -4.9% |
| 2001 | 10.9% | +6.7% |
| 2002 | 10.6% | -3.1% |
| 2003 | 8.8% | -16.3% |
| 2004 | 10.6% | +19.4% |
| 2005 | 10.8% | +1.9% |
| 2006 | 10.5% | -2.8% |
| 2007 | 11.7% | +12.3% |
| 2008 | 11.5% | -2.4% |
| 2009 | 11.2% | -2.0% |
| 2010 | 11.5% | +2.1% |
| 2011 | 11.5% | +0.3% |
| 2012 | 11.5% | +0.2% |
| 2013 | 11.9% | +3.1% |
| 2014 | 10.8% | -8.9% |
| 2015 | 12.3% | +13.7% |
| 2016 | 11.8% | -4.4% |
| 2017 | 11.6% | -1.7% |
| 2018 | 11.6% | +0.7% |
| 2019 | 12.2% | +5.1% |
| 2020 | 11.3% | -7.6% |
| 2021 | 12.8% | +13.5% |
| 2022 | 11.7% | -8.9% |
| 2023 | 12.0% | +2.3% |
Guatemala compared with similar countries
- Guatemala's 12.0% is above the median for upper middle income countries, which is 8.8%, 1.4× the median. (47 countries reporting)
- Guatemala's 12.0% is above the median for Latin America & Caribbean, which is 10.3%, 1.2× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Interest payments 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 |
|---|---|---|---|
| 1991 | +57.1% | 12.4% | 19.5% |
| 1992 | -47.7% | 19.5% | 10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.9% | 8.2% | 19.5% | 10 |
| 2000s | 10.7% | 8.8% | 11.7% | 10 |
| 2010s | 11.7% | 10.8% | 12.3% | 10 |
| 2020s | 11.9% | 11.3% | 12.8% | 4 |
Countries ranked near Guatemala
- 39 Armenia 12.7% compare
- 40 Tanzania 12.6% compare
- 41 Papua New Guinea 12.3% compare
- 43 Burkina Faso 11.9% compare
- 44 Congo 11.5% compare
- 45 Mozambique 11.3% compare
More public sector data for Guatemala
- Democracy, 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)
- Elected parliament, 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)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Guatemala?
- Interest payments in Guatemala was 12.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Guatemala?
- The highest recorded value was 19.5% in 1991.
- What is the lowest interest payments recorded in Guatemala?
- The lowest recorded value was 8.2% in 1997.
- How does Guatemala rank for interest payments?
- Guatemala ranks 42nd out of 152 countries with data for 2023.
- Is interest payments rising or falling in Guatemala?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is flat.
- 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.