Military expenditure (current USD), gaps filled in Guatemala

Guatemala: Military expenditure (current USD), gaps filled was 415.19 million current USD in 2024. ◆ Volatile

Latest (2024)
415.19 million current USD
Change on year
down 5.1%
World rank
113th
of 167 countries
All-time high
441.38 million current USD
in 2022
All-time low
11.95 million current USD
in 1962
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in Guatemala, 1960–2024

0100.0M200.0M300.0M400.0M196019922024

Source: Statizoid (derived). Measured in current USD.

Analysis

In 2024, military expenditure (current usd), gaps filled in Guatemala stood at 415.19 million current USD.

Compared with earlier readings it is down 5.1% on the previous year and up 69.0% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Guatemala peaked at 441.38 million current USD in 2022 and was at its lowest, 11.95 million current USD, in 1962.

Guatemala ranks 113th of 167 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.

Military expenditure (current USD), gaps filled in Guatemala, year by year

Annual values for Military expenditure (current USD), gaps filled in Guatemala, 1960 to 2024.
Year current USD Change
1960 12.08 million current USD —
1961 12.08 million current USD +0.0%
1962 11.95 million current USD -1.1%
1963 14.81 million current USD +23.9%
1964 12.99 million current USD -12.3%
1965 18.58 million current USD +43.0%
1966 19.10 million current USD +2.8%
1967 21.18 million current USD +10.9%
1968 20.40 million current USD -3.7%
1969 17.60 million current USD -13.7%
1970 32.30 million current USD +83.5%
1971 22.20 million current USD -31.3%
1972 24.00 million current USD +8.1%
1973 23.40 million current USD -2.5%
1974 28.40 million current USD +21.4%
1975 44.90 million current USD +58.1%
1976 55.50 million current USD +23.6%
1977 75.20 million current USD +35.5%
1978 71.70 million current USD -4.7%
1979 90.20 million current USD +25.8%
1980 103.76 million current USD +15.0%
1981 162.64 million current USD +56.7%
1982 176.59 million current USD +8.6%
1983 184.25 million current USD +4.3%
1984 207.48 million current USD +12.6%
1985 224.42 million current USD +8.2%
1986 140.85 million current USD -37.2%
1987 124.03 million current USD -11.9%
1988 146.59 million current USD +18.2%
1989 151.63 million current USD +3.4%
1990 132.20 million current USD -12.8%
1991 119.31 million current USD -9.7%
1992 153.75 million current USD +28.9%
1993 144.44 million current USD -6.1%
1994 153.01 million current USD +5.9%
1995 158.35 million current USD +3.5%
1996 141.37 million current USD -10.7%
1997 132.11 million current USD -6.5%
1998 139.80 million current USD +5.8%
1999 123.75 million current USD -11.5%
2000 157.85 million current USD +27.5%
2001 196.77 million current USD +24.7%
2002 158.37 million current USD -19.5%
2003 178.77 million current USD +12.9%
2004 114.89 million current USD -35.7%
2005 104.47 million current USD -9.1%
2006 130.55 million current USD +25.0%
2007 135.93 million current USD +4.1%
2008 166.49 million current USD +22.5%
2009 147.41 million current USD -11.5%
2010 169.80 million current USD +15.2%
2011 197.43 million current USD +16.3%
2012 224.37 million current USD +13.6%
2013 249.76 million current USD +11.3%
2014 245.67 million current USD -1.6%
2015 252.46 million current USD +2.8%
2016 290.91 million current USD +15.2%
2017 275.01 million current USD -5.5%
2018 273.12 million current USD -0.7%
2019 331.88 million current USD +21.5%
2020 342.77 million current USD +3.3%
2021 337.66 million current USD -1.5%
2022 441.38 million current USD +30.7%
2023 437.64 million current USD -0.8%
2024 415.19 million current USD -5.1%

Guatemala compared with similar countries

  • Guatemala's 415.19 million current USD is below the median for upper middle income countries, which is 1.38 billion current USD, 30% of the median. (48 countries reporting)
  • Guatemala's 415.19 million current USD is below the median for Latin America & Caribbean, which is 420.19 million current USD, 99% of the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 16.08 million current USD 11.95 million current USD 21.18 million current USD 10
1970s 46.78 million current USD 22.20 million current USD 90.20 million current USD 10
1980s 162.22 million current USD 103.76 million current USD 224.42 million current USD 10
1990s 139.81 million current USD 119.31 million current USD 158.35 million current USD 10
2000s 149.15 million current USD 104.47 million current USD 196.77 million current USD 10
2010s 251.04 million current USD 169.80 million current USD 331.88 million current USD 10
2020s 394.93 million current USD 337.66 million current USD 441.38 million current USD 5

Countries ranked near Guatemala

  1. 110 Niger 435.88 million current USD compare
  2. 111 Nepal 426.52 million current USD compare
  3. 112 El Salvador 425.20 million current USD compare
  4. 114 Paraguay 413.97 million current USD compare
  5. 115 Sudan 375.21 million current USD compare
  6. 116 Namibia 362.39 million current USD compare

See the full ranking of 211 places →

More public sector data for Guatemala

All data for Guatemala →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Guatemala?
Military expenditure (current usd), gaps filled in Guatemala was 415.19 million current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Guatemala?
The highest recorded value was 441.38 million current USD in 2022.
What is the lowest military expenditure (current usd), gaps filled recorded in Guatemala?
The lowest recorded value was 11.95 million current USD in 1962.
How does Guatemala rank for military expenditure (current usd), gaps filled?
Guatemala ranks 113th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Guatemala?
Over the last ten years it is up 69.0%. The long-run trend across the full record is volatile.
Where does this Guatemala data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), gaps filled. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), gaps filled in Guatemala. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/guatemala/

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How this figure is calculated

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.