Military expenditure (current USD) in Guatemala
Guatemala: Military expenditure 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 168 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 in Guatemala, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Guatemala stood at 415.19 million current USD.
The figure is down 5.1% on the previous year and up 69.0% over ten years.
Over the whole period, military expenditure 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 168 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 in Guatemala, year by year
| 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
| Decade | Average | Lowest | Highest | 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
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)
- 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)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, 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 military expenditure in Guatemala?
- Military expenditure in Guatemala was 415.19 million current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Guatemala?
- The highest recorded value was 441.38 million current USD in 2022.
- What is the lowest military expenditure recorded in Guatemala?
- The lowest recorded value was 11.95 million current USD in 1962.
- How does Guatemala rank for military expenditure?
- Guatemala ranks 113th out of 168 countries with data for 2024.
- Is military expenditure 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 SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)