Social contributions in Guatemala
Guatemala: Social contributions was 5.9% in 2024. ◆ Volatile
Social contributions in Guatemala, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for social contributions in Guatemala is 5.9%, measured in 2024.
That represents a change of up 2.9% on the previous year and down 4.3% over ten years.
Over the whole period, social contributions in Guatemala peaked at 7.3% in 2020 and was at its lowest, 1.8%, in 1998.
That places Guatemala 72nd out of 112 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions in Guatemala, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 3.1% | — |
| 1991 | 2.3% | -25.6% |
| 1992 | 2.1% | -8.1% |
| 1993 | 2.5% | +15.7% |
| 1994 | 2.8% | +13.5% |
| 1995 | 2.3% | -18.2% |
| 1996 | 2.2% | -4.2% |
| 1997 | 2.1% | -4.2% |
| 1998 | 1.8% | -15.3% |
| 1999 | 2.1% | +19.5% |
| 2000 | 2.3% | +7.3% |
| 2001 | 2.3% | -0.7% |
| 2002 | 2.3% | -0.7% |
| 2003 | 2.3% | +2.8% |
| 2004 | 2.3% | -0.8% |
| 2005 | 2.2% | -3.8% |
| 2006 | 2.0% | -9.4% |
| 2007 | 2.0% | -2.3% |
| 2008 | 2.1% | +7.2% |
| 2009 | 2.7% | +28.9% |
| 2010 | 2.9% | +5.6% |
| 2011 | 2.8% | -1.2% |
| 2012 | 2.8% | -1.6% |
| 2013 | 2.9% | +4.5% |
| 2014 | 6.2% | +112.1% |
| 2015 | 6.3% | +1.7% |
| 2016 | 6.7% | +6.9% |
| 2017 | 7.0% | +4.7% |
| 2018 | 6.8% | -3.3% |
| 2019 | 6.9% | +1.0% |
| 2020 | 7.3% | +6.2% |
| 2021 | 5.9% | -19.2% |
| 2022 | 5.4% | -8.2% |
| 2023 | 5.7% | +6.1% |
| 2024 | 5.9% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.3% | 1.8% | 3.1% | 10 |
| 2000s | 2.2% | 2.0% | 2.7% | 10 |
| 2010s | 5.1% | 2.8% | 7.0% | 10 |
| 2020s | 6.1% | 5.4% | 7.3% | 5 |
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 social contributions in Guatemala?
- Social contributions in Guatemala was 5.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Guatemala?
- The highest recorded value was 7.3% in 2020.
- What is the lowest social contributions recorded in Guatemala?
- The lowest recorded value was 1.8% in 1998.
- How does Guatemala rank for social contributions?
- Guatemala ranks 72nd out of 112 countries with data for 2024.
- Is social contributions rising or falling in Guatemala?
- Over the last ten years it is down 4.3%. 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 Social contributions (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.