Tax revenue (% of GDP) in Guatemala
Guatemala: Tax revenue (% of GDP) was 11.6% in 2024. ▲ Rising
Tax revenue in Guatemala, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, tax revenue in Guatemala stood at 11.6%.
That represents a change of up 0.5% on the previous year and up 7.9% over ten years.
Over the whole period, tax revenue in Guatemala peaked at 12.3% in 2007 and was at its lowest, 6.8%, in 1994.
That places Guatemala 120th out of 157 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Tax revenue (% of GDP) in Guatemala, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 6.9% | — |
| 1991 | 7.3% | +6.7% |
| 1992 | 8.3% | +13.5% |
| 1993 | 7.8% | -5.9% |
| 1994 | 6.8% | -13.5% |
| 1995 | 7.7% | +14.0% |
| 1996 | 8.5% | +10.6% |
| 1997 | 8.7% | +2.0% |
| 1998 | 9.4% | +7.8% |
| 1999 | 10.2% | +9.3% |
| 2000 | 10.1% | -1.8% |
| 2001 | 11.0% | +9.7% |
| 2002 | 12.1% | +9.4% |
| 2003 | 11.9% | -1.8% |
| 2004 | 11.7% | -1.0% |
| 2005 | 11.4% | -3.1% |
| 2006 | 12.1% | +5.9% |
| 2007 | 12.3% | +1.7% |
| 2008 | 11.5% | -6.5% |
| 2009 | 10.5% | -8.3% |
| 2010 | 10.6% | +1.0% |
| 2011 | 11.0% | +3.9% |
| 2012 | 11.0% | -0.1% |
| 2013 | 11.1% | +0.8% |
| 2014 | 10.8% | -2.9% |
| 2015 | 10.4% | -3.9% |
| 2016 | 10.4% | +0.6% |
| 2017 | 10.6% | +2.1% |
| 2018 | 10.6% | -0.7% |
| 2019 | 10.4% | -1.2% |
| 2020 | 10.0% | -4.6% |
| 2021 | 11.6% | +16.1% |
| 2022 | 11.8% | +2.3% |
| 2023 | 11.6% | -2.1% |
| 2024 | 11.6% | +0.5% |
Guatemala compared with similar countries
- Guatemala's 11.6% is below the median for upper middle income countries, which is 17.0%, 68% of the median. (48 countries reporting)
- Guatemala's 11.6% is below the median for Latin America & Caribbean, which is 15.9%, 73% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.2% | 6.8% | 10.2% | 10 |
| 2000s | 11.4% | 10.1% | 12.3% | 10 |
| 2010s | 10.7% | 10.4% | 11.1% | 10 |
| 2020s | 11.3% | 10.0% | 11.8% | 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)
- Elected parliament, 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)
- 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)
Frequently asked questions
- What is tax revenue in Guatemala?
- Tax revenue in Guatemala was 11.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Guatemala?
- The highest recorded value was 12.3% in 2007.
- What is the lowest tax revenue recorded in Guatemala?
- The lowest recorded value was 6.8% in 1994.
- How does Guatemala rank for tax revenue?
- Guatemala ranks 120th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Guatemala?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is rising.
- 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 Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.