Taxes on income, profits and capital gains in Guatemala
Guatemala: Taxes on income, profits and capital gains was 37.3% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Guatemala, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
In 2024, taxes on income, profits and capital gains in Guatemala stood at 37.3%.
That represents a change of down 0.1% on the previous year and up 2.0% over ten years.
Over the whole period, taxes on income, profits and capital gains in Guatemala peaked at 37.3% in 2023 and was at its lowest, 16.8%, in 1994.
That places Guatemala 79th out of 153 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Taxes on income, profits and capital gains in Guatemala, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1990 | 21.5% | — |
| 1991 | 30.0% | +39.6% |
| 1992 | 22.3% | -25.9% |
| 1993 | 23.5% | +5.7% |
| 1994 | 16.8% | -28.8% |
| 1995 | 20.8% | +24.0% |
| 1996 | 24.6% | +18.4% |
| 1997 | 24.5% | -0.4% |
| 1998 | 20.6% | -16.0% |
| 1999 | 20.9% | +1.5% |
| 2000 | 24.5% | +17.1% |
| 2001 | 25.9% | +5.9% |
| 2002 | 28.0% | +8.1% |
| 2003 | 27.6% | -1.7% |
| 2004 | 26.1% | -5.4% |
| 2005 | 27.7% | +6.0% |
| 2006 | 28.1% | +1.4% |
| 2007 | 27.4% | -2.3% |
| 2008 | 29.1% | +6.1% |
| 2009 | 30.5% | +4.9% |
| 2010 | 29.7% | -2.6% |
| 2011 | 31.6% | +6.4% |
| 2012 | 31.4% | -0.5% |
| 2013 | 34.7% | +10.4% |
| 2014 | 36.6% | +5.4% |
| 2015 | 35.3% | -3.6% |
| 2016 | 36.9% | +4.7% |
| 2017 | 36.6% | -1.0% |
| 2018 | 35.7% | -2.5% |
| 2019 | 35.0% | -1.8% |
| 2020 | 36.2% | +3.3% |
| 2021 | 36.7% | +1.6% |
| 2022 | 35.9% | -2.2% |
| 2023 | 37.3% | +3.9% |
| 2024 | 37.3% | -0.1% |
Guatemala compared with similar countries
- Guatemala's 37.3% is above the median for upper middle income countries, which is 37.1%, 1.0× the median. (48 countries reporting)
- Guatemala's 37.3% is above the median for Latin America & Caribbean, which is 36.0%, 1.0× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains 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 | +39.6% | 21.5% | 30.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.5% | 16.8% | 30.0% | 10 |
| 2000s | 27.5% | 24.5% | 30.5% | 10 |
| 2010s | 34.3% | 29.7% | 36.9% | 10 |
| 2020s | 36.7% | 35.9% | 37.3% | 5 |
Countries ranked near Guatemala
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 taxes on income, profits and capital gains in Guatemala?
- Taxes on income, profits and capital gains in Guatemala was 37.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Guatemala?
- The highest recorded value was 37.3% in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in Guatemala?
- The lowest recorded value was 16.8% in 1994.
- How does Guatemala rank for taxes on income, profits and capital gains?
- Guatemala ranks 79th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Guatemala?
- Over the last ten years it is up 2.0%. 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 Taxes on income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.