Key data points
Last release
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Observation period
Q1 2025
Next release
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Forecast
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Highest
15.40 % on Jun 30, 2021
Lowest
−9.02 % on Jun 30, 2020
About Guatemala GDP YoY
Guatemala has one of the lowest GDP per capita of the Americas. The main sector of the economy is services which accounts for 60 percent of GDP. The growing tourism industry is one of the major sources of income. More importantly, in recent years Guatemala was able to attract foreign direct investment to its production industries. As a result, the manufacturing sector now employs 23 percent of the population and accounts for 30 percent of GDP. Nevertheless, high crime rate and corruption, lack of high-skilled manpower and low quality infrastructures are the country's most challenging obstacles for growth.