Guatemala: General government deficit (% of GDP)

Name: Guatemala: General government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1995–2024 · 30 observations · forecasts to 2031 · gen_govdef_GDP

2024: −0.96%percent of GDP
Change on 2023: +0.3 pointsfrom −1.25%
Average, 2015–2024: −1.81%10 years
Record high and low: 0.0371% (1996)low −4.91% (2020)

General government deficit (% of GDP)

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ForecastPercent of GDP

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Recent values

Percent of GDP

Year	Value
2031	-2.45	Forecast
2030	-2.49	Forecast
2029	-2.47	Forecast
2028	-2.54	Forecast
2027	-2.53	Forecast
2026	-2.17	Forecast
2025	-1.91	Forecast
2024	-0.96
2023	-1.25
2022	-1.70
2021	-1.16
2020	-4.91
2019	-2.24
2018	-1.88
2017	-1.38
2016	-1.11
2015	-1.47

Sources

IMF Fiscal Policy Panel1995–2023
IMF World Economic Outlook1995–2024
IMF Government Finance Statistics2014–2024
IMF WEO (forecast)2024–2031

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Guatemala documentation (PDF)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms

General government deficit (% of GDP)

Recent values

Sources

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General government deficit (% of GDP) elsewhere