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Guatemala: Government deficit (% of GDP)

Percent of GDP · 1923–2024 · 102 observations · forecasts to 2031 · 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
3.01% (1947)low −7.98% (1981)

Government deficit (% of GDP)

Report error
-8%-6%-4%-2%0%2%4%19401960198020002020GuatemalaGuatemala
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-2.45Forecast
2030-2.49Forecast
2029-2.47Forecast
2028-2.54Forecast
2027-2.53Forecast
2026-2.17Forecast
2025-1.91Forecast
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

This series is derived from other GMD variables.

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 →

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