Guatemala: Government spending, in dollars

* indicates monthly or quarterly data series
 Guatemala

Government spending, billion USD

 Latest value 12.34
 Year 2024
 Measure billion U.S. dollars
 Data availability 1960 - 2024
 Average 2.48
 Min - Max 0.08 - 12.34
 Source The World Bank
The latest value from 2024 is 12.34 billion U.S. dollars, an increase from 11.73 billion U.S. dollars in 2023. In comparison, the world average is 78.89 billion U.S. dollars, based on data from 100 countries. Historically, the average for Guatemala from 1960 to 2024 is 2.48 billion U.S. dollars. The minimum value, 0.08 billion U.S. dollars, was reached in 1960 while the maximum of 12.34 billion U.S. dollars was recorded in 2024. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Guatemala - Government spending, in dollars - Recent values chart

Historical series
Guatemala - Government spending, in dollars - historical chart - 1960-2024




Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 10.90 2024 percent
 Government spending, in dollars 12.34 2024 billion U.S. dollars
 Fiscal balance, percent of GDP -0.96 2024 percent
 Primary budget balance 0.65 2024 percent
 Government expenditure 22.43 Q1/2025 billion
 Tax revenue 11.57 2023 percent
 Commercial tax rate 35.20 2019 percent
 Tax preparation time 248 2019 hours
 Taxes on goods and services 51.52 2023 percent
 Taxes on international trade 4.27 2023 percent
 Income and profits taxes 33.59 2023 percent
 Foreign aid 447.02 2023 million U.S. dollars
 Government debt 26.32 2024 percent
 Government debt in foreign currency, percent 47.34 2024 percent
 Government debt held by non-residents 45.08 2024 percent
 Short-term government debt 0.68 2024 percent
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