Budget balance — all countries

Budget balance — Guatemala

Budget balance in Guatemala in 2031 — -2.4%. Ranked 95 in the world out of 188. Since 1995, the indicator has fallen by 1.9 pp.

2031 -2.4% +0.1 pp vs 2030
World rank 95of 188
Period maximum 0%1996
Period minimum -4.9%2020

Trend over time

1995–2031 · % of GDP

Budget balance — Guatemala, 1995–2031-6-4-2019951999200320072011201520192023202720311995: -0.5%1996: 0%1997: -0.8%1998: -2.3%1999: -3%2000: -1.9%2001: -2%2002: -1%2003: -2.5%2004: -1%2005: -1.7%2006: -1.9%2007: -1.4%2008: -1.6%2009: -3.1%2010: -3.3%2011: -2.8%2012: -2.4%2013: -2.2%2014: -1.9%2015: -1.5%2016: -1.1%2017: -1.4%2018: -1.9%2019: -2.2%2020: -4.9%2021: -1.2%2022: -1.7%2023: -1.3%2024: -1%2025: -1.9%2026: -2.2%2027: -2.5%2028: -2.5%2029: -2.5%2030: -2.5%2031: -2.4%
Change over the period: −1.9 pp Annual average: -0.05 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Guatemala

Guatemala -2.4%
World computed -4.85%
Latin America & Caribbean computed -3.31%
Central America computed -2.75%
Budget balance — Guatemala, by year Guatemala All countries CSV XLSX
Year % Change, pp
2031 -2.4 +0.1 pp
2030 -2.5 +0 pp
2029 -2.5 +0 pp
2028 -2.5 +0 pp
2027 -2.5 −0.3 pp
2026 -2.2 −0.3 pp
2025 -1.9 −0.9 pp
2024 -1 +0.3 pp
2023 -1.3 +0.4 pp
2022 -1.7 −0.5 pp
2021 -1.2 +3.7 pp
2020 -4.9 −2.7 pp
2019 -2.2 −0.3 pp
2018 -1.9 −0.5 pp
2017 -1.4 −0.3 pp
2016 -1.1 +0.4 pp
2015 -1.5 +0.4 pp
2014 -1.9 +0.3 pp
2013 -2.2 +0.2 pp
2012 -2.4 +0.4 pp
2011 -2.8 +0.5 pp
2010 -3.3 −0.2 pp
2009 -3.1 −1.5 pp
2008 -1.6 −0.2 pp
2007 -1.4 +0.5 pp
2006 -1.9 −0.2 pp
2005 -1.7 −0.7 pp
2004 -1 +1.5 pp
2003 -2.5 −1.5 pp
2002 -1 +1 pp
2001 -2 −0.1 pp
2000 -1.9 +1.1 pp
1999 -3 −0.7 pp
1998 -2.3 −1.5 pp
1997 -0.8 −0.8 pp
1996 0 +0.5 pp
1995 -0.5

Central America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.