Military expenditure in Guatemala
Guatemala: Military expenditure was 3.22 billion current LCU in 2024. ◆ Volatile
Military expenditure in Guatemala, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Guatemala is 3.22 billion current LCU, measured in 2024.
That represents a change of down 6.0% on the previous year and up 69.7% over ten years.
Over the whole period, military expenditure in Guatemala peaked at 3.43 billion current LCU in 2023 and was at its lowest, 11.95 million current LCU, in 1962.
Guatemala ranks 123rd of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.08 million current LCU | 11.95 million current LCU | 21.18 million current LCU | 10 |
| 1970s | 46.78 million current LCU | 22.20 million current LCU | 90.20 million current LCU | 10 |
| 1980s | 244.43 million current LCU | 103.76 million current LCU | 427.00 million current LCU | 10 |
| 1990s | 806.66 million current LCU | 593.00 million current LCU | 920.06 million current LCU | 10 |
| 2000s | 1.16 billion current LCU | 797.50 million current LCU | 1.55 billion current LCU | 10 |
| 2010s | 1.93 billion current LCU | 1.37 billion current LCU | 2.55 billion current LCU | 10 |
| 2020s | 3.07 billion current LCU | 2.61 billion current LCU | 3.43 billion current LCU | 5 |
Countries ranked near Guatemala
More public sector data for Guatemala
- Arms imports 6.00 million SIPRI trend indicator values (2023)
- Tax revenue 11.6% (2024)
- Taxes on income, profits and capital gains 33.9% (2024)
- Taxes on goods and services 51.9% (2024)
- Net investment in nonfinancial assets 0.3% (2024)
- Net lending (+) / net borrowing (-) -0.9% (2024)
- Interest payments 12.5% (2024)
- Grants and other revenue 3.1% (2024)
- Interest payments 12.0% (2023)
- Other taxes 0.6% (2024)
Frequently asked questions
- What is military expenditure in Guatemala?
- Military expenditure in Guatemala was 3.22 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Guatemala?
- The highest recorded value was 3.43 billion current LCU in 2023.
- What is the lowest military expenditure recorded in Guatemala?
- The lowest recorded value was 11.95 million current LCU in 1962.
- How does Guatemala rank for military expenditure?
- Guatemala ranks 123rd out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Guatemala?
- Over the last ten years it is up 69.7%. The long-run trend across the full record is volatile.
- Where does this Guatemala data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)