Social contributions in Guatemala
Guatemala: Social contributions was 6.63 billion current LCU in 2024. ◆ Volatile
Social contributions in Guatemala, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Guatemala recorded 6.63 billion current LCU for social contributions in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 9.9% on the previous year and up 94.9% over ten years.
Over the whole period, social contributions in Guatemala peaked at 6.63 billion current LCU in 2024 and was at its lowest, 87.33 million current LCU, in 1990.
That places Guatemala 77th out of 112 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1990s | 168.67 million current LCU | 87.33 million current LCU | 302.64 million current LCU | 10 |
| 2000s | 574.60 million current LCU | 356.71 million current LCU | 922.12 million current LCU | 10 |
| 2010s | 2.96 billion current LCU | 1.07 billion current LCU | 4.79 billion current LCU | 10 |
| 2020s | 5.55 billion current LCU | 4.88 billion current LCU | 6.63 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 social contributions in Guatemala?
- Social contributions in Guatemala was 6.63 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Guatemala?
- The highest recorded value was 6.63 billion current LCU in 2024.
- What is the lowest social contributions recorded in Guatemala?
- The lowest recorded value was 87.33 million current LCU in 1990.
- How does Guatemala rank for social contributions?
- Guatemala ranks 77th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Guatemala?
- Over the last ten years it is up 94.9%. The long-run trend across the full record is volatile.
- Where does this Guatemala data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.