Taxes on goods and services in Guatemala
Guatemala: Taxes on goods and services was 58.28 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Guatemala, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on goods and services in Guatemala stood at 58.28 billion current LCU. That is the highest value across all 35 years on record.
That represents a change of up 7.6% on the previous year and up 108.7% over ten years.
Over the whole period, taxes on goods and services in Guatemala peaked at 58.28 billion current LCU in 2024 and was at its lowest, 1.14 billion current LCU, in 1990.
Guatemala ranks 85th of 157 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 |
|---|---|---|---|---|
| 1990s | 3.93 billion current LCU | 1.14 billion current LCU | 8.89 billion current LCU | 10 |
| 2000s | 14.48 billion current LCU | 9.38 billion current LCU | 20.61 billion current LCU | 10 |
| 2010s | 28.90 billion current LCU | 21.27 billion current LCU | 36.75 billion current LCU | 10 |
| 2020s | 48.71 billion current LCU | 35.15 billion current LCU | 58.28 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 taxes on goods and services in Guatemala?
- Taxes on goods and services in Guatemala was 58.28 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Guatemala?
- The highest recorded value was 58.28 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Guatemala?
- The lowest recorded value was 1.14 billion current LCU in 1990.
- How does Guatemala rank for taxes on goods and services?
- Guatemala ranks 85th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Guatemala?
- Over the last ten years it is up 108.7%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.