Guatemala Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Guatemala's government debt to gdp was 26.98% in 2025, ranked 160th globally. This represents a 2.5% increase from 2024. Data from IMF WEO, covering 2000–2025.
Overview
Guatemala's government debt to gdp stood at 26.98% in 2025, a rise of +0.65% from 2024. The IMF projects 26.98% by 2025. Guatemala ranked 160th globally.
Guatemala’s general government debt-to‑GDP ratio has risen modestly over the 26‑year span from 2000 to 2025, moving from 18.00 % at the start of the period to 26.98 % in the latest IMF World Economic Outlook. The ratio reached its all‑time high of 31.49 % in 2020, a spike that coincided with the fiscal pressures of the COVID‑19 pandemic, before retreating to the current level that remains above the 2002 trough of 17.36 %. Relative to peers with similar rankings, Guatemala’s debt burden is slightly lower than Luxembourg’s 27.12 % and Cambodia’s 27.84 % but higher than Kazakhstan’s 24.81 % and Estonia’s 24.41 %. The upward trajectory suggests that unless fiscal consolidation or stronger revenue growth materialises, the debt‑to‑GDP ratio is likely to continue edging upward in the near term.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 30.78% | - | - |
| 2029* IMF | 30.13% | - | - |
| 2028* IMF | 29.47% | - | - |
| 2027* IMF | 28.70% | - | - |
| 2026* IMF | 27.80% | - | - |
| 2025* IMF | 26.98% | - | - |
| 2025 | 26.98% | +0.65% | #160 |
| 2024 | 26.32% | −0.89% | #29 |
| 2023 | 27.21% | −1.78% | #26 |
| 2022 | 28.98% | −1.60% | #27 |
| 2021 | 30.59% | −0.91% | #27 |
| 2020 | 31.49% | +5.08% | #27 |
| 2019 | 26.41% | +0.01% | #28 |
| 2018 | 26.41% | +1.34% | #31 |
| 2017 | 25.07% | +0.16% | #33 |
| 2016 | 24.91% | +0.14% | #32 |
| 2015 | 24.77% | +0.07% | #32 |
| 2014 | 24.70% | −0.34% | #41 |
| 2013 | 25.04% | +0.48% | #49 |
| 2012 | 24.56% | +0.79% | #48 |
| 2011 | 23.77% | −0.24% | #46 |
Detected Pattern
Analysis
Guatemala matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Guatemala's government debt to gdp was 26.98% in 2025. Ranked 160th globally. This represents a 2.5% increase from the previous year.
Guatemala's government debt to gdp peaked at 31.49% in 2020.
The lowest government debt to gdp in Guatemala was 17.36% in 2002.
Guatemala ranks 160th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Guatemala's government debt to gdp is projected to reach 26.98% by 2025 based on IMF projection.
The government debt to gdp of Guatemala in 2025 was 26.98%. This ranks 160th in the world.
Cite this page
@misc{historysaid_guatemala_government-debt-to-gdp,
title = {Guatemala Government Debt to GDP},
url = {https://historysaid.com/guatemala/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}