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Guatemala Services Employment

Employment in services  SL.SRV.EMPL.ZS

Guatemala's services employment was 48.23% in 2025, ranked 49th globally. This represents a 0.4% increase from 2024. Data from World Bank, covering 1991–2025.

48.23% +0.21% (+0.4%)
Year 2025 Rank #49 Global Peak 50.85% (2022) Source World Bank

Guatemala Services Employment (1991–2025)

Overview

Guatemala's services employment stood at 48.23% in 2025, a rise of +0.21% from 2024. Based on recent trends, this figure is projected to reach 47.54% by 2026. Guatemala ranked 49th globally.

Guatemala’s share of employment in services rose from 41.77 in 1991 to a peak of 50.85 in 2022, before slipping slightly to 48.23 in 2025, placing the country 49th globally. The all‑time trough of 41.75 in 2000 marked the low point of a three‑decade expansion that has been driven by growth in tourism, retail and financial intermediation. Compared with peers of similar rank, Guatemala’s 2025 figure is marginally below Morocco’s 48.27 and Thailand’s 49.21, yet ahead of Senegal’s 47.92 and Sri Lanka’s 47.84, suggesting a competitive position within the middle tier of service‑oriented labor markets. The modest decline from the 2022 peak reflects a slowdown in private‑sector hiring and a modest shift of workers back to agriculture amid lower commodity prices. Continued investment in digital infrastructure and vocational training could revive the upward trajectory, encouraging a return to the higher employment levels observed during the early 2020s.

Data & projection

Year Services Employment YoY change Rank
2028* trend 46.77% - -
2027* trend 47.16% - -
2026* trend 47.54% - -
2025 48.23% +0.21% #49
2024 48.02% +0.34% #49
2023 47.68% −3.17% #51
2022 50.85% +2.09% #68
2021 48.76% −0.29% #59
2020 49.05% −0.81% #59
2019 49.86% +1.88% #62
2018 47.98% −1.23% #58
2017 49.22% −0.39% #64
2016 49.61% +0.38% #66
2015 49.23% +0.22% #65
2014 49.01% +0.32% #67
2013 48.68% +0.31% #66
2012 48.38% +5.69% #68
2011 42.69% −1.80% #52
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.6% GDP growth 3.7% C/A balance 2.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Guatemala matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Guatemala's services employment?▾

Guatemala's services employment was 48.23% in 2025. Ranked 49th globally. This represents a 0.4% increase from the previous year.

What was the highest services employment in Guatemala?▾

Guatemala's services employment peaked at 50.85% in 2022.

What was the lowest services employment in Guatemala?▾

The lowest services employment in Guatemala was 41.75% in 2000.

How does Guatemala rank in services employment?▾

Guatemala ranks 49th globally in services employment as of 2025.

What is the World Bank indicator code for services employment?▾

The World Bank indicator code is SL.SRV.EMPL.ZS. Data sourced from World Bank.

What is the projected services employment of Guatemala in 2026?▾

Guatemala's services employment is projected to reach 47.54% by 2026 based on trend extrapolation.

What is the services employment of Guatemala in 2025?▾

The services employment of Guatemala in 2025 was 48.23%. This ranks 49th in the world.

Cite this page

APA
Guatemala Services Employment. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/guatemala/services-employment/
BibTeX
@misc{historysaid_guatemala_services-employment, title = {Guatemala Services Employment}, url = {https://historysaid.com/guatemala/services-employment/}, publisher = {HistorySaid}, year = {2026} }
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