Guatemala: Imports of goods and services (% of GDP)
In , Guatemala's Imports of goods and services (% of GDP) was 31.45.
That's down 0.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . Guatemala ranks #107 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #13 of 24.
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 43.02
- Trough
- 24.80
- 1-year change
- -0.8%
- 5-year change
- +12.7%
- +2.4% / yr
- 10-year change
- -5.7%
- -0.6% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 31.4513 | |
| 31.6908 | |
| 35.4855 | |
| 31.6315 | |
| 24.7971 | |
| 27.9048 | |
| 28.8424 | |
| 27.5744 | |
| 27.6196 | |
| 30.0635 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Guatemala's Imports of goods and services (% of GDP) in 2024?
- In 2024, Guatemala's Imports of goods and services (% of GDP) was 31.45, according to World Bank Open Data.
- Is Guatemala's Imports of goods and services (% of GDP) rising or falling?
- Guatemala's Imports of goods and services (% of GDP) fell 0.8% from 2023 to 2024.
- How does Guatemala rank globally on Imports of goods and services (% of GDP)?
- In 2024, Guatemala ranked #107 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does Guatemala's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Guatemala is below the world average. Within Latin America & Caribbean, it ranks #13 of 24.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.