Guatemala: Military expenditure (% of GDP)
In , Guatemala's Military expenditure (% of GDP) was 0.37.
That's down 12.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Guatemala ranks #142 globally out of 147 reporting countries. Within Latin America & Caribbean, it ranks #19 of 20.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 0.48
- Trough
- 0.37
- 1-year change
- -12.3%
- 5-year change
- -14.5%
- -3.1% / yr
- 10-year change
- -13.4%
- -1.4% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 0.3676 | |
| 0.4190 | |
| 0.4617 | |
| 0.3906 | |
| 0.4410 | |
| 0.4301 | |
| 0.3725 | |
| 0.3839 | |
| 0.4405 | |
| 0.4060 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Guatemala's Military expenditure (% of GDP) in 2024?
- In 2024, Guatemala's Military expenditure (% of GDP) was 0.37, according to World Bank Open Data.
- Is Guatemala's Military expenditure (% of GDP) rising or falling?
- Guatemala's Military expenditure (% of GDP) fell 12.3% from 2023 to 2024.
- How does Guatemala rank globally on Military expenditure (% of GDP)?
- In 2024, Guatemala ranked #142 out of 147 countries reporting Military expenditure (% of GDP).
- How does Guatemala's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Guatemala is below the world average. Within Latin America & Caribbean, it ranks #19 of 20.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.