Guatemala vs Ireland: Economic Indicators Comparison

Ireland with a GDP of $382.5B ranked the 33rd largest economy in the world, while Guatemala ranked 70th with $78.5B. By GDP 5-years average growth and GDP per capita, Ireland and Guatemala ranked 1st vs 69th and 7th vs 112th, respectively.

Gross Domestic Product & Income

StatGuatemalaIreland
GDP$78.5B$382.5B
GDP growth, 1 year3.1%6.8%
GDP growth, 5-years average3.5%10.5%
Population17.3M4.8M
GDP per capita$4.5k$79k
GDP per capita growth1.15%7.14%
Purchasing Power Parity conversion factor4.040.8
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.95
GDP per capita, PPP adjusted$8.4k$79k
GNI, Atlas method$75.9B$297.9B
GNI per capita$4.4k$61k
GNI, PPP adjusted$143.4B$325.4B
GNI per capita, PPP adjusted$8.3k$67k

Financial system and Human development

StatGuatemalaIreland
Income Tax Rate31%41%
Corporate Tax Rate31%12.5%
Inflation, consumer prices3.8%0.7%
Inflation, GDP deflator2.9%0.8%
Unemployment2.7%5.7%
Economic Freedom Index6480.9
Personal Freedom Index7.149.04
Human Freedom Index7.218.48
Property Rights Index45.586.6
Judical Effectiveness Index32.264.4
Business Freedom Index62.682.7
Fiscal Health Index95.791.4
Labor Freedom Index48.475.9
Investment Freedom Index7090
Financial Freedom Index5070
Trade Freedom Index82.286.4
Monetary Freedom Index77.485.3
Government Spending Index95.678.8
Tax Burden Index79.276.4
Government Integrity Index29.682.8
Corruption Perceptions Index2773
Life expectancy at birth, years73.882
Suicide mortality rate, per 100,000 people2.711.5
Mortality caused by road traffic injury, per 100,000 people16.64.1
Intentional homicides, per 100,000 people26.10.9
International tourism, number of arrivals1.8M10.9M

Government debt & reserves

StatGuatemalaIreland
Central government debt, % of GDP24.5%65.2%
External debt stocks, % of GNI29%N/A
External debt stocks$22.3BN/A
Short-term debt, % of total reserves7.3%N/A
Total debt service, % of exports and primary income26.7%N/A
Adjusted net savings including particulate emission damage, % of GNI1.9%16%
Gross savings, % of GDP13.4%36.6%
Gross capital formation, % of GDP12.1%23.8%
Total reserves including gold$12.6B$5.2B
Foreign direct investment net inflows$1.1B$64.5B

Exports, imports and economic structure

StatGuatemalaIreland
Exports of goods and services, % of GDP18.1%122.3%
Imports of goods and services, % of GDP27.7%89.2%
Current account balance (balance of payments)$665M$40.9B
Revenue excluding grants, % of GDP11%24.2%
Grants excluding technical cooperation, BoP$342.5MN/A
Personal remittances received$9.4B$623.6M
Industry including construction value added, % of GDP24.6%36.8%
Agriculture, forestry and fishing value added, % of GDP10%0.9%
Charges for the use of intellectual property, payments BoP$209.8M$85.1B
Charges for the use of intellectual property, receipts BoP$700k$13.9B
Expense, % of GDP11.8%23.3%
Government Expenditure, % of GDP12.1%26.6%

Compare with countries close by GDP per capita

Guatemala vs

CountryGDP
per capita
Population
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M

Ireland vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k