Skip to content

Economy of Guatemala vs Israel compared: GDP & Debt

Updated on by Georank

Guatemala has a GDP of $123B compared to $611B for Israel, ranking 67/197 and 27/197 by economy size, respectively.

Guatemala has $33.5B in government debt (27.2% of GDP), compared to $418B (68.5% of GDP) in Israel.

Guatemala vs Israel GDP by year

Guatemala
Israel
1x
Year GDP, current $
Guatemala Israel
2025 $123,306,008,821 $610,777,842,874
2024 $113,215,575,151 $542,284,494,491
2023 $104,298,081,429 $513,393,395,492
2022 $95,609,727,056 $525,157,951,213
2021 $86,455,522,273 $489,735,019,666
2020 $77,719,468,248 $410,908,899,711
2019 $77,172,331,693 $399,207,771,082
2018 $73,328,356,008 $375,470,422,244
2017 $71,653,780,740 $357,360,816,857
2016 $66,053,408,206 $321,083,954,798
2015 $62,186,066,548 $302,841,190,258
2014 $57,852,159,008 $314,376,760,832
2013 $52,996,420,177 $298,045,324,736
2012 $49,593,929,487 $263,172,104,091
2011 $46,876,006,272 $267,739,352,609
2010 $40,676,578,423 $239,372,857,534
2009 $37,126,148,265 $213,112,649,594
2008 $38,503,720,224 $220,952,472,408
2007 $33,567,850,824 $184,448,882,452
2006 $29,744,246,827 $158,706,516,002
2005 $26,783,389,294 $147,346,035,831
2004 $23,577,298,095 $139,925,423,025
2003 $21,576,351,799 $131,278,887,815
2002 $20,444,205,991 $125,215,963,105
2001 $18,405,220,247 $134,889,159,474
2000 $19,288,929,030 $136,409,902,632
1999 $18,318,412,251 $121,329,240,042
1998 $19,395,491,993 $120,468,659,246
1997 $17,790,026,222 $119,389,303,067
1996 $15,674,835,615 $115,051,957,577
1995 $14,655,404,433 $105,432,315,611
1994 $12,983,233,311 $90,684,108,118
1993 $11,400,017,301 $79,806,598,120
1992 $10,440,781,588 $79,408,652,426
1991 $9,406,135,143 $70,954,941,681
1990 $7,650,196,845 $61,978,459,022
1989 $8,410,724,361 $52,411,116,588
1988 $7,841,602,824 $52,618,458,014
1987 $7,084,399,840 $43,022,977,765
1986 $7,231,963,516 $35,812,041,620
1985 $9,721,652,087 $28,887,898,639
1984 $9,470,000,100 $30,626,695,891
1983 $9,050,000,400 $32,655,591,256
1982 $8,716,999,700 $29,237,231,967
1981 $8,607,500,300 $26,865,420,933
1980 $7,878,700,000 $25,379,585,067
1979 $6,902,600,200 $22,595,788,591
1978 $6,070,600,200 $17,690,363,444
1977 $5,480,500,200 $18,245,847,441
1976 $4,365,300,200 $15,946,502,888
1975 $3,645,900,000 $16,131,806,290
1974 $3,161,499,900 $17,162,009,924
1973 $2,569,200,100 $11,895,229,181
1972 $2,101,300,000 $9,216,866,299
1971 $1,984,800,000 $7,048,191,876
1970 $1,904,000,000 $7,402,142,195
1969 $1,715,399,900 $6,293,966,357
1968 $1,610,500,000 $5,455,059,532
1967 $1,453,500,000 $4,759,447,914
1966 $1,390,700,000 $4,700,397,692
1965 $1,331,399,900 $4,326,412,951
1964 $1,299,099,900 $4,021,861,430
1963 $1,262,800,000 $3,533,767,055
1962 $1,143,600,000 $2,964,323,618
1961 $1,076,699,900 $3,706,297,903
1960 $1,043,599,900 $3,068,690,949

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/guatemala/israel | CC BY

GDP per capita in Guatemala vs Israel by year

Guatemala
GDP per capita

GDP per capita, PPP
Israel
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guatemala Israel
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,598 - $60,337 -
2024 $6,151 $14,369 $54,217 $57,236
2023 $5,754 $13,745 $52,126 $55,171
2022 $5,357 $13,014 $54,947 $53,619
2021 $4,913 $11,825 $52,258 $46,162
2020 $4,478 $10,947 $44,591 $40,955
2019 $4,512 $10,756 $44,092 $41,325
2018 $4,353 $9,947 $42,269 $40,190
2017 $4,325 $9,560 $41,013 $39,471
2016 $4,060 $9,201 $37,571 $38,189
2015 $3,894 $8,934 $36,138 $35,871
2014 $3,689 $8,237 $38,265 $34,816
2013 $3,444 $7,700 $36,981 $34,827
2012 $3,287 $7,258 $33,269 $32,484
2011 $3,169 $6,784 $34,477 $31,314
2010 $2,805 $6,510 $31,399 $29,456
2009 $2,612 $6,377 $28,470 $28,087
2008 $2,763 $6,435 $30,231 $28,084
2007 $2,459 $6,238 $25,689 $28,307
2006 $2,225 $5,833 $22,500 $26,385
2005 $2,046 $5,486 $21,262 $25,701
2004 $1,841 $5,263 $20,550 $26,078
2003 $1,723 $5,081 $19,624 $24,702
2002 $1,669 $4,969 $19,059 $26,101
2001 $1,538 $4,822 $20,949 $25,806
2000 $1,649 $4,715 $21,690 $25,766
1999 $1,604 $4,557 $19,809 $23,415
1998 $1,741 $4,437 $20,176 $22,927
1997 $1,638 $4,287 $20,457 $22,279
1996 $1,481 $4,143 $20,213 $21,672
1995 $1,421 $4,055 $19,014 $20,642
1994 $1,293 $3,886 $16,796 $19,478
1993 $1,166 $3,756 $15,169 $18,218
1992 $1,096 $3,626 $15,500 $17,553
1991 $1,014 $3,473 $14,337 $16,486
1990 $848 $3,330 $13,300 $15,721
1989 $958 - $11,601 -
1988 $919 - $11,846 -
1987 $854 - $9,847 -
1986 $896 - $8,330 -
1985 $1,238 - $6,824 -
1984 $1,241 - $7,364 -
1983 $1,220 - $7,955 -
1982 $1,204 - $7,253 -
1981 $1,216 - $6,791 -
1980 $1,142 - $6,545 -
1979 $1,026 - $5,968 -
1978 $925 - $4,794 -
1977 $856 - $5,050 -
1976 $697 - $4,514 -
1975 $595 - $4,669 -
1974 $529 - $5,082 -
1973 $441 - $3,629 -
1972 $370 - $2,928 -
1971 $358 - $2,297 -
1970 $353 - $2,489 -
1969 $326 - $2,188 -
1968 $315 - $1,946 -
1967 $291.9 - $1,734 -
1966 $287.3 - $1,788 -
1965 $283 - $1,688 -
1964 $284.2 - $1,625 -
1963 $284.4 - $1,485 -
1962 $265.2 - $1,293 -
1961 $257.2 - $1,696 -
1960 $256.8 - $1,452 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/guatemala/israel | CC BY

Guatemala's GDP per capita is $6,598, ranking 108/197, compared to $60,337 in Israel, ranking 19/197. Adjusted for purchasing power (GDP per capita PPP), Guatemala ranks 116th at $14,369, while Israel ranks 36th at $57,236.

Economic indicators

Guatemala Israel
Gross domestic product
$123B
2025
$611B
2025
GDP rank
67/197
2025
27/197
2025
GDP growth
4.28%
2024-2025
2.93%
2024-2025
GDP per capita
$6,598
2025
$60,337
2025
GDP per capita rank
108/197
2025
19/197
2025
GDP per capita, PPP
$14,369
2024
$57,236
2024
GDP per capita PPP rank
116/197
2024
36/197
2024
Government debt
$33.5B
2025
$418B
2025
Debt-to-GDP ratio
27.2%
2025
68.5%
2025
Government debt per person
$1,793
2025
$41,338
2025
Government debt per person rank
122/185
2025
16/185
2025
Average annual personal income after taxes
$4,432
2026
$48,251
2026
Market capitalization of domestic companies n/a
$331B
2024
Number of millionaires n/a
195,000
2026
Number of billionaires n/a
42
2026
Income share by richest 10%
34.1%
2023
27%
2022
Income share by poorest 10%
1.6%
2023
1.8%
2022
Government expenditure, % of GDP
14.7%
2025
43.6%
2025
Consumer prices inflation
1.49%
2024-2025
3.04%
2024-2025
Central bank interest rate
4%
2025
3.75%
2026
Unemployment rate
1.9%
2024
3%
2025
Population
19115361
10334048

Spending and national debt comparison by year

Guatemala
Spending

Debt
Israel
Spending

Debt
1x
Year % of GDP
Guatemala Israel
Government spending Government debt Government spending Government debt
2025 14.7% 27.2% 43.6% 68.5%
2024 13.4% 26.3% 43.7% 67.7%
2023 13.7% 27.2% 39.6% 61.3%
2022 14.3% 29% 36.9% 60.3%
2021 13.5% 30.6% 40.1% 67.7%
2020 15.6% 31.5% 44.8% 71.1%
2019 13.4% 26.4% 38.7% 59.3%
2018 13.2% 26.4% 39.2% 60.1%
2017 12.8% 25.1% 38.4% 59.8%
2016 12.6% 24.9% 37.9% 61.7%
2015 12.6% 24.8% 37.6% 62.8%
2014 13.6% 24.7% 38.3% 65.8%
2013 14% 25% 39.7% 66%
2012 14.2% 24.6% 39.6% 66.9%
2011 14.5% 23.8% 39.3% 67.2%
2010 14.5% 24% 39.7% 69%
2009 14.1% 22.8% 41.4% 72.6%
2008 13.3% 19.6% 41.2% 70.2%
2007 13.9% 20.8% 40.2% 70.8%
2006 14.2% 20.9% 41.6% 77.7%
2005 13.2% 20% 42.3% 85.2%
2004 12.9% 20.6% 43% 88.3%
2003 14.4% 19.8% 45.4% 89.7%
2002 13.1% 17.4% 50% 87.2%
2001 13.8% 19.1% 46.1% 81.1%
2000 13.6% 18% 43.4% 77.2%
1999 14.6% 22% 53.6% 94.8%
1998 13.2% 19% 55% 101%
1997 11.2% 18.5% 52.6% 99.3%
1996 9.85% 19.2% 53.2% 100.3%
1995 9.77% 21% 52.8% 102.3%
1994 - - 41.7% 110.2%
1993 - - 42.2% 118.3%
1992 - - 44.1% 119.6%
1991 - - 34.4% 123.7%
1990 - - 46.8% 138.3%
1989 - - 47.5% 147.4%
1988 - - 46.5% 145.4%
1987 - - 52.8% 143.2%
1986 - - 55.7% 162.5%
1985 - - 65.2% 199%
1984 - - - 284%
1983 - - - 260.5%
1982 - - 69.7% -
1981 - - 71.8% -
1980 - - 69.4% 154.3%
1979 - - 70.1% 155.5%
1978 - - 62.2% 133.6%
1977 - - 69.1% 142%
1976 - - 66.3% 97.4%
1975 - - 62% 85.1%
1974 - - - 79.8%
1973 - - - 62.1%
1972 - - - 63.9%
1971 - - - -
1970 - - 41.6% -
1969 - - 41.1% -
1968 - - 39.4% -
1967 - - 33.9% -
1966 - - 29.6% -
1965 - - 27.8% -
1964 - - 28.2% -
1963 - - 26.9% -
1962 - - 27.7% -
1961 - - 30.3% -
1960 - - 30.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

GeoRank.org/economy/guatemala/israel | CC BY

In 2025, Guatemala's government spending was $18.2B, accounting for 14.7% of its GDP, while Israel spent $266B, or 43.6% of GDP.

Debt-to-GDP ratio is 27.2% in Guatemala and 68.5% in Israel, ranking 163/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
Guatemala

Israel
1x
Year Deficit/surplus, % of GDP
Guatemala Israel
2025 -1.91% -5.22%
2024 -0.96% -8.07%
2023 -1.25% -5.38%
2022 -1.7% 0.3%
2021 -1.16% -3.37%
2020 -4.91% -10.6%
2019 -2.24% -3.79%
2018 -1.88% -3.58%
2017 -1.38% -1.17%
2016 -1.11% -1.78%
2015 -1.47% -1.2%
2014 -1.92% -2.28%
2013 -2.16% -4.07%
2012 -2.42% -4.46%
2011 -2.8% -3.43%
2010 -3.28% -3.72%
2009 -3.12% -6.53%
2008 -1.57% -3.49%
2007 -1.4% -0.43%
2006 -1.88% -0.94%
2005 -1.67% -2.74%
2004 -1.05% -3.4%
2003 -2.47% -5.03%
2002 -1.03% -8.21%
2001 -2% -4.06%
2000 -1.88% -0.8%
1999 -2.96% -6.26%
1998 -2.29% -7.99%
1997 -0.79% -4.84%
1996 0.04% -5.97%
1995 -0.53% -4.28%
1994 - -5.62%
1993 - -5.62%
1992 - -8%
1991 - -7.04%
1990 - -9.67%
1989 - -9.03%
1988 - -7.57%
1987 - -7.47%
1986 - -7.51%
1985 - -14.2%
1984 - -
1983 - -
1982 - -13.8%
1981 - -23.5%
1980 - -19.6%
1979 - -16.7%
1978 - -14.7%
1977 - -20.3%
1976 - -19.4%
1975 - -19.6%
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -16%
1969 - -15.3%
1968 - -11.7%
1967 - -7.68%
1966 - -4.35%
1965 - -2.72%
1964 - -3.65%
1963 - -4.41%
1962 - -4.09%
1961 - -5.86%
1960 - -6.62%
1959 - -7.23%
1958 - -8.31%
1957 - -7.17%
1956 - -9.3%
1955 - -4.3%
1954 - -7.84%
1953 - -8.32%
1952 - -7.19%
1951 - -8.13%
1950 - -10.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08).

GeoRank.org/economy/guatemala/israel | CC BY

In 2025, Guatemala's government deficit, the difference between spending and revenue, was $2.36B, equivalent to 1.91% of GDP. This compares to Israel's deficit of $31.9B, or 5.22% of GDP.

Over the past 31 years, Guatemala recorded a fiscal deficit in 30 of those years, while Israel ran a deficit in 30 years. On average, Guatemala posted an annual deficit equal to 1.84% of GDP, compared to deficit of 4.09% of GDP for Israel.

Inflation comparison by year

Inflation
Guatemala

Israel
1x
Year Consumer prices inflation
Guatemala Israel
2025 1.49% 3.04%
2024 2.87% 3.07%
2023 6.21% 4.23%
2022 6.89% 4.41%
2021 4.26% 1.48%
2020 3.21% -0.58%
2019 3.7% 0.82%
2018 3.75% 0.81%
2017 4.42% 0.25%
2016 4.45% -0.54%
2015 2.39% -0.62%
2014 3.42% 0.47%
2013 4.34% 1.59%
2012 3.78% 1.68%
2011 6.21% 3.49%
2010 3.86% 2.7%
2009 1.86% 3.37%
2008 11.4% 4.53%
2007 6.82% 0.47%
2006 6.56% 2.05%
2005 9.11% 1.34%
2004 7.58% -0.42%
2003 5.6% 0.71%
2002 8.13% 5.8%
2001 7.29% 1.12%
2000 5.98% 1.03%
1999 5.21% 5.19%
1998 6.61% 5.49%
1997 9.23% 8.95%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/guatemala/israel | CC BY

Over the past 29 years, Guatemala has recorded an average annual inflation rate of 5.4%, compared with 2.27% in Israel. In 2025, inflation was 1.49% in Guatemala and 3.04% in Israel.

Top exports between countries

Guatemala
Export category Export value
Raw agricultural goods $10.9M
Textiles & consumer goods $157K
Processed food, beverages & tobacco $72K
Chemicals & pharma $55K
Machinery & equipment $13K
Raw materials & minerals $12K
Metals $2K
Israel
Export category Export value
Chemicals & pharma $12.3M
Machinery & equipment $8.95M
Metals $6.12M
Raw agricultural goods $5.23M
Textiles & consumer goods $3.25M
Raw materials & minerals $2.16M
Precious metals & jewellery $255K
Weapons & explosives $157K
Processed food, beverages & tobacco $107K
Wood & paper products $86K

Balance of trade

Guatemala Israel
Current account balance
$3.27B
2024
$8.53B
2025
Current account balance ranking
36/190
2024
26/190
2025
Current account balance, % of GDP
+2.89%
2024
+1.4%
2025
Goods imports
$29.1B
2024
$102B
2025
Goods exports
$13.3B
2024
$76.2B
2025
Service imports
$6.45B
2024
$53.2B
2025
Service exports
$4.65B
2024
$92.4B
2025
Imports of goods and services, % of GDP
31%
2025
25.4%
2025
Exports of goods and services, % of GDP
15.6%
2025
27.6%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Guatemala Israel
Economic freedom 63.5 68.4
Economic freedom ranking 79/197 47/197
Property rights 39.1 73.1
Government integrity 25.2 66.2
Judicial effectiveness 26.1 68.1
Tax burden 91.3 60.2
Government spending 94.3 52
Fiscal health 95.9 60.8
Business freedom 65.7 72.4
Labor freedom 52.5 56.8
Monetary freedom 77.3 78.2
Trade freedom 74.6 82.8
Investment freedom 70 70
Financial freedom 50 80

Economic freedom comparison by year

Guatemala
Israel
1x
Year Economic freedom index
Guatemala Israel
2026 63.5 68.4
2025 63.4 69.9
2024 62.4 70.1
2023 62.7 68.9
2022 63.2 68
2021 64 73.8
2020 64 74
2019 62.6 72.8
2018 63.4 72.2
2017 63 69.7
2016 61.8 70.7
2015 60.4 70.5
2014 61.2 68.4
2013 60 66.9
2012 60.9 67.8
2011 61.9 68.5
2010 61 67.7
2009 59.4 67.6
2008 59.8 66.3
2007 60.5 64.8
2006 59.1 64.4
2005 59.5 62.6
2004 59.6 61.4
2003 62.3 62.7
2002 62.3 66.9
2001 65.1 66.1
2000 64.3 65.5
1999 66.2 68.3
1998 65.8 68
1997 65.7 62.7
1996 63.7 62
1995 62 61.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/guatemala/israel | CC BY

The Economic Freedom Index for Guatemala is 63.5, ranking 79/197, compared to 68.4 for Israel, ranking 47/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guatemala Israel
Services, % of GDP
62.1%
2025
72.8%
2024
Industry, % of GDP
21.8%
2025
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
9.55%
2025
1.29%
2024
GNI, Atlas method
$119B
2025
$569B
2025
GNI per capita, PPP
$15,020
2025
$58,870
2025
Total reserves including gold
$32.8B
2025
$229B
2025
Total reserves ranking
57/177
2025
18/177
2025
Net foreign direct investment
-$983M
2024
-$11.8B
2025
Net inflows of foreign direct investment
$1.85B
2024
$14.8B
2024
Net outflows of foreign direct investment
$865M
2024
$9.92B
2024
Servicing debt to the IMF, % of GNI
1.75%
2024
n/a
Poverty at national poverty lines
56%
2023
22%
2020
Gross capital formation, % of GDP
16.8%
2025
24.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/guatemala/israel | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.