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Economy of Guatemala vs Jordan compared: GDP & Debt

Updated on by Georank team

Guatemala has a GDP of $113B compared to $53.4B for Jordan, ranking 68/197 and 90/197 by economy size, respectively.

Guatemala has $29.8B in government debt (26.3% of GDP), compared to $48.1B (90.2% of GDP) in Jordan.

Guatemala vs Jordan GDP by year

Guatemala
Jordan
1x
Year GDP, current $
Guatemala Jordan
2024 $113,199,581,158 $53,352,289,577
2023 $104,368,755,055 $51,088,476,338
2022 $95,641,446,501 $48,764,963,380
2021 $86,455,522,273 $46,296,100,141
2020 $77,719,468,248 $43,700,383,099
2019 $77,172,331,693 $44,503,006,338
2018 $73,328,356,008 $43,370,860,704
2017 $71,653,780,740 $41,608,435,915
2016 $66,053,408,206 $39,892,551,127
2015 $62,186,066,548 $38,587,017,887
2014 $57,852,159,008 $36,847,643,521
2013 $52,996,420,177 $34,454,440,141
2012 $49,593,929,487 $31,634,561,690
2011 $46,876,006,272 $29,524,149,155
2010 $40,676,578,423 $27,133,804,225
2009 $37,126,148,265 $24,537,876,056
2008 $38,503,720,224 $22,658,715,989
2007 $33,567,850,824 $17,110,437,236
2006 $29,744,246,827 $15,056,981,664
2005 $26,783,389,294 $12,588,998,590
2004 $23,577,298,095 $11,411,706,629
2003 $21,576,351,799 $10,195,627,645
2002 $20,444,205,991 $9,582,510,578
2001 $18,405,220,247 $8,975,814,653
2000 $19,288,929,030 $8,460,789,845
1999 $18,318,412,251 $8,149,929,478
1998 $19,395,491,993 $7,912,270,804
1997 $17,790,026,222 $7,245,839,210
1996 $15,674,835,615 $6,927,503,526
1995 $14,655,404,433 $6,727,597,032
1994 $12,983,233,311 $6,236,295,978
1993 $11,400,017,301 $5,606,400,222
1992 $10,440,781,588 $5,310,833,194
1991 $9,406,135,143 $4,344,467,193
1990 $7,650,196,845 $4,160,087,508
1989 $8,410,724,361 $4,221,373,674
1988 $7,841,602,824 $6,277,451,829
1987 $7,084,399,840 $6,756,209,762
1986 $7,231,963,516 $6,402,050,485
1985 $9,721,652,087 $4,993,601,520
1984 $9,470,000,100 $4,967,162,160
1983 $9,050,000,400 $4,920,692,191
1982 $8,716,999,700 $4,681,240,993
1981 $8,607,500,300 $4,383,944,703
1980 $7,878,700,000 $3,910,044,474
1979 $6,902,600,200 $3,271,368,781
1978 $6,070,600,200 $2,602,208,589
1977 $5,480,500,200 $2,096,778,602
1976 $4,365,300,200 $1,708,521,219
1975 $3,645,900,000 $1,363,073,498
1974 $3,161,499,900 $1,197,483,949
1973 $2,569,200,100 $943,783,840
1972 $2,101,300,000 $788,479,685
1971 $1,984,800,000 $678,159,729
1970 $1,904,000,000 $639,519,744
1969 $1,715,399,900 $698,879,720
1968 $1,610,500,000 $561,119,776
1967 $1,453,500,000 $631,679,747
1966 $1,390,700,000 $657,999,737
1965 $1,331,399,900 $599,759,760
1964 $1,299,099,900 -
1963 $1,262,800,000 -
1962 $1,143,600,000 -
1961 $1,076,699,900 -
1960 $1,043,599,900 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Guatemala vs Jordan by year

Guatemala
GDP per capita

GDP per capita, PPP
Jordan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guatemala Jordan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,150 $14,369 $4,618 $10,821
2023 $5,758 $13,745 $4,466 $10,412
2022 $5,359 $13,014 $4,332 $9,927
2021 $4,913 $11,825 $4,183 $9,182
2020 $4,478 $10,947 $4,022 $9,579
2019 $4,512 $10,756 $4,170 $9,429
2018 $4,353 $9,947 $4,145 $9,042
2017 $4,325 $9,560 $4,066 $9,266
2016 $4,060 $9,201 $3,987 $8,748
2015 $3,894 $8,934 $4,043 $8,967
2014 $3,689 $8,237 $4,191 $9,145
2013 $3,444 $7,700 $4,311 $9,817
2012 $3,287 $7,258 $4,170 $9,739
2011 $3,169 $6,784 $3,947 $9,632
2010 $2,805 $6,510 $3,718 $9,417
2009 $2,612 $6,377 $3,436 $9,291
2008 $2,763 $6,435 $3,242 $8,983
2007 $2,459 $6,238 $2,506 $8,416
2006 $2,225 $5,833 $2,343 $8,046
2005 $2,046 $5,486 $2,088 $7,697
2004 $1,841 $5,263 $1,940 $7,074
2003 $1,723 $5,081 $1,776 $6,500
2002 $1,669 $4,969 $1,706 $6,256
2001 $1,538 $4,822 $1,632 $5,948
2000 $1,649 $4,715 $1,571 $5,641
1999 $1,604 $4,557 $1,545 $5,402
1998 $1,741 $4,437 $1,532 $5,264
1997 $1,638 $4,287 $1,436 $5,171
1996 $1,481 $4,143 $1,410 $5,055
1995 $1,421 $4,055 $1,416 $5,027
1994 $1,293 $3,886 $1,367 $4,830
1993 $1,166 $3,756 $1,289 $4,726
1992 $1,096 $3,626 $1,287 $4,654
1991 $1,014 $3,473 $1,110 $4,195
1990 $848 $3,330 $1,149 $4,317
1989 $958 - $1,260 -
1988 $919 - $1,966 -
1987 $854 - $2,217 -
1986 $896 - $2,200 -
1985 $1,238 - $1,797 -
1984 $1,241 - $1,871 -
1983 $1,220 - $1,939 -
1982 $1,204 - $1,929 -
1981 $1,216 - $1,885 -
1980 $1,142 - $1,750 -
1979 $1,026 - $1,519 -
1978 $925 - $1,249 -
1977 $856 - $1,039 -
1976 $697 - $873 -
1975 $595 - $718 -
1974 $529 - $651 -
1973 $441 - $531 -
1972 $370 - $460 -
1971 $358 - $412 -
1970 $353 - $409 -
1969 $326 - $474 -
1968 $315 - $409 -
1967 $291.9 - $497 -
1966 $287.3 - $558 -
1965 $283 - $546 -
1964 $284.2 - - -
1963 $284.4 - - -
1962 $265.2 - - -
1961 $257.2 - - -
1960 $256.8 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Guatemala's GDP per capita is $6,150, ranking 112/197, compared to $4,618 in Jordan, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Guatemala ranks 116th at $14,369, while Jordan ranks 131st at $10,821.

Economic indicators

Guatemala Jordan
Gross domestic product
$113B
2024
$53.4B
2024
GDP rank
68/197
2024
90/197
2024
GDP growth
3.65%
2023-2024
2.49%
2023-2024
GDP per capita
$6,150
2024
$4,618
2024
GDP per capita rank
112/197
2024
123/197
2024
GDP per capita, PPP
$14,369
2024
$10,821
2024
GDP per capita PPP rank
116/197
2024
131/197
2024
Government debt
$29.8B
2024
$48.1B
2024
Debt-to-GDP ratio
26.3%
2024
90.2%
2024
Government debt per person
$1,619
2024
$4,167
2024
Government debt per person rank
124/185
2024
91/185
2024
Average annual personal income after taxes
$4,917
2026
$4,787
2026
Market capitalization of domestic companies n/a
$24.9B
2024
Income share by richest 10%
34.1%
2023
27.4%
2010
Income share by poorest 10%
1.6%
2023
3.5%
2010
Government expenditure, % of GDP
13.4%
2024
33%
2024
Consumer prices inflation
2.87%
2023-2024
1.56%
2023-2024
Central bank interest rate
4%
2025
5.75%
2025
Unemployment rate
1.9%
2024
16.6%
2023
Population
19049936
11555022

Spending and national debt comparison by year

Guatemala
Spending

Debt
Jordan
Spending

Debt
1x
Year % of GDP
Guatemala Jordan
Government spending Government debt Government spending Government debt
2024 13.4% 26.3% 33% 90.2%
2023 13.7% 27.2% 32.9% 89%
2022 14.3% 29% 33.3% 88.6%
2021 13.5% 30.6% 34.1% 87.6%
2020 15.6% 31.5% 33.7% 104.5%
2019 13.4% 26.4% 32.4% 92.9%
2018 13.2% 26.4% 32% 87.4%
2017 12.8% 25.1% 29.6% 86.1%
2016 12.6% 24.9% 29.8% 85%
2015 12.6% 24.8% 31.7% 83.4%
2014 13.6% 24.7% 39.2% 78.6%
2013 14% 25% 36.4% 78.1%
2012 14.2% 24.6% 32.2% 73.8%
2011 14.5% 23.8% 27.4% 63.9%
2010 14.5% 24% 29.8% 59.5%
2009 14.1% 22.8% 35.9% 55.5%
2008 13.3% 19.6% 35.8% 53.2%
2007 13.9% 20.8% 37.7% 64.4%
2006 14.2% 20.9% 34.7% 65.6%
2005 13.2% 20% 37.3% 80.5%
2004 12.9% 20.6% 36.6% 86%
2003 14.4% 19.8% 36% 94.6%
2002 13.1% 17.4% 32.9% 91.3%
2001 13.8% 19.1% 32.1% 89.7%
2000 13.6% 18% 33.1% 85.6%
1999 14.6% 22% 32.7% 98.1%
1998 13.2% 19% 34.9% 99.8%
1997 11.2% 18.5% 33.9% 98.1%
1996 9.85% 19.2% 36.2% 104.9%
1995 9.77% 21% 35.5% 106.1%
1994 - - 34.3% 116.2%
1993 - - 36.4% 126.6%
1992 - - 35.5% 139.6%
1991 - - 44.9% 187%
1990 - - 44% 204.8%
1989 - - 42.5% 195.4%
1988 - - 44.3% 129.3%
1987 - - 42.1% 101.9%
1986 - - 33.8% 84.3%
1985 - - 42.4% 85.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1999, retrieved 2026-02-20).

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

In 2024, Guatemala's government spending was $15.1B, accounting for 13.4% of its GDP, while Jordan spent $17.6B, or 33% of GDP.

Debt-to-GDP ratio is 26.3% in Guatemala and 90.2% in Jordan, ranking 161/185 and 32/185, respectively.

Government deficit by year

Deficit/surplus
Guatemala

Jordan
1x
Year Deficit/surplus, % of GDP
Guatemala Jordan
2024 -0.96% -7.33%
2023 -1.25% -6.89%
2022 -1.7% -6.8%
2021 -1.16% -8.45%
2020 -4.91% -10.1%
2019 -2.24% -7.19%
2018 -1.88% -5.78%
2017 -1.38% -3.61%
2016 -1.11% -3.71%
2015 -1.47% -7.1%
2014 -1.92% -15.5%
2013 -2.16% -16.1%
2012 -2.42% -13.8%
2011 -2.8% -5.61%
2010 -3.28% -5.43%
2009 -3.12% -8.66%
2008 -1.57% -5.38%
2007 -1.4% -5.45%
2006 -1.88% -3.82%
2005 -1.67% -5.36%
2004 -1.05% -1.09%
2003 -2.47% -2.52%
2002 -1.03% -4.44%
2001 -2% -2.77%
2000 -1.88% -3.99%
1999 -2.96% -2.69%
1998 -2.29% -5.4%
1997 -0.79% -2.97%
1996 0.04% -3.25%
1995 -0.53% -1.72%
1994 - -2.3%
1993 - -2.14%
1992 - 1.87%
1991 - -10.2%
1990 - -7.45%
1989 - -6.89%
1988 - -13%
1987 - -13.4%
1986 - -2.39%
1985 - -6.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

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

In 2024, Guatemala's government deficit, the difference between spending and revenue, was $1.09B, equivalent to 0.96% of GDP. This compares to Jordan's deficit of $3.91B, or 7.33% of GDP.

Over the past 30 years, Guatemala recorded a fiscal deficit in 29 of those years, while Jordan ran a deficit in 30 years. On average, Guatemala posted an annual deficit equal to 1.84% of GDP, compared to deficit of 6.1% of GDP for Jordan.

Inflation comparison by year

Inflation
Guatemala

Jordan
1x
Year Consumer prices inflation
Guatemala Jordan
2024 2.87% 1.56%
2023 6.21% 2.08%
2022 6.89% 4.23%
2021 4.26% 1.35%
2020 3.21% 0.33%
2019 3.7% 0.76%
2018 3.75% 4.46%
2017 4.42% 3.32%
2016 4.45% -0.78%
2015 2.39% -0.88%
2014 3.42% 2.9%
2013 4.34% 4.82%
2012 3.78% 4.52%
2011 6.21% 4.16%
2010 3.86% 4.85%
2009 1.86% -0.74%
2008 11.4% 14%
2007 6.82% 4.74%
2006 6.56% 6.25%
2005 9.11% 3.49%
2004 7.58% 3.36%
2003 5.6% 1.63%
2002 8.13% 1.83%
2001 7.29% 1.77%
2000 5.98% 0.67%
1999 5.21% 0.61%
1998 6.61% 3.09%
1997 9.23% 3.04%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Guatemala has recorded an average annual inflation rate of 5.54%, compared with 2.91% in Jordan. In 2024, inflation was 2.87% in Guatemala and 1.56% in Jordan.

Top exports between countries

Guatemala
Export category Export value
Raw agricultural goods $33M
Chemicals & pharma $294K
Processed food, beverages & tobacco $210K
Raw materials & minerals $34K
Textiles & consumer goods $9K
Wood & paper products $1K
Jordan
Export category Export value
Textiles & consumer goods $476K
Chemicals & pharma $207K
Machinery & equipment $185K
Raw materials & minerals $103K
Wood & paper products $8K
Metals $6K

Balance of trade

Guatemala Jordan
Current account balance
$3.27B
2024
-$3.13B
2024
Current account balance ranking
38/190
2024
158/190
2024
Current account balance, % of GDP
+2.89%
2024
-5.86%
2024
Goods imports
$29.1B
2024
$23.9B
2024
Goods exports
$13.3B
2024
$13.3B
2024
Service imports
$6.45B
2024
$6.5B
2024
Service exports
$4.65B
2024
$9.45B
2024
Imports of goods and services, % of GDP
31.5%
2024
57.1%
2024
Exports of goods and services, % of GDP
15.9%
2024
42.6%
2024

Economic freedom indices

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

Guatemala Jordan
Economic freedom 63.5 59.3
Economic freedom ranking 79/197 104/197
Property rights 39.1 52.3
Government integrity 25.2 51
Judicial effectiveness 26.1 44
Tax burden 91.3 84.1
Government spending 94.3 67.2
Fiscal health 95.9 5.2
Business freedom 65.7 62.7
Labor freedom 52.5 51.3
Monetary freedom 77.3 81.2
Trade freedom 74.6 82
Investment freedom 70 70
Financial freedom 50 60

Economic freedom comparison by year

Guatemala
Jordan
1x
Year Economic freedom index
Guatemala Jordan
2026 63.5 59.3
2025 63.4 59.4
2024 62.4 58.3
2023 62.7 58.8
2022 63.2 60.1
2021 64 64.6
2020 64 66
2019 62.6 66.5
2018 63.4 64.9
2017 63 66.7
2016 61.8 68.3
2015 60.4 69.3
2014 61.2 69.2
2013 60 70.4
2012 60.9 69.9
2011 61.9 68.9
2010 61 66.1
2009 59.4 65.4
2008 59.8 64.1
2007 60.5 64.5
2006 59.1 63.7
2005 59.5 66.7
2004 59.6 66.1
2003 62.3 65.3
2002 62.3 66.2
2001 65.1 68.3
2000 64.3 67.5
1999 66.2 67.4
1998 65.8 66.8
1997 65.7 63.6
1996 63.7 60.8
1995 62 62.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Guatemala is 63.5, ranking 79/197, compared to 59.3 for Jordan, ranking 104/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guatemala Jordan
Services, % of GDP
61.8%
2024
60.4%
2024
Industry, % of GDP
21.7%
2024
25.1%
2024
Agriculture, forestry, and fishing, % of GDP
9.78%
2024
5.07%
2024
GNI, Atlas method
$106B
2024
$51.2B
2024
GNI per capita, PPP
$14,170
2024
$10,570
2024
Total reserves including gold
$24.4B
2024
$21.9B
2024
Total reserves ranking
57/177
2024
60/177
2024
Net foreign direct investment
-$983M
2024
-$1.58B
2024
Net inflows of foreign direct investment
$1.85B
2024
$1.63B
2024
Net outflows of foreign direct investment
$865M
2024
$54.1M
2024
Servicing debt to the IMF, % of GNI
1.75%
2024
8.64%
2024
Poverty at national poverty lines
56%
2023
14.2%
2020
Gross capital formation, % of GDP
16.7%
2024
25.2%
2021

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1999, retrieved 2026-02-20)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.