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Economy of Guatemala vs Kazakhstan compared: GDP & Debt

Updated on by Georank

Guatemala has a GDP of $123B compared to $306B for Kazakhstan, ranking 67/197 and 49/197 by economy size, respectively.

Guatemala has $33.5B in government debt (27.2% of GDP), compared to $75.2B (24.6% of GDP) in Kazakhstan.

Guatemala vs Kazakhstan GDP by year

Guatemala
Kazakhstan
1x
Year GDP, current $
Guatemala Kazakhstan
2025 $123,306,008,821 $306,239,209,650
2024 $113,215,575,151 $291,480,274,649
2023 $104,298,081,429 $261,840,101,060
2022 $95,609,727,056 $225,496,328,925
2021 $86,455,522,273 $197,112,255,361
2020 $77,719,468,248 $171,082,365,861
2019 $77,172,331,693 $181,667,184,855
2018 $73,328,356,008 $179,339,977,690
2017 $71,653,780,740 $166,805,788,827
2016 $66,053,408,206 $137,278,320,084
2015 $62,186,066,548 $184,388,404,706
2014 $57,852,159,008 $221,415,613,595
2013 $52,996,420,177 $236,634,603,409
2012 $49,593,929,487 $207,998,568,866
2011 $46,876,006,272 $192,626,464,617
2010 $40,676,578,423 $148,047,348,241
2009 $37,126,148,265 $115,308,686,941
2008 $38,503,720,224 $133,441,648,852
2007 $33,567,850,824 $104,849,915,058
2006 $29,744,246,827 $81,003,864,630
2005 $26,783,389,294 $57,123,671,734
2004 $23,577,298,095 $43,151,647,003
2003 $21,576,351,799 $30,833,692,900
2002 $20,444,205,991 $24,636,598,527
2001 $18,405,220,247 $22,152,689,180
2000 $19,288,929,030 $18,291,990,662
1999 $18,318,412,251 $16,870,817,182
1998 $19,395,491,993 $22,135,245,507
1997 $17,790,026,222 $22,165,932,063
1996 $15,674,835,615 $21,035,357,937
1995 $14,655,404,433 $20,374,302,652
1994 $12,983,233,311 $21,250,792,886
1993 $11,400,017,301 $23,409,260,880
1992 $10,440,781,588 $24,917,355,372
1991 $9,406,135,143 $24,923,076,923
1990 $7,650,196,845 $26,932,016,270
1989 $8,410,724,361 -
1988 $7,841,602,824 -
1987 $7,084,399,840 -
1986 $7,231,963,516 -
1985 $9,721,652,087 -
1984 $9,470,000,100 -
1983 $9,050,000,400 -
1982 $8,716,999,700 -
1981 $8,607,500,300 -
1980 $7,878,700,000 -
1979 $6,902,600,200 -
1978 $6,070,600,200 -
1977 $5,480,500,200 -
1976 $4,365,300,200 -
1975 $3,645,900,000 -
1974 $3,161,499,900 -
1973 $2,569,200,100 -
1972 $2,101,300,000 -
1971 $1,984,800,000 -
1970 $1,904,000,000 -
1969 $1,715,399,900 -
1968 $1,610,500,000 -
1967 $1,453,500,000 -
1966 $1,390,700,000 -
1965 $1,331,399,900 -
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Guatemala vs Kazakhstan by year

Guatemala
GDP per capita

GDP per capita, PPP
Kazakhstan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guatemala Kazakhstan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,598 - $14,692 -
2024 $6,151 $14,369 $14,155 $40,891
2023 $5,754 $13,745 $12,879 $38,515
2022 $5,357 $13,014 $11,255 $35,895
2021 $4,913 $11,825 $9,984 $32,946
2020 $4,478 $10,947 $8,782 $29,040
2019 $4,512 $10,756 $9,457 $28,689
2018 $4,353 $9,947 $9,472 $25,096
2017 $4,325 $9,560 $8,943 $23,973
2016 $4,060 $9,201 $7,476 $23,023
2015 $3,894 $8,934 $10,196 $22,484
2014 $3,689 $8,237 $12,428 $23,958
2013 $3,444 $7,700 $13,478 $23,754
2012 $3,287 $7,258 $12,019 $21,367
2011 $3,169 $6,784 $11,287 $20,160
2010 $2,805 $6,510 $8,793 $18,642
2009 $2,612 $6,377 $6,938 $17,389
2008 $2,763 $6,435 $8,124 $17,278
2007 $2,459 $6,238 $6,449 $16,581
2006 $2,225 $5,833 $5,030 $14,966
2005 $2,046 $5,486 $3,577 $13,226
2004 $1,841 $5,263 $2,722 $11,777
2003 $1,723 $5,081 $1,958 $10,532
2002 $1,669 $4,969 $1,574 $9,504
2001 $1,538 $4,822 $1,422 $8,568
2000 $1,649 $4,715 $1,180 $7,418
1999 $1,604 $4,557 $1,092 $6,626
1998 $1,741 $4,437 $1,415 $6,284
1997 $1,638 $4,287 $1,382 $6,178
1996 $1,481 $4,143 $1,281 $5,836
1995 $1,421 $4,055 $1,218 $5,595
1994 $1,293 $3,886 $1,247 $5,860
1993 $1,166 $3,756 $1,355 $6,477
1992 $1,096 $3,626 $1,438 $6,945
1991 $1,014 $3,473 $1,442 $7,193
1990 $848 $3,330 $1,570 $7,874
1989 $958 - - -
1988 $919 - - -
1987 $854 - - -
1986 $896 - - -
1985 $1,238 - - -
1984 $1,241 - - -
1983 $1,220 - - -
1982 $1,204 - - -
1981 $1,216 - - -
1980 $1,142 - - -
1979 $1,026 - - -
1978 $925 - - -
1977 $856 - - -
1976 $697 - - -
1975 $595 - - -
1974 $529 - - -
1973 $441 - - -
1972 $370 - - -
1971 $358 - - -
1970 $353 - - -
1969 $326 - - -
1968 $315 - - -
1967 $291.9 - - -
1966 $287.3 - - -
1965 $283 - - -
1964 $284.2 - - -
1963 $284.4 - - -
1962 $265.2 - - -
1961 $257.2 - - -
1960 $256.8 - - -

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

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

Guatemala's GDP per capita is $6,598, ranking 108/197, compared to $14,692 in Kazakhstan, ranking 73/197. Adjusted for purchasing power (GDP per capita PPP), Guatemala ranks 116th at $14,369, while Kazakhstan ranks 58th at $40,891.

Economic indicators

Guatemala Kazakhstan
Gross domestic product
$123B
2025
$306B
2025
GDP rank
67/197
2025
49/197
2025
GDP growth
4.28%
2024-2025
6.5%
2024-2025
GDP per capita
$6,598
2025
$14,692
2025
GDP per capita rank
108/197
2025
73/197
2025
GDP per capita, PPP
$14,369
2024
$40,891
2024
GDP per capita PPP rank
116/197
2024
58/197
2024
Government debt
$33.5B
2025
$75.2B
2025
Debt-to-GDP ratio
27.2%
2025
24.6%
2025
Government debt per person
$1,793
2025
$3,609
2025
Government debt per person rank
122/185
2025
96/185
2025
Average annual personal income after taxes
$4,432
2026
$8,395
2026
Market capitalization of domestic companies n/a
$158B
2025
Number of millionaires n/a
44,307
2024
Number of billionaires n/a
6
2026
Income share by richest 10%
34.1%
2023
24.8%
2021
Income share by poorest 10%
1.6%
2023
4.3%
2021
Government expenditure, % of GDP
14.7%
2025
21.8%
2025
Consumer prices inflation
1.49%
2024-2025
11.4%
2024-2025
Central bank interest rate
4%
2025
17%
2026
Unemployment rate
1.9%
2024
4.9%
2022
Population
19115361
21211812

Spending and national debt comparison by year

Guatemala
Spending

Debt
Kazakhstan
Spending

Debt
1x
Year % of GDP
Guatemala Kazakhstan
Government spending Government debt Government spending Government debt
2025 14.7% 27.2% 21.8% 24.6%
2024 13.4% 26.3% 22.7% 24.4%
2023 13.7% 27.2% 23.4% 23%
2022 14.3% 29% 21.7% 23.5%
2021 13.5% 30.6% 22.1% 25.1%
2020 15.6% 31.5% 24.5% 26.4%
2019 13.4% 26.4% 20.2% 19.9%
2018 13.2% 26.4% 18.8% 20.3%
2017 12.8% 25.1% 24.1% 19.9%
2016 12.6% 24.9% 21.5% 19.7%
2015 12.6% 24.8% 22.9% 21.9%
2014 13.6% 24.7% 21.3% 14.5%
2013 14% 25% 19.8% 12.6%
2012 14.2% 24.6% 21.9% 12.1%
2011 14.5% 23.8% 21.2% 10.2%
2010 14.5% 24% 22.5% 10.7%
2009 14.1% 22.8% 23.5% 10.2%
2008 13.3% 19.6% 27.1% 6.77%
2007 13.9% 20.8% 23.7% 4.09%
2006 14.2% 20.9% 19.8% 6.68%
2005 13.2% 20% 22% 8.1%
2004 12.9% 20.6% 21.3% 11.4%
2003 14.4% 19.8% 21.4% 15%
2002 13.1% 17.4% 20.5% 17.6%
2001 13.8% 19.1% - -
2000 13.6% 18% - -
1999 14.6% 22% - -
1998 13.2% 19% - -
1997 11.2% 18.5% - -
1996 9.85% 19.2% - -
1995 9.77% 21% - -

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

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

In 2025, Guatemala's government spending was $18.2B, accounting for 14.7% of its GDP, while Kazakhstan spent $66.9B, or 21.8% of GDP.

Debt-to-GDP ratio is 27.2% in Guatemala and 24.6% in Kazakhstan, ranking 163/185 and 167/185, respectively.

Government deficit by year

Deficit/surplus
Guatemala

Kazakhstan
1x
Year Deficit/surplus, % of GDP
Guatemala Kazakhstan
2025 -1.91% -3.11%
2024 -0.96% -3.43%
2023 -1.25% -1.41%
2022 -1.7% 0.11%
2021 -1.16% -4.97%
2020 -4.91% -7.04%
2019 -2.24% -0.57%
2018 -1.88% 2.58%
2017 -1.38% -4.27%
2016 -1.11% -4.5%
2015 -1.47% -6.26%
2014 -1.92% 2.48%
2013 -2.16% 4.95%
2012 -2.42% 4.43%
2011 -2.8% 5.81%
2010 -3.28% 1.47%
2009 -3.12% -1.33%
2008 -1.57% 1.23%
2007 -1.4% 5.13%
2006 -1.88% 7.65%
2005 -1.67% 6.08%
2004 -1.05% 3.29%
2003 -2.47% 4%
2002 -1.03% 1.92%
2001 -2% -
2000 -1.88% -
1999 -2.96% -
1998 -2.29% -
1997 -0.79% -
1996 0.04% -
1995 -0.53% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/guatemala/kazakhstan | 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 Kazakhstan's deficit of $9.54B, or 3.11% of GDP.

Over the past 24 years, Guatemala recorded a fiscal deficit in 24 of those years, while Kazakhstan ran a deficit in 10 years. On average, Guatemala posted an annual deficit equal to 1.95% of GDP, compared to surplus of 0.59% of GDP for Kazakhstan.

Inflation comparison by year

Inflation
Guatemala

Kazakhstan
1x
Year Consumer prices inflation
Guatemala Kazakhstan
2025 1.49% 11.4%
2024 2.87% 8.7%
2023 6.21% 14.5%
2022 6.89% 15%
2021 4.26% 8%
2020 3.21% 6.8%
2019 3.7% 5.3%
2018 3.75% 6%
2017 4.42% 7.5%
2016 4.45% 14.6%
2015 2.39% 6.8%
2014 3.42% 6.6%
2013 4.34% 5.8%
2012 3.78% 5.1%
2011 6.21% 8.4%
2010 3.86% 7.1%
2009 1.86% 7.3%
2008 11.4% 17.2%
2007 6.82% 10.8%
2006 6.56% 8.6%
2005 9.11% 7.4%
2004 7.58% 7%
2003 5.6% 6.4%
2002 8.13% 6%
2001 7.29% 8.4%
2000 5.98% 13.2%
1999 5.21% 8.3%
1998 6.61% 7.1%
1997 9.23% 17.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Guatemala has recorded an average annual inflation rate of 5.4%, compared with 9.06% in Kazakhstan. In 2025, inflation was 1.49% in Guatemala and 11.4% in Kazakhstan.

Top exports between countries

Guatemala
Export category Export value
Raw agricultural goods $35K
Textiles & consumer goods $6K
Kazakhstan
Export category Export value
Raw materials & minerals $69K
Machinery & equipment $5K

Balance of trade

Guatemala Kazakhstan
Current account balance
$3.27B
2024
-$12.5B
2025
Current account balance ranking
36/190
2024
177/190
2025
Current account balance, % of GDP
+2.89%
2024
-4.07%
2025
Goods imports
$29.1B
2024
$66.3B
2025
Goods exports
$13.3B
2024
$77.3B
2025
Service imports
$6.45B
2024
$14B
2025
Service exports
$4.65B
2024
$12.8B
2025
Imports of goods and services, % of GDP
31%
2025
25.6%
2024
Exports of goods and services, % of GDP
15.6%
2025
31.6%
2024

Economic freedom indices

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

Guatemala Kazakhstan
Economic freedom 63.5 64.2
Economic freedom ranking 79/197 75/197
Property rights 39.1 54.9
Government integrity 25.2 40.7
Judicial effectiveness 26.1 33.8
Tax burden 91.3 91.2
Government spending 94.3 85.6
Fiscal health 95.9 97.2
Business freedom 65.7 64.9
Labor freedom 52.5 63.5
Monetary freedom 77.3 64.3
Trade freedom 74.6 74.4
Investment freedom 70 50
Financial freedom 50 50

Economic freedom comparison by year

Guatemala
Kazakhstan
1x
Year Economic freedom index
Guatemala Kazakhstan
2026 63.5 64.2
2025 63.4 63.8
2024 62.4 62
2023 62.7 62.1
2022 63.2 64.4
2021 64 71.1
2020 64 69.6
2019 62.6 65.4
2018 63.4 69.1
2017 63 69
2016 61.8 63.6
2015 60.4 63.3
2014 61.2 63.7
2013 60 63
2012 60.9 63.6
2011 61.9 62.1
2010 61 61
2009 59.4 60.1
2008 59.8 61.1
2007 60.5 59.6
2006 59.1 60.2
2005 59.5 53.9
2004 59.6 49.7
2003 62.3 52.3
2002 62.3 52.4
2001 65.1 51.8
2000 64.3 50.4
1999 66.2 47.3
1998 65.8 41.7
1997 65.7 -
1996 63.7 -
1995 62 -

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

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

The Economic Freedom Index for Guatemala is 63.5, ranking 79/197, compared to 64.2 for Kazakhstan, ranking 75/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guatemala Kazakhstan
Services, % of GDP
62.1%
2025
57.7%
2025
Industry, % of GDP
21.8%
2025
32.3%
2025
Agriculture, forestry, and fishing, % of GDP
9.55%
2025
3.74%
2025
GNI, Atlas method
$119B
2025
$286B
2025
GNI per capita, PPP
$15,020
2025
$41,090
2025
Total reserves including gold
$32.8B
2025
$66.1B
2025
Total reserves ranking
57/177
2025
40/177
2025
Net foreign direct investment
-$983M
2024
$1.38B
2025
Net inflows of foreign direct investment
$1.85B
2024
$2.09B
2024
Net outflows of foreign direct investment
$865M
2024
-$1.9B
2024
Servicing debt to the IMF, % of GNI
1.75%
2024
17.3%
2024
Poverty at national poverty lines
56%
2023
5%
2024
Gross capital formation, % of GDP
16.8%
2025
27.2%
2024

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/kazakhstan | CC BY

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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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-07-08)
  6. TradeMap (2020–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, 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.