Guatemala vs Luxembourg: Economic Indicators Comparison
Guatemala with a GDP of $78.5B ranked the 70th largest economy in the world, while Luxembourg ranked 72nd with $70.9B. By GDP 5-years average growth and GDP per capita, Guatemala and Luxembourg ranked 69th vs 88th and 112th vs 3rd, respectively.
Gross Domestic Product & Income
| Stat |  Guatemala |  Luxembourg |
|---|---|---|
| GDP | $78.5B | $70.9B |
| GDP growth, 1 year | 3.1% | 3% |
| GDP growth, 5-years average | 3.5% | 3% |
| Population | 17.3M | 626k |
| GDP per capita | $4.5k | $117k |
| GDP per capita growth | 1.15% | 1.18% |
| Purchasing Power Parity conversion factor | 4.04 | 0.87 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.54 | 1.03 |
| GDP per capita, PPP adjusted | $8.4k | $107k |
| GNI, Atlas method | $75.9B | $43.1B |
| GNI per capita | $4.4k | $71k |
| GNI, PPP adjusted | $143.4B | $43.9B |
| GNI per capita, PPP adjusted | $8.3k | $72k |
Financial system and Human development
| Stat | Guatemala | Luxembourg |
|---|---|---|
| Income Tax Rate | 31% | 42% |
| Corporate Tax Rate | 31% | 18% |
| Inflation, consumer prices | 3.8% | 2% |
| Inflation, GDP deflator | 2.9% | 2.5% |
| Unemployment | 2.7% | 5.5% |
| Economic Freedom Index | 64 | 75.8 |
| Personal Freedom Index | 7.14 | 9.1 |
| Human Freedom Index | 7.21 | 8.46 |
| Property Rights Index | 45.5 | 86.4 |
| Judical Effectiveness Index | 32.2 | 74.4 |
| Business Freedom Index | 62.6 | 66.8 |
| Fiscal Health Index | 95.7 | 99 |
| Labor Freedom Index | 48.4 | 45.3 |
| Investment Freedom Index | 70 | 95 |
| Financial Freedom Index | 50 | 80 |
| Trade Freedom Index | 82.2 | 86.4 |
| Monetary Freedom Index | 77.4 | 76.4 |
| Government Spending Index | 95.6 | 45.4 |
| Tax Burden Index | 79.2 | 64.1 |
| Government Integrity Index | 29.6 | 90.3 |
| Corruption Perceptions Index | 27 | 81 |
| Life expectancy at birth, years | 73.8 | 82.7 |
| Suicide mortality rate, per 100,000 people | 2.7 | 13.5 |
| Mortality caused by road traffic injury, per 100,000 people | 16.6 | 6.3 |
| Intentional homicides, per 100,000 people | 26.1 | 0.3 |
| International tourism, number of arrivals | 1.8M | 1M |
Government debt & reserves
| Stat | Guatemala | Luxembourg |
|---|---|---|
| Central government debt, % of GDP | 24.5% | 21.8% |
| External debt stocks, % of GNI | 29% | N/A |
| External debt stocks | $22.3B | N/A |
| Short-term debt, % of total reserves | 7.3% | N/A |
| Total debt service, % of exports and primary income | 26.7% | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | 1.9% | 20.9% |
| Gross savings, % of GDP | 13.4% | 17.4% |
| Gross capital formation, % of GDP | 12.1% | 17.6% |
| Total reserves including gold | $12.6B | $938.9M |
| Foreign direct investment net inflows | $1.1B | -$5.6B |
Exports, imports and economic structure
| Stat | Guatemala | Luxembourg |
|---|---|---|
| Exports of goods and services, % of GDP | 18.1% | 211.6% |
| Imports of goods and services, % of GDP | 27.7% | 175.5% |
| Current account balance (balance of payments) | $665M | $3.4B |
| Revenue excluding grants, % of GDP | 11% | 40.9% |
| Grants excluding technical cooperation, BoP | $342.5M | N/A |
| Personal remittances received | $9.4B | $2.1B |
| Industry including construction value added, % of GDP | 24.6% | 11.8% |
| Agriculture, forestry and fishing value added, % of GDP | 10% | 0.2% |
| Charges for the use of intellectual property, payments BoP | $209.8M | $5B |
| Charges for the use of intellectual property, receipts BoP | $700k | $2.4B |
| Expense, % of GDP | 11.8% | 38.7% |
| Government Expenditure, % of GDP | 12.1% | 42.7% |
