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Economy of Guatemala vs Mauritius compared: GDP & Debt

Updated on by Georank team

Guatemala has a GDP of $113B compared to $14.9B for Mauritius, ranking 68/197 and 143/197 by economy size, respectively.

Guatemala has $29.8B in government debt (26.3% of GDP), compared to $13.6B (91.1% of GDP) in Mauritius.

Guatemala vs Mauritius GDP by year

Guatemala
Mauritius
1x
Year GDP, current $
Guatemala Mauritius
2024 $113,199,581,158 $14,937,861,786
2023 $104,368,755,055 $14,072,212,290
2022 $95,641,446,501 $12,936,444,123
2021 $86,455,522,273 $11,622,048,697
2020 $77,719,468,248 $11,566,111,138
2019 $77,172,331,693 $14,645,235,205
2018 $73,328,356,008 $14,957,535,716
2017 $71,653,780,740 $13,896,938,315
2016 $66,053,408,206 $12,757,680,847
2015 $62,186,066,548 $12,162,211,503
2014 $57,852,159,008 $13,230,490,082
2013 $52,996,420,177 $12,434,596,541
2012 $49,593,929,487 $11,832,323,837
2011 $46,876,006,272 $11,677,718,382
2010 $40,676,578,423 $10,144,716,155
2009 $37,126,148,265 $9,264,513,545
2008 $38,503,720,224 $10,127,777,060
2007 $33,567,850,824 $8,277,442,915
2006 $29,744,246,827 $7,137,710,413
2005 $26,783,389,294 $6,576,108,447
2004 $23,577,298,095 $6,667,418,752
2003 $21,576,351,799 $5,894,873,920
2002 $20,444,205,991 $4,906,494,249
2001 $18,405,220,247 $4,675,755,867
2000 $19,288,929,030 $4,726,108,622
1999 $18,318,412,251 $4,402,193,195
1998 $19,395,491,993 $4,225,813,976
1997 $17,790,026,222 $4,243,755,308
1996 $15,674,835,615 $4,481,489,762
1995 $14,655,404,433 $4,094,741,652
1994 $12,983,233,311 $3,606,050,873
1993 $11,400,017,301 $3,307,302,126
1992 $10,440,781,588 $3,267,677,814
1991 $9,406,135,143 $2,895,354,736
1990 $7,650,196,845 $2,689,212,760
1989 $8,410,724,361 $2,211,312,823
1988 $7,841,602,824 $2,163,252,449
1987 $7,084,399,840 $1,906,174,438
1986 $7,231,963,516 $1,482,601,552
1985 $9,721,652,087 $1,090,611,325
1984 $9,470,000,100 $1,054,564,759
1983 $9,050,000,400 $1,104,956,573
1982 $8,716,999,700 $1,092,923,636
1981 $8,607,500,300 $1,157,769,444
1980 $7,878,700,000 $1,147,027,924
1979 $6,902,600,200 $1,227,446,632
1978 $6,070,600,200 $1,029,040,323
1977 $5,480,500,200 $834,722,972
1976 $4,365,300,200 $713,510,052
1975 $3,645,900,000 $673,311,287
1974 $3,161,499,900 $669,894,030
1973 $2,569,200,100 $404,285,775
1972 $2,101,300,000 $318,664,900
1971 $1,984,800,000 $251,437,338
1970 $1,904,000,000 $224,125,805
1969 $1,715,399,900 $221,553,613
1968 $1,610,500,000 $206,576,631
1967 $1,453,500,000 $238,439,291
1966 $1,390,700,000 $227,534,083
1965 $1,331,399,900 $230,024,161
1964 $1,299,099,900 $218,914,569
1963 $1,262,800,000 $253,839,558
1962 $1,143,600,000 $197,738,208
1961 $1,076,699,900 $191,757,729
1960 $1,043,599,900 $162,089,564

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

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

GDP per capita in Guatemala vs Mauritius by year

Guatemala
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guatemala Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,150 $14,369 $11,991 $31,840
2023 $5,758 $13,745 $11,270 $29,561
2022 $5,359 $13,014 $10,247 $26,874
2021 $4,913 $11,825 $9,178 $23,010
2020 $4,478 $10,947 $9,136 $21,622
2019 $4,512 $10,756 $11,568 $24,375
2018 $4,353 $9,947 $11,819 $23,416
2017 $4,325 $9,560 $10,987 $22,898
2016 $4,060 $9,201 $10,095 $21,952
2015 $3,894 $8,934 $9,631 $20,270
2014 $3,689 $8,237 $10,490 $19,294
2013 $3,444 $7,700 $9,877 $18,435
2012 $3,287 $7,258 $9,422 $17,259
2011 $3,169 $6,784 $9,324 $16,884
2010 $2,805 $6,510 $8,113 $15,920
2009 $2,612 $6,377 $7,427 $15,105
2008 $2,763 $6,435 $8,141 $14,569
2007 $2,459 $6,238 $6,677 $13,612
2006 $2,225 $5,833 $5,784 $12,593
2005 $2,046 $5,486 $5,354 $11,703
2004 $1,841 $5,263 $5,461 $11,216
2003 $1,723 $5,081 $4,858 $10,535
2002 $1,669 $4,969 $4,073 $9,824
2001 $1,538 $4,822 $3,909 $9,586
2000 $1,649 $4,715 $3,982 $9,143
1999 $1,604 $4,557 $3,746 $8,344
1998 $1,741 $4,437 $3,642 $8,121
1997 $1,638 $4,287 $3,696 $7,651
1996 $1,481 $4,143 $3,952 $7,206
1995 $1,421 $4,055 $3,648 $6,771
1994 $1,293 $3,886 $3,240 $6,414
1993 $1,166 $3,756 $3,014 $6,116
1992 $1,096 $3,626 $3,013 $5,753
1991 $1,014 $3,473 $2,705 $5,351
1990 $848 $3,330 $2,540 $5,010
1989 $958 - $2,103 -
1988 $919 - $2,074 -
1987 $854 - $1,840 -
1986 $896 - $1,442 -
1985 $1,238 - $1,069 -
1984 $1,241 - $1,042 -
1983 $1,220 - $1,103 -
1982 $1,204 - $1,101 -
1981 $1,216 - $1,181 -
1980 $1,142 - $1,187 -
1979 $1,026 - $1,292 -
1978 $925 - $1,102 -
1977 $856 - $906 -
1976 $697 - $787 -
1975 $595 - $755 -
1974 $529 - $763 -
1973 $441 - $467 -
1972 $370 - $374 -
1971 $358 - $299.6 -
1970 $353 - $271.3 -
1969 $326 - $272.7 -
1968 $315 - $258.7 -
1967 $291.9 - $304 -
1966 $287.3 - $296 -
1965 $283 - $305 -
1964 $284.2 - $297.3 -
1963 $284.4 - $353 -
1962 $265.2 - $282.3 -
1961 $257.2 - $281.7 -
1960 $256.8 - $238.3 -

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

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

Guatemala's GDP per capita is $6,150, ranking 112/197, compared to $11,991 in Mauritius, ranking 78/197. Adjusted for purchasing power (GDP per capita PPP), Guatemala ranks 116th at $14,369, while Mauritius ranks 71st at $31,840.

Economic indicators

Guatemala Mauritius
Gross domestic product
$113B
2024
$14.9B
2024
GDP rank
68/197
2024
143/197
2024
GDP growth
3.65%
2023-2024
4.93%
2023-2024
GDP per capita
$6,150
2024
$11,991
2024
GDP per capita rank
112/197
2024
78/197
2024
GDP per capita, PPP
$14,369
2024
$31,840
2024
GDP per capita PPP rank
116/197
2024
71/197
2024
Government debt
$29.8B
2024
$13.6B
2024
Debt-to-GDP ratio
26.3%
2024
91.1%
2024
Government debt per person
$1,619
2024
$10,929
2024
Government debt per person rank
124/185
2024
54/185
2024
Average annual personal income after taxes
$4,917
2026
$7,203
2026
Market capitalization of domestic companies n/a
$9.12B
2024
Income share by richest 10%
34.1%
2023
29.9%
2017
Income share by poorest 10%
1.6%
2023
2.9%
2017
Government expenditure, % of GDP
13.4%
2024
33.7%
2024
Consumer prices inflation
2.87%
2023-2024
3.6%
2023-2024
Central bank interest rate
4%
2025
4.5%
2025
Unemployment rate
1.9%
2024
5.21%
2024
Population
19049936
1240121

Spending and national debt comparison by year

Guatemala
Spending

Debt
Mauritius
Spending

Debt
1x
Year % of GDP
Guatemala Mauritius
Government spending Government debt Government spending Government debt
2024 13.4% 26.3% 33.7% 91.1%
2023 13.7% 27.2% 29.9% 85.6%
2022 14.3% 29% 29.4% 86.9%
2021 13.5% 30.6% 30.8% 93.8%
2020 15.6% 31.5% 32.6% 93.4%
2019 13.4% 26.4% 27.8% 74.6%
2018 13.2% 26.4% 24.3% 64.1%
2017 12.8% 25.1% 24.3% 63%
2016 12.6% 24.9% 24% 64.3%
2015 12.6% 24.8% 24.5% 65%
2014 13.6% 24.7% 23% 60.6%
2013 14% 25% 24.1% 58.2%
2012 14.2% 24.6% 22.5% 55.9%
2011 14.5% 23.8% 23.7% 56.5%
2010 14.5% 24% 24% 56.4%
2009 14.1% 22.8% 25.2% 58.4%
2008 13.3% 19.6% 22.7% 49.4%
2007 13.9% 20.8% 21.5% 51.6%
2006 14.2% 20.9% 22.2% 59.3%
2005 13.2% 20% 23% 61.7%
2004 12.9% 20.6% 22.6% 61.1%
2003 14.4% 19.8% 23.4% 70.8%
2002 13.1% 17.4% 23.3% 66.7%
2001 13.8% 19.1% 22.4% 60.5%
2000 13.6% 18% 22.2% 59.7%
1999 14.6% 22% 27.5% -
1998 13.2% 19% 26.6% -
1997 11.2% 18.5% 27.5% -
1996 9.85% 19.2% 27.4% -
1995 9.77% 21% 27.3% -
1994 - - 27.5% -
1993 - - 24.5% -
1992 - - 26.8% -
1991 - - 27.2% -
1990 - - 30.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20).

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

In 2024, Guatemala's government spending was $15.1B, accounting for 13.4% of its GDP, while Mauritius spent $5.03B, or 33.7% of GDP.

Debt-to-GDP ratio is 26.3% in Guatemala and 91.1% in Mauritius, ranking 161/185 and 30/185, respectively.

Government deficit by year

Deficit/surplus
Guatemala

Mauritius
1x
Year Deficit/surplus, % of GDP
Guatemala Mauritius
2024 -0.96% -7.47%
2023 -1.25% -4.7%
2022 -1.7% -3.34%
2021 -1.16% -4.45%
2020 -4.91% -10.6%
2019 -2.24% -7.53%
2018 -1.88% -2.19%
2017 -1.38% -1.66%
2016 -1.11% -2.81%
2015 -1.47% -3.59%
2014 -1.92% -3.13%
2013 -2.16% -3.4%
2012 -2.42% -1.78%
2011 -2.8% -3.09%
2010 -3.28% -3.07%
2009 -3.12% -3.41%
2008 -1.57% -2.66%
2007 -1.4% -3.09%
2006 -1.88% -4.14%
2005 -1.67% -4.44%
2004 -1.05% -4.34%
2003 -2.47% -4.82%
2002 -1.03% -5.18%
2001 -2% -5.53%
2000 -1.88% -4.4%
1999 -2.96% -
1998 -2.29% -
1997 -0.79% -
1996 0.04% -
1995 -0.53% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/guatemala/mauritius | 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 Mauritius' deficit of $1.12B, or 7.47% of GDP.

Over the past 25 years, Guatemala recorded a fiscal deficit in 25 of those years, while Mauritius ran a deficit in 25 years. On average, Guatemala posted an annual deficit equal to 1.95% of GDP, compared to deficit of 4.19% of GDP for Mauritius.

Inflation comparison by year

Inflation
Guatemala

Mauritius
1x
Year Consumer prices inflation
Guatemala Mauritius
2024 2.87% 3.6%
2023 6.21% 7.05%
2022 6.89% 10.8%
2021 4.26% 4.03%
2020 3.21% 2.58%
2019 3.7% 0.41%
2018 3.75% 3.22%
2017 4.42% 3.67%
2016 4.45% 0.98%
2015 2.39% 1.29%
2014 3.42% 3.22%
2013 4.34% 3.54%
2012 3.78% 3.85%
2011 6.21% 6.52%
2010 3.86% 2.93%
2009 1.86% 2.52%
2008 11.4% 9.73%
2007 6.82% 8.83%
2006 6.56% 8.91%
2005 9.11% 4.94%
2004 7.58% 4.71%
2003 5.6% 3.92%
2002 8.13% 6.42%
2001 7.29% 5.39%
2000 5.98% 4.2%
1999 5.21% 6.91%
1998 6.61% 6.81%
1997 9.23% 6.83%

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

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

Over the past 28 years, Guatemala has recorded an average annual inflation rate of 5.54%, compared with 4.92% in Mauritius. In 2024, inflation was 2.87% in Guatemala and 3.6% in Mauritius.

Top exports between countries

Guatemala
Export category Export value
Raw agricultural goods $38K
Textiles & consumer goods $6K
Mauritius
Export category Export value
Textiles & consumer goods $5K

Balance of trade

Guatemala Mauritius
Current account balance
$3.27B
2024
-$1.05B
2024
Current account balance ranking
38/190
2024
126/190
2024
Current account balance, % of GDP
+2.89%
2024
-7.03%
2024
Goods imports
$29.1B
2024
$6.35B
2024
Goods exports
$13.3B
2024
$2.37B
2024
Service imports
$6.45B
2024
$2.28B
2024
Service exports
$4.65B
2024
$4.19B
2024
Imports of goods and services, % of GDP
31.5%
2024
78.3%
2024
Exports of goods and services, % of GDP
15.9%
2024
67.1%
2024

Economic freedom indices

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

Guatemala Mauritius
Economic freedom 63.5 73
Economic freedom ranking 79/197 26/197
Property rights 39.1 83.9
Government integrity 25.2 53.4
Judicial effectiveness 26.1 80.7
Tax burden 91.3 89.6
Government spending 94.3 73.8
Fiscal health 95.9 45.5
Business freedom 65.7 81.5
Labor freedom 52.5 69.6
Monetary freedom 77.3 70.7
Trade freedom 74.6 87
Investment freedom 70 70
Financial freedom 50 70

Economic freedom comparison by year

Guatemala
Mauritius
1x
Year Economic freedom index
Guatemala Mauritius
2026 63.5 73
2025 63.4 75
2024 62.4 71.5
2023 62.7 70.6
2022 63.2 70.9
2021 64 77
2020 64 74.9
2019 62.6 73
2018 63.4 75.1
2017 63 74.7
2016 61.8 74.7
2015 60.4 76.4
2014 61.2 76.5
2013 60 76.9
2012 60.9 77
2011 61.9 76.2
2010 61 76.3
2009 59.4 74.3
2008 59.8 72.6
2007 60.5 69.4
2006 59.1 67.4
2005 59.5 67.2
2004 59.6 64.3
2003 62.3 64.4
2002 62.3 67.7
2001 65.1 66.4
2000 64.3 67.2
1999 66.2 68.5
1998 65.8 -
1997 65.7 -
1996 63.7 -
1995 62 -

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

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

The Economic Freedom Index for Guatemala is 63.5, ranking 79/197, compared to 73 for Mauritius, ranking 26/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guatemala Mauritius
Services, % of GDP
61.8%
2024
64.4%
2024
Industry, % of GDP
21.7%
2024
17.8%
2024
Agriculture, forestry, and fishing, % of GDP
9.78%
2024
4.23%
2024
GNI, Atlas method
$106B
2024
$16.2B
2024
GNI per capita, PPP
$14,170
2024
$35,100
2024
Total reserves including gold
$24.4B
2024
$8.51B
2024
Total reserves ranking
57/177
2024
83/177
2024
Net foreign direct investment
-$983M
2024
$963M
2024
Net inflows of foreign direct investment
$1.85B
2024
$681M
2024
Net outflows of foreign direct investment
$865M
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI
1.75%
2024
10.1%
2024
Poverty at national poverty lines
56%
2023
8.4%
2023
Gross capital formation, % of GDP
16.7%
2024
21.2%
2024

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/mauritius | CC BY

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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 (1995–1999, 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)

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.