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Economy of Guatemala vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Guatemala has a GDP of $113B compared to $14.2B for Tajikistan, ranking 68/197 and 145/197 by economy size, respectively.

Guatemala has $29.8B in government debt (26.3% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Guatemala vs Tajikistan GDP by year

Guatemala
Tajikistan
1x
Year GDP, current $
Guatemala Tajikistan
2024 $113,199,581,158 $14,204,575,549
2023 $104,368,755,055 $12,244,169,293
2022 $95,641,446,501 $10,713,525,200
2021 $86,455,522,273 $8,937,805,347
2020 $77,719,468,248 $8,133,963,551
2019 $77,172,331,693 $8,300,813,599
2018 $73,328,356,008 $7,764,999,999
2017 $71,653,780,740 $7,536,402,853
2016 $66,053,408,206 $6,992,416,097
2015 $62,186,066,548 $8,271,431,485
2014 $57,852,159,008 $9,112,605,459
2013 $52,996,420,177 $8,448,411,318
2012 $49,593,929,487 $7,633,036,903
2011 $46,876,006,272 $6,522,756,255
2010 $40,676,578,423 $5,642,221,099
2009 $37,126,148,265 $4,979,472,364
2008 $38,503,720,224 $5,161,299,725
2007 $33,567,850,824 $3,719,524,541
2006 $29,744,246,827 $2,830,213,849
2005 $26,783,389,294 $2,312,352,021
2004 $23,577,298,095 $2,076,176,869
2003 $21,576,351,799 $1,555,318,261
2002 $20,444,205,991 $1,221,106,220
2001 $18,405,220,247 $1,080,772,551
2000 $19,288,929,030 $860,541,842
1999 $18,318,412,251 $1,086,612,290
1998 $19,395,491,993 $1,320,199,582
1997 $17,790,026,222 $921,518,033
1996 $15,674,835,615 $1,043,654,822
1995 $14,655,404,433 $1,231,561,860
1994 $12,983,233,311 $1,522,001,206
1993 $11,400,017,301 $1,646,623,195
1992 $10,440,781,588 $1,908,554,572
1991 $9,406,135,143 $2,536,585,366
1990 $7,650,196,845 $2,629,395,066
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Guatemala vs Tajikistan by year

Guatemala
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guatemala Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,150 $14,369 $1,341 $5,406
2023 $5,758 $13,745 $1,178 $4,964
2022 $5,359 $13,014 $1,052 $4,514
2021 $4,913 $11,825 $897 $3,986
2020 $4,478 $10,947 $834 $3,654
2019 $4,512 $10,756 $871 $3,460
2018 $4,353 $9,947 $834 $3,069
2017 $4,325 $9,560 $829 $3,017
2016 $4,060 $9,201 $789 $2,914
2015 $3,894 $8,934 $957 $2,975
2014 $3,689 $8,237 $1,082 $3,152
2013 $3,444 $7,700 $1,028 $2,919
2012 $3,287 $7,258 $952 $2,679
2011 $3,169 $6,784 $834 $2,456
2010 $2,805 $6,510 $737 $2,291
2009 $2,612 $6,377 $665 $2,171
2008 $2,763 $6,435 $703 $2,120
2007 $2,459 $6,238 $517 $1,966
2006 $2,225 $5,833 $401 $1,810
2005 $2,046 $5,486 $334 $1,673
2004 $1,841 $5,263 $306 $1,550
2003 $1,723 $5,081 $233.6 $1,396
2002 $1,669 $4,969 $187 $1,257
2001 $1,538 $4,822 $168.7 $1,139
2000 $1,649 $4,715 $136.9 $1,036
1999 $1,604 $4,557 $175 $947
1998 $1,741 $4,437 $213.7 $905
1997 $1,638 $4,287 $150.1 $855
1996 $1,481 $4,143 $172 $836
1995 $1,421 $4,055 $207 $1,006
1994 $1,293 $3,886 $261.3 $1,148
1993 $1,166 $3,756 $287.6 $1,454
1992 $1,096 $3,626 $338 $1,721
1991 $1,014 $3,473 $458 $2,417
1990 $848 $3,330 $487 $2,583
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 (1960–2024, retrieved 2026-04-06).

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

Guatemala's GDP per capita is $6,150, ranking 112/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Guatemala ranks 116th at $14,369, while Tajikistan ranks 157th at $5,406.

Economic indicators

Guatemala Tajikistan
Gross domestic product
$113B
2024
$14.2B
2024
GDP rank
68/197
2024
145/197
2024
GDP growth
3.65%
2023-2024
8.4%
2023-2024
GDP per capita
$6,150
2024
$1,341
2024
GDP per capita rank
112/197
2024
166/197
2024
GDP per capita, PPP
$14,369
2024
$5,406
2024
GDP per capita PPP rank
116/197
2024
157/197
2024
Government debt
$29.8B
2024
$3.54B
2024
Debt-to-GDP ratio
26.3%
2024
24.9%
2024
Government debt per person
$1,619
2024
$335
2024
Government debt per person rank
124/185
2024
175/185
2024
Average annual personal income after taxes
$4,917
2026
$2,591
2026
Income share by richest 10%
34.1%
2023
28.2%
2024
Income share by poorest 10%
1.6%
2023
2.9%
2024
Government expenditure, % of GDP
13.4%
2024
27.7%
2024
Consumer prices inflation
2.87%
2023-2024
3.5%
2023-2024
Central bank interest rate
4%
2025
7.75%
2025
Unemployment rate
1.9%
2024
0.08%
2016
Population
19049936
11038274

Spending and national debt comparison by year

Guatemala
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Guatemala Tajikistan
Government spending Government debt Government spending Government debt
2024 13.4% 26.3% 27.7% 24.9%
2023 13.7% 27.2% 28% 29.9%
2022 14.3% 29% 27.4% 31.8%
2021 13.5% 30.6% 27.6% 42%
2020 15.6% 31.5% 29.2% 50.9%
2019 13.4% 26.4% 28.8% 43.2%
2018 13.2% 26.4% 30.9% 46.3%
2017 12.8% 25.1% 33.8% 46.3%
2016 12.6% 24.9% 32.7% 42.2%
2015 12.6% 24.8% 31.9% 35%
2014 13.6% 24.7% 27.5% 27.9%
2013 14% 25% 27.7% 29.3%
2012 14.2% 24.6% 24.7% 32.5%
2011 14.5% 23.8% 24.3% 35.5%
2010 14.5% 24% 25.9% 36.8%
2009 14.1% 22.8% 23.6% 36.9%
2008 13.3% 19.6% 20.2% 30.2%
2007 13.9% 20.8% 20.3% 34.3%
2006 14.2% 20.9% 21.6% 36.8%
2005 13.2% 20% 22.9% 45.8%
2004 12.9% 20.6% 20.2% 49.4%
2003 14.4% 19.8% 19.1% 69.8%
2002 13.1% 17.4% 19.1% 98.3%
2001 13.8% 19.1% 17.3% 99.4%
2000 13.6% 18% 18.1% 111.4%
1999 14.6% 22% 17.5% 107.8%
1998 13.2% 19% 17.1% 96.6%
1997 11.2% 18.5% - -
1996 9.85% 19.2% - -
1995 9.77% 21% - -

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

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

In 2024, Guatemala's government spending was $15.1B, accounting for 13.4% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 26.3% in Guatemala and 24.9% in Tajikistan, ranking 161/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Guatemala

Tajikistan
1x
Year Deficit/surplus, % of GDP
Guatemala Tajikistan
2024 -0.96% 0.28%
2023 -1.25% -0.93%
2022 -1.7% -0.23%
2021 -1.16% -0.64%
2020 -4.91% -4.34%
2019 -2.24% -2.04%
2018 -1.88% -2.69%
2017 -1.38% -5.65%
2016 -1.11% -2.91%
2015 -1.47% -1.96%
2014 -1.92% 0.92%
2013 -2.16% -0.73%
2012 -2.42% 0.41%
2011 -2.8% 0.6%
2010 -3.28% -2.71%
2009 -3.12% -0.2%
2008 -1.57% 1.94%
2007 -1.4% 2.13%
2006 -1.88% 2%
2005 -1.67% -2.83%
2004 -1.05% -2.32%
2003 -2.47% -1.74%
2002 -1.03% -2.4%
2001 -2% -2.11%
2000 -1.88% -4.51%
1999 -2.96% -4.03%
1998 -2.29% -5.09%
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/tajikistan | 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 Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, Guatemala recorded a fiscal deficit in 27 of those years, while Tajikistan ran a deficit in 20 years. On average, Guatemala posted an annual deficit equal to 2% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Guatemala

Tajikistan
1x
Year Consumer prices inflation
Guatemala Tajikistan
2024 2.87% 3.5%
2023 6.21% 3.7%
2022 6.89% 6.6%
2021 4.26% 9%
2020 3.21% 8.6%
2019 3.7% 7.8%
2018 3.75% 3.8%
2017 4.42% 7.3%
2016 4.45% 5.9%
2015 2.39% 5.8%
2014 3.42% 6.1%
2013 4.34% 5%
2012 3.78% 5.8%
2011 6.21% 12.4%
2010 3.86% 6.5%
2009 1.86% 6.4%
2008 11.4% 20.4%
2007 6.82% 13.2%
2006 6.56% 10%
2005 9.11% 7.3%
2004 7.58% 7.2%
2003 5.6% 16.4%
2002 8.13% 12.2%
2001 7.29% 38.6%
2000 5.98% 32.9%
1999 5.21% 27.5%
1998 6.61% 43.2%
1997 9.23% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Guatemala has recorded an average annual inflation rate of 5.54%, compared with 15% in Tajikistan. In 2024, inflation was 2.87% in Guatemala and 3.5% in Tajikistan.

Balance of trade

Guatemala Tajikistan
Current account balance
$3.27B
2024
$887M
2024
Current account balance ranking
38/190
2024
54/190
2024
Current account balance, % of GDP
+2.89%
2024
+6.24%
2024
Goods imports
$29.1B
2024
$5.94B
2024
Goods exports
$13.3B
2024
$1.42B
2024
Service imports
$6.45B
2024
$971M
2024
Service exports
$4.65B
2024
$195M
2024
Imports of goods and services, % of GDP
31.5%
2024
48.4%
2023
Exports of goods and services, % of GDP
15.9%
2024
17.2%
2023

Economic freedom indices

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

Guatemala Tajikistan
Economic freedom 63.5 52.5
Economic freedom ranking 79/197 147/197
Property rights 39.1 28.4
Government integrity 25.2 18.5
Judicial effectiveness 26.1 10.1
Tax burden 91.3 94.2
Government spending 94.3 77
Fiscal health 95.9 98.6
Business freedom 65.7 60.6
Labor freedom 52.5 43.4
Monetary freedom 77.3 72.6
Trade freedom 74.6 72.2
Investment freedom 70 25
Financial freedom 50 30

Economic freedom comparison by year

Guatemala
Tajikistan
1x
Year Economic freedom index
Guatemala Tajikistan
2026 63.5 52.5
2025 63.4 51.5
2024 62.4 51.3
2023 62.7 50.6
2022 63.2 49.7
2021 64 55.2
2020 64 52.2
2019 62.6 55.6
2018 63.4 58.3
2017 63 58.2
2016 61.8 51.3
2015 60.4 52.7
2014 61.2 52
2013 60 53.4
2012 60.9 53.4
2011 61.9 53.5
2010 61 53
2009 59.4 54.6
2008 59.8 54.4
2007 60.5 53.6
2006 59.1 52.6
2005 59.5 50.4
2004 59.6 48.7
2003 62.3 46.5
2002 62.3 47.3
2001 65.1 46.8
2000 64.3 44.8
1999 66.2 41.2
1998 65.8 41.1
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/tajikistan | CC BY

The Economic Freedom Index for Guatemala is 63.5, ranking 79/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guatemala Tajikistan
Services, % of GDP
61.8%
2024
34.7%
2023
Industry, % of GDP
21.7%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
9.78%
2024
22.9%
2023
GNI, Atlas method
$106B
2024
$17.5B
2024
GNI per capita, PPP
$14,170
2024
$7,100
2024
Total reserves including gold
$24.4B
2024
$3.3B
2023
Total reserves ranking
57/177
2024
117/177
2023
Net foreign direct investment
-$983M
2024
-$190M
2024
Net inflows of foreign direct investment
$1.85B
2024
$291M
2024
Net outflows of foreign direct investment
$865M
2024
$101M
2024
Servicing debt to the IMF, % of GNI
1.75%
2024
3.07%
2024
Poverty at national poverty lines
56%
2023
19.8%
2024
Gross capital formation, % of GDP
16.7%
2024
31.7%
2023

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/tajikistan | 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 (1995–2024, 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.