Colorful city in Guatemala

Guatemala Fiscal Balance

Guatemala Fiscal Balance

Fiscal Balance in Guatemala

The fiscal balance of Guatemala averaged -2.0% of GDP in the decade to 2022, above the average for Central America and Caribbean region of -3.7% of GDP. The fiscal balance in 2022 was -1.7% of GDP. For more fiscal balance information, visit our dedicated page.

Guatemala Fiscal Balance Chart

Note: This chart displays Fiscal Balance (% of GDP) for Guatemala from 2013 to 2023.
Source: World Bank.

Guatemala Fiscal Balance Data

2018 2019 2020 2021 2022
Fiscal Balance (% of GDP) -1.9 -2.2 -4.9 -1.2 -1.7
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Guatemalan fiscal balance projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Guatemalan fiscal balance.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Guatemalan fiscal balance projections.

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