Military spending, annual growth rate in Guatemala

Guatemala: Military spending, annual growth rate was 6.22 % change on previous year in 2023. ◆ Volatile

Latest (2023)
6.22 % change on previous year
Change on year
up 43.9%
World rank
72nd
of 172 countries
All-time high
596.31 % change on previous year
in 1924
All-time low
-73.64 % change on previous year
in 1912
Years of data
155
1869–2023

Military spending, annual growth rate in Guatemala, 1869–2023

0200400600186919462023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military spending, annual growth rate in Guatemala is 6.22 % change on previous year, measured in 2023.

That represents a change of up 43.9% on the previous year and down 53.7% over ten years.

Over the whole period, military spending, annual growth rate in Guatemala peaked at 596.31 % change on previous year in 1924 and was at its lowest, -73.64 % change on previous year, in 1912.

That places Guatemala 72nd out of 172 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Guatemala, year by year

Annual values for Military spending, annual growth rate in Guatemala, 1869 to 2023.
Year % change on previous year Change
1869 -3.97 % change on previous year
1870 20.38 % change on previous year -613.4%
1871 32.54 % change on previous year +59.6%
1872 15.76 % change on previous year -51.6%
1873 35.41 % change on previous year +124.7%
1874 0.5739 % change on previous year -98.4%
1875 2.52 % change on previous year +339.8%
1876 10.08 % change on previous year +299.5%
1877 -1.5 % change on previous year -114.9%
1878 11.89 % change on previous year -891.7%
1879 1.2 % change on previous year -89.9%
1880 -7.84 % change on previous year -755.4%
1881 -1.84 % change on previous year -76.6%
1882 2.71 % change on previous year -247.5%
1883 5.43 % change on previous year +100.5%
1884 6.26 % change on previous year +15.3%
1885 -10.01 % change on previous year -259.8%
1886 10.04 % change on previous year -200.3%
1887 -10.26 % change on previous year -202.2%
1888 3.88 % change on previous year -137.8%
1889 2.93 % change on previous year -24.5%
1890 10 % change on previous year +241.7%
1891 -0.512 % change on previous year -105.1%
1892 15.97 % change on previous year -3219.9%
1893 3 % change on previous year -81.2%
1894 14.02 % change on previous year +367.0%
1895 24.86 % change on previous year +77.3%
1896 10.76 % change on previous year -56.7%
1897 1.21 % change on previous year -88.7%
1898 4.44 % change on previous year +266.3%
1899 -1.26 % change on previous year -128.5%
1900 3.98 % change on previous year -414.5%
1901 6.77 % change on previous year +70.4%
1902 17.59 % change on previous year +159.7%
1903 -12.13 % change on previous year -168.9%
1904 -10.95 % change on previous year -9.7%
1905 -6.09 % change on previous year -44.4%
1906 -4.71 % change on previous year -22.7%
1907 1.28 % change on previous year -127.2%
1908 3.05 % change on previous year +137.8%
1909 2.84 % change on previous year -7.1%
1910 -11.07 % change on previous year -490.2%
1911 -3.1 % change on previous year -72.0%
1912 -73.64 % change on previous year +2276.0%
1913 -2.52 % change on previous year -96.6%
1914 -61.96 % change on previous year +2357.3%
1915 10.62 % change on previous year -117.1%
1916 -7.78 % change on previous year -173.2%
1917 -22.83 % change on previous year +193.4%
1918 -11.29 % change on previous year -50.5%
1919 -24.29 % change on previous year +115.1%
1920 -26.45 % change on previous year +8.9%
1921 8.3 % change on previous year -131.4%
1922 -5.97 % change on previous year -171.9%
1923 -2.59 % change on previous year -56.6%
1924 596.31 % change on previous year -23131.4%
1925 32.64 % change on previous year -94.5%
1926 28.39 % change on previous year -13.0%
1927 12.7 % change on previous year -55.3%
1928 9.54 % change on previous year -24.9%
1929 -2.72 % change on previous year -128.5%
1930 0.7557 % change on previous year -127.8%
1931 -7.26 % change on previous year -1060.7%
1932 3.11 % change on previous year -142.9%
1933 -4.62 % change on previous year -248.5%
1934 22.28 % change on previous year -581.9%
1935 4.49 % change on previous year -79.9%
1936 -1.02 % change on previous year -122.7%
1937 -1.55 % change on previous year +51.8%
1938 8.18 % change on previous year -628.8%
1939 -3.39 % change on previous year -141.4%
1940 9.79 % change on previous year -389.2%
1941 -3.44 % change on previous year -135.1%
1942 -10.63 % change on previous year +209.0%
1943 -2.6 % change on previous year -75.5%
1944 10.93 % change on previous year -520.2%
1945 24.52 % change on previous year +124.3%
1946 -6.71 % change on previous year -127.4%
1947 0.4402 % change on previous year -106.6%
1948 3.01 % change on previous year +582.8%
1949 33.52 % change on previous year +1015.2%
1950 -5.06 % change on previous year -115.1%
1951 -3.91 % change on previous year -22.6%
1952 18.04 % change on previous year -560.9%
1953 2.9 % change on previous year -84.0%
1954 9.8 % change on previous year +238.3%
1955 9.97 % change on previous year +1.8%
1956 24.62 % change on previous year +146.9%
1957 0.5871 % change on previous year -97.6%
1958 0.0835 % change on previous year -85.8%
1959 -4.66 % change on previous year -5687.9%
1960 -9.29 % change on previous year +99.2%
1961 3.26 % change on previous year -135.1%
1962 3.6 % change on previous year +10.3%
1963 6.75 % change on previous year +87.6%
1964 11.05 % change on previous year +63.8%
1965 11.83 % change on previous year +7.0%
1966 -4.13 % change on previous year -135.0%
1967 3.89 % change on previous year -194.1%
1968 -2.28 % change on previous year -158.6%
1969 -4.17 % change on previous year +82.7%
1970 55.66 % change on previous year -1435.8%
1971 -23.07 % change on previous year -141.4%
1972 5.36 % change on previous year -123.2%
1973 -11.08 % change on previous year -306.8%
1974 10.2 % change on previous year -192.0%
1975 31.35 % change on previous year +207.4%
1976 15.79 % change on previous year -49.6%
1977 3.55 % change on previous year -77.5%
1978 15.05 % change on previous year +323.5%
1979 20.2 % change on previous year +34.2%
1980 1.94 % change on previous year -90.4%
1981 -3.44 % change on previous year -277.2%
1982 27.09 % change on previous year -888.1%
1983 4.62 % change on previous year -83.0%
1984 1.71 % change on previous year -63.0%
1985 -10.32 % change on previous year -704.4%
1986 -10.6 % change on previous year +2.8%
1987 0.8865 % change on previous year -108.4%
1988 -3.02 % change on previous year -440.6%
1989 -9.43 % change on previous year +212.3%
1990 -11.51 % change on previous year +22.0%
1991 -6.75 % change on previous year -41.3%
1992 15.23 % change on previous year -325.5%
1993 -3.45 % change on previous year -122.7%
1994 11.73 % change on previous year -439.5%
1995 8.96 % change on previous year -23.6%
1996 -0.0135 % change on previous year -100.2%
1997 -3.05 % change on previous year +22467.2%
1998 -3.81 % change on previous year +24.9%
1999 -6.24 % change on previous year +63.8%
2000 1.32 % change on previous year -121.1%
2001 11.3 % change on previous year +757.6%
2002 -10.84 % change on previous year -195.9%
2003 -11.37 % change on previous year +4.8%
2004 -20.65 % change on previous year +81.7%
2005 -15.35 % change on previous year -25.7%
2006 21.86 % change on previous year -242.4%
2007 10.2 % change on previous year -53.3%
2008 1.69 % change on previous year -83.4%
2009 -0.4195 % change on previous year -124.8%
2010 -2.05 % change on previous year +387.7%
2011 15.55 % change on previous year -860.3%
2012 8.04 % change on previous year -48.3%
2013 13.44 % change on previous year +67.2%
2014 1.23 % change on previous year -90.8%
2015 9.51 % change on previous year +672.8%
2016 1.23 % change on previous year -87.0%
2017 4.49 % change on previous year +264.0%
2018 4.01 % change on previous year -10.6%
2019 19.48 % change on previous year +385.7%
2020 4.61 % change on previous year -76.3%
2021 2.74 % change on previous year -40.6%
2022 4.32 % change on previous year +57.7%
2023 6.22 % change on previous year +43.9%

Guatemala compared with similar countries

  • Guatemala's 6.22 % change on previous year is above the median for upper middle income countries, which is 5.16 % change on previous year, 1.2× the median. (49 countries reporting)
  • Guatemala's 6.22 % change on previous year is above the median for Latin America & Caribbean, which is 4.34 % change on previous year, 1.4× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Guatemala changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1924 +23131.4% -2.59 % change on previous year 596.31 % change on previous year
1997 -22467.2% -0.0135 % change on previous year -3.05 % change on previous year
1959 -5687.9% 0.0835 % change on previous year -4.66 % change on previous year
1892 +3219.9% -0.512 % change on previous year 15.97 % change on previous year
1914 -2357.3% -2.52 % change on previous year -61.96 % change on previous year
1912 -2276.0% -3.1 % change on previous year -73.64 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1860s -3.97 % change on previous year -3.97 % change on previous year -3.97 % change on previous year 1
1870s 12.89 % change on previous year -1.5 % change on previous year 35.41 % change on previous year 10
1880s 0.1296 % change on previous year -10.26 % change on previous year 10.04 % change on previous year 10
1890s 8.25 % change on previous year -1.26 % change on previous year 24.86 % change on previous year 10
1900s 0.1631 % change on previous year -12.13 % change on previous year 17.59 % change on previous year 10
1910s -20.79 % change on previous year -73.64 % change on previous year 10.62 % change on previous year 10
1920s 65.01 % change on previous year -26.45 % change on previous year 596.31 % change on previous year 10
1930s 2.1 % change on previous year -7.26 % change on previous year 22.28 % change on previous year 10
1940s 5.88 % change on previous year -10.63 % change on previous year 33.52 % change on previous year 10
1950s 5.24 % change on previous year -5.06 % change on previous year 24.62 % change on previous year 10
1960s 2.05 % change on previous year -9.29 % change on previous year 11.83 % change on previous year 10
1970s 12.3 % change on previous year -23.07 % change on previous year 55.66 % change on previous year 10
1980s -0.0561 % change on previous year -10.6 % change on previous year 27.09 % change on previous year 10
1990s 0.1096 % change on previous year -11.51 % change on previous year 15.23 % change on previous year 10
2000s -1.23 % change on previous year -20.65 % change on previous year 21.86 % change on previous year 10
2010s 7.49 % change on previous year -2.05 % change on previous year 19.48 % change on previous year 10
2020s 4.47 % change on previous year 2.74 % change on previous year 6.22 % change on previous year 4

Countries ranked near Guatemala

  1. 69 Togo 6.41 % change on previous year compare
  2. 70 Fiji 6.38 % change on previous year compare
  3. 71 Lebanon 6.37 % change on previous year compare
  4. 73 Nepal 6.07 % change on previous year compare
  5. 74 Slovakia 6.07 % change on previous year compare
  6. 75 Switzerland 6.06 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Guatemala

All data for Guatemala →

Frequently asked questions

What is military spending, annual growth rate in Guatemala?
Military spending, annual growth rate in Guatemala was 6.22 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Guatemala?
The highest recorded value was 596.31 % change on previous year in 1924.
What is the lowest military spending, annual growth rate recorded in Guatemala?
The lowest recorded value was -73.64 % change on previous year in 1912.
How does Guatemala rank for military spending, annual growth rate?
Guatemala ranks 72nd out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Guatemala?
Over the last ten years it is down 53.7%. The long-run trend across the full record is volatile.
Where does this Guatemala data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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CSV · JSON — 155 observations, free to reuse under Derived by Statizoid from the sources named on the page.

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Military spending, annual growth rate in Guatemala. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/guatemala/

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<a href="https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/guatemala/">Military spending, annual growth rate in Guatemala</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.