Military spending gmsd in Guatemala

Guatemala: Military spending gmsd was 494.92 million in 2023. ◆ Volatile

Latest (2023)
494.92 million
Change on year
up 6.2%
World rank
114th
of 172 countries
All-time high
494.92 million
in 2023
All-time low
1.89 million
in 1923
Years of data
156
1868–2023

Military spending gmsd in Guatemala, 1868–2023

0100.0M200.0M300.0M400.0M500.0M186819452023

Source: Our World in Data.

Analysis

The most recent figure for military spending gmsd in Guatemala is 494.92 million, measured in 2023. That is the highest value across all 156 years on record.

Compared with earlier readings it is up 6.2% on the previous year and up 73.5% over ten years.

Over the whole period, military spending gmsd in Guatemala peaked at 494.92 million in 2023 and was at its lowest, 1.89 million, in 1923.

Guatemala ranks 114th of 172 countries on this measure, in the middle of the range.

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

Military spending gmsd in Guatemala, year by year

Annual values for Military spending gmsd in Guatemala, 1868 to 2023.
Year Value Change
1868 9.16 million —
1869 8.80 million -4.0%
1870 10.59 million +20.4%
1871 14.04 million +32.5%
1872 16.25 million +15.8%
1873 22.01 million +35.4%
1874 22.13 million +0.6%
1875 22.69 million +2.5%
1876 24.98 million +10.1%
1877 24.61 million -1.5%
1878 27.53 million +11.9%
1879 27.86 million +1.2%
1880 25.68 million -7.8%
1881 25.21 million -1.8%
1882 25.89 million +2.7%
1883 27.29 million +5.4%
1884 29.00 million +6.3%
1885 26.10 million -10.0%
1886 28.72 million +10.0%
1887 25.77 million -10.3%
1888 26.77 million +3.9%
1889 27.56 million +2.9%
1890 30.31 million +10.0%
1891 30.16 million -0.5%
1892 34.97 million +16.0%
1893 36.02 million +3.0%
1894 41.07 million +14.0%
1895 51.29 million +24.9%
1896 56.80 million +10.8%
1897 57.49 million +1.2%
1898 60.04 million +4.4%
1899 59.28 million -1.3%
1900 61.64 million +4.0%
1901 65.82 million +6.8%
1902 77.39 million +17.6%
1903 68.01 million -12.1%
1904 60.56 million -11.0%
1905 56.87 million -6.1%
1906 54.19 million -4.7%
1907 54.89 million +1.3%
1908 56.56 million +3.1%
1909 58.17 million +2.8%
1910 51.73 million -11.1%
1911 50.13 million -3.1%
1912 13.21 million -73.6%
1913 12.88 million -2.5%
1914 4.90 million -62.0%
1915 5.42 million +10.6%
1916 5.00 million -7.8%
1917 3.86 million -22.8%
1918 3.42 million -11.3%
1919 2.59 million -24.3%
1920 1.91 million -26.4%
1921 2.06 million +8.3%
1922 1.94 million -6.0%
1923 1.89 million -2.6%
1924 13.16 million +596.3%
1925 17.46 million +32.6%
1926 22.41 million +28.4%
1927 25.26 million +12.7%
1928 27.67 million +9.5%
1929 26.92 million -2.7%
1930 27.12 million +0.8%
1931 25.15 million -7.3%
1932 25.93 million +3.1%
1933 24.74 million -4.6%
1934 30.25 million +22.3%
1935 31.60 million +4.5%
1936 31.28 million -1.0%
1937 30.80 million -1.5%
1938 33.32 million +8.2%
1939 32.19 million -3.4%
1940 35.34 million +9.8%
1941 34.13 million -3.4%
1942 30.50 million -10.6%
1943 29.70 million -2.6%
1944 32.95 million +10.9%
1945 41.03 million +24.5%
1946 38.28 million -6.7%
1947 38.45 million +0.4%
1948 39.60 million +3.0%
1949 52.88 million +33.5%
1950 50.20 million -5.1%
1951 48.24 million -3.9%
1952 56.94 million +18.0%
1953 58.59 million +2.9%
1954 64.33 million +9.8%
1955 70.74 million +10.0%
1956 88.15 million +24.6%
1957 88.67 million +0.6%
1958 88.74 million +0.1%
1959 84.61 million -4.7%
1960 76.75 million -9.3%
1961 79.25 million +3.3%
1962 82.10 million +3.6%
1963 87.64 million +6.7%
1964 97.33 million +11.1%
1965 108.84 million +11.8%
1966 104.34 million -4.1%
1967 108.40 million +3.9%
1968 105.93 million -2.3%
1969 101.51 million -4.2%
1970 158.02 million +55.7%
1971 121.56 million -23.1%
1972 128.07 million +5.4%
1973 113.88 million -11.1%
1974 125.49 million +10.2%
1975 164.84 million +31.4%
1976 190.86 million +15.8%
1977 197.64 million +3.6%
1978 227.38 million +15.0%
1979 273.31 million +20.2%
1980 278.61 million +1.9%
1981 269.03 million -3.4%
1982 341.92 million +27.1%
1983 357.71 million +4.6%
1984 363.82 million +1.7%
1985 326.29 million -10.3%
1986 291.69 million -10.6%
1987 294.28 million +0.9%
1988 285.39 million -3.0%
1989 258.48 million -9.4%
1990 228.73 million -11.5%
1991 213.28 million -6.8%
1992 245.76 million +15.2%
1993 237.27 million -3.5%
1994 265.10 million +11.7%
1995 288.85 million +9.0%
1996 288.81 million -0.0%
1997 280.01 million -3.0%
1998 269.36 million -3.8%
1999 252.56 million -6.2%
2000 255.89 million +1.3%
2001 284.81 million +11.3%
2002 253.93 million -10.8%
2003 225.07 million -11.4%
2004 178.58 million -20.7%
2005 151.17 million -15.3%
2006 184.22 million +21.9%
2007 203.02 million +10.2%
2008 206.45 million +1.7%
2009 205.58 million -0.4%
2010 201.38 million -2.0%
2011 232.70 million +15.6%
2012 251.40 million +8.0%
2013 285.18 million +13.4%
2014 288.69 million +1.2%
2015 316.13 million +9.5%
2016 320.03 million +1.2%
2017 334.38 million +4.5%
2018 347.80 million +4.0%
2019 415.54 million +19.5%
2020 434.70 million +4.6%
2021 446.62 million +2.7%
2022 465.93 million +4.3%
2023 494.92 million +6.2%

Guatemala compared with similar countries

  • Guatemala's 494.92 million is below the median for upper middle income countries, which is 1.25 billion, 40% of the median. (49 countries reporting)
  • Guatemala's 494.92 million is below the median for Latin America & Caribbean, which is 509.92 million, 97% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd 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 +596.3% 1.89 million 13.16 million
1912 -73.6% 50.13 million 13.21 million
1914 -62.0% 12.88 million 4.90 million

Averages by decade

DecadeAverage LowestHighest Years
1860s 8.98 million 8.80 million 9.16 million 2
1870s 21.27 million 10.59 million 27.86 million 10
1880s 26.80 million 25.21 million 29.00 million 10
1890s 45.74 million 30.16 million 60.04 million 10
1900s 61.41 million 54.19 million 77.39 million 10
1910s 15.31 million 2.59 million 51.73 million 10
1920s 14.07 million 1.89 million 27.67 million 10
1930s 29.24 million 24.74 million 33.32 million 10
1940s 37.29 million 29.70 million 52.88 million 10
1950s 69.92 million 48.24 million 88.74 million 10
1960s 95.21 million 76.75 million 108.84 million 10
1970s 170.10 million 113.88 million 273.31 million 10
1980s 306.72 million 258.48 million 363.82 million 10
1990s 256.97 million 213.28 million 288.85 million 10
2000s 214.87 million 151.17 million 284.81 million 10
2010s 299.32 million 201.38 million 415.54 million 10
2020s 460.54 million 434.70 million 494.92 million 4

Countries ranked near Guatemala

  1. 111 El Salvador 509.92 million compare
  2. 112 Guinea 507.79 million compare
  3. 113 Georgia 498.02 million compare
  4. 115 Paraguay 476.41 million compare
  5. 116 Namibia 463.26 million compare
  6. 117 Kyrgyzstan 439.89 million 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 gmsd in Guatemala?
Military spending gmsd in Guatemala was 494.92 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Guatemala?
The highest recorded value was 494.92 million in 2023.
What is the lowest military spending gmsd recorded in Guatemala?
The lowest recorded value was 1.89 million in 1923.
How does Guatemala rank for military spending gmsd?
Guatemala ranks 114th out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Guatemala?
Over the last ten years it is up 73.5%. The long-run trend across the full record is volatile.
Where does this Guatemala data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Guatemala. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/guatemala/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed