Military spending per armed forces personnel in Guatemala

Guatemala: Military spending per armed forces personnel was 9,659 constant 2024 US$ in 2020. ▼ Falling

Latest (2020)
9,659 constant 2024 US$
Change on year
up 0.4%
World rank
125th
of 160 countries
All-time high
24,067 constant 2024 US$
in 1985
All-time low
5,158 constant 2024 US$
in 2005
Years of data
33
1985–2020

Military spending per armed forces personnel in Guatemala, 1985–2020

5.0k10.0k15.0k20.0k25.0k1985200220201985: 24.1k constant 2024 US$1989: 17.8k constant 2024 US$1990: 17.5k constant 2024 US$1991: 13.3k constant 2024 US$1992: 15.6k constant 2024 US$1993: 14.3k constant 2024 US$1994: 18.1k constant 2024 US$1995: 10.5k constant 2024 US$1996: 8.8k constant 2024 US$1997: 8.4k constant 2024 US$1998: 10.8k constant 2024 US$1999: 10.6k constant 2024 US$2000: 10.3k constant 2024 US$2001: 12.8k constant 2024 US$2002: 9.5k constant 2024 US$2003: 10.3k constant 2024 US$2004: 6.4k constant 2024 US$2005: 5.2k constant 2024 US$2006: 8.3k constant 2024 US$2007: 8.1k constant 2024 US$2008: 8.8k constant 2024 US$2009: 8.5k constant 2024 US$2010: 9.3k constant 2024 US$2011: 7.9k constant 2024 US$2012: 8.7k constant 2024 US$2013: 9.3k constant 2024 US$2014: 8.6k constant 2024 US$2015: 8.5k constant 2024 US$2016: 9.3k constant 2024 US$2017: 8.2k constant 2024 US$2018: 8.0k constant 2024 US$2019: 9.6k constant 2024 US$2020: 9.7k constant 2024 US$

Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.

Analysis

In 2020, military spending per armed forces personnel in Guatemala stood at 9,659 constant 2024 US$.

That represents a change of up 0.4% on the previous year and up 4.3% over ten years.

Over the whole period, military spending per armed forces personnel in Guatemala peaked at 24,067 constant 2024 US$ in 1985 and was at its lowest, 5,158 constant 2024 US$, in 2005.

Guatemala ranks 125th of 160 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 33 years of available data.

Military spending per armed forces personnel in Guatemala, year by year

Annual values for Military spending per armed forces personnel in Guatemala, 1985 to 2020.
Year constant 2024 US$ Change
1985 24,067 constant 2024 US$
1989 17,779 constant 2024 US$ -26.1%
1990 17,483 constant 2024 US$ -1.7%
1991 13,284 constant 2024 US$ -24.0%
1992 15,631 constant 2024 US$ +17.7%
1993 14,313 constant 2024 US$ -8.4%
1994 18,063 constant 2024 US$ +26.2%
1995 10,483 constant 2024 US$ -42.0%
1996 8,774 constant 2024 US$ -16.3%
1997 8,420 constant 2024 US$ -4.0%
1998 10,801 constant 2024 US$ +28.3%
1999 10,572 constant 2024 US$ -2.1%
2000 10,341 constant 2024 US$ -2.2%
2001 12,766 constant 2024 US$ +23.5%
2002 9,457 constant 2024 US$ -25.9%
2003 10,263 constant 2024 US$ +8.5%
2004 6,442 constant 2024 US$ -37.2%
2005 5,158 constant 2024 US$ -19.9%
2006 8,261 constant 2024 US$ +60.2%
2007 8,127 constant 2024 US$ -1.6%
2008 8,807 constant 2024 US$ +8.4%
2009 8,455 constant 2024 US$ -4.0%
2010 9,258 constant 2024 US$ +9.5%
2011 7,920 constant 2024 US$ -14.5%
2012 8,726 constant 2024 US$ +10.2%
2013 9,337 constant 2024 US$ +7.0%
2014 8,588 constant 2024 US$ -8.0%
2015 8,532 constant 2024 US$ -0.6%
2016 9,348 constant 2024 US$ +9.6%
2017 8,191 constant 2024 US$ -12.4%
2018 8,013 constant 2024 US$ -2.2%
2019 9,622 constant 2024 US$ +20.1%
2020 9,659 constant 2024 US$ +0.4%

Guatemala compared with similar countries

  • Guatemala's 9,659 constant 2024 US$ is below the median for upper middle income countries, which is 19,504 constant 2024 US$, 50% of the median. (46 countries reporting)
  • Guatemala's 9,659 constant 2024 US$ is below the median for Latin America & Caribbean, which is 23,332 constant 2024 US$, 41% of the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 20,923 constant 2024 US$ 17,779 constant 2024 US$ 24,067 constant 2024 US$ 2
1990s 12,782 constant 2024 US$ 8,420 constant 2024 US$ 18,063 constant 2024 US$ 10
2000s 8,808 constant 2024 US$ 5,158 constant 2024 US$ 12,766 constant 2024 US$ 10
2010s 8,754 constant 2024 US$ 7,920 constant 2024 US$ 9,622 constant 2024 US$ 10
2020s 9,659 constant 2024 US$ 9,659 constant 2024 US$ 9,659 constant 2024 US$ 1

Countries ranked near Guatemala

  1. 122 Iran 10,059 constant 2024 US$ compare
  2. 123 Dominican Republic 10,026 constant 2024 US$ compare
  3. 124 Turkmenistan 9,904 constant 2024 US$ compare
  4. 126 El Salvador 9,530 constant 2024 US$ compare
  5. 127 Liberia 8,915 constant 2024 US$ compare
  6. 128 Somalia 8,776 constant 2024 US$ compare

See the full ranking of 160 places →

More reference data data for Guatemala

All data for Guatemala →

Frequently asked questions

What is military spending per armed forces personnel in Guatemala?
Military spending per armed forces personnel in Guatemala was 9,659 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
What is the highest military spending per armed forces personnel recorded in Guatemala?
The highest recorded value was 24,067 constant 2024 US$ in 1985.
What is the lowest military spending per armed forces personnel recorded in Guatemala?
The lowest recorded value was 5,158 constant 2024 US$ in 2005.
How does Guatemala rank for military spending per armed forces personnel?
Guatemala ranks 125th out of 160 countries with data for 2020.
Is military spending per armed forces personnel rising or falling in Guatemala?
Over the last ten years it is up 4.3%. The long-run trend across the full record is falling.
Where does this Guatemala data come from?
The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.

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Military spending per armed forces personnel in Guatemala. Statizoid, drawing on Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/military-spending-per-armed-forces-personnel/guatemala/

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About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.