Military spending, per unit of GDP in Guatemala

Guatemala: Military spending, per unit of GDP was 0.0047 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0047 constant 2022 US$ per US$ of GDP
Change on year
down 2.6%
World rank
160th
of 170 countries
All-time high
0.083 constant 2022 US$ per US$ of GDP
in 1970
All-time low
0.0047 constant 2022 US$ per US$ of GDP
in 2017
Years of data
64
1960–2023

Military spending, per unit of GDP in Guatemala, 1960–2023

00.020.040.060.08196019912023

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Guatemala is 0.0047 constant 2022 US$ per US$ of GDP, measured in 2023.

Compared with earlier readings it is down 2.6% on the previous year and down 11.8% over ten years.

Over the whole period, military spending, per unit of gdp in Guatemala peaked at 0.083 constant 2022 US$ per US$ of GDP in 1970 and was at its lowest, 0.0047 constant 2022 US$ per US$ of GDP, in 2017.

Guatemala ranks 160th of 170 countries on this measure, in the bottom quarter.

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

Military spending, per unit of GDP in Guatemala, year by year

Annual values for Military spending, per unit of GDP in Guatemala, 1960 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1960 0.0735 constant 2022 US$ per US$ of GDP
1961 0.0736 constant 2022 US$ per US$ of GDP +0.1%
1962 0.0718 constant 2022 US$ per US$ of GDP -2.5%
1963 0.0694 constant 2022 US$ per US$ of GDP -3.3%
1964 0.0749 constant 2022 US$ per US$ of GDP +8.0%
1965 0.0817 constant 2022 US$ per US$ of GDP +9.1%
1966 0.075 constant 2022 US$ per US$ of GDP -8.2%
1967 0.0746 constant 2022 US$ per US$ of GDP -0.6%
1968 0.0658 constant 2022 US$ per US$ of GDP -11.8%
1969 0.0592 constant 2022 US$ per US$ of GDP -10.0%
1970 0.083 constant 2022 US$ per US$ of GDP +40.2%
1971 0.0612 constant 2022 US$ per US$ of GDP -26.2%
1972 0.061 constant 2022 US$ per US$ of GDP -0.5%
1973 0.0443 constant 2022 US$ per US$ of GDP -27.3%
1974 0.0397 constant 2022 US$ per US$ of GDP -10.4%
1975 0.0452 constant 2022 US$ per US$ of GDP +13.9%
1976 0.0437 constant 2022 US$ per US$ of GDP -3.3%
1977 0.0361 constant 2022 US$ per US$ of GDP -17.5%
1978 0.0375 constant 2022 US$ per US$ of GDP +3.9%
1979 0.0396 constant 2022 US$ per US$ of GDP +5.7%
1980 0.0354 constant 2022 US$ per US$ of GDP -10.7%
1981 0.0313 constant 2022 US$ per US$ of GDP -11.6%
1982 0.0392 constant 2022 US$ per US$ of GDP +25.5%
1983 0.0395 constant 2022 US$ per US$ of GDP +0.8%
1984 0.0384 constant 2022 US$ per US$ of GDP -2.8%
1985 0.0336 constant 2022 US$ per US$ of GDP -12.6%
1986 0.0403 constant 2022 US$ per US$ of GDP +20.2%
1987 0.0415 constant 2022 US$ per US$ of GDP +3.0%
1988 0.0364 constant 2022 US$ per US$ of GDP -12.4%
1989 0.0307 constant 2022 US$ per US$ of GDP -15.6%
1990 0.0299 constant 2022 US$ per US$ of GDP -2.7%
1991 0.0227 constant 2022 US$ per US$ of GDP -24.2%
1992 0.0235 constant 2022 US$ per US$ of GDP +3.8%
1993 0.0208 constant 2022 US$ per US$ of GDP -11.6%
1994 0.0204 constant 2022 US$ per US$ of GDP -1.9%
1995 0.0197 constant 2022 US$ per US$ of GDP -3.5%
1996 0.0184 constant 2022 US$ per US$ of GDP -6.5%
1997 0.0157 constant 2022 US$ per US$ of GDP -14.6%
1998 0.0139 constant 2022 US$ per US$ of GDP -11.8%
1999 0.0138 constant 2022 US$ per US$ of GDP -0.7%
2000 0.0133 constant 2022 US$ per US$ of GDP -3.8%
2001 0.0155 constant 2022 US$ per US$ of GDP +16.6%
2002 0.0124 constant 2022 US$ per US$ of GDP -19.7%
2003 0.0104 constant 2022 US$ per US$ of GDP -16.0%
2004 0.0076 constant 2022 US$ per US$ of GDP -27.4%
2005 0.0056 constant 2022 US$ per US$ of GDP -25.5%
2006 0.0062 constant 2022 US$ per US$ of GDP +9.7%
2007 0.006 constant 2022 US$ per US$ of GDP -2.4%
2008 0.0054 constant 2022 US$ per US$ of GDP -11.3%
2009 0.0055 constant 2022 US$ per US$ of GDP +3.3%
2010 0.005 constant 2022 US$ per US$ of GDP -10.6%
2011 0.005 constant 2022 US$ per US$ of GDP +0.3%
2012 0.0051 constant 2022 US$ per US$ of GDP +2.1%
2013 0.0054 constant 2022 US$ per US$ of GDP +6.2%
2014 0.005 constant 2022 US$ per US$ of GDP -7.3%
2015 0.0051 constant 2022 US$ per US$ of GDP +1.9%
2016 0.0048 constant 2022 US$ per US$ of GDP -4.7%
2017 0.0047 constant 2022 US$ per US$ of GDP -3.7%
2018 0.0047 constant 2022 US$ per US$ of GDP +1.6%
2019 0.0054 constant 2022 US$ per US$ of GDP +13.5%
2020 0.0056 constant 2022 US$ per US$ of GDP +3.9%
2021 0.0052 constant 2022 US$ per US$ of GDP -7.6%
2022 0.0049 constant 2022 US$ per US$ of GDP -5.7%
2023 0.0047 constant 2022 US$ per US$ of GDP -2.6%

Guatemala compared with similar countries

  • Guatemala's 0.0047 constant 2022 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 31% of the median. (49 countries reporting)
  • Guatemala's 0.0047 constant 2022 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0114 constant 2022 US$ per US$ of GDP, 42% of the median. (27 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.072 constant 2022 US$ per US$ of GDP 0.0592 constant 2022 US$ per US$ of GDP 0.0817 constant 2022 US$ per US$ of GDP 10
1970s 0.0491 constant 2022 US$ per US$ of GDP 0.0361 constant 2022 US$ per US$ of GDP 0.083 constant 2022 US$ per US$ of GDP 10
1980s 0.0366 constant 2022 US$ per US$ of GDP 0.0307 constant 2022 US$ per US$ of GDP 0.0415 constant 2022 US$ per US$ of GDP 10
1990s 0.0199 constant 2022 US$ per US$ of GDP 0.0138 constant 2022 US$ per US$ of GDP 0.0299 constant 2022 US$ per US$ of GDP 10
2000s 0.0088 constant 2022 US$ per US$ of GDP 0.0054 constant 2022 US$ per US$ of GDP 0.0155 constant 2022 US$ per US$ of GDP 10
2010s 0.005 constant 2022 US$ per US$ of GDP 0.0047 constant 2022 US$ per US$ of GDP 0.0054 constant 2022 US$ per US$ of GDP 10
2020s 0.0051 constant 2022 US$ per US$ of GDP 0.0047 constant 2022 US$ per US$ of GDP 0.0056 constant 2022 US$ per US$ of GDP 4

Countries ranked near Guatemala

  1. 157 Malta 0.0052 constant 2022 US$ per US$ of GDP compare
  2. 158 Djibouti 0.0051 constant 2022 US$ per US$ of GDP compare
  3. 159 Moldova 0.0049 constant 2022 US$ per US$ of GDP compare
  4. 161 Sierra Leone 0.0044 constant 2022 US$ per US$ of GDP compare
  5. 162 Ghana 0.004 constant 2022 US$ per US$ of GDP compare
  6. 163 Papua New Guinea 0.0038 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Guatemala

All data for Guatemala →

Frequently asked questions

What is military spending, per unit of gdp in Guatemala?
Military spending, per unit of gdp in Guatemala was 0.0047 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Guatemala?
The highest recorded value was 0.083 constant 2022 US$ per US$ of GDP in 1970.
What is the lowest military spending, per unit of gdp recorded in Guatemala?
The lowest recorded value was 0.0047 constant 2022 US$ per US$ of GDP in 2017.
How does Guatemala rank for military spending, per unit of gdp?
Guatemala ranks 160th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Guatemala?
Over the last ten years it is down 11.8%. 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, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Guatemala. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/guatemala/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

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, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.