Palma ratio in Guatemala

Guatemala: Palma ratio was 2.45 in 2023. ▼ Falling

Latest (2023)
2.45
World rank
12th
of 120 countries
All-time high
5.73
in 1989
All-time low
2.45
in 2023
Years of data
7
1986–2023

Palma ratio in Guatemala, 1986–2023

02461986200420231986: 4.21989: 5.71998: 3.22000: 42006: 4.22014: 2.92023: 2.5

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

In 2023, palma ratio in Guatemala stood at 2.45. That is the lowest value across all 7 years on record.

The figure is down 15.8% over ten years.

Over the whole period, palma ratio in Guatemala peaked at 5.73 in 1989 and was at its lowest, 2.45, in 2023.

Guatemala ranks 12th of 120 countries on this measure, in the top 10%.

Palma ratio in Guatemala, year by year

Annual values for Palma ratio in Guatemala, 1986 to 2023.
Year Value Change
1986 4.22
1989 5.73 +35.9%
1998 3.18 -44.5%
2000 4.03 +26.5%
2006 4.23 +5.2%
2014 2.91 -31.2%
2023 2.45 -15.8%

Guatemala compared with similar countries

  • Guatemala's 2.45 is above the median for upper middle income countries, which is 1.5, 1.6× the median. (35 countries reporting)
  • Guatemala's 2.45 is above the median for Latin America & Caribbean, which is 2.37, 1.0× the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 4.97 4.22 5.73 2
1990s 3.18 3.18 3.18 1
2000s 4.13 4.03 4.23 2
2010s 2.91 2.91 2.91 1
2020s 2.45 2.45 2.45 1

Countries ranked near Guatemala

  1. 9 Ecuador 2.57 compare
  2. 10 Honduras 2.55 compare
  3. 11 Costa Rica 2.49 compare
  4. 13 Venezuela 2.4 compare
  5. 14 Paraguay 2.34 compare
  6. 15 Turkey 2.26 compare

See the full ranking of 120 places →

More reference data data for Guatemala

All data for Guatemala →

Frequently asked questions

What is palma ratio in Guatemala?
Palma ratio in Guatemala was 2.45 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Guatemala?
The highest recorded value was 5.73 in 1989.
What is the lowest palma ratio recorded in Guatemala?
The lowest recorded value was 2.45 in 2023.
How does Guatemala rank for palma ratio?
Guatemala ranks 12th out of 120 countries with data for 2023.
Is palma ratio rising or falling in Guatemala?
Over the last ten years it is down 15.8%. The long-run trend across the full record is falling.
Where does this Guatemala data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

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Palma ratio in Guatemala. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/guatemala/

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.