Annual inflation, consumer prices in Guatemala

Guatemala: Annual inflation, consumer prices was 2.9% in 2024. ▼ Falling

Latest (2024)
2.9%
Change on year
down 53.8%
World rank
116th
of 203 countries
All-time high
11.4%
in 2008
All-time low
1.9%
in 2009
Years of data
25
2000–2024

Annual inflation, consumer prices in Guatemala, 2000–2024

246810122000201220242000: 6 %2001: 7.3 %2002: 8.1 %2003: 5.6 %2004: 7.6 %2005: 9.1 %2006: 6.6 %2007: 6.8 %2008: 11.4 %2009: 1.9 %2010: 3.9 %2011: 6.2 %2012: 3.8 %2013: 4.3 %2014: 3.4 %2015: 2.4 %2016: 4.4 %2017: 4.4 %2018: 3.8 %2019: 3.7 %2020: 3.2 %2021: 4.3 %2022: 6.9 %2023: 6.2 %2024: 2.9 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for annual inflation, consumer prices in Guatemala is 2.9%, measured in 2024.

Compared with earlier readings it is down 53.8% on the previous year and down 16.0% over ten years.

Over the whole period, annual inflation, consumer prices in Guatemala peaked at 11.4% in 2008 and was at its lowest, 1.9%, in 2009.

Guatemala ranks 116th of 203 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 25 years of available data.

Annual inflation, consumer prices in Guatemala, year by year

Annual values for Annual inflation, consumer prices (%) in Guatemala, 2000 to 2024.
Year % Change
2000 6.0% —
2001 7.3% +21.9%
2002 8.1% +11.6%
2003 5.6% -31.1%
2004 7.6% +35.2%
2005 9.1% +20.2%
2006 6.6% -28.0%
2007 6.8% +4.0%
2008 11.4% +66.5%
2009 1.9% -83.6%
2010 3.9% +107.6%
2011 6.2% +61.0%
2012 3.8% -39.1%
2013 4.3% +14.8%
2014 3.4% -21.3%
2015 2.4% -30.1%
2016 4.4% +86.2%
2017 4.4% -0.5%
2018 3.8% -15.2%
2019 3.7% -1.4%
2020 3.2% -13.1%
2021 4.3% +32.6%
2022 6.9% +61.6%
2023 6.2% -9.9%
2024 2.9% -53.8%

Guatemala compared with similar countries

  • Guatemala's 2.9% is below the median for upper middle income countries, which is 3.1%, 94% of the median. (52 countries reporting)
  • Guatemala's 2.9% is below the median for Latin America & Caribbean, which is 3.3%, 87% of the median. (34 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.0% 1.9% 11.4% 10
2010s 4.0% 2.4% 6.2% 10
2020s 4.7% 2.9% 6.9% 5

Countries ranked near Guatemala

  1. 113 Guyana 2.9% compare
  2. 114 Kuwait 2.9% compare
  3. 115 Democratic Republic of the Congo 2.9% compare
  4. 117 Togo 2.9% compare
  5. 118 Sweden 2.8% compare
  6. 119 Botswana 2.8% compare

See the full ranking of 236 places →

More development goals data for Guatemala

All data for Guatemala →

Frequently asked questions

What is annual inflation, consumer prices in Guatemala?
Annual inflation, consumer prices in Guatemala was 2.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Guatemala?
The highest recorded value was 11.4% in 2008.
What is the lowest annual inflation, consumer prices recorded in Guatemala?
The lowest recorded value was 1.9% in 2009.
How does Guatemala rank for annual inflation, consumer prices?
Guatemala ranks 116th out of 203 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in Guatemala?
Over the last ten years it is down 16.0%. The long-run trend across the full record is falling.
Where does this Guatemala data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in Guatemala. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/guatemala/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
236 places, 5,622 data points, 2000–2024
Last refreshed