Guatemala recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2019.
Government Budget in Guatemala averaged -1.65 percent of GDP from 1990 until 2019, reaching an all time high of 0.24 percent of GDP in 1992 and a record low of -3.30 percent of GDP in 2010. This page provides - Guatemala Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala Government Budget - values, historical data and charts - was last updated on October of 2020.
Government Budget in Guatemala is expected to reach -4.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Government Budget is projected to trend around -4.00 percent of GDP in 2021 and -3.60 percent of GDP in 2022, according to our econometric models.