Guatemala's import value index (2015 = 100) was 184.2 in 2024, the latest year in the World Bank's World Development Indicators. That is up 77.8% from 103.6 in 2014 (5.92% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 184.2 | 2024 |
| Five years earlier | 112.7 | 2019 |
| Ten years earlier | 103.6 | 2014 |
| Highest | 184.2 | 2024 |
| Lowest | 59.5 | 2005 |
| Average since 2015 | 131.72 | 2015–2024 |
| First recorded | 59.5 | 2005 |
What the numbers say
In 2024, Guatemala's import value index (2015 = 100) rose 12.3 on 2023 (from 171.9 to 184.2).
Across the 18 yearly changes before that (2006 to 2023), the average change was +6.24 and a typical year strayed about 14.97 from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 47.6 in 2021 and the biggest yearly fall was 17.1 in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 10.81 a year. A straight line explains 81% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Guatemala had the 50th highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Guatemala | 184.2 | 2024 |
| World | 148.1 | 2024 |
Closest to Guatemala in the 2024 ranking
- Nepal — 48th of 204: 185.2
- Iceland — 49th of 204: 185.1
- Bulgaria — 50th of 204: 184.2
- Papua New Guinea — 52nd of 204: 183.6
- India — 53rd of 204: 182.2
- Philippines — 54th of 204: 180.4
What this measures
Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.
All 20 values
| Year | Import value index (2015 = 100) |
|---|---|
| 2024 | 184.2 |
| 2023 | 171.9 |
| 2022 | 182.1 |
| 2021 | 150.8 |
| 2020 | 103.2 |
| 2019 | 112.7 |
| 2018 | 111.7 |
| 2017 | 104.2 |
| 2016 | 96.4 |
| 2015 | 100 |
| 2014 |
Import value index (2015 = 100) in nearby economies
- Antigua and Barbuda — 210.2 (2024)
- Argentina — 100.9 (2024)
- Aruba — 119.7 (2024)
- Bahamas, The — 162 (2024)
- Barbados — 132.5 (2024)
- Belize — 144.3 (2024)
- Bolivia — 101.4 (2024)
- Brazil — 154 (2024)
- British Virgin Islands — 137.8 (2024)
- Cayman Islands — 228.6 (2024)
- Chile — 135.1 (2024)
More trade data for Guatemala
- Binding coverage, manufactured products (%) — 0% (2022)
- Tariff rate, applied, simple mean, manufactured products (%) — 3.06% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 5.02% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 1.98% (2022)
- Tariff rate, most favored nation, weighted mean, manufactured products (%) — 4.15% (2022)
- Binding coverage, all products (%) — 0% (2022)
- Tariff rate, applied, simple mean, all products (%) — 3.12% (2022)
- Tariff rate, most favored nation, simple mean, all products (%) — 5.61% (2022)
Reading data like this
Questions people ask
- What is Guatemala's import value index (2015 = 100)?
- 184.2 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 209.58% from 59.5 in 2005 (6.13% a year on average, compounded). The highest value was 184.2 in 2024 and the lowest 59.5 in 2005.
- How does Guatemala rank?
- 50th highest of 204 economies with data for 2024.
- Is the latest change in import value index (2015 = 100) unusual for Guatemala?
- In 2024, Guatemala's import value index (2015 = 100) rose 12.3 on 2023 (from 171.9 to 184.2). Across the 18 yearly changes before that (2006 to 2023), the average change was +6.24 and a typical year strayed about 14.97 from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator TM.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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