Guatemala: Taxes on exports (current LCU)

Key figures

Over five years it is up 548.35% from 1,079 in 2019 (45.33% a year on average, compounded). Since 1990 it is down 99.85% from 4.63 million in 1990 (17.39% a year on average, compounded). The World Bank has no value for 14 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, Guatemala's taxes on exports (current LCU) rose 346.6% on 2023 (from 1,566 to 6,994).

Across the 16 yearly changes before that (1991 to 2023), the average change was +62.9% and a typical year strayed about 288.4% from that (the standard deviation). This year's change was 1.0 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 1,124% in 2023 and the biggest yearly fall was 98.9% in 1993. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2024 there is no clear straight-line trend: a straight line explains 19% of the movement over 8 observed years, so the value is moving around more than it is heading anywhere.

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 25th highest value of the 25 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.

Closest to Guatemala in the 2024 ranking

• Ethiopia — 22nd of 25: 4.68 million
• Azerbaijan — 23rd of 25: 2.18 million
• Mexico — 24th of 25: 483,863

What this measures

Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 21 values

Taxes on exports (current LCU) in nearby economies

• Argentina — 5.69 trillion (2024)
• Bahamas, The — 246.54 million (2024)
• Brazil — 5.84 million (2024)
• Costa Rica — 10.93 billion (2024)
• Dominican Republic — 7.66 million (2015)
• Mexico — 483,863 (2024)

More public sector data for Guatemala

• Military expenditure (current USD) — 632.87 million (2025)
• Military expenditure (current LCU) — 4.86 billion (2025)
• Military expenditure (% of GDP) — 0.52% (2025)
• Arms imports (SIPRI trend indicator values) — 6 million (2023)
• Net investment in nonfinancial assets (current LCU) — 2.9 billion (2024)
• Net investment in nonfinancial assets (% of GDP) — 0.33% (2024)
• Net lending (+) / net borrowing (-) (current LCU) — -7.93 billion (2024)
• Net lending (+) / net borrowing (-) (% of GDP) — -0.9% (2024)
• Grants and other revenue (current LCU) — 3.46 billion (2024)

Reading data like this

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Questions people ask

What is Guatemala's taxes on exports (current LCU)?

6,994 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is down 99.85% from 4.63 million in 1990 (17.39% a year on average, compounded). The highest value was 4.63 million in 1990 and the lowest 127.95 in 2022.

How does Guatemala rank?

25th highest of 25 economies with data for 2024.

Is the latest change in taxes on exports (current LCU) unusual for Guatemala?

In 2024, Guatemala's taxes on exports (current LCU) rose 346.6% on 2023 (from 1,566 to 6,994). Across the 16 yearly changes before that (1991 to 2023), the average change was +62.9% and a typical year strayed about 288.4% from that (the standard deviation). This year's change was 1.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator GC.TAX.EXPT.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) 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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