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[Budget] 2024 Guatemala Budget
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CORE BUDGET
- GDP $91,390,000,000.00
- Population 18,922,135
- GDP per Capita $4,829.00
- GDP Growth 9%
- Expenditure $10,835,347,000.00
- Expenditure %GDP 11.86%
- Spending Deficit 1.20%
- Government Revenue 9,739,747,000
- Government Debt to GDP 29.95%
- Debt $27,371,305,000.00
- GICRA Credit Rating BB-
- Interest Rates 5%
- Population Growth 1.50%
DEPARTMENT SPENDING
Sector | Percent of Budget | Money Allocated | Percent of GDP
- General Defense 3.5% $379,237,145.00 0.41%
- Research and Procurement 1.50% $162,530,205.00 0.18%
- Social Security and Welfare 8.00% $866,827,760.00 0.95%
- Health Care 8.00% $866,827,760.00 0.95%
- Law Enforcement and Security 12.00% $1,300,241,640.00 1.42%
- Education 10.00% $1,083,534,700.00 1.19%
- Infrastructure and Transportation 11.00% $1,191,888,170.00 1.30%
- Government 5.00% $541,767,350.00 0.59%
- Science and Technology 4.00% $433,413,880.00 0.47%
- Investment Subsidies 3.00% $325,060,410.00 1.19%
- Food and Agriculture 15.00% $1,625,302,050.00 1.78%
- Foreign Aid 0.00% $0.00 0.00%
- Electricity Sector 9.00% $975,181,230.00 1.07%
- Environmental Sector 5.00% $541,767,350.00 0.59%
- Debt Interest 5.00% $541,767,350.00 0.59%
TOTAL 100.0% $10,835,347,000.00 11.86%
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