Education Spending: Guatemala
Guatemala's education spending is currently 3.076 % of GDP as of 2024. # Guatemala Education Spending Guatemala allocated 3.
Current (2024)
3.076 % of GDP
-1.1% y/y
Peak (2020)
3.295 % of GDP
Low (1994)
1.44 % of GDP
Source
World Bank World Development Indicators
1970–2024 · 25 pts
Education Spending — Guatemala
1970 — 2024
Education Spending — Guatemala
Analysis# Guatemala Education Spending
Guatemala allocated 3.076% of its GDP to education in 2024, slightly below its all-time peak of 3.295% reached in 2020. The country has dramatically increased education investment over the past five decades, with spending rising 65.5% since 1970, when it stood at just 1.86% of GDP. The 1994 low of 1.44% marked the nadir of Guatemala's education commitment during that period.
Recent years reveal modest fluctuation around the 3% threshold. After climbing to the 2020 peak, spending dipped to 3.092% in 2021 before rebounding to 3.208% in 2022. The subsequent decline through 2023-2024 suggests Guatemala may be settling into a sustainable but modest range rather than pursuing further expansion. Current levels remain substantially higher than historical benchmarks, reflecting a sustained shift toward prioritizing education in national budgets.
Historical Data
25 Rows| Year | Value | Change % |
|---|---|---|
| 2024 | 3.076 % of GDP | -1.06% |
| 2023 | 3.109 % of GDP | -3.09% |
| 2022 | 3.208 % of GDP | +3.75% |
| 2021 | 3.092 % of GDP | -6.16% |
| 2020 | 3.295 % of GDP | +3.19% |
| 2019 | 3.193 % of GDP | +1.95% |
| 2018 | 3.132 % of GDP | +6.17% |
| 2017 | 2.95 % of GDP | +0.17% |
| 2016 | 2.945 % of GDP | -2.81% |
| 2015 | 3.03 % of GDP | +1.47% |
| 2014 | 2.986 % of GDP | +3.39% |
| 2013 | 2.888 % of GDP | -3.89% |
| 2012 | 3.005 % of GDP | +1.21% |
| 2011 | 2.969 % of GDP | +4.21% |
| 2010 | 2.849 % of GDP | -11.99% |
| 2008 | 3.237 % of GDP | +4.83% |
| 2007 | 3.088 % of GDP | +1.81% |
| 2006 | 3.033 % of GDP | +93.93% |
| 1996 | 1.564 % of GDP | -2.55% |
| 1995 | 1.605 % of GDP | +11.46% |
Show all 25 rows
| Year | Value | Change % |
|---|---|---|
| 1994 | 1.44 % of GDP | -13.57% |
| 1993 | 1.666 % of GDP | +2.40% |
| 1976 | 1.627 % of GDP | -19.69% |
| 1971 | 2.026 % of GDP | +8.98% |
| 1970 | 1.859 % of GDP | — |
Related Data
Other Metrics
For Guatemala
Compare Education Spending
Same metric, other countries
Demographics
People & population data