HistoryData

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
19702024 · 25 pts

Education SpendingGuatemala

19702024

Education Spending — Guatemala
1.44% of GDP1.904% of GDP2.367% of GDP2.831% of GDP3.295% of GDP1970198019902000201020202024LowPeak
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
YearValueChange %
20243.076 % of GDP-1.06%
20233.109 % of GDP-3.09%
20223.208 % of GDP+3.75%
20213.092 % of GDP-6.16%
20203.295 % of GDP+3.19%
20193.193 % of GDP+1.95%
20183.132 % of GDP+6.17%
20172.95 % of GDP+0.17%
20162.945 % of GDP-2.81%
20153.03 % of GDP+1.47%
20142.986 % of GDP+3.39%
20132.888 % of GDP-3.89%
20123.005 % of GDP+1.21%
20112.969 % of GDP+4.21%
20102.849 % of GDP-11.99%
20083.237 % of GDP+4.83%
20073.088 % of GDP+1.81%
20063.033 % of GDP+93.93%
19961.564 % of GDP-2.55%
19951.605 % of GDP+11.46%
Show all 25 rows
YearValueChange %
19941.44 % of GDP-13.57%
19931.666 % of GDP+2.40%
19761.627 % of GDP-19.69%
19712.026 % of GDP+8.98%
19701.859 % of GDP

Related Data