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World/Forecast/Guatemala

Forecast

Guatemala — macro forecast

Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Forecast

Forward projections

Need it as JSON? GET /api/v1/forecast/country/{iso3}.

Forecast heldDerivedledger 51018ed
Real GDP growth — 2026 baseline projection
4.66

Guatemala: forward projections across 15 macro indicators, horizons 2026, 2028, 2030, 2035. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Weak track record · +5%

Nowcast

Where the data already points

Each indicator nowcast from its strongest leading series — inferable from observations already in hand.

Leading-indicator nowcastDerived

For each indicator, Guatemala's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.

GDP (current US$)

high confidence

Led by Govt debt / GDP by 3 years (it moves withthe target; r = 0.954 over 23 obs).

YearNowcastImplied by Govt debt / GDP in
202688.5bn2023 (27.2)

Latest observed3.6(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
20264.978.491.444.17 – 5.77
20285.511.61-0.613.99 – 7.01
20306.0313.92-1.863.94 – 8.13
20357.3718.52-3.793.91 – 10.82

Blended 1-yr-ahead3.1· skill-weighted across models

Track record±1.37typical miss · 1 realized · 38% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Below naive baseline · -8%

Latest observed15.56(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202615.2617.8313.0414.65 – 15.87
202814.6719.1210.8213.34 – 16.01
203014.0819.829.1112.14 – 16.03
203512.6120.725.589.43 – 15.79

Blended 1-yr-ahead15.32· skill-weighted across models

Track record±0.09typical miss · 1 realized · 1% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Strong track record · +49%

Latest observed123.3bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2026130bn136.9bn124bn126bn – 134bn
2028146.9bn158.9bn136.6bn136.1bn – 157.8bn
2030163.9bn179.3bn150.5bn145.3bn – 182.5bn
2035206.2bn228bn187.4bn163.4bn – 249bn

Blended 1-yr-ahead140.2bn· skill-weighted across models

Track record±2.3bntypical miss · 1 realized · 2% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Below naive baseline · -9%

Latest observed4.28(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20264.6612-3.682.98 – 6.34
20285.4912-8.962.45 – 8.53
20306.3212-102.23 – 10.42
20358.412-101.98 – 12

Blended 1-yr-ahead3.67· skill-weighted across models

Track record±0.66typical miss · 1 realized · 17% MAPE

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Moderate track record · +38%

Latest observed6.6k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20266.9k7.3k6.6k6.7k – 7.1k
20287.7k8.3k7.1k7.1k – 8.2k
20308.4k9.2k7.7k7.5k – 9.4k
203510.3k11.5k9.3k8.2k – 12.5k

Blended 1-yr-ahead7.3k· skill-weighted across models

Track record±86.09typical miss · 1 realized · 1% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

General government debt to GDP

Weak track record · +5%

Latest observed27.5(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202626.9230.522.7825.93 – 27.9
202827.3533.5620.1825.08 – 29.61
203027.7835.818.5224.32 – 31.23
203528.8540.1915.7622.49 – 35.21

Blended 1-yr-ahead27.65· skill-weighted across models

Track record±0.58typical miss · 1 realized · 2% MAPE

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Below naive baseline · -6%

Latest observed30.97(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202631.6538.5224.7730.09 – 33.21
202833.0144.9221.129.6 – 36.41
203034.3749.7418.9929.26 – 39.47
203537.7659.5116.0228.39 – 47.13

Blended 1-yr-ahead31.21· skill-weighted across models

Track record±1.33typical miss · 1 realized · 4% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Below naive baseline · -19%

Latest observed1.49(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20261.235.38-3.210.29 – 2.17
2028-0.76.48-5-2.34 – 0.94
2030-2.646.64-5-4.91 – -0.37
2035-58.12-5-5 – -1.29

Blended 1-yr-ahead2.8· skill-weighted across models

Track record±1.77typical miss · 1 realized · 59% MAPE

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Weak track record · +4%

Latest observed16.71(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202616.818.8615.0216.24 – 17.37
202817.1720.7214.0815.83 – 18.5
203017.5322.1213.5415.47 – 19.58
203518.4324.9212.814.55 – 22.3

Blended 1-yr-ahead16.83· skill-weighted across models

Track record±0.47typical miss · 1 realized · 3% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Strong track record · +96%

Latest observed18.7m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202618.6m19.5m17.8m18m – 19.2m
202818.9m19.8m18.1m17.5m – 20.3m
203019.2m20.1m18.4m17.1m – 21.4m
203520m21m19.1m15.9m – 24.2m

Blended 1-yr-ahead19.2m· skill-weighted across models

Track record±334.6ktypical miss · 1 realized · 2% MAPE

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Below naive baseline · -3%

Latest observed2.03(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20261.2113.01-7.65-0.29 – 2.7
2028-0.3715-10-2.98 – 2.23
2030-1.9615-10-5.41 – 1.5
2035-5.9115-10-10 – -0.3

Blended 1-yr-ahead2· skill-weighted across models

Track record±0.39typical miss · 1 realized · 19% MAPE

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Moderate track record · +29%

Latest observed30.9bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202633.3bn37.6bn29bn32.1bn – 34.5bn
202839.4bn46.9bn31.8bn36.3bn – 42.4bn
203045.4bn55.1bn35.7bn40.2bn – 50.6bn
203560.5bn74.3bn46.8bn48bn – 73.1bn

Blended 1-yr-ahead33.2bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Below naive baseline · -2%

Latest observed9.26(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20268.711.555.868.13 – 9.28
20288.0512.973.136.91 – 9.19
20307.7314.081.376.14 – 9.32
20357.4716.4604.9 – 10.04

Blended 1-yr-ahead9.6· skill-weighted across models

Track record±2typical miss · 1 realized · 22% MAPE

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Moderate track record · +28%

Latest observed32.8bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202635.4bn40.4bn30.3bn34bn – 36.7bn
202842.1bn50.8bn33.3bn38.7bn – 45.4bn
203048.8bn60.1bn37.5bn43.1bn – 54.4bn
203565.5bn81.5bn49.5bn51.9bn – 79.1bn

Blended 1-yr-ahead35.2bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Below naive baseline · -6%

Latest observed2.6(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.573.791.352.34 – 2.8
20282.54.620.392.06 – 2.95
20302.435.1601.82 – 3.05
20352.266.1201.31 – 3.22

Blended 1-yr-ahead2.6· skill-weighted across models

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.

Generated by the prediction engine (model prediction-engine-v1) on 2026-10-31 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/forecast/country/GTM · Country page → · Full brief → · API docs

202781.9bn2024 (26.3)
202884.8bn2025 (26.7)

Fit: GDP (current US$) ≈ -109779021683.782 + 7289347765.0897·Govt debt / GDP. Correlation, not causation.

Govt debt / GDP

high confidence

Led by Current account / GDP by 1 year (it moves withthe target; r = 0.893 over 26 obs).

YearNowcastImplied by Current account / GDP in
202630.292025 (4.7)

Fit: Govt debt / GDP ≈ 25.6743 + 0.9821·Current account / GDP. Correlation, not causation.

Current account / GDP

high confidence

Led by GDP (current US$) by 2 years (it moves withthe target; r = 0.832 over 46 obs).

YearNowcastImplied by GDP (current US$) in
20265.222024 (113.2bn)
20276.22025 (123.3bn)

Fit: Current account / GDP ≈ -5.7482 + 0·GDP (current US$). Correlation, not causation.

Unemployment

low confidence

Led by Govt debt / GDP by 3 years (it moves inversely tothe target; r = -0.592 over 23 obs).

YearNowcastImplied by Govt debt / GDP in
20262.572023 (27.2)
20272.622024 (26.3)
20282.62025 (26.7)

Fit: Unemployment ≈ 4.0179 + -0.0532·Govt debt / GDP. Correlation, not causation.

Machine-readable: GET /api/v1/nowcast/country/GTM?indicator= · API docs