Argentina and Guatemala
Argentina and Guatemala use political consultations to organise technical cooperation, diplomatic training and regional affairs. A project for Guatemala’s dairy sector and migration coordination feature among specific work areas.
Analysis reviewed: 2026-10-08 · Indicators updated: 2026-10-08What merchandise trade shows
In 2025, goods trade between Argentina and Guatemala totalled 326.7 million current USD.
Documented trade sectors
Within the selected chapters, vehicles and components stands out in shipments from Argentina to Guatemala, at 128.2 million USD in 2025.
Bilateral indicators
Blank cells: data unavailable.
| Indicator | Value | Period |
|---|---|---|
| Goods trade | 326.72 M USD | 2025 · Comtrade |
| Goods: Argentina to Guatemala | 320.33 M USD | 2025 · Comtrade |
| Goods: Guatemala to Argentina | 6.39 M USD | 2025 · Comtrade |
| Services trade | ||
| Export share: Argentina to Guatemala | 0.368 % | 2025 · Comtrade |
| Export share: Guatemala to Argentina | ||
| Investment stock: Argentina in Guatemala | ||
| Investment stock: Guatemala in Argentina |
Definitions and sources
Trade adds both directions. Shares refer to the country’s total goods exports; investment is an accumulated stock, not an annual flow. Every figure retains the currency and period of its source. BEA positions are historical-cost estimates based on the immediate counterpart, not market values or investment by ultimate owner. ‘More than’ indicates a lower bound, not an exact amount. A recorded stock does not establish new activity or authorisation to operate under sanctions.
- Goods trade
- 2025 · UN Comtrade · Goods; full calendar year; reporter ARG. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
- Goods: Argentina to Guatemala
- 2025 · UN Comtrade · Goods; full calendar year; reporter ARG. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
- Goods: Guatemala to Argentina
- 2025 · UN Comtrade · Goods; full calendar year; reporter ARG. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
- Export share: Argentina to Guatemala
- 2025 · UN Comtrade · Exports to the partner / worldwide exports by the same reporter; same year and coverage.
Country comparison
Period and source beside each figure · est. = estimate by the stated institution.
Some annual indicators refer to different years. Check the period beside each value before comparing them.
| Indicator | Argentina | Guatemala |
|---|---|---|
| Nominal GDP | 683.1 billion USD2025 · WB | 123.31 billion USD2025 · WB |
| GDP per capita | 14,898.09 USD2025 · WB | 6,598.18 USD2025 · WB |
| GDP growth | 4.37 %2025 · WB | 4.28 %2025 · WB |
| Policy interest rate | No single rate · BCRA | |
| Inflation · annual average | 41.9 %IMF est.Annual average · 2025 · IMF | 1.49 %Annual average · 2025 · WB |
| Inflation · latest year-on-year figure | 33.5 %Year-on-year · Aug. 2026 · INDEC | |
| Unemployment | 7.15 %ILO est.2025 · WB | 2.6 %ILO est.2025 · WB |
| Budget balance (% of GDP) | -0.4 %IMF est.2025 · IMF | -1.9 %IMF est.2025 · IMF |
| Gross public debt (% of GDP) | 80.3 %IMF est.2025 · IMF | 27.2 %IMF est.2025 · IMF |
| Current account balance (% of GDP) | -1.11 %2025 · WB | 2.89 %2024 · WB |
| Population | 45,851,3782025 · WB | 18,687,8812025 · WB |
| Area | 2,780,400 km²2023 · BM / FAO | 108,890 km²2023 · WB |
| Military expenditure | ||
| Military expenditure (% of GDP) |
Definitions, dates and sources
Blank cells are not zero. Average annual inflation and the latest year-on-year figure appear in separate rows: they are not the same measure. Every annual indicator retains its reference year; when the years differ, the figures are identified as not directly comparable. When a figure is unavailable from the World Bank, an annual IMF estimate is used and identified as such. The latest year-on-year figure is the latest official release verified as of 7 October 2026. This includes advance releases marked as provisional. Mexico may have a fortnightly figure before the full month is published; it is not automatically compared with a monthly figure. The publication date is retained in each source’s details; it does not replace the observation period or the annual average. Policy rates carry their own dates and represent different instruments. Spain and France share the ECB rate. Balances are positive for surpluses and negative for deficits. The IMF may use fiscal years; unemployment retains each source’s definition (ILO estimates, IMF WEO or PCBS), as stated in the details. For Palestine, debt and the fiscal balance cover central government and retain the PCBS definition; they are not presented as consolidated general government. These are economic magnitudes, not measures of relationship quality.
Area retains each source’s territorial coverage; it does not determine sovereignty or effective control. Canada uses an archived national geographic reference. Military expenditure retains the 2024 SIPRI sample distributed by the World Bank: the amount and percentage of GDP use that same definition, which differs from NATO’s. It is not an approved budget or a 2026 figure. Information from the Stockholm International Peace Research Institute (SIPRI). Military expenditure database · Terms of use0
Indicators reviewed: 2026-10-07. Each source retains its original access date; this review does not turn all the data into 2026 observations. Figures may be revised.
- Nominal GDP
- Current USDArgentina: 2025 · World BankGuatemala: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- GDP per capita
- Current USD per personArgentina: 2025 · World BankGuatemala: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- GDP growth
- Annual real change (%)Argentina: 2025 · World BankGuatemala: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Policy interest rate
- Central bank instrument (%)Argentina: The BCRA abandoned the concept of a single monetary-policy rate under the new monetary-aggregates framework. It is not replaced with TAMAR, BADLAR, court interest rates or the last historical rate. · Central Bank of the Argentine Republic
- Inflation · annual average
- Average annual change in headline CPI (%)Argentina: 2025 · Annual average change in headline CPI (%) · IMF — World Economic Outlook · IMF est. · WEO estimate; not the year-on-year change for December or August 2026. · Alternative official source; verified 2026-10-07Guatemala: 2025 · Annual average CPI change (%) · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Inflation · latest year-on-year figure
- Headline CPI relative to the same period of the previous year (%); monthly or fortnightly frequency statedArgentina: 2026-08 · Change in headline CPI from the same month of the previous year (%) · Argentina INDEC · Published: 2026-09-10 · Original INDEC national report; replaces the previous link to its social-media publication without changing the value. Not the monthly change (1.7%) or cumulative change (21.3%).
- Unemployment
- % of the labour force; definition used by the stated institutionArgentina: 2025 · World Bank · ILO est.Guatemala: 2025 · ILO modelled estimate; percentage of the labour force · World Bank · ILO est. · Annual World Bank observation, with its original year; not monthly data.
- Budget balance
- General government (% of GDP)Argentina: 2025 · IMF — World Economic Outlook · IMF est.Guatemala: 2025 · IMF · IMF est. · WEO general-government estimate, % of GDP. Not an observed balance for the current month.
- Gross public debt
- General government (% of GDP)Argentina: 2025 · IMF — World Economic Outlook · IMF est.Guatemala: 2025 · IMF · IMF est. · WEO general-government estimate, % of GDP. Not an observed balance for the current month.
- Current account balance
- % of GDPArgentina: 2025 · World BankGuatemala: 2024 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Population
- PeopleArgentina: 2025 · World BankGuatemala: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Area
- Total area in km²; territorial coverage of the sourceArgentina: 2023 · Total area, including inland waters; source's territorial coverage · World Bank · FAOGuatemala: 2023 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Military expenditure
- Current USD per year; SIPRI series
- Military expenditure (% of GDP)
- Percentage of GDP; SIPRI definition, not NATO’s definition
Other data specific to this relationship
What they buy and sell
Documented selection, not an exhaustive list. Cells without a figure do not mean zero value; some products are identified without a verified amount.
Argentina to Guatemala
Guatemala to Argentina
How trade has changed
Millions of current USD · full calendar years
View chart figures
| Period | Total | Argentina to Guatemala | Guatemala to Argentina |
|---|---|---|---|
| 2021 | 235.2 | 231.7 | 3.5 |
| 2022 | 305.9 | 302.3 | 3.6 |
| 2023 | 319.4 | 313.8 | 5.6 |
| 2024 | 437.7 | 433 | 4.7 |
| 2025 | 326.7 | 320.3 | 6.4 |
Connections between people
Migration cooperation was addressed through coordination between the South American Conference on Migration and Regional Conference on Migration. This institutional dialogue is distinct from observed resident or visitor flows. [1]
Residents, study and travel
Blank cells: data unavailable. Each measure retains its definition and period.
| Indicator | Value | Period / source |
|---|---|---|
| Residents from Argentina living in Guatemala | ||
| Residents from Guatemala living in Argentina | ||
| Study and training: Argentina in Guatemala | ||
| Study and training: Guatemala in Argentina | ||
| Academic stays: Argentina in Guatemala | ||
| Academic stays: Guatemala in Argentina | ||
| Travel: Argentina to Guatemala | ||
| Travel: Guatemala to Argentina |
What each figure measures
Residents are counted by nationality and the coverage of the stated register, not as people born in the other country or as new arrivals in one year. PERE includes dual nationals and people born outside Spain. Study with OPT and stays carrying academic credit are different measures. Travel may include several visits by the same person; FRONTUR arrivals require an overnight stay, whereas the Canadian survey includes day visits. These figures are neither added together nor automatically compared across directions.
Mobility data added or reviewed: 2026-10-07. Reference periods may be earlier.
Underlying ties
History, institutions and long-standing issues.
Bilateral context
The consultation mechanism stems from a memorandum signed in 2007. Its sixth meeting took place on 16 October 2024, according to the report published the following day; the preceding round had taken place on 2 July 2019. [1]
The scale of both economies
Nominal GDP for Argentina is 683.1 billion USD (2025), compared with 123.3 for Guatemala (2025). The reference populations are 45.85 and 18.69 million, respectively. In the same year, the economy of Argentina was 5.54 times that of Guatemala in nominal GDP. The comparison provides context on market size, but does not, on its own, measure influence, well-being or diplomatic closeness. Estimates and their sources retain their labels in the tables. [5] [6] [7] [8]
Recent developments
Recent developments and latest available data · Review: 2026-10-08
Cooperation and bilateral issues
Delegations highlighted development of the Guatemalan dairy sector strengthening project and examined potential security and anti-drug initiatives. These prospects are not presented as implemented projects. A memorandum was signed between ISEN and Guatemala’s José Antonio Irisarri Diplomatic Academy for knowledge and training. Regional discussions covered CELAC and OAS coordination, migration and Venezuela’s situation, referring to the joint declaration of 16 August 2024. [1]
What merchandise trade shows
In 2025, merchandise trade between the two countries (Argentina and Guatemala) totalled 326.7 million current USD. Shipments from the first to the second were 320.3 million; those in the opposite direction, 6.4 million. The difference between the two flows was 313.9 million, in favour of Argentina. This is a goods balance, not the total balance of the economic relationship: it excludes services, income and transfers. Both directions come from a single customs reporter to avoid adding mirror records. [2]
The partner's share of exports
Sales from Argentina to the partner represented 0.368% of its worldwide goods exports in 2025. The share compares the same reporter, year and coverage. It measures export concentration, not the percentage of GDP dependent on this relationship. A partner may be important in a specific sector even if its share of total goods trade is small. [2]
Five years of trade trends
The consistent series shows 235.2 million USD in 2021 and 326.7 million in 2025. The change between the two endpoints was +38.9 % in current dollars. The highest annual value in the period was recorded in 2024, at 437.7 million. The chart allows the two directions to be compared to see whether they moved together or differently. The change combines quantities, prices and exchange rates; it is not automatically attributed to a treaty, a visit or a political decision. The same reporter is retained and missing years are not interpolated. [3]
Documented trade sectors
Within the selected chapters, vehicles and components stands out in shipments from Argentina to Guatemala, at 128.2 million USD in 2025. Within the selected chapters, electrical and electronic equipment stands out in shipments from Guatemala to Argentina, at 0.0196 million USD in 2025. The table compares eight selected chapters with the same coverage as the trade total. It is not a complete list or proof that the first item in this selection is the leading product across the entire relationship. A chapter groups numerous goods: machinery and components, for example, do not describe a single business transaction. [4]
Milestones and consequences
- 2024-10-16
Sixth consultation round and training agreement
Delegations reviewed technical and migration cooperation and signed the diplomatic academies’ memorandum. [1]
Sources and data
Periods and scope of the figures
Institutional sources and periods accompany each figure. Annual trade, investment positions, residents and visits are distinct measures. Empty cells do not mean zero. Statements of intent are not presented as project implementation or treaties in force.
- Bilateral relations — ARG-GTM
cancilleria.gob.ar · Institutional source · Accessed: 2026-10-08
- Bounded matrix; reporter, partner, year, chapter and direction identified in each record
UN Comtrade · Institutional source · Accessed: 2026-10-08
- Trade series 2021–2025
UN Comtrade · Institutional source · Accessed: 2026-10-08
- Bounded matrix; reporter, partner, year, chapter and direction identified in each record
UN Comtrade · Institutional source · Accessed: 2026-10-08
- Official statistics
World Bank · Institutional source · Accessed: 2026-09-17
- Official series — gdp
World Bank · Institutional source · Accessed: 2026-10-07
- Official statistics
World Bank · Institutional source · Accessed: 2026-10-06
- Official series — population
World Bank · Institutional source · Accessed: 2026-10-07
Additional sources on products and human connections
- UN Comtrade
2026-10-08 · Accessed: 2026-10-08 · Bounded matrix; reporter, partner, year, chapter and direction identified in each record.