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Average Salary in Guatemala 2019

How much money does a person working in Guatemala make?

11,828 GTQ per month
Average Monthly Salary
A person working in Guatemala typically earns around 11,828 GTQ per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Guatemala | All Jobs

25% of people earn
5,917 GTQ
or less
50% of people earn
8,500 GTQ
or less
75% of people earn
18,125 GTQ
or less
4,000 GTQ
8,500 GTQ
26,000 GTQ

Abount These Figures: Salary Range, Median and Percentiles

Salaries in Guatemala range between 4,000 GTQ per month (minimum salary) to 26,000 GTQ per month (maximum salary).

The median salary is 8,500 GTQ per month, which means that half (50%) of the population are earning less than 8,500 GTQ while the other half are earning more than 8,500 GTQ. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 5,917 GTQ while 75% of them are earning more than 5,917 GTQ. Also from the diagram, 75% of the population are earning less than 18,125 GTQ while 25% are earning more than 18,125 GTQ.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Salaries for specific job categories

Choose your job category from below to explore specific salary details

Salary Trend and Forecast in Guatemala

How are Guatemala salaries changing over time? Listed below is a chart that shows the average salary over the past few years.

Average Salary 2016    =  
10,952 GTQ
Average Salary 2017    +3%  
11,258 GTQ
Average Salary 2018    +3%  
11,551 GTQ
Average Salary 2019    +2%  
11,828 GTQ
Percentage increase and decrease are relative to the previous value
Salaries in Guatemala are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Average Hourly Wage in Guatemala | All Jobs

61 GTQ per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Guatemala | All Jobs is 61 GTQ. This means that the average person in Guatemala earns approximatly 61 GTQ for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

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