🇬🇹GTQ Economy
Guatemala Salary & Tax Guide
Lowest flat tax rate in the region
Average Gross Salary
$5,000 / yr
Average Net Take-Home
$4,600 / yr
Top Marginal Tax Bracket
7%
Cost of Living Index
30 (US=100)
Economic & Employment Overview
Lowest flat tax rate in the region. The Guatemala labour market pairs an average gross salary of $5,000 with roughly $4,600 of net take-home pay, against a cost-of-living index of 30 where New York equals 100.
Leading Industries & Tech Sectors
CoffeeSugarMaquilaRemittances
Immigration & Expat Work Permits
Newcomers usually settle first in Guatemala City or Quetzaltenango, where Coffee employers sponsor most international relocations. Work visas run through local permits
Major Economic Centers: Guatemala City, Quetzaltenango, Antigua
Tax System Breakdown
Single Filer ModelFlat 7% withholding on employment income. The top marginal statutory rate is 7%.
Sample Benchmark at Average Gross ($5,000 USD):
| Gross Salary | $5,000 |
| Total Income Tax Paid | $1,250 |
| Social Contributions / Payroll | $400 |
| Net Annual Take-Home | $3,350 |
| Effective Tax Rate | 33.0% |