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Economy, jobs and prices in Baja Verapaz, Guatemala: official figures

80.7% of households in Baja Verapaz had an improved source of drinking water in 2023, 8th highest of 22 departments.

GDP per capita 2024
Q26,259
2024
Workers contributing to IGSS
11,395
2024
Average IGSS contribution salary
Q5,764
2024

How many households in Baja Verapaz have improved sanitation?

50.7% of households in Baja Verapaz had improved sanitation in 2023, 6th lowest of 22.

Source: Instituto Nacional de Estadística (INE) · saved copy

How many households in Baja Verapaz have electricity?

80.7% of households in Baja Verapaz were connected to the electricity grid in 2023, 4th lowest of 22.

Source: Instituto Nacional de Estadística (INE) · saved copy

What is the GDP of Baja Verapaz?

Banguat puts the GDP of Baja Verapaz at Q9,193 million in 2024 at current prices, 1.0% of the national Q878,387 million, the lowest of 22 departments (preliminary).

Source: Banco de Guatemala (Banguat) · saved copy

What is the GDP per capita in Baja Verapaz?

GDP per person in Baja Verapaz was Q26,259 in 2024 against Q49,228 nationally, 7th lowest of 22 departments (Banguat, preliminary).

Source: Banco de Guatemala (Banguat) · saved copy

How fast is income per person growing in Baja Verapaz?

GDP per person in Baja Verapaz rose 34.6% between 2019 and 2024 at current prices, from Q19,504 to Q26,259 (national: 37.6%).

Source: Banco de Guatemala (Banguat) · saved copy

How fast is the economy of Baja Verapaz growing?

After adjusting for prices, GDP in Baja Verapaz grew 3.2% in 2024 (national: 3.7%), 8th slowest of 22.

Source: Banco de Guatemala (Banguat) · saved copy

Has the economy of Baja Verapaz grown since 2013?

Real GDP in Baja Verapaz was 40.3% higher in 2024 than in 2013 (national: 46.9%); its share of national GDP moved from 1.1% in 2013 to 1.0% in 2024.

Source: Banco de Guatemala (Banguat) · saved copy

How many people in Baja Verapaz have formal jobs?

11,395 workers in Baja Verapaz contributed to the IGSS social security institute in 2024, 0.7% of the 1,659,137 nationally, 2nd lowest of 22 departments.

Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

What share of people in Baja Verapaz are in formal employment?

That is 3.3 IGSS contributors for every 100 residents of Baja Verapaz, against 9.3 nationally, 7th lowest of 22 (IGSS 2024; INE population projection for mid-2024).

Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

Is formal employment growing in Baja Verapaz?

The number of IGSS contributors in Baja Verapaz rose 39.5% between 2019 and 2024, from 8,166 to 11,395 (national: 22.8%), 3rd fastest of 22.

Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

How has the number of formal workers in Baja Verapaz changed since 2012?

Since 2012 the number of IGSS contributors in Baja Verapaz has gone from 5,552 to 11,395, a change of 105% (national: 40%).

Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

How many registered employers are there in Baja Verapaz?

167 employers in Baja Verapaz were registered as IGSS contributors in 2024, an average of 68 contributing workers per employer (national: 45).

Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

What is the average salary in Baja Verapaz?

The average contribution salary of IGSS workers in Baja Verapaz was Q5,764 in 2024 (national: Q5,681), 6th highest of 22 departments.

Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

How much do formal workers in Baja Verapaz earn in total?

Salaries declared to IGSS for Baja Verapaz totalled Q788 million in 2024, 0.7% of the national total, the lowest of 22.

Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

Are wages in Baja Verapaz higher than the national average?

IGSS contributors in Baja Verapaz had an average salary above the national average by Q83 in 2024, while GDP per person was 53% of the national level.

Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

How Baja Verapaz compares with other departments

GDP (million quetzales, current prices) (2024)

Baja Verapaz ranks 22 of 22, highest first.

RankRegionGDP (million quetzales, current prices)
16ZacapaQ15,652m
17ChiquimulaQ13,606m
18SololaQ12,740m
19El ProgresoQ11,821m
20JalapaQ11,340m
21TotonicapanQ11,054m
22Baja VerapazQ9,193m
Source: Banco de Guatemala (Banguat) · saved copy

GDP per capita (quetzales) (2024)

Baja Verapaz ranks 16 of 22, highest first.

RankRegionGDP per capita (quetzales)
13JutiapaQ32,094
14ChiquimulaQ29,257
15JalapaQ26,984
16Baja VerapazQ26,259
17SololaQ25,758
18San MarcosQ23,501
19Alta VerapazQ22,666
Source: Banco de Guatemala (Banguat) · saved copy

Real GDP growth 2024 (2024)

Baja Verapaz ranks 15 of 22, highest first.

RankRegionReal GDP growth 2024
12Jalapa3.9%
13Huehuetenango3.8%
14Suchitepequez3.8%
15Baja Verapaz3.2%
16San Marcos2.5%
17Zacapa2.3%
18Escuintla1.8%
Source: Banco de Guatemala (Banguat) · saved copy

Workers contributing to IGSS social security (2024)

Baja Verapaz ranks 21 of 22, highest first.

RankRegionWorkers contributing to IGSS social security
16Santa Rosa19,899
17Jutiapa19,860
18Solola15,312
19Jalapa13,360
20El Progreso13,312
21Baja Verapaz11,395
22Totonicapan10,985
Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

IGSS contributors per 100 residents (2024)

Baja Verapaz ranks 16 of 22, highest first.

RankRegionIGSS contributors per 100 residents
13Chimaltenango4.1
14Jutiapa3.5
15San Marcos3.3
16Baja Verapaz3.3
17Jalapa3.2
18Solola3.1
19Alta Verapaz3.0
Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

Growth in IGSS contributors 2019-2024 (2019-24)

Baja Verapaz ranks 3 of 22, highest first.

RankRegionGrowth in IGSS contributors 2019-2024
1Totonicapan44.7%
2Huehuetenango44.1%
3Baja Verapaz39.5%
4Alta Verapaz39.5%
5Chiquimula38.3%
6Chimaltenango38.1%
7Quiche37.8%
Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

Average IGSS contribution salary (quetzales) (2024)

Baja Verapaz ranks 6 of 22, highest first.

RankRegionAverage IGSS contribution salary (quetzales)
3QuicheQ6,190
4HuehuetenangoQ5,911
5SololaQ5,907
6Baja VerapazQ5,764
7JutiapaQ5,620
8JalapaQ5,415
9ChiquimulaQ5,415
Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

IGSS payroll (million quetzales) (2024)

Baja Verapaz ranks 22 of 22, highest first.

RankRegionIGSS payroll (million quetzales)
16JutiapaQ1,339m
17Santa RosaQ1,239m
18SololaQ1,085m
19JalapaQ868m
20TotonicapanQ836m
21El ProgresoQ809m
22Baja VerapazQ788m
Source: Instituto Guatemalteco de Seguridad Social (IGSS) · saved copy

Households with improved drinking water (ENCOVI) (2023)

Baja Verapaz ranks 8 of 22, highest first.

RankRegionHouseholds with improved drinking water (ENCOVI)
5El Progreso86.7%
6Jutiapa84.9%
7Quetzaltenango81.4%
8Baja Verapaz80.7%
9Totonicapan80.0%
10Chimaltenango78.1%
11Jalapa73.6%
Source: Instituto Nacional de Estadística (INE) · saved copy

Households with improved sanitation (ENCOVI) (2023)

Baja Verapaz ranks 17 of 22, highest first.

RankRegionHouseholds with improved sanitation (ENCOVI)
14Retalhuleu61.5%
15Jalapa52.7%
16Huehuetenango52.2%
17Baja Verapaz50.7%
18Peten47.0%
19San Marcos46.3%
20Quiche38.0%
Source: Instituto Nacional de Estadística (INE) · saved copy

Households connected to the electricity grid (ENCOVI) (2023)

Baja Verapaz ranks 19 of 22, highest first.

RankRegionHouseholds connected to the electricity grid (ENCOVI)
16San Marcos82.8%
17Huehuetenango82.8%
18Quiche81.3%
19Baja Verapaz80.7%
20Peten80.5%
21Izabal79.8%
22Alta Verapaz50.7%
Source: Instituto Nacional de Estadística (INE) · saved copy

More on Baja Verapaz: overview · health · education and schools · poverty and living standards · Guatemala

Sources

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