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The flag of Guatemala, often referred to as "Pabellón Nacional" (literally, "National Flag") or "Azul y Blanco" ("Blue and White") features two colors: Sky blue and white. The two Sky blue stripes represent the fact that Guatemala is a land located between two oceans, the Pacific Ocean and the Atlantic Ocean (Caribbean sea); and the sky over the country (see Guatemala's national anthem). The white signifies peace and purity. The blue and white colors, like those of several other countries in the region, are based on the flag of the former Federal Republic of Central America. In the center of the flag is the Guatemalan coat of arms. It includes the resplendent quetzal, the national bird of Guatemala that symbolizes liberty; a parchment scroll bearing the date of Central America's independence from Spain, 15 September 1821; crossed rifles, indicating Guatemala's willingness to defend itself by force if need be; a bay laurel crown, the symbol for victory; and crossed swords, representing honor. It is one of four national flags among UN member states that features a firearm, along with those of Mozambique, Haiti and Bolivia.

Source: Wikipedia