The Guatemala national football team represents Guatemala in men's international football and is controlled by the Federación Nacional de Fútbol de Guatemala. Founded in 1919, it has been affiliated to FIFA since 1946, as a member of CONCACAF.

The 1968 Olympic football tournament was played as part of the 1968 Summer Olympics. The tournament features 16 men's national teams from five continental confederations. The 16 teams are drawn into four groups of four and each group plays a round-robin tournament. At the end of the group stage, the top two teams advanced to the knockout stage, beginning with the quarter-finals and culminating with the gold medal match at the Azteca Stadium on 26 October 1968. This was the first time an Asian team won a medal, Japan claiming bronze.