The news ends speculation linking the Spaniard as Alex Ferguson's successor at Manchester United after the Scot hinted this season could be his last in charge at Old Trafford.
Guardiola, 39, will not sign his new contract until the summer, when Barca will be hold their presidential elections.
But current president Joan Laporta said: "We are here to announce that Pep Guardiola will be the coach of Barca for another year.
"The contract will be signed with the new president but we have Pep's word that he will be the coach.
"I think that is very good news for everyone associated with Barcelona because we all wanted Pep to continue.
"He doesn't like me saying it but Pep Guardiola is the best coach in the world and we are proud to continue to have him here.
Last year Guardiola won the Treble in his first season in charge — a feat which included a triumph over Fergie's United in the Champions League final.
He then steered the Nou Camp side to the Spanish and European Super Cups and completed a six-trophy haul by winning the Club World Cup in December.
And the former Barca captain — who won six league titles, the European Cup and the Copa del Reys in his 11-year stint playing for the club — has vowed to lead the team to even more success.
Guardiola said: "I know that sooner or later I will cease to be coach of Barca and I have to enjoy the time I'm here to the maximum.
"A coach of Barca can't be here for life. I think that you have to sign for short periods in which the coach has to earn things, with the players, with the fans.
"I wanted to see if that was happening, if I had the support of the players, the board.
"Nowhere am I going to be as comfortable as I am here."
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