
Decentralized Social Media Finds A Foothold
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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Guatemala economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Guatemala best banks and safest banks are also available.
Guatemala continues to expand amid social tensions, crime and COVID-19.
USD 12.8 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
Intl$ 145.6 billion (2018, estimate)
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
6.3% | 3.3% | 0.5% | 2.9% | 4.2% | 3% | 3.7% |
2014 | 2015 | 2016 | 2017* | 2018* | ||
4.2% | 4.1% | 3.1% | 2.8% | 3.1% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
0.15% | 0.12% | 0.12% | 0.11% | 0.11% |
*Estimate
(2018 estimate)
2015 | 2016 | 2017 | 2018* | 2019* |
2.4% | 4.4% | 4.4% | 3.8% | 4.2% |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
24.2% | 24% | 23.8% | 24.7% | 25.2% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
-1.4% | -1.1% | -1.3% | -1.8% | -2.1% |
*Estimate
Standard & Poor's: BB-
Moody's: Ba1
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
0.8 % (2018 estimate)
18.1% (2018)
0.06% (2018)
0.05% (2018)
Sugar, coffee, petroleum, apparel, bananas, fruits and vegetables, cardamom, manufacturing products, precious stones and metals, electricity
Fuels, machinery and transport equipment, construction materials, grain, fertilizers, electricity, mineral products, chemical products, plastic materials and products
US 33.8%, El Salvador 11.1%, Honduras 8.8%, Nicaragua 5.1%, Mexico 4.7% (2017)
US 39.8%, China 10.7%, Mexico 10.7%, El Salvador 5.3% (2017)
2016 | 2017 | 2018 |
USD 1,175 million | USD 1,013 million | USD 1,056 million |
2016 | 2017 | 2018 |
USD 107 million | USD 12 million | USD 235 million |
2015 | 2016 | 2017 | 2018 |
N/A | N/A | N/A | N/A |
N/A
N/A
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
96 out of 190 countries
Subcategories:
Starting a Business: 99 out of 190 countries
Dealing with Construction Permits: 118 out of 190 countries
Getting Electricity: 46 out of 190 countries
Registering Property: 89 out of 190 countries
Getting Credit: 15 out of 190 countries
Protecting Minority Investors: 153 out of 190 countries
Paying Taxes: 104 out of 190 countries
Trading across Borders: 82 out of 190 countries
Enforcing Contracts: 176 out of 190 countries
Resolving Insolvency: 157 out of 190 countries
98 out of 141 countries
(2019)
Ranking: 77 / Score: 62.6 (Moderately free)
(100=totally free 0=totally repressed)
Spanish (official) 68.9%, Maya languages 30.9% (K'iche 8.7%, Q'eqchi 7%, Mam 4.6%, Kaqchikel 4.3%, other 6.3%), other 0.3% (includes Xinca and Garifuna) (2001 est.)
Roman Catholic, Protestant, indigenous Mayan beliefs
1990 | 2000 | 2010 | 2015 | 2020* |
9.26 million | 11.65 million | 14.63 million | 16.25 million | 17.97 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
31.1% | 38.7% | 45.3% | 51.1% |
Total population: 81.5%
Male: 87.4%
Female: 76.3%
Definition: age 15 and over can read and write (2015 est.)
24.2% (last available estimate, 2014)
48.3 (last available estimate, 2014)
Partly Free
Political Rights: 4
Civil Liberties: 4 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 14.1%
Mobile: 118.7%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)