Source
Central bank

Bank of Guatemala

International Reserves

USD 8.9 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 72.0 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 140.2 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
5.4% 6.3% 3.3% 0.5% 2.9% 4.2% 3%
2013 2014 2015 2016* 2017*    
3.7% 4.2% 4.2% 3.5% 3.8%    

*Estimate

GDP per capita - current prices

USD 4,212.1 (2017, estimate)

GDP per capita - PPP

Intl$ 8,206.6 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.15% 0.12% 0.12% 0.11% 0.1%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 13.2% 
  • industry: 23.5% 
  • services: 63.3%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
4.3% 3.4% 2.4% 4.5% 3.6%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
24.6% 24.3% 24.2% 24.1% 24.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-2.1% -1.9% -1.4% -1.6% -1.8%

*Estimate

Government bond ratings

Standard & Poor's: BB

Moody's: Ba1

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.5 billion (2017 estimate)

Current account balance by percentage of GDP

-0.7% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

21.3% (2015)

Shares in world total merchandising export

0.07% (2015)

Shares in world total commercial services export

0.06% (2015)

Total exports

USD 11.4 billion (2016 estimate)

Export commodities

Sugar, coffee, petroleum, apparel, bananas, fruits and vegetables, cardamom, manufacturing products, precious stones and metals, electricity

Total imports

USD 16.8 billion (2016 estimate)

 
 
Source
Import commodities

Fuels, machinery and transport equipment, construction materials, grain, fertilizers, electricity, mineral products, chemical products, plastic materials and products

Exports - major partners

US 34.9%, El Salvador 8.4%, Honduras 7.3%, Nicaragua 5%, Canada 4.6%, Mexico 4.3%, Costa Rica 4.1% (2015)

Imports - major partners

US 38.3%, China 13.4%, Mexico 11.8%, El Salvador 4.9% (2015)

FDI inflows
2013 2014 2015
USD 1,296 million USD 1,389 million USD 1,208 million
FDI outflows
2013 2014 2015
USD 34 million USD 106 million USD 93 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

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: 88 out of 190 countries (2016)

Subcategories:

Starting a business: 119 out of 190 countries

Enforcing Contracts: 173 out of 190 countries

Registering Property: 74 out of 190 countries

Getting credit: 16 out of 190 countries

Protecting investors: 173 out of 190 countries

Trading across border: 77 out of 190 countries

Paying Taxes: 93 out of 190 countries

Dealing with Construction Permits: 89 out of 190 countries

Getting Electricity: 19 out of 190 countries

Resolving Insolvency: 149 out of 190 countries

Global competitiveness ranking

78 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 82 / Score: 61.81 (Moderately free) (2017)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC-6

Total area

108,899 sq km

Capital

Guatemala City

Currency

quetzales (GTQ)

Government type

constitutional democratic republic

Languages

Spanish (official) 60%, Amerindian languages 40%   note: there are 23 officially recognized Amerindian languages, including Quiche, Cakchiquel, Kekchi, Mam, Garifuna, and Xinca

Religions

Roman Catholic, Protestant, indigenous Mayan beliefs

Total population
1990 2000 2010 2014* 2019**
8.215 million 11.231 million 14.377 million 15.871 million 17.955 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
31.1% 37% 45% 51%
Population median age

21 years (2014 est.)

Population growth rate

1.86% (2014 est.)

Life expectancy

71.74 years (2014 estimate)

Adult literacy

75.9% (2011 estimate)

% of population living on less than $2 a day

29.8% (2011)

Inequality of wealth distribution (Gini index)

52.4 (2011)
(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 3
Civil Liberties: 4 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 12.0%   Mobile 140.4%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

19.70% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Guatemala City 170th (2014)

CO2 emissions(Metric tons of CO2 per capita)

0.8 (2010)

World's Best Developed & Emerging Markets Banks

World's Best Internet Banks

World’s Best Treasury & Cash Management Providers

World’s Best Investment Banks

World’s Best Foreign Exchange Providers

World's Best Banks By Region

World's Best Banks

2013

Best of…

Additional Awards