Doing business in Guatemala: economic snapshot February 2018 | finder.com

ECONOMIC SNAPSHOT
GUATEMALA

Internal perspective

Guatemala’s president recently resigned after a bribing scandal, and the country continues to be rocked by high poverty, especially in rural municipalities. High levels of crime and violence are also ongoing challenges. Experts predict that the country is on the brink of economic crisis.

Population

16,582,469 (2016)

Internet users

19.7% (2013)

Gross domestic product (GDP)

  • $68.763 billion (2017)

Top 5 Imports

Top 5 exports

Languages

Top 3 Trading Partners

Top franchises

GDP growth rate (est.)

  • 3.074% in 2016
  • 3.458% in 2017

Trends and outlooks

  • Biggest economy in Central America
  • GDP growth rate of 4.1% in 2015
  • Upswing of economic activity

Economic challenges

  • Uncertain political environment
  • Some of the worst poverty, malnutrition and maternal-child mortality rates in Central America
  • High crime and violence

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