Wednesday, March 6, 2019

Guatemala Economy


The population of Guatemala is 17,245,346 in a land area of 42,042 square miles. Nominal per capita GDP $4,212. Inflation 2.4, Poverty 54%.

Nominal GDP $72 billion. GDP by sector agriculture 13.4%, industry 23.8%, services 62.7%.

Main Industries: sugar, textiles, clothing, furniture, chemicals, petroleum, metals, rubber, tourism. Ease of doing business 88th.

Exports $9.864 billion in coffee, sugar, petroleum, apparel, bananas, fruit, vegetables to US 39.2%, El Salvador 11.4%, Honduras 6.8%, Mexico 5.4%, Nicaragua 4%.

Imports $15.57 billion in fuels, machinery, transportation equipment, construction materials, grain, fertilizers, electricity, mineral products, chemicals, plastics from US 38.4%, Mexico 11.9%, China 8.3%, El Salvador 5.1%, Colombia 4.2%

Government revenue $5.799 billion, spending $7.091 billion. Debt $16.17 billion


Norb Leahy, Dunwoody GA Tea Party Leader

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