ALIGN="LEFT" SRC="cgtdcc.gif" Border="0" alt="#A"> Center for Global Trade Development
Centre pour le developpement du commerce global
Zentrum für weltweite Handels-Entwicklung
Centro para el desarrollo del Comercio Global
Guatemala - Trade & Marketing Information
Guatemala - Trade, Industry & Marketing Information | |
Search by Countries | | Search by industry | | Guatemala - economy | | Key foreign trade data | | Global Marketplace On-line | | Index
ALIGN="RIGHT" SRC="/cgtd/global/america/guatemal.gif"> Guatemala - key economic data 

Economy Overview:

    The economy is based on family and corporate agriculture, which accounts for
    25% of GDP, employs about 60% of the labor force, and supplies two-thirds of
    exports. Manufacturing, predominantly in private hands, accounts for about
    15% of GDP and 12% of the labor force. In both 1990 and 1991, the economy
    grew by 3%, the fourth and fifth consecutive years of mild growth. In 1992
    growth picked up to almost 5% as government policies favoring competition
    and foreign trade and investment took stronger hold. In 1993-94, despite
    political unrest, this momentum continued, foreign investment held up, and
    annual growth was 4%.


National product:
    GDP - purchasing power parity - $33 billion (1994 est.)
National product real growth rate:
    4% (1994 est.)
National product per capita:
    $3,080 (1994 est.)
Inflation rate (consumer prices):
    12% (1994 est.)
Unemployment rate:
    4.9%; underemployment 30%-40% (1994 est.)
Budget:
  revenues:
    $604 million (1990)
  expenditures:
    $808 million, including capital expenditures of $134 million (1990)



Industrial production:

    growth rate 1.9% (1991 est.); accounts for 18% of GDP
Electricity:
  capacity:
    700,000 kW
  production:
    2.3 billion kWh
  consumption per capita:
    211 kWh (1993)



Economic Activity


Industries:

    sugar, textiles and clothing, furniture, chemicals, petroleum, metals,
    rubber, tourism

Agriculture:
    accounts for 25% of GDP; most important sector of economy; contributes
    two-thirds of export earnings; principal crops - sugarcane, corn, bananas,
    coffee, beans, cardamom; livestock - cattle, sheep, pigs, chickens; food
    importer
Guatemala - key foreign trade data 



Exports:

    $1.38 billion (f.o.b., 1994 est.)
  Commodities:
    coffee, sugar, bananas, cardamon, beef
   Major Trade Partners::
    US 30%, El Salvador, Costa Rica, Germany, Honduras



Imports:

    $2.6 billion (c.i.f., 1994 est.)
  Commodities:
    fuel and petroleum products, machinery, grain, fertilizers, motor vehicles
   Major Trade Partners::
    US 44%, Mexico, Venezuela, Japan, Germany
External debt:
    $2.2 billion ( 1992 est.)
Guatemala - Trade, Industry & Marketing information

Customized business information

Business Directories