Guatemala

According to the CIA World Factbook, Guatemala’s GDP (PPP) per capita is US$5,000; however, this developing country still faces many social problems and is among the 10 poorest countries in Latin America. The distribution of income remains highly unequal with approximately 29%of the population living below the poverty line and just over 400,000 (3.2%) unemployed. The World Bank considers three quarters of the population of Guatemala to be living in poverty. Remittances from Guatemalans who fled to the United States during the civil war now constitute the largest single source of foreign income (more than the combined value of exports and tourism).

Demographic Data

Economic Data

Cultural & Other Data

GDP (PPP, $bn)

68.02

Capital

Guatemala City

Area (sq. km.)

108,890

GDP Real

Growth (%)

3.8

Other Large Cities

Quetzaltenango, Escuintla

Population (million)

13.28

PerCap GDP ($)

5200

Primary Language

Spanish

Population

Growth %

2.066

Prime Lending

Rate (%)

12.84

Urban

Population %

49

% Population

Under 15yrs

39.4

Inflation Rate%

12.2

Urban Growth %

3.4

Population below

poverty line (%)

56.2

Unemployment%

3.2

Literacy

(% of population)

69.1

Agricultural Workers

(% of population)

50

Foreign Direct

Investment($bn)

45.13

Education spending

as % of GDP

2.6

Industrial Workers

(% of population)

15

Debt-External

($bn)

6.337

CPI Score

(1-10)*

3.1

Service Workers

(% of population)

35

Exports ($bn)

8.028

Corporate

Income Tax %

31

Labor Force (mil)

4.054

Imports ($bn)

15.42

Ease of Doing

Business Ranking **

112

CURRENCY EXCHANGE RATE

06/01/09 $1 = 8.25 GTQ

  • Share/Bookmark