As per International Monetary Fund
(IMF) Guatemala’s nominal gross domestic product is expected to grow at a CAGR
of 7.53% from it’s 2015 level of GTQ 488.333 billion and reach GTQ 811.999
billion by 2022.
Guatemala, officially the Republic
of Guatemala, is a country in Central America bordered by Mexico to the north
and west, the Pacific Ocean to the southwest, Belize to the northeast, the
Caribbean to the east, Honduras to the east and El Salvador to the southeast.
It spans an area of 42,043 square miles, and has an estimated population of
over 15.5 million people, making it the most populous state in Central America.
A representative democracy, its capital is Nueva Guatemala de la Asuncion, also
known as Guatemala City.
Guatemala had estimated population
of 16.673 million in the year 2016 and expected to reach 19.335 million by
2022, it is expected to grow at a CGAR of 2.50%.
Guatemala's real gross domestic
product (GDP) was around GTQ 247.928 billions in 2016 whereas the nominal GDP
was GTQ 527.895 billions. This resulted in GDP deflator 212.923. Per capita GDP
was estimated at USD 4088.95 whereas purchasing power parity (PPP) based per
capita GDP was estimated to be at USD 7899.20.
In 2016, German Guatemala
government's revenue was GTQ 57.399 billions whereas the expenditure was GTQ
63.079 billions. This resulted Guatemala government's net lending / borrowing
negative at GTQ 5.68 billion in 2016 indicating that enough financial resources
were not made available by the government to boost economic growth.
The current account balance for
Guatemala was estimated to be negative at USD 2.044 billions for the year 2016
and is expected to remain same till 2022. This negative current account balance
indicates the Guatemala is a net borrower from the whole world.
Scope of the Guatemala PESTEL Analysis, SWOT Analysis and Risk
Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Guatemala.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Guatemala.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Guatemala.
- These reports provide risk analysis for Guatemala.
For more information and to
purchase Guatemala PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/guatemala-pestel-analysis-market-research-report
For more information and to
purchase Guatemala SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/guatemala-swot-analysis-market-research-report
For more information and to
purchase Guatemala Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/guatemala-risk-analysis-market-research-report
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