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Ten years later, in 2000, it rose from 1 to 4% and by 2010 it had fallen back to 3%, according to the World Bank. The final peace accord in December 1996 left Guatemala well-positioned for rapid economic growth. [23] [citation needed] Guatemala's economy is dominated by the private sector, which generates about 85% of GDP.
The economy of Central America is the eleventh-largest economy in Latin America, behind Brazil, Mexico, Argentina and Colombia. According to the World Bank, the nominal GDP of Central America reached 204 billion US dollar in 2010, as recovery from the crisis of 2009, where gross domestic product (GDP) suffered a decline to 3.8%. [1]
Cuba is not included in the list due to lack of economic data. Of the countries listed, some are not independent: Aruba is a constituent country of the Kingdom of the Netherlands, and Puerto Rico is a United States territory with special status and thus is measured separately from the U.S. by the World Economic Outlook.
The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. Such calculations are prepared by various organizations, including the IMF and the World Bank. As estimates and assumptions have to be made, the results produced by different organizations for the same country are not hard facts and tend to ...
On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [5] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [6] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades earlier.
Economic history of Guatemala (1 C, 2 P) I. Industry in Guatemala (4 C) Infrastructure in Guatemala (3 C) S. Science and technology in Guatemala (6 C, 2 P) T.
Riot police began efforts Tuesday to clear roadblocks by protesters that have paralyzed parts of Guatemala for more than a week, just hours after President Alejandro Giammattei vowed to clear the ...
The Constitutional Court (Corte de Constitucionalidad) is Guatemala's constitutional court and only interprets the law in matters that affect the country's constitution. It is composed of five judges, elected for concurrent five-year terms each with a supplement, each serving one year as president of the Court: one is elected by Congress, one elected by the Supreme Court of Justice, one is ...