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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]
It has responsibility to collect, prepare, and publish official statistics. INE runs the population census and issues statistics on employment, price levels, poverty rates, and other standard national statistics. [2] INE will conduct a population census of Guatemala in July and August 2018, the twelfth such census. [3]
GUATEMALA CITY (AP) — Guatemalan President Bernardo Arévalo’s new administration says it will make addressing widespread extortion its top security priority.
Coffee is an important element of Guatemala's economy. [1] Guatemala was Central America's top producer of coffee for most of the 20th and the beginning of the 21st century, until being overtaken by Honduras in 2011. [1] Illegal exports to Honduras and Mexico are not reflected in official statistics. [2]
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 ...
Guatemala is open to receiving citizens of other Central American nations who are deported from the United States, three sources familiar with the matter said, as the country looks to build a ...
Guatemala became a member country of the International Monetary Fund on December 28, 1945. Guatemala holds a quota of 428.6 million Special Drawing Rights and 5,751 votes. [1] Since its membership, Guatemala has had 15 arrangements. Dubbed as "Central America's largest economy," Guatemala has seen a 3.4% Gross Domestic Product