Guatemala
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1996-1997 , pp 223-230
- Publication Date: December 1997
- DOI: https://doi.org/10.18356/0d737478-en
- Language: English
The Guatemalan economy cooled down in 1996. There was a marked slowdown in domestic demand, as investment eased back, and although export volumes posted an appreciable rise, the pace of output growth (5% in 1995) slowed to 3.1%. Inflation bordered on 11%, somewhat higher than the year before, and the trade gap narrowed, while capital inflows strengthened and reserves at the Central Bank of Guatemala expanded. Prospects for 1997 were favourable, in view of a strengthening of coffee prices and the surge in sales to the Central American area.
© United Nations
ISBN (PDF):
9789210582988
Book DOI:
https://doi.org/10.18356/2deb1b29-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Guatemala
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