Guatemala
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2010-2011 , pp 177-182
- Publication Date: December 2011
- DOI: https://doi.org/10.18356/002abd20-en
- Language: English
In 2010, Guatemala’s real GDP grew by 2.8% (up from 0.5% in 2009), driven by an upturn in exports as the United States economy picked up and by growth, albeit modest, in domestic demand on the back of a slight improvement in remittances and foreign direct investment (FDI). Annual inflation, as at December, reached 5.4%, and the fiscal deficit stood at about 3.3% of GDP (just higher than the 3.1% of GDP posted in 2009). The trade deficit represented 10.8% of GDP and the balance-of-payments current account deficit was equivalent to 2% of GDP.
© United Nations
ISBN (PDF):
9789210550116
Book DOI:
https://doi.org/10.18356/a8cd6ba2-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Guatemala
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