Guatemala
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2002-2003 , pp 215-223
- Publication Date: December 2003
- DOI: https://doi.org/10.18356/be8439e1-en
- Language: English
Guatemala’s economic performance showed marked contrasts in 2002. Significant macroeconomic imbalances were corrected as inflation went down and the fiscal deficit narrowed, but GDP growth, at 2.2%, slowed down for the fourth year running, while the trade deficit widened to 12% of GDP. The current-account deficit contracted thanks to the extraordinary flow of remittances. In addition, the influx of short-term capital and loan disbursements increased international reserves.
© United Nations
ISBN (PDF):
9789211558777
Book DOI:
https://doi.org/10.18356/1802ae64-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Guatemala
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