Guatemala officially the Republic of Guatemala is a country in Central America bordered by Mexico to the north and west, the Pacific Ocean to the south west, Belize to the north east, the Caribbean to the east, Honduras to the east and El Salvador to the south east. With an estimated population of around 15.8 million, it is the most populous state in Central America. A representative democracyMajority rule, by which the biggest proportion of members of..., Guatemala’s capitalThe net worth of a business, including assets, cash, propert... and largest city is Nueva Guatemala de la Asunción, also known as Guatemala City.
Guatemala has been one of the strongest economic performers in Latin America in recent years, with a GDP growth rate of 3.0 percent since 2012, and 4.1 percent in 2015. Economic projections for 2016 show that the country will grow by 3.6 percent. Guatemalan GDP reached an estimated USD 63.9 billion in 2015, and sources anticipate a 4.1 percent growth rate in 2015. The United States and Guatemala enjoy a growing tradeThe buying and selling or exchange of goods and services. Th... relationship, which became even stronger after the entering into force of the U.S.-Central America-Dominican Republic Free Trade AgreementAn agreement, usually between countries, to limit or change ... (CAFTA-DR). As of January 1, 2015, 100 percent of U.S. consumerAn individual who uses goods and services but who may not ha... and industrial goods enter the CAFTA-DR countries duty free (for goods that meet the country of origin requirements). The United States is Guatemala’s largest trading partner accounting for nearly 40 percent of Guatemala’s tradeThe buying and selling or exchange of goods and services. Th....
Facts: Republic of Guatemala: Guatemala City, Population: 15 million, Major languages: Spanish, more than 20 indigenous languages, Major religions: Christianity and indigenous Mayan beliefs, Life expectancy: 68 years (men), 75 years (women), Currency: quetzal.
Important Details
- Country ISO3:GTM
- Country Code:320
- Income Group:Latin America & Caribbean
- Lending Category:Lower middle income
- Region:IBRD
- Currency Unit:Quetzal
- WTO Member:YES
- TradeThe buying and selling or exchange of goods and services. Th... organisations:Not available
- world rank:82
- Regional Ranking:15th in the South and Central America/Caribbean Region