Guatemala Economic Activity March 2022

Guatemala

Guatemala: Economic activity growth eases in March

May 13, 2022

Economic activity rose 4.3% year-on-year in March (February: +4.6% yoy). The result marked the worst reading since December 2021.

Nonetheless, the reading was supported by robust growth in the manufacturing, construction, real estate, commerce, and transportation and storage sectors.

GDP is seen expanding 4.1% in 2022. For 2023, our panelists expect the economy to grow 3.4%.


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Guatemala Economic Activity March 2022

Note: Year-on-year changes and annual average variation of economic activity in %.
Source: Guatemala Central Bank and FocusEconomics calculations.


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