Guatemala Economic Activity


Guatemala: Growth in economic activity drops to nine-month low in December

February 5, 2015

In December, economic activity increased 4.0% over the same month of the previous year, according to the monthly indicator for economic activity (IMAE, Indice Mensual de la Actividad Economica). The expansion marked a slight deceleration from November’s 4.2% rise and was the mildest expansion in nine months. Nevertheless, the indicator still points to robust growth in the Guatemalan economy.

Despite the slight deceleration, annual average growth in economic activity inched up from November’s 4.1% to 4.2% in December, which marked the fastest pace of growth in three years.

FocusEconomics Consensus Forecast participants see GDP growing 3.5% in 2015, which is unchanged from last month’s forecast. For 2016, panelists also expect the economy to expand 3.5%.

Author:, Economist

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Guatemala Economic Activity Chart

Guatemala Economic Activity December 2014

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

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