Current Account in Guatemala

Guatemala Current Account | Economic News & Forecasts

Guatemala - Current Account

Second quarter data suggests the economy firmed up, with growth in the economic activity index accelerating slightly in April and remittances growth picking up in May–June. That said, while remittances growth should have supported household expenditure in the quarter, likely stronger inflationary pressures will have likely limited the expansion somewhat. Moreover, the merchandise trade deficit rose in April. This follows a weak first quarter as underlined by growth in the economic activity index moderating throughout the period, and amid rising inflation and a marked drop in remittances growth in the period. In the political arena, Sandra Torres and Alejandro Giammattei came out on top in the first round of the 16 June presidential election. A run-off vote is scheduled for 11 August.

Guatemala - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-2.6  -2.1  -0.2  1.5  1.6  

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Guatemala Current Account Chart

Guatemala Current Account
Note: Current account balance as % of GDP.
Source: Guatemala Central Bank and FocusEconomics calculations.

Guatemala Facts

Exchange Rate7.680.22 %Jul 11

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