Exports in Guatemala

Guatemala Exports | Economic News & Forecasts

Guatemala - Exports

Economic growth cooled in the fourth quarter of last year on the back of a softer expansion in domestic demand. Moreover, the external sector’s performance also moderated, as exports eased more strongly than imports. Turning to the first quarter of this year, economic activity is likely to have continued to slow. On average, growth in the monthly economic activity index moderated in January–February, hitting a one-year low in February. However, the data still pointed to a robust pace of growth. Household consumption in the quarter should have shifted into a lower gear. Remittances expanded at a more moderate pace, while inflationary forces intensified and reached a 10-month high in March amid the fallout of the war in Ukraine, which sent energy prices spiraling. Turning to the current quarter, remittances in USD reached an all-time high in April, boding well for private consumption.

Guatemala - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)10.7  10.4  11.0  11.0  11.2  

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Guatemala Facts

Value Change Date
Exchange Rate7.710.22 %Jan 01

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