Fiscal Balance in Guatemala

Guatemala Fiscal Balance | Economic News & Forecasts

Guatemala - Fiscal Balance

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 - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-2.1  -1.9  -1.4  -1.1  -1.3  

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Guatemala Facts

Exchange Rate7.680.22 %Jul 11

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