Interest Rate in Guatemala

Guatemala Interest Rate | Economic News & Forecasts

Guatemala - Interest Rate

Economic growth slowed to a one-year low in Q1 due to weakening private consumption and a stronger drag from trade; meanwhile, Q2 data sent mixed signals. The economic activity index edged down in April–May and stronger inflation in Q2 should have dampened the impact of the notable acceleration in remittances growth on private expenditure. Politically, the government signed an asylum agreement with the U.S. on 26 July that is expected to come into effect in August. The deal forces Central American asylum seekers to apply for refugee status in Guatemala rather than in the U.S. However, the agreement faces a legal backlash domestically and could see an influx of immigrants in Guatemala. Meanwhile, the country gears up for a runoff presidential election on 11 August. While Alejandro Giammattei polls ahead of Sandra Torres, neither outcome should see a large change in the economic outlook.

Guatemala - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)5.00  4.00  3.00  3.00  2.75  

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Guatemala Interest Rate Chart

Guatemala Interest Rate
Note: Policy Interest Rate in %
Source: Guatemala Central Bank.

Guatemala Facts

Exchange Rate7.680.22 %Jul 31

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