International Reserves in Guatemala

Guatemala International Reserves | Economic News & Forecasts

Guatemala - International Reserves

Covid-19 has drastically darkened the economic narrative in recent months. In April, remittances nosedived over the same month a year prior in tandem with skyrocketing unemployment in the U.S., where most remittances originate from. Contracting remittances, coupled with domestic containment measures, will weigh heavily on household consumption in the second quarter. This follows a first quarter in which the economy likely received a blow from the pandemic and worldwide restrictive measures adopted in March. However, data through February was relatively positive: Export growth accelerated notably in the period, while growth in the economic activity index was fairly robust. Government fiscal measures to mitigate the fallout now total around 3.4% of GDP, financed largely through new debt and World Bank and IADB loans, while authorities recently allowed some economic activities to resume.

Guatemala - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)7.8  9.2  11.8  12.8  14.8  

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Guatemala International Reserves Chart

Guatemala International Reserves
Note: International reserves in months of imports.
Source: Guatemala Central Bank and FocusEconomics calculations.

Guatemala Facts

Value Change Date
Exchange Rate7.710.22 %Jan 01

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