Guatemala

Guatemala, located in the region of Latin America & Caribbean , is an internationally classified economy with a "Upper middle income" income level. It is home to a demographic force of approximately 18.7 million inhabitants.

From a quantitative perspective, The macroeconomic structure maintains a baseline trajectory with a growth of 4.3% and a CPI of 1.5%. A sustained disinflationary cycle stands out positively, reducing the CPI by 4.7 points from its recent peaks. On a competitive level, it outperforms the regional average of Latin America & Caribbean (2.3%) by a wide margin.

Delving deeper into its institutional metrics, The external profile shows vulnerability due to a deep trade deficit, where imports exceed exports by a margin of 15.4% of GDP.

With a per capita income of $6,598, the country attempts to navigate the 'middle-income trap' by sophisticating its productive matrix.