Guatemala

The Engine Of Central America

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Guatemala
Trade Paradise

The “Finance Times” and “fDi Magazine” have recognized Guatemala as the most suitable city for business based on economic benefits from 2019 – 2020 in the ‘Future Smart City in Americas’, which is why the city is often called the engine of Central America

About Guatemala

Guatemala is located in Central America, bordered by the Pacific Ocean to the west, the Caribbean Sea to the east, Mexico to the north, Belize to the northeast, and Honduras and El Salvador to the southeast. The people are kind and enthusiastic. Guatemala is known as “the heart of the Mayan world” with the Maya peoples accounting for 53% of the total population

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Basic Information about Guatemala

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Tourism of Guatemala

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Impressions of Guatemala

Trade Information

Overall economy of Guatemala is stable. Although affected by the epidemic in 2020, the economy receded by 1.5%, which is still comparably better than other Latin American countries. Guatemala’s exports haven’t been affected by the epidemic and have grown consistently. The export value in 2020 will reach 11.5 billion US dollars. Compared with 2019, annual growth is 3.5%. President of the Central Bank, Sergio Recinos, pointed out that if Guatemala can complete at least 70% of the population vaccinated before the second quarter of this year, its economic growth rate is estimated to be 3.5% once again.

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Source

  1. CIA World Factbook
  2. Bureau of Consular Affairs, Ministry of Foreign Affairs, ROC (Taiwan)
  3. Bureau of Foreign Trade, ROC (Taiwan)
  4. Comisión Presidencial de Gobierno Abierto y Electrónico
  5. Information provided by the Embassy of Guatemala in Taiwan
  6. Interviewed and written by the Taiwan Digital Diplomacy Association