IMF Staff Country Reports

Guatemala: Recent Economic Developments

Publication Date:

July 20, 1995

Summary:

This paper reviews economic developments in Guatemala during 1990–95. In 1993–94, output growth was led by a buoyant services sector while activities in the primary and secondary sectors slowed. Domestic demand grew strongly in 1991–92 owing to a substantial expansion in private investment and an increase in consumption. Growth of domestic demand slowed in 1993–94 because of sluggishness in private fixed capital formation. The rate of inflation fell from 60 percent in 1990 to 11½ percent in 1993–94.

Series:

Country Report No. 1995/057

Subject:

Agricultural commodities Banking Commodities Credit Economic sectors Exports External debt International trade Money Public sector

Notes:

This report on recent economic developments in Guatemala was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.