Content type

Guatemalan External Sector Remains In A Healthy Position

Country Risk / Guatemala / Wed 18 Oct, 2023

Key View

  • We forecast that Guatemala’s current account surplus will widen significantly from 1.3% of GDP in 2022 to 3.5% in 2023, before narrowing back to around 2% in 2024.
  • The improvement in 2023 has been largely driven by strong remittance inflows and a decline in the price of imported energy products. The latter should fade somewhat as
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Private Consumption To Drive Guatemalan Recovery In 2021

Country Risk / Guatemala / Fri 08 Jan, 2021

Key View

  • Private consumption and external demand for Guatemalan goods will power real GDP growth in 2021 in Guatemala following the Covid-19-induced recession in 2020.
  • However, the landfall of two hurricanes in November 2020 and the continued spread of Covid-19 will restrain the economic recovery in H121.
  • At Fitch Solutions, we have
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Guatemala Port Dispute Poses Risks

Infrastructure / Guatemala / Thu 13 Sep, 2018

Key View

  • An ongoing dispute between port operator APM Terminals and Guatemala’s government could see the firm exit a key port concession in the country. 

  • The lack of an agreement between the two parties risks leading to a slowdown or stoppage of commercial activity at the port, posing a substantial threat to Guatemala’s logistics

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