Guatemala
The Mayan civilization flourished in Guatemala and surrounding regions during the first millennium A.D. After almost three centuries as a Spanish colony, Guatemala won its independence in 1821. During the second half of the 20th century, it experienced a variety of military and civilian governments, as well as a 36-year guerrilla war. In 1996, the government signed a peace agreement formally ending the conflict, which had left more than 100,000 people dead and had created, by some estimates, some 1 million refugees.[1]
Economical characteristics
- Currency: Quetzal (ISO code: GTQ)
- Central bank discount rate: NA%[1]
- Commercial banks lending rate: 13.39% (31 December 2008)[1]
- Stock of money (M1): $6.106 billion (31 December 2008)[1]
- Quasi money (with M1 makes M2): $9.7 billion (31 December 2008)[1]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[2] | 18 317 | 19 291 | 18 703 | 20 777 | 21 918 | 23 965 | 27 211 | 30 231 | 34 031 | 38 983 |
| Govt. debt (% of GDP)[3] | 13.470 | 16.984 | 19.947 | 18.394 | 20.711 | 21.786 | 21.262 | 21.877 | 21.688 | 20.136 |
| Govt. revenue (% of GDP)[4] | 10.324 | 10.154 | 11.992 | 12.492 | 12.248 | 12.118 | 11.748 | 12.501 | 12.676 | 11.907 |
| Govt. expenses (% of GDP)[5] | 10.518 | 10.940 | 13.186 | 12.774 | 14.346 | 12.670 | 12.834 | 13.012 | 12.487 | 11.730 |
| Debt to revenue (years) | 1.305 | 1.673 | 1.663 | 1.472 | 1.691 | 1.798 | 1.810 | 1.750 | 1.711 | 1.691 |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 Cite error: Invalid
<ref>tag; no text was provided for refs namedCIA_GT - ↑ World Bank. "Guatemala: GDP", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Guatemala: government debt", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Guatemala: government revenue", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Guatemala: government expenses", from World Bank Data. Referenced 2010-09-30.
Links
- Guatemala on Wikipedia
- Central bank of Guatemala
- Country profile (pdf) from the Enterprise Studies page (part of the The World Bank Group)
- BBC country profile