Industry in Guatemala

Guatemala Industry | Economic News & Forecasts

Guatemala - Industry

Weaker growth dynamics appear to have carried over into the first quarter of the year, on the heels of the slight slowdown in the final quarter of last year. Although the monthly economic activity indicator picked up in March thanks to solid activity in key sectors, March’s result capped much weaker growth in Q1 than seen in the previous quarter. Moreover, although merchandise exports in March declined at a much softer pace than in February, the external sector is still likely to have detracted from growth in Q1. Turning to Q2, remittance inflows gained traction in April but the expansion remained well below the stellar growth reported throughout the second half of 2018. This suggests household spending will likely soften going forward.

Guatemala - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)3.5  4.6  3.7  3.0  1.9  

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Guatemala Facts

ValueChangeDate
Exchange Rate7.660.22 %May 13

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