Foreign Investment Falls 7.2% in Guatemala

$631 million have entered the country between January and June, 7.2% less than the $680 million during the same period in 2008.

Friday, June 26, 2009

Business Chamber Directors blame the decrease on a reduction of liquidity globally and a deterioration of the image of the country caused by the lack of security.

Jessica Gramajo in her article for interviews the Executive Director of the Guatemalan American Chamber of Commerce (AmCham), Carolina Castellanos: “Guatemala isn’t working much to attract investments. The main problem…, is the lack of security for citizens; specially the crisis generated by the assassination of the lawyer Rodrigo Rosenberg.”

More on this topic

Investment Flows: Central vs. Latin America

August 2016

Bucking the historical trend, since 2013 the isthmus has taken off positively as an investment destination compared to other Latin American countries.

A study by the CABI highlights how in recent years the Central American region, including the Dominican Republic, has been "seen with new eyes" by the rest of the world, as demonstrated by a study on Gross Capital Formation and Imports of Capital Goods variables, in Latin American countries.

Guatemala: Foreign Investment Stagnates

December 2011

The country is not able to attract the capital that flows into the region, despite being the largest economy.

Costa Rica and Honduras are the countries who received the most foreign direct investment in Central America in 2011, leaving behind Guatemala near the bottom of the list.

Foreign investment in Guatemala decreases

December 2008

The flow of foreign investment has had its ups and downs in the last few years, and is expected to close this year, 2008, with a slowdown of 7% compared to last year.

In 2007, the growth of Foreign Direct Investment was 22.3 percent, while this year it closed at 15.8%, according to estimates from Invest in Guatemala, that were presented yesterday.

Foreign investment falls 28% in Costa Rica

July 2008

Foreign direct investment (FDI), which for years has helped finance Costa Rica's current account deficit, fell by 28 percent in the first quarter of this year compared to the same period in 2007.

Central Bank figures show that lst year FDI was equal to 1.2 times the current account deficit in the balance of payments.

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