Guatemala: 49% More Companies Victims of Extortion

A survey by the Guatemalan Commerce Chamber revealed that 49.2% more companies were victims of extortion this semester.

Thursday, July 22, 2010

The survey also found that 41.3% of the Chamber’s members have been targets of extortion practices, while 60% believes the Government “is doing nothing” to solve the situation.

79% of the surveyed companies believe their revenue has decreased as a result of the crime situation, and 91.4% considers that the Army should take the streets to provide security.

Javier Zepeda, executive director of the Chamber, “noted that 80% of the companies invests 0.8% of their resources in hiring private security forces. ‘These are considerable amounts; they can be compared to an additional tax companies must pay’”.

More on this topic

Central America Insecurity Ranking

November 2012

The percentage of people who say they have been robbed or assaulted in the past four months: Honduras 33%, Guatemala 29%, El Salvador 28%, Panama, 22%, Costa Rica 21%, Nicaragua 19%.

Public Opinion Survey in Central America and the Dominican Republic by CID-Gallup.

November 2012

Costa Rica: Growth in Private Security Spending

June 2011

Firms spent $174 million in security for their businesses in 2009, however in 2010 the expenditure amounted to $190 million.

A study by the Costa Rican Chamber of Commerce reveals that 42% of those surveyed said they had been a victim of violence.

"... We are convinced that the government has not fulfilled its part, ...

Increase in Employers' Perceptions of Insecurity

June 2011

A survey by the Guatemalan Chamber of Commerce reveals that 89% of businessmen perceive an increase in insecurity.

Of a total of 1,206 employers surveyed between May 26 and June 3, 82.3% indicated that insecurity has risen by 20% in the first five months of 2011.

"Jorge Briz, chairman of the Chamber, announced the results of the report yesterday, in which 75.24 percent of employers reported - either themselves, an employee or a family member - having been victim of crime", noted an article by Sandra Valdez in

What Guatemalan Businessmen Think

April 2011

Results of the 48th Guatemalan Business Survey done by the Association for Research and Social Studies (ASIES).

Executive Summary

The perception of businessmen shows the challenges of economic recovery. The balanced opinion in production, income and employment variables indicate greater optimism.

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