Guatemala: Economic Outlook 2017

The Bank of Guatemala has left the monetary policy rate unchanged, citing uncertainty and weakness in the international context, and expects growth of 4.9% in GDP in 2017.

Thursday, December 1, 2016

In the domestic environment the Bank of Guatemala (Banguat) stressed that economic activity continues to record behavior consistent with the target range for 2016 (between 3.1% and 3.7%), which is reflected in the evolution of several economic activity indicators (Monthly Index of economic activity, bank credit to the private sector in domestic currency, volume of imports and remittances, among other things).

Sergio Recinos, the president of the Banguat said that "... 'Positive growth is expected in most branches of economic activity', including financial intermediation, electricity, trade, agriculture, manufacturing and construction." reports that   "...In the case of family remittances, this year they behaved dynamically which means that growth will be 13.6 percent and for 2017 it is not expected to increase."

See document by the Bank of Guatemala.

¿Busca soluciones de inteligencia comercial para su empresa?