Guatemala Exporter Guide Annual 2010
Guatemala has Central America’s largest economy, accounting for almost one-third of the region’s gross domestic product (GDP). Guatemala’s GDP in 2009 totaled US$38.9 billion, and grew at the rate of 0.9 percent compared to the previous year. According to the Bank of Guatemala, inflation rate is forecast at 5 percent. Agriculture is the principal contributor to the production of goods and the economy relies on the incomes generated by the tourism sector, remittances from the U.S. and international trade, especially exports of goods to the United States.