Guatemala Profile:
- Guatemala, officially the Republic of Guatemala, is a country in Central America.
- The service sector is the largest component of GDP at 63%, followed by the industry sector at 23.8% and the agriculture sector at 13.2%.
- The agricultural sector accounts for about two-fifths of exports, and half of the labor force. Organic coffee, sugar, textiles, fresh vegetables, and bananas are the country’s main exports.
- Guatemala faces many social problems and is one of the poorest countries in Latin America. As of 2014, Guatemala ranks 31st of 33 among Latin American and Caribbean countries in terms of the Human Development Index.
- Guatemala is facing growing fiscal pressures, exacerbated by multiple corruption scandals that led to the resignation of the president, vice president and numerous high-level economic officials in 2015
Guatemala Economy:
- Guatemala is the most populous country in Central America with a GDP per capita roughly half the average for Latin America and the Caribbean.
- The agricultural sector accounts for 13.5% of GDP and 31% of the labor force; key agricultural exports include sugar, coffee, bananas, and vegetables.
- Guatemala is the top remittance recipient in Central America with the large expatriate community in the US. These inflows are a primary source of foreign income, equivalent to over one-half of the country’s exports and one-tenth of its GDP.
- The distribution of income remains highly unequal with the richest 20% of the population accounting for more than 51% of Guatemala’s overall consumption.
- More than half of the population is below the national poverty line, and 23% of the population lives in extreme poverty. Poverty among indigenous groups, which make up more than 40% of the population, averages 79%, with 40% of the indigenous population living in extreme poverty
Guatemala Facts:
- Population: 15.5 million
- Capital: Guatemala City
- Largest city: Guatemala City
- Area: 108,889 sq km
- Major language: Spanish (official) 68.9%, Maya languages 30.9%
- Major religion: Roman Catholic, Protestant, indigenous Mayan beliefs
- Life expectancy: 70.6 years (Male), 74.7 years (Female)
- Monetary unit: 1 Quetzal(GTQ) = 100 Centavos
- Main exports: Sugar, coffee, petroleum, apparel, bananas, fruits and vegetables, cardamom, manufacturing products, precious stones and metals, electricity
- GNI per Capita: $7,760
Our Market Research Services in Guatemala:
- Market Research Fieldwork in Guatemala
- Qualitative Research in Guatemala
- Quantitative Research in Guatemala
- Aerospace Market Research in Guatemala
- Automotive Market Research in Guatemala
- Life science Market Research in Guatemala
- Chemical Market Research in Guatemala
- Construction Market Research in Guatemala
- Consumer Goods Market Research in Guatemala
- Education Market Research in Guatemala
- Energy and Power Market Research in Guatemala
- Engineering Market Research in Guatemala
- Financial Market Research in Guatemala
- Food and Beverage Market Research in Guatemala
- Healthcare Market Research in Guatemala
- Hospital Market Research in Guatemala
- Hospitality Market Research in Guatemala
- Entertainment Market Research in Guatemala
- Medical Devices Market Research in Guatemala
- Metals and Mining Market Research in Guatemala
- Oil and Gas Market Research in Guatemala
- Pharmaceutical Market Research in Guatemala
- Retail Market Research in Guatemala
- Telecommunication Market Research in Guatemala
- Transportation Market Research in Guatemala
- Travel and Tourism Market Research in Guatemala
We Employ A Wide Range of Research Techniques in Guatemala:
- Advertising Research in Guatemala
- Brand Research in Guatemala
- B2B Research in Guatemala
- Concept Testing in Guatemala
- Consumer Research in Guatemala
- Customer Satisfaction Research in Guatemala
- Entertainment Research in Guatemala
- Ethnographic Research in Guatemala
- Eye Tracking and Facial Coding in Guatemala
- Focus Groups in Guatemala
- Sensory Research in Guatemala
- Healthcare Research in Guatemala
- Industrial Research in Guatemala
- Lifestyle Research in Guatemala
- Media Communication Research in Guatemala
- Mystery Shopping in Guatemala
- One-on-One Research in Guatemala
- Package Research in Guatemala
- Secondary Research in Guatemala
- Sensory Research in Guatemala
- Usability Testing in Guatemala
How Can We Help You?
Contact us at Global Vox Populi and submit a business inquiry online.
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