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La Economía de Guatemala
2
Transcript
How does the Guatemalan economy compare to others?
- Guatemala has the biggest economy in Central America
- However, it's also extremely poverty stricken
- Similar to the U.S., much of Guatemala's GDP is composed of the service industry
Works Cited
Industry
- Society, National Geographic. "Guatemala Facts, Guatemala Flag -- National Geographic." National Geographic. N.p., n.d. Web. 26 Sept. 2016.
- "Guatemala Overview." Guatemala Overview. The World Bank, 20 Sept. 2016. Web. 26 Sept. 2016.
- "The World Factbook: GUATEMALA." Central Intelligence Agency. Central Intelligence Agency, n.d. Web. 26 Sept. 2016.
- Franz, Doug. "Comparing Guatemala’s Economy to the World – Part I." Semilla Nueva Growing Better Ideas For a Better Tomorrow RSS. N.p., n.d. Web. 26 Sept. 2016.
Economic Growth
Guatemala specializes in the production of:
- Sugar
- Clothing and Textiles
- Furniture
- Chemicals
- Agricultural products such as sugarcane, corn and bananas
- In the last 3 years, the GDP of Guatemala has seen significant growth.
- Projected growth for 2016: 3.6% ("Guatemala Overview")
- Signing of the Peace Accords in 1996 brought more stability
Exports
Most of Guatemala's exports are food items and include:
- Coffee
- Sugar
- Bananas
- Cardamom
New Industries
- The government has been trying to create a shift in focus from agriculture and textiles into manufacturing and tourism
- Guatemala is filled with artifacts & historical sights from the Mayan civilization making this transition a real possibility
La Economía de Guatemala
Megha Batra
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