Latinomics
Private memorandum · Nº 14

Guatemala, measured.

La región, leída de cerca.

Latinomics publishes curated economic intelligence on Guatemala and Central America for a select group of international investors. Independent, on the ground, and strictly limited in circulation.

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+3.6%
PIB · GDP 2024
$21.5B
Remesas · Remittances
7.74
GTQ/USD · Quote
Investigación · Research

Recent memoranda

Nº 14Flujos · Flows

Remittances set the floor

$21.5B in 2024 — 19% of GDP. Consumption holds even when everything else pauses.

JUL 2026 · BANGUAT
Nº 13Cambio · FX

The quetzal holds its line

7.74 GTQ/USD on deep reserves. What a stable quote hides, and what it guarantees.

JUN 2026 · SECMCA
Nº 12Infra

Ports, roads, and the northern corridor

Nearshoring is a logistics question. The corridor's numbers, measured on the ground.

MAY 2026 · INE
Datos · Data

The desk in numbers

Remittances to GuatemalaUSD BN · BANGUAT
'19'20'21'22'23'24
Key indicatorsANUAL · SECMCA
Indicador · Indicator20232024ΔFuente
Real GDP growth3.5%3.6%+0.1 ppBANGUAT
Inflation, eop4.2%3.1%−1.1 ppINE
Remittances$19.8B$21.5B+8.6%BANGUAT
GTQ/USD, avg7.837.74−1.1%BANGUAT
Fiscal balance−1.3%−1.5%−0.2 ppSECMCA

Restricted circulation.

Circulación restringida.

Memoranda are distributed to a limited list. Access is reviewed, not sold.