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Saturday, September 12, 2026 · Guatemala CityQ7.6282 per US$+0.00%
ADVANCE GUATEMALA
Fuego volcano erupting, seen from Guatemala City.

Economy

The economy, in verified figures.

Quarterly output, the fourteen sectors by weight, labor, prices and remittances — read from Banco de Guatemala and INE.

Jose Hernandez · CC BY-SA 2.0

Q248,641 M

Nominal GDP · Q1 2026 · banguat_sdmx

The economy

GDP as of Q1 2026

Gross domestic product, nominal

Q248,641 M

Q1 2026 · banguat_sdmx

The World Bank recorded 4.3% real growth in 2025 — the IMF's estimate for the same year is 4.1%; for 2026 the IMF projects 3.9%. When sources differ we print both — the gap is information.

* worldbank_wdi 2025 · imf_datamapper 2026

Labor informality

64.9%Q1 2026

Share of employment outside the formal system · ENEIC, Q1 2026

  • Labor participation64.2%
  • Open unemployment2.2%
  • Visible underemployment12.9%

Fiscal accounts

MINFIN MEFP figures, verified manual captures from the fiscal-statistics portal: quetzal rows = consolidated general government, cumulative for the year through the quarter shown, preliminary; the fiscal result in % of GDP is the budgetary central government (annual report, a narrower perimeter). Debt is the IMF annual series.

What got more expensive

2026-08
  • economy.cpi.item_722101+55.6%
  • economy.cpi.gb_0117116+38.2%
  • economy.cpi.item_117101+35.8%
  • economy.cpi.gb_0732101−52.9%

Year-over-year change by CPI division · INE. The three fastest risers and the one decliner. The monthly headline rate is withheld while two official index bases disagree (ISS-CPI-01).

The fourteen divisions, by weight among themselves

banguat_sdmx · gdp_sector series, 14 divisions · share OF THE FOURTEEN SUMMED, not of GDP · nominal y/y change, not deflated

Family remittances, monthly

US$2,327.7 M−1.7% y/y2026-08

296 months of series · 12-month trailing mean · banguat_sdmx · remittances_monthly_usd

Agriculture and livestock

Agriculture and livestock

1.3%of output

Salix Oculus · CC BY-SA 4.0

Trade and repair

Trade and repair

2.6%of output

roger4336 (Roger Wollstadt) · CC BY-SA 2.0

Electricity and water

Electricity and water

0.3%of output

INDE · CC BY-SA 3.0

See all 7622 verified indicators →

Each division, with its frame

Output, division by division

Pick a division and the archive shows its weight among the fourteen, its value for the quarter and its change — with the photograph the register assigns it. Six divisions have no photograph and say so: this archive does not illustrate with pictures that are not theirs.

The photographic register holds no frame for this division. None is borrowed: a photograph is a claim, and this archive does not claim what it cannot support.

Weight among the fourteen
10.2%
Value for the quarter
Q198,642 M
Nominal year-over-year change
+6.3%

gdp_sector_trade_annual_gtq · 2025 · share of the fourteen summed, not of GDP

trade_annual · 10.2% · Q198,642 M · +6.3% · The photographic register holds no frame for this division. None is borrowed: a photograph is a claim, and this archive does not claim what it cannot support.

Guatemala now

Data close: Sep 12, 2026, 06:30
Reference exchange rate
Q7.6282
0.00% vs. previous day

tap or hover the line to read it

Jul 19, 2026Sep 12, 2026

55-day range: Q7.6182 – Q7.6350

1 Banguat · 2026-09-12T12:30Z2 Banguat · 2026-09-09T12:30Z

−1.7%y/y+4.4%y/y+2.20 ptsy/y+0.22 ptsy/y+14.5%y/y−53.2%y/y+15.0%y/y

Quarterly FDI above is a single quarter's print. The full series, every stored quarter, is on Invest →

In depth

The country's risk file.

In research — sources cited, not yet in the verified archive

217 topics

Sovereign ratings and their trajectory, public debt, reserves and the currency, the weight of remittances, governance and disaster exposure — read from the rating agencies, the IMF and the World Bank, and set beside the rest of Central America.

The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.

Sovereign rating and country risk

39 topics
See the other 31

Apparel and textiles

10 topics
See the other 2

Agribusiness: coffee, cardamom, sugar

7 topics

Mining, and its regulatory risk

4 topics

Call centers and BPO

3 topics

Tourism, as a sector

1 topic

Power: auctions and the spot price

2 topics

Light manufacturing and wire harnesses

1 topic

Food and beverages

1 topic

Construction and cement

1 topic

Exports and destination markets

1 topic

The incentives, seen by sector

1 topic

Where the sector series live

1 topic

What the atlas could not confirm

1 topic

Foreign investment, in figures

35 topics
See the other 27

The country, department by department

32 topics
See the other 24

Guatemala against the region

32 topics
See the other 24

All research

45 topics
See the other 37

This layer is research: read from public sources by the archive's own team, every claim cited with the date it was consulted, and audited where it is marked so. It has not entered the verified store — no figure here was fetched back from its source or stamped with a retrieval time — so it wears no red provenance numeral and never mixes with the verified figures.

Companies with an investment precedent

In research — sources cited, not yet in the verified archive

60 organizations · and 73 more

See the other 73 in the directory

Who has already invested here, under which regime and to what end — including the ones that closed — assembled from press, public registries and the companies' own statements. Amounts and jobs are announced figures, not audited ones.

  • Yazaki

    What it offers
    Anchor greenfield auto-parts case: plant 1 in Ayutla (2023, 850-1,000 jobs) and plant 2 in Pajapita (35,000 m², ~3,500 jobs, harnesses for the Ford F-150, start planned for Sep-2027) under its own ZDEEP with ZOLIC.the US$250 million figure for plant 2 is a press figure; the corporate release does not specify it
    Location
    Ayutla y Pajapita, San Marcos

  • Tigo Guatemala (Millicom / Comcel)

    What it offers
    One of the two operators in the mobile duopoly; enterprise connectivity (Tigo Business), a Fraijanes data center built to Tier III standards; protagonist of the largest recorded purchase (Millicom acquired the remaining 45% for US$2,200 million, 2021).the data center certification is a promotional claim; industrial connectivity costs not published
    Location
    —

  • Claro Guatemala (América Móvil)

    What it offers
    The second operator in the mobile duopoly; a data center with declared ICREA Level IV certification and operation of the AMX-1 cable landing station; it absorbed Telefónica's operation (2019, US$333 million).the data center certification is the operator's promotional claim; industrial connectivity costs not published
    Location
    —

  • Telefónica (salida 2019)· No site published

    What it offers
    Divestment case: it sold its Guatemalan operation to América Móvil for US$333 million (2019); the parallel sale in El Salvador failed on regulatory obstacles, while the Guatemalan one did close.figure from a secondary source (Wikipedia) — verify against América Móvil's material disclosure
    Location
    —

  • TELUS Digital· No site published

    What it offers
    International player in the Contact Center & BPO sector present in Guatemala (cited by AGEXPORT and Invest Guatemala).entry dates, sites and jobs to be verified
    Location
    —

  • Alorica· No site published

    What it offers
    International player in the Contact Center & BPO sector present in Guatemala (cited by AGEXPORT and Invest Guatemala).operational details to be verified
    Location
    —

  • Concentrix· No site published

    What it offers
    International player in the Contact Center & BPO sector; it announced 500 new jobs in early 2026.the expansion announcement comes from a weak secondary source — verify
    Location
    —

  • Teleperformance· No site published

    What it offers
    International player in the Contact Center & BPO sector present in Guatemala (cited by AGEXPORT and Invest Guatemala).operational details to be verified
    Location
    —

  • Atento· No site published

    What it offers
    International player in the Contact Center & BPO sector present in Guatemala (cited by AGEXPORT and Invest Guatemala).operational details to be verified
    Location
    —

  • Genpact· No site published

    What it offers
    International player in the Contact Center & BPO sector present in Guatemala (cited by AGEXPORT and Invest Guatemala).operational details to be verified
    Location
    —

  • Capgemini· No site published

    What it offers
    International player in the Contact Center & BPO sector present in Guatemala (cited by AGEXPORT and Invest Guatemala).operational details to be verified
    Location
    —

  • Conduent· No site published

    What it offers
    International player in the Contact Center & BPO sector present in Guatemala (cited by AGEXPORT and Invest Guatemala).operational details to be verified
    Location
    —

  • [24]7.ai· No site published

    What it offers
    International player in the Contact Center & BPO sector present in Guatemala (cited by AGEXPORT and Invest Guatemala).not to be confused with '24-7 Intouch', whose presence was not confirmed
    Location
    —

  • Allied Global

    What it offers
    Locally owned BPO; it publishes salary benchmarks for the bilingual market (entry-level agent Q5,500-8,500 base according to its own guide).the published salary ranges are a commercial/promotional claim — verify
    Location
    —

  • Pronto BPO· No site published

    What it offers
    Locally owned BPO cited among the sector's players.operational details to be verified
    Location
    —

  • VXI· No site published

    What it offers
    International player in the Contact Center & BPO sector present in Guatemala (cited by AGEXPORT and Invest Guatemala).operational details to be verified
    Location
    —

  • Everise· No site published

    What it offers
    International player in the Contact Center & BPO sector present in Guatemala (cited by AGEXPORT and Invest Guatemala).operational details to be verified
    Location
    —

  • Nestlé Guatemala· No site published

    What it offers
    Reinvestment case by a consumer multinational: more than US$85 million over 5 years (to 2024), ~1,800 employees, a regional distribution center and a data-analytics and AI center (>US$5 million).figures based on corporate releases — treat as a promotional claim and verify
    Location
    —

  • Walmart de México y Centroamérica

    What it offers
    Case of entry into retail by acquisition (CARHCO/La Fragua 2005; full control 2009); it operates Walmart, Paiz, Despensa Familiar and Maxi Despensa.investment amount specific to Guatemala not found
    Location
    —

  • CMI — Corporación Multi Inversiones

    What it offers
    Guatemalan conglomerate (founded 1920, ~54,000 employees, 15+ countries): milling, poultry (Pollo Campero), restaurants, real estate, finance and energy; a potential JV or acquisition partner.figures from the company itself (promotional)
    Location
    —

  • Cervecería Centro Americana

    What it offers
    Dominant player in beer (founded 1886; the Gallo brand since 1896); a reference point for the entry barrier that local distribution conglomerates impose.a private company that publishes neither production figures nor market share; the relationship with AB InBev unverified
    Location
    Finca El Zapote, zona 2, Guatemala City

  • cbc / Beliv

    What it offers
    Guatemala-based multi-country bottler for PepsiCo.not investigated in depth in the dossiers; figures and structure to be verified
    Location
    —

  • Fogel· No site published

    What it offers
    Local manufacturer of commercial refrigeration with an export market; a US$50 million plant expansion announced in 2026.figure cited via Invest Guatemala/the press — verify
    Location
    Villa Canales, Guatemala

  • Cementos Progreso (CEMPRO)

    What it offers
    Near-monopoly in cement and a case of outbound FDI (it bought Cemex's operations in CR/SV for US$335 million); the San Gabriel plant has reported capacity of 2.2-3 million t/year depending on the source.the San Gabriel investment amount differs between sources (US$500 million to ~US$1,000 million); a history of community conflict in San Juan Sacatepéquez
    Location
    San Juan Sacatepéquez, Guatemala (planta San Gabriel)

  • Denimatrix· No site published

    What it offers
    Vertically integrated denim (successor to Koramsa + PCCA); it produces for brands such as Abercrombie & Fitch, American Eagle, Lacoste and Michael Kors.the client list comes from a promotional profile — verify
    Location
    37 Avenida 3-13, zona 7, Col. El Rodeo, Guatemala City

  • Hansae· No site published

    What it offers
    The Korean textile anchor tenant at Michatoya Pacífico: US$25 million, 500,000 m², 8,000-10,000 projected direct jobs, start-up in 2026 (Prensa Libre).Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    Michatoya Pacífico, Palín, Escuintla

  • ShinWon· No site published

    What it offers
    A Korean textile anchor tenant at Michatoya Pacífico: US$12.5 million, 250,000 m², 4,000 projected jobs (Prensa Libre).Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    Michatoya Pacífico, Palín, Escuintla

  • Pan American Silver — Mina Escobal

    What it offers
    The most-cited case of regulatory and social risk: a large-scale silver mine (reserves of 264.5 million ounces) suspended since 2017 pending the ILO Convention 169 consultation with the Xinka People.suspended; the exact content of the Xinka Parliament's June 2026 decision to be verified before publication
    Location
    San Rafael Las Flores, Santa Rosa

  • Aura Minerals — Proyecto Cerro Blanco· No site published

    What it offers
    A gold project acquired from Bluestone Resources (January 2025); a new phase of work is under way.the open-pit mining approval was annulled by the Environment Ministry (MARN) (June 2024); active community opposition (the 2022 municipal consultation voted against)
    Location
    Asunción Mita, Jutiapa

  • Fenix Minerales / Fenix Metales (ex CGN/ProNiCo, ex Solway) — Mina Fénix· No site published

    What it offers
    The El Estor nickel complex; it restarted operations in May 2026 under a new parent company (Fenix Nickel Company LLC, New York).CGN and ProNiCo were sanctioned by OFAC (November 2022, Global Magnitsky; now off the SDN list, delisting date still to be located); community consultations still contested
    Location
    El Estor, Izabal

  • RDC — Railroad Development Corporation· No site published

    What it offers
    The US parent of Ferrovías Guatemala; it won the CAFTA-DR arbitration against Guatemala (2012 award) and reported having collected US$14.6 million.Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    —

  • Ferrovías Guatemala

    What it offers
    The sole legal usufructuary of the railway assets (Contract 402); it has declared projects to interconnect with Mexico and to rehabilitate Puerto Quetzal-Santa Lucía ('Tren Bicentenario').the network runs no regular freight service; the projects are declared by the usufructuary — to be verified
    Location
    —

  • Iberdrola Energía· No site published

    What it offers
    The benchmark ISDS case: two arbitrations against Guatemala over EEGSA (ICSID 2012 and PCA 2020), neither of which produced an award against the State.Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    —

  • TECO Guatemala Holdings· No site published

    What it offers
    An ISDS case won against Guatemala under CAFTA-DR (EEGSA): a 2020 resubmission award of US$26,793,001 plus US$838,784 in interest (ICSID).the payment detail (US$37.3 million according to GAR) to be confirmed
    Location
    —

  • IC Power Asia Development· No site published

    What it offers
    An ISDS case (Energuate/DEORSA-DEOCSA) dismissed by a majority in 2020; no award against Guatemala.the treaty invoked (the Israel-Guatemala BIT) to be confirmed
    Location
    —

  • Kappes, Cassiday & Associates (KCA) / Exmingua· No site published

    What it offers
    A mining ISDS case (the Progreso VII Derivada project, its license suspended for want of prior consultation): the tribunal found CAFTA-DR breaches but awarded no damages (December 2025 award).Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    —

  • Grupo Energía Bogotá (GEB)· No site published

    What it offers
    Claimant (together with TRECSA) in pending ICSID arbitrations against Guatemala over the PET-2008 transmission plan; it claims more than US$400 million.the GEB/TRECSA II case has neither a verified case number nor a verified status
    Location
    —

  • TRECSA — Transportadora de Energía de Centroamérica· No site published

    What it offers
    The electricity transmission company (a GEB subsidiary) that carries out PET-2008; a party to the GEB/TRECSA arbitrations against Guatemala.Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    —

  • EEGSA — Empresa Eléctrica de Guatemala

    What it offers
    The electricity distributor for the most industrialized departments (Guatemala, Escuintla, Sacatepéquez; around 40% of the country's energy, coverage over 99% in its area); part of Grupo EPM (Colombia).Reference card: company cited as a case described from public sources; its site answered the last automated check (2026-08-31). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    Guatemala, Escuintla y Sacatepéquez (parcial en Santa Rosa y Chimaltenango)

  • Energuate (DEOCSA + DEORSA)· No site published

    What it offers
    The electricity distributor for the rest of the country (around 2.5 million customers according to 2023 press reports); owned by Threelands Energy Ltd since 2023.the customer figure comes from 2023 press reports — check whether it still holds
    Location
    —

  • RECSA (transportista eléctrica)· No site published

    What it offers
    A transmission company in the electricity system registered with the Wholesale Market Administrator (AMM); its tolls are updated by resolution of the National Electric Energy Commission (CNEE).Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    —

  • TRELEC

    What it offers
    A private electricity transmission company with network expansion projects.Reference card: company cited as a case described from public sources; its site answered the last automated check (2026-08-31). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    —

  • Telxius· No site published

    What it offers
    A submarine-cable infrastructure partner: it operates SPCS/Mistral (Puerto San José) and is developing AMX3/Tikal with América Móvil (Puerto Barrios-Boca Raton, around 190 Tbps).Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    —

  • Puma Energy Guatemala· No site published

    What it offers
    The single user of the Puma 1 ZDEEP (Escuintla), in operation since 2022.Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    Escuintla

  • Green Fabric· No site published

    What it offers
    A stevia processor, the single user of the Miel Verde ZDEEP (Río Hondo, Zacapa).Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    Río Hondo, Zacapa

  • Spectrumindustrialpark@synergy.com.gt, (502) 2208-1111

    What it offers
    The property arm developing Synergy Industrial Park.Reference card: company cited as a case described from public sources; its site answered the last automated check (2026-08-31). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    Escuintla

  • Grupo Pantaleon· No site published

    What it offers
    A Guatemalan agro-industrial group, co-developer of Synergy Industrial Park.Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    Escuintla

  • McKinsey & Company· No site published

    What it offers
    The consultancy that wrote the proposal from which Guatemala No Se Detiene grew (2020); it opened operations in Guatemala in that context.Reference card: company cited as a case described from public sources; no verified website is known for it (2026-09-02). Confirm contact details, current status and offer directly with the entity before acting.
    Location
    —

  • Marhnos S.A.· No site published

    What it offers
    Former concession holder (1997-2023) of the Palín-Escuintla motorway, the route out to Puerto Quetzal; the road has been run by the Ministry of Communications (CIV) since 2023.the concession expired on 30 April 2023; historical reference only
    Location
    —

  • CIGSA — Corredor Interoceánico de Guatemala· No site published

    What it offers
    The private promoter of the 372 km Atlantic-Pacific 'dry canal' (declared value US$15,000 million) and of the Ciudad Portuaria San Jorge at Puerto Barrios (a plan for 7.5 million TEU a year).all the figures are promotional claims by the developer — to be verified; the project has been in planning for more than two decades
    Location
    Puerto Barrios, Izabal

  • Yilport Guatemala (Yildirim Holding)

    What it offers
    A mobile-crane services provider at the quays of the Quetzal Port Authority (EPQ) (4 cranes contracted for containers, break-bulk and bulk cargo).the real scope of the agreement with EPQ is contradictory between sources (cranes only, or a larger stake?) — to be verified
    Location
    Puerto Quetzal, Escuintla

  • Sae-A Trading / Sae A International S.A. (Corea)· No site published

    What it offers
    Precedent: garment plants in Mixco and Villa Nueva; in February 2019 it announced a polyester chemical-fiber, fabric and dyeing complex of around US$400 million (Prensa Libre) or around US$200 million (Just Style) with 1,500-2,000 jobs; it operates as a trading company (it bought from KOA Modas on Target's behalf) and contributed US$3.3 million as a 'humanitarian contribution' in that casesources disagree on the amount for the complex (US$400 million vs around US$200 million); no confirmation that it was built — the last signal was 'under review' (July 2019); the start date in Guatemala is not on record
    Location
    1a. Avenida La Brigada 13-30, zona 7 de Mixco, Col. San Ignacio (Guatemala); plantas en Mixco y Villa Nueva

  • KOA Modas (Corea)· No site published

    What it offers
    A negative precedent: it closed in February 2025 without paying severance to more than 750 workers; a Worker Rights Consortium investigation documented forced overtime, abuse and union repression; the workers recovered around US$6 million; Target ended the relationshipclosed (February 2025)
    Location
    —

  • Koramsa· No site published

    What it offers
    Precedent: 250,000 jeans a week with 9,000 workers in early 2008; it announced around 4,000 redundancies in November 2008 because of the crisis ('Guatemala's leading maquila'); its key assets were bought by PCCA and relaunched as Denimatrix (February 2009)'the largest maquila in Latin America', 'more than 7,000 jobs at closure', an order fall of around 50% from August to October 2008 and rehiring from 200: to be verified (the Clothesource URL returned 404)
    Location
    Ciudad de Guatemala (núcleo zona 7, El Rodeo)

  • Plains Cotton Cooperative Association (PCCA)

    What it offers
    A Texan cotton cooperative that bought key Koramsa assets and created Denimatrix LP (February 2009), 'the first vertically integrated chain from raw cotton to finished jean in the western hemisphere' according to the buyera claim by the buyer itself
    Location
    Texas, United States

  • Grupo Karim's (Pakistán/Honduras)

    What it offers
    A regional textile group (GK Textiles, Green Valley; US$236 million in projects in 2022-2023 in Honduras)the claim that 'American Textile & Apparel (labels) operates in Guatemala' does not appear on the page cited — Not found; confirm with VESTEX or drop it
    Location
    Honduras (sin planta ni parque hallado en Guatemala)

  • "Winners"· No site published

    What it offers
    A name from the brief with no citable counterpart as a Guatemalan maquilanot identified — confirm the registered name with VESTEX or drop it
    Location
    —

  • Empresa textil coreana (anuncio 26-nov-2020, nombre no publicado)· No site published

    What it offers
    A benchmark for a small niche plant: US$20 million (around Q150 million), around 130 jobs, fabrics to supply other factories in the regionthe Prensa Libre report does not publish the company's name
    Location
    Villa Nueva, Guatemala

  • Sistema Coca-Cola Guatemala / Fundación Coca-Cola· No site published

    What it offers
    Beverage plant case: water replenishment projects ('giving back to nature') with more than 10,000 beneficiariesPromotional claim (News in America, 2025)
    Location
    —

  • GTD· No site published

    What it offers
    Regional reference for waterless data center design: air cooling with free cooling and closed circuits; a declared WUE = 0 across all its data centersCorporate claim; the source does not mention Guatemala — a regional reference, not a local case (corrected at verification)
    Location
    Chile, Perú y Colombia
All research →