Guatemala Present Account to GDP

Present Account to GDP in Guatemala averaged -3.16 % of GDP from 1990 till 2021, reaching an all time excessive of 4.90 % of GDP in 2020 and a document low of -8.40 % of GDP in 1992. This web page offers – Guatemala Present Account to GDP – precise values, historic knowledge, forecast, chart, statistics, financial calendar and information. Guatemala Present Account to GDP – values, historic knowledge and charts – was final up to date on October of 2022.

Present Account to GDP in Guatemala is predicted to achieve 1.60 % of GDP by the top of 2022, in accordance with Buying and selling Economics international macro fashions and analysts expectations. Within the long-term, the Guatemala Present Account to GDP is projected to pattern round -0.60 % of GDP in 2023, in accordance with our econometric fashions.

Guatemala Present Account to GDP

The Present account stability as a % of GDP offers a sign on the extent of worldwide competitiveness of a rustic. Often, international locations recording a powerful present account surplus have an financial system closely depending on exports revenues, with excessive financial savings rankings however weak home demand. However, international locations recording a present account deficit have sturdy imports, a low saving charges and excessive private consumption charges as a share of disposable incomes.