BIDeconomics Guatemala: Landscape of Opportunities

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Sep 2023
Guatemala has not succeeded in attracting sufficient investment to promote a more prosperous and inclusive society, despite having abundant resources and positive economic indicators. The country stands out among the economies in the region for its sustained economic growth, balanced fiscal accounts, credible monetary policy, and a strong external position. However, there have been few advancements in reducing social gaps. The lack of social and productive investment has been a key factor in this outcome, affecting access to basic services and limiting business growth. This document identifies the most significant opportunities for Guatemala's development and proposes three pillars of investment: people, entrepreneurial fabric, and institutions.