Guatemala: Recent Economic Developments

International Monetary Fund

No 1995/057, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Guatemala during 1990–95. In 1993–94, output growth was led by a buoyant services sector while activities in the primary and secondary sectors slowed. Domestic demand grew strongly in 1991–92 owing to a substantial expansion in private investment and an increase in consumption. Growth of domestic demand slowed in 1993–94 because of sluggishness in private fixed capital formation. The rate of inflation fell from 60 percent in 1990 to 11½ percent in 1993–94.

Keywords: ISCR; CR; balance of payments; unit price; net credit; primary sector; credit condition; credit policy; inflation rate; long-term debt; market share; net inflow; Public sector; Exports; Credit; Agricultural commodities; Central America; Western Hemisphere (search for similar items in EconPapers)
Pages: 136
Date: 1995-07-20
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