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Economy of Guatemala : ウィキペディア英語版
Economy of Guatemala

Guatemala is the most populous of the Central American countries with a GDP per capita roughly one-third that of Brazil's.〔http://data.worldbank.org/indicator/NY.GDP.PCAP.CD〕 Coffee, sugar, and bananas are the main products. The 1996 signing of peace accords, which ended 36 years of civil war, removed a major obstacle to foreign investment, and Guatemala since then has pursued important reforms and macroeconomic stabilization. On 1 July 2006, the Central American Free Trade Agreement (CAFTA) entered into force between the US and Guatemala and has since spurred increased investment in the export sector. The distribution of income remains highly unequal with 12% of the population living below the international poverty line.〔http://www.unicef.org/infobycountry/guatemala_statistics.html〕 Given Guatemala's large expatriate community in the United States, it is the top remittance recipient in Central America, with inflows serving as a primary source of foreign income equivalent to nearly two-thirds of exports.
Guatemala's Gross domestic product for 1990 was estimated at $19.1 billion, with real growth slowing to approximately 3.3%. Ten years later in 2000 it rose by 1 to 4% and in 2010 it decreased back to 3% (World Bank). After the signing of the final peace accord in December 1996, Guatemala was well-positioned for rapid economic growth over the next 10 years.
Guatemala's economy is dominated by the private sector, which generates about 85% of GDP. Most manufacturing is light assembly and food processing, geared to the domestic, U.S., and Central American markets. In 1990 the labor force participation rate for women was 42%, it increased by 1% in 2000 to 43% and in 2010 it increased at 51%. For men the labor for participation rate in 1990 was about 89%, in 2000 it actually decreased to 88% and in 2010 increased up to 90% (World Bank). In terms of self-employment the percentage for men is about 50% while women take up about 32% (Pagàn 1). Over the past several years, tourism and exports of textiles, apparel, and nontraditional agricultural products such as winter vegetables, fruit, and cut flowers have boomed, while more traditional exports such as sugar, bananas, and coffee continue to represent a large share of the export market.Over the past twenty years the percentage of exports of goods and services has fluctuated. In 1990 it was 21% and in 2000, 20%. It increased again in 2010 to 26%.on the other hand its level of imports of goods and services has continually increased. In 1990 its imports of goods and services was about 25%. In 2000 it increased by 4% up to 29%, and in 2010 it increased up to 36%. Migration is another important avenue in Guatemala. According to Cecilia Menjivar, remittances are “central to the economy.” These remittances come from men’s migration, to the U.S. in 2004 remittances to Guatemala accounted for approximately 97% (Menjivar 2).
The United States is the country's largest trading partner, providing 36% of Guatemala's imports and receiving 40% of its exports.〔https://www.cia.gov/library/publications/the-world-factbook/geos/gt.html Retrieved 2 June 2011〕 The government sector is small and shrinking, with its business activities limited to public utilities—some of which have been privatized—ports and airports and several development-oriented financial institutions. Guatemala was certified to receive export trade benefits under the United States' Caribbean Basin Trade and Partnership Act (CBTPA) in October 2000, and enjoys access to U.S. Generalized System of Preferences (GSP) benefits. Due to concerns over serious worker rights protection issues, however, Guatemala's benefits under both the CBTPA and GSP are currently under review.
==Macroeconomic development==

Guatemala has become more economically developed and stable from 1990-2011. The annual GDP growth rate for Guatemala in 2000 was 3.6%, 0.9% in 2009, and slightly increased in 2010 to 2.0%〔United Nations Development Programme. Human Development Report 2011; Sustainability and Equity: A Better Future For All. New York. 2011.〕〔United Nations Development Programme. Assessment of Development Results Evaluation of UNDP Contribution Guatemala. New York. 2009.〕
The poverty rate in Guatemala in 2006 was 54.8%, while the extreme poverty rate was 26.1% Latin America as a whole had a poverty rate of 33% and an extreme poverty rate of 12.9% in 2009.〔UNDP Contribution Guatemala. New York. 2009.
United Nations. Achieving the Millennium Development Goals With Equality in Latin America and the Caribbean Progress and Challenges. New York. 2010.〕 The data thus indicate that Guatemala is behind other Latin American countries, in terms of lowering poverty rates, but there has been an increase in economic activity in terms of GDP and development. Guatemala’s HDI increased from 0.462 in 1990, to 0.525 in 2000, to 0.550 in 2005, and 0.574 in 2011.3 Guatemala ranked 131st in HDI in 2011.〔 Other important human development statistics such as the total fertility rate in Guatemala decreased from 4.8 births per woman in 2000 to 4.2 births per woman in 2006.〔 During the same period, life expectancy increased from 67.9 years in 2000, to 69.9 years in 2006.〔

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