Exporters Directory
Manufacturing Sector

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Guatemala, the best country to invest in

 

Guatemala is the economic engine of Central America. 4 out of every 10 products in the region are manufactured in the country. We are the ideal destination to investment in areas such as food and beverages, plastic products, pharmaceuticals, medical devices, cosmetics and other light manufacturing.

 

 

Guatemala is an attractive investment destination for the manufacturing sector for the availability of skilled labor, its strategic geographic position, the size of the market, the local input supply network and policies aimed at boosting the industry promoted by the government's Guatemala Moving Forward Plan. Learn more about the AP4 investment in the manufacturing sector here.

Central American Economic Engine

 

With a Gross Domestic Product (GDP) close to US$70 billion and more than 16 million inhabitants, Guatemala is the largest economy in the Central American region. From the country, companies can serve the growing Central American market and southern Mexico, to reach more than 45 million people and up to US$322 billion. Guatemala's location is of strategic significance to serve this important market.

Guatemala represents 35% of the region's economy

 

The country stands out for its good macroeconomic management, with stable and controlled inflation levels (close to 4 percent per year), a high level of monetary reserves, sustained economic growth levels of approximately 3 percent each year (showing growth even in the worse years of the global economic crisis), and a per capita GDP that is currently at US$4,154.70. The exchange rate is stable, which helps companies make adequate financial projections without the concern of exchange risks.

Highly diversified productive Sector

 

In recent years Guatemala has experienced important diversification in its productive base and has developed a broad number of sectors. Some of these, traditional to the country, are very important (such as agriculture, which represents 10 percent of the national GDP). However, commercial activity (23) and industry (18) are equally important.

 

Service industries are likewise very important for the country and are currently experiencing a very significant dynamism: software development services, contact centers and BPO, tourism, laboratory services, among others.

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