Exporters Directory
Service Sector

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Guatemala, the best country to invest in

 

Guatemala is positioning itself as a provider of higher value-added services in global markets. It has the human talent and infrastructure to attract investments in areas such as Information Technology, Analysis Laboratories, Health Tourism, Sustainable Tourism, Logistics, and Creative Industries.

 

Guatemala is an attractive investment destination for the service sector due to its growth potential, human talent, tourist attractions, and industry-promoting policies driven by the "Guatemala Moving Forward" plan.

Economic engine in Central America

 

With a Gross Domestic Product (GDP) close to US$70 billion and over 16 million inhabitants, Guatemala is the largest economy in the entire Central American region. From the country, companies can cater to the growing Central American and southern Mexico market, reaching over 45 million people and up to US$322 billion. Guatemala's location is strategic for serving this significant market.

Guatemala represents 35% of the economy of the region

 

The country stands out for its good macroeconomic management, with stable and controlled inflation levels (close to 4 percent annually), a high level of monetary reserves, sustained economic growth of approximately 3 percent each year (even showing growth during the strongest years of the global economic crisis), and a current GDP per capita of US$4,154.70. The exchange rate is stable, allowing businesses to make proper financial projections without concerns about exchange rate risks.

Highly diversified productive sector

 

In recent years, Guatemala has experienced significant productive diversification, developing a wide range of productive sectors. Some of these sectors, traditional in the country, are highly significant, such as agriculture, which represents 10 percent of the national GDP. Trade (23) and industry (18) are equally important sectors.

 

The various service industries are equally important for the country and are currently experiencing significant dynamism. These include Software Development Services, Contact Centers and Business Process Outsourcing (BPO), Tourism, and Laboratory Services, among others.

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