Economy of Guatemala

E376868

The economy of Guatemala is a mixed, developing economy driven by agriculture, remittances, manufacturing, and services, with significant income inequality and strong trade ties to the United States and Central America.

All labels observed (1)

Label Occurrences
Economy of Guatemala canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf national economy
belongsToOrganization International Monetary Fund
World Bank
World Trade Organization
centralBank Bank of Guatemala
country Guatemala
currency Guatemalan quetzal
developmentLevel developing economy
economicSystem mixed economy
hasCharacteristic concentrated land ownership
export-oriented agriculture
high dependence on remittances
high income inequality
large informal sector
rural poverty
hasIssue infrastructure deficits
low tax revenue
poverty
underemployment
keyExport apparel
bananas
cardamom
coffee
fresh vegetables
sugar
textiles
keyImport chemical products
fuels
machinery
manufactured goods
laborForceSector agriculture
industry
services
mainTradingPartner El Salvador
Honduras
Mexico
United States of America
surface form: United States
majorIncomeSource remittances
majorSector agriculture
manufacturing
services
policyPriority export-led growth
macroeconomic stability
region Latin America
regionalEconomicArea Central America
remittanceOrigin United States of America
surface form: United States
tradeAgreement CAFTA-DR
Central American Common Market

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Guatemalan quetzal category Economy of Guatemala