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Guatemala

Welcome to the price transmission page for Guatemala. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Guatemala

Historic Warnings per Commodity

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Background information

The economy of Guatemala lags behind the other countries in Latin America and the Caribbean as per capita GDP is only half the average for the region. Moreover, Guatemala is highly dependent on remittances from expatriates as those monetary transfers sum up to more than half of the economy’s exports.

The agricultural sector contributes to 13.6% of GDP and engages about one-third of the workforce. The main products are sugar, coffee, bananas, and vegetables which are mainly grown for export. In order to fulfill the domestic demand on the other hand, 43% of the total cereals consumption is imported.

Guatemala scored 0.627 on the HDI (2014). Despite being designated as a country with medium human development, living conditions are critical: both the income and wealth income equality remain low as the upper one-fifth of the population accounts for more than half of the national consumption. Poverty is widespread and affects more than half of the population, and is highest among indigenous communities which represent two-fifth of the population. On top, Guatemala ranks among the countries with the highest malnutrition rates worldwide. Children make up another highly vulnerable group.