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Macro - Country Economic Forecasts - Guatemala

Publisher Oxford Economics
Published May 04, 2022
Length 3 Pages
SKU # OFE17155481

Description

Macro - Country Economic Forecasts - Guatemala

Guatemala outperformed regional peers last year with a strong 8% GDP expansion that drove output 6% above pre-pandemic levels despite low Covid vaccination coverage. However, we expect growth to slow to 2.5% in 2022 and 2.6% in 2023 as output normalizes back to pre-pandemic trends. Coronavirus pandemic risks have waned, but higher inflation and expected economic slowdowns in regional trade partners pose downside risks.

Table of Contents

3 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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