IMF Staff Country Reports

Guatemala: Selected Issues and Analytical Notes

September 1, 2016

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Guatemala: Selected Issues and Analytical Notes, (USA: International Monetary Fund, 2016) accessed September 19, 2024

Summary

This Selected Issues paper estimates potential output growth and the output gap for Guatemala. Potential output growth averaged 4.4 percent just before the global financial crisis but has since declined to 3.75 percent owing to lower capital accumulation and total factor productivity (TFP) growth. It is estimated at 3.8 percent in 2016, and the output gap has virtually closed. Potential growth is expected to reach 4 percent in the medium term owing to the expected improvements in TFP growth. Policies should also prioritize mobilizing domestic savings to invest and build a higher capital stock.

Subject: Banking, Credit, Financial inclusion, Financial markets, Financial sector development, Inflation, Money, Poverty, Prices

Keywords: Asia and Pacific, Caribbean, Central America, Commodity price inflation, CR, Credit, Financial inclusion, Financial sector development, Food inflation, GDP, Global, Guatemala, Inflation, Inflation expectation, Inflation headline inflation, ISCR, Macroeconomic fundamentals, Nominal interest rate, Yield

Publication Details

  • Pages:

    106

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2016/282

  • Stock No:

    1GTMEA2016002

  • ISBN:

    9781475531534

  • ISSN:

    1934-7685