Guatemala: 2026 Article IV Consultation-Press Release; and Staff Report
IMF Staff Country Reports, August 5, 2026
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- Guatemala: 2026 Article IV Consultation-Press Release; and Staff Report
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Bibliographic details
- Published: August 5, 2026
- Series: IMF Staff Country Reports
- Volume: 2026
- Pages: 78
- DOI: https://doi.org/10.5089/9798229057417.002
Summary and Key Findings
- Sound fundamentals: low and stable inflation, solid fiscal and external buffers, and current account surpluses.
- Growth constraints: growth potential remains constrained by poor public infrastructure, which dampens private investment.
- Remittances: large remittances support consumption but complicate monetary policy and put pressure on competitiveness.
Macroeconomic Position and Strengths
- Inflation: described as low and stable.
- Fiscal position: characterized as having solid fiscal buffers.
- External position: characterized as having solid external buffers and current account surpluses.
Constraints, Risks, and Structural Issues
- Public infrastructure: poor public infrastructure is a binding constraint on growth and private investment.
- Remittances: large remittances create trade-offs by supporting consumption while complicating monetary policy and exerting pressure on competitiveness.
- Uncertainty: the country is in a strong position to face ongoing high uncertainty due to its fundamentals.
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- 1gtmea2026001