Compare Guatemala (2007) - Guatemala (2008)

Compare Guatemala (2007) z Guatemala (2008)

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	Guatemala (2007)	Guatemala (2008)

Budget	revenues: $3.847 billion expenditures: $4.435 billion (2006 est.)	revenues: $4.301 billion expenditures: $5.219 billion (2007 est.)
Debt - external	$5.175 billion (2006 est.)	$5.561 billion (31 December 2007 est.)
Economy - overview	Guatemala is the largest and most populous of the Central American countries with a GDP per capita roughly one-half that of Brazil, Argentina, and Chile. The agricultural sector accounts for about one-fourth of GDP, two-fifths of exports, and half of the labor force. Coffee, sugar, and bananas are the main products. The 1996 signing of peace accords, which ended 36 years of civil war, removed a major obstacle to foreign investment, and Guatemala since then has pursued important reforms and macroeconomic stabilization. On 1 July 2006, the Central American Free Trade Agreement (CAFTA) entered in to force between the US and Guatemala. The distribution of income remains highly unequal with about 56% of the population below the poverty line. Other ongoing challenges include increasing government revenues, negotiating further assistance from international donors, upgrading both government and private financial operations, curtailing drug trafficking, and narrowing the trade deficit. Remittances from a large expatriate community that moved to the United States during the war have become the primary source of foreign income, exceeding the total value of exports and tourism combined.	Guatemala is the most populous of the Central American countries with a GDP per capita roughly one-half that of Argentina, Brazil, and Chile. The agricultural sector accounts for about one-fourth of GDP, two-fifths of exports, and half of the labor force. Coffee, sugar, and bananas are the main products, with sugar exports benefiting from increased global demand for ethanol. The 1996 signing of peace accords, which ended 36 years of civil war, removed a major obstacle to foreign investment, and Guatemala since then has pursued important reforms and macroeconomic stabilization. On 1 July 2006, the Central American Free Trade Agreement (CAFTA) entered into force between the US and Guatemala and has since spurred increased investment in the export sector. The distribution of income remains highly unequal with about 56% of the population below the poverty line. Other ongoing challenges include increasing government revenues, negotiating further assistance from international donors, upgrading both government and private financial operations, curtailing drug trafficking and rampant crime, and narrowing the trade deficit. Given Guatemala's large expatriate community in the United States, it is the top remittance recipient in Central America, with inflows serving as a primary source of foreign income equivalent to nearly two-thirds of exports.
Exchange rates	quetzales per US dollar - 7.6026 (2006), 7.6339 (2005), 7.9465 (2004), 7.9409 (2003), 7.8217 (2002)	quetzales per US dollar - 7.6833 (2007), 7.6026 (2006), 7.6339 (2005), 7.9465 (2004), 7.9409 (2003)
Executive branch	chief of state: President Oscar Jose Rafael BERGER Perdomo (since 14 January 2004); Vice President Eduardo STEIN Barillas (since 14 January 2004); note - the president is both the chief of state and head of government head of government: President Oscar Jose Rafael BERGER Perdomo (since 14 January 2004); Vice President Eduardo STEIN Barillas (since 14 January 2004) cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a four-year term (may not serve consecutive terms); election last held 9 September 2007; runoff held 4 November 2007 (next to be held September 2011) election results: Alvaro COLOM Caballeros elected president; percent of vote - Alvaro COLOM Caballeros 52.8%, Otto PEREZ Molina 47.2%; note - COLOM will take office 14 January 2008	chief of state: President Alvaro COLOM Caballeros (since 14 January 2008); Vice President Rafael ESPADA (since 14 January 2008); note - the president is both the chief of state and head of government head of government: President Alvaro COLOM Caballeros (since 14 January 2008); Vice President Rafael ESPADA (since 14 January 2008) cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a four-year term (may not serve consecutive terms); election last held 9 September 2007; runoff held 4 November 2007 (next to be held September 2011) election results: Alvaro COLOM Caballeros elected president; percent of vote - Alvaro COLOM Caballeros 52.8%, Otto PEREZ Molina 47.2%
GDP - composition by sector	agriculture: 22.2% industry: 19.1% services: 58.7% (2006 est.)	agriculture: 13.8% industry: 27.9% services: 58.3% (2007 est.)
GDP - real growth rate	4.6% (2006 est.)	5.6% (2007 est.)
Imports - partners	US 33.3%, Mexico 8.8%, China 6.5%, El Salvador 5.3%, South Korea 4.9% (2006)	US 33.2%, Mexico 8.8%, China 6.5%, El Salvador 5.3%, South Korea 4.9% (2006)
Industrial production growth rate	3.6% (2006 est.)	5.9% (2007 est.)
Inflation rate (consumer prices)	6.6% (2006 est.)	6.6% (2007 est.)
International organization participation	BCIE, CACM, FAO, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, MINUSTAH, MONUC, NAM, OAS, ONUB, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNMEE, UNMIS, UNOCI, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO	BCIE, CACM, FAO, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, MINUSTAH, MONUC, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UNIFIL, Union Latina, UNMEE, UNMIS, UNOCI, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Labor force	3.86 million (2006 est.)	3.958 million (2007 est.)
Legislative branch	unicameral Congress of the Republic or Congreso de la Republica (158 seats; members are elected by popular vote to serve four-year terms) elections: last held 9 November 2003 (next to be held in September 2007) election results: percent of vote by party - NA; seats by party - GANA 49, FRG 41, UNE 33, PAN 17, other 18 note: in the 2003 election, the number of congressional seats increased from 113 to 158	unicameral Congress of the Republic or Congreso de la Republica (158 seats; members are elected by popular vote to serve four-year terms) elections: last held 9 September 2007 (next to be held in September 2011) election results: percent of vote by party - UNE 30.4%, GANA 23.4%, PP 18.9%, FRG 9.5%, PU 5.1%, other 12.7%; seats by party - UNE 48, GANA 37, PP 30, FRG 15, PU 8, CASA 5, EG 4, PAN 4, UCN 4, URNG 2, UD 1
Pipelines	oil 480 km (2006)	oil 480 km (2007)
Political parties and leaders	Authentic Integral Development or DIA [Edgar DE LEON Sotomayor]; Center of Social Action or CASA [Eduardo SUGER]; Democracy Front or FRENTE [Alfonso CABRERA]; Democratic Union or UD [Manuel CONDE Orellana]; Encounter for Guatemala or EG [Nineth MONTENGRO]; Grand National Alliance or GANA [Alfredo VILLA]; Guatemalan Christian Democracy or DCG [Vinicio CEREZO Arevalo]; Guatemalan National Revolutionary Unity or URNG [Hector NUILA]; Guatemalan Republican Front or FRG [Efrain RIOS Montt]; National Advancement Party or PAN [Ruben Dario MORALES]; National Unity for Hope or UNE [Alvaro COLOM Caballeros]; National Well-Being or BIEN [Fidel REYES]; New Nation Alliance or ANN [Pablo MONSANTO]; Patriot Party or PP [Ret. Gen. Otto PEREZ Molina]; Progressive Libertarian Party or PLP [Acisclo VALLADARES]; Reform Movement or MR [Juan Jose CABRERA Alonso]; Unionista Party or PU [Fritz GARCIA]; Unity of National Change or UCN [Sidney SHAW]; Social Democratic Party of Guatemala or PSG [Roger VALENZUELA]	Center of Social Action or CASA [Eduardo SUGER]; Democracy Front or FRENTE [Alfonso CABRERA]; Democratic Union or UD [Manuel CONDE Orellana]; Encounter for Guatemala or EG [Nineth MONTENGRO]; Grand National Alliance or GANA [Alfredo VILLA]; Guatemalan National Revolutionary Unity or URNG [Hector NUILA]; Guatemalan Republican Front or FRG [Efrain RIOS Montt]; National Advancement Party or PAN [Ruben Dario MORALES]; National Unity for Hope or UNE [Alvaro COLOM Caballeros]; Patriot Party or PP [Ret. Gen. Otto PEREZ Molina]; Unionista Party or PU [Fritz GARCIA]; Unity of National Change or UCN [Sidney SHAW]

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