This Public Finance Review (PFR) is the first since 2013, and it complements other World Bank Group advisory support and analytics. The PFR updates the fiscal analysis with data from 2013 through 2023 and expands into areas not previously covered, such as revenues, fiscal risks, and...

Guatemala's agrifood sector plays a significant role in Guatemala's economy, but faces a series of challenges that impact its performance. The agriculture sector accounts for 10.2% of Guatemala's economic activities, with a significant multiplier when accounting for the full backward and forward...

Este informe tiene como objetivo evaluar el estado actual del ecosistema de drones en Guatemala y considerar formas de liberar el potencial de estos mediante el fomento de una adopción más amplia. Para ello, siguiendo la metodología utilizada por PwC, se realizó un mapeo del ecosistema...

To address the combined challenges of hidden hunger and climate vulnerability, crop breeding efforts over the last decades have focused on releasing crop varieties with resilient traits and higher nutrient content. Ensuring that those newly released varieties reach the types of farmers most...

The objective of this feasibility study is to identify disaster risk finance and insurance (DRFI) solutions for up to 1.9 million family farmers in El Salvador, Guatemala, and Honduras. This study is motivated by an emerging consensus on the need to design and implement large-scale DRFI...

[This report is available both in Spanish and English] At the request of the Finance Ministry and the Planning General Secretariat (SEGEPLAN) of Guatemala, an IMF team undertook a Public Investment Management Assessment (PIMA), including the Climate PIMA (C-PIMA) module, from May 30 to June 19,...

In order to improve the efficiency of their capital investment and improve the access of the population to high-quality infrastructure, the Finance Ministry and the Planning general secretariate SEGEPLAN requested an IMF mission to apply: (i) the public investment management assessment (PIMA)...

Guatemala's economy continues to grow at its potential given existing constraints, with inflation within the monetary policy's target. While political risks remain latent, Guatemala maintains its long-standing track record of macroeconomic stability and prudent policies anchored in a low-growth...

We apply the Gross City Development Index (GCD-Index) by Ruiz Estrada and Park (2019) in the case of Guatemala City. The GCD-Index calculation is based on the concept of City integral sustainable development platform. The platform consists of ten main structures, which are (i) Main Structure-1:...

Following the Minimum Food Security Quota (MFS-Quota) proposed by Ruiz Estrada, Ndoma, and Park (2016) to evaluate and determine the food sustainability of any given developing and least developed countries in the event of any famine this paper sets out to apply the MFS-Quota to test...

Corner stores are the main venue for ultra-processed food sales in Guatemala. We conducted 30 interviews with corner store proprietors to determine the strategies used by food and beverage industry distributors to deliver products and place point- of-sale advertising. We find that proprietors...

This paper examines how to evaluate corruption based on the socio-economic development leakage that any country can experience in different historical periods. It is based on a new indicator entitled ”The Massive Socio-Economic Development Leakage from Corruption Index (∂-n-Index).” This...

Spanish AbstractEste artículo, basado en una investigación documental, traza tres objetivos: 1) comparar los niveles de corrupción registrados en Chile, Colombia, Costa Rica, Guatemala y México; 2) estudiar el comportamiento en estos países de otros factores asociados con una menor o mayor...

This note aims to close the knowledge gap about the effectiveness and capacity of labor migration sending systems in NCA countries. The report assesses whether NCA countries have the fundamental elements of an effective labor migration sending system, identifies the missing elements, and offers...

With a population of approximately 18.2 million people, Guatemala is the most populous country in Central America. Guatemala has one of the highest rates of femicide in the world, with violent deaths of women increasing from 1.3 per 100,000 women in 2020 to 1.6 per 100,000 women in 2021,...

This paper studies the effects of differential exposure to COVID-19 on educational outcomes in Guatemala. The government adopted a warning index (ranging from 0 to 10) to classify municipalities by infection rates in 2020, which was then used by the Ministry of Education in 2021 to establish a...

This Selected Issues paper focuses determinants, risks, and expectations to study inflation in Guatemala. It analyses: (1) quantify the role of external and domestic factors on the dynamics of inflation in Guatemala. It identifies imported factors driving inflation dynamics and estimates their...

This 2023 Article IV Consultation highlights that Guatemala's solid record of accomplishment of prudent macroeconomic policies and large remittance inflows provided the country with large buffers to weather a challenging global environment and tightened global financial conditions. Inflationary...

This paper focuses on the technical assistance report on international taxation challenges and options in Guatemala. The topic of treaties has garnered special attention in Guatemala as of late, requiring a strategy to be devised. Treaties foster a better business climate and can encourage...

This paper studies the effects of differential exposure to COVID-19 on educational outcomes in Guatemala. The government adopted a warning index (ranging from 0 to 10) to classify municipalities by infection rates in 2020, which was then used by the Ministry of Education in 2021 to establish a...

With only 32% of active age women in the labor market, Guatemala is an upper middle-income country with one of the lowest rates of female labor force participation in the Latin America and the Caribbean region, and in the world. The rate of female labor participation is especially low in the...

With only 32% of active age women in the labor market, Guatemala is an upper middle-income country with one of the lowest rates of female labor force participation in the Latin America and the Caribbean region, and in the world. The rate of female labor participation is especially low in the...

The impact of crime on economic growth is obviously substantial, but measuring such impact to get a sense of the intensity of its effects on economic performance is subject to a great deal of uncertainty. As such, this paper primarily attempts to close this gap by introducing the economics of...