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Guatemala: Recent Economic Developments

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  • International Monetary Fund

Abstract

This paper reviews economic developments in Guatemala during 1990–95. In 1993–94, output growth was led by a buoyant services sector while activities in the primary and secondary sectors slowed. Domestic demand grew strongly in 1991–92 owing to a substantial expansion in private investment and an increase in consumption. Growth of domestic demand slowed in 1993–94 because of sluggishness in private fixed capital formation. The rate of inflation fell from 60 percent in 1990 to 11½ percent in 1993–94.

Suggested Citation

  • International Monetary Fund, 1995. "Guatemala: Recent Economic Developments," IMF Staff Country Reports 1995/057, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1995/057
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