Market Intelligence Reports

Quarterly Global Market Report Q4 2020

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28 November, 2020 Guatemala Global: 68 Availability: 70 Cost: 14 Regulation: 49 Productivity: 74 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 21) Region: 15 Availability: 16 Cost: 2 Regulation: 10 Productivity: 20 Remote Readiness 14 Remote Readiness 68 Additional spending and foregone revenue in Guatemala to mitigate the impact of Covid-19 was $2.6 billion USD. The measures include: • Increased spending in the healthcare sector • Cash transfers to different sectors impacted by Covid-19 • Subsidization of salaries and electricity • Financial support for small business • Deferring taxes and social security contributions https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Guatemala International Airport has re-opened provided additional paperwork is completed and a negative test result before departure. Quarantine is currently not required. Businesses are re-opening. Social distancing and mask wearing in public places is required. Schools remain closed. 3.4% 4.5% 0% 20% Guatemala Regional Ave. % of GDP Guatemala Q4 2019* Q4 2020* % Change YOY Total Workforce 7.043M 7.035M -0.1% Unemployment Rate (%) 2.0% 6.0%** 200% Unemployed Workers 141K 422K 200% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year ** Estimate from Trading Economics https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/

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