Market Intelligence Reports

Global Market Report Q4 2021

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24 Guatemala 6,902 6,937 6,613 6,131 6,283 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 2.0% 2.5% 6.0% 4.7% 2.0% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 Q4 2021 Total Labor Force (000s) 6,411 Employed Workers (000s) 6,283 Unemployed Workers (000s) 128 Unemployment Rate 2.0% 33% - First Vaccine Dose (December 2021) Covid Update Workers are still encouraged to work from home. Healthcare workers were prioritised for the vaccine. 13% 26% 12% 0% 25% 50% 75% Employer Tax Profit Tax VAT Guatem ala Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $415 $460 $2.43 $0 $5 $10 $0 $2,500 $5,000 Average Wage Manufacturing Wage Minimum Wage Guatem ala Regional Average 54% 54% 54% 53% 36% 37% 37% 37% 62% 62% 62% 63% 0% 20% 40% 60% 80% 2016 2017 2018 2019 2020 15-24 years 65+ years Total Labor Force Participation Rate by Selected Age Group Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics ILOSTAT Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/

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