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ManpowerGroup Talent Solutions: Latin America QMR Q3 2023 | 59 Gross Domestic Product (GDP) Growth Year on Year Inflation Real Wage Growth Year on Year Nominal Wage Growth Year on Year Hiring Demand Trend Hiring Demand Trend by Selected Industry Employed and Unemployed Population over Time Labor Force Participation Rate (15-64 years) Economic Factors Real Wage Growth is adjusted for inflation. Nominal Wages are not adjusted for inflation. Due to rounding, various data sources and time frames figures may not calculate exactly. Key Sources: ILOSTAT, https://www.ilo.org/digitalguides/en-gb/story/globalwagereport2022-23#home https://www.imf.org/en/ www.oecd.org https://ec.europa.eu/eurostat/data/ Guatemala https://www.ine.gob.gt/sistema/ Total Population: 18 million Just over 38% of the population is under 18 years Median Age: 22.7 years 53% of the population live in Urban Areas Informal Employment is estimated to be 71% of Total Employment ILOSTAT https://www.macrotrends.net/ https://datareportal.com/ ManpowerGroup Talent Solutions: Latin America QMR Q3 2023 | 59