BCIE, CACM, FAO, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICRM, IDA,
IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO
(correspondent), ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA,
MINUSTAH, MONUC, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD,
UNESCO, UNIDO, UNIFIL, Union Latina, UNMIS, UNOCI, UNWTO, UPU, WCL,
WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Francisco VILLAGRAN de Leon chancery: 2220 R Street NW, Washington, DC 20008 telephone: [1] (202) 745-4952 FAX: [1] (202) 745-1908 consulate(s) general: Chicago, Denver, Houston, Los Angeles, Miami, New York, Providence, San Francisco
Diplomatic representation from the US:
chief of mission: Ambassador Stephen G. MCFARLAND embassy: 7-01 Avenida Reforma, Zone 10, Guatemala City mailing address: APO AA 34024 telephone: [502] 2326-4000 FAX: [502] 2326-4654
Flag description:
three equal vertical bands of light blue (hoist side), white, and light blue with the coat of arms centered in the white band; the coat of arms includes a green and red quetzal (the national bird) and a scroll bearing the inscription LIBERTAD 15 DE SEPTIEMBRE DE 1821 (the original date of independence from Spain) all superimposed on a pair of crossed rifles and a pair of crossed swords and framed by a wreath
Economy
Guatemala
Economy - overview:
Guatemala is the most populous of the Central American countries with a GDP per capita roughly one-half that of Argentina, Brazil, and Chile. The agricultural sector accounts for about one-tenth of GDP, two-fifths of exports, and half of the labor force. Coffee, sugar, and bananas are the main products, with sugar exports benefiting from increased global demand for ethanol. The 1996 signing of peace accords, which ended 36 years of civil war, removed a major obstacle to foreign investment, and Guatemala since then has pursued important reforms and macroeconomic stabilization. On 1 July 2006, the Central American Free Trade Agreement (CAFTA) entered into force between the US and Guatemala and has since spurred increased investment in the export sector. The distribution of income remains highly unequal with about 56% of the population below the poverty line. Other ongoing challenges include increasing government revenues, negotiating further assistance from international donors, upgrading both government and private financial operations, curtailing drug trafficking and rampant crime, and narrowing the trade deficit. Given Guatemala's large expatriate community in the United States, it is the top remittance recipient in Central America, with inflows serving as a primary source of foreign income equivalent to nearly two-thirds of exports.