Guatemala

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Economy

The agricultural sector accounts for about one-fourth of GDP, two-fifths of exports, and half of the labor force. Coffee, sugar, textiles, fresh vegetables, and bananas are the country's main exports. Also economically important are remittances from Guatemalans working abroad. The rate of inflation was 5.7% in 2006.

Miscellaneous data
Description Value Date
Electricity consumption 6.649 billion kWh 2004
Electricity exports 464 million kWh 2004
Electricity imports 41 million kWh 2004
Oil production 22,300 bbl/day 2005 estimate
Oil consumption 67,000 bbl/day 2004 estimate
Telephones - main lines in use 1,132,100 2004
Telephones - mobile cellular 3,168,300 2004
Natural gas proved reserves 3.087 billion cu m 1 January 2005 estimate
Radio broadcast stations AM 130, FM 487, shortwave 15 2000
Radios 835,000 1997
Television broadcast stations 26 (plus 27 repeaters) 1997
Televisions 1.323 million 1997
Airports 450 2006
Airports with paved runways Total: 11
2,438 to 3,047m: 3
1,524 to 2,437m: 2
914 to 1,523m: 4
under 914m: 2
2006
Airports with unpaved runways total: 439
2,438 to 3,047m: 1
1,524 to 2,437m: 8
914 to 1,523m: 111
under 914m: 319
2006
Pipelines Oil 480 km 2006
Railways 886 km narrow gauge
886 km 0.914-m gauge
2005
Roadways Total: 14,095 km
paved: 4,863 km (including 75 km of expressways)
unpaved: 9,232 km
1999
Waterways 990 km
note: 260 km navigable year round
additional 730 km navigable during high-water season
2004
Ports and terminals Puerto Quetzal, Santo Tomas de Castilla 2007

The 1996 peace accords that ended the decades-long Civil War removed a major obstacle to foreign investment.

In March 2005, despite massive street protests, Guatemala's congress ratified the Dominican Republic - Central American Free Trade Agreement (DR-CAFTA) between several Central American nations and the United States.[9] Guatemala also has free trade agreements with Taiwan and Colombia.