Once a central part of the Mayan civilization, modern Guatemala got its independence from Spain in 1821. It is a Central American country bordered by Mexico to its north and El Salvador to its south. Guatemala is the most populated nation in Central America with agriculture accounting for 13.5% of the GDP. The country primarily exports products like sugar, vegetables, coffee, and bananas. Unfortunately, over half their national population lives below the poverty line and about 23% live in extreme poverty.

With a population of 15.4 million, Guatemala has several ethnic groups including Mestizo and European (60%), Maya (39.3%), and non-Mestizo and Non-Maya. Spanish is the main language followed by Mayan languages. Religion in Guatemala includes Roman Catholic, Indigenous Mayan beliefs and Protestant Christianity. Guatemala is also known for its rich biodiversity and ecosystems, including several species that are endemic to the region. Resulting from political instability, lack of economic opportunities, and natural disasters, Guatemalans have a history of both legal and illegal immigration to neighboring countries.

Average Monthly Earnings

Employment-to-Population Ratio

Unemployment Rate

Employment by Sector

Agriculture 31.8%
Industry 19.0%
Services 49.2%

Employment Distribution by Education

Age 15+

Less than Basic 38.9%
Basic 43.0%
Intermediate 13.8%
Advanced 4.3%
Level Not Stated 0%

Age 15-24

Less than Basic 21.2%
Basic 63.1%
Intermediate 14.9%
Advanced 0.8%
Level Not Stated 0%

Age 15-64

Less than Basic 36.5%
Basic 44.5%
Intermediate 14.5%
Advanced 4.4%
Level Not Stated 0%

Age 25+

Less than Basic 45.3%
Basic 35.7%
Intermediate 13.4%
Advanced 5.6%
Level Not Stated 0%

Schedule a Demo

In Uzbekistan, the laws enforce implied contracts. Where there is no express agreement, the intent of the parties can be determined by conduct. #Uzbekistan #ComplianceUpdates #GlobalCompliance #GlobalPeopleStrategist

In Turkey, effective July 1, 2022, Turkey's gross minimum wage is TRY 6,471 per month. #Turkey #ComplianceUpdates #GlobalCompliance #GlobalPeopleStrategist

In the Bahamas, foreign nationals wishing to work remotely for a foreign company, a visa program named BEATS grants a residence and work permit for 12 months. #ComplianceUpdates #GlobalCompliance #GlobalPeopleStrategist

The Bahamas has a program called Bahamas Extended Access Stay, allowing students to study remotely from the Bahamas. The fee for this visa is BSD 525 and is valid for 12 months. #ComplianceUpdates #GlobalCompliance #GlobalPeopleStrategist

In Romania, starting January 1, 2023, pensioners of the public pension system and beneficiaries whose monthly income is less than or equal to RON 3,000 are eligible for financial aid. #Romania #ComplianceUpdates #GlobalCompliance #GlobalPeopleStrategist

Load More...