International cost of living and hardship / quality of living data for 780 global locations.
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Guatemala is in Central America, bordering the North Pacific Ocean, between El Salvador and Mexico, and bordering the Gulf of Honduras (Caribbean Sea) between Honduras and Belize. The climate is tropical. It is hot and humid in the lowlands and cooler in the highlands.The official language is Spanish. English is spoken by many Guatemalan businesspeople and top government officials, however for important business dealings visitors will need fluent Spanish or a competent interpreter. The main religions are Christianity and indigenous Mayan beliefs.The economy of Guatemala has a GDP per capita roughly one-half that of Argentina, Brazil, and Chile. Coffee, sugar, and bananas are the main products.In Guatemala tourism is a significant source of income, as a result expatriates are warmly welcomed. Guatemalans place importance on personal honour. Avoid publically criticising or embarrassing anyone. Expatriate business dress is typically a suit for men, a dress or skirt and blouse for women.The security risk for expatriates in Guatemala is medium overall, but high in Guatemala City. Risks include violent and petty crime, kidnapping (including expatriates), highway robberies, and risks associated with protests which can become violent. Other risks include travel, due to the poor quality of roads and poor infrastructure, earthquakes and volcanic eruptions, hurricanes, heavy rains and landslides.The currency of Guatemala is the Guatemalan Quetzal (GTQ). While ATMs are available not all international cards are accepted. Major credit cards are accepted at some shops and restaurants.Medical facilities funded by the state are generally very poor. Serious or complex medical treatment requires evacuation which can be expensive. Cases of Zika and Chikungunya virus have been reported and Dengue fever is common.The population of Guatemala is 17.3 Million (2019 est.), while the inflation rate (CPI) is 2.17% for Guatemala as at October 2019.Xpatulator Hypothetical Tax for Guatemala is based on the current personal income tax rates which are progressive up to 7%.Within Guatemala we also cover Guatemala City.