Tuesday, June 1, 2010

Guatemala, Guatemala City Cost of Living April 2010

Country Full Name: Republic of Guatemala.

Location: 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.

Country Climate: Tropical; hot, humid in lowlands; cooler in highlands.

Country Terrain: Mostly mountains with narrow coastal plains and rolling limestone plateau.

Major Languages: Spanish, more than 20 indigenous languages.

Major Religions: Christianity, indigenous Mayan beliefs.

Country Population: 13.7 million (2008 est.) 14.0 million (2009 est.).

Country Economy: 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.

Currency: Guatemalan Quetzal (GTQ).

Country Inflation: 11.4% (2008 est.) 2.2% (2009 est.).

City: Guatemala City is the capital and largest city of the Republic of Guatemala.

City Economy: Guatemala City is the economic, governmental and cultural capital of the Republic, and considered by many, an economic capital of Central America.
Cost of Living: Guatemala City has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Guatemala City is currently ranked 228 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Guatemala, Guatemala City