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.
Guatemala City is the capital and largest city of the Republic of Guatemala. Guatemala City is the economic, governmental and cultural capital of the Republic, and considered by many, an economic capital of Central America.
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.
The latest cost of living rank for each of the 13 Basket Groups is now available.