GUATEMALA

Guatemala

THE OFFICIAL SALARY IN GUATEMALA IN 2020:

Average salary – 4,500 Guatemalan quetzals per month ($570)

Minimum wage – 2,581.76-2,825.10 Guatemalan quetzals per month ($330-360)

Source: Government of Guatemala and international recruitment agencies

Guatemala is located in Central America. It borders El Salvador in the south-east, Honduras in the east, Belize in the northeast and Mexico in the north and west. It is bounded by the Caribbean Sea in the east and the Pacific Ocean in the south.

INFORMATION ABOUT GUATEMALA (2020) 
Population 17.9 million
Average life expectancy  74 years
Unemployment rate 2.5%
Inflation  1.2%
Square 108 888 km²
Form of government Presidential republic
Income tax 5–7%
Capital Guatemala City
Currency Quetzal
Official Language Spanish
Doing Business rank 96
© 2020 WageCentre.com. All Rights Reserved.