Population, total (millions) 16.9 2017 17.2 2018. Open access, high quality wealth and income inequality data developed by an international academic consortium.
This means that 0.001 percent of the population owns more than half of the country’s wealth. Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) 11.1% 2006 8.7% 2014 . GDP growth (annual %) 2.8% 2017 3.1% 2018 . The indigenous population is more than twice as likely to be poor than the nonindigenous group. According to a study conducted by the Union Bank of Switzerland (UBS), 260 Guatemalans own 56 percent of the national economy. Guatemala has experienced continued economic stability, but this has not translated into growth acceleration to close the income gap with rich countries. Country Indicators. In fact, poverty and inequality in the country are persistently high, with Indigenous Peoples continuing to be particularly disadvantaged. Contribution of the determinants of income inequality in Guatemala1 Luis Alejandro Alejos2 October 2003 Abstract This paper decomposes income inequality in Guatemala in factors related to human capital, ethnic and gender discrimination, the occupational structure, and non-labour income. Guatemala is less redistributive when compared with countries that have similar per capita income like Bolivia and El Salvador . Inequality in life expectancy (%) n.a. Income inequality, Palma ratio: n.a. Inequality in income (%) n.a. Income inequality is high in Guatemala. GNI per capita, Atlas method (current US$) $4,060 2017 $4,400 2018.
Guatemala The source for global inequality data. Income share held by poorest 40% : n.a. Income inequality, quintile ratio: n.a. 41 Both Bolivia and El Salvador devote a higher share of fiscal resources to social spending (as a share of GDP) than Guatemala. Notes: International Poverty Line has a value of US$1.90 PPP Lower Middle Income Class Poverty Line has … Fiscal Policy, Inequality, and the Ethnic Divide in Guatemala Abstract Guatemala is one of the most unequal countries in Latin America and has the highest incidence of poverty. Guatemala - GINI index (World Bank estimate) Definition: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. Inequality in education (%) n.a. Agriculture is a very important source of revenue for Guatemala. Guatemala. Income share held by richest 1% : n.a. Income share held by richest 10 % : n.a.
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