Guatemala is the largest economy inCentral America, with a GDP of US$46.9 billion (2011). Amoderate long-term rate of economic growth of 3.3 percentbetween 2001 and 2011 translated into a per capita GDP of$3,300 in 2011. However, Guatemala experienced 36 years ofcivil unrest, which left few resources for social programs,including education. The country is one of the most unequalin Latin America, with an estimated Gini coefficient of0.54.With 51 percent of its population living in poverty,Guatemala urgently needs to accelerate growth and movetoward a more equitable society through rapid and inclusivegrowth. The team identified four areas where Guatemala needsto think long-term and think big: 1) the development of keysectors with potential to move up the value chain; 2) a muchneeded investment push in infrastructure and human capital;3) the role of state in delivering essential services; and4) cooperation between the government and business to fostereconomic growth. Specific recommendations are furtherelaborated in the various sections of the report.
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