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Guatemala

eCommerce has gained traction in Guatemala, despite challenges with cross-border payments and much of the population being unbanked. Electronic solutions have been adopted in banks, supermarkets, public transport, and some governmental agencies, emphasizing the global shift towards technological solutions

Guatemala flag

Population

17,109,746

Banked Population:

44.11%

Group 427321246

Main industries

The Private Sector, Manufacturing & Agriculture, Service, and Imported Goods

Group 427321247

Main imports

Refined Petroleum, Broadcasting Equipment, Packaged Medicaments, Cars, and Delivery Trucks

Group 427321248

Main exports

Bananas, Nutmeg, Mace & Cardamon ($1.14B), Coffee, Raw Sugar, and Palm Oil.

GDP stats

$5,025.5

Per capita (USD)

8%

Growth annually

69

World ranking

Internet usage

51%

Smartphone usage

46%

Credit/debit card usage

18%

Population transacting electronically

33%

Group 427321245 1

Total volume of digital payments projected to reach

$7.33B (USD)

BAM GT

Cash

Banco de Antigua

Cash

Banco G and T

Cash

Caja Desarrollo

Cash

Fundacion Genesis

Cash

PuntoXpress GTM

Cash

Payment Methods in Guatemala

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  • Cash

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