{"id":3167,"date":"2017-06-10T13:03:02","date_gmt":"2017-06-10T21:03:02","guid":{"rendered":"http:\/\/www.entremundos.org\/revista\/?p=3167&#038;lang=en"},"modified":"2017-06-10T13:04:03","modified_gmt":"2017-06-10T21:04:03","slug":"guatemalas-low-government-debt","status":"publish","type":"post","link":"https:\/\/www.entremundos.org\/revista\/economy\/guate-in-graphs\/guatemalas-low-government-debt\/","title":{"rendered":"Guatemala&#8217;s low government debt"},"content":{"rendered":"<p>Some countries decide not to fund social programs or social investments so they don\u2019t accumulate too much debt. But Guatemala has one of the lowest debt burdens in the region, so its low social spending and investment can\u2019t be attributed to debt aversion. This chart, from the 2017 report \u201c<a href=\"http:\/\/www.cepal.org\/es\/publicaciones\/41048-consensos-conflictos-la-politica-tributaria-america-latina\">Consensus and conflict in Latin America\u2019s fiscal policy<\/a>\u201d by the UN\u2019s Economic Commission for Latin America and the Caribbean (ECLAC), shows that Guatemala\u2019s debt is far below the Latin America\u2019s average.<\/p>\n<p><a href=\"http:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending25.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3168\" src=\"http:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending25.png\" alt=\"\" width=\"921\" height=\"491\" srcset=\"https:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending25.png 921w, https:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending25-300x160.png 300w, https:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending25-768x409.png 768w, https:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending25-335x179.png 335w\" sizes=\"auto, (max-width: 921px) 100vw, 921px\" \/><\/a><\/p>\n<p>The following chart from the same report shows the amount of money a government has to borrow every year, in percent of GDP. The lower the number, the higher the percent of GDP that the government has to borrow. Guatemala borrows relatively little.<\/p>\n<p><a href=\"http:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending26.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3170\" src=\"http:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending26.png\" alt=\"\" width=\"921\" height=\"555\" srcset=\"https:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending26.png 921w, https:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending26-300x181.png 300w, https:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending26-768x463.png 768w, https:\/\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending26-335x202.png 335w\" sizes=\"auto, (max-width: 921px) 100vw, 921px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some countries decide not to fund social programs or social investments so they don\u2019t accumulate too much debt. But Guatemala has one of the lowest debt burdens in the region, so its low social spending and investment can\u2019t be attributed to debt aversion. This chart, from the 2017 report \u201cConsensus and conflict in Latin America\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3168,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[829],"tags":[845,805,782,779,783,65,560],"class_list":["post-3167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guate-in-graphs","tag-debt","tag-economic-policy","tag-economics","tag-fiscal-policy","tag-gdp","tag-guatemala","tag-guatemala-en"],"_links":{"self":[{"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/posts\/3167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/comments?post=3167"}],"version-history":[{"count":1,"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/posts\/3167\/revisions"}],"predecessor-version":[{"id":3172,"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/posts\/3167\/revisions\/3172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/media\/3168"}],"wp:attachment":[{"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/media?parent=3167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/categories?post=3167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.entremundos.org\/revista\/wp-json\/wp\/v2\/tags?post=3167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}