{"id":3167,"date":"2017-06-10T13:03:02","date_gmt":"2017-06-10T21:03:02","guid":{"rendered":"http:\/\/www.entremundos.org\/revista\/?p=3167&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\/?lang=en","title":{"rendered":"Guatemala’s low government debt"},"content":{"rendered":"

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 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

\"\"<\/a><\/p>\n

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

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":3168,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"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"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/socialspending25.png?fit=921%2C491&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p7ljt7-P5","jetpack-related-posts":[{"id":3114,"url":"https:\/\/www.entremundos.org\/revista\/economy\/guate-in-graphs\/guatemalas-public-spending-worst-in-the-world\/?lang=en","url_meta":{"origin":3167,"position":0},"title":"Guatemala’s public spending: Worst in the world?","author":"EntreMundos","date":"10 junio, 2017","format":false,"excerpt":"The World Bank rated Guatemala last in the world in public spending and government revenues and near the bottom in public investment in its 2014 report \u201cGuatemala\u2019s Econonic DNA.\u201d The graphs\u00a0above compare revenues, public spending, and social investment as a percent of GDP (a measure of the production of a\u2026","rel":"","context":"En \u00abGuate in Graphs\u00bb","block_context":{"text":"Guate in Graphs","link":"https:\/\/www.entremundos.org\/revista\/category\/economy\/guate-in-graphs\/?lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/guatemalaworldbankworst.png?fit=921%2C554&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/guatemalaworldbankworst.png?fit=921%2C554&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/guatemalaworldbankworst.png?fit=921%2C554&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/guatemalaworldbankworst.png?fit=921%2C554&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":3128,"url":"https:\/\/www.entremundos.org\/revista\/economy\/guate-in-graphs\/why-is-guatemalas-low-social-investment-a-problem\/?lang=en","url_meta":{"origin":3167,"position":1},"title":"Why is Guatemala’s low social investment a problem?","author":"EntreMundos","date":"10 junio, 2017","format":false,"excerpt":"Why is Guatemala\u2019s extremely low spending on public programs and social investment a problem? In short, it increases poverty and hurts competitiveness. Due in large part to lack of social spending, poverty in Guatemala has been increasing, and this has macroeconomic consequences. According to the World Bank\u2019s 2014 Guatemala\u2019s Economic\u2026","rel":"","context":"En \u00abGuate in Graphs\u00bb","block_context":{"text":"Guate in Graphs","link":"https:\/\/www.entremundos.org\/revista\/category\/economy\/guate-in-graphs\/?lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/social-spending-8.png?fit=921%2C566&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/social-spending-8.png?fit=921%2C566&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/social-spending-8.png?fit=921%2C566&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/06\/social-spending-8.png?fit=921%2C566&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":3189,"url":"https:\/\/www.entremundos.org\/revista\/economy\/guate-in-graphs-last-in-the-world-in-public-spending\/?lang=en","url_meta":{"origin":3167,"position":2},"title":"Guate in Graphs: Last in the world in public spending?","author":"EntreMundos","date":"7 agosto, 2017","format":false,"excerpt":"The World Bank rated Guatemala last in the world in public spending and government revenues and near the bottom in public investment in its 2014 report \u201cGuatemala\u2019s Econonic DNA.\u201d The graphs compare revenues, public spending, and social investment as a percent of GDP (a measure of the production of a\u2026","rel":"","context":"En \u00abEconomy\u00bb","block_context":{"text":"Economy","link":"https:\/\/www.entremundos.org\/revista\/category\/economy\/?lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/08\/publicspendingi.png?fit=921%2C554&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/08\/publicspendingi.png?fit=921%2C554&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/08\/publicspendingi.png?fit=921%2C554&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.entremundos.org\/revista\/wp-content\/uploads\/2017\/08\/publicspendingi.png?fit=921%2C554&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":3147,"url":"https:\/\/www.entremundos.org\/revista\/economy\/guate-in-graphs\/guatemalas-poverty-statistics-compared-to-the-region\/?lang=en","url_meta":{"origin":3167,"position":3},"title":"Guatemala’s poverty statistics compared to the region","author":"EntreMundos","date":"10 junio, 2017","format":false,"excerpt":"Rates of poverty\u00a0and extreme poverty in Guatemala have both been increasing, while the rates of most other countries in the region are decreasing.. 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